Sat.Jun 08, 2024 - Fri.Jun 14, 2024

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Two thirds of working parents considering quitting because of childcare costs

Workplace Insight

More than two-thirds (70 percent) of working parents in the UK have quit or are considering quitting their job due to lack of affordable childcare options, according to a new poll from Remote. The research explores the financial and mental impact return to office mandates and a lack of flexible hours has on parents, as well as outlining the consequences of what the report calls the ‘Working Parents Crisis’ on the UK’s workforce shortages.

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Gamification in Employee Recognition: How it helps?

Vantage Circle

Gamification in employee recognition has emerged as a revolutionary approach in enhancing employee engagement and performance. This approach makes mundane workdays into an enjoyable and motivating experience. As employees earn rewards and climb leaderboards, they experience a sense of accomplishment and belonging, which in turn boosts morale and productivity.

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What Is A 9/80 Schedule?

HR Lineup

In today’s evolving workplace, flexibility and work-life balance have become paramount for both employers and employees. Among various flexible working arrangements, the 9/80 schedule stands out for its innovative approach to balancing productivity with personal time. This article delves into the intricacies of the 9/80 schedule, exploring its structure, benefits, challenges, and real-world applications.

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Washington State Further Restricts Noncompetition Agreements

McDermott Will & Emery Employee Benefits

The state of Washington has placed additional restrictions on the use of noncompetition agreements. Readers may be familiar with the Federal Trade Commission’s latest noncompete rule, which goes into effect on September 4, 2024. While that federal regulation is currently being challenged in court, Washington’s rule has already gone into effect.

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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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3 areas where compliance experience can set you apart as a COBRA administrator

WEX Inc.

COBRA rules and regulations are a lot for employers to manage daily, let alone under special circumstances (like the American Rescue Plan Act of 2021, or ARPA). If you’re a COBRA administrator, your COBRA experience can help your clients save time, stay compliant, and help participants successfully transition to COBRA or opt for a COBRA alternative.

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Looking Ahead to Your 2024 Tax Return

Money Talk

With the 2023 tax filing deadline in the rear view mirror, now is a good time to look ahead to 2024 taxes that you will owe in April 2025. In a recent article for the Rutgers Cooperative Extension newsletter, VISIONS , I described key features of your tax return to review for future financial planning including income sources, tax write-offs, changes in tax filing status, tax rates and marginal tax brackets, tax withholding, retirement plan contributions, and capital gains and losses.

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Right now, GenAI mostly produces cheap grey goo for a perpetual present

Workplace Insight

I keep hearing that Generative AI will unleash human creativity. Based on the contents of my inbox, I can tell you that is not yet the case. It is increasingly full of GenAI generated press releases and comment pieces that consist of a small amount of gibberish, a larger quantity of stuff that reads likes it’s been written by a non-native speaker, and an even larger amount of bland, clichéd C0nTeNt.

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Exclusive: Younger staff more likely to prioritise family planning in financial goals

Employee Benefits

Younger employees are increasingly likely to prioritise family planning in their financial goals, according to research by financial education platform provider Nudge. Its annual Global financial wellbeing report, which surveyed more than 11,500 employees globally, including 2,000 in the UK, also found that 66% of UK men aged 25-34 are setting financial goals to start their own family, compared to 62% of women.

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ADP, Uber and Adobe: 15 companies with the best leadership teams

Employee Benefit News

After looking at millions of anonymous ratings, Comparably ranked which companies excel at leadership. Did your company make the cut?

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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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Small group vs. large group health insurance

PeopleKeep

Traditional group health insurance is a type of health insurance plan employers offer their employees and their families at a discounted premium rate. Because of its familiarity and tax benefits, group health insurance is a sought-after employee benefit. It can help employers attract and retain talented workers. There are two sizes of group health insurance: small and large.

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Exploring the Virtual Care Policy Landscape One Year Post-PHE

McDermott Will & Emery Employee Benefits

May 11, 2024, marked one year since the end of the COVID-19 public health emergency (PHE), and not much has changed in Medicare telehealth policy. We are still operating under temporary waivers and flexibilities and, as a result, many pandemic-era virtual care policies are facing a cliff on December 31, 2024. This looms large during […] The post Exploring the Virtual Care Policy Landscape One Year Post-PHE appeared first on EMPLOYEE BENEFITS BLOG.

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Workplace conflict makes daily life a misery for millions. But there is hope

Workplace Insight

People who experience conflict in the workplace have lower job satisfaction and are more likely to experience poorer mental and physical health, according to the CIPD Good Work Index 2024. The CIPD’s latest report showed a quarter (25 percent) of UK employees – an estimated eight million people – have experienced workplace conflict in the past year.

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Does Gen Z have the power to revert RTO mandates?

Employee Benefit News

A new survey from job search platform Monster reveals how Gen Z expect to change workplace norms.

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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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Health insurance options for the self-employed

PeopleKeep

Being self-employed comes with many benefits, like being your own boss and having control over your work schedule. However, one drawback is having to navigate the world of health insurance on your own. Luckily, there are several options available for self-employed individuals to obtain health coverage. This article will go over the different health insurance options available for the self-employed to help you make the best decision for your health and budget.

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Managing Your Workforce During Market Volatility: Large-Scale Personnel Decisions

McDermott Will & Emery Employee Benefits

In response to recent market conditions, employers are making difficult workforce decisions, including reducing employee headcount, eliminating departments, hiring consultants or implementing hiring freezes. Being able to navigate these events can help employers mitigate risk and prepare their workforces for the path forward. During a recent webinar, our Employment and Business Restructuring Practice Groups explored best practices and […] The post Managing Your Workforce During Market Vola

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Ohio Withholding Tables Revised for Use Starting July 1

PayrollOrg

The Ohio Department of Taxation has issued updated withholding tables, effective for wages paid on or after July 1, 2024.

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Tough Love?

Florida Workers' Comp

It is intriguing watching from afar the challenges and tribulations of the Californians. No, this does not reference the state's significant budget deficit. California is experiencing a realization that "2022-23 revenue will be $26 billion below budget act estimates." Somehow the realization in 2024 is that revenue last year was low. Some may struggle with how it takes a year to realize you are missing $26 billion.

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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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10 best and worst states for working dads

Employee Benefit News

WalletHub analyzed essential indicators of overall wellness for fathers in each state — here's how they ranked.

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We need to find better ways to communicate and connect with customers in a distracted world

Workplace Insight

Amongst the demands of our daily tasks, one huge challenge that often goes unnoticed: constant messages from communication platforms at every turnaround. The volume of distractions bombarding professionals is staggering. Studies show that from endless Slack notifications and video calls these interruptions disrupt workflow and concentration. This makes it incredibly challenging to navigate through the sea of digital noise.

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Free Electronic Payments eBook Updated for 2024

PayrollOrg

PayrollOrg’s 2024 edition of Guide to Successful Electronic Payments, sponsored by rapid!, provides payroll professionals with the information needed to successfully implement or improve the electronic pay process at their companies.

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Vicky Schollar: What is the potential impact of changes to the fit note system?

Employee Benefits

It was announced in April that GPs may no longer be required to sign off fit notes and that responsibility will be passed to an unspecified healthcare specialist. What do the possible legal implications of this look like and what will be the impact on employees? A sick note, or fitness for work (fit) note, is a written document stating whether an illness or current condition is affecting an employee’s ability or general fitness to work.

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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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Why financial wellness programs desperately need a makeover

Employee Benefit News

It's important to address the emotional and behavioral dynamics that drive everyday money decisions.

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We need to stop paying lip service to the issue of workplace wellbeing

Workplace Insight

In the wake of Mental Health Awareness Week last month, now is a brilliant opportunity to take stock of impactful employee wellbeing initiatives. Many people feel their employers are guilty of ‘ wellness washing ’, the practice of paying lip service to wellbeing. However, the benefits of impactful wellbeing initiatives are clear – 89 percent of employees who have wellness programmes at work report being more engaged and happy within their roles.

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Team bonding activities: The fast track to team cohesion

Business Management Daily

Team Bonding Activities in a Flash: Quick Solutions for Busy Managers Getting workers together for an activity can boost productivity and team members’ well-being. However, most people already know this—finding time to do it is challenging. In fact, today’s fast-paced work environment leaves little time to mingle with coworkers, and even less time to plan and execute a full-on outing.

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HSA vs. 401k vs. IRA: How do these retirement accounts stack up

WEX Inc.

How is your HSA vs. your 401(k) vs. your IRA shaping up for retirement planning? Retirement planning is a lot easier when you imagine what you want it to be like. As Tori Dunlap of Her First $100K said at HSA Day , “I’ve gotten (millennials) to care because I have them picture 65-year-old them.” Will you retire in Florida, or at a cabin in the woods?

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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.