Enjoy Benefits
NOVEMBER 3, 2024
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.
Best Money Moves
NOVEMBER 6, 2024
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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HR Digest
NOVEMBER 2, 2024
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.
COMPackage
NOVEMBER 2, 2024
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.
Advertiser: Paycor
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?
Enjoy Benefits
NOVEMBER 3, 2024
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.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
International Foundation of Employee Benefit Plans
NOVEMBER 5, 2024
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.
PayrollOrg
NOVEMBER 8, 2024
The Colorado Supreme Court ruled that holiday incentive pay must be included in the calculation of the regular rate of pay.
PeopleKeep
NOVEMBER 5, 2024
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.
Employee Benefit News
NOVEMBER 6, 2024
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.
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.
Insperity
NOVEMBER 7, 2024
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-
3Sixty Insights
NOVEMBER 5, 2024
What You Need to Know Varying standards have been established as the world of software solutions develops, particularly for businesses that provide software as a service (SaaS). Some are certification-based and governed by independent organizations, while others originated from state or federal laws. 3Sixty Insights explores one company’s search for benefits administration software that would meet its IT team’s information security requirements.
PeopleKeep
NOVEMBER 6, 2024
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.
Employee Benefit News
NOVEMBER 8, 2024
The CEO of Nava Benefits shares how their AI assistant is helping members comprehend and access their benefits.
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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.
HR Digest
NOVEMBER 7, 2024
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.
Flimp Communications
NOVEMBER 8, 2024
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,
COMPackage
NOVEMBER 5, 2024
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.
Employee Benefit News
NOVEMBER 6, 2024
Key strategies include adopting a proactive and informed approach, leveraging technology, and focusing on cost management and employee satisfaction.
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.
CorpStrat
NOVEMBER 5, 2024
As a small business, you’re likely familiar with the challenges of meeting health insurance contribution and participation requirements. Fortunately, there’s a crucial solution available annually—the Special Open Enrollment (SOE) Window. This period, mandated by the Affordable Care Act (ACA), allows Small Group employers to offer medical coverage to employees without needing to meet the usual contribution or participation thresholds.
WEX Inc.
NOVEMBER 6, 2024
Welcome to our open enrollment resources round-up, your one-stop destination for all the essential information and tools you need to navigate the open enrollment process with confidence. Our expansive list of resources will help alleviate stress from your HR team and streamline the open enrollment experience for your employees, ensuring they can make informed decisions about their benefits.
COMPackage
NOVEMBER 3, 2024
In today’s competitive talent landscape, compensation goes beyond a simple paycheck. Employees increasingly value a comprehensive benefits package that contributes to their financial well-being and overall work experience. Total Compensation Report Statements (TCRS) play a crucial role in effectively communicating this value proposition. This article explores the benefits of TCRSs, highlights key considerations for crafting meaningful reports, and offers a sample statement for your referen
Employee Benefit News
NOVEMBER 4, 2024
An HR consulting expert shares why and how this resource should be viewed as an outward representation of a company's culture.
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!
PeopleKeep
NOVEMBER 6, 2024
Small business owners know that top-quality employee benefits are the secret to attracting and retaining workers. Health coverage is often the most sought-after employee benefit. In fact, in our recent survey , 92% of employees rated health benefits as important. But comprehensive health benefits come at a cost. And small businesses don’t have the negotiating power with insurers that larger companies do.
McDermott Will & Emery Employee Benefits
NOVEMBER 5, 2024
The Internal Revenue Service (IRS) has announced the cost-of-living adjustments to the applicable dollar limits for various employer-sponsored retirement and welfare plans for 2025. Most of the dollar limits that are subject to adjustment for cost-of-living increases will increase for 2025. The Social Security Administration released separate adjustment amounts.
COMPackage
NOVEMBER 4, 2024
In today’s talent-driven market, attracting and retaining top performers requires a holistic approach to compensation. Employees increasingly seek transparency and value beyond just base salary. Total Compensation Report (TCR) templates offer a solution, providing a clear and concise framework for communicating the full value proposition an employer offers.
Employee Benefit News
NOVEMBER 7, 2024
The future of work is human, so finding ways to connect is crucial, says this benefits expert.
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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