PayrollOrg
JUNE 5, 2023
In this June 2023 edition of Compliance TV: IRS Announces HSA Limits for 2024; DHS Extends Date to Physically Check Documents to August 30; IRS Releases Form 941-X, Instructions; IRS Releases Drafts of Forms W-2c and W-3c, 2024 Form W-3, and more.
Employee Benefit News
JUNE 6, 2023
Cameron Yarbrough, CEO of Torch.io, explains how HR leaders can craft an effective PTO policy.
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McDermott Will & Emery Employee Benefits
JUNE 6, 2023
Medicare Advantage (MA) plans are facing both regulatory and business risks following the conclusion of the COVID-19 Public Health Emergency (PHE). What are the major MA flexibilities and requirements related to the pandemic, and have they ended along with the PHE? Read more here. The post Medicare Advantage Plan Requirements Post-PHE: Ensuring a Smooth Transition appeared first on EMPLOYEE BENEFITS BLOG.
International Foundation of Employee Benefit Plans
JUNE 7, 2023
Juneteenth has been celebrated by African Americans since the late 1800s. In June of 2021, President Biden signed a bill establishing Juneteenth as a new federal holiday. Juneteenth National Independence Day is the 12th legal public holiday in the United States and is the […] The post Juneteenth Continues to Grow as a Paid Holiday Offering appeared first on Word on Benefits.
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Are you helping your people proactively plan for retirement? How are you prioritizing the mental health of your HR team? These are a few of the questions that HR professionals are seeking answers to today. Luckily, Gallagher’s consultants came together with four robust articles (and one infographic) that help address these pain points and provide you with proactive planning tips to help you simplify, personalize and create flexibility in your benefits offerings to help ensure your people thrive
Employee Benefits
JUNE 7, 2023
Healthcare profession support organisation Medical Protection Society (MPS) has been awarded a menopause-friendly accreditation due to its commitment to talking openly about it and putting the right help in place. Established by Henpicked: Menopause In The Workplace, the accreditation recognises high standards and proven practices that embrace menopause in the workplace.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
HR Digest
JUNE 5, 2023
The hybrid work culture, which encapsulates, the mix of both onsite and remote work, is proving popular with companies as well as employees. It’s hard to imagine, but prior to the pandemic, only 8% of meetings included a remote participant. Collaboration was almost always done in person. The pandemic forced companies to quickly adopt remote work as an integral part of their business continuity strategy.
Insperity
JUNE 6, 2023
The rise of Generation Z in the workplace comes during a transformative period. The oldest members of Gen Z, the people born between 1996 and 2012, are approaching their mid-20s and therefore have only been in the professional workforce for a few years. Like other generations before them, they bring a new mindset along with different wants and expectations.
HR Digest
JUNE 7, 2023
Last year railroads came under fire for not agreeing to paid sick leave for US rail workers during labor negotiations. “ For months, railroads have been at the table individually with their unions to find a path forward on the quality of life matters that came into the spotlight during the round’s final days,” Association of American Railroads CEO Ian Jefferies said.
Employee Benefits
JUNE 7, 2023
The Covid-19 pandemic and cost-of-living crisis have changed which benefits employees value the most and what employers offer. Organisations that balance their own needs with those of their employees are likely to succeed in attracting and retaining talent as an employer of choice. With the right approach, employers can build a supportive and inclusive work environment in both a hybrid setting as well as a formal workplace.
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Nearly one-quarter of employees (23%) admit they’ve cried within the first week! Give new hires a positive start with this four-week onboarding roadmap. This schedule outlines all the turns, detours, and speedbumps new hires can expect in their first month. We’ve included suggestions for each week to help you make your new employees’ highway to success an easy road.
Achievers
JUNE 9, 2023
Feeling a lack of motivation and focus? Don’t worry 一 you’re not alone. Even the most driven people struggle with a sense of disengagement from time to time. Whether it’s a new project that’s proving especially difficult, a teammate you don’t quite click with, or simply the monotony of handling a task for the hundredth time, a new perspective and a few motivational quotes can turn a dispiriting situation into an unexpected source of strength.
Florida Workers' Comp
JUNE 4, 2023
This post continues the discussion of the impact of CS/CS/HB487 (2023). The first part, including reminders of the nomenclature and legislative process, is in Major Change in the EMA (May 2023). This bill is not a major revision of the workers' compensation law. However, the impact on provider fee schedules may be profound. In any event, the changes should help to attract providers to workers' compensation.
PayrollOrg
JUNE 9, 2023
PayrollOrg commented on the California Department of Financial Protection and Innovation’s proposed rule to regulate earned wage access services.
Employee Benefits
JUNE 9, 2023
By Tracey Ward, Head of Business Development & Marketing at Generali UK Employee Benefits Over 2 million people in the UK with self-reported Long Covid have now had symptoms for at least a year. It can present significant challenges in the workplace because, unlike with long-term conditions such as cancer and diabetes, the prevalence rates for Long Covid are greatest in the working age population (35-69 years).
Speaker: Kaitlin Ruby Carroll
Retaining top talent in 2025 means rethinking benefits. In a competitive job market, fertility benefits are more than just offerings - they are a commitment to your team’s well-being. Gain critical insights into the latest fertility benefits strategies that can help position your organization as an industry leader. Our expert will explore the unique advantages and challenges of each model, share success stories from top organizations, and offer practical strategies to make benefits decisions tha
HR Digest
JUNE 8, 2023
Unlocking the secrets to success, Netflix has rewritten the script on how to build a thriving company. With an unwavering commitment to innovation and a trailblazing HR strategy, they have achieved remarkable feats. Boasting a remarkable employee retention rate of over 95% and earning the coveted #1 spot on Fortune’s “100 Best Companies to Work For” list in 2018 and 2019, Netflix has shattered industry norms.
Proskauer's Employee Benefits & Executive Compensa
JUNE 5, 2023
In Holland v. Murray , No. 21-cv-567, 2023 WL 2645708 (D.D.C. Mar. 27, 2023), the court held that financial support provided by Congress to a multiemployer pension plan under the Bipartisan American Miners Act (“BAMA”) did not divest the plan of Article III standing to pursue the withdrawal liability it was owed. After the contributing employer filed for bankruptcy, the plan assessed its controlled group members, the defendants, with $6.5 billion in withdrawal liability.
PayrollOrg
JUNE 7, 2023
The Office of Child Support Enforcement (OCSE) has changed its name to the Office of Child Support Services (OCSS).
Employee Benefits
JUNE 7, 2023
Global professional services firm Aon has implemented a new carers’ leave policy in order to support its UK employees with caring responsibilities. Launched during Carers Week (5-11 June), the policy offers Aon employees five days of paid leave each calendar year, which can be taken as full or half days, and is in addition to their annual leave. All members of staff who are providing unpaid care for relatives, partners or friends who may be elderly, ill or disabled are eligible for the leave.
Advertiser: Paycor
Structured interview questions are a valuable tool for reducing bias in hiring. They help: Ensure all candidates are asked the same questions in the same way Level the playing field so all candidates have a fair chance of being successful Improve credibility, reliability, and validity Download the guide to get the most out of your interview questions!
HR Digest
JUNE 8, 2023
A new survey from FlexJobs found that poor work-life balance is the top reason workers say they resign. The survey, which was conducted in June 2023, polled over 1,000 professionals and found that 42% were actively thinking about quitting their job, and another 20% had recently quit. After poor work-life balance, workers most commonly said they were driven to job hunt by low or unfair pay (35%); a toxic culture (34%); and a feeling that they were disrespected or undervalued (33%).
Proskauer's Employee Benefits & Executive Compensa
JUNE 7, 2023
Issuers that have been scrambling to prepare their boards and executives for accelerated implementation of compliant Dodd-Frank clawback policies will be glad to hear that the NYSE and Nasdaq have filed amendments to their proposed clawback rules to extend the effective date that would apply if the proposals are approved until October 2, 2023. If approved, the amendments would give listed companies until December 1, 2023 (60 days after the effective date of the rules) to adopt a compliant Dodd-F
15Five
JUNE 5, 2023
Any good diversity, equity, and inclusion (DEI) strategy starts with employees. After all, they’re the people who work in your organization and will be impacted by your DEI efforts. So to gain insights that help your DEI work, it’s worthwhile to run a DEI survey to understand the current state of DEI in the workplace, gather employee sentiment, and make data-driven decisions about your DEI strategy.
Darwinbox
JUNE 7, 2023
In today's hyper-competitive job market, organizations are constantly seeking effective strategies to attract, retain, and engage talented employees. One of the most powerful tool s is employee incentives. This article delves into the deep connection between incentives for employees and key aspects of employee management, shedding light on how organizations can harness this relationship for maximizing employee onboarding, employee retention, and employee engagement.
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In today's dynamic business environment, HR leaders face immense pressure to optimize costs while maintaining a competitive edge to attract, retain and engage their workforce. Gallagher can help you meet that challenge head-on. Our proprietary data and people analytics platform, Gallagher Drive ® , provides the elevated insights you need to make impactful program decisions that are aligned with your organizational goals and set your strategy up for long-term success.
HR Digest
JUNE 3, 2023
“When people are financially invested they want a return. When people are emotionally invested, they want to contribute” Simon Simek HR isn’t ‘your friend’ but is neither your foe. “Transparency and flexibility can allow HR to effectively wear the “dual hat” of communicator and company arm” , one expert told HR Dive. HRs are essentially human. HR personnel are certain to come across a few personal details that employees might not discuss with their co-workers otherwise through their role in the
Workplace Insight
JUNE 9, 2023
A recent edition of Jon Connell’s daily newsletter The Knowledge included this nugget: “Last month, I heard one of the world’s most successful fund managers admit that the charts and models he previously used “gave almost no clue” as to what to do with money now. (His one firm prediction, that the US dollar would weaken, has so far proved dead wrong.
Employee Benefits
JUNE 5, 2023
Need to know: Artifical intelligence (AI) systems like ChatGPT can automate and streamline processes, freeing up HR and leadership time for more nuanced and creative tasks. Benefits communications can be personalised, and their delivery optimised for each individual employee, to have a the best possible impact. Employers must be careful with sensitive data, as well as ensuring that AI systems do not exacerbate existing biases.
McDermott Will & Emery Employee Benefits
JUNE 8, 2023
Members of Congress could call for more transparency about how hospitals use their federal drug discount program savings. According to this Bloomberg Law article, a study found that the Health Resources and Services Administration’s oversight of the 340B program could be improved. McDermott Partner Emily Jane Cook said there is interest in Congress overseeing aspects […] The post Drug Discount Plan Remains Target for Possible Legislation appeared first on EMPLOYEE BENEFITS BLOG.
Speaker: Jeremy York
2024 has tested every organization, and 2025 promises no less - the warning signs are everywhere. If you’re relying on superficial approaches to diversity, you might find yourself scrambling to catch up. Thought diversity - the fuel for new ideas, fresh perspectives, and disruptive innovation - is more than a buzzword. It's a survival strategy. And if you’re not building it into your workplace culture right now , you’re heading for trouble.
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