Employee Benefit News

MAY 31, 2023

Recruitment 98

Recruitment 98

Money Talk

MAY 31, 2023

As I noted in a previous post , I periodically summarize notes taken from various webinars that I think might be useful to others. Below are seven information tidbits that caught my eye: Defensive Investing- Financial markets were volatile in 2022 and, for a while, “there was no (good) place to hide.” Stocks and cryptocurrencies experienced big drops in value, bond prices decreased when interest rates rose, and cash assets were eroded by high inflation.

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Finance Taxes Pension Education 246

PayrollOrg

MAY 31, 2023

PayrollOrg’s Government Relations Task Force State and Local Topics Subcommittee offered concerns and recommendations about Missouri S.B. 452.

Overtime 104

Overtime Taxes Government 104

Employee Benefits

MAY 31, 2023

What are group dental plans? Dental plans are a type of insurance or cash plan that specifically cater for oral health, helping staff afford regular dentist visits for preventative and routine care, such as accident and emergency cover, crowns, implants and fillings, as well as larger issues such as treatment for oral cancer. Dental cover can either be provided in the form of traditional insurance, where staff can make a claim for the diagnosis and treatment of conditions that develop after taki

Insurance 105

Insurance Taxes Deductions Deductible 105

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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.

Employment

AssuredPartners

MAY 31, 2023

First-Time Home Buyers Insurance Guide Buying a home can be one of the largest purchases we make in our lifetime. As if the home buying process isn’t stressful enough, choosing the right insurance can be overwhelming or cause questions to arise. Ensuring our investment is properly protected is a must, so we put together a first-time home buyers' insurance guide to help you navigate the process: Evaluate Insurance Costs With inflation continuing to rise, the costs of building materials have

Insurance 98

Insurance Deductions Deductible Education 98

WEX Inc.

MAY 31, 2023

Dental expenses can be a significant financial burden, especially when unexpected dental procedures arise. For those who have health savings accounts (HSAs) or medical flexible spending accounts (FSAs) , there are opportunities to save money on these expenses. We answer a few common dental-related questions as it relates to your HSA or medical FSA. Can I use my HSA or medical FSA to pay for dental expenses?

Medical 98

Medical Flexible Spending Account Health Savings Account Flexible Spending 98

Employee Benefits

MAY 31, 2023

Nearly half (46%) of employees aged 18 to 34 believe their organisations could play a more active role in alleviating cost-of-living financial burdens , according to new research. The Sodexo Engage report The mountain of lost benefits: closing the expectation gap found that 53% of employees in the same age group feel more loyal towards their employer if they feel supported at work, but only 18% leverage their benefits to help maximise their salary.

Employment 98

Employment Retail Medical Salary 98

Best Money Moves

MAY 31, 2023

3 ways financial stress impacts different generations. Learn more about how financial stress can vary across generations — plus what you can do to dial down your employees’ financial worries. Money habits vary across the generations in your workforce. After all, the financial needs of a Gen Z employee are going to be different than those of Baby Boomer.

Retirement Plan 93

Retirement Plan Banking Finance Overtime 93

Darwinbox

MAY 31, 2023

According to Gartner, IT executives see the talent shortage as the most significant adoption barrier to 64% of emerging technologies, compared with just 4% in 2020. The answer to combating this shortage lies in talent management. The article highlights the importance of talent management in IT and ITeS enterprises. The dynamic nature of these industries and the constant need for upskilling employees make it essential for organizations to invest in talent management.

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Management IT Technology 93

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!

IT

15Five

MAY 31, 2023

We are excited to announce that 15Five has won a prestigious Talent Management HR Tech award from Lighthouse Research & Advisory. For over ten years now, the Lighthouse team has been serving HR, talent, and learning professionals with practical research and advice. The purpose of this award program is to help buyers and employers understand some of the best companies in the industry for technology selection needs.

Parental Leave 90

Parental Leave Technology Management Employment 90

Darwinbox

MAY 31, 2023

According to Gartner only 28% of CHROs surveyed are confident in their HR function's ability to execute workforce planning successfully. Workforce planning has become a critical business function, and it is no longer just about staffing. This article will explore the varied requisites of workforce planning among businesses, the types of workforce planning, the trends affecting the planning process, and how technology can aid the planning process.

Technology 90

Technology IT 90

McDermott Will & Emery Employee Benefits

MAY 31, 2023

For decades, promoters have marketed programs to employers seeking to leverage the favorable tax treatment accorded employer-provided medical benefits. These programs are variously described as “wellness” or “preventive services” arrangements, and they are usually wrapped in or offered with hospital indemnity policies. While varying in their design features and terminology, these programs all hold out […] The post Buyer Beware: The Newest Wave of Hospital/Fixed Indemnity Programs Promising

Hospitality 70

Hospitality Taxes Payroll Medical 70

15Five

MAY 31, 2023

One-on-ones are an essential part of performance management. The meeting between a manager and direct report is uninterrupted, pre-scheduled time to discuss work projects, problem solve, remove blockers, and discuss professional goals and career development. There’s no one-size-fits-all one-on-one template to follow. But by using the framework outlined below, you’ll get the most out of your one-on-ones and run a customized meeting that fits the needs of your organization and direct reports.

Media 69

Media Construction Software Management 69

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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.

Management

HR Lineup

MAY 31, 2023

In today’s competitive business landscape, organizations are increasingly realizing the importance of employee satisfaction and engagement. Happy and motivated employees not only contribute to a positive work environment but also play a crucial role in driving business success. To assess the overall sentiment and loyalty of employees, many companies have adopted the Employee Net Promoter Score (eNPS) as a valuable metric.

Health Insurance 68

Health Insurance Insurance Employee Wellness Management 68

Employee Benefits

MAY 31, 2023

Cheshire-based B2B PR and communications agency Skout has become 100% employee owned through an employee ownership trust (EOT) to secure its long-term independence. The EOT now has a 100% controlling interest in the business, acting as a guardian of its values and culture , and ensuring its direction remains in employees’ best interests. Founder Rob Skinner and director Claire Lamb will continue to serve on the management team for the foreseeable future.

Consulting 59

Consulting Employee Benefits Management IT 59

Assurance Agency

MAY 31, 2023

Nuclear verdicts happen when a claim goes to trial and a large and unexpected financial penalty is awarded, usually over $10 million. Plaintiff attorneys are successful in getting juries to award these large sums by playing into fear, sympathy and the hope similar incidents will be prevented because of it. Not only are the financial penalties steep, nuclear verdicts also cause insurance renewals to see significant premium increases.

IT 52

IT Transportation Insurance Consulting 52

Employee Benefits

MAY 31, 2023

Virgin Media O2 employees have accepted a pay deal that includes consolidated rises in excess of 7, 8 or 9% this year, as well as a £400 cash lump sum to be paid in June. A total of 86.5% of staff, who are represented by trade union Communication Workers Union (CWU), voted in agreement of the offer, which is largely aimed at those earning up to £50,000 per annum.

Media 59

Media Salary Construction Employee Benefits 59

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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

Paid Leave

HR Digest

MAY 31, 2023

As June unfolds, marking Pride month in the United States, our social media feeds become inundated with vibrant rainbow logos, particularly the “Philly Pride” variant adorned with black and brown stripes, accompanied by the rallying cry of “Love Is Love.” However, these once-revolutionary expressions seem to be losing traction among a diverse range of individuals, including members of the LGBTQ+ community—those for whom these gestures of solidarity were originally intende

Media 52

Media Education Parental Leave Utilities 52

AssuredPartners

MAY 31, 2023

As professionals in the field of senior living, it is essential to stay up-to-date with the latest advancements, best practices, and emerging trends. AssuredPartners Senior Living’s complimentary webinar series has been designed to provide valuable insights and continuing education credit. Expert Speakers: Our webinar series features an esteemed lineup of expert speakers who are leaders in the senior living industry.

Education 52

Education Medical Management IT 52

Shareforce

MAY 31, 2023

An employee incentive plan is a compensation structure that rewards and encourages staff to work harder and achieve specific goals. Through incentive plans, businesses can increase retention rates, reward valuable staff, increase productivity, maximise profits, achieve company-set objectives and encourage staff to invest more in the organisation’s success.

Employee Incentives 52

Employee Incentives Incentive Compensation Payroll System Bonuses 52

Professionals Alternative

MAY 31, 2023

Unleashing Growth: The Role of an Outreach Coordinator ‍ Photo by GreenbeltCoop on Pixabay ‍In today’s competitive business landscape, organizations need to constantly evolve and adapt to stay ahead of the curve. Unleashing growth and driving expansion are critical aspects of remaining competitive and ensuring long-term success. One key role that plays an instrumental part in the execution of growth strategies and business expansion initiatives is the Outreach Coordinator.

Management 52

Management IT 52

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.

IT

InterWest Insurance Services

MAY 31, 2023

Each year, InterWest recognizes employees who are identified by their co-workers as having demonstrated an extraordinary commitment to their clients, workmates as well as their community. This partnership between work and giving back makes them stand out for their invaluable contributions. Kelley Hoag Account Executive, Employee Benefits Department Chico, California Kelley manages a significant number of large and sophisticated clients, many of which have multiple complex and ongoing projects.

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Employee Benefits Management Insurance 52

McNees

MAY 31, 2023

McNees’ Benefits Group will be issuing a “ Did you know? ” series throughout the year providing short compliance reminders. Did you know that qualified retirement plans may now allow a participant with a terminal illness to receive distributions from their retirement accounts without incurring the usual 10% penalty? The employer will need to amend the retirement plan to allow for such distributions.

Retirement Plan 52

Retirement Plan Employment Employee Benefits 52

HR Lineup

MAY 31, 2023

Podio is a web-based collaboration and project management platform designed to help teams and businesses streamline their workflows and improve productivity. Developed by Citrix, Podio offers a flexible and customizable workspace that enables teams to organize, communicate, and collaborate on various projects and tasks. At its core, Podio provides a centralized hub where team members can create workspaces, known as “Pods,” to organize and manage their projects.

Management 52

Management IT 52

Employee Benefits

MAY 31, 2023

Following the UK government’s commitment in March 2022, on 17 April this year it published its guidance on ethnicity pay gap reporting. Unlike gender pay gap reporting, ethnicity pay reporting is voluntary. Many elements of the government’s guidance align with gender pay gap reporting guidance, particularly the calculations. The guidance acknowledges that ethnicity pay reporting is more complex than gender pay reporting.

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Government Consulting Employment Employee Benefits 52

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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?

Utilities