2023

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5 benefits that will rule 2024

Employee Benefit News

The chief well-being officer from EY and chief people officer from Headspace reveal what benefits will be vital to employee productivity and retention.

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EXCLUSIVE: 90% say flexible pay improves their finances

Employee Benefits

EXCLUSIVE: Nine in 10 (90%) employees reported that their financial situation is either stable or improved after switching to a flexible pay cycle, according to research from Wagestream. The financial wellbeing provider’s whitepaper ‘Unlocking the pay cycle’ was authored by its head of impact and inclusion Emily Trant, with advisory input from Resolution Foundation, Money and Pensions Service, Nest Insight, RideTandem and the University of California, Berkeley.

Finance 131
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Social Security Wage Base Increases to $168,600 for 2024

PayrollOrg

On October 12, the Social Security Administration announced that the 2024 social security wage base will be $168,600, which is an increase of $8,400 from $160,200 in 2023.

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How to select benefits technology that is right for a business

Employee Benefits

Need to know Benefits technology can play a vital role in engaging employees and ensuring take up of benefits. Employers should start by working out what they want to end up with, and then work out how to get there. They should remember to ask questions of providers and seek out the opinions of peers. Technology has become a vital part of how we operate, and this is certainly the case in the world of benefits.

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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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4 steps to a great employee experience strategy

Achievers

Employees and job candidates now look far beyond salary when deciding whether to remain at or join an organization. While great compensation and benefits still matter, factors like inspired company culture, and truly engaging work are more important than ever. In short, people are looking for a great employee experience that lasts from the moment they apply for a job until the day they leave the organization.

Health 311

More Trending

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California, New York, Virgin Islands Face FUTA Credit Reduction for 2023

PayrollOrg

According to the U.S. Department of Labor, California, New York, and the U.S. Virgin Islands could not pay back their federal loans by the November 10, 2023, deadline and will lose the full Federal Unemployment Tax Act (FUTA) credit for 2023.

Taxes 223
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10 Strategies For A Creative Company Culture With Examples You Need To Know

Vantage Circle

Creativity is intelligence having fun. - Albert Einstein Behind every successful company lies a secret ingredient: a creative company culture that fosters innovation and empowers its employees to think outside the box. Imagine a workspace that transcends the confines of cubicles. A place where people passionately build the future together because they love what they get to do every day.

Education 103
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Is Long Covid reshaping workplace support for long-term conditions?

Employee Benefits

By Tracey Ward, Head of Business Development & Marketing at Generali UK Employee Benefits Over 2 million people in the UK with self-reported Long Covid have now had symptoms for at least a year. It can present significant challenges in the workplace because, unlike with long-term conditions such as cancer and diabetes, the prevalence rates for Long Covid are greatest in the working age population (35-69 years).

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California Expands Paid Sick Leave in 2024

PayrollOrg

Effective January 1, 2024, employees in California will be entitled to additional paid sick leave.

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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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Useful Information from 2022 Webinars- Part 2

Money Talk

As I noted in a previous post , I periodically summarize notes taken from various webinars that I think might be useful to others. Below are seven information tidbits that caught my eye: Defensive Investing- Financial markets were volatile in 2022 and, for a while, “there was no (good) place to hide.” Stocks and cryptocurrencies experienced big drops in value, bond prices decreased when interest rates rose, and cash assets were eroded by high inflation.

Finance 246
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Let Employees Learn by Breaking Things at Work

HR Bartender

Estimated reading time: 3 minutes My apologies. I know the title might be a bit deceiving. I don’t mean let employees “literally” break things. Let me explain. I was recently facilitating a seminar on talent acquisition, and we got on the topic of artificial intelligence (AI) and ChatGPT. While several participants mentioned that they were being cautious and staying away from sites where AI is concerned – and I totally understand that – one person said that their company was encouraging them to

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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.

IT 144
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85% of adults on the autism spectrum are unemployed — and hiring practices may be to blame

Employee Benefit News

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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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The Outsized Impact of Employee Ownership on Company Culture

TalentCulture - Employee Benefits

There’s nothing like having skin in the game to keep you focused, motivated, and engaged. Just ask any business owner. This logic extends to employees, as well. As an increasing number of companies are discovering, an employee ownership structure is a highly effective way to foster a culture of engagement and accountability. Including employees at […] The post The Outsized Impact of Employee Ownership on Company Culture appeared first on TalentCulture.

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Employee wellbeing: How to keep employees happy and healthy 

Achievers

A healthy workforce is a prerequisite for sustained success in any industry, but the new normal has led to a wide range of challenges to employee wellbeing. The transition from traditional office setups to remote and hybrid work models has further blurred the lines between professional and personal life, made employees more susceptible to burnout, and increased team members’ sense of isolation.

PTO 210
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15 Ways to Improve Your Focus and Concentration Skills

BetterUp

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SAP Blog – SAP SuccessFactors Employee Central Payroll Expands Globally Adding its 50th Country Calc Engine for Greece

3Sixty Insights

SAP SuccessFactors Employee Central Payroll Expands Globally Adding its 50th Country Calc Engine for Greece This year, I’ve dedicated more time to working closely with buyers and vendors from across the HR technology and services marketplace to understand regulatory trends and challenges and learn more about the modern solutions shaping how compliance is managed across the HR spectrum.

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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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8 little-known benefits of employee assistance programs

Insperity

It is often assumed that employee assistance programs (EAPs) are only for people seeking counseling and mental health support. Of course, an EAP provides those services, but that’s not the extent of what an EAP can do – not by far. In fact, that’s just the tip of the iceberg when it comes to EAP benefits. What are EAPs used for? With any EAP, the goal is to lift weight from employees’ shoulders and give them peace of mind so they can focus their attention on work and achieve better work-life bal

Taxes 127
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Tribunal rules stress can be disability without mental health diagnosis

Employee Benefits

An employment tribunal has ruled that stress can be considered disability without a formal mental health diagnosis from a doctor. At a preliminary hearing to discuss a case brought against Aneurin Bevan University Local Health Board, the tribunal panel in Cardiff found that claimant Mrs Phillips could be considered disabled under the Equality Act 2010.

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Employers Must Use New Form I-9 by November 1

PayrollOrg

Starting November 1, employers must use the version of Form I-9, Employment Eligibility Verification, with an edition date of 8-1-23.

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Barbservations from Three Retirement-Focused Webinars

Money Talk

I recently attended three webinars related to retirement planning. One discussed required minimum distribution (RMD) rules, the second, retirement planning in general, and the third, the FIRE ( F inancial I ndependence, R etire E arly) movement. Below are eight key take-aways from these programs: Simple RMD Description - The IRS wants their cut of your retirement savings that they have been waiting to take for decades.

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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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Bookmark This! Workplace Ethics Edition – The HR Bartender Show

HR Bartender

Estimated reading time: 3 minutes In our second season of The HR Bartender Show, we focused on change management. We are constantly being faced with change. Some big, others small. Some impact our professional lives, and others on a personal level. It’s important that we know how to manage change. That’s why I think it’s so applicable to focus season three on workplace ethics.

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2023 HR Trends: A Look Ahead

HR Digest

As the world continues to evolve at a rapid pace, HR trends in 2023 are expected to follow suit. From the incorporation of technology to shifts in company culture, HR professionals and thought leaders are keeping a close eye on what the future holds for the industry. One of the biggest global HR trends for 2023 is the increasing importance of diversity, equity, and inclusion.

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Time to rethink company swag: 40% of corporate gifts end up in landfills

Employee Benefit News

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Grind Culture Isn’t Working. How Can Wellness Win?

TalentCulture - Employee Benefits

The Problem With Grind Culture In recent years, “hustle” and “grind” culture have become equated with drive, ambition, and success. The logic is that if you are not incessantly working, you won’t meet your goals. Grind culture also ties a person’s worth to the product they produce. However, it comes at the expense of individual […] The post Grind Culture Isn’t Working.

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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.