PayrollOrg
AUGUST 15, 2023
PayrollOrg’s Government Relations Task Force (GRTF) Federal Issues Subcommittee acted on two issues in July: maintaining IRS funding and requirements for Form W-2c.
Employee Benefits
AUGUST 15, 2023
Employee Benefits poll: One-third (35%) of organisations do not think that the recent Employment Relations ( Flexible Working ) Bill goes far enough to support working carers, according to a survey of Employee Benefits readers. Meanwhile, 37% think that it does go far enough to support staff who are working carers , whereas 28% were unsure if it does or not.
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WEX Inc.
AUGUST 15, 2023
Whether you're transitioning from your parents' insurance, landed your first full-time job, or are simply obtaining coverage for the first time, choosing health plans and employee benefits options can be overwhelming. You’ll likely hear a lot of terms and acronyms that you’ve never heard before. For first-time health insurance and benefits electees, we’re kicking off a three-part blog series just for you to walk through considerations when making these decisions.
Fringe Benefit Analysts
AUGUST 15, 2023
You probably know the feeling well. Another six months rolls around and then one day you glance down at your upcoming week’s schedule and there it is, your bi-yearly dentist checkup. But don’t panic. You know the dentist really isn’t as bad as it seems and there are actually some very important reasons to have a dental checkup and cleaning every six months.
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Discover how Color's comprehensive care solution is revolutionizing cancer screening adherence and knowledge. Through an in-depth case study, Color's unique approach to comprehensive cancer care has shown significant benefits in increasing screening rates and enhancing patient knowledge. Participants reported a 2-3x increase in adherence to screening guidelines over just 8 weeks, with 84% of participants increasing their familiarity with timing and frequency of cancer screening.
Employee Benefits
AUGUST 15, 2023
Median monthly pay for July 2023 has been estimated at £2,274, a 7.8% increase from July 2022 and the highest rate since 2001, according to data from the Office for National Statistics (ONS). Its latest labour market figures revealed that this was a decrease from £2,308 in June 2023, which was a 9.7% year-on-year increase from June 2022. It was also a 22.3% increase from February 2020.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Employee Benefit News
AUGUST 15, 2023
A new survey analyzed data from the Census Bureau, the Bureau of Labor Statistics and the CDC to track residents' stress levels.
Florida Workers' Comp
AUGUST 15, 2023
Life is a series of lessons. There have been a great many over the years. The truly eloquent have far better described the challenge of making mistakes and learning. Someone said that "you must learn from the mistakes of others—you will never live long enough to make them all yourself.” The folks that strive for clarity in such matters document that this has been variously attributed over the years.
McDermott Will & Emery Employee Benefits
AUGUST 15, 2023
In an acknowledgment of uncommon market conditions and their corresponding effect on defined benefit pension plan funding, the Pension Benefit Guaranty Corporation (the PBGC) provided a welcome one-time waiver for some underfunded pension plans under Section 4010 of the Employee Retirement Income Security Act (ERISA). However, to qualify for the waiver, pension plan sponsors still […] The post Better Than a Snow Day: The PBGC Provides One-Time Section 4010 Reporting Waiver appeared first o
Employee Benefit News
AUGUST 15, 2023
Becky Seefeldt, VP of strategy at Benefit Resource, shares her best tips for saving money after a trip to the doctor.
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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.
Flimp Communications
AUGUST 15, 2023
Fourth-annual report analyzes 250 digital benefits-communication campaigns that touched nearly 775,000 employees with targeted OE messaging, educational videos and other trackable content. The post Flimp’s 2022-23 Open Enrollment Case Study and Trends Report Sees Employee-Engagement Rate Reach 74 Percent with Use of Tech-Enabled HR Solutions appeared first on Flimp.
Employee Benefit News
AUGUST 15, 2023
Earned wage access is one way employers can empower employees as economic insecurity continues to loom.
International Foundation of Employee Benefit Plans
AUGUST 15, 2023
U.S. corporate employers project a median health care cost increase of 7% for 2024, according to International Foundation of Employee Benefit Plans survey results. The 7% increase is on pace with cost trends projected last year in a similar survey conducted by […] The post Employers Project 7% Rise in Health Care Costs for 2024 appeared first on Word on Benefits.
McDermott Will & Emery Employee Benefits
AUGUST 15, 2023
Nearly all employers offer eligible participants the opportunity to make additional catch-up contributions to their retirement plans. However, beginning in 2025, the SECURE 2.0 Act makes so-called “super-catch-up contributions” available to certain employees. Adding this new feature will require employers and their service providers to develop new processes to monitor various ages and limits and […] The post Just Catching Up?
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Explore the latest insights from the American Cancer Society's (ACS) “Cancer Statistics 2024” report, which unveils alarming trends in cancer data. Cancer is on the rise among young adults and diagnoses for 6 of the top 10 most common cancers are escalating. With over 2 million new cancer cases projected in the U.S. this year, employers face increased challenges.
Employee Benefit News
AUGUST 15, 2023
The tool could increase efficiency and help alleviate stress for workers.
Benefit Resource Inc.
AUGUST 15, 2023
Rising healthcare costs in the U.S. are leading many Americans to avoid medical care due to financial concerns. Employers can play a vital role in mitigating this issue by implementing small changes. The U.S. has exorbitant healthcare expenses, reaching $4.3 trillion with significant medical debt. To address this challenge, Becky Seefeldt, VP of Strategy at Benefit Resource, emphasizes that employers need to prioritize employee health not only for productivity but also as a business imperative.
AssuredPartners
AUGUST 15, 2023
AssuredPartners (“AP”) is delighted to announce the appointment of two distinguished executives to the positions of Retail Presidents for the East and West regions, effective July 1, 2023. The strategic alignment is for the upcoming leadership changes for AssuredPartners as Randy Larsen assumes the role of CEO on September 1 st. The national broker has plans of continued growth of expansion for the foreseeable future.
Workplace Insight
AUGUST 15, 2023
Take a little time out from your well-earned summer break (or your ongoing nose to the grindstone) with the latest issue of Works Magazine. Issue 7 features all the relevant news, features, products, businesses and people from the world of the workplace, including an exciting new initiative from Works and sister title, IN. There were clearly no short straws for our team for this issue, with Ben Capper returning to Copenhagen to visit one of Europe’s most exciting design festivals – 3 Days of Des
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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!
Employee Benefits
AUGUST 15, 2023
EMPLOYEE EXPERIENCE SERIES: SUPPORTING WORKING PARENTS: SAVINGS ON BACK-TO-SCHOOL ESSENTIALS Our third blog on supporting parents in the workplace explores how you can help your employees save on back-to-school essentials through our discounts platform and employee cashback card. Purchasing everything children need for school is expensive, but from shoes and clothing to new pencils – we can help relieve the financial burden.
Higginbotham
AUGUST 15, 2023
As employers look for new additions to their standard benefits package in order to attract top workers, they usually focus on common pain points. The daily commute is a prime example. Commuting to and from work each day eats up both time and money, making a commuter benefits program an attractive perk. What are commuter benefits? Commuter benefits refer to any employee benefits that help workers with the costs of commuting.
Business Management Daily
AUGUST 15, 2023
Recruiting is a major pain point for many businesses. Small businesses often struggle to compete for top talent against large businesses with greater recruiting resources. Large organizations work to bring in enough talent while keeping the cost of recruiting down. That’s why it’s important to have a great recruiter or recruiting team to help your business reach and attract the right candidates.
InterWest Insurance Services
AUGUST 15, 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. Surray Serpa Account Manager, Commercial Lines Department Nevada City, California Surray’s positive attitude is appreciated by all who have the pleasure of working with her, and it is infectious!
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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.
Proskauer's Employee Benefits & Executive Compensa
AUGUST 15, 2023
In late July, the Departments of Labor, Treasury, and Health and Human Services released proposed regulations implementing the Mental Health Parity and Addiction Equity Act of 2008 (MHPAEA). Readers of our previous blog will recall that the proposed regulations include a new three-part framework for evaluating “non-quantitative treatment limitations” (NQTLs) imposed on plan benefits.
Global People Strategist
AUGUST 15, 2023
Sweden’s employment policy is one of the best ones in Europe. Despite the country’s rigid stance on some clauses, including no payments for overtime (if not agreed in the contract) and no statutory right for flexible working, Sweden cares for its workers by regulating some employee-friendly policies. We have covered the details below to understand better how employment shift timing policies benefit local workers.
Employee Benefits
AUGUST 15, 2023
Employees at Scottish railway service ScotRail have voted to accept an improved pay offer made by their employer through a referendum that closed yesterday (Monday 14 August). As part of the deal, train drivers will see a 5% basic pay rise for 2023/24, backdated to 1 April, with a further 1% increase from 1 October 2023. Train drivers’ trade union Aslef recommended that members accept the deal when it was put to a vote.
PeopleKeep
AUGUST 15, 2023
Millennials are the most represented generation in the workforce today. According to a Deloitte report 1, Millennials will represent 75% of the global workforce by 2025.
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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
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