Employee Benefits

NOVEMBER 15, 2023

Need to know: Employers can tailor content and communication channels to different employee groups to help with their pensions knowledge. Losing the jargon will make the language of pensions easier to understand and more relevant to staff. They could invest in financial coaching for a more personal approach to pensions education. Workplace pensions are one of the most valuable elements of the benefits package.

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PeopleKeep

NOVEMBER 15, 2023

Healthcare costs continue to rise , making it increasingly difficult for people to find affordable coverage. In response to this, catastrophic health plans have emerged as an alternative option for those who are relatively healthy and primarily seeking coverage in case of major medical events.

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Health Insurance Insurance Healthcare Medical 106

McDermott Will & Emery Employee Benefits

NOVEMBER 16, 2023

On October 4, 2023, California Governor Gavin Newsom signed Senate Bill 616 into law, officially expanding the Healthy Workplaces, Healthy Families Act of 2014, California’s paid sick leave law. Effective January 1, 2024, California employers must begin providing eligible employees with at least five days or 40 hours of paid sick leave, increased from the […] The post California Expands Paid Sick Leave to Five Days Per Year appeared first on EMPLOYEE BENEFITS BLOG.

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Paid Sick Leave Employee Benefits Employment 81

Wellable

NOVEMBER 15, 2023

More moms are taking career breaks. These aren’t setbacks—they are opportunities for upskilling. How can employers support mothers returning to work? The post Parental Pauses: Empowering Mothers Re-Entering The Workforce appeared first on Wellable.

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Employment 85

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Utilities

International Foundation of Employee Benefit Plans

NOVEMBER 14, 2023

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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Employment Employee Benefits Medical 77

HR Bartender

NOVEMBER 12, 2023

Estimated reading time: 4 minutes I’ve mentioned a few times recently about projects that might be perfect for the end of the year and thought it would be good to expand on the idea. When I worked in a corporate office, I often worked during the final two weeks of the year. At first, because I had to. Everyone else had more seniority and vacation time.

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Electronics Media Technology Management 127

Employee Benefits

NOVEMBER 13, 2023

Rescue helicopter/Jaromir Chalabala/ Shutterstock Need to know: Pre-assignment risk assessments and briefings can help an expatriate employee feel as prepared as a local if a natural disaster happens. Security risk management firms can support employees with information and support if they are affected by a natural disaster. Employers should check what is included in an evacuation and repatriation service because some only offer it when an employee needs medical attention.

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Workplace Insight

NOVEMBER 15, 2023

Office workers now spend more time in the office, with the average creeping up to three and a half days per week compared to three days in 2022 , according to a new report from international law firm, Gowling WLG. The report, titled Strategic moves: why the office is now a business-critical decision [registration], surveyed senior representatives responsible for making office lease decisions in companies, and a selection of office workers.

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PayrollOrg

NOVEMBER 13, 2023

Partnering with a global HR and payroll provider like IRIS FMP can be a game-changer for managing a diverse and dispersed workforce across multiple countries, because it can help you achieve operational efficiency, ensure compliance, and ultimately focus on growing your business on a global scale.

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Global Payroll Payroll Management IT 118

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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

Business Management Daily

NOVEMBER 15, 2023

Most managers understand the importance of providing timely feedback to their direct reports, but it’s important to remember that feedback isn’t just for employees, Effective leaders also welcome and request constructive feedback. Receiving actionable feedback from your peers and direct reports is a great way to aid your own professional development as a manager.

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Employee Benefits

NOVEMBER 15, 2023

For the last 11 years, BT has rolled out a programme of financial education for its employees to help them plan for retirement. So far, it has been delivered to approximately 80,000 of its UK employees. Kerry Shiels, pension and benefits director at BT, says: “It is very important that employees understand their BT pension and the retirement decisions they will need to make in the lead up to, and at, retirement.

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Pension Education Retirement Plan Finance 116

Workplace Insight

NOVEMBER 12, 2023

For many people, a large portion of the day is spent at the workplace. In fact, the average person will spend 90,000 hours at work over a lifetime. The Covid-19 pandemic saw the typical ‘workplace’ setting change for many people, after businesses around the globe were forced to adjust to a ‘work-from-home’ model. Now, three years later, we are starting to see more employees return to the office, with large corporations including JPMorgan, Chase, Apple and Google all announcing plans to bring the

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PayrollOrg

NOVEMBER 17, 2023

At a public meeting on November 9, the IRS Advisory Council (IRSAC) presented its annual report. Two payroll issues are included related to the Combined Federal/State Filing (CF/SF) program and the use of cryptocurrency.

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Employee Benefit News

NOVEMBER 16, 2023

Medical debt affects 100 million Americans, totaling approximately $195 billion, according to the Kaiser Family Foundation — here's how EarnIn wants to help.

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Medical Healthcare 113

Employee Benefits

NOVEMBER 13, 2023

Basic pay for public sector workers is expected to increase by 5%, the same rate as private sector staff for the first time since early 2021, according to research from the Chartered Institute of Personnel and Development (CIPD). The professional body for HR and people development’s Labour market outlook, which is released every quarter, surveyed more than 2,000 UK employers on their pay, hiring and redundancy intentions.

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Bonuses Healthcare Education Recruitment 110

Business Management Daily

NOVEMBER 16, 2023

The path of least resistance is often avoidance. As a result, many managers look the other way and sweep things under the rug rather than address them head on. It’s one thing to hold tough conversations with your employees about their performance, conduct or reliability (attendance); it’s another to ease into “safe” conversations that help them feel more at ease in delivering constructive feedback to you, their boss.

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PeopleKeep

NOVEMBER 17, 2023

For many small and medium-sized businesses (SMBs) with limited budgets, it can be tempting to try to save money on benefits spend self-administering your employees’ health benefits. While this may seem more cost-effective, any mistakes you make that put your plan out of compliance can cost you and your organization thousands of dollars in fines. If you offer or plan to offer a health reimbursement arrangement (HRA), investing in a compliant HRA software solution is a great way to avoid potential

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Software IT 105

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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

HR Digest

NOVEMBER 13, 2023

If you thought that the growing popularity of AI was just a tech thing that didn’t affect you as an HR professional, then you might need to reconsider your stance on artificial intelligence in human resource management. The adoption of AI in HR has not been as fast-paced or noteworthy as other industries, but its presence and use case is undeniably diverse.

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Employee Benefits

NOVEMBER 17, 2023

Next Wednesday, 22 November, is Equal Pay Day in the UK. This is the date when, based on mean average earnings, women effectively stop being paid for the year compared to men. According to analysis by the Fawcett Society, which is behind the day, the UK’s gender pay gap currently stands at 10.7%, a 0.2 percentage point fall, equivalent to 48 hours, from 2022.

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Payroll Software Pension Payroll Software 105

Employee Benefit News

NOVEMBER 16, 2023

From maternity and paternity leave, to on-site child care, a new survey highlights the lengths small businesses will go to keep talent.

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Insperity

NOVEMBER 14, 2023

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.

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Salary Recruitment Technology Human Resources 101

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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

HR Digest

NOVEMBER 14, 2023

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

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Media Education Employment IT 97

Employee Benefits

NOVEMBER 16, 2023

Software-as-a-service firm Zendesk has appointed Caroline Jessen chief people and diversity officer as of this month. Based in San Francisco, Jessen will oversee diversity, equity and inclusion , people operations, total reward, talent and organisational development, workforce and workplace strategy, and talent acquisition. Jessen has more than 20 years of experience leading people teams in Europe and globally at Cisco and IBM.

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Software Employee Benefits IT 105

Employee Benefit News

NOVEMBER 14, 2023

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

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Employee Benefits 142

PayrollOrg

NOVEMBER 15, 2023

The third quarter edition of the SSA/IRS Reporter contains three PAYO articles.

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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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