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IRS Announces Cost-of-Living Adjustments for Health and Welfare Plans

McDermott Will & Emery Employee Benefits

On October 18, 2022, the Internal Revenue Service (IRS) announced cost-of-living adjustments to the applicable dollar limits for certain account-based health and welfare plans (see Rev. The post IRS Announces Cost-of-Living Adjustments for Health and Welfare Plans appeared first on EMPLOYEE BENEFITS BLOG.

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IRS Releases Annual Increases to Health FSA and Transportation Fringe Benefit Limits for 2024

Proskauer's Employee Benefits & Executive Compensa

On November 9th, the IRS announced additional inflation adjustments for 2024, including to the annual contribution and carryover limits for healthcare flexible spending accounts and the monthly limit for qualified transportation fringe benefits. The new limits are set forth below.

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United Kingdom’s Gig Economy: New Regulations and Their Implications

Global People Strategist

Transportation, hospitality, and creative sectors have been particularly affected. Enhanced health and safety measures will also ensure that gig workers are not exposed to undue risks. However, work-life balance and mental health remain essential considerations as the gig economy evolves.

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7 strategies for a successful total rewards program

Insperity

Examples include base wages, premium pay (such as on-call and holiday pay), variable pay (such as commissions and bonus programs), perks (such as company car, transportation stipends, and phone bill reimbursement), incentive programs (such as profit-sharing and performance shares), and severance pay.

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Commuter Benefits: Where Do They Fit in the Future of Work?

TalentCulture - Employee Benefits

By offering subsidies for commuting costs, such as public transportation and parking, you can ease the financial burden for employees who travel to and from work. Moreover, these benefits demonstrate that your organization cares about the welfare of your staff and is committed to offering a strong employee experience.

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Britain is no longer a nation of shopkeepers, but it is divided by the work we do

Workplace Insight

including animal welfare officers, zookeepers and vet assistants). There’s also a high concentration (at least twice the UK average) of newspaper and periodical editors, managers in transport and distribution, production and process engineers, and events managers and organisers. times the UK average.

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India: Developments Affecting Diversity in the Workplace

Global People Strategist

The employer provides safe doorstep transportation to and from the workplace. e) Health, Safety, and Welfare Committees. Conducting annual health and wellness camps. This law also prohibits women from working the night-shift 24 weeks prior to their giving birth. Rectifying these hazards.