Money Talk
SEPTEMBER 21, 2023
I recently taught a class with the same title as this post. It began with a summary of recent “scary” economic events: recession fears, rising interest rates, bank failures, volatile stock prices, increased costs of basic expenses due to inflation, layoffs, low savings rates, increasing credit card APRs and household debt, housing unaffordability, and more.
Proskauer's Employee Benefits & Executive Compensa
SEPTEMBER 21, 2023
A recent Ninth Circuit decision has generated considerable controversy amongst employee benefits practitioners by holding that plan fiduciaries engaged in prohibited transactions when they amended the plan’s existing recordkeeping contract to add brokerage and investment advisory services. In so ruling, the Court remanded the case to the district court to consider whether the transactions fell within the exemption for reasonable service agreements and, independently, whether it was imprudent for
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Employee Benefits
SEPTEMBER 21, 2023
What do you think of when you hear the term ‘sustainability’? Green plants filling the office, colour-coded recycling bins or an array of reusable coffee cups? There are many small ways we can take eco-friendly approaches within the workplace. But when we look at the scale of the climate crisis we’re dealing with, it highlights how important it is for businesses to take bold, direct action.
PeopleKeep
SEPTEMBER 21, 2023
According to the Commerce Institute 1 , 4.4 million businesses start up each year in the United States. Starting a business is an exciting yet challenging endeavor for hard-working entrepreneurs and can come with many unforeseen hurdles, like hiring and keeping a team.
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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.
Insperity
SEPTEMBER 21, 2023
When you think about employee wellness, categories like physical, emotional and social probably first come to mind. But what is your organization doing to prioritize employee financial wellness? For employees, their personal financial wellness is an acute concern right now. So, what can employers do to address these mostly external factors that can impact employee wellbeing?
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
InterWest Insurance Services
SEPTEMBER 21, 2023
Some of the nation’s largest insurers have announced plans to roll back their prior authorization requirements for medical services. Prior authorization — or prior approval — has always been a thorn in the side of patients, often keeping them from accessing care in a timely fashion. The moves by these insurers come after the Centers for Medicare and Medicaid Services (CMS) announced earlier this year that it would require health insurers to automate prior authorization and return decisions
UMB: Emplooyee Benefits
SEPTEMBER 21, 2023
To stay competitive, companies must foster and develop talent. Here's how UMB supports associates' professional growth and education. The post Striving for more: Associate educational support programs appeared first on Financial insights for individuals and businesses.
PayrollOrg
SEPTEMBER 21, 2023
Papaya Global announced it is expanding its role in the U.S. market, helping companies decide which employment model is best suited to them, whether the company has its own entity in the U.S. or not, and can even provide payments and management for independent contractors—experts in global expansion to help maintain compliance.
Employee Benefit News
SEPTEMBER 21, 2023
Every company on the list was recognized for having the highest number of hybrid job openings over the last 12 months.
Advertiser: Paycor
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!
HR Lineup
SEPTEMBER 21, 2023
Payroll management is critical for businesses of all sizes, but it becomes especially complex for enterprises with a large workforce. In 2023, enterprise payroll software has evolved to offer advanced features that streamline the payroll process, ensure compliance with tax regulations, and enhance employee self-service options. To help you choose the right solution for your organization, we’ve compiled a list of the top 10 enterprise payroll software options for 2023. 1.
Employee Benefit News
SEPTEMBER 21, 2023
In order to increase employee engagement, employers should identify the best way to relay benefit information.
BetterUp
SEPTEMBER 21, 2023
Jump to section What’s job abandonment? 7 job abandonment causes What are the consequences of job abandonment?
International Foundation of Employee Benefit Plans
SEPTEMBER 21, 2023
Every month, the International Foundation releases the Legal and Legislative Reporter, a compilation of new employee benefits–related case summaries. Below is a summary we thought you’d be interested in. Content provided by Morgan, Lewis & Bockius LLP. The U.S. District Court for the […] The post Legal & Legislative Reporter: Medical Provider May Not Bring Claim on Behalf of Participants and Beneficiaries appeared first on Word on Benefits.
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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.
Employee Benefit News
SEPTEMBER 21, 2023
Spearheading an in-depth survey and listening to employees has helped her understand what they really want from their organization.
Employee Benefits
SEPTEMBER 21, 2023
British Business Bank has appointed Karen Barnett chief people officer , effective from October. Barnett will join the bank from private wealth management firm WH Ireland, where she was human resources director and a member of its executive committee. While there, she established a best practice HR team and was responsible for collaborating with the board and chief executive officer (CEO) to develop and implement people strategies and policies.
Employee Benefit News
SEPTEMBER 21, 2023
The neurodiversity program manager shares how his position has helped him give back to his community.
Employee Benefits
SEPTEMBER 21, 2023
UK building, infrastructure, engineering and fit-out firm Tilbury Douglas has received menopause-friendly accreditation. Established by Henpicked: Menopause In The Workplace, the accreditation sets clear standards for organisations to meet. In order to achieve accreditation, employers are assessed by an independent panel and must demonstrate evidence of their effectiveness in culture, policies and practices, training, engagement, facilities and evaluation.
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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
BetterUp
SEPTEMBER 21, 2023
Jump to section 13 skills examples for resumes that grab recruiters’ attention What skills should you put on your resume?
Employee Benefits
SEPTEMBER 21, 2023
Law firm DWF, financial services firm Citigroup and banking group Natwest have been named as some of the top family-friendly employers in the UK. Working Families, a national charity for working parents and carers, established the list 14 years ago and each year assesses employers from a range of sectors using its Working Families’ Benchmark. Using feedback from more than 330,000 UK employees, employers re sacored on four areas related to flexible and family-friendly policies and practices that
BetterUp
SEPTEMBER 21, 2023
Jump to section What are job training programs?
Employee Benefits
SEPTEMBER 21, 2023
Credit: Sundry Photography / Shutterstock.com Online retailer Amazon has invested $1.3 billion (£1.1 billion) into US customer fulfillment and transportation employees’ average hourly pay. This investment brings average pay for those roles to more than $20.50 (£16.66) per hour, which is a 50% increase over five years. Some locations will offer up to $28 (£22.75) per hour.
Advertiser: Paycor
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.
InterWest Insurance Services
SEPTEMBER 21, 2023
If you are considering a merger with another agency or being purchased, there is plenty of due diligence that you’ll need to perform. Due diligence will span the gamut of issues, such as how contracts are structured, the soundness of the plan – and the numbers, of course. If your agency is being purchased or merged into another agency, one of the main reasons the other company is entering into the agreement is the success you’ve had over the years.
Higginbotham
SEPTEMBER 21, 2023
Companies that accidentally pollute can face millions of dollars in costs related to lawsuits and cleanup requirements. Expensive incidents can also occur when business operations inadvertently lead to mold, bacterial or asbestos contamination. Environmental liability insurance provides important coverage for contractors, manufacturers and other businesses that have environmental-related exposures.
Business Management Daily
SEPTEMBER 21, 2023
Many small businesses and startups have a strained relationship with their human resource needs, as they often lack the budget necessary for a full-fledged HR department. At the same time, some HR processes are unavoidable, such as onboarding new hires, recruitment, time tracking, payroll , and employee recordkeeping. As a result, these smaller organizations tend to tack on HR tasks for their managers and employees, or the small business owner may choose to handle HR management alone.
McDermott Will & Emery Employee Benefits
SEPTEMBER 21, 2023
This post continues our investigation of proposed regulations under the Mental Health Parity and Addiction Equity Act (MHPAEA) issued by the US Departments of Labor, Health and Human Services and the Treasury (the Departments). Our previous MHPAEA content is available here. The proposed regulations establish a formal structure for how the Departments will enforce the requirement that […] The post Code § 4980D and Violations of the NQTL Analysis Requirement Under the Proposed MHPAEA Regulat
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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?
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