Wed.Jun 14, 2023

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Can I use an ICHRA with an HSA?

PeopleKeep

Navigating the world of healthcare can be challenging, especially when it comes to choosing the right health benefit for your organization. Both individual coverage health reimbursement arrangements (ICHRAs) and health savings accounts (HSAs) can maximize savings for you and your employees. But can they work together? The answer is yes, but there are some restrictions.

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Virtual Congress Set to Deliver More Top-Notch Education

PayrollOrg

The educational workshops, networking, and Expo opportunities continue with PayrollOrg's Virtual Congress & Expo 2023, happening June 21-22. Take time to engage with fellow payroll pros and industry experts, all while earning extra RCHs.

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HR Metrics: Definition, benefits, examples, and what should be measured

Qandle

HR Metrics , also known as Human Resources metrics or HR Analytics , refer to the quantitative measurements and data analysis used to assess and monitor various aspects of the workforce and HR functions within an organization. HR metrics provide insights into HR processes, effectiveness, and their impact on overall business performance. Here’s a detailed breakdown of HR Metrics: Definition of HR Metrics: HR Metrics are quantitative measures used to assess, analyze, and evaluate HR-related

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Decoding the Cryptic and Confusing Workplace Jargon

HR Digest

In the tapestry of the modern corporate environment, there are common confusing office terms – jargon and acronyms, that even make seasoned employees do a double take. And there is no clear roadmap for young professionals to understand the endless labyrinth of confusing workplace jargon thrown at them. Decoding the enigmatic lexicon of hard-to-understand office jargon has left even global workers confused.

IT 98
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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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Keely Rushmore: Proposed changes to holiday pay for temporary workers

Employee Benefits

In a bid to reduce the administrative burden on employers, the government has announced plans to allow rolled-up holiday pay. The plans were set out in the Smarter Regulation to Grow the Economy policy paper published in May 2023 and are one of a number of changes proposed to the Working Time Regulations, as the UK government continues to navigate a post-Brexit legal landscape.

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Upskilling Definition & How it Can Future-Proof Your Career

BetterUp

Find out why upskilling is crucial to develop your career. Discover 4 upskilling techniques you can use now and 6 steps to start to implementing it.

IT 105
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HR KPIs: All You Need to Know

HR Lineup

In today’s competitive business landscape, organizations recognize the critical role that Human Resources (HR) plays in driving success. To ensure HR’s effectiveness and align it with the organization’s goals, Key Performance Indicators (KPIs) are essential. HR KPIs provide measurable data that enables HR professionals to track their performance, identify areas for improvement, and demonstrate their value to the organization.

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Proposed Legislation Would Allow 403(b) Plans to Invest in Lower-Cost Collective Investment Trusts

McDermott Will & Emery Employee Benefits

A new bill introduced in Congress would allow 403(b) plans maintained by tax-exempt organizations to make use of collective investment trust (CIT) investments. CITs are an alternative to mutual funds that may provide significant cost savings for 403(b) plans and their participants. The SECURE 2.0 Act took the first steps along this path by making […] The post Proposed Legislation Would Allow 403(b) Plans to Invest in Lower-Cost Collective Investment Trusts appeared first on EMPLOYEE BENEFI

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6 Workplace Burnout Prevention Strategies Every HR Manager Should Know

Flimp Communications

Even though we live in a stressful era, with demands coming at your team members from every direction, burnout is not inevitable. With the right strategic approach, you can transform your workplace so that employees feel not drained but enriched, not helpless but empowered. The post 6 Workplace Burnout Prevention Strategies Every HR Manager Should Know appeared first on Flimp.

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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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Small businesses are pioneering the four-day workweek

Employee Benefit News

A clear champion has emerged in the movement toward a four-day workweek — small businesses.

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Revolutionize HR Management: Top AI Tools Every Professional Needs 

Wellable

AI is revolutionizing HR, streamlining tasks, and enhancing employee experience, but its integration is not without hurdles. Explore our detailed guide to AI HR tools. The post Revolutionize HR Management: Top AI Tools Every Professional Needs appeared first on Wellable.

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15 professions trending on TikTok

Employee Benefit News

Registered Nursing.org ranked which professions are getting the most attention on TikTok.

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How Can You Help During Men’s Mental Health Week?

Employee Benefits

Men’s Mental Health Week is 12-18th June 2023. (T.W.: Suicide) Tackling the stigma around men’s mental health and psychological stress has been an uphill battle over the past decade however, it seems we may be reaching a peak. As a nation, we are becoming more aware of the troubling mental health issues that men face; however, with 40% of men unwilling to talk about their mental health (1) , for many, their psychological stress builds to an altogether tragic conclusion.

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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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Check in before employees check out: 4 ways to keep workers engaged

Employee Benefit News

A culture of strong values and employee appreciation can overcome a sense of disconnect.

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Coca Cola staff accept up to 18% pay rise

Employee Benefits

Credit: Katherine Welles / Shutterstock.com Coca Cola Europacific Partners (CCEP) staff based at its soft drinks plant in Wakefield, Yorkshire have accepted an up to 18% pay rise , ending the threat of strike action. The deal will see employees’ salaries increase between £3,476 and £3,876 in the first 12 months, with further increases to salaries set to take place from 1 April 2024.

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How Gulf War syndrome radically altered this veteran's view of healthcare

Employee Benefit News

My journey from ailing Persian Gulf veteran to licensed physical therapist revealed the importance of identifying root causes over treating symptoms.

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The Lay-Up

AssuredPartners

The Lay-up: No, we aren’t talking basketball. The lay-up credit is a little-known and little-used coverage under a corporate aircraft insurance policy. It doesn’t often come into play, but in certain circumstances, it can return premium to you that otherwise would have been money wasted. The lay-up credit is coverage that is either already included in the provisions of your policy or can be added by endorsement.

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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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Zuto prioritises financial and mental wellbeing with comprehensive benefits suite

Employee Benefits

Zuto is a fintech in the used car finance space. It employs 450 people, known as Zutonites, across its Macclesfield head office and Manchester contact centre. Mary Beighton, people and culture director at Zuto, says: “We’re growing quickly so we have to be competitive to attract and retain employees. To do this, we’re constantly evolving our benefits proposition.

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WeSpire

HR Lineup

WeSpire is an innovative online platform that aims to inspire and engage employees in making positive changes in their workplaces and communities. Designed with a focus on sustainability, social impact, and employee well-being, WeSpire provides organizations with the tools and resources to create meaningful programs and initiatives that drive measurable results.

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How can employers build the case for aligning financial and mental wellbeing strategies?

Employee Benefits

Need to know: Financial worries affect the bottom line, with a poll by the Chartered Management Institute (CMI) finding the majority of employers believe the cost-of-living crisis has caused stress and anxiety that have affected productivity levels. Many organisations already offer benefits that can support employees’ financial wellbeing , whether as a core benefit or as an added-value service.

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CONTRACT V. PURCHASE ORDER

Assurance Agency

Businesses hire third-parties such as vendors, contractors, consultants, etc. to assist with its operation by way of an agreement. Both contracts and purchase orders are two ways of entering into a form of agreement. But, under what circumstances should a business issue a contract v. a purchase order? The key difference between contracts and purchase orders is that a contract is an agreement between two or more parties that creates an obligation to do (or not do) a particular task whereas a purc

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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 Future of Accounting: How Technology is Revolutionizing the CPA Industry

Professionals Alternative

The Future of Accounting: How Technology is Revolutionizing the CPA Industry Introduction to the Future of Accounting The accounting industry has always been at the forefront of change, adapting to new technologies and innovations to stay relevant in a rapidly evolving business landscape. As we look to the future of accounting, it is clear that technology will play a pivotal role in revolutionizing the CPA industry.

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How to calculate employee turnover rate

Business Management Daily

Organizations in the US have had a problem with high turnover rates ever since 2018, when they hit an all-time high. Turnover rates have continued to increase ever since, especially during The Great Resignation — where more than 47 million Americans voluntarily quit their jobs. While these numbers are concerning, turnover isn’t always a bad thing, as employees leave organizations for a variety of reasons, some of which organizations can’t control.

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What is the right to disconnect?

PeopleKeep

Having a hybrid or remote work environment can be beneficial for both employers and employees. But when people work from home, they can feel compelled to always be online and available to work. This could mean checking their email at night, working from their phone when they’re on the go, or answering their boss’s phone calls outside of work hours. For many employees, not being in a designated workplace blurs the lines between work and life.

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Younger workers have no idea what the hell older colleagues are talking about

Workplace Insight

A new poll suggests a workplace jargon language barrier may be driving a wedge between generations, with half (48 percent) of Millennials and Gen-Z saying it makes them feel less involved in the workplace. The research from LinkedIn and Duolingo claims that jargon such as “blue sky thinking”, “move the needle on a deadline”, or “circling back to take something offline” is off-putting for younger workers, as 69 percent say their colleagues use too much jargon at work.

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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