Sat.Feb 03, 2024 - Fri.Feb 09, 2024

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4 things employers must do to keep current on HSA rules and regulations

Employee Benefit News

Employers that contribute to HSAs must monitor contributions, satisfy comparability rules, determine which financial organizations to work with and meet reporting requirements.

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How to Choose a Payroll Service for Your Small Business

Patriot Software

Payroll software makes paying employees a breeze by calculating federal, state, and local taxes. If you’ve decided you want to use software to run payroll, you can put away your calculator and income tax withholding tables (hooray!). But, do you know how to choose a payroll service?

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A Return to Prioritizing Retirement Benefits 

HR Professionals Magazine

By Chuck Stinson The McGriff Retirement Benefit Survey, a follow-up to our 2023 National Benefit Trend Survey, provides a comprehensive view of retirement plan trends across a diverse landscape of industries and company sizes. It provides valuable insight into how employers are navigating the complexities of employee benefits in a rapidly evolving landscape.

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IRS Confirms Same Hours-Counting Rules Still Add Up for Long-Term, Part-Time Employees

McDermott Will & Emery Employee Benefits

Following the SECURE Act and the SECURE 2.0 Act, employers must now offer employees who work at least 500 hours within three (reduced to two beginning January 1, 2025) consecutive 12-month periods an opportunity to make elective deferrals to their 401(k) plans and, beginning in 2025, their 403(b) plans. This new long-term, part-time employee rule […] The post IRS Confirms Same Hours-Counting Rules Still Add Up for Long-Term, Part-Time Employees appeared first on EMPLOYEE BENEFITS BLOG.

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Future-Proof Your Talent Pipeline

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?

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86% of employees are stressed about money: Why your financial wellness benefits may be failing

Employee Benefit News

Concerns around student loans, the cost of living and retirement are impacting employees' financial and emotional well-being.

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Top 10 Tips to Manage Employee Time-Off

HR Lineup

Managing employee time-off efficiently is crucial for maintaining productivity, ensuring employee satisfaction, and fostering a positive work culture within an organization. Effective time-off management involves balancing the needs of employees with the operational requirements of the business. In this article, we’ll discuss ten valuable tips to help employers and HR professionals effectively manage employee time-off while maintaining workflow continuity and employee morale. 1.

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The Cost of Convenience

Money Talk

A key factor that determines what people spend money on every day is convenience. Convenience generally saves time but can add to the cost of products and services because somebody did some work for you (e.g., marinating meat or fish or making kabobs). An estimated $751 billion is spent annually by Americans on convenience items according to a study by Finder, an online data aggregator.

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Over 80% of employers plan on upgrading their leave policies, according to WTW

Employee Benefit News

WTW found that 84% of employers plan to change their leave policies in an effort to attract and retain their best talent.

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5 Scenarios When You Should Consider a Third-Party Investigator

HR Bartender

Estimated reading time: 5 minutes (Editor’s Note: Today’s article is brought to you by our friends at Case IQ , a leading provider of case management solutions that helps companies manage the process and workflow of investigators collecting and analyzing information related to a case, with the goal of resolving issues, managing risk, and identifying opportunities for improvement.

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Understanding Group Medicare for an Aging Workforce: Key Considerations for HR Leaders

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.

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Top 15 Tips to Track Payroll Metrics

HR Lineup

Payroll management is a critical aspect of any business, regardless of its size or industry. Accurate and efficient payroll processing ensures that employees are compensated correctly and on time, while also helping businesses comply with various regulations and tax requirements. However, payroll management goes beyond simply issuing paychecks; it involves tracking and analyzing various metrics to ensure that the process is running smoothly and effectively.

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68% of employees suffer from health problems at work

Employee Benefits

Almost seven in 10 (68%) employees have reported suffering from health problems at work, according to research by Simplyhealth. The employee health plan provider, which surveyed 4,000 UK adults about their workplace health and wellbeing , and employer practice, also found that a total of almost 19 million days are taken off for physical health problems alone, while 25% of respondents who experienced a health problem said their workplace was not supportive in managing their pain.

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Are pensions set for a big retirement return in 2024?

Employee Benefit News

Major employers like IBM and Ikea are touting the benefits of pensions on their employees' financial well-being. Is the industry ready for a comeback?

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They call it mellow yellow. Issue 19 of IN Magazine lands

Workplace Insight

The new issue of IN Magazine has been published online today. In this issue: we ask why firms are so reluctant to change what they do; a dream of the past and future of work; Andy Lake talks about his new, visionary book; how AI might make cities worse; what inclusive design means; a panel of experts discuss what changing work practices mean for major business districts; why we must rethink how we light our streets and squares; how to strike the right balance when it comes to creating meetings i

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Ready to Save Time With AI? Try 14 ChatGPT Prompts for HR

ChatGPT is a powerful tool that can help you quickly brainstorm, draft, and refine tasks on your to-do list. But it can take a bit of strategy and practice to get generative AI to give you the time-saving results you’re looking for. Try these 14 detailed prompts to unlock the power of ChatGPT. You'll discover ways to streamline tasks for hiring, employee engagement, and performance management.

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10 Best Task Management Software for 2024

HR Lineup

Project managers face challenges when planning, organizing, and prioritizing their tasks. They need to work swiftly and efficiently to meet deadlines, plus ensure that they use only allocated resources. As a business manager, you must equip yourself with the best task management tools to do your work efficiently and stay competitive. With so many task management softwares in the market, you must carefully choose the best task management software for your business needs.

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30% of staff have or would call in sick to work despite feeling healthy

Employee Benefits

Almost a third (30%) of employees have admitted that they have or would consider calling in sick to work despite feeling healthy, according to new research from MetLife UK. Published to coincide with National Sickie Day (5 February 2024), the day when most workers are likely to phone in sick, the insurance and employee benefits provider found that 40% did so as they felt burnt out.

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Pets are helping employees sit and stay in a job

Employee Benefit News

Businesses benefit when they prove themselves to be a pet-friendly workplace.

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Your PTO Playbook for Super Bowl Monday

International Foundation of Employee Benefit Plans

Whether it was the stellar halftime performance, a fourth-quarter Hail Mary, or the overload of chips and guacamole, employees may struggle to go the extra mile (or yard) on Super Bowl Monday. While Super Bowl Monday hasn’t quite reached national holiday status, […] The post Your PTO Playbook for Super Bowl Monday appeared first on Word on Benefits.

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The Great Disruption: Leveraging AI To Better Your Benefits Strategy

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.

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8 Best Payroll Software 2024

HR Lineup

Any business requires the best payroll software 2024 to manage its employees’ payroll. The software should be very effective to manage taxes and employee benefits. It should also ensure that employees receive accurate information concerning their wages/salaries or any other deductions. Additionally, an excellent payroll software does digital record keeping, enabling you and your employees to easily access the necessary information on payroll anywhere, with any device.

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#HRandPayroll20: Mastering Leave Orchestration with Special Guest Keith Christensen

3Sixty Insights

On this episode, Pete and Julie welcome HR operations executive Keith Christensen to the show to share his knowledge and tips for navigating and mastering the complex world of leave-of-absence orchestration! Keith shares his experience and lessons learned from his tenure as the former SVP of HR Corporate Services for CVS Health, where he led HR operations and, with his team, transformed a highly complex leave of absence management and orchestration program for the Fortune 10 organization.

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From AI training to college prep: New benefits employees want

Employee Benefit News

Employees are continuing to ask for support for their challenges both in and out of the workplace.

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13 Company Retreat Ideas to Re-energize Your Employees

Vantage Circle

Have you ever noticed a dip in your employees' enthusiasm? Are they slipping into the depths of unproductivity? Well, such a scenario requires your immediate attention. You must attempt to infuse vitality by breaking them free from rigorous routines. This is where the idea of a company retreat comes into the picture. It plays a significant role in rejuvenating your employees.

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10 HR Metrics for 2025: HR Data Toolkit

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!

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10 Best Employee Advocacy Software in 2024

HR Lineup

In the dynamic landscape of digital marketing, businesses are constantly seeking innovative ways to amplify their brand presence and engage with their target audience. One strategy that has gained significant traction in recent years is employee advocacy. Leveraging the influence of employees to promote a brand on social media and other channels has proven to be a potent tool for enhancing brand visibility and credibility.

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Whenever I hear the future of work, I reach for my pistol

Workplace Insight

For years it has been evident that there is no ‘future of work’ There is only a journey with no destination and no single way of not getting to it. That hasn’t stopped people talking about it all endlessly. And each time they have, I’ve reached for my pistol. This used to be primarily about the office. This was always a snark , based on a faulty idea that all things were converging on a single point, the elusive office of the future with its juvenilia, sun-dappled campuses, millennia

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This platform is helping employees send their kids to college

Employee Benefit News

The CEO of Empowerly explains how helping employees navigate their children's college plans is critical to family-building benefits.

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How Small Businesses Can Develop a Financial Wellness Strategy

Best Money Moves

How small businesses can develop a financial wellness strategy. Learn more about how small businesses can embrace financial wellness to increase employee well-being. A comprehensive benefits package is one of the best strategies small businesses can use to retain employees and attract top talent. When salaries are comparable, the decision to take an offer often comes down to the level and quality of an employer’s benefits program.

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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.