Sat.Dec 23, 2023 - Fri.Dec 29, 2023

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10 retirement concerns that will shape 2024

Employee Benefit News

Issues like Medicare increases and student loan relief will impact employees' ability to plan for their financial future.

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Commuter Benefits: Where Do They Fit in the Future of Work?

TalentCulture - Employee Benefits

The pandemic was a powerful force that profoundly changed the nature of work. When lockdowns eventually lifted and organizations welcomed people back to the office, many employees began seeking greater flexibility to align their work roles and personal responsibilities. Now, employers around the world recognize the need to strike a balance between remote work options […] The post Commuter Benefits: Where Do They Fit in the Future of Work?

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The QSEHRA vs. the HRA: What's the difference?

PeopleKeep

Healthcare costs are rising , making it difficult for small business owners to afford traditional group health plans. Employers are searching for cost-effective ways to provide healthcare benefits to their employees. Health reimbursement arrangements (HRAs) are an excellent solution for affordable coverage.

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6 Office Amenities to Attract Top Talent in 2024

TalentCulture - Employee Benefits

Recruiting top talent isn’t easy — especially in today’s market. Despite recent economic challenges, many employers are still struggling to find strong people for open roles. Modern job seekers are looking for flexibility in all its forms. And that means employers need to raise their game with meaningful office amenities. So, what exactly can your […] The post 6 Office Amenities to Attract Top Talent in 2024 appeared first on TalentCulture.

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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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HR Professionals Need to Enter the Artificial Intelligence Conversation

HR Bartender

Estimated reading time: 4 minutes I learned a new term recently – p(doom). It stands for the “probability of doom” when it comes to artificial intelligence (AI) and a doomsday scenario. P(doom) is a scale that runs from 0 to 100. The higher you score yourself, the more convinced you are that AI is going to wipe out civilization. I first read about p(doom) in The New York Times newsletter DealBook where it reported that sharing your p(doom) score is becoming more mainstream and some people are ev

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Changes to California SDI Coming January 1

PayrollOrg

Effective January 1, 2024, there is no California state disability insurance (SDI) taxable wage base limit, which means there is no cap on the amount of employee contributions for SDI.

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Grumpy Staying: Meaning, Signs, Causes & How to Address It

HR Lineup

In the dynamic and fast-paced world of work, emotions play a crucial role in shaping individual and collective experiences. While positive emotions often contribute to a healthy work environment, the presence of negativity, especially in the form of grumpiness, can have far-reaching consequences. In this comprehensive exploration, we will delve into the meaning of grumpy staying in the work environment, identify signs of its presence, analyze potential causes, and discuss effective strategies fo

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2023 Personal Finance Events and Trends

Money Talk

On December 12, I presented the ninth annual (2023) Personal Finance Year in Review webinar for OneOp , an online professional development resource for military family service providers. Below is a summary of ten key events and trends from the past year that were discussed: Inflation Rate- The year-to-year inflation measure, the consumer price index (CPI), was 6.4% in January 2023 and 3.2% in November.

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5 ways AI will help you land your dream job in 2024

Employee Benefit News

Our top tech stories of 2023 signal that AI will empower employees and job seekers in the new year.

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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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Google to Fire 30,000 Employees After Success of Its AI-Powered Services

HR Digest

Google is setting up to fire employees all over again, despite the 12,000 workers who were laid off this year already. The reason? According to LiveMint , a report first published in The Information indicates that Google’s AI-powered ads have grown so self-sufficient that they no longer require as many individuals to oversee its functioning, making Google lay off employees who no longer have a necessary role at the company.

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Gen-AI in HR: Boosting Employee Engagement and Productivity

HR Lineup

In the fast-paced world of today, where technological advancements continue to reshape the way businesses operate, Human Resources (HR) departments are not immune to the transformative power of Artificial Intelligence (AI). The integration of AI in HR, often referred to as Gen-AI (Generation Artificial Intelligence), is proving to be a game-changer, particularly when it comes to enhancing employee engagement and productivity.

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12 must-read HR books for business leaders and HR professionals

Business Management Daily

No matter how long you’ve been working in the HR industry, there’s always something new to learn — from classic HR strategies you haven’t heard of to brand-new labor laws and workforce trends. If you want to achieve thought leader status in human resource management, then continuing your education is a must, and there’s no better way than reading the best HR books — both old and new.

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Complete these 5 must-do work tasks before 2024

Employee Benefit News

Financial and personal information deserve an update so employees can start the new year off strong.

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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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Top 8 Reasons Why 2023 Was a Year of New Territory

Darwinbox

2023 was a year of New Territory, defined by technological advancements and cultural phenomena, all over the world, and at Darwinbox as well. Let’s look at the top 8 reasons that made 2023 a Year of New Territory. with a bonus at the end! Everywhere we look in 2023, we see ourselves in new territory. The world is changing fast! So many times this year we’ve traipsed into terra incognita, propelled by groundbreaking achievements, technological advancements, and cultural phenomena.

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10 Best EPM (Enterprise Performance Management) Software of 2024

HR Lineup

Enterprise Performance Management (EPM) has become an integral part of modern business strategy, enabling organizations to plan, monitor, and optimize their performance. In 2024, the market is flooded with advanced EPM software solutions that offer a range of features to streamline financial processes, enhance decision-making, and drive overall business success.

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Apple Watch Sales Halt: What’s Behind It?

Wellable

Apple has halted sales of some Apple Watch models in the US due to a patent dispute with Masimo. Explore what’s behind this legal battle. The post Apple Watch Sales Halt: What’s Behind It? appeared first on Wellable.

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Stipends, PTO and manager support will help caregivers thrive in 2024

Employee Benefit News

From flexibility to expert advice, employers have a better shot of retaining talent when they offer support to employees caring for loved ones.

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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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Pharmacy Benefit Manager Reform: What’s on the Horizon? (December 2023 Update)

McDermott Will & Emery Employee Benefits

The price of prescription drugs has brought scrutiny to the entire drug supply chain. Congress and other policymakers continue to seek opportunities to lower costs for patients and the federal government. Pharmacy benefit managers (PBMs) are a key stakeholder in the drug supply chain, functioning as intermediaries between insurance providers and pharmaceutical manufacturers.

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10 Best HR Consulting Services In 2024

HR Lineup

In the ever-evolving landscape of business, the role of Human Resources (HR) has become increasingly crucial. As organizations strive to adapt to the dynamic changes in the global market, HR consulting services play a pivotal role in shaping the workforce, fostering a positive workplace culture, and ensuring compliance with evolving regulations. In 2024, the demand for strategic HR consulting is at its peak, and companies are seeking innovative solutions to address their human capital challenges

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The Best and Effective Software to Manage Projects

Qandle

In the fast-paced realm of project management, efficiency and organization are paramount. With the ever-evolving landscape of technology, project managers now have access to a plethora of sophisticated software tools designed to streamline processes, enhance collaboration, and ensure successful project delivery. In this blog post, we will delve into some of the most innovative project management software solutions that are reshaping the way teams work together.

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Holistic review of medication therapy management unlocks results

Employee Benefit News

When pharmacists can collaborate with a patient's care team, health outcomes will improve while money and lives are saved.

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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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Parsing MHPAEA Claims Under the Proposed Rule: E.W. v. Health Net Life Insurance Company

McDermott Will & Emery Employee Benefits

In a series of recent posts, we have examined a sampling of comments submitted in response to proposed regulations under the Mental Health Parity and Addiction Equity Act (MHPAEA). The proposed regulations were issued earlier this year by the US Departments of Labor, Health and Human Services and the Treasury (the Departments). Our previous MHPAEA content is […] The post Parsing MHPAEA Claims Under the Proposed Rule: E.W. v.

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New Employment Laws in 2023: A Guide for Employers and Employees

HR Digest

Many new employment laws in 2023 have been introduced to reshape the regulations that oversee the safety of US citizens, and companies that want to avoid any complications in the future should ensure they update their regulations and policies to match them as well. The US employment regulations this year have not introduced too many major changes that necessitate significant restructuring but the rules are impactful nonetheless.

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How to report employer-sponsored health benefits on Form W-2

PeopleKeep

Offering health benefits as part of your compensation package is an excellent way to attract and retain employees. Employers that offer health benefits need to fully understand their income tax reporting obligations to avoid penalties from the IRS. Some health benefits operate on a pre-tax basis, while others operate on a post-tax basis. How you report them on your employees’ W-2 forms will differ depending on the type of benefit you offer.

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75% of employees feel guilty over taking time off

Employee Benefit News

Employees stress about adding additional work to a colleague's plate while taking PTO.

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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.