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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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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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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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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5 ways to be a better manager in 2024

Employee Benefit News

Leading by example and encouraging authentic connections with employees can set good managers apart.

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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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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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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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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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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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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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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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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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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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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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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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What Is Imposter Syndrome at work? How to identify and combat it

Business Management Daily

Work is a part of life. Like our hunter-gatherer ancestors, survival today depends on going out and getting food if we want to eat. Survival these days doesn’t depend as much on running fast and dragging game back home (unless you count bringing in all the groceries in one trip), but it still requires effort. Communities are where cooperation and specialization allow each person to do their own thing and share their skills for everyone’s benefit.

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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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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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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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Remote Monitoring and Digital Therapies: CMS Updates Coverage and Payment Policies

McDermott Will & Emery Employee Benefits

In recent years, the Centers for Medicare & Medicaid Services (CMS) has expanded payment for remote monitoring services in an effort to pay for non-face-to-face services that improve care coordination for Medicare beneficiaries. On November 2, 2023, CMS released the calendar year 2024 final rule for services reimbursed under the Medicare Physician Fee Schedule.

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Putative ESOP Class Action Dismissed for Failure to Exhaust Administrative Remedies

Proskauer's Employee Benefits & Executive Compensa

The decision in Bolton v. Inland Fresh Seafood Corp. of America Inc. , No. 22-cv-4602 (N.D. Ga. Dec. 5, 2023)should serve as a reminder to all ERISA practitioners that, if litigating in courts of the Eleventh Circuit, participants must exhaust a plan’s claims procedures before commencing a lawsuit—regardless of the type of ERISA claim asserted. In this case, several former employees and participants in Inland Fresh Seafood Corporation of America, Inc.’s Employee Stock Ownership Plan (“ESOP”) sue

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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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Family Coverage Costs Hit Small-Business Workers Hardest: Study

InterWest Insurance Services

A new study has found that most employer-sponsored family health plans are increasingly unaffordable for workers due to rising costs and them footing a significant part of the premium, even with employer assistance. Workers at smaller firms, defined as those with fewer than 200 employees, are especially affected as they typically have to pay a larger share of the family coverage premium than their large-employer counterparts (38% vs. 25%), according to the 2023 Kaiser Family Foundation “Em

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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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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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ERC Voluntary Disclosure Program Gives Businesses a Discount on Questionable Claims

Patriot Software

Aggressive promotion, scams, and ERC mills—that’s the drama surrounding the employee retention credit (ERC). The ERC was a lifeline for small businesses struggling to stay open during the pandemic. But bad actors quickly pounced on the opportunity.

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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.