Employee Benefit News
FEBRUARY 5, 2024
Employers that contribute to HSAs must monitor contributions, satisfy comparability rules, determine which financial organizations to work with and meet reporting requirements.
Patriot Software
FEBRUARY 8, 2024
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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HR Professionals Magazine
FEBRUARY 3, 2024
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.
McDermott Will & Emery Employee Benefits
FEBRUARY 6, 2024
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.
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
FEBRUARY 7, 2024
Concerns around student loans, the cost of living and retirement are impacting employees' financial and emotional well-being.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
HR Bartender
FEBRUARY 6, 2024
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.
Employee Benefits
FEBRUARY 6, 2024
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.
Employee Benefit News
FEBRUARY 8, 2024
WTW found that 84% of employers plan to change their leave policies in an effort to attract and retain their best talent.
Workplace Insight
FEBRUARY 8, 2024
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
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.
3Sixty Insights
FEBRUARY 6, 2024
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.
Employee Benefits
FEBRUARY 5, 2024
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.
Employee Benefit News
FEBRUARY 5, 2024
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?
Workplace Insight
FEBRUARY 7, 2024
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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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.
Best Money Moves
FEBRUARY 7, 2024
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.
Wellable
FEBRUARY 7, 2024
Late 2023 saw a 69% drop in high-paying partially remote roles. Is flexibility the new cost of earning big? The post Study: 69% Drop In High-Paying Remote Jobs appeared first on Wellable.
Employee Benefit News
FEBRUARY 6, 2024
Businesses benefit when they prove themselves to be a pet-friendly workplace.
McDermott Will & Emery Employee Benefits
FEBRUARY 5, 2024
What does December 31, 2024, mean to you? New Year’s Eve? Post-2024 election? Too far away to know? Our answer: December 31, 2024, is when we will go over a “telehealth cliff” if Congress fails to act before that date, directly impacting care and access for Medicare beneficiaries. What is this telehealth cliff? Read more […] The post 2024: The Year of the Telehealth Cliff appeared first on EMPLOYEE BENEFITS BLOG.
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.
Business Management Daily
FEBRUARY 5, 2024
Following the retirement of a colleague, Angela thoroughly expected the company to name her as the new executive secretary to the organization’s vice president. Instead, the position went to Denise, a fellow administrative assistant with slightly less time at the company. To say Angela was upset is an understatement. Though lacking any proof, Angela convinced herself that Denise got the position by sucking up to certain influential leaders.
Wellable
FEBRUARY 6, 2024
Wellable has been recognized in G2’s 2024 Best Software Awards, securing the 68th spot on the Fastest Growing Products list! The post Fastest Growing Software In 2024: Wellable Recognized As A Top 100 Product appeared first on Wellable.
Employee Benefit News
FEBRUARY 9, 2024
Employees are continuing to ask for support for their challenges both in and out of the workplace.
McDermott Will & Emery Employee Benefits
FEBRUARY 8, 2024
Under the SECURE Act and the SECURE 2.0 Act, employers must provide long-term, part-time employees – i.e., employees who complete at least 500 hours of service in three consecutive years (reduced to two years in 2025) and are at least 21 years old – the opportunity to make elective deferrals under their 401(k) plans and, […] The post When It Comes to Vesting, IRS Says Once a Long-Term, Part-Time Employee, Always a Long-Term, Part-Time Employee appeared first on EMPLOYEE BENEFITS BLOG.
Advertiser: Paycor
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.
PayrollOrg
FEBRUARY 8, 2024
PAYO wrote to the Consumer Financial Protection Bureau (CFPB) about its concerns for the process under consideration of the Truth in Lending Act.
Wellable
FEBRUARY 5, 2024
One-third of companies offer wellness chatbots as part of their benefits packages. Weigh their pros and cons for a balanced approach to employee mental health. The post How AI Wellness Chatbots Can Bridge The Mental Healthcare Accessibility Gap appeared first on Wellable.
Employee Benefit News
FEBRUARY 8, 2024
The CEO of Empowerly explains how helping employees navigate their children's college plans is critical to family-building benefits.
McDermott Will & Emery Employee Benefits
FEBRUARY 7, 2024
Multiple states – including Mississippi, New Jersey and Virginia – have been busy finalizing legislation and rulemaking to adopt interstate compacts and expand behavioral health access. What else have these states been up to in recent weeks? Read more here. The post States Adopt Interstate Compacts, Expand Behavioral Health Access appeared first on EMPLOYEE BENEFITS BLOG.
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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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