Sat.Nov 04, 2023 - Fri.Nov 10, 2023

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Maximizing Your “Financial Gap Years”

Money Talk

When someone uses the phrase “gap year,” we often think immediately of young adults who plan experiential learning activities (e.g., traveling, volunteering, and working) between high school and post-secondary education or college graduation and graduate school. In other words, something that young adults do in their late teens and 20s. Think Malia Obama and Elon Musk.

Pension 185
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How to set up an individual coverage HRA (ICHRA)

PeopleKeep

Group health insurance may be the traditional employee health coverage option, but it doesn’t work for everyone. If you’re an employer looking for an affordable and flexible alternative to group plans, a health reimbursement arrangement (HRA) is a great option. With an HRA, you can provide your employees a monthly allowance and reimburse them for qualifying medical expenses like individual health insurance coverage.

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Inclusive office design is essential if we want offices to be worth the commute

Workplace Insight

Corporate culture has fundamentally changed since the pandemic and with it, so has the way employees interact with the office. This has put leaders under pressure to create experiences for employees that complement, and in some ways even compete with, the comforts of home. Organisations now understand the immense potential for sustainable, inclusive office design, and people-centric real estate strategies to drive positive change and fuel growth.

Utilities 119
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Ovo Energy aligns green benefits to company purpose

Employee Benefits

Ovo Energy When Ovo Energy took over SSE Energy Services in 2020, it needed to harmonise benefits across the two organsiations. Employees would receive a flex pay arrangement , worth an additional 9% of salary. This would incorporate an employer pension contribution of 4%, and an extra 5% which could be used to purchase other benefits. Central to the benefits overhaul would be Ovo’s Plan Zero concept, which aims to reduce the organisation’s carbon emissions to net zero by 2035.

Pension 105
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Improving Access To & Utilization Of Cancer Screening With Color

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.

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Artificial Intelligence: Is It Okay for Job Seekers to Get Help With Their Job Search

HR Bartender

Estimated reading time: 3 minutes I’d like to think that most, if not all, of us would answer the question “Is it okay for job seekers to get help with their job search?” with the answer “yes”. We encourage job seekers to reach out to their networks when they’re looking for new opportunities. We encourage them to speak with mentors and coaches about how to share their strengths during interviews.

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IRS Announces 2024 COLAs for Transportation Fringes, FSA Deferrals

PayrollOrg

The IRS released cost-of-living-adjustments (COLAs) for 2024 reflecting any increases in excludable transportation fringes and flexible spending arrangements (FSAs).

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Government to legislate to retain rolled-up holiday pay

Employee Benefits

The government is to legislate to retain rolled-up holiday pay for irregular hours, zero hours and part-year workers and set out that it must be calculated based on total earnings in the pay period. Its announcement follows a consultation earlier this year that sought views on reforms to the Working Time Regulations, holiday pay, and the Transfer of Undertakings (Protection of Employment (Tupe)) Regulations.

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How to manage someone who doesn’t respect your authority

Business Management Daily

Think back to elementary school for a moment. Remember some kids who would roll their eyes at assigned tasks they did not like? Or maybe they interrupted the teacher while she talked, refused to listen when she asked them to sit down, or called her names like “stupid” behind her back (or even to her face)? Fortunately, people generally develop better ways of expressing themselves as they mature.

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The Workplace Cocktail Hour. Chris Moriarty on AI, toxic workplaces and more

Workplace Insight

In the first of a new series of news-based podcasts, I catch up with Chris Moriarty, the co-founder of Audiem and much besides. Over a glass of gin and tonic, we discuss the AI Safety Summit and the proclamations of imminent doom that came before and after it. We also talk about the covid inquiry and the toxic workplace culture it exposed as an intriguing subplot.

IT 111
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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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Compliance TV: Social Security Wage Base Increases for 2024; IRS Releases 2023 ACA Forms, Plus Announces ERC Claims Withdrawal Process; and more

PayrollOrg

In this November 2023 edition of Compliance TV: Social security wage base increases for 2024; IRS releases 2023 ACA forms and announces withdrawal process for ERC claims; and more.

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Ways to help staff improve self care at work

Employee Benefits

As we begin the run-up to Christmas, your staff’s stress levels can rise due to everything that comes with the season, whether it’s an increased workload, a lack of activity due to the dark nights and cold weather, or financial pressures from home. As an HR manager, one way you can help reduce stress is to offer your people services from DocHQ, the health and wellbeing company that can become your wellbeing partner.

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Why women can't afford to retire

Employee Benefit News

A wage gap as soon as women enter the workforce — along with life-long financial hurdles like caregiving — prevent this demographic from prioritizing their long-term savings.

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Economies need to cut carbon emissions by 7 percent annually to hit Paris target

Workplace Insight

In the lead-up to the UN’s COP28 climate conference, the world’s largest CEO-led community committed to accelerating the net-zero transition is calling on businesses and governments to further slash global carbon emissions to meet the Paris Climate Agreement goals. According to a report by the Alliance of CEO Climate Leaders, in collaboration with the Boston Consulting Group (BCG), emissions must be cut back by 7 percent each year from now until 2030 to limit global warming to 1.5°C, as agreed i

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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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Free PAYO eBook Has Your Payroll Answers

PayrollOrg

PayrollOrg’s (PAYO) free eBook, Top Payroll Questions and Answers for 2023, sponsored by Fintwist by Comdata, contains solutions to payroll questions that were raised in the past year.

Payroll 104
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Lovewell’s logic: Is it too soon to mention *whisper* Christmas?

Employee Benefits

Now that Halloween and Guy Fawkes celebrations have passed, my thoughts have inevitably turned to Christmas. I have always loved this time of year, but for some reason, this year my festive spirit seems to have arrived much earlier than usual and I am now excitedly planning for, and looking forward to, the run up to the season. Many employers will already have also embarked on plans for the festive season.

IT 105
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A Worthy Send-Off: How to Conduct an Exit Interview

HR Digest

It often seems easier to wrap things up quickly and let an employee leave quietly without stirring up too much trouble, but skipping an exit interview might be a poor choice. If you’re wondering what an exit interview is, it is essentially the opposite of a hiring interview —instead of asking an applicant why they want to join your company, you now explore why they want to leave.

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Doom scrolling, heavy totes and lumbar support pillows: 5 bad habits hurting your body at work

Employee Benefit News

A physical therapist from Brooks Rehabilitation shares the ways workers are unconsciously putting their bodies in pain-inducing positions.

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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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State Unemployment Insurance Taxable Wage Bases for 2024

PayrollOrg

Learn which states have released their state unemployment insurance taxable wage bases for 2024 in a chart provided and updated by PAYO.

Insurance 104
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How to structure a sustainable reward strategy

Employee Benefits

J.M. Image Factory/shutterstock_1864249615 Need to know: Employee benefits can play an important role in helping organisations meet their sustainability goals, as well as helping to attract and retain staff. Travel-related benefits, pensions and carbon-offsetting schemes can all help employees make a difference to their carbon footprint, and that of their employer.

Pension 105
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Where to post a job to attract top candidates

PeopleKeep

Today’s modern workforce uses job boards and social media platforms to search for opportunities with a good work-life balance, positive company culture , and robust benefits package. Posting your open roles on job sites and social media can help you reach thousands of potential employees. A Jobvite survey 1 found that 56% of job seekers use a search engine to find employment and 60% use free resume websites to attract employers.

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8 questions job seekers should ask in interviews

Employee Benefit News

Resume Builder released a list of questions job seekers should be considering when getting interviewed as we head into 2024.

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From Prevention to Remission: How HR Can Support Employees Facing Cancer Diagnoses

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.

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Compare: Medical FSA and Dependent Care FSA

Benefit Resource Inc.

If you’re wondering what the difference is between a Medical Flexible Spending Account (Medical FSA) and a Dependent Care Flexible Spending Account (DC FSA), you are not alone. Maybe you didn’t realize there is more than one type of FSA to choose from. Participants often do not understand that separate elections must be made for Medical and Dependent Care Accounts.

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Lancashire County Council ordered to pay £800,000 in discrimination case

Employee Benefits

An employment tribunal has ruled that Lancashire County Council must pay out more than £800,000 to a teacher who was made to reapply for her job while on sick leave with cancer and then sacked. Anne Healey worked as an early years specialist for the council’s schools improvement service since 2012 after a teaching career. She was diagnosed with cancer in 2014 and had periods of sickness absence while undergoing chemotherapy.

Pension 105
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Workplace Violence Prevention Bill Signed into Law

InterWest Insurance Services

Gov. Gavin Newsom has signed into law a measure that will require nearly every employer in California to have in place a workplace violence prevention plan. The expansive new law, which takes effect July 1, 2024, will require any company with at least one worker to “establish, implement and maintain” a workplace violence prevention plan, as well as require employers to conduct annual workplace violence prevention training and to keep an incident log of violent incidents in the workpl

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The corporate cafeteria is dead: Free, personalized lunch is the new office perk

Employee Benefit News

More choices, less food waste — catering options offer increased inclusivity that is better for a business's budget.

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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