Tue.Nov 14, 2023

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California, New York, Virgin Islands Face FUTA Credit Reduction for 2023

PayrollOrg

According to the U.S. Department of Labor, California, New York, and the U.S. Virgin Islands could not pay back their federal loans by the November 10, 2023, deadline and will lose the full Federal Unemployment Tax Act (FUTA) credit for 2023.

Taxes 223
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Your HR budget: 6 line items to prioritize right now

Insperity

Your human resources (HR) budget encompasses a wide variety of initiatives directly impacting your people and, therefore, your business success. These include: Recruiting Hiring Onboarding Compensation Benefits Training Software and other technology Administrative costs It’s always good practice to re-evaluate your budget allocation and all line items routinely.

Salary 101
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top 10 tips for managing money this festive season.

Employee Benefits

“Managing money during the festive season can be a challenging time for employees, but some careful planning could allow individuals to enjoy the holidays without getting into debt.” says Jonathan Watts Lay, Director, WEALTH at work, a leading financial wellbeing and retirement specialist. To help with this, WEALTH at work has outlined some top tips to share with employees below… WEALTH at work’s top 10 tips for managing money this festive season 1.

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Switching Sides: Career Change Steps to Consider Before Your Big Move

HR Digest

Handling a career is overwhelming on its own but pairing it with a career change tips the balance into new, unexplored territories that are downright terrifying. But change is necessary sometimes, whether you’re burnt out by your current career path or you want to pursue a passion that was left unattended for a long time. If you are trying to decide on your own career change steps that can get you on the career path you envision for yourself, then read on to see how to change careers with the le

Media 97
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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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Republished: The brain-dead megaphone of work

Workplace Insight

There is nothing new about any of this. And yet it’s all new. I’ve spent months talking to people who really know their stuff about work and workplaces and underlying nearly all of those conversations is the following paradox. They know about flexible working, the under-utilisation of space, the twenty minute neighbourhood, the work ecosystem, universal basic income, the digital workspace, the office as club, all the rest of it.

More Trending

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Science or Art

Florida Workers' Comp

Medicine is a science. But there is art involved. I was asked recently to deliver a lecture on credibility in opinion evidence, and there is a great deal to unpack there. There is much that contributes to credibility, and much that may detract from it. See The Chair of Truth (February 2018); Credibility - a Conversation (December 2019); Magic Word s (February 2021), and Credibility from Vulgarity (October 2021); But, this presentation was about the science of medical opinions.

Medical 80
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As the workforce ages, now is the time to normalize dementia care

Employee Benefit News

Employees caring for a loved one with dementia face stigma, making support harder to come by.

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9 cognitive skill examples and how to improve them

BetterUp

Jump to section What are cognitive skills? Cognitive development Types of cognitive skills What are examples of cognitive skills at work?

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The Retention Roadmap: Plotting Your Course to Proactive Employee Retention

15Five

Employee retention isn’t merely a challenge—it’s an ongoing effort that requires continuous foresight and strategy. At our second annual Thrive by 15Five conference, we held a breakout session titled “The Retention Roadmap: Plotting Your Course to Proactive Employee Retention”. The session was moderated by Emily Diaz , VP of Transform at 15Five, and brought together industry experts Kirsti Grant , Chief People Experience Officer at Auror , and Caren Mix , Director of People Operation

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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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4 ways leaders can guide teams through the acquisition process

Employee Benefit News

Vannessa Gennarelli, principal of Fortuna and author of "Surviving Change at Work," shares how leaders can captain an acquisition.

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Employers Grapple with Claims Costs versus Outcomes of GLP-1 Drugs

International Foundation of Employee Benefit Plans

A new survey report from the International Foundation of Employee Benefit Plans reveals U.S. employer coverage and considerations surrounding glucagon-like peptide-1 (GLP-1) drugs, which have historically been used to treat diabetes. These drugs were also found to cause weight loss and have […] The post Employers Grapple with Claims Costs versus Outcomes of GLP-1 Drugs appeared first on Word on Benefits.

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Median monthly pay for October up 5.9% year-on-year

Employee Benefits

Median monthly pay for October 2023 has increased by 5.9% compared to the same period last year, to an estimated at £2,276, according to data from the Office for National Statistics (ONS). Its labour market figures published on 14 November revealed that regular pay growth fell to 7.7% year-on-year in the three months to September, down from a peak of 7.9%.

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5 Ways to Support Employees During the Holidays

Best Money Moves

5 ways to support employees during the holidays. Holiday stress can cause big problems for your workforce. Here are 5 ways to support employees during the holidays. While the holidays should be a restful and celebratory time of year, they can also introduce financial stress into the lives of many employees. Between the cost of gifts, holiday dinners, long-distance travel and hosting family, your team may face significant holiday costs.

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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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45% of employers think the new living wage rate is enough

Employee Benefits

Employee Benefits poll: Almost half (45%) of organisations think the new real living wage rates of at least £12 per hour go far enough to support employees, according to a survey of Employee Benefits readers. One-third (35%) said they did not think the new real living wage rates go far enough to support employees, whereas 20% were unsure. In October, the Living Wage Foundation announced new living wage rates for London and across the UK to provide those employed at living wage accredited employe

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Lung cancer screening guidelines just changed: Here's what to do next

Employee Benefit News

More people with higher risk are eligible for the simple process, meaning higher rates of early detection for employees.

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Disabled staff earn 15% less than non-disabled peers

Employee Benefits

Disabled workers earn 15% less than non-disabled staff, according to research by Trades Union Congress (TUC). Its findings, which were published on Disability Pay Gap Day (14 November), from which disabled people effectively work for free for the rest of the year, also revealed that the pay gap for disabled workers equates to £1.90 an hour, or £66.50 per week.

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NaughtOne introduces Percy: a bold, versatile lounge chair

Workplace Insight

NaughtOne, the global office furniture brand, has launched Percy, a striking yet simple lounge chair. From offices to universities to hospitality environments, Percy exemplifies adaptable design that is ideal for a wide range of modern spaces. The Percy Lounge Chair is the latest addition to NaughtOne’s collection of functional yet stylish furniture.

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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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Are your employees experiencing work overload? How to find out

Business Management Daily

If you don’t pay close attention to the amount of work you assign to your team, work overload can slowly creep its way into your organization — wreaking havoc and destroying productivity everywhere it goes. Burnout is real, and it’s a considerable challenge facing employers in 2023 and beyond. Work overload costs companies a whopping $300 million each year , and that’s only in the US. 75% of workers report experiencing work overload at one time or another, so it’s by no means a tiny issue.

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Mastering Accounts Receivable Collections: Essential Qualifications for Success

Professionals Alternative

[link] Mastering Accounts Receivable Collections: Essential Qualifications for Success Accounts Receivable Collections are an integral part of any business, ensuring the smooth flow of cash and maintaining healthy customer relationships. As a professional in this field, I have gained valuable insights into the essential qualifications and strategies for successful collections.

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Staying ACA Compliant in 2024

PeopleStrategy

Changes are coming to the Affordable Care Act (ACA) in 2024, and HR departments need to take note of them now. With this review and planning, your company will be compliant and adhere not only to the ACA’s pay or play rules going forward, but be able to file correctly and avoid penalties. Three main areas are changing: Most employers must file electronically beginning in 2024 Pay or play affordability percentage will decrease for 2024 Pay or play penalties will increase for 2024 Electronic Filin

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Diabetes prevention and management: How DocHQ’s Health Checks support a balanced lifestyle

Employee Benefits

Keeping fit and healthy has myriad elements to it and, as important as your physical health is, keeping an eye on what’s going on inside your body is also key to living a healthy lifestyle. Tracking of health markers such as your vitamin and thyroid levels can help pinpoint insufficiencies that may be lacking in your diet and nutrition. Checking things such as blood sugar levels or cholesterol can indicate more serious issues around heart health and heart disease risk.

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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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5 steps to crafting a return to office plan employees won't hate

Employee Benefit News

Leadership expert Shamis Pitts explains how to make changes to the workplace less of a challenge.

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The Proposed MHPAEA Regulations: A Comment on the Comments

McDermott Will & Emery Employee Benefits

In our last post, we considered some of the comment letters submitted in response to proposed regulations under the Mental Health Parity and Addiction Equity Act (MHPAEA) issued by the US Departments of Labor, Health and Human Services and the Treasury (the Departments). Our previous MHPAEA content is available here. The comment period for the proposed regulations […] The post The Proposed MHPAEA Regulations: A Comment on the Comments appeared first on EMPLOYEE BENEFITS BLOG.

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Letting people work from home is good for companies' revenue growth

Employee Benefit News

Companies that allow remote work have experienced revenue growth that's four times faster than their strict counterparts.

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Standard Chartered receives Great Place to Work accreditation

Employee Benefits

Credit: MOZCO Mateusz Szymanski / Shutterstock.com Banking organisation Standard Chartered has been accredited as a Great Place to Work organisation in the UK. Great Place to Work recognises employers which have created an outstanding employee experience. In order to decide who receives certification, the organisation gathers employee feedback using its data-driven methodology, known as For All.

Banking 59
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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?