PayrollOrg
JANUARY 26, 2024
The U.S. Department of Labor released its list of potential FUTA credit reduction states for 2024, and they are California, Connecticut, New York, and the Virgin Islands. The determination will be made after November 10, 2024.
Employee Benefit News
JANUARY 26, 2024
Mercer ranked which cities worldwide have the highest quality of life according to factors like safety, national stability, public services, cultural richness and infrastructure.
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International Foundation of Employee Benefit Plans
JANUARY 26, 2024
Many employers have increasing numbers of lower income employees who may struggle with day-to-day issues of transportation, housing, food insecurity and inadequate health care. Employers can support lower income workers with benefits such as health care navigation and quicker access to pay. […] The post Supporting Lower Income Employees appeared first on Word on Benefits.
Employee Benefit News
JANUARY 26, 2024
Workers are eligible if they earned a salary of less than $75,000 last year, and their total cash compensation was less than $85,000.
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Best Money Moves
JANUARY 26, 2024
3 ways high inflation is still affecting your workforce. Learn how to help your team cope with the continuing effects of high inflation. Although inflation cooled during the end of 2023 and price increases have somewhat slowed, most employees aren’t feeling the benefits of a recovering economy. Over 90% of Americans cut back on spending in 2023, according to a CNBC and Morning Consult survey , due to the effects of rising inflation.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Employee Benefits
JANUARY 26, 2024
Credit: Anne Czichos / Shutterstock.com Restaurant chain Chipotle Mexican Grill has introduced enhanced financial and mental wellbeing benefits for more than 110,000 employees. These include a SupportLinc employee assistance programme, supplied by by CuraLinc Healthcare, which includes six free sessions with a licensed counsellor or mental health coach, as well as access to tools, resources and community support for legal, financial and family matters.
Employee Benefit News
JANUARY 26, 2024
Less than 1% of workers will be cut in this latest headcount reduction at the company.
Employee Benefits
JANUARY 26, 2024
Something for the weekend: Parcel delivery business DPD has had to disable its artificial intelligence (AI) online chatbot after a customer figured out how to make it swear and write negative poems about its service. If you have ever felt demotivated or unengaged at work, then do not worry, because it seems like this chatbot has too! Ashley Beauchamp, a conductor and head of music at Waterperry Opera Festival, used the AI chatbot to try to locate his missing parcel.
Higginbotham
JANUARY 26, 2024
American businesses have put the effects of the pandemic behind them, except for remote work. According to research by Goldman Sachs, the share of employees working from home has stabilized at around 25 percent, which is below the pandemic peak of 47 percent but far above the pre-pandemic average of 2.6 percent. The work from home (WFH) practice continues to be driven by the combination of improved remote work technology, the spur of the pandemic and a tight labor market that has compelled emplo
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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.
Employee Benefits
JANUARY 26, 2024
Employers have continued to increase the role of environmental, social and governance (ESG) measures in executive pay and incentive programmes, across markets according to a global study by Willis Towers Watson (WTW). The global advisory firm surveyed 1,146 firms listed in nine major European indices, 500 US employers, 60 in Canada and 352 across seven major markets in the Asia Pacific region.
Pacific Prime
JANUARY 26, 2024
Some Americans are paid more in Dubai, while some aren’t. The factors influencing the salaries of Americans in Dubai include the employee’s profession, education, and experience, but the lower cost of living makes Dubai a cheaper place to live in compared to the United States (US). Are you an American planning to work in Dubai? The post Are Americans Paid More in Dubai?
Employee Benefits
JANUARY 26, 2024
Credit: PoohFotoz / Shutterstock.com The University of Leeds is to increase pay for more than 1,300 employees from 1 February. Employees on its pay grades two, three and four will be moved up at least one pay spine point. Those on pay grade two will earn a minimum of £12 an hour, and those on pay grade three will move up at least one pay spine point to earn a minimum of £12.21 an hour, except for those already earning £12.72.
BerniePortal
JANUARY 26, 2024
In 2004, Walmart’s overnight employees began speaking out about being forced to stay at work even after they had clocked out. The New York Times interviewed Mr.Cobb who said that “on many workers’ fifth work day of the week, they would approach the 40-hour mark and then clock out, usually around 1 a.m.” After they clocked out, they would have to “sit around” until a manager arrived at 6 a.m. to unlock the doors.
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Explore the latest insights from the American Cancer Society's (ACS) “Cancer Statistics 2024” report, which unveils alarming trends in cancer data. Cancer is on the rise among young adults and diagnoses for 6 of the top 10 most common cancers are escalating. With over 2 million new cancer cases projected in the U.S. this year, employers face increased challenges.
Employee Benefits
JANUARY 26, 2024
The top 10 most-read articles on employeebenefits.co.uk between 19 – 25 January 2024 were: Lidl GB gives pay rise to 26,000 hourly-paid employees FCA manager loses full-time work from home claim Mitie, The Perfume Shop and NFU Mutual UK certified as UK top employers Lloyds Banking Group reports 5.7% mean ethnicity pay gap Engineering construction staff accept 17.4% pay increase 33% of UK employers plan on increasing salaries and bonuses in 2024 Walmart to increase store managers’ salaries
The Workcomp Writer
JANUARY 26, 2024
Reversing a decision of the state’s Workers’ Compensation Appeal Board, the Commonwealth Court of Pennsylvania held that a truck driver did not experience an “extraordinarily unusual and distressing” event that constituted an abnormal working condition, when his truck caught fire, the driver exited the truck cab and stood a distance of 100 yards up the road, and the fire was easily extinguished within two minutes by another truck driver who had come upon the scene [ Premium Transp.
BerniePortal
JANUARY 26, 2024
SHRM states that for HR, overlooking social media today would be like “ignoring e-mail 20 years ago.” Social media is an indispensable tool for HR professionals in the recruitment and hiring process. Let’s look at five social media techniques you can use to optimize your recruitment efforts this year.
Business Management Daily
JANUARY 26, 2024
Competitive salary. Excellent benefits. Great support from management. Collaborative environment. Those are a few of the glowing terms reviewers use to describe Costco on Glassdoor. They are also what help the warehouse club regularly earn a spot in Glassdoor’s annual “Top 100 Places to Work” report. Why, then, did a group of Costco workers at one of its stores “overwhelmingly” vote to unionize, making it the Teamsters’ first organizing victory at the big-box wholesale retailer in more than 20 y
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!
Snell & Wilmer Benefits
JANUARY 26, 2024
By Matthew P. Chiarello and Carlene Y. Lowry The IRS continues to evaluate and process Employee Retention Credit (“ERC”) claims with a focus on inaccurate and ineligible filings. Among its efforts to police the ERC program, the IRS announced a new initiative that permits taxpayers to return ERCs to which the employer is not entitled and avoid audit and penalty.
BetterUp
JANUARY 26, 2024
Jump to section What is divergent thinking?
Professionals Alternative
JANUARY 26, 2024
[link] Unleashing the Power of Finance Recruiters: How They Drive Hiring Success for Financial Teams The Role of Finance Recruiters in the Job Market Finance recruiters play a crucial role in the job market, particularly in the finance industry. As the demand for finance professionals continues to rise, hiring managers often find it challenging to identify and attract top talent.
BetterUp
JANUARY 26, 2024
Jump to section What is career cushioning?
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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.
HR Digest
JANUARY 26, 2024
Passive-aggressive emails are not always intentionally offensive but the damage it does to the receiver is all but guaranteed. Communication over email and text eliminates the element of body language that usually allows the receiver to understand that you mean no harm. Often, people unfamiliar with formal workplace language turn to online examples of how to send an official email, resulting in a mail packed with all the outdated passive-aggressive email responses arranged in a single place.
Workplace Insight
JANUARY 26, 2024
One of the regular, longstanding gripes of our publisher Mark Eltringham (there are many) is that architects don’t particularly like non-architect folk having any sort of opinion on what they do. You can read him banging on here (ten years ago!) and elsewhere about the problems architects have with muggles. Now the Royal Institute of British Architects (RIBA) has pulled a rabbit from the hat by publishing new guidance to ensure that stakeholder engagement is considered, when appropriate, a
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