PayrollOrg
JULY 7, 2023
Effective for wages paid on or after June 1, 2023, Utah withholding tables have been revised to reflect a reduction in the personal income tax rate that took effect January 1, 2023. The current personal income tax rate is 4.65%.
Proskauer's Employee Benefits & Executive Compensa
JULY 7, 2023
A potentially overlooked but important issue that public companies should have in mind when granting option or option-like awards is avoiding the unintentional appearance of “spring-loading” and “bullet-dodging,” both of which have been a recent focus of the SEC and shareholders and viewed as potentially poor corporate governance practices. “Spring-loading” is when a public company grants option or option-like awards shortly before the release of positive material nonpublic information, which is
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PayrollOrg
JULY 7, 2023
In this July 2023 edition of Compliance TV: Employers must check documents as Form I-9 flexibility ends July 31; OCSE changes name to Office of Child Support Services; WHD publishes opinion letter covering FMLA leave during holidays; Special Report: Panel answers questions at Payroll Congress--Part 1; and more.
Employee Benefits
JULY 7, 2023
At its core, employee voice represents the collective power of diverse ideas, insights, and perspectives within an organisation. Tapping into that collective intelligence can give your organisation a significant edge over competitors and help to increase the wellbeing and satisfaction of your staff – but the trouble is – encouraging employees to speak up about their thoughts and feelings can pose a challenge, especially when each of us have preferred ways of communicating.
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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.
Workplace Insight
JULY 7, 2023
We are part of the London Design Festival for the first time this year, developing an exciting new project that promises to mark a significant shift in the way we think about workplaces and sustainable design. We have partnered with Material Matters to create a space that will showcase the latest and most innovative thinking on sustainable office design, circularity, new materials and innovation.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Employee Benefit News
JULY 7, 2023
A cottage industry of career coaches who assist job seekers land WFH gigs has flourished amid fierce competition for remote work.
HR Lineup
JULY 7, 2023
In times of economic uncertainty or unexpected events, companies often face the difficult decision of reducing their workforce. Two common terms that emerge during such situations are “furlough” and “layoff.” While these terms are sometimes used interchangeably, they actually represent distinct employment situations with different implications for both employees and employers.
Employee Benefit News
JULY 7, 2023
From providing education around cannabis use, to rethinking PTO policies, employers should get creative with their wellness strategies.
McDermott Will & Emery Employee Benefits
JULY 7, 2023
Section 603 of the SECURE 2.0 Act requires catch-up contributions made by certain high-wage earners to be made on a Roth basis beginning in 2024. But it also contains one of the most talked about technical errors in the legislation, one that resulted in Congress eliminating all catch-up contributions—for everyone. Not surprisingly, that isn’t quite […] The post Just Catching Up?
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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!
Employee Benefit News
JULY 7, 2023
Phil Libin, CEO and company founder of Mmhmm, shares his stance on commuting in a post-pandemic world.
Employee Benefits
JULY 7, 2023
The top 10 most-read articles on www.employeebenefits.co.uk between 30 June – 6 July 2023 were: Tui UK enhances family leave policy Birmingham City Council unable to pay £760 million equal pay bill UK salary budgets expected to decline in 2024 Barclays updates childcare leave policy for US staff Trip.com Group introduces childcare subsidy Holland and Barrett accredited as menopause-friendly employer BNP Paribas enhances US fertility and surrogacy benefits Future Workforce Alliance introdu
Employee Benefit News
JULY 7, 2023
Black workers are often among the first to be fired as the economy begins to weaken, research shows.
Employee Benefits
JULY 7, 2023
Credit: Postmodern Studio / Shutterstock.com Emerald Publishing has enhanced its reward package with a raft of new benefits after an internal review revealed what its staff find important. Following the introduction of a monthly working-from-home allowance in January, Emerald has now implemented Summer Fridays, where its UK office will closes at 1pm every Friday until September.
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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
JULY 7, 2023
Robert Graham, CEO of Poll Everywhere, explains why his company is giving their employees longer weekends this summer.
Employee Benefits
JULY 7, 2023
Supermarket chain Tesco has extended its wellbeing provision for its more than 300,000 UK employees and their families to include a virtual GP service. Through the service, which is provided by Yulife, front-line staff, managers and their immediate family living in the same household will be able to access unlimited appointments with a GP seven days a week, to allow flexibility in managing their health.
15Five
JULY 7, 2023
As unpleasant as layoffs or a reduction in force (RIF) can be for everyone involved, sometimes they’re necessary for a business’s health and future growth. With the current economic climate—inflation, banking crisis, global conflicts, supply-chain issues, you name it—many companies across the globe have had to make that difficult decision. According to a survey by SoftBank Vision Fund , 62% of CHROs report they’ve cut their workforce in the past year.
Employee Benefits
JULY 7, 2023
More than nine in 10 (94%) employees rate working from home as the most important benefit to them because it increases their productivity and happiness, according to research by Business Name Generator. Its survey of more than 1,000 UK office-based workers, however, found that just 27% of respondents currently receive this benefit. The research also found that more than nine in 10 (93%) value flexible working hours and locations, while a cost-of-living payment is the most important benefit among
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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
WEX Inc.
JULY 7, 2023
The IRS’ use-or-lose rule governs flexible spending accounts (FSAs). This rule is one of the big differentiators between FSAs and other types of employee benefits. So what is the use-or-lose rule? And what does it mean for the upcoming plan year? We’ll answer those questions and more. What is a FSA? A flexible spending account (FSA) is an employer-sponsored benefit that allows employees to set aside a portion of their pre-tax salary to pay for qualified medical expenses or dependent care expens
Business Management Daily
JULY 7, 2023
The U.S. Supreme Court ruled on June 29 that the way Harvard and the University of North Carolina used race as an admissions factor to create a diverse student body is unconstitutional and violates the Constitution’s 14th Amendment. The decision in Students for Fair Admissions v. President and Fellows of Harvard College could affect employers that rely on diversity, equity, and inclusion programs to diversify their workforces.
AssuredPartners
JULY 7, 2023
Surety bonding is a crucial aspect of many industries, from construction to finance. But what exactly is surety bonding, and why is it so important? This article will explore the basics of surety bonding and provide valuable insights into how it works. What is Surety Bonding? Surety bonding is a type of insurance that guarantees the performance of a contract or obligation.
Business Management Daily
JULY 7, 2023
The U.S. Supreme Court ruled on June 29 that the way Harvard and the University of North Carolina used race as an admissions factor to create a diverse student body is unconstitutional and violates the Constitution’s 14th Amendment. The decision in Students for Fair Admissions v. President and Fellows of Harvard College could affect employers that rely on diversity, equity, and inclusion programs to diversify their workforces.
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.
AssuredPartners
JULY 7, 2023
Finding the right insurance coverage for your business is essential. In light of the recent news about Nationwide E&S/Specialty leaving the commercial auto market, it is crucial to acknowledge the impact this decision may have on your business. We understand the significance of this development and the challenges it presents. As a leader and trusted partner in the transportation industry, AssuredPartners Transportation is here to offer comprehensive insurance solutions and provide a seamless
Employee Benefits
JULY 7, 2023
By Jonathan Watts-Lay, Director, WEALTH at work “When it comes to securing our financial future there are often a number of decisions that must be made. A financial dilemma that many people consider is whether to prioritise reducing their mortgage debt or whether to increase the amount they pay into their workplace pension. However, there are many considerations to be aware of.
AssuredPartners
JULY 7, 2023
Caring for individuals with dementia can be a challenging task, especially when it comes to managing their behaviors during crisis situations. Crisis interventions are essential in providing immediate support and assistance to individuals experiencing distress or exhibiting challenging behaviors. In the context of dementia care, crisis interventions aim to de-escalate situations, ensure the safety of the patient and those around them, and prevent further escalation of behaviors.
The Workcomp Writer
JULY 7, 2023
The Supreme Court of Ohio recently affirmed a decision by a lower appellate court finding that an Ohio phlebotomist was not entitled to temporary total disability benefits when she sustained a work-related injury shortly after notifying her employer that she would like to transfer to the employer’s California office, but then discovered that her transfer could did not be acted upon because she did not have the appropriate California certifications [State ex rel.
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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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