HR Lineup

JUNE 20, 2023

Provide an overview of available resources, such as employee handbooks, intranet portals, and HR systems. Benefits and Compensation: Explain the employee benefits package, including health insurance, retirement plans, paid time off, and any other perks. What is Onboarding?

Employment 246

Employment Health Retirement Plan Health Insurance 246

Employee Benefits

APRIL 10, 2023

Ayres also explained some of the nuances of pensions, such as tax allowances and how much people should be aiming to have in their pot for retirement. “By opening the door to financial learning, we hope to give our employees some of the basics that they might otherwise be left to teach themselves.”

Retirement Plan 52

Retirement Plan Pension Taxes Education 52

Insperity

OCTOBER 10, 2023

At its most basic level, the law encourages people to not only save money for retirement , but to save more and also become financially stable in the present. To do this, the law makes broad changes to the foundation of retirement preparation in the U.S.: employer-sponsored 401(k) plans. The SECURE 2.0

401(k) 113

401(k) Retirement Plan Taxes Benefits Package 113

HR Lineup

JANUARY 24, 2024

Proof of Investment (POI) submission is a crucial aspect of managing employee benefits and financial transactions within an organization. Employers often require their employees to submit POI for a variety of reasons, including compliance with regulatory requirements, facilitating tax reporting, and managing employee benefit programs.

401(k) 130

401(k) Retirement Plan Taxes Education 130

Hppy

NOVEMBER 26, 2024

Depending on the specific state regulations, standard health insurance plans may include options such as HMOs (Health Maintenance Organizations) or PPOs (Preferred Provider Organizations), each of them offering different levels of coverage and cost-sharing arrangements.

Benefits Package 36

Benefits Package 401(k) PTO Health Insurance 36

HR Digest

JUNE 22, 2022

Furthermore, another study by the HRC Foundation revealed that nearly 20% of LGBTQ workers are employed in the service industry, mainly food and retail, where pay is low and employers are less likely to provide health benefits. Equal pay issues are further compounded by such factors that directly impact health and retirement planning.

Food 52

Food Retirement Plan Retail Education 52

Benefit Resource Inc.

JUNE 14, 2024

As the work landscape surrounding employee benefits continues to evolve, it’s essential to stay ahead of the curve. Traditional perks like health and retirement plans are no longer as sufficient on their own in attracting and retaining top talent. and Inspira Financial Trust LLC.

Employee Benefits 52

Employee Benefits Retirement Plan Benefits Package Taxes 52

McDermott Will & Emery Employee Benefits

JULY 6, 2022

On May 6, 2022, McDermott Partner Chris Nemeth delivered a presentation during the 2022 TEA National Conference titled “ESOP Litigation: Latest Trends and Open Questions.” His presentation focused on recent significant employee stock ownership plan (ESOP) court decisions and emerging litigation trends in the ESOP industry.

Employee Benefits 98

Employee Benefits Retirement Plan 98

Fringe Benefit Analysts

MAY 8, 2022

As many employers and businesses are aware, employee benefits packages are very important considerations for candidates when they are being scouted by recruiters. They will also navigate employers and employees through the layered and complicated task of implementing such plans to reduce complications or errors.

Consulting 52

Consulting Employee Benefits Benefits Package Health Insurance 52

Best Money Moves

AUGUST 26, 2020

Retirement savings were identified as a source of financial relief in the thick of the coronavirus pandemic when the CARES Act expanded distribution options and favorable tax treatment for up to $100,000 of coronavirus-related distributions from eligible retirement plans. COVID-19 Retirement Impact: Retirement Outlook.

Retirement Plan 101

Retirement Plan Utilities Health Insurance Taxes 101

HR Digest

FEBRUARY 13, 2022

There are many benefits of outsourcing , and we present them in this article. There are options for outsourcing employee benefits administration , payroll processing , talent acquisition , and many more. . Employee benefits administration. What is HR outsourcing? Some of the most popular are listed below. .

Payroll 98

Payroll Taxes Retirement Plan Health Insurance 98

McDermott Will & Emery Employee Benefits

JUNE 23, 2022

On May 5, 2022, McDermott Partner Allison Wilkerson delivered a presentation during the 2022 TEA National Conference titled “Mature ESOPs: Remodeling the House You Own.” Her presentation focused on the traits of a sustainable employee stock ownership plan (ESOP), common concerns of a mature ESOP and other ESOP-specific investment issues.

Employee Benefits 95

Employee Benefits Retirement Plan 95

McDermott Will & Emery Employee Benefits

MAY 24, 2022

Earlier this spring, McDermott Partner Erin Turley delivered a presentation about the impacts of recent Employee Retirement Income Security Act of 1974 (ERISA) litigation. appeared first on EMPLOYEE BENEFITS BLOG. The post ERISA Litigation: What Have We Learned?

Employee Benefits 98

Employee Benefits 401(k) Executive Compensation Retirement Plan 98

McDermott Will & Emery Employee Benefits

JUNE 9, 2022

On May 5, 2022, McDermott Partner Erin Turley delivered a presentation during the 2022 TEA National Conference titled “Understanding a Trustee’s Role in Management Incentive Plans.” The post Understanding a Trustee’s Role in Management Incentive Plans appeared first on EMPLOYEE BENEFITS BLOG.

Management 97

Management Employee Benefits Executive Compensation Retirement Plan 97

Vantage Circle

AUGUST 23, 2018

Not to forget that many employees apply for organizations depending on the perks and benefits offered by that company. Business Dictionary defines Employee Benefits as the. Indirect and non-cash compensation paid to an employee. These are benefits given over and above salaries and wages. Retirement Plans.

Employee Benefits 63

Employee Benefits Parental Leave Paid Sick Leave Benefits Package 63

HR Digest

FEBRUARY 20, 2020

Retirement plans for a person are valuable benefits that impact both the present as well as future lives of the employees. However, offering retirement benefits to an employee can be a complicated process. Retirement Benefits: Pros and Cons . Conclusion.

Pension 87

Pension Retirement Plan Taxes Pension Benefit 87

McDermott Will & Emery Employee Benefits

JANUARY 12, 2022

In this presentation, McDermott Partner J. The post Internal Trustee Fiduciary Liability appeared first on EMPLOYEE BENEFITS BLOG. What are some of the most common liability areas for trustees? And how can trustees prevent common liability pitfalls? Access the slides.

Employee Benefits 98

Employee Benefits Retirement Plan Insurance 98

Vantage Circle

JUNE 24, 2019

An employee benefits program is important and costly at the same time. But such programs are one of the important channels towards employee engagement in your organization. The benefits you offer will make or break your employee's decision to work for you. STEPS TO BUILD YOUR EMPLOYEE BENEFITS PROGRAM: 1.

Employee Benefits 45

Employee Benefits Benefits Package Paid Vacation Disability Insurance 45

Best Money Moves

MAY 27, 2020

Coronavirus: early retirement withdrawals and savings by generation. New research examines how the COVID-19 pandemic has impacted retirement planning. New research shows COVID-19 has also had a significant impact on long-term financial planning. . . How to Help Employees Save More for Retirement.

Health and Welfare 69

Health and Welfare Retirement Plan Insurance Employment 69

Proskauer's Employee Benefits & Executive Compensa

NOVEMBER 30, 2023

Background Participants in two Cornell University retirement plans sued the University, its retirement plan committee, and others, alleging that they breached their fiduciary duties of loyalty and prudence under ERISA section 404(a)(1)(A) and (B).

Retirement Plan 105

Retirement Plan IT 105

Insperity

AUGUST 25, 2020

When you help your employees engage in community service , they share a positive first impression of your brand with the general public and gain the sense that you recognize them for more than just what they contribute to your company. Competitive benefits. Also, make sure your employee benefits package isn’t kept secret.

Employment 99

Employment PTO Flexible Spending Account Health Savings Account 99

Vantage Circle

JULY 5, 2019

The idea of providing financial wellness benefits has always been a prime matter of concern for employers. Employees are worried about their money and roughly half are stressed about their finances and have said that their retirement plans will not be enough to support them after retirement.

401(k) 90

401(k) Retirement Plan Finance Education 90

Proskauer's Employee Benefits & Executive Compensa

MARCH 14, 2022

Department of Labor Employee Benefits Security Administration (“DOL”), cryptocurrency might carry similar dangers for otherwise strong and healthy 401(k) plan accounts. Kryptonite is a fictional substance that causes the mighty Superman to lose all his strength. According to a recent release from the U.S.

401(k) 97

401(k) IT Retirement Plan Government 97

Snell & Wilmer Benefits

AUGUST 28, 2023

On August 25, 2023, the IRS issued Notice 2023-62 , which gives retirement plan sponsors a two-year administrative transition period to implement the SECURE 2.0 requirement that certain catch-up contributions to 401(k) and similar defined contribution plans be made on an after-tax Roth basis. More specifically, SECURE 2.0

401(k) 52

401(k) Retirement Plan Taxes Employee Benefits 52

Employee Benefits

JUNE 3, 2024

This shift underscores the dynamic nature of retirement planning, where economic conditions and member preferences drive the evolution of available choices.” Effective communication Employers can use a range of tools to help inform those nearing retirement of their options. “The

Education 69

Education Pension Retirement Plan Government 69

Benefit Resource Inc.

APRIL 4, 2024

As an employer or HR manager, you’re constantly seeking ways to enhance your employee benefits package, ensuring it not only attracts top talent but also supports their financial well-being throughout their careers and into retirement. One often-overlooked gem in the world of benefits is the Health Savings Account (HSA).

401(k) 52

401(k) Retirement Plan Benefits Package Deductible 52

Flimp Communications

JULY 24, 2020

But thanks to new technology and products building on video communications, employees are getting more information about their benefit options faster. It’s allowing them to make smart and relatively painless decisions about their healthcare coverage and other benefits like retirement plans.

Benefits Package 75

Benefits Package Retirement Plan Healthcare Employee Enrollments 75

Proskauer's Employee Benefits & Executive Compensa

JULY 6, 2022

In April, we wrote here about the discouraging trend of opinions allowing commonly asserted breach of fiduciary duty claims in 401(k) and 403(b) plan investment litigation to survive motions to dismiss.

401(k) 98

401(k) Retirement Plan Management IT 98

Business Management Daily

SEPTEMBER 15, 2021

Offering an attractive employee benefits package helps lure top talent and encourages the retention of your best team members. Presenting a good employee benefits package often gives one employer an edge over another, especially in cases where basic salaries are relatively equal.

Benefits Package 52

Benefits Package Family and Medical Leave Act Health Insurance PTO 52

Employee Benefits

FEBRUARY 8, 2022

Author Name: Tracey Ward, Head of Business Development and Marketing at Generali UK Employee Benefits. 1 Meanwhile, for employees, all of this is only serving to add to all the change and perceived uncertainty currently faced in their working lives, not to mention the very tangible pinch as UK inflation hits a 30 year high.

Salary 52

Salary Finance Education Retirement Plan 52

CorpStrat

NOVEMBER 25, 2022

This change in the labor market means t he old ways of delivering Employee Benefits are no longer enough to increase retention. Employees now expect fresh healthcare plans that provide value and offer perks. Here are our top tips for building a strong Benefits strategy going into 2023: 1. Be proactive.

PTO 52

PTO Retirement Plan Benefits Package Medical 52

Business Management Daily

FEBRUARY 13, 2023

Employee satisfaction is contentment with the job that one is in. The worker finds the role sufficient based on the adequacy of factors such as pay, employee benefits , hours, location, flexibility, work-life balance, and job security. Engaged employees feel a sense of purpose and a connection to the greater picture.

Family and Medical Leave Act 75

Family and Medical Leave Act Benefits Package PTO Retirement Plan 75

Proskauer's Employee Benefits & Executive Compensa

DECEMBER 29, 2022

If spousal consent is remotely witnessed by a plan representative , the process also must comply with the following five requirements: The spouse presents a valid photo ID during the live audio-video conference. The live audio-video conference allows for direct interaction between the spouse and the plan representative.

Electronics 113

Electronics Technology Retirement Plan Pension 113

Vantage Circle

NOVEMBER 23, 2023

Employee perks are the enticing extras employers offer their staff, going beyond the regular paycheck to make the workplace more inviting and fulfilling. These incentives span a wide array, from health benefits and retirement plans to flexible work arrangements, financial bonuses, and professional development opportunities.

Family and Medical Leave Act 65

Family and Medical Leave Act 401(k) Retirement Plan roth 401(k) 65

Empuls

JUNE 21, 2024

The research also revealed that up to 77% of workers with access to employer-sponsored benefits, chose to participate in the program, increasing the take-up rate.   A thoughtfully crafted retirement plan can positively impact employee morale.   Let's quantify the significance of retirement rewards. 

401(k) 40

401(k) Retirement Plan Pension roth 401(k) 40

Qandle

JULY 18, 2023

Promotion and Internal Transfers: Announcing the promotion or internal transfer of an employee, recognizing their achievements and highlighting their new role and responsibilities. This communicates career growth opportunities within the organization and motivates other employees.

Software 98

Software Management Utilities Retirement Plan 98

PeopleStrategy

NOVEMBER 3, 2017

High engagement is critical to increasing employees’ use of the benefits plans and packages your company offers. A survey conducted by the International Foundation of Employee Benefits Plans found that 80 percent of companies find that their employees do not open or read open enrollment materials.

401(k) 49

401(k) Retirement Plan Health Insurance Deductible 49