Sat.Dec 09, 2023 - Fri.Dec 15, 2023

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5 benefits that will rule 2024

Employee Benefit News

The chief well-being officer from EY and chief people officer from Headspace reveal what benefits will be vital to employee productivity and retention.

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New flexible working rights to come into force next year

Workplace Insight

Plans to allow employees to request flexible working from their first day of employment are due to come into force from April 2024. Regulations have been laid before Parliament this week removing the requirement for 26 weeks’ service to ask for flexible times and places of work, due to come into effect on 6 April next year. Under the Flexible Working (Amendment) Regulations any requests made from 6 April do not need any service requirement, meaning that employees will be able to make a flexible

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What Are Excepted Benefits, and Should You Offer Them to Employees?

Patriot Software

Navigating through the waters of health insurance coverage is tricky. You might be wondering, Do employers have to offer health insurance? Although the Affordable Care Act (ACA) requires employers with 50 or more full-time equivalent employees to provide health insurance, no employer has to offer excepted benefits. But, many employers do offer excepted benefits.

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Minimum wage rates for 2024 by state

PeopleKeep

If you’re an employer hiring for the first time, knowing the minimum wage rate in your state is crucial. Even though there hasn’t been a federal minimum wage increase since 2009, many states have set their own minimum wage laws in more recent years that you must follow if you have employees or plan to hire in that location. This can be incredibly challenging if you’re operating a remote company with employees in multiple states.

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The HR Leader’s Workforce Management Guide

In today’s fast-paced business world, effective workforce management (WFM) isn’t just an option—it’s a necessity.

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Target Benefit Plans: An Update on Where They Stand

International Foundation of Employee Benefit Plans

Although target benefit pension plans have been in a state of unknown for a while, they are now closer to having a permanent funding model with several new proposals currently under consideration. In 2015, the Office of the Superintendent of Financial Institutions […] The post Target Benefit Plans: An Update on Where They Stand appeared first on Word on Benefits.

Pension 75

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Twelve Signs That You Are Ready to Retire

Money Talk

Many older adults retire at the end of December to “start fresh” financially in a new calendar (and tax) year. Many younger adults wonder when they will be ready to retire and how they will know. Below is a brief discussion (in no particular order) of 12 signs of retirement readiness: Financial Preparedness - This includes adequate savings and other income sources (e.g., Social Security, pension, rent) as indicated by online tools like the FINRA Retirement Calculator.

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SAP Blog – SAP SuccessFactors Employee Central Payroll Expands Globally Adding its 50th Country Calc Engine for Greece

3Sixty Insights

SAP SuccessFactors Employee Central Payroll Expands Globally Adding its 50th Country Calc Engine for Greece This year, I’ve dedicated more time to working closely with buyers and vendors from across the HR technology and services marketplace to understand regulatory trends and challenges and learn more about the modern solutions shaping how compliance is managed across the HR spectrum.

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Mental health trends and predictions for 2024, according to Lyra

Employee Benefit News

Lyra Health's latest research reveals some important changes that can be made around employee expectations to improve mental health outcomes.

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Half of HR teams to prioritise preparing for AI’s impact in 2024

Employee Benefits

More than half (55%) of HR teams say their top priority for 2024 will be preparing their organisation for the impact of artificial intelligence (AI) and automation, according to research by digital services and payments platform Edenred. Its annual People barometer 2023 also found that in 2024, 43% of respondents will prioritise support for employee wellbeing , followed by investment in employee engagement (36%).

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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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Workplace and property firms must wake up to the new era of networked businesses

Workplace Insight

While millions of words have been dedicated to the expected changes in post-Covid workstyles – how will people work, where will they work, how will they be supported – very little has been said about their employers: companies and corporations. Yet the anticipated changes to work and the workplace raise questions about the role of the company. Is it one just half of a transaction between employer and employee?

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#HRTechChat: A Chat with Workforce Software on the Deskless Worker Experience

3Sixty Insights

This #HRTechChat between Workforce Software’s CMO Sandra Moran, and 3Sixty Insights’ Distinguished Advisor, Steve Goldberg, delves into many aspects of the employee experience for desk-less workers. Findings are shared from the WFM Tech vendor’s annual Global EX Study, and the two experts talk about implications as well as intersecting topics that would be of interest to most HR professionals and leaders.

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Child care, mental health and neurodiversity will top HR priorities in 2024

Employee Benefit News

Leaders share the benefits, programs and priorities that will shape the workplace.

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The Evolving Job Market in the Eyes of a Recruiter

Vantage Circle

The recruiting landscape has shifted dramatically in recent years. Candidates now have far more power than they did just a few years ago. In fact, research shows that the current job market is almost 90% candidate-driven. This means that companies no longer have the luxury of picking talent; talent picks them. As a result, hiring qualified job candidates with in-demand skills, has become difficult.

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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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Big firms don’t really want you to contact them

Workplace Insight

Some of Britain’s most famous and successful companies make it hard for customers to get in touch, according to a new study of FTSE 250 companies, by Moneypenny , with 89 percent of the companies having no phone contact number on their website home page. While some of the FTSE 250 companies did feature a phone number elsewhere on their website, 33 percent of them make it extremely difficult to find a contact number on their website and have no phone number on their respective home pages.

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Mirit Ehrenstein and Louise Mason: Changes to remuneration, pay transparency and diversity metrics in 2023

Employee Benefits

The end of 2023 saw considerable changes to regulation and guidance around many employment issues, including remuneration, pay transparency and diversity metrics. The bonus cap has been removed. This means that UK banks that had to limit variable remuneration to 200% of fixed pay are now permitted to pay bonuses at a higher level. The cap did not limit total pay and resulted in exerting upward pressure on fixed pay and reducing the share of pay at risk.

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23 HR and benefit lessons learned in 2023

Employee Benefit News

From AI's impact to the innovations that can make healthcare affordable, we recap the hardest-won lessons of the year.

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Employer Guide: Addressing Employee Career Plateaus

Wellable

As promotion opportunities diminish, employees face ‘career plateaus.’ Explore strategies to help employees overcome stagnation for a thriving workforce. The post Employer Guide: Addressing Employee Career Plateaus appeared first on Wellable.

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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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Technology is stealing your time in ways you may not realise

Workplace Insight

Technology is supposed to make our lives easier. Smart phones provide a palm-size window to the world, enabling us to do almost anything at the touch of a button. Smart homes look after themselves, and virtual meetings mean that for many, time spent commuting is a thing of the past. So we should have more free time. Time which is now spent sleeping, relaxing or simply doing nothing – right?

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States Move to Advance Telehealth Objectives

McDermott Will & Emery Employee Benefits

Numerous states—including Florida, Texas and Michigan—have been busy finalizing telehealth-related rulemaking and legislation. Michigan’s proposed bills, for example, push for coverage parity across insurers and payment parity. What else have these states been up to over the last month? Read more here. The post States Move to Advance Telehealth Objectives appeared first on EMPLOYEE BENEFITS BLOG.

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Washington state long term care tax offers lessons for everyone

Employee Benefit News

Other states may attempt to duplicate a law that offers limited benefits with delayed and spotty coverage.

Taxes 119
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Brewers Decorator Centres supports and values neurodiverse staff

Employee Benefits

Decorators merchant Brewers Decorator Centres demonstrates support for its neurodiverse employees through a dedicated policy that recognises the strength and opportunities a workforce of this kind can bring. The organisation, which has more than 200 sites across the UK and Jersey and 1,500 employees, introduced a neurodiverse policy in written, video and dyslexia-friendly formats in November 2023.

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Why (and How) to Switch to a New HR & Payroll Platform

Speaker: Speakers:

HR and payroll impact every aspect of your business. Choosing the right provider is one of the most important decisions you’ll make. Before you decide, hear first-hand customer accounts in Paycor’s webinar to learn: The three most important things to look for when switching. How to begin your search. What are some of the red flags?

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Workplace innovation is boosted when managers have high social status

Workplace Insight

Social status of top management in a company is positively associated with innovation, including workplace innovation, due to greater access to resources for research and development (R&D), finds new research from UCD Lochlann Quinn School of Business (UCD Quinn School). The findings were first published in the journal R&D Management. Professors Luca Pistilli and Alessia Paccagnini, both from UCD Quinn School, and Ali Radford from Aston Business School collected the financial, ownership,

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Top 50 New Year Office Party Ideas

Vantage Circle

Get ready to ring in the New Year at the office! This blog is packed with the 50 best New Year Office Party Ideas for 2024 to make your celebration a hit. New Year marks the start of a beautiful journey—a day filled with fresh goals, joyful moments, and warm beginnings. As the first party of the year, let's cherish its significance. Explore this blog for top office New Year party ideas, including exclusive suggestions for remote teams and various company sizes to suit different budge

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3 ways to support sober employees during holiday party season

Employee Benefit News

The holidays can be challenging for people in recovery for drug and alcohol addictions, but there are ways to navigate the season with the right support.

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How to support employees with neurodiverse conditions

Employee Benefits

Some neurodiverse conditions can be considered a disability under the Equality Act 2010, so employers have a legal duty to make reasonable adjustments. Employers can put tools in place to holistically support neurodiverse employees’ mental wellbeing. Biases in performance evaluations or promotion should be removed as they are not conducive to a workplace that is fair for all employees.

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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.