Thu.Feb 08, 2024

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The Cost of Convenience

Money Talk

A key factor that determines what people spend money on every day is convenience. Convenience generally saves time but can add to the cost of products and services because somebody did some work for you (e.g., marinating meat or fish or making kabobs). An estimated $751 billion is spent annually by Americans on convenience items according to a study by Finder, an online data aggregator.

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PayrollOrg Raises Regulation Z and EWA Concerns With CFPB

PayrollOrg

PAYO wrote to the Consumer Financial Protection Bureau (CFPB) about its concerns for the process under consideration of the Truth in Lending Act.

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They call it mellow yellow. Issue 19 of IN Magazine lands

Workplace Insight

The new issue of IN Magazine has been published online today. In this issue: we ask why firms are so reluctant to change what they do; a dream of the past and future of work; Andy Lake talks about his new, visionary book; how AI might make cities worse; what inclusive design means; a panel of experts discuss what changing work practices mean for major business districts; why we must rethink how we light our streets and squares; how to strike the right balance when it comes to creating meetings i

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13 Company Retreat Ideas to Re-energize Your Employees

Vantage Circle

Have you ever noticed a dip in your employees' enthusiasm? Are they slipping into the depths of unproductivity? Well, such a scenario requires your immediate attention. You must attempt to infuse vitality by breaking them free from rigorous routines. This is where the idea of a company retreat comes into the picture. It plays a significant role in rejuvenating your employees.

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Improving Access To & Utilization Of Cancer Screening With Color

Discover how Color's comprehensive care solution is revolutionizing cancer screening adherence and knowledge. Through an in-depth case study, Color's unique approach to comprehensive cancer care has shown significant benefits in increasing screening rates and enhancing patient knowledge. Participants reported a 2-3x increase in adherence to screening guidelines over just 8 weeks, with 84% of participants increasing their familiarity with timing and frequency of cancer screening.

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How to Choose a Payroll Service for Your Small Business

Patriot Software

Payroll software makes paying employees a breeze by calculating federal, state, and local taxes. If you’ve decided you want to use software to run payroll, you can put away your calculator and income tax withholding tables (hooray!). But, do you know how to choose a payroll service?

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Navigating the chaos: A leader’s guide to embracing uncertainty

Business Management Daily

Storm clouds are gathering. Chaos has entered as an unwelcome guest at our organizational table, from fresh technological challenges to political arguments to wars. Your “fight or flight” reaction may guide you to avoid the challenge, but embracing it might unlock long-term success. Being forewarned can offer time to gather your team and create a plan.

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This platform is helping employees send their kids to college

Employee Benefit News

The CEO of Empowerly explains how helping employees navigate their children's college plans is critical to family-building benefits.

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New Approaches to Managing Health Care Costs, Improving Outcomes

InterWest Insurance Services

As health insurance and health care costs continue climbing, some employers are taking new and innovative steps to tamp down costs for themselves and their covered employees while not sacrificing the quality of care they receive. Some of the strategies require a proactive approach by engaging with their broker and insurer, and even local health care providers, efforts that may be hampered by location and how flexible insurers may be.

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CEOs turn positive on US economy for first time in 2 years

Employee Benefit News

Leaders believe financial conditions will continue to improve, while they voiced concern over political unrest and international conflicts.

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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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The Grand Jury Reports

Florida Workers' Comp

For over a year, the 22nd Statewide Grand Jury has been looking into the potential of "crimes and wrongdoing committed against Floridians related to the COVID-19 vaccine." There has been a nice post-COVID period in the last two years. We have seen the world come back together, with significant normalcy. Well, significant. I still see people wearing masks.

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Personalized AI training helps employees embrace new tech

Employee Benefit News

A customized learning plan keeps employees up to date with the right tech skills and helps combat fears their jobs will be replaced.

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Your PTO Playbook for Super Bowl Monday

International Foundation of Employee Benefit Plans

Whether it was the stellar halftime performance, a fourth-quarter Hail Mary, or the overload of chips and guacamole, employees may struggle to go the extra mile (or yard) on Super Bowl Monday. While Super Bowl Monday hasn’t quite reached national holiday status, […] The post Your PTO Playbook for Super Bowl Monday appeared first on Word on Benefits.

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A complete guide to winning job offers

Insperity

A job offer is much more than a procedural formality — it lays the foundation for a successful and harmonious employer-employee relationship in the future. However, crafting an appealing job offer is an art that requires a nuanced understanding of the candidate’s needs and goals.It involves not only presenting a competitive salary but also showcasing your company’s employee value proposition.

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From Prevention to Remission: How HR Can Support Employees Facing Cancer Diagnoses

Explore the latest insights from the American Cancer Society's “Cancer Statistics 2024” report, which unveils multiple alarming trends in cancer data. Cancer is on the rise among young adults, and diagnoses for 6 of the 10 most common cancers are escalating. With over 2 million new cancer cases projected in the U.S. this year, employers face increased challenges when it comes to supporting employees.

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When It Comes to Vesting, IRS Says Once a Long-Term, Part-Time Employee, Always a Long-Term, Part-Time Employee

McDermott Will & Emery Employee Benefits

Under the SECURE Act and the SECURE 2.0 Act, employers must provide long-term, part-time employees – i.e., employees who complete at least 500 hours of service in three consecutive years (reduced to two years in 2025) and are at least 21 years old – the opportunity to make elective deferrals under their 401(k) plans and, […] The post When It Comes to Vesting, IRS Says Once a Long-Term, Part-Time Employee, Always a Long-Term, Part-Time Employee appeared first on EMPLOYEE BENEFITS BLOG.

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8 Steps to Improve Employee Productivity in 2024

15Five

Knowing how to improve employee productivity is on every leader’s mind as organizations navigate return-to-office mandates, economic instability, and the impact of inflation. If you want to get the most out of your employees and support work efficiency, follow along for eight steps to improve productivity in the workplace. 1. Strategically align employee goals Align employee goals with business objectives to help your direct reports understand how their work fits into a more comprehensive framew

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How to Reset Your Life: 10 Ways

BetterUp

Jump to section What’s a life reset? Why should I reset my life?

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Imagination appoints new people and culture partner

Employee Benefits

Global experience design firm Imagination has appointed Laura Marotta UK people and culture partner as of this month. In line with Imagination’s people and culture strategy, Marotta will assume the overarching responsibility for people, including heading up the talent acquisition function in the UK. Reporting to chief people officer Philomena Gray and collaborating with UK managing director Richard Hannah, she will work closely with the senior leadership team to ensure a workplace environment wh

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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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COVID-19 Supplemental Benefits for Healthcare Workers Proposed in Legislation

Workers' Compensation

Legislation ( A3504 ) has been introduced to establish the Health Care Workers COVID-19 Supplemental Benefits Program in the Division of Workers' Compensation. PURPOSE This legislation aims to assist healthcare workers whose public service has rendered them particularly vulnerable to COVID-19 by alleviating long-term economic hardships due to COVID-19.

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One day left to enter Employee Benefits Awards 2024

Employee Benefits

HR, reward and benefits professionals who want to be in with a chance of winning at the Employee Benefits Awards 2024 have just one day left to enter. This is the final opportunity to enter and win recognition as the final deadline is tomorrow: Friday 9 February. Now in its 22nd year, the Employee Benefits Awards celebrates organisations, teams and individuals in the reward, benefits and HR community that have made a significant difference, and attracted, motivated and rewarded employees through

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Act Fast (If You Get the Letter)! IRS Pre-Examination Retirement Compliance Pilot Program is Extended

Proskauer's Employee Benefits & Executive Compensa

On February 7, 2024, the IRS announced the second phase of its Pre-Examination Retirement Compliance Program (we discussed phase one in our earlier post here ). Under this program, sponsors will be notified that their plan is selected for examination and will have 90 days to review and correct any plan document or operational errors, similar to the process for phase one.

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Oliver Wyman enhances parental leave for India, Middle East and Africa staff

Employee Benefits

Global management consulting firm Oliver Wyman has extended its parental leave for employees across the India, Middle East and Africa (IMEA) region. New parents in its offices in the United Arab Emirates (UAE), Bahrain, Saudi Arabia, South Africa, Qatar and India are now eligible for six months of paid maternity leave and eight weeks of paid paternity leave.

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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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Club Employés and Weavr partner to give people more choice and control over employee benefits

Workplace Insight

European employee benefits platform, Club Employés, has partnered with embedded finance specialists, Weavr, to power a debit card solution for employee benefits, which gives employees the power to pick the perks they prefer. By expanding access to relevant benefits through the capabilities of embedded finance, employees are more likely to engage with the benefits provided by their employers.

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Santander UK reports 13.4% mean ethnicity pay gap

Employee Benefits

Banking organisation Santander UK has reported a 13.4% mean ethnicity pay gap for 2023, up 4.3 percentage points from 2022’s figure. The employer’s median ethnicity pay gap was 17.6%, up 9.6 percentage points from the previous year. Its mean ethnicity bonus gap was 35.6%, up 6.6 percentage points from 2022, and its median gap was 25.4%, down 0.4 percentage gaps from the previous year’s figure.

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Workplace Kindness: How and Why it Pays Off

Pacific Prime

Keeping employee engagement, improving overall company culture, reducing stress levels, all these factors are part of one simple thing every company can practice: Workplace kindness. From showing gratitude to just putting on a smiling face, workplace kindness is something any company can do. In this blog post, we’re going to discuss the concept of workplace.

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Employee Benefits Live: 8-9 October 2024, ExCel London

Employee Benefits

Employee Benefits Live is Europe’s largest dedicated reward and benefits event for the HR and reward industry. The event provides an unrivalled opportunity for compensation, benefits and HR professionals to network, share ideas and best practice, benchmark suppliers, source the most effective solutions and learn the latest techniques to attract and retain the best talent.

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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