PeopleKeep

DECEMBER 29, 2023

Offering health benefits as part of your compensation package is an excellent way to attract and retain employees. Employers that offer health benefits need to fully understand their income tax reporting obligations to avoid penalties from the IRS. Some health benefits operate on a pre-tax basis, while others operate on a post-tax basis. How you report them on your employees’ W-2 forms will differ depending on the type of benefit you offer.

Employment 105

Employment Taxes Employee Benefits 105

Business Management Daily

DECEMBER 29, 2023

Work is a part of life. Like our hunter-gatherer ancestors, survival today depends on going out and getting food if we want to eat. Survival these days doesn’t depend as much on running fast and dragging game back home (unless you count bringing in all the groceries in one trip), but it still requires effort. Communities are where cooperation and specialization allow each person to do their own thing and share their skills for everyone’s benefit.

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IT Construction Food Employment 103

Employee Benefit News

DECEMBER 29, 2023

From flexibility to expert advice, employers have a better shot of retaining talent when they offer support to employees caring for loved ones.

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PTO Management Employment Employee Retention 114

Darwinbox

DECEMBER 29, 2023

2023 was a year of New Territory, defined by technological advancements and cultural phenomena, all over the world, and at Darwinbox as well. Let’s look at the top 8 reasons that made 2023 a Year of New Territory. with a bonus at the end! Everywhere we look in 2023, we see ourselves in new territory. The world is changing fast! So many times this year we’ve traipsed into terra incognita, propelled by groundbreaking achievements, technological advancements, and cultural phenomena.

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Bonuses Technology 87

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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

Employee Benefit News

DECEMBER 29, 2023

Data shows that the $5,000 annual tax limit does not cover the average price of one child in center-based infant care.

Management 108

Management Taxes Employee Benefits 108

Employee Benefit News

DECEMBER 29, 2023

Leaders offer their tips for improving your approach to work and wellness in the new year.

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Management 98

CorpStrat

DECEMBER 29, 2023

In today’s ever-evolving job market, employers are beginning to recognize the value of offering long-term care insurance benefits to their employees. It’s not just about enticing and retaining top talent; it’s also about helping employees plan for their financial future with confidence. However, the concepts of long-term care insurance and disability insurance can sometimes be muddled, creating confusion in the minds of many.

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Disability Insurance Insurance Health Insurance Taxes 52

Minding the Workplace

DECEMBER 29, 2023

Image courtesy of clipart-library.com Dear Readers, I’ll close this calendar year with links to some of the most popular new and old articles about workplace mistreatment posted to this blog, as measured by stat reports. Here’s to a safe, healthy, and fulfilling 2024. 2023 articles Delving into the Dark Triad (October 2023) ( link here ) Long-term UIC study: Chronic workplace bullying can negatively impact targets for years; laws and policies needed (August 2023) ( link here ) Judith

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InterWest Insurance Services

DECEMBER 29, 2023

A new study has found that most employer-sponsored family health plans are increasingly unaffordable for workers due to rising costs and them footing a significant part of the premium, even with employer assistance. Workers at smaller firms, defined as those with fewer than 200 employees, are especially affected as they typically have to pay a larger share of the family coverage premium than their large-employer counterparts (38% vs. 25%), according to the 2023 Kaiser Family Foundation “Em

Deductions 98

Deductions Deductible Out of Pocket Cost Health Savings Account 98

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!

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