Wed.Jun 07, 2023

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Juneteenth Continues to Grow as a Paid Holiday Offering

International Foundation of Employee Benefit Plans

Juneteenth has been celebrated by African Americans since the late 1800s. In June of 2021, President Biden signed a bill establishing Juneteenth as a new federal holiday. Juneteenth National Independence Day is the 12th legal public holiday in the United States and is the […] The post Juneteenth Continues to Grow as a Paid Holiday Offering appeared first on Word on Benefits.

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Medical Protection Society receives menopause-friendly accreditation

Employee Benefits

Healthcare profession support organisation Medical Protection Society (MPS) has been awarded a menopause-friendly accreditation due to its commitment to talking openly about it and putting the right help in place. Established by Henpicked: Menopause In The Workplace, the accreditation recognises high standards and proven practices that embrace menopause in the workplace.

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Possible Extension of Clawback Rule Effectiveness is Welcome Development for Issuers

Proskauer's Employee Benefits & Executive Compensa

Issuers that have been scrambling to prepare their boards and executives for accelerated implementation of compliant Dodd-Frank clawback policies will be glad to hear that the NYSE and Nasdaq have filed amendments to their proposed clawback rules to extend the effective date that would apply if the proposals are approved until October 2, 2023. If approved, the amendments would give listed companies until December 1, 2023 (60 days after the effective date of the rules) to adopt a compliant Dodd-F

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What does it mean to be an employer of choice in today’s labour market?

Employee Benefits

The Covid-19 pandemic and cost-of-living crisis have changed which benefits employees value the most and what employers offer. Organisations that balance their own needs with those of their employees are likely to succeed in attracting and retaining talent as an employer of choice. With the right approach, employers can build a supportive and inclusive work environment in both a hybrid setting as well as a formal workplace.

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Balancing Cost and Care: 3 Key Considerations for Cost Optimization in 2024

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.

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OCSE Changes Name to OCSS

PayrollOrg

The Office of Child Support Enforcement (OCSE) has changed its name to the Office of Child Support Services (OCSS).

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Flexible working means large firms plan to work with less but better office space

Workplace Insight

Around half of the world’s larger multinationals are planning to cut back on their office estate in response to the rise of flexible and hybrid working, according to a new report from Knight Frank. According to the study, 50 percent of employers with more than 50,000 staff worldwide will reduce their office space by between 10 and 20 percent over the next three years.

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Why Incentives Are Key To Employee Onboarding, Retention and Engagement

Darwinbox

In today's hyper-competitive job market, organizations are constantly seeking effective strategies to attract, retain, and engage talented employees. One of the most powerful tool s is employee incentives. This article delves into the deep connection between incentives for employees and key aspects of employee management, shedding light on how organizations can harness this relationship for maximizing employee onboarding, employee retention, and employee engagement.

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A Complete Guide to HR Career Paths

HR Lineup

In today’s dynamic business landscape, Human Resources (HR) has become a pivotal function within organizations. Human Resources (HR) is a critical function within organizations, responsible for managing the most valuable asset: people. As businesses recognize the importance of attracting, developing, and retaining top talent , the demand for skilled HR professionals continues to grow.

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Why mental health offerings are failing LGBTQ employees

Employee Benefit News

Keren Lehavot from Lyra Health speaks on mental health realities within the queer community — and how employers can help.

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Individual Development Plan Template

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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25 toxic personality traits to spot in yourself and others

BetterUp

Jump to section Toxic traits What are personality traits?

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HSA/HDHP Limits Will Increase for 2024

Griffin Benefits

On May 16, 2023, the IRS released Revenue Procedure 2023-23 to provide the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2024. The IRS is required to publish these limits by June 1 of each year. These limits include: The maximum HSA contribution limit; The minimum deductible amount for HDHPs; and The maximum out-of-pocket expense limit for HDHPs These limits vary based on whether an individual has self-only or family coverage under an H

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5 challenging interview questions to prepare for

Employee Benefit News

Keith Spencer, career expert at Flexjobs, shares how candidates can effectively answer tricky interview questions.

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The Pros of Offering More Knowledge to Your Employees

Hppy

A workforce or group of employees who have no desire to acquire new skills or are not given any opportunity to invest in their further learning and growth is likely to become stagnant sooner or later. It is a significant risk for companies and organizations to have a stagnant team as their workforce in this era of cutthroat competition and fast-paced technologies.

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The Ultimate Performance Review Checklist

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.

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Roq uses benefits and employee promise to build reputation as employer of choice

Employee Benefits

In order to position itself as an employer of choice, UK-based engineering consultancy Roq offers its workforce a range of benefits to attract and retain top talent. It provides its 120 employees with wellbeing and financial benefits including help towards healthcare costs through a health cash plan, enhanced sick pay , enhanced maternity and paternity pay, enhanced employer pension contribution rate of 6%, long-service awards, and both employee and client referral incentives.

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3 Top Wellness Benefits for LGBTQ+ Employees

Best Money Moves

3 top wellness benefits for LGBTQ+ employees. Encourage pride year-round with these three top wellness benefits to support your LGBTQ+ employees. According to a 2022 Catalyst study, almost a quarter of LGBTQ+ Americans have experienced some sort of discrimination when applying for jobs. Almost half claim to have experienced forms of unfair treatment due to their sexual orientation or identity.

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Durdans Stables to pay £4,000 in maternity discrimination case

Employee Benefits

Durdans Stables has been ordered to pay a former female groom more than £4,000 after an employment tribunal found that she had been discriminated against. Charlotte Holloway began working at the Epsom, Surrey-based stables in October 2018. Her employer had asked her to change her working days and hours while she was on maternity leave in early 2021, but was unable to due to childcare commitments.

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Wage growth is slowing sharply in US job postings, Indeed says

Employee Benefit News

The software industry is among those with a downward trend in jobs and salaries.

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Want To Enhance Your Total Rewards To Achieve Organizational Success? Start Here.

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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The Ultimate Guide to Unlimited PTO: Best Practices and Implementation Strategies

Wellable

Is unlimited PTO the holy grail of work-life balance, or does it fall short of its promises? Unlock its potential with our ultimate guide to unlimited PTO. The post The Ultimate Guide to Unlimited PTO: Best Practices and Implementation Strategies appeared first on Wellable.

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Employer health insurance is a misplaced responsibility

Employee Benefit News

Rather than putting employees into cookie-cutter programs to control costs, they would be better served with an ICHRA.

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Employers Can Sue Unions: Verdict Cements the Employees Ability to Strike

HR Digest

The Supreme Court dealt a serious blow to a core protection of workers, the right to strike. The court held that unions can be sued for the “foreseeable” damages their strikes cause employers a sweeping threat to the federally protected right, because virtually all strikes pose a “predictable” danger of harm. The strike by graduate students at the University of California in 2022 was when some of the students did not get their grads on time.

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Google Cloud launches consulting services to help clients use AI

Employee Benefit News

The move comes as businesses across industries seek to capitalize on the wave of interest in the new technology.

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How to Build the Ideal HR Team

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.

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Five habits for preventing digital overload

Employee Benefits

The constant connection to the online world often leads to digital overload, which can have a negative effect on the mental and physical health of employees and business owners. What can we do to prevent digital overload? David McCormack, CEO of employee perks and benefits provider HIVE360 investigates. Digital overload has been found to have played a part in increasing worldwide levels of anxiety and depression worldwide, according to the findings of the Gympass State of Work-Life Wellness Repo

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GREAT NEWS – COMPackage 3.0 is Here!

COMPackage

Click to Expand COMPackage 3.0 brings a host of new features and improved usability to COMPackage Total Compensation Statements. Here are three of the top new features. 1. Hourly Top Box Scores Visually show the total hourly rate. ( read more ) 2. Illuminative Metrics Show all kinds of useful compensation-related information that is excluded from total compensation calculations. ( read more ) 3.

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Yvonne Gallagher: Deliveroo rider worker status appealed at Supreme Court

Employee Benefits

The Independent Workers Union of Great Britain, which represents a number of riders working for the app-based delivery service Deliveroo, has appealed to the Supreme Court seeking support for its claim that it should be entitled to be recognised by Deliveroo for the purposes of collective bargaining rights for its riders. Under English law, the Trade Union and Labour Relations (Consolidation) Act 1992 allows for trade unions to seek mandatory recognition where they have support among the relevan

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Employee Wellness Programs: 10 Metrics for Success

Flimp Communications

Data and experience prove that employee wellness programs can boost productivity, reduce healthcare costs, and improve your company's bottom line. But how — and what — should you measure? The post Employee Wellness Programs: 10 Metrics for Success appeared first on Flimp.

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An HR Leaders Guide: 7 Questions To Ask When Developing Your Cancer Strategy

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?