Sat.Nov 02, 2024 - Fri.Nov 08, 2024

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Five Staff Benefits For Spenders

Enjoy Benefits

The cosy season is here. It’s time for bonfires and blankets, Sunday roasts and snuggling in front of the TV. But autumn can also be an expensive time with preparations for Christmas gifts and festivities. On this blog, we often talk about saving money, and all the great ways that staff benefits can help employees reduce their outgoings on things that matter.

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Holistic Wellness: 4 Benefits for a Better Plan

Best Money Moves

Holistic Wellness: 4 Benefits for a Better Plan. Holistic wellness offers a comprehensive approach to supporting employees’ well-being. Explore the benefits and strategies that can enhance your team’s wellness. The concept of holistic wellness is gaining traction in today’s workforce as companies recognize the value of supporting employees across multiple dimensions of health and well-being.

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Switching Sides—Gen Z Shows Interest in Taking up Skilled Trades

HR Digest

Leave it to the Gen Zers to pull another surprise out of their bags. According to recent reports, Gen Z is showing interest in skilled trades careers, shifting away from the current emphasis on corporate work. Globally, blue-collar jobs and skilled trades are treated as the inferior option to building a career in engineering or HR, and this attitude has significantly reduced the number of individuals interested in working a hands-on job.

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Total Compensation Report Sample: A Guide for HR Professionals

COMPackage

In today’s talent-driven market, attracting and retaining top performers requires a holistic approach to compensation. Beyond just base salary, employees value a comprehensive benefits package that contributes to their overall well-being. Total Compensation Reports (TCRs) offer a valuable tool for HR professionals to effectively communicate this value proposition.

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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.

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Three Staff Benefits For Savers

Enjoy Benefits

People come in all shapes and sizes, and luckily, so do staff benefits. There’s no point offering benefits that significant members of your team aren’t interested in. So, if you have people who work for you who are natural savers, what are the kinds of benefits that they will value most? Let’s look at the best benefits for saving money. Childcare vouchers Hands down the benefit that lets people save the most money is the Workplace Nursery Benefit Scheme.

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Holiday Incentive Pay Must Be Included in Colorado Overtime Calculations

PayrollOrg

The Colorado Supreme Court ruled that holiday incentive pay must be included in the calculation of the regular rate of pay.

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The QSEHRA and HIPAA Privacy Requirements

PeopleKeep

Small employers are increasingly seeking innovative ways to provide their employees with health benefits amid rising health insurance costs. The qualified small employer health reimbursement arrangement (QSEHRA) is a popular solution. These employer-funded plans allow companies to reimburse employees for qualified medical expenses. They provide valuable flexibility and budget control.

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Your Election Watchlist for Benefits 

International Foundation of Employee Benefit Plans

This election day, you might be heading to the polls or have voted already (I’m looking forward to getting fewer random texts and mailers, that’s for sure!). Regardless of the outcome, the next administration will likely impact many areas, including employee benefits. Here’s […] The post Your Election Watchlist for Benefits appeared first on Word on Benefits.

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What does it take to build better employee wellness programs?

Employee Benefit News

As new generations of talent continue to introduce new ideas for what benefit packages should include, executives are looking to outside experts and internal staff feedback for where to improve.

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Where You Can and Absolutely Cannot Cut Costs Corners in Benefits Administration

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.

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Employee wellness programs: Boosting productivity and retention

Business Management Daily

Keeping employees happy and healthy is essential to maintaining peak productivity and a positive work environment. You already have initiatives and benefits to support employees. These include health coverage and vacation time. They are designed to help employees prioritize their well-being, including physical and mental well-being. However, promoting employee well-being continues after paid time off and health benefits.

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Life Planning: The Ultimate Guide (and template) to Transform Your Life

BetterUp

Discover how life planning can help you reach your goals. Learn what a life plan is and how to create a successful one with our life planning template.

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Health Insurance Options for Vision Clinic Employees

PeopleKeep

The Vision Council 1 found that nearly 64% of adult Americans wear prescription eyeglasses. That's 166.5 million people who rely on vision clinics for their comprehensive eye health. From vision examinations to contact lenses, employees at these clinics provide services that help people see the world clearly. A caring staff member makes a big difference.

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Putting a payroll strategy in place

Employee Benefit News

The right setup for compensation should be a top priority for employers, says an expert from ADP.

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HR’s Blueprint for a Successful 2025

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.

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Simplify Leave Compliance 

HR Professionals Magazine

The post Simplify Leave Compliance appeared first on HRProfessionalsMagazine.

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University staff love to connect on campus, but also value time working from home

Workplace Insight

A new report from Hassell, the 2024 Education Futures Survey , explores how hybrid working is reshaping the needs and expectations of Australian university staff. Based on responses from 300 university employees and a benchmark group of 500 office workers, the survey reveals distinct trends in campus work culture and the growing preference for in-person interactions among academic staff, coupled with a desire to continue working from home when needed.

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Beyond just rules: The strategic power of HR compliance

Insperity

For many companies, HR-related compliance is often viewed as a necessary but limiting function – a series of boxes to check, policies to follow and regulations to meet. But this perspective can lead businesses to miss out on the full potential of compliance as a strategic asset. The shift from sign-off to strategy By expanding your view of compliance beyond simply meeting legal obligations, it can be seen as a core pillar that supports broader business goals and contributes to a resilient, high-

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InStride study finds older employees want continuing education

Employee Benefit News

An employee-centric approach must include opportunities for career growth and development for workers of all ages, says InStride's chief strategy and solutions officer.

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7 HR Priorities for 2025 to Supercharge Your Employee Experience

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.

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2024 SHRM Employee Benefits Survey 

HR Professionals Magazine

The post 2024 SHRM Employee Benefits Survey appeared first on HRProfessionalsMagazine.

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Leave Protections Expanded for Employee Victims of Violence

InterWest Insurance Services

Gov. Gavin Newsom has signed into law a bill that provides a right to paid time off and other protections for employees who are victims of violence, including threats, assaults, stalking and domestic abuse. AB 2499 makes significant changes to California’s “jury, court and victim time off” law by expanding instances when a victim of a “qualifying act of violence” can take time off, and provides protections against retaliation for taking that paid time off.

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Looking Ahead, the IRS Raises 401(k) Contribution Limit to $23,500 for 2025

HR Digest

The Internal Revenue Service is making some changes to how much you can contribute to your 401(k) plans. As per the IRS, 401(k) limits for 2025 have been increased to an annual amount of $23,500, up from $23,000. This increase in the 401(k) cap brings up the annual individual contribution limit by $500 and equals the change we saw going from 2023 into 2024.

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How to navigate rising health costs and enhance employee value

Employee Benefit News

Key strategies include adopting a proactive and informed approach, leveraging technology, and focusing on cost management and employee satisfaction.

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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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5 Trends Driving Financial Wellness in the Workplace

Flimp Communications

As of fall 2024, there are a few signs the country is slowly but surely emerging from a harrowing economic ordeal. Inflation has slowed somewhat, unemployment remains low, and indicators like GDP (gross domestic product) show surprising growth. But these are macro trends. What keeps your company’s employees awake late into the night and dominates their thoughts throughout the workday isn’t the state of the nation’s economy but their retirement savings, children’s college funds, credit card debt,

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Study: More Than Half of Workers Regret Open Enrollment Decisions

InterWest Insurance Services

More than half of employees regret the coverage decisions they make during open enrollment, according to a new study. Part of the problem may be that the average employee spends only 30 to 60 minutes selecting their benefits during open enrollment, which typically lasts about two weeks in most workplaces, according to the study by financial service firm Equitable.

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Why You Need a Total Compensation Report: Unveiling the Hidden Value for Employees – Includes a Free Sample

COMPackage

In today’s talent-driven market, attracting and retaining top performers requires a holistic approach to compensation. Employees increasingly seek a clear understanding of the complete value proposition their employer offers, going beyond just base salary. Total Compensation Reports (TCRs) address this need by providing a transparent breakdown of all compensation elements, empowering employees and fostering a win-win situation for both parties.

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Hybrid workforce model serves as antidote to nursing burnout

Employee Benefit News

Paving the way for virtual care arrangements strengthens care quality while easing pressure on frontline nurses, making good business sense for healthcare systems.

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7 Common ACA Compliance Pitfalls and How to Avoid Them

Managing ACA compliance is a major headache, especially in industries with complex schedules and regulations. Errors can lead to fines, legal battles, and strained employee relationships. Ways to Avoid Penalties & Fines: Non-compliance with Hours of Service (HOS) or misclassifying employees can lead to fines and legal issues. We offer tools to avoid these penalties and ensure regulatory alignment.