International Foundation of Employee Benefit Plans
AUGUST 15, 2023
U.S. corporate employers project a median health care cost increase of 7% for 2024, according to International Foundation of Employee Benefit Plans survey results. The 7% increase is on pace with cost trends projected last year in a similar survey conducted by […] The post Employers Project 7% Rise in Health Care Costs for 2024 appeared first on Word on Benefits.
Employee Benefits
AUGUST 15, 2023
Employee Benefits poll: One-third (35%) of organisations do not think that the recent Employment Relations ( Flexible Working ) Bill goes far enough to support working carers, according to a survey of Employee Benefits readers. Meanwhile, 37% think that it does go far enough to support staff who are working carers , whereas 28% were unsure if it does or not.
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Employee Benefit News
AUGUST 14, 2023
The challenges and opportunities of required Roth contributions are taking a backseat for now to legislative and operational messes from the Secure 2.0 law.
PayrollOrg
AUGUST 15, 2023
PayrollOrg’s Government Relations Task Force (GRTF) Federal Issues Subcommittee acted on two issues in July: maintaining IRS funding and requirements for Form W-2c.
Advertiser: Paycor
Get ready for the future of business. As HR navigates an ongoing labor shortage, leaders need stronger, more adaptable recruiting strategies. Do you have the tools you need to build a talent pipeline that drives sustainable business growth?
Employee Benefits
AUGUST 14, 2023
Need to know: Change will happen when it comes to employers’ pensions plans. Whatever the change, some universal principles remain true. Stakeholders should be involved early, to ensure they can voice any objections and feel involved in the process. Avoid legalese; be honest, clear and concise. If it is bad news, upfront about why the decision is being made and explain the reasoning behind it.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Employee Benefit News
AUGUST 18, 2023
A well-rounded set of mental wellness offerings and efforts is helping employees maintain a healthier life in and out of work.
PayrollOrg
AUGUST 18, 2023
Effective July 1, 2024, Vermont employers will be required to make contributions for a new state payroll tax. A portion of the tax may be withheld from employee wages, and the rest must be paid by the employer.
Money Talk
AUGUST 16, 2023
After declining in early years of the pandemic, the percentage of older adults in the labor force is increasing. An estimated 21.9% of Americans age 65+ were working in 2022. In 2019, the older worker cohort included nearly 15% of those in their 70s. Reasons for continued work include a need for additional income (inflation), boredom, social contact, structure, and a sense of purpose.
HR Lineup
AUGUST 18, 2023
Omni HR is a cutting-edge human resources (HR) management platform that revolutionizes the way businesses handle their workforce. It is a comprehensive and intuitive solution designed to streamline HR processes, enhance employee engagement, and optimize overall organizational efficiency. With a user-friendly interface and powerful features, Omni HR empowers companies of all sizes to effectively manage their human capital, making it an indispensable tool in the modern business landscape.
Speaker: Shawnequa Albert
As our workforce evolves, so must the way we support it. With more employees choosing to work beyond age 65, HR leaders are increasingly being called upon to guide aging employees through one of the most complex transitions in their professional lives - from employer sponsored plans to Group Medicare. Without clear guidance, confusion around eligibility, coverage options, and cost implications can lead to uncertainty and missed opportunities for optimized benefits.
Employee Benefit News
AUGUST 18, 2023
Employees want support for themselves and their children with the benefits their workplace offers.
PayrollOrg
AUGUST 16, 2023
Sponsored by Ceridian, the free webinar "When Should an Organization Consider Payroll as a Service?" takes place Wednesday, August 23 from 1:00 p.m.-2:00 p.m. EDT.
Employee Benefits
AUGUST 18, 2023
The top 10 most-read articles on employeebenefits.co.uk between 11 – 17 August were: Tesco Ireland enhances staff health and wellbeing benefits 30% of staff prefer CDC pension for decumulation over an annuity or drawdown ScotRail staff accept improved pay deal Exclusive: A fifth of employees worry about money every day Median monthly pay up 7.8% year-on-year Cepac staff strike over pay and conditions The Watches of Switzerland Group accredited as living wage employer Scottish Opera and Ro
HR Lineup
AUGUST 18, 2023
AbsenceSoft is a cutting-edge cloud-based software solution that empowers organizations to efficiently manage employee absences, streamline leave tracking, and optimize workforce productivity. With its user-friendly interface and comprehensive features, AbsenceSoft simplifies the complex process of managing leave and attendance, making it an indispensable tool for human resources professionals and businesses of all sizes.
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Employee Benefit News
AUGUST 17, 2023
Flexjobs put together a list of companies helping their employees pay off their student loans.
Proskauer's Employee Benefits & Executive Compensa
AUGUST 16, 2023
A recent decision by the U.S. Court of Appeals for the Sixth Circuit ( Patterson v. United HealthCare Ins. Co. , No. 22-3167, 2023 WL 4882436 (6th Cir. Aug. 1, 2023 ) ) illustrates the importance of clearly describing key plan terms in the plan document and summary plan description. Incomplete documentation or disclosure can nullify rights of the plan and its sponsor.
Employee Benefits
AUGUST 18, 2023
Hospitality business BaxterStorey has enhanced its employee benefits package to support its 8,000 UK staff through various life stages and circumstances. The firm has introduced 24 weeks of fully paid enhanced maternity leave to ensure new mothers have the support they need to balance the demands of work and family. It has also replaced its paternity leave policy with a more inclusive secondary carer leave so new parents, regardless of their gender, can take four weeks of paid leave to support t
HR Lineup
AUGUST 18, 2023
Cocoon is an innovative and user-friendly leave management software designed to streamline and automate the process of managing employee leave requests within organizations. With its intuitive interface and powerful features, Cocoon simplifies the leave management process, helping HR departments and managers efficiently track, approve, and monitor employee time off, ensuring a seamless workflow and enhanced productivity.
Speaker: Joana Ardelean, MSHRM, PHR, SHRM-CP, CC
The benefits landscape is shifting rapidly, and AI is at the center of this transformation. From optimizing health and wellness programs to predicting future benefits needs, AI is empowering HR and total rewards leaders to make smarter, more proactive decisions. The challenge? Understanding where AI fits in your strategy and how to leverage it effectively while keeping employee well-being at the forefront.
Employee Benefit News
AUGUST 17, 2023
A recent poll from job site Monster unveils employees and applicants biggest pain points at work.
Darwinbox
AUGUST 16, 2023
We’re delighted to launch the Darwinbox Marketplace, our offering that will provide you with everything you would need to deliver exceptional employee experiences and HR services. With the Darwinbox Marketplace, you’ll have one-click access to solutions across categories offered by partners verified and curated by Darwinbox.
Employee Benefits
AUGUST 18, 2023
Nearly half (48%) of UK office employees do not have access to the feature they identify as most useful to manage their pain and discomfort at work. Inclusive design firm Motionspot surveyed 2,000 office workers who experience menstruation or menopause to explore the optimal workplace design for them. It found that the most common unavailable feature in respondents’ workplaces was a place to lie down (78%), followed by a hot bath and shower (66%) and a dark or dimly lit space (60%).
HR Lineup
AUGUST 18, 2023
PeopleStrategy is a leading provider of cloud-based HR software and benefits administration solutions, offering a comprehensive suite of tools to streamline and optimize human resources management for businesses of all sizes. With a commitment to providing cutting-edge technology and exceptional customer service, PeopleStrategy empowers organizations to enhance their HR operations, improve employee experiences, and drive strategic decision-making.
Advertiser: Paycor
The right HR metrics can illuminate hidden trends, justify decisions to the C-suite, and give you an edge in this unpredictable economy. Download Paycor’s guide and learn how to calculate your: Cost-per-Hire Total Financial Impact of Absences Voluntary Turnover Rate And more!
Employee Benefit News
AUGUST 16, 2023
ResumeGenius compiled a list of the positions, their salaries and what job seekers need to qualify.
WEX Inc.
AUGUST 15, 2023
Whether you're transitioning from your parents' insurance, landed your first full-time job, or are simply obtaining coverage for the first time, choosing health plans and employee benefits options can be overwhelming. You’ll likely hear a lot of terms and acronyms that you’ve never heard before. For first-time health insurance and benefits electees, we’re kicking off a three-part blog series just for you to walk through considerations when making these decisions.
Employee Benefits
AUGUST 18, 2023
Something for the weekend: Each year, more and more video game enthusiasts try to build a career out of creating their own streaming channels. As a result, accounting software and financial technology business Tipalti analysed the streaming landscape of mid-2023 to reveal the highest-earning gamers and highlight just how much a gamer could earn online.
McDermott Will & Emery Employee Benefits
AUGUST 15, 2023
In an acknowledgment of uncommon market conditions and their corresponding effect on defined benefit pension plan funding, the Pension Benefit Guaranty Corporation (the PBGC) provided a welcome one-time waiver for some underfunded pension plans under Section 4010 of the Employee Retirement Income Security Act (ERISA). However, to qualify for the waiver, pension plan sponsors still […] The post Better Than a Snow Day: The PBGC Provides One-Time Section 4010 Reporting Waiver appeared first o
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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