International Foundation of Employee Benefit Plans
NOVEMBER 1, 2023
Weight loss drugs have remained the headlines for most of 2023 due to their impact on diseases like obesity and diabetes. We asked Barbara A. Martinez, National Practice Leader, Drug Solutions at Canada Life to share her insights on benefit trends, GLP-1 […] The post Benefit Trends Making Headlines: What to Know Now appeared first on Word on Benefits.
Wellable
NOVEMBER 1, 2023
With low job satisfaction rates across generations, tailored benefits emerge as a solution to appeal to a multi-generational workforce. The post Adapting Benefits For A Multi-Generational Workforce appeared first on Wellable.
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TalentCulture - Employee Benefits
OCTOBER 31, 2023
The pandemic and inflationary conditions are putting extraordinary pressure on workers to provide for their families. In fact, the U.S. government estimates that nearly 40% of citizens would struggle to cover the cost of a $400 emergency. What’s more, 60% of survey respondents told Bankrate they’re falling behind in saving for an unexpected expense.
McDermott Will & Emery Employee Benefits
NOVEMBER 1, 2023
The Internal Revenue Service recently announced the cost-of-living adjustments to the applicable dollar limits for various employer-sponsored retirement and welfare plans for 2024. Certain health and welfare plan limits have not yet been released. Most of the dollar limits that are subject to adjustment for cost-of-living increases will increase for 2024.
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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
NOVEMBER 1, 2023
Jeri Hawthorne, CHRO at Aflac, breaks down the gap between employer-provided benefits and employees' needs.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
PayrollOrg
OCTOBER 31, 2023
On October 30, President Biden issued an Executive Order that establishes new standards for artificial intelligence (AI) safety and security.
Florida Workers' Comp
OCTOBER 29, 2023
Words have meaning. They are the tool of lawyers everywhere, and the law often turns on the use of them. The expressions may be in statute or contract. They may be written or spoken. Their meaning may be patent, or subject to interpretation. There are times that even the punctuation between them will bring meaning or doubt. See I Never Knew Oxford had a Comma (March 2017).
Employee Benefits
OCTOBER 31, 2023
The majority (87%) of organisations have been approached by an employee in the past 12 months to discuss concerns relating to their wellbeing, according to new research from Mintago. The fintech startup surveyed 503 senior managers within UK-based organisations in both the public and private sector, and found that mental health (48%), job satisfaction (43%) and financial wellbeing (40%) were the most prevalent concerns that employees spoke to their managers about.
Workplace Insight
OCTOBER 30, 2023
The latest report outlining how the lack of some or other workplace feature would lead to mass resignations and job rejections arrives from recruitment firm Robert Half. And yes, we do wish PR companies and their clients would knock it off now. If we added up all these polls, nobody would stay in or accept any job. According to the poll, a lack of flexible working would drive almost half of UK workers to reject a job offer.
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!
PayrollOrg
NOVEMBER 3, 2023
Read PAYO’s article, “Model Act for Independent Contractor Reporting” in the October edition of the Child Support Report, published by the federal Office of Child Support Services.
Employee Benefit News
NOVEMBER 2, 2023
By capturing employee attention with popular benefits, employers can piggyback communication about the most valuable enhancements for their workforce.
Employee Benefits
NOVEMBER 3, 2023
Credit: Sundry Photography / Shutterstock.com Ride-share firms Lyft and Uber have agreed to pay $328 million (£262 million) in settlements to current and former drivers following investigations by New York Attorney General Letitia James. The multi-year investigations into Uber and Lyft found that pay and benefits available under New York labor laws had been withheld from more than 100,000 New York drivers.
Workplace Insight
NOVEMBER 3, 2023
Herman Miller has introduced a new framework that helps organisations uncover the purpose of their workplace. The approach addresses the human needs of employees to improve their wellbeing, fosters a sense of community and connection, and helps organisations navigate, prepare, and design for change. The firm sets out its thinking here. The last few years have completely upended traditional notions of the workplace.
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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.
PayrollOrg
NOVEMBER 2, 2023
The IRS announced the changes to the dollar limits on benefits and contributions under qualified retirement plans for tax year 2024.
Business Management Daily
OCTOBER 30, 2023
What does the skills section of your resume look like? Is it a concise, ever-changing list of skills directly correlating to each job you’re applying to? Or is it an unorganized mishmash of various job skills? If it looks like the latter instead of the former, don’t worry. By the end of this article, you’ll know how to develop a stellar skills section that’s impressive, succinct, and contains crucial keywords that align with the employer’s applicant tracking systems (ATS).
Employee Benefits
NOVEMBER 1, 2023
Symptoms of a lack of sleep in employees can include reduced concentration, impaired mobility and decreased reaction times. Sleep management and ensuring a better work-life balance should be a part of health and wellbeing strategies. Leading from the top down is effective in addressing that not prioritising rest results in poor long-term performance and wellbeing.
Workplace Insight
NOVEMBER 1, 2023
According to Owl Labs ’ annual State of Hybrid Work Report , 32 percent of employees believe that AI will help them do their jobs more efficiently, while a further 22 percent think AI will create new jobs allowing their teams to grow. However, uncertainty around AI regulation and safety is causing ‘AI anxiety’ to grow, with nearly 1 in 5 UK workers (17 percent) concerned that AI will steal their jobs.
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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?
PeopleKeep
NOVEMBER 1, 2023
If you have health insurance—whether through your employer or a policy you purchased on the individual market—it’s essential to know specific health insurance terminology. This can be confusing at first, but learning standard terms will help you understand what medical services your plan covers and how much you’ll pay out-of-pocket for care.
Proskauer's Employee Benefits & Executive Compensa
NOVEMBER 3, 2023
On November 1st, the IRS released a number of inflation adjustments for 2024, including to certain limits for qualified retirement plans. As expected, this year’s adjustments are more modest than last year’s significant increases. The table below provides an overview of the key adjustments for qualified retirement plans.
Employee Benefits
NOVEMBER 1, 2023
Octopus Investments offers its 750 UK employees a range of support tools to help with their sleep as part of its wellbeing hub. Through the hub, the financial services firm’s employees can access a premium Headspace account which has dedicated sleep support from guided meditations, sleep casts, music and soundscapes. Emma Ryan, co-wellbeing lead at Octopus Group, says: “We also offer sleep support through Wellness Cloud, which provides one-to-one consultations to our employees in lots of a
Darwinbox
NOVEMBER 1, 2023
In today's fast-paced business landscape, companies are constantly seeking ways to optimize their operations and drive growth. Enter the human resource information system (HRIS), a game-changing software solution that automates tasks, consolidates data, and enhances employee management with remarkable efficiency. But implementing an HRIS is no small feat — it requires careful planning and strategic execution.
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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
PeopleKeep
NOVEMBER 1, 2023
Employee healthcare benefits play a crucial role in attracting and retaining talent , as well as promoting overall well-being in the workplace. Traditionally, group health insurance has been the go-to option for employers. However, the introduction of the individual coverage health reimbursement arrangement (ICHRA) in recent years has given organizations an alternative to consider.
UMB: Emplooyee Benefits
NOVEMBER 2, 2023
UMB is proud to support associates with tuition reimbursement so they can pursue higher education. Discover what associates say about the program. The post Tuition assistance: Supporting your higher education goals appeared first on Financial insights for individuals and businesses.
Employee Benefits
NOVEMBER 2, 2023
More than four million people are now covered by health insurance through their employer, according to data from the Association of British Insurers (ABI). The number of employees benefitting from health insurance increased by 8% from four million in 2021 to 4.4 million in 2022. Meanwhile, workplace policies also saw a 15% increase in claims, with one million made in 2022 compared to 873,000 in 2021.
Qandle
NOVEMBER 1, 2023
In today’s rapidly evolving business landscape, managing human resources efficiently is paramount for any organization’s success. With the advancement of technology, businesses are increasingly turning to Human Resource Management Systems (HRMS) integrated with robust HR software solutions. In this detailed and informative blog post, we will explore the top 10 benefits of selecting the best HR software with an HRMS portal.
Advertiser: Paycor
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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