Best Money Moves
DECEMBER 9, 2024
As 2024 comes to a close, HR professionals are rethinking benefits strategy going into next year. This past year has been shaped by major financial uncertainty and advancements, influencing the benefits trends going into next year. All of these factors mean that employee needs are changing. Your current benefits need to keep pace. The common theme emerging from this years insights is personalization.
Employee Benefit News
DECEMBER 10, 2024
The CEO of the American Psychological Foundation is making everyone take the week off between Christmas and New Year's Day.
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Employee Benefit News
DECEMBER 9, 2024
Nearly one third of Americans feel anxious when thinking about retirement.
HR Lineup
DECEMBER 9, 2024
Recruitment can be an expensive and time-consuming process, especially for businesses seeking top-tier talent in competitive markets. Traditional recruitment models, often based on a percentage of the new hires salary, can significantly inflate hiring costs. As companies increasingly look for more economical alternatives, flat fee structure recruitment has emerged as a compelling solution.
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?
Flimp Communications
DECEMBER 10, 2024
As year-end draws closer, countless employees unknowingly leave money on the tablemoney theyve set aside for healthcare through their Flexible Spending Accounts (FSAs). For employees, it means paying out of pocket for expenses that could have been purchased with pre-tax dollars. For HR teams, its a missed opportunity to strengthen their benefits communications and reinforce their commitment to employee wellness.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Employee Benefit News
DECEMBER 9, 2024
Justworks surveyed over 2,000 workers about their open enrollment experience, and many of the respondents aren't happy.
HR Lineup
DECEMBER 11, 2024
In the world of recruitment, fee structures are often a key point of concern for both employers and agencies. Whether you’re a hiring manager or a recruiter, understanding the pricing model is crucial for building transparent, trust-based relationships. Among the various fee structures available, the hourly rate fee model is gaining significant traction, especially due to its clarity and flexibility.
Achievers
DECEMBER 13, 2024
Employee onboarding is where first impressions are made, and the foundation for success is built. But its not just about handing over a welcome packet and introducing a few team members. A truly great onboarding experience does much more than simply welcome new hires it gives them the tools, confidence, and sense of belonging they need to truly thrive.
HR Digest
DECEMBER 8, 2024
Need some help breaking down the top HR trends for 2025? Planning out the future focus of HR doesnt have to be difficult when research firms are doing the work necessary to investigate upcoming trends. Leadership and HR trends set the tone for the next evolution of the work culture and the intended directions for shifting practices within any workplace.
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.
Employee Benefit News
DECEMBER 12, 2024
Employers can help workers avoid additional stressors by offering various levels of support and benefits throughout the winter season.
HR Lineup
DECEMBER 13, 2024
The virtual employment model has revolutionized the way organizations approach workforce management, offering flexibility, scalability, and cost-efficiency. With the rise of digital transformation, remote work, and advanced communication tools, virtual employment has become a cornerstone for modern businesses. In this article, well explore the virtual employment model, its components, benefits, challenges, and its impact on the global workforce.
InterWest Insurance Services
DECEMBER 10, 2024
The percentage of employers who are covering new and trendy weight-loss drugs has risen in 2024, continuing a trend of increasing coverage despite the costs, according to a new survey. The study, by Mercer, also found that employers are increasingly offering to cover in vitro fertilization for employees who may be having trouble getting pregnant. And, as costs continue rising on average 5.25% in 2024, employers are taking a number of steps to manage costs.
International Foundation of Employee Benefit Plans
DECEMBER 12, 2024
Many 401(k) plans allow participants to take out loans from their individual 401(k) account. According to Employee Benefits Survey: 2024 Results, 81% of corporate employer plans offered a 401(k) loan provision. While loan options provide flexibility for those hesitant to contribute to […] The post 17 Tips for 401(k) Loan Program Design appeared first on Word on 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.
Employee Benefit News
DECEMBER 12, 2024
A benefits executive with 3 Gen Z kids of her own explains what they, and employers, should be thinking about.
WEX Inc.
DECEMBER 9, 2024
Fraud is on the rise and comes in many forms. As Alessandro Mascellino reports in a May 2024 article for Infosecurity, there has been a 341% rise in malicious phishing links, business email compromise (BEC), QR code and attachment-based threats in the past six months. Over the last several years, fraud has become increasingly difficult to detect. For those of us whove been in the business for a number of years, when we think of phishing, we think of something terribly written and obvious in its
Higginbotham
DECEMBER 9, 2024
Your clients count on your law firm to provide superb service. Unfortunately, mistakes are possible in any industry, and mistakes in the legal field can lead to significant losses and costly lawsuits. Professional liability insurance for attorneys and lawyers can offer protection against lawsuits alleging negligence, errors or oversights. What is professional liability insurance for attorneys and lawyers?
HR Digest
DECEMBER 10, 2024
The Department of Labor was forced to roll back its regulations on the expanded overtime rule and the consequences are already apparent. Ohio State University has canceled the employee raises that it had announced for over 300 workers in November and December. According to The Columbus Dispatch , Ohio State had made salary adjustments that amounted to around $2 million in total after the DOLs minimum wage threshold for overtime payment went up earlier this year in June.
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.
Employee Benefit News
DECEMBER 10, 2024
Having health insurance doesn't necessarily keep people with high or ongoing medical costs out of debt.
WEX Inc.
DECEMBER 12, 2024
HR teams are constantly tasked with balancing operational efficiency, employee satisfaction, and compliance. Artificial intelligence (AI) has emerged as a tool that offers opportunities to streamline processes, personalize employee experiences , and create more effective benefits strategies. Lets explore how AI can improve HR processes, offer best practices for implementation , and well highlight strategies to overcome potential challenges.
PeopleKeep
DECEMBER 11, 2024
The individual coverage health reimbursement arrangement (ICHRA) is a flexible way for employers of all sizes to offer healthcare benefits to their workforce. However, the key to a successful ICHRA that provides enough value to your employees is setting the right budget. Choosing the right ICHRA allowance can be challenging if its your first time. To get you started, we'll walk you through six strategies for determining an ICHRA budget that will support your employees medical needs.
JGA Recruitment
DECEMBER 11, 2024
Fast-paced companies are starting to clue in on a super effective way to attract the best talent and keep them happy. Break free from the outdated compensation approaches. With salaries stagnating, companies are shifting gears to focus on the whole employee package. The Changing Landscape of Workplace Rewards Money matters, but it’s no longer the be-all and end-all of employee motivation.
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
DECEMBER 10, 2024
The use of newer technology allows doctors to screen for breast and heart health simultaneously.
WEX Inc.
DECEMBER 11, 2024
For many, winter is as synonymous for snowflakes as it is for sinus problems. Fortunately, health savings accounts (HSAs) and flexible spending accounts (FSAs) cover many common winter eligible expenses you might turn to this time of year! Weve compiled a few common seasonal issues and eligible expenses that can help. Or check out this episode of Benefits Buzz below to test your skills on whats eligible for HSA and FSA funds.
McDermott Will & Emery Employee Benefits
DECEMBER 12, 2024
With the 2025 plan year right around the corner, this is the ideal time for plan sponsors to ensure that plan operations comply with evolving legislative and regulatory requirements. This client alert highlights important regulatory changes that will impact retirement plans and health and welfare plans in the coming year. Read more here.
PeopleKeep
DECEMBER 11, 2024
Health insurance subsidies make coverage more affordable for Americans who dont have access to employer-sponsored coverage. In 2023, 21.4 million people 1 enrolled in Health Insurance Marketplace plans during Open Enrollment. More than 19.7 million of them received health insurance subsidies, also known as premium tax credits. That's about 92% of Marketplace consumers.
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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