Questions to Guide Strategic Benefits Decisions
HR Professionals Magazine
JANUARY 3, 2024
The post Questions to Guide Strategic Benefits Decisions appeared first on HRProfessionalsMagazine.
HR Professionals Magazine
JANUARY 3, 2024
The post Questions to Guide Strategic Benefits Decisions appeared first on HRProfessionalsMagazine.
Wellable
JANUARY 3, 2024
Lifestyle spending accounts are flexible benefits accounts that employees can use as perk stipends to pay for health and wellness services or products. The post Lifestyle Spending Account: Comprehensive Guide & Top Providers appeared first on Wellable.
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Employee Benefits
JANUARY 4, 2024
I think it is interesting to see how the importance of performance-related pay has moved in and out of fashion. Go back a few years and everyone was saying they were a pay-for-performance employer and everything from shares to pay rises was linked to a rating. That made budgeting difficult, so we had to have forced rating distributions and hold calibration meetings lest managers got carried away and made everyone a superstar with associated rewards.
Employee Benefit News
JANUARY 3, 2024
Fixed medical indemnity plans represent an affordable option for low-wage and part-time employees.
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McDermott Will & Emery Employee Benefits
JANUARY 4, 2024
After a brief hiatus to discuss the pleading standards adopted by the US Court of Appeals for the Tenth Circuit in E.W. v. Health Net Life Insurance Company, we return to our examination of the comments submitted in response to the proposed regulations under the Mental Health Parity and Addiction Equity Act (MHPAEA). The US […] The post The MHPAEA Proposed Rule: Scalability and the Plight of the Small(er) Self-Funded Plan appeared first on EMPLOYEE BENEFITS BLOG.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
HR Digest
JANUARY 3, 2024
Promoting collective action is the hallmark of a labor union and the current Swedish strike that Tesla is facing is an obvious testament to that fact. The strike against Tesla began on 27 October when a company subsidiary refused to sign a collective agreement with IF Metall—a labor union that represents the Tesla mechanics in the region. Elon Musk, co-founder and CEO of Tesla, has long stood firmly opposed to labor unions, stating that they created negativity within a company, despite unions be
PayrollOrg
JANUARY 4, 2024
In this November 2023 edition of Compliance TV, social security wage base increases for 2024; IRS releases 2023 ACA forms, instructions, test packages; OCSS releases revised IWO, instructions; and IRS announces ERC claim withdrawal process.
Employee Benefits
JANUARY 1, 2024
Regular breaks during working hours can help to avoid burnout and boost employees’ physical wellbeing. Employers can support employees suffering from seasonal affective disorder by rearranging the workplace to maximise natural light or enable them to sit near a window. Organisations can implement discount schemes that save employees money on essentials to eliminate stress.
Workplace Insight
JANUARY 5, 2024
Proper management of employee health and wellness is an important facet to consider when striving for success in the workplace. Properly supporting employee health helps them perform better, encourages productivity, prevents losses from absences, enhances job satisfaction, and improves overall morale. Employers can promote employee wellness in different ways, but one area you should consider prioritising is eye care in the workplace.
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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.
Employee Benefit News
JANUARY 2, 2024
Almost 60% of employees will experience a mental block daily or weekly that prevents them from starting or completing important assignments.
PeopleKeep
JANUARY 3, 2024
If you’re an employer offering various employee benefit plans , you must understand your responsibilities regarding compliance and taxes. If the benefits you offer require filing Form 5500 with the Department of Labor (DOL), you must also deliver the Summary Annual Report (SAR) to plan participants. Luckily, the SAR is relatively simple to complete once you’ve completed Form 5500.
Employee Benefits
JANUARY 3, 2024
Credit: Artem Oleshko/Shutterstock Need to know: Employee motivation strategies need to factor in cost-of-living pressures and the increasing need for personal development. Motivating people to return to the office must be carefully balanced with the motivational aspects of the flexibility of remote and hybrid working. As skill shortages continue, reskilling and upskilling staff, particularly in digital skills, will become increasingly motivational in terms of personal development.
Workplace Insight
DECEMBER 30, 2023
Each day for 25 years, between 1968 and 1993, a man called Stanley Green would rise early, enjoy a spartan breakfast of porridge and an egg, pack up a lunch of apples and vegetables, strap them along with a placard and some pamphlets to a bike and cycle the 12 miles to Oxford Street from his home in Northolt. There he would share his ideas for improving the physical and psychological wellbeing of the country, based primarily on the idea that the consumption of too much protein led to the moral t
Advertiser: Paycor
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Employee Benefit News
JANUARY 4, 2024
Using Bureau of Labor data, Birth Injury Lawyers Group ranked which states had the most OB-GYNs and pediatricians per 100,000 residents.
PayrollOrg
JANUARY 5, 2024
2024 launches a new year of Payroll Currently, a monthly electronic newsletter exclusively for PayrollOrg members.
Employee Benefits
JANUARY 4, 2024
More than half (56%) of employers have offered financial remuneration to help employee retention during the cost-of-living crisis and staffing shortages, according to research by Peninsula Group. The employment law, HR, and health and safety services firm’s survey of 79,000 small to medium-sized businesses (SMEs) across Australia, Canada, Ireland, New Zealand and the UK also found that 65% of Canadian employers offered financial remuneration to help retention, which was more than the other
Workplace Insight
JANUARY 3, 2024
We know, and have for a long time, that the workplace is in a state of near constant flux. The meteor strike of lockdown was an accelerant, not a deviation. It also laid bare -yet again – the faulty assumption that there is some sort of general evolution towards an idealised version of the office or conversely the universal adoption of remote or hybrid working, whatever it is.
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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.
PeopleKeep
JANUARY 3, 2024
Each year, about 200,000 members 1 of the U.S. Armed Forces stationed in more than 140 military installations worldwide transition from active duty to either re-enter the civilian workforce or pursue higher education.
Employee Benefit News
JANUARY 2, 2024
An AI-backed hiring platform recently ranked which jobs in the AI field are being looked at the most by tech job seekers.
Employee Benefits
JANUARY 3, 2024
The UK government has implemented reforms to simplify holiday pay calculations and entitlement as per the Working Time Regulations. These changes include the definition of irregular hours and part-year workers in relation to the introduction of the holiday entitlement accrual method and rolled-up holiday pay, the introduction of a method to calculate statutory holiday entitlement for irregular hours and part-year staff, and how much leave an irregular hour or part-year worker has accrued when th
International Foundation of Employee Benefit Plans
JANUARY 3, 2024
In the hustle and bustle of our lives, sleep often takes a back seat to work demands, social obligations and the ever-present glow of screens. How many times this year have you found yourself burning the midnight oil, playing catch-up? The realm […] The post A Restful Resolution: Prioritizing Sleep Health in the New Year appeared first on Word on Benefits.
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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.
BetterUp
JANUARY 5, 2024
It's easy to forget the impact that a simple act of kindness can have on ourselves and those around us. But kindness is contagious. Each act of kindness, no matter how small, has the potential to ignite a chain reaction of goodwill and positivity. It inspires us to act with courageous compassion and help those around us. Even random acts of kindness connect us with empathy, bringing more meaning, motivation, and love to our lives.
Employee Benefit News
JANUARY 4, 2024
The drugmaker's new platform connects patients with doctors who can prescribe medications and provide home delivery of certain drugs.
Employee Benefits
JANUARY 3, 2024
Motivating remote and hybrid workers has its own challenges, and is something that Moneypenny, a provider of call answering, live chat and bespoke customer communication services, has acknowledged in its motivation strategies. The organisation employs over 1,000 people in the UK and the US, where it offers hybrid working. It also has some remote teams working in the US.
Benefit Resource Inc.
JANUARY 4, 2024
After much consideration, you’ve made the wise decision to enroll in a pre-tax benefit plan. As a new plan participant, you will experience significant savings on eligible items and services in the coming months! To help you make the most of your account(s), here are some helpful reminders, tips and valuable resources. How do I access the funds in my account?
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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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