Employee Benefits

SEPTEMBER 12, 2023

Annual pay growth , excluding bonuses, from May to July 2023 was 7.8%, according to data from the Office for National Statistics (ONS). Its latest labour market figures revealed that this was the same as the previous quarter, the highest regular annual growth rate since comparable records began in 2001, and in line with market expectations. Annual growth in employees’ average total pay including bonuses was 8.5%, due to NHS and Civil Service one-off payments made in June and July 2023.

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Bonuses Banking Salary Recruitment 116

Wellable

SEPTEMBER 11, 2023

62% of workers see inflation as a barrier to securing their retirement. How can employers help their workforce navigate modern retirement amid market volatility? The post Beyond The 401(k): The Full Potential Of Employee Financial Wellness appeared first on Wellable.

401(k) 80

401(k) Employment 80

Vantage Circle

SEPTEMBER 11, 2023

Imagine a world where managing employee benefits is no longer a daunting task but an empowering experience for HR teams and employees. With an innovative employee benefits platform, that world becomes a reality. This game-changing platform revolutionizes how organizations administer and deliver benefits, putting the power in the hands of employees. From personalized plan comparisons to easy enrollment and on-demand access to benefits information, this platform empowers employees to make informed

Employee Benefits 52

Employee Benefits Payroll Retirement Plan Software 52

PayrollOrg

SEPTEMBER 13, 2023

PayrollOrg’s Government Relations Task Force Child Support Subcommittee commented on the proposed revised Income Withholding for Support Order (IWO).

Government 118

Government 118

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PayrollOrg

SEPTEMBER 11, 2023

The Alabama Department of Revenue has issued guidance to help employers understand the reporting requirements for the overtime pay exemption that goes into effect in 2024. The agency has also issued proposed rules.

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Overtime Employment 129

Employee Benefits

SEPTEMBER 14, 2023

Competition for talent was cited by three-quarters (77%) of employers as a key issue influencing their benefits strategy , according to research by global advisory, broking and solutions firm Willis Towers Watson (WTW). Its Benefits trends survey , which surveyed 339 UK organisations across a range of industries about their benefit strategies, also found that despite 45% of UK employees favouring workplace benefits that support long-term finances and retirement, more than half of employer respo

Employment 122

Employment Finance Salary Employee Benefits 122

Workplace Insight

SEPTEMBER 12, 2023

Most workers are concerned about poor indoor air quality and close to half think its damaging their health, according to a new survey conducted by Opinium for Spiralite. According to the poll, British workers are mostly concerned about the impact of air-quality on their health (64 percent concerned compared to 36 percent not concerned). One fifth (20 percent) are very concerned, rising to 38 percent of people living in London.

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Government Medical IT Management 116

PayrollOrg

SEPTEMBER 15, 2023

On September 8, the U.S. Department of Labor (DOL) announced it had opened the comment period on its proposal to increase the minimum salary level for the Fair Labor Standards Act “white collar” exemptions.

Salary 197

Salary IT 197

Proskauer's Employee Benefits & Executive Compensa

SEPTEMBER 13, 2023

In Su v. Fensler , No. 22-cv-01030, 2023 WL 5152640 (N.D. Ill. Aug. 10, 2023), the court granted the Department of Labor’s motion for a preliminary injunction to replace with an independent fiduciary the trustees of the United Employee Benefit Fund, who are accused of breaching their fiduciary duties by using Fund assets to engage in prohibited transactions.

Life Insurance 111

Life Insurance Insurance Employee Benefits IT 111

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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.

Employment

Employee Benefits

SEPTEMBER 11, 2023

Need to know: Toxic workplace cultures exist in many UK oganisations, with leaders and managers often to blame. Creating a culture where employees can raise concerns is essential to overcoming such environments. Organisations need to think about how they react where examples of toxic behaviour do occur. Allegations of toxicity and harassment at the broadcaster ITV, and of those who raised concerns facing bullying and discrimination, show just how damaging a toxic culture can be, both for those w

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Workplace Insight

SEPTEMBER 14, 2023

Recently, I bemoaned how Orwell is often invoked in support of an argument by people who haven’t read him. They are usually drawing on some laundered misperception of his work, and especially Nineteen Eighty-Four. Well, this month I witnessed somebody misapplying the work of Kafka in a similar attempt to make a middlebrow point about the so-called return to office.

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Technology IT 111

Employee Benefit News

SEPTEMBER 12, 2023

Get to know the HR leaders, tech innovators and benefit advisers who went above and beyond in 2023 to support employees and clients.

Healthcare 125

Healthcare Technology Management 125

Proskauer's Employee Benefits & Executive Compensa

SEPTEMBER 13, 2023

In a case of first impression in the Tenth Circuit, the Court recently joined the chorus of circuit courts in holding that a 401(k) plan participant alleging excessive investment management or recordkeeping fees must assert a “meaningful benchmark” in order to survive a motion to dismiss. In addition to rejecting commonly pleaded “benchmarks” because they were not meaningful, the Court’s ruling is of particular significance because, unlike some other courts, it dismissed the participants’ “shar

401(k) 109

401(k) Retirement Plan Government Management 109

Advertiser: Paycor

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!

IT

Employee Benefits

SEPTEMBER 15, 2023

Two-fifths of older employees are unaware of how much they have saved for retirement, according to research by workplace savings and pensions fintech Cushon. Its survey of more than 2,000 employees enrolled into a workplace pension found that older employees have less clarity over the value of their retirement pension pots , as 41% of those aged 55 and above are not sure how much they have saved, compared to almost three in 10 (28%) of all UK staff.

Pension 118

Pension Employee Enrollments Technology Employee Benefits 118

Workplace Insight

SEPTEMBER 14, 2023

As LinkedIn data has shown, demand for work flexible working is high. And it outpaces the current availability of remote work offers. In the UK alone, listings for remote jobs have increased by 277 percent. Job postings for hybrid or remote positions received an increase in applications (189 percent) over in-office roles. People want to work remotely for various reasons.

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Government Salary Employment Recruitment 111

Employee Benefit News

SEPTEMBER 13, 2023

As U.S. students lag behind academic benchmarks, AI tools can provide affordable support for parents struggling to get them up to speed.

Education 120

Education Technology 120

HR Digest

SEPTEMBER 15, 2023

The United Auto Workers (UAW) negotiations have not drawn to a close, despite an extended wait for the Big 3 to accept the clearly stated UAW demands. This has led to the union’s first simultaneous strike against all three companies, with picket lines at a Ford plant in Michigan, a Stellantis plant in Toledo, and a General Motors plant in Missouri, according to The Washington Post.

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Entertainment Overtime Consulting Recruitment 98

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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.

Management

Employee Benefits

SEPTEMBER 14, 2023

This week (11-17 September) is World Childless Week , which is aimed at raising awareness of those who are childless not by choice. According to figures published by the Office for National Statistics (ONS) in January 2022, in the UK, 18% of women who reach the end of their childbearing years do not have children. However, even as family compositions and demographics have changed over the years, childlessness remains something of a taboo subject.

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Education Employment Employee Benefits IT 111

WEX Inc.

SEPTEMBER 14, 2023

Open enrollment is around the corner for many of you. It’s your best chance to evaluate your healthcare needs and identify opportunities to better support yourself and your family. However, a whopping 92 percent of employees stick with the same elections they had the previous year, no matter what changes have taken place in their lives. If you’re one of that majority, you may be missing out on multiple ways to save, either through the health plan you choose or through the benefits you enroll in.

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401(k) Health Savings Account Flexible Spending Account Healthcare 98

Employee Benefit News

SEPTEMBER 15, 2023

Only 40% of companies currently offer some kind of fertility or family-building benefit, and it's forcing workers to look elsewhere for support.

Employee Benefits 113

Employee Benefits IT Management 113

HR Digest

SEPTEMBER 13, 2023

With the rise of remote working after the world stood still in the midst of a pandemic, more professionals opted for the flexibility and convenience it offered. There have been many misconceptions about how remote workers spend their 8 hours of pay but a big one has been that WFH employees are more likely to take time off compared to their on-site counterparts.

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Paid Leave Employment Management Employee Benefits 98

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Explore the latest insights from the American Cancer Society's “Cancer Statistics 2024” report, which unveils multiple alarming trends in cancer data. Cancer is on the rise among young adults, and diagnoses for 6 of the 10 most common cancers are escalating. With over 2 million new cancer cases projected in the U.S. this year, employers face increased challenges when it comes to supporting employees.

Employment

Employee Benefits

SEPTEMBER 11, 2023

Derbyshire-based child exploitation charity Safe and Sound has received British Safety Council funding to support and improve its employees’ wellbeing. The £10,000 funding was awarded to Safe and Sound through British Safety Council’s Keep Thriving campaign to improve workplace wellbeing, and will be used by the charity to implement wellbeing strategy and plans such as bespoke training, team building and wellbeing workshops.

Employee Benefits 111

Employee Benefits Employment IT 111

Global People Strategist

SEPTEMBER 12, 2023

New Zealand is a country with an exemplary government and legislative structure. While the country remains the top choice for many immigrants, recent challenges have led locals and immigrants to revisit their ideas. Logistics is one of the core industries contributing to the economy of New Zealand. Dealing with the post-COVID effects, the country is severely struggling to keep up with labor demands in the logistics sector.

Government 98

Government Payroll Recruitment Technology 98

Employee Benefit News

SEPTEMBER 14, 2023

Three nurses share their stories, revealing why these healthcare workers are struggling to stay afloat amid unsafe working conditions.

Healthcare 120

Healthcare Management 120

HR Digest

SEPTEMBER 14, 2023

Amidst all the revenue numbers and share valuations that companies wear as a badge of honor, the concept of employee relationship management has emerged as another undeniable sign of a successful organization. Many aspire to work at companies like Google, not just due to the pay they offer but because there seems to be no dearth of provisions for engaging employee and employer relationships.

Employment 98

Employment Health and Welfare Government Entertainment 98

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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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