HR Digest

JANUARY 3, 2024

Promoting collective action is the hallmark of a labor union and the current Swedish strike that Tesla is facing is an obvious testament to that fact. The strike against Tesla began on 27 October when a company subsidiary refused to sign a collective agreement with IF Metall—a labor union that represents the Tesla mechanics in the region. Elon Musk, co-founder and CEO of Tesla, has long stood firmly opposed to labor unions, stating that they created negativity within a company, despite unions be

Transportation 142

Transportation Pension Government Employment 142

Employee Benefits

JANUARY 3, 2024

Credit: Artem Oleshko/Shutterstock Need to know: Employee motivation strategies need to factor in cost-of-living pressures and the increasing need for personal development. Motivating people to return to the office must be carefully balanced with the motivational aspects of the flexibility of remote and hybrid working. As skill shortages continue, reskilling and upskilling staff, particularly in digital skills, will become increasingly motivational in terms of personal development.

Net Pay 119

Net Pay Salary Finance Recruitment 119

PeopleKeep

JANUARY 3, 2024

If you’re an employer offering various employee benefit plans , you must understand your responsibilities regarding compliance and taxes. If the benefits you offer require filing Form 5500 with the Department of Labor (DOL), you must also deliver the Summary Annual Report (SAR) to plan participants. Luckily, the SAR is relatively simple to complete once you’ve completed Form 5500.

Employee Benefits 105

Employee Benefits Government Taxes Employment 105

Employee Benefits

JANUARY 3, 2024

The UK government has implemented reforms to simplify holiday pay calculations and entitlement as per the Working Time Regulations. These changes include the definition of irregular hours and part-year workers in relation to the introduction of the holiday entitlement accrual method and rolled-up holiday pay, the introduction of a method to calculate statutory holiday entitlement for irregular hours and part-year staff, and how much leave an irregular hour or part-year worker has accrued when th

Government 110

Government Employee Benefits Taxes IT 110

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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

Workplace Insight

JANUARY 3, 2024

We know, and have for a long time, that the workplace is in a state of near constant flux. The meteor strike of lockdown was an accelerant, not a deviation. It also laid bare -yet again – the faulty assumption that there is some sort of general evolution towards an idealised version of the office or conversely the universal adoption of remote or hybrid working, whatever it is.

Media 104

Media Technology IT 104

PeopleKeep

JANUARY 3, 2024

Each year, about 200,000 members 1 of the U.S. Armed Forces stationed in more than 140 military installations worldwide transition from active duty to either re-enter the civilian workforce or pursue higher education.

Education 103

Education Employee Benefits Recruitment 103

Employee Benefits

JANUARY 3, 2024

Credit: IB Photography / Shutterstock.com Pharmaceutical firms Takeda and Bristol-Myers Squibb and fast food chain McDonald’s have been named among the top 25 best places to work in Europe for 2023 by Best Places to Work. The international certification programme recognises employers across the world using workplace culture assessments and a global database of more than 25 million employees.

Pharmaceutical 105

Pharmaceutical Food Employment Employee Benefits 105

International Foundation of Employee Benefit Plans

JANUARY 3, 2024

In the hustle and bustle of our lives, sleep often takes a back seat to work demands, social obligations and the ever-present glow of screens. How many times this year have you found yourself burning the midnight oil, playing catch-up? The realm […] The post A Restful Resolution: Prioritizing Sleep Health in the New Year appeared first on Word on Benefits.

Employee Benefits 102

Employee Benefits 102

Wellable

JANUARY 3, 2024

Lifestyle spending accounts are flexible benefits accounts that employees can use as perk stipends to pay for health and wellness services or products. The post Lifestyle Spending Account: Comprehensive Guide & Top Providers appeared first on Wellable.

Technology 95

Technology 95

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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!

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BetterUp

JANUARY 3, 2024

Optimize your productivity with the best time management tools. Learn to streamline tasks, set deadlines, and track progress in one centralized location.

Management 102

Management 102

McDermott Will & Emery Employee Benefits

JANUARY 3, 2024

Beginning in 2024, employers and plan sponsors will need to implement new minimum eligibility rules, enacted by the SECURE and SECURE 2.0 Acts, that significantly expand eligibility for long-term, part-time employees to participate in employer-sponsored retirement plans. The new rules require that employers who maintain such plans provide employees who work at least 500 hours […] The post IRS Says Keep Those Class Exclusions Classy Under Long-Term, Part-Time Employee Rules appeared first o

Retirement Plan 90

Retirement Plan Employee Benefits Employment 401(k) 90

Employee Benefit News

JANUARY 3, 2024

The unexpectedly strong U.S. jobs market is only helping certain Americans keep spending while staying up-to-date on their bills.

Recruitment 98

Recruitment 98

15Five

JANUARY 3, 2024

When an employee consistently fails to meet expectations, managers must intervene to uncover what’s causing the performance issues and help the employee improve. This is where a performance improvement plan (PIP) can come into play. In this article, we’ll share four of the most common performance issues that create the need for a PIP and provide sample plans for each that managers can use as a development guide.

Construction 76

Construction Management Software Technology 76

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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

Employee Benefit News

JANUARY 3, 2024

Support from company leadership and financial assistance simplified Felicia Lewis's journey to adopting her three daughters.

Employee Benefits 102

Employee Benefits 102

HR Lineup

JANUARY 3, 2024

In a world that never sleeps, where demands and expectations are constantly on the rise, optimizing the 24-hour work cycle has become essential for success and well-being. Many individuals find themselves struggling to balance work, personal life, and self-care within the limited confines of a day. This article explores effective strategies to maximize the 24-hour work cycle, helping you achieve peak productivity while maintaining a healthy work-life balance.

Technology 73

Technology Utilities Healthcare Management 73

Employee Benefit News

JANUARY 3, 2024

New research ranked the best locations for job seekers looking to improve their work-life balance.

Recruitment 108

Recruitment Management 108

Employee Benefits

JANUARY 3, 2024

Despite three-quarters (72%) of HR directors stating that employee demands for a diversity, equity and inclusion (DEI) strategy are a major concern, just 17% introduced or invested in one in the past year, according to research by Barnett Waddingham. The risk, pensions, investment and insurance consultancy, which surveyed 300 HR directors and C-suite professionals, also found that growing pressures regarding operational costs (83%), supply chain costs (80%) and demands for higher employee pay (7

Pension 64

Pension Consulting Government Insurance 64

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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

Employee Benefit News

JANUARY 3, 2024

Social Security is getting a 3.2% boost this month — but retirees' expenses have risen by more than triple that rate since last year.

Retirement Plan 91

Retirement Plan 91

Employee Benefits

JANUARY 3, 2024

Credit: Robert Way / Shutterstock.com Insurance firm Axa has has enhanced employee benefits for its employees in Greater China to promote work-life balance in the workplace and provide support at different life stages. From 1 January, the organisation increased paid co-parent leave from 20 days to 40 days. It will also offer five days of paid fertility leave for employees who receive assisted reproductive services, such as in-vitro fertilisation treatment and embryo transfer, and if an employee’

Health and Welfare 59

Health and Welfare Paid Leave Parental Leave Work From Home 59

Employee Benefit News

JANUARY 3, 2024

Aaron Smith, co-founder of Savi, shares how employers can help workers eliminate student loan debt.

Employment 103

Employment 103

Global People Strategist

JANUARY 3, 2024

Businesses expand their operations across borders in our increasingly interconnected world, creating complex legal considerations. One crucial aspect that demands attention is International Employment Law. Understanding the intricacies of these laws is paramount for companies aiming to navigate the challenges of a global workforce while ensuring compliance and effective management.

Employment 52

Employment IT Overtime Government 52

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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

Employee Benefit News

JANUARY 3, 2024

Fixed medical indemnity plans represent an affordable option for low-wage and part-time employees.

Medical 97

Medical Healthcare 97

HR Professionals Magazine

JANUARY 3, 2024

By Nick Pearce It’s likely that many of you just wrapped up open enrollment season in the 4 th quarter of 2023. First, congratulations on making it through to the other side! But don’t turn the page on 2023 just yet. Open enrollment is unique because it’s usually one of the only times each year that you have the attention of your entire workforce at once.

Voluntary Benefits 52

Voluntary Benefits Benefits Package Education Healthcare 52

Professionals Alternative

JANUARY 3, 2024

[link] Mastering the Role: The Key Responsibilities of a Proactive Procurement Coordinator for Enhanced Performance Introduction to the Proactive Procurement Coordinator Role As a Proactive Procurement Coordinator, I have come to understand the importance of taking a proactive approach to procurement coordination. The role of a Procurement Coordinator is crucial in ensuring the smooth and efficient functioning of the procurement process.

Construction 52

Construction Management IT 52

Best Money Moves

JANUARY 3, 2024

3 impacts of employee student debt in 2024. Student debt payments have resumed following 3 years of forbearance. Learn how student debt could impact your team during 2024. After a three-and-a-half-year forbearance period, federal student debt payments resumed in October of 2023. Depending on the individual, student debt can pose anything from a minor headache to a crippling financial hurdle that delays other milestones for years to come.

401(k) 52

401(k) PTO Education Finance 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