Sat.Apr 29, 2023 - Fri.May 05, 2023

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In a Benefits Plan Far, Far Away

International Foundation of Employee Benefit Plans

Over the past several years, May 4 has skyrocketed in popularity as Star Wars Day—as in, “May the Fourth be with you.” In honor of May the Fourth, we thought it would be fun to continue the rebellion against convention by using Star […] The post In a Benefits Plan Far, Far Away appeared first on Word on Benefits.

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More U.S. job offers include benefits to lure workers

Employee Benefit News

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The Benefits and Challenges of Implementing a 4-day Work Week

HR Lineup

The traditional work week of five days is being challenged by a new concept that is gaining popularity in various parts of the world. The four-day workweek is an innovative approach to productivity that aims to improve employee wellbeing and work-life balance. The concept has been in existence for some time, but it has gained momentum in recent years due to various reasons such as advances in technology, increased awareness of the importance of work-life balance, and the impact of the COVID-19 p

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Top Skills To Look For In A Payroll Executive Assistant Candidate

Professionals Alternative

Top Skills To Look For In A Payroll Executive Assistant Candidate Payroll assistants play an important part in ensuring that a company’s payroll is handled accurately and efficiently in the fintech sector. Payroll assistants’ roles are becoming more sophisticated and tough as fintech expands and advances. In this blog post, we will look at the main skills and competencies needed for payroll assistants in the fintech era, as well as how to find the best individuals for the job.

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We’re Here to Help! How to Navigate Your Top HR Priorities

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

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State-Sponsored Retirement Savings Programs: What Employers Need to Know

International Foundation of Employee Benefit Plans

Research shows that one of the key hurdles for achieving retirement security is having access to a retirement plan at work. And, until recently, as many as 57 million people in the United States didn’t have access to an employer-sponsored retirement plan. […] The post <strong>State-Sponsored Retirement Savings Programs: What Employers Need to Know</strong> appeared first on Word on Benefits.

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Are Paycards and Earned Wage Access Synonymous?

PayrollOrg

Register for the webinar "Are Paycards and Earned Wage Access Synonymous?" on Tuesday, April 4 from 1:00 p.m. - 2:00 p.m. EDT.

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Healthcare Preview for the Week of May 1, 2023

McDermott Will & Emery Employee Benefits

There has been a flurry of activity in Congress focused on healthcare issues over the last two weeks. Committees in both the US House and Senate held hearings on legislation focused on increasing transparency and competition in the healthcare system that could have significant impacts for certain healthcare providers, healthcare plans and pharmacy benefit managers. […] The post Healthcare Preview for the Week of May 1, 2023 appeared first on EMPLOYEE BENEFITS BLOG.

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Making Space increases pay in line with real living wage

Employee Benefits

Social care charity Making Space has increased pay by 10%, or the equivalent of £1,950 per year for full-time staff, in order to bring wages up to the level of the living wage. Employees at social care services run by the charity, amounting to more than 1,000 people across England, received the raise in their April 2023 pay packets. Making Space confirmed that it will pay all employees nationwide a minimum of £10.90 per hour.

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Stay flexible, dream big, plan ahead: How to retire right

Employee Benefit News

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4-Week Roadmap for New Hires

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.

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Ten Trending Topics in Financial Education

Money Talk

Today, I presented a general session program for financial educators and researchers at an online professional conference. My chosen topic was Ten Trending Topics in Financial Education. Below is a brief description of the ten trends that I discussed: Inflation- The U.S. had an ascending 5% inflation rate (CPI) in May 2021 and a descending 5% CPI in March 2023 and many higher inflation rates in between.

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California Agency Issues Proposed Earned Wage Access Regulations

PayrollOrg

The California Department of Financial Protection and Innovation issued proposed regulations that would govern earned wage access. Comments on the proposed rules are due to agency by May 17.

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Examples of poor communication in the workplace

Business Management Daily

Poor communication in the workplace can happen at any and every level. Regardless of whether it involves top brass or a brand-new hire, the result is often an undesirable mess. But what does poor communication look like? Many people might explain it differently, yet we typically recognize it when we see it. In order to improve communication , it’s necessary to understand what poor communication skills look like and their negative impact on the workplace.

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Monday Blues? Here’s How to Beat Them and Start Your Week Right

HR Digest

Monday blues are a common phenomenon, affecting many people as they start a new week at work. Feeling demotivated, overwhelmed, or simply dreading the week ahead can make it difficult to get back into the work groove. If you’re wondering how to beat blue Monday and improve mental health, then we’ve got you covered. There are several strategies you can use in beating the blue Monday dilemma and start your week right.

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How to Make The Best Benefits Decisions for 2025's Workforce: An HR and Total Rewards Guide

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

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Dismissal Streak Continues in BlackRock Target Date Fund Litigation

Proskauer's Employee Benefits & Executive Compensa

A third district court has dismissed with prejudice a complaint alleging that defendants breached their fiduciary duties under ERISA by offering 401(k) plan participants the option to invest in BlackRock LifePath Index Target Date Funds (the “Funds”). Beldock v. Microsoft , Case No. 22-cv-1082 (W.D. Wash. Apr. 24, 2023). Although the outcome of the court’s ruling here is consistent with earlier decisions, the rationale underlying the Beldock decision arguably goes further than in prior rulings

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State-focused Sessions at 2023 Capital Summit

PayrollOrg

From March 20-21, the APA will hold the 2023 Capital Summit in Arlington, Virginia. This premier event will include sessions on state payroll topics and the chance to get updates from federal and state agency experts.

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Metro Bank offers support for employees going through separation

Employee Benefits

Launched in 2010 as the first new high street bank in more than 100 years, Metro Bank now employs nearly 4,500 people across the UK. To show its support for employees going through separation, it signed up to the Positive Parenting Alliance’s HR Initiative when it was launched in January 2023. Khushboo Patel, head of engagement and inclusion at Metro Bank, says: “Our colleagues are at the heart of what we do and we want them to feel supported whatever they are going through in their lives.

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The Future of Remote Work: Challenges and Opportunities

HR Digest

Remote work has been a growing trend for several years, but the COVID-19 pandemic accelerated this trend significantly. The sudden shift to remote work forced many companies to adapt quickly to a new way of working, and the results have been mixed. Some companies have found that remote work can be highly effective, while others have struggled with the challenges of managing remote teams.

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Reduce Bias in Hiring: Structured Interview Questions for Employers

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!

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Why FSA substantiation matters and what to look for

WEX Inc.

The IRS requires your flexible spending account (FSA) participants to submit documentation to prove their purchase was an eligible expense. The IRS emphasized these requirements and potential penalties for employers not meeting the requirements when releasing an Office of the Chief Counsel memorandum last week detailing medical expense claim substantiation for medical FSAs and dependent care FSAs.

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4th Annual Global Payroll Titan Award Nominations Close in One Week

PayrollOrg

Nominations for the Global Payroll Management Institute’s (GPMI) 4th Annual Global Payroll Titan Award close on Tuesday, 21 March 2023. The award is intended to identify outstanding global payroll professionals nominated by their own peers in the industry.

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Tipping Bill passes into law to make withholding tips illegal

Employee Benefits

The Employment (Allocation of Tips) Bill, or Tipping Bill, has received royal consent and passed into law, making the withholding of tips from staff illegal. The government predicted that this would protect more than two million employees, as well as allowing them to view an employer’s tipping record. It also suggested that this would free up £200m per year of otherwise deducted tips, to go back into the pockets of employees.

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The Connection Between Wellness and Productivity: Insights for HR Managers

Flimp Communications

Lower medical costs alone justify an investment in employee wellness, but that’s hardly the end of the story. What about productivity? The post The Connection Between Wellness and Productivity: Insights for HR Managers appeared first on Flimp.

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Transform Employee Wellbeing and Control Costs Through Data-Driven Strategies

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.

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Busting myths: 7 things leaders say don’t impact employee performance

Insperity

When it comes to leading people, there are common “red flags” about employee behavior that can be shared from leader to leader as things to watch out for. You know the phrase, “Watch out if you have an employee who…” This can lead to some panic or concern if you do have an employee – or employees – that come to mind. And although there are some pretty solid examples of bad behavior – like ditching meetings all the time, missing deadlines or taking three-hour lunches every day –

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California Will Waive Penalties for Employers Affected by Bank Closure

PayrollOrg

The California Employment Development Department has announced that it is waiving penalties for employers that are unable to make payroll deposits timely due to the Silicon Valley Bank failure.

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Fifth of employers do not record sickness absence

Employee Benefits

Sickness absence recording by employers hit its lowest level in three years in January 2023 (80%), according to research by industry body Group Risk Development (Grid). The research, which was undertaken in January 2023 among 503 HR decision-makers and 1,212 employees in UK organisations, also found that while a fifth (20%) of employers did not record sickness absence , twice that amount (41%) did not record the impact of sickness absence.

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Over two-thirds of office landlords have no sustainability strategy

Workplace Insight

The vast majority of UK office landlords do not have a sustainability strategy in place despite evidence showing that it would increase the attractiveness of their properties to tenants, according to a new poll commissioned by infinitSpace in partnership with The Instant Group. The survey defined a strategy as several policies with an overall aim to reduce greenhouse emissions and/or promote environmentally friendly practices.

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The Diversity Reckoning: Can HR Survive Without New Perspectives?

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.