Wed.Dec 20, 2023

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5 steps for successfully communicating with your employees about the QSEHRA

PeopleKeep

If you’re an employer offering the qualified small employer health reimbursement arrangement (QSEHRA), it may be challenging to clearly explain how this health benefit works to your newly eligible employees. While you may understand how cost-effective and flexible it is, you may not be able to effectively communicate the details and benefits of the QSEHRA to employees who are new to the benefit.

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16 healthy habits you can start this week

BetterUp

Jump to section 6 healthy habits to adopt Eat nutrient-rich foods Ditch the cigarettes Sleep well Drink less alcohol, drink more water Get regular exercise Practice self-care and self-compassion 3 ways to start building healthy habits The beginning of a new year is often a time for reflection. It’s a time to deeply examine your own habits and identify ways you can make changes for the better.

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Top 10 California Laws, Regs for 2024: Part II

InterWest Insurance Services

Every year starts with a number of new laws and regulations that will affect businesses in California. This year is no different. This is part II of a two-part series. 6. No more non-competes Under two new laws, non-compete agreements with employees are expressly illegal starting in 2024 and if an employer requires one be signed, it could provide grounds for a lawsuit by the worker.

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10 states with the highest student loan debt

Employee Benefit News

Degree Choices analyzed data from the Office of Federal Student Aid, ranking which states had the highest average student debt per borrower.

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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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IRS Releases 2024 Publication 15-T and Forms W-4, W-4P, and W-4R

PayrollOrg

The IRS released the 2024 Publication 15-T, as well as the 2024 Forms W-4, W-4P, and W-4R.

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Overcoming Proximity Bias In Hybrid Work Era

Wellable

Proximity bias: This unconscious preference for remote workers not only leads to unequal career opportunities but also impacts broader workplace dynamics. The post Overcoming Proximity Bias In Hybrid Work Era appeared first on Wellable.

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The 10 best CEOs of 2023, according to their own employees

Employee Benefit News

Comparably ranked the top 100 CEOs from companies with more than 500 employees, and the results are in.

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The Power of Employee Self-Assessments for Personal Growth and Company Success

15Five

While they’re not typically a favorite activity for employees, most HR leaders would agree that performance reviews are crucial to performance management. Yet, year after year, many HR teams struggle to design and implement performance review processes that are fair, valuable, and efficient. There can be any number of reasons why a company’s performance review process falls short of expectations.

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Last-Minute Guidance Leaves Little Time for Long-Term, Part-Time Employee Changes

McDermott Will & Emery Employee Benefits

The Internal Revenue Service (IRS) recently issued new guidance clarifying key aspects of the broadened retirement plan eligibility rule for long-term, part-time employees under the SECURE 2.0 Act. However, with the new rule effective for 401(k) plans beginning January 1, 2024, the guidance leaves employers and plan sponsors very little time to make changes to […] The post Last-Minute Guidance Leaves Little Time for Long-Term, Part-Time Employee Changes appeared first on EMPLOYEE BENEFITS

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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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20% of U.S. hospitals have been warned over secretive prices

Employee Benefit News

The nation's largest hospital system has been cited for failing to make prices fully available to the public

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3 Great Professional Bio Examples to Inspire Your Own

BetterUp

With nine writing tips and three professional bio examples, you’ll have all the tools you need to craft a bio that captures your audience’s attention.

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More part-time employees will soon have access to retirement benefits

Employee Benefit News

A new rule will allow long-term, part-time employees to contribute to retirement plans by 2025.

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Maximizing Returns: How to Find and Hire the Best Multifamily Property Managers

Professionals Alternative

[link] Maximizing Returns: How to Find and Hire the Best Multifamily Property Managers Introduction As a commercial real estate investor, one of the most critical decisions you can make is hiring the right property manager for your multifamily property. A skilled and experienced property manager can significantly impact the success and profitability of your investment.

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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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Attendance Tracking Made Easy: Top 10 Attendance Tracking Software in India

Qandle

Attendance management made easy with modern software solutions. These tools automate the process of tracking and recording attendance, eliminating the need for manual methods. Utilizing features like biometric recognition, RFID cards, or geolocation tracking, these systems ensure accurate and efficient attendance monitoring. Accessible on various devices, the software simplifies tasks for both administrators and employees.

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Can You Revoke a Job Offer?

BerniePortal

Let's say you hired Julie as a project manager for your company with a starting salary of $75k. A week before her first day, you receive this email from her: Good morning, Thank you again for the amazing opportunity to fulfill the project manager role at your company. I’m super excited to start! However, I did receive another job offer for a project management position at another company, and they have offered to pay me $83k.

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Employee Appraisal 101: How to Write a Performance Improvement Plan

HR Digest

Assessments done, performance reviews complete, now you’re at your desk wondering how to write a performance improvement plan that actually helps the employee. That’s where the problem grows complicated, as there are many ways to fix a problem but determining what is best for the employee and the company takes some work. Performance improvement plans are a critical way to streamline employee growth at the company and make changes that are in line with the needs of the organization.

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How to Offer Support for Employees in Family Crises

eni

In HR, one of the most challenging aspects of supporting employees is navigating crises in their personal lives, particularly those related to family.

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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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Employee attendance issues and how to address them

Business Management Daily

Regular employee attendance is essential for keeping your business running. Most small and medium-sized businesses have just enough staff to keep business operations running smoothly, and poor attendance can greatly disrupt key business functions. Excessive employee absences or tardiness can lead to negative customer experiences, hurt employee productivity , and put undue work and pressure on the team members that do show up every day.

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January 23, 2024 – Summit Compliance Institute Webinar – Benefits during Leaves of Absence

InterWest Insurance Services

WHEN: Tuesday, January 23, 2024 12:00 PM – 1:00 PM JOIN US: InterWest is a proud sponsor of Summit Employee Benefits Online education. In partnership, we are offering access to the upcoming complimentary webinar. Session Details: This webinar will provide an overview of the compliance requirements for handling health and welfare benefits during different types of leave – protected, unprotected, paid and unpaid – along with some guidelines for employers to follow in developing and administe

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Reminder on Dec. 31 Attestation Deadline

Employer Connection

Employers that sponsor self-funded health benefit plans are required to submit a Gag Clause Prohibition Compliance Attestation (GCPCA) by Dec. 31, 2023, to the federal government. Plans administered by Star Marketing and Administration, Inc., comply with the provision established by the Consolidated Appropriations Act, 2021. Last week, employers were sent an email reminding them about the upcoming deadline.

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5 Remote Work Challenges Related to Communication and How to Address Them

Hppy

Remote work comes with undeniable perks for both companies and their employees. Employers get to enjoy cost savings while employees can get a better work-life balance and more flexibility. But that’s just one side of the coin. The other side is that communication with your remote team can take a hit in numerous ways. Poor communication can cost you up to $12,506 per employee annually.

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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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Top tips for employees retiring in 2024

Employee Benefits

The current economic environment is causing disruption to the retirement plans of many. It is important that those retiring in 2024 understand their options, make informed decisions, and avoid making mistakes with their hard-earned savings. To help, WEALTH at work, has created a list of top tips for employees who are thinking about retiring in 2024. 1.

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Strategies For Streamlining Recruitment In Competitive Markets

Hppy

HR professionals take note: the ‘talent wars’ are heating up. The pool of talent is growing, but companies are getting more aggressive with their recruitment efforts. If your hiring process and policy aren’t up to speed, there will only be chaff from the wheat to go around. While economic uncertainty forced a decline in temporary and permanent hiring, it’s nowhere near the massive drop in mid-2020 or enough to negate the spikes in 2021.