PayrollOrg
NOVEMBER 30, 2023
In this December 2023 edition of Compliance TV: IRS Announces 2024 COLAs for Transportation Fringes, FSA Deferrals, Foreign Earned Income Exclusion, and More; Two States, Virgin Islands Subject to FUTA Credit Reduction for 2023; SSA Offers Tips to Employers Before Filing Season Begins; IRS Provides More Information on ERC Withdrawal Process.
Employee Benefit News
NOVEMBER 30, 2023
Baby boomers may be wealthier, but millennials have benefited from a number of retirement reforms, new research shows — and they still have more time to save.
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Employee Benefits
NOVEMBER 30, 2023
Unhappy employees take nine more sickness days on average per year as opposed to their happier counterparts, according to new research by WPI Economics. Commissioned by employee benefits provider Unum UK, the survey of more than 4,000 UK employees revealed that this is costing the economy £11 billion per year through lost productivity, and that the average unhappy, unproductive worker loses nine hours of productive time per week.
Employee Benefit News
NOVEMBER 30, 2023
The CEO of Good Jobs KC explains how he's creating work pathways for young people, and why it's critical to understanding the needs of Gen Z.
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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.
Employee Benefits
NOVEMBER 30, 2023
Why is it always me that gets seconded to work on mergers and acquisitions? What makes it worse this time, is they have sent me to Coventry. Literally. I have to work there three days a week to help with preparing for the sale. It is ridiculous because the data ‘room’ is virtual anyway, but all the key Higher Beings involved in the project work out of that office and someone has decided I should be there too.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
PeopleKeep
NOVEMBER 30, 2023
If you offer employee benefits to workers in the United States, there’s a very good chance they fall under the regulations of the federal Employee Retirement Income Security Act of 1974 (ERISA) 1. Congress enacted ERISA to protect the interests of employees who participate in your benefit plans. It set minimum standards and created documentation requirements to ensure employees receive the benefits they’re entitled to.
Employee Benefit News
NOVEMBER 30, 2023
Tina Wang, VP of HR at ADP, breaks down how small businesses can retain new talent despite their financial limitations.
Business Management Daily
NOVEMBER 30, 2023
What does being a manager involve? A better question might be “What doesn’t it?” Managers play a crucial role in virtually all areas of the business environment — from day-to-day operations to employee performance to company growth. And, while attending to all these responsibilities, managers also must look out for their own present and future well-being.
Employee Benefit News
NOVEMBER 30, 2023
Experts in tech and HR share their insight on what happened at the leading AI company — and how organizations across every industry can avoid it.
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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.
Qandle
NOVEMBER 30, 2023
Offboarding is a crucial aspect of the employee lifecycle that often receives less attention than onboarding. However, a well-structured offboarding process is equally essential for maintaining positive employer-employee relationships, preserving institutional knowledge, and ensuring a smooth transition. In this blog, we’ll delve into the key components of an effective offboarding process, exploring its significance, best practices, and potential challenges.
InterWest Insurance Services
NOVEMBER 30, 2023
American employers are trying to meet their workers’ mental health needs as they struggle with burnout and stress from their jobs and finances, according to a new report. The annual “ Aflac WorkForces Report ” found that more than 50% of American workers experience burnout in their workplace. Additionally, 57% experience work-related stress, with heavy workloads the biggest stressor among young workers.
BetterUp
NOVEMBER 30, 2023
What is a career path? It's a long-term plan that includes specific jobs that lead to desirable occupation. Discover types of career paths with examples.
Employee Benefit News
NOVEMBER 30, 2023
A sale would remove one obstacle to a tie-up between Cigna and Humana, a combination sure to face antitrust scrutiny.
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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.
International Foundation of Employee Benefit Plans
NOVEMBER 30, 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: Court Allows a Life Insurance Conversion Dispute to Move Forward appeared first on Word on Benefits.
Employee Benefit News
NOVEMBER 30, 2023
The shift to a SUB plan maximizes benefits while minimizing costs.
McDermott Will & Emery Employee Benefits
NOVEMBER 30, 2023
California Governor Gavin Newsom recently signed Assembly Bill 352 and Assembly Bill 254 into law, effective January 1, 2024. Through these new laws, California seeks to mitigate the risk of out-of-state prosecution of individuals seeking abortions or gender-affirming care. These bills include significant changes to California privacy and health information interoperability laws that will impact […] The post California’s New Reproductive Privacy Laws Create Information-Sharing Complexities
BetterUp
NOVEMBER 30, 2023
Jump to section What are vocational skills? What’s a vocational skill everyone needs to learn?
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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!
Workplace Insight
NOVEMBER 30, 2023
Generative AI will have a much greater impact on white collar roles than blue collar ones over the next 10 years, according to a new report from Pearson. In at least ten white collar roles, more than 35 percent of tasks could be done by AI, with medical secretaries (41 percent) predicted to be the most impacted. Conversely, every of one of the top 10 least impacted are classed as blue collar, revealing launderers, dry cleaners and pressers (0 percent) as the UK’s most AI-proof job.
Proskauer's Employee Benefits & Executive Compensa
NOVEMBER 30, 2023
Public companies nationwide have spent their summer and fall compensation seasons finalizing compensation clawback policies ahead of the December 1, 2023 deadlines set by the New York Stock Exchange (the “NYSE”) and the Nasdaq Global Market (“Nasdaq”), as applicable, as mandated by Section 954 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (“Dodd-Frank”).
Workplace Insight
NOVEMBER 30, 2023
Walking into Bristol-based artist Gail Reid’s studio, I literally stopped in my tracks! There it was a painting of everything I had been researching and writing about with workplace strategist Chris Kane for our book “Where Is My Office?” both pre-and post-pandemic. Gail, was a Semi-Finalist in this year’s Sky Art’s Portrait Artist Of The Year – alas she didn’t make the final – although she impressed everyone with her talent and charisma.
Employee Benefits
NOVEMBER 30, 2023
Black, African, Caribbean or Black British UK employees earned less than White employees in 2022, with medians of £13.53 and £14.35 per hour respectively, according to new research by the Office for National Statistics (ONS). After using personal and work characteristics to provide an adjusted pay gap based on a like-for-like comparison, the findings highlighted that UK-born White employees earned more on average than most ethnic minority employees.
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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.
Bayzat
NOVEMBER 30, 2023
The payroll function of any company is crucial, and the calculation of overtime pay before processing employee payments is an essential aspect of it. In the United Arab Emirates (UAE), there are specific laws and regulations that govern how employers should handle overtime pay for their employees. However, this process can often be confusing and complicated for employers to follow.
Employee Benefits
NOVEMBER 30, 2023
Multinational contract foodservice firm SSP Group has appointed Ann-Marie Murphy as its new chief people officer. Murphy will take up the role early next year. She will join from The Gym Group, where she has worked since 2018, initially in the role of director of people and development, later as chief people officer, where she set up its people function, designing and delivering strategies for talent, learning and development, performance, inclusion , and reward, and finally as chief operations
Darwinbox
NOVEMBER 30, 2023
Are you struggling to keep track of your business goals and ensure alignment across teams? Look no further than OKR (objectives and key results) software. In this ultimate guide, we will explore what OKR software is, how it helps businesses align their goals and track progress, the key features it offers, the benefits of using it, how to choose the right software for your organization, and tips for successful implementation.
Employee Benefits
NOVEMBER 30, 2023
What are home technology schemes ? A home technology scheme allows employees to purchase a new piece of technology and spread the cost through monthly payments. Employees are able to purchase things like smartphones, tables, televisions, smart watches and fitness trackers, as well as large and small domestic appliances. Employees are able to purchase products from popular brands, such as Apple, Nintendo and Samsung.
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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
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