Sat.Jul 15, 2023 - Fri.Jul 21, 2023

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What Employee Benefits Should Small Businesses Include?

Pacific Prime

Small Businesses should include health insurance, a retirement plan, and paid time off in their employee benefits package. Employers should also be aware of the employee benefits that they must include, as required by law, such as workers’ compensation and unemployment insurance. Are you an employer ready to revise your employee benefits plan? Are you.

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What impact will the living pension initiative have on employees’ retirement outcomes?

Employee Benefits

As a voluntary savings target, the living pension initiative sets out the minimum annual contribution needed to afford basic living costs in retirement. Employers should ensure that employees who increase their contributions in line with this are not saving at a rate they cannot afford. Organisations should engage employees in their future finances by introducing schemes to improve financial literacy and provide better pensions information.

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Why Chobani increased its minimum wage to $20 per hour

Employee Benefit News

Shari Eaton, chief people officer at Chobani, explains why their company felt it was the right time to up wages.

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IRS to Provide e-Filing Option for Forms 940, 941-X in 2024

PayrollOrg

The IRS said it will provide an electronic filing option for amended employment tax returns “sometime in 2024.

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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

Speaker: Jennifer Hill

Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.

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Herbert Smith Freehills supports employees’ future with living pension

Employee Benefits

When law firm Herbert Smith Freehills was approached about taking part in the living pension pilot, it was keen to support what it saw as a vital initiative not just for its own employees, but for society in general. Operating from 25 offices across the Asia Pacific, Europe, Middle East and Africa, and North America regions, the firm has been a long-term supporter of the Living Wage Foundation, which has now established the living pension initiative, and has been a living wage employer since 201

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Flipping a Switch: Lessons for Younger Adults

Money Talk

In 2020, I wrote the book Flipping a Switch to describe 35 transitions experienced by older adults. The target audience was clearly the age 55+ set, but occasionally I am asked if younger adults can also benefit. My answer: an enthusiastic Yes! Below are eight ways that Flipping a Switch content may be useful to younger readers: Understanding Your Parents Time Horizon - An insightful chapter is Green Bananas, ROLE Calculations, and Lasts , which describes the changed time orientation of older ad

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Connecticut Pay Data Reporting Requirements Rolled Back

PayrollOrg

Expanded pay data reporting requirements that were set to take effect for Connecticut employers beginning in 2024 were rolled back. Employers will not be required to report the additional elements.

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Not so fantastic: 90% of Barbie doll jobs pay men more

Employee Benefits

Credit: DinosArt / Shutterstock.com Something for the weekend: As many as 90% of jobs held by Mattel’s Barbie dolls pay men more , according to research by Money.co.uk. Money.co.uk analysed 59 roles held by different Barbie dolls against 2022 median full-time pay data from the UK Office for National Statistics and US Bureau of Labour Statistics, to calculate the earning disparity if Ken dolls were in the same job.

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Of mice and men

Workplace Insight

The history of the humble computer mouse dates back to the 1960s and engineer Douglas Engelbart ’s work on improving the way people and computers interact. He initially called the device he envisaged a ‘bug’ but the first prototype he created with Bill English was so unmistakeably a rodent that there was only one thing they could have called it. If only they had settled the question of whether the plural was mouses or mice.

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Where You Can and Absolutely Cannot Cut Costs Corners in Benefits Administration

Managing benefits administration is costly, and cutting corners in the wrong places can lead to disengaged workforces and the risk of non-compliance. This eBook from Selerix highlights areas where you can save without compromising the value of benefits. Proactively Thinking: Make decisions for the long run. Discover ways to be proactive in your decision-making to save money in the future, not just temporarily.

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Comprehensive Guide To Fostering Social Wellness In The Workplace 

Wellable

Unlock the potential of your workforce by embracing an often-overlooked aspect of well-being: social wellness. The post Comprehensive Guide To Fostering Social Wellness In The Workplace appeared first on Wellable.

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PayrollOrg Recognizes Government Partner

PayrollOrg

Realuz Bisa with U.S. Citizenship and Immigration Services has received PayrollOrg’s Government Partner Award.

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Tribunal orders Lawcomm Solicitors to pay £13,000 in unfair dismissal case

Employee Benefits

Family law firm Lawcomm Solicitors has been ordered to pay a former employee nearly £13,000 after a tribunal ruled she had been unfairly dismissed and her contract had been breached after the organisation’s failure to make a bonus payment. Sarah Lightfoot-Webber, former head of family law at the Hampshire-based firm, resigned due to a change in bonus structure without consultation, failure to make her a director as promised upon obtaining the relevant qualification, breach of trust and con

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How to Make the Business Case for An Employee Wellness Program

Flimp Communications

HR teams know the immense value of employee wellness programs. But does your leadership? What follows is a step-by-step plan for pitching an employee wellness program. The post How to Make the Business Case for An Employee Wellness Program appeared first on Flimp.

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HR’s Blueprint for a Successful 2025

The HR industry is changing. Did you know… 1. There will be 4M more jobs than workers by 2033 ( BLS ). 2. For 84% of workers, flexibility is a top priority ( FlexJobs ). 3. 75% of employees have used AI at work ( CFO.com ). It’s time to meet the moment! Use Paycor’s guide to design a blueprint for success.

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Putting Employee Wellness Programs to Work

McDermott Will & Emery Employee Benefits

What are the opportunities and challenges of digital health wellness programs? In a recent discussion, McDermott Partners Scott A. Weinstein and Sarah G. Raaii discussed a wide range of issues, including accessibility to employees, navigating the health plan regulatory landscape, budgetary constraints and the reality of rising healthcare costs. Read more here.

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CIPD says HR professionals should ‘lean in’ to artificial intelligence

Workplace Insight

The swift rise of generative artificial intelligence and its potential impact in the workplace puts people professionals at the heart of understanding how this fast-evolving technology can be responsibly used, and the business impact it may have, according to the CIPD. To support this change, the trade body has launched a new guide, Preparing your Organisation for AI Use , which stresses the importance of people professionals creating clear policies on the use of easily accessible, web-based g

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From Rest to Renewal: The Transformative Impact Of Sabbaticals 

Wellable

Organizations may be overlooking a valuable employee benefit: sabbatical leaves. Explore the landscape, benefits, and best practices for offering sabbaticals. The post From Rest to Renewal: The Transformative Impact Of Sabbaticals appeared first on Wellable.

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Improving Employee Financial Wellbeing in the Face of Economic Uncertainty

Employee Benefits

Amid soaring inflation rates there are predictions of a recession hitting the UK by the end of the year. If you are an employer or HR manager, your responsibility extends to assisting your workforce in mitigating financial stress and ensuring their mental wellbeing. In this way, they can appreciate their work environment, which is crucial for your business growth.

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7 HR Priorities for 2025 to Supercharge Your Employee Experience

Speaker: Carolyn Clark and Miriam Connaughton

Forget predictions, let’s focus on priorities for the year and explore how to supercharge your employee experience. Join Miriam Connaughton and Carolyn Clark as they discuss key HR trends for 2025—and how to turn them into actionable strategies for your organization. In this dynamic webinar, our esteemed speakers will share expert insights and practical tips to help your employee experience adapt and thrive.

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New IBA GEI Report Cites ESG as Emerging Focus for Human Resources

McDermott Will & Emery Employee Benefits

Governments and employers throughout the world are paying more attention to environmental, social and corporate governance (ESG) issues. That’s according to the International Bar Association Global Employment Institute’s (IBA GEI) Eleventh Annual Global Report. The report is based on data from lawyers in 55 countries and covers a range of topics, including artificial intelligence, mental […] The post New IBA GEI Report Cites ESG as Emerging Focus for Human Resources appeared fi

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Navigating the Fallout: How HR Can Support Remaining Employees After a Layoff

15Five

Going through layoffs or a reduction in force (RIF) can create a ripple effect through an organization, causing everything from a dip in morale to a spike in regrettable turnover. If not handled carefully, layoffs can transform a once-thriving culture into a toxic environment. MIT Sloan recently studied Glassdoor data to assess the impact of layoffs on surviving employees and company cultures.

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Cost of living crisis incentivises people to work from home

Workplace Insight

A new report claims that rising numbers of the people in the UK are choosing to shop and work from home to make every penny count as the cost-of-living crisis continues. These insights mark the launch of the second Virgin Media O2 Business Movers Index – a quarterly barometer that combines anonymised and aggregated UK movement data from O2 Motion, with national polling findings to reveal key trends relating to the behaviour of 2,000 British businesses and 1,000 UK consumers.

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30% favour employers that offer mental health support

Employee Benefits

Almost a third of workers (30%) favour employers that offer workplace mental health support , according to research by flexible working platform Flexa. Its latest Quarterly flexible working index pooled data insights from 350,000 job searches and 8,000 jobseekers on where, when and how they want to work. It found that there has been a 20% increase in demand for mental health support since July 2022, when just a quarter of all job seekers expressed a preference for employers that offer this.

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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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Career Map: A Strategic Approach to Achieving Your Professional Goals

HR Digest

Just like planning a road trip, creating a career map can help you navigate the twists and turns of your professional journey. A career map is a written plan that outlines your current position, your ultimate career goal , and the specific steps you need to take to reach that goal. The concept of career mapping can be tricky but here we are to help you out, from its benefits, to practical steps to creating an effective career map that aligns with your ambitions.

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Report: Accommodations for Disabled Employees Are Inexpensive

InterWest Insurance Services

The Americans with Disabilities Act, now more than 30 years old, requires employers to make reasonable accommodations for employees with disabilities. Many employers may be concerned about the cost of making those accommodations. However, a recent government study shows that the costs are typically minimal or non-existent. The report , from an office of the U.S.

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36% of MSK surgeries are unnecessary, costing the workforce $90B

Employee Benefit News

By offering access to digital physical therapy, organizations can dramatically reduce healthcare costs while improving employee outcomes.

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Flexible Working Bill receives Royal Assent

Employee Benefits

The Employment Relations (Flexible Working) Bill, which will allow UK workers to request flexible working from day one in a job, has received Royal Assent. Employees now have the right to request this twice a year instead just once. Employers are now required to consider these and provide a reason before rejection within two months of a request, a change from the previous three months.

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7 Common ACA Compliance Pitfalls and How to Avoid Them

Managing ACA compliance is a major headache, especially in industries with complex schedules and regulations. Errors can lead to fines, legal battles, and strained employee relationships. Ways to Avoid Penalties & Fines: Non-compliance with Hours of Service (HOS) or misclassifying employees can lead to fines and legal issues. We offer tools to avoid these penalties and ensure regulatory alignment.