Fri.Aug 18, 2023

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New Vermont Payroll Tax Takes Effect Next Year

PayrollOrg

Effective July 1, 2024, Vermont employers will be required to make contributions for a new state payroll tax. A portion of the tax may be withheld from employee wages, and the rest must be paid by the employer.

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The top 10 most-read articles between 11 – 17 August 2023

Employee Benefits

The top 10 most-read articles on employeebenefits.co.uk between 11 – 17 August were: Tesco Ireland enhances staff health and wellbeing benefits 30% of staff prefer CDC pension for decumulation over an annuity or drawdown ScotRail staff accept improved pay deal Exclusive: A fifth of employees worry about money every day Median monthly pay up 7.8% year-on-year Cepac staff strike over pay and conditions The Watches of Switzerland Group accredited as living wage employer Scottish Opera and Ro

Pension 98
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HR Value Delivery: Power of HR to Transform Organizations

HR Digest

In the ever-changing landscape of the business world, HR professionals face the challenge of delivering value to their organizations. The concept of HR value delivery encompasses the ability of HR departments to not only meet the needs of the business but also to create a positive impact on the overall success of the organization. In this article, we will explore the key aspects of HR value delivery and how HR can unleash its power to transform organizations.

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BaxterStorey enhances employee benefits package

Employee Benefits

Hospitality business BaxterStorey has enhanced its employee benefits package to support its 8,000 UK staff through various life stages and circumstances. The firm has introduced 24 weeks of fully paid enhanced maternity leave to ensure new mothers have the support they need to balance the demands of work and family. It has also replaced its paternity leave policy with a more inclusive secondary carer leave so new parents, regardless of their gender, can take four weeks of paid leave to support t

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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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Two District Courts Reach Conflicting Holdings Over Excessive Recordkeeping Fee Claims

Proskauer's Employee Benefits & Executive Compensa

Two District Courts have reached conflicting decisions on the same day when ruling on substantially similar allegations that plan fiduciaries violated ERISA by paying too much for recordkeeping services, with one court dismissing the claims and the other court allowing the claims to move forward into the (often expensive) discovery phase of litigation.

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Big Changes to IRS Electronic Filing Requirements in 2024

Patriot Software

On February 21, 2023, the IRS made significant changes to the electronic filing requirements that will take effect in 2024. The IRS electronic filing changes may impact you if you have employees, work with independent contractors, or meet other requirements.

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Improve workplace wellbeing almost immediately with these 7 strategies

Employee Benefits

Don’t get us wrong – building up and maintaining employee wellbeing and a healthy culture is a massive and ongoing mission. But there are simple ways to improve your team’s wellbeing pretty quickly and without a whole lot of effort! Let’s dive in. 1. Introduce pulse surveys You’ve heard us say it time and time again – listening to the voice of your employees is absolutely vital to their wellbeing, and the overall culture of your workplace.

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A recipe for resilience: How Zendesk is helping employees manage their stress

Employee Benefit News

A well-rounded set of mental wellness offerings and efforts is helping employees maintain a healthier life in and out of work.

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Accomplishments on Your Resume: How to List Achievements

BetterUp

Jump to section Should I include work accomplishments on a resume?

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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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Almost half of Americans see automation replacing their jobs

Employee Benefit News

Healthcare employees viewed themselves as the least exposed, according to an American Staffing Association survey.

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Using Employee Perks to Beat Inflation

TalentCulture - Employee Benefits

Sponsored by Abenity Employee perks are like mom and apple pie. Who doesn’t love them? Still, employers may hesitate to invest in “extras” like perks programs in this shaky economy. But perks and discounts are much more than just a fun way to help employees feel special. They’re also a smart talent strategy. Want proof? […] The post Using Employee Perks to Beat Inflation appeared first on TalentCulture.

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It takes a village: Benefits for the whole family

Employee Benefit News

Employees want support for themselves and their children with the benefits their workplace offers.

IT 87
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Leave Management Solutions

HR Lineup

Leave Management Solutions is a comprehensive and user-friendly online platform that revolutionizes the way businesses handle employee leave management. As a prominent and cutting-edge software solution, it caters to the needs of small, medium, and large enterprises alike, streamlining their leave management processes while enhancing productivity, accuracy, and compliance.

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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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Business insurance policy reviews: How often should you check your coverage?

Higginbotham

As your business grows and your risks evolve, your insurance needs will change. Coverage that worked well for you in the past may no longer meet your requirements. The worst time to realize this is when you’re facing a claim. But, regular business insurance policy reviews can help you proactively manage your insurance coverage and help ensure you have the coverage you need when you need it.

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AbsenceSoft

HR Lineup

AbsenceSoft is a cutting-edge cloud-based software solution that empowers organizations to efficiently manage employee absences, streamline leave tracking, and optimize workforce productivity. With its user-friendly interface and comprehensive features, AbsenceSoft simplifies the complex process of managing leave and attendance, making it an indispensable tool for human resources professionals and businesses of all sizes.

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How to prepare your home for a hurricane

Higginbotham

Hurricanes are forces of nature that can strike unexpectedly, leaving little time for preparation. However, in the face of uncertainty, there are some steps you can take to help protect your home, yourself and your loved ones when an imminent hurricane looms on the horizon. By implementing these strategies, you can be better prepared to navigate the challenges posed by these powerful storms.

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Cocoon

HR Lineup

Cocoon is an innovative and user-friendly leave management software designed to streamline and automate the process of managing employee leave requests within organizations. With its intuitive interface and powerful features, Cocoon simplifies the leave management process, helping HR departments and managers efficiently track, approve, and monitor employee time off, ensuring a seamless workflow and enhanced productivity.

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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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Role Ambiguity: How It Impacts Employee Retention and How to Avoid It

BerniePortal

What is Role Ambiguity? Role ambiguity occurs when an employee is not given a clear job description; there aren’t defined objectives for the role and the responsibility breakdown is vague. The employee is left confused and uncertain how to most effectively do their job and may exert energy completing insignificant tasks and managing numerous responsibilities that don’t align with their intended goals or job title.

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PeopleStrategy

HR Lineup

PeopleStrategy is a leading provider of cloud-based HR software and benefits administration solutions, offering a comprehensive suite of tools to streamline and optimize human resources management for businesses of all sizes. With a commitment to providing cutting-edge technology and exceptional customer service, PeopleStrategy empowers organizations to enhance their HR operations, improve employee experiences, and drive strategic decision-making.

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Three Facts Every Employer Should Know about Code Section 4980H Penalties

Snell & Wilmer Benefits

Despite many legal challenges, the Affordable Care Act remains the law of the land. In particular, Code Section 4980H imposes penalties on large employers for failure to offer minimum essential coverage to 95% or more of their full-time employees (and dependents) or to provide affordable, minimum value health insurance. The IRS continues to enforce Code Section 4980H penalties vigorously and takes the position that there is no statute of limitations for failure to comply.

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Spotlight on Accountability: Resolving Discrepancies in AR Matters

Professionals Alternative

[link] Accountability Matters: Navigating the Path to Resolving Discrepancies in AR ‍ Introduction In the world of finance, accountability is a fundamental principle that cannot be overlooked. It forms the foundation of trust and transparency, ensuring that every aspect of the financial process is conducted with integrity. When it comes to accounts receivable (AR), accountability becomes even more critical.

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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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How to prepare for open enrollment 2024

PeopleKeep

If you’re an employer with a limited budget, you may find it hard to offer employee benefits. But a quality and personalized benefits package is necessary for your organization to be competitive. Due to an increase in unfilled jobs and remote openings, today’s workers have more room to carefully consider an employer’s benefits before accepting a job.

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IRS releases e-filing waiver guidance

Business Management Daily

Final regulations implement the Taxpayer First Act by requiring you to e-file all your information returns—your W-2s, 1099s, 1095s, and other information returns—if you’re filing a combined total of at least 10 returns, beginning with returns filed next year. The TFA also includes a knock-on provision, which requires you to e-file other returns. The final regs set the effective date for this provision at returns required to be filed for taxable years ending on or after Dec. 31, 2023.

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Confessions of a benefits manager: Candid experiences artificial intelligence at work

Employee Benefits

It is all over the news: artificial intelligence (AI) is coming to get us. I have never found our organisation particularly endowed with intelligence, artificial or otherwise, so it is hard to see how it might work out here. I would love to be able to automate more of my work so that I can focus on the interesting bits, but I suppose the worry is they could automate the whole lot and put me out of a job.

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Is Personal Time Off Paid? It Depends

BetterUp

Jump to section What’s personal time off? Are personal days the same as paid time off? How do personal time off policies work?

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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?