Wed.Jun 28, 2023

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US Pregnant Workers Fairness Act comes into effect

Employee Benefits

The Pregnant Workers Fairness Act (PWFA) has come into effect from 27 June in the United States (US). Under the terms of the PWFA employers are obliged to provide reasonable accommodations for known limitations related to pregnancy, childbirth or related medical conditions. The act applies to US private and public sector employers as well as Congress, Federal agencies, employment agencies and labor organisations with 15 or more employees, unless the accommodation would cause the employer an undu

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Mid-Year Financial Tweaks and Tasks

Money Talk

It’s halftime for your 2023 finances and a perfect time to review where you stand, make mid-year adjustments, and complete recommended financial planning action steps. Below are ten mid-year financial tweaks and tasks: Tax-Deferred Savings Tweak - Perhaps you will get a raise on July 1. Consider completing the paperwork needed to save more money from July to December in your employer’s tax-deferred retirement savings plan.

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The benefits offered by Fox Agency

Employee Benefits

Benefits on offer at Fox Agency: Pension Salary sacrifice pension arrangement; employees are automatically enrolled after three months’ service. Employee contribution 5% and employer contribution 3%. Healthcare and wellbeing £25 monthly wellbeing allowance. Employee assistance programme: 24-hour helpline for all issues and telephone counselling if required.

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The constant craving to put numbers on working relationships

Workplace Insight

The answer to the great question of life, the universe and everything is not 42, as you may have been led to believe. It’s 1/137 (or near enough). This is the greatest of the two dozen or so universal constants. According to current thinking, without the physical and quantum relationships it describes, the universe as we know it could not exist. It makes sense to try to understand physical systems in this way because they generate observable and measurable data which can be replicated.

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Balancing Cost and Care: 3 Key Considerations for Cost Optimization in 2024

Discover essential strategies for employers to balance cost optimization with care. The top priorities for employers in 2024 are retaining talent, growing revenue and sales, and attracting talent. To achieve these goals, employers are turning towards comprehensive total rewards strategies informed by data-driven insights. Hear from industry experts on cost optimization strategies and how to leverage these approaches for a healthier workforce.

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Martin Williams: Amazon’s term-time contracts come with a new set of problems

Employee Benefits

The idea proposed by Amazon to offer contracts that revolve around term-time working is an interesting one. At first glance it can seem generous, allowing a degree of flexibility for workers who find school holidays a difficult time to balance work and childcare. However, Amazon is not being totally altruistic. It needs to solve a recruitment problem and offering a solution that appears responsive to issues that many individuals face is no bad thing.

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Get the Scoop on California’s Bereavement Leave Law

InterWest Insurance Services

The California Civil Rights Department (CRD) recently released a detailed set of frequently asked questions about a new bereavement law that requires employers in the state with five or more workers to provide leave for up to five days to a worker who loses an immediate family member. The law, which took effect Jan. 1, 2023, covers bereavement leave upon the death of a: Spouse Child Parent Sibling Grandparent Grandchild Domestic partner, or Parent in-law.

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City dwellers take advantage of hybrid working to relocate to suburbs, towns and countryside

Workplace Insight

A new report from IWG claims that suburbs, small towns and rural areas across the US and UK are booming, as people take advantage of hybrid working to migrate from larger cities. The study, undertaken in partnership with Arup, suggests that an estimated 500,000 people will leave US cities this year – 59 percent higher than pre-2020 levels – with most moving to suburbs, revitalised former dormitory towns and rural areas.

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The quest to enhance PBM transparency and accountability

Employee Benefit News

Bipartisan support is building to make pharmacy benefit managers more transparent and accountable, which would benefit millions of working Americans.

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There's Still Time to Nominate Your Organization

PayrollOrg

There's still time to nominate your organization for a Shared Service or Payroll Prism Award! Deadline for submissions is July 12, 2023.

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Individual Development Plan Template

There’s no way around it: sometimes employees need your help. Use this free template to clarify expectations, share resources, and set a timeline. Best case scenario, this process helps them improve. Worst case, your great recordkeeping keeps you compliant even if they move on. Download the template today!

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Employees fed up with managers say AI bosses are the answer

Employee Benefit News

Employees who don't like how they're being treated are more likely to say a robot could do a better job as boss.

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Redefining Maternal Care At Work: A Focus On Postpartum Depression

Wellable

Most new mothers battling postpartum depression during the pandemic did not receive adequate treatment. How can employers step up to support new mothers? The post Redefining Maternal Care At Work: A Focus On Postpartum Depression appeared first on Wellable.

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The price of starting a family: Are fertility treatments LGBTQ friendly?

Employee Benefit News

Simply offering healthcare plans with family-building offerings isn't enough, according to the CEO of WINFertility.

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Just Catching Up? All for One, or None for All, Catch-Up Contributions Under SECURE 2.0

McDermott Will & Emery Employee Benefits

Beginning after December 31, 2023, the SECURE 2.0 Act indicates that any plan that permits catch-up contributions must require certain employees to make their catch-up contributions on a Roth basis. Employers have expressed significant concerns regarding their ability to implement the necessary system changes—specifically to payroll and recordkeeping systems—by year-end.

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The Ultimate Performance Review Checklist

Performance reviews are a proactive way to engage with your employees, provide clear communication about expectations, and acknowledge them for their hard work. But getting the right framework and creating consistency across your organization can be tricky. We put together this checklist to help you evaluate your current performance review process and equip managers with the right tools to perform individual assessments.

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The price of starting a family: Are fertility treatments LGBTQ friendly?

Employee Benefit News

Simply offering healthcare plans with family-building offerings isn't enough, according to the CEO of WINFertility.

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TD Synnex UK certified as Great Place to Work

Employee Benefits

Credit: JHVEPhoto / Shutterstock.com Global distributor and solutions aggregator TD Synnex UK has received certification from Great Place to Work as a result of positive feedback from its employees. To qualify for the certification, organisations must demonstrate that they have a built a high-trust and positive workplace culture. Using employee surveys and its certification and Best Workplaces lists, Great Place to Work recognises what organisations are doing right and helps them to continually

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Managers meet AI: How leadership can embrace new tech and earn employee buy-in

Employee Benefit News

AI, HR and business experts explain what managers can expect from AI — and how to keep it from spooking workers.

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TotalEnergies staff accept 15.5% pay rise

Employee Benefits

Credit: Sirozy / Shutterstock.com Workers employed by TotalEnergies on the Elgin Franklin and North Alwyn platforms and the Shetland Gas Plant in Scotland have accepted a 15.5% pay rise. Around 70 of the employees, who are control room operators, mechanical, operations and production technicians, and engineers, voted to accept the pay offer. The two-year deal consists of a 5.5% salary increase this year and 3% next year, along with a change to a three-weeks-on and four-weeks-off working rotation

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Want To Enhance Your Total Rewards To Achieve Organizational Success? Start Here.

Are you looking for ways to enhance your employee value proposition? Gallagher Better Works SM Insights has got you covered! Dive into the latest magazine issue and discover how flexibility, equity, recognition and strategically applied resources can improve your total rewards package. Download the PDF to learn more about: Building retirement benefits for a global and mobile workforce Promoting employee and organizational growth through succession planning Empowering women in leadership through

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People of color are getting 'ghosted' when job seeking

Employee Benefit News

78% of people of color said they experienced no follow-up from a company at some stage of the interview process, according to Greenhouse Software.

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Allianz introduces electric car salary sacrifice scheme

Employee Benefits

Insurance firm Allianz has introduced an electric car salary sacrifice scheme for its more than 8,000 UK employees. The scheme, which is provided by ElectriX, part of LV= General Insurance and CBVC Vehicle Management, is available to all employees. They can choose between electric and plug-in hybrid cars, while the cost of the lease is calculated monthly and deducted from their gross salary through payroll.

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Plaintiff’s Third-Party Observers May Attend Defense Medical Examinations [DME]

Workers' Compensation

A Defense Medical Examination [DME] is an adversarial proceeding. The NJ Supreme Court has ruled that a trial judge should review any objections made by the defense counsel to prohibit the attendance of a neutral third-party observer [TPO]. While the case arises from a personal injury claim, the Court’s ruling will have applicability to matters before the N.J.

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UBS Prepares to Implement Massive Credit Suisse Job Cuts

HR Digest

The banking sector is no stranger to the volatility of the global economy, and the repercussions are often felt by the workforce in the form of layoffs. In the latest news, UBS, a Swiss multinational investment bank and financial services company, is planning job cuts in the workforce of Credit Suisse, following an emergency takeover. This move has sent a ripple of uncertainty through the banking world, impacting employees , stakeholders, and the market at large.

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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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IRS Announces the End of COVID-19 Treatment Without Deductible Requirement

AssuredPartners

The COVID-19 pandemic brought with it many unique rules pertaining to health plans, many of which have now sunset. The latest pandemic-related guidance to go away is the special rule that enabled high-deductible health plans (HDHPs) to cover COVID-19 testing and treatment for plan enrollees prior to them fulfilling their minimum deductible amount. In Notice 2023-37 , the IRS announced an official deadline for the expiration of this relief that was first described in Notice 2020-15, which we blog

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Podcast: Fox Agency’s benefits proposition fully supports hybrid-working employees

Employee Benefits

Listen: With a hybrid-working employee base, Fox Agency reviewed its benefits proposition to ensure that it offers rewards that are meaningful to its staff. In this episode of the Employee Benefits podcast, Emma Loizidis, head of people at the marketing agency, explains why it was important for the business to create an employee experience that creates a sense of purpose for staff and prioritises their mental, physical and financial wellbeing.

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Healthcare Must be Focused on the Patient Journey 

HR Professionals Magazine

As the healthcare landscape has evolved to value-based care, employers, payers and pharmacy benefit managers (PBMs) have implemented new strategies to improve quality of care and affordability. Ninety percent of the nation’s $3.5 trillion in annual health care expenditures are for chronic and mental health conditions. 1 Who really controls your drug spend?

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Tydy

HR Lineup

Tydy is an innovative employee onboarding and engagement platform designed to streamline and enhance the onboarding experience for both employers and new hires. With its user-friendly interface and powerful automation capabilities, Tydy revolutionizes the way companies bring new employees onboard, ensuring a seamless transition and fostering long-term engagement.

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An HR Leaders Guide: 7 Questions To Ask When Developing Your Cancer Strategy

As HR and Benefits leaders are in the midst of evaluating cancer care solutions and designing their requirements for vendors, it’s key to know what questions to ask to ensure the development of a truly comprehensive strategy: from prevention to diagnosis to treatment to survivorship. Getting to the right answers starts with asking the right questions: How can better access improve engagement?