Sat.Dec 09, 2023 - Fri.Dec 15, 2023

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5 benefits that will rule 2024

Employee Benefit News

The chief well-being officer from EY and chief people officer from Headspace reveal what benefits will be vital to employee productivity and retention.

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New flexible working rights to come into force next year

Workplace Insight

Plans to allow employees to request flexible working from their first day of employment are due to come into force from April 2024. Regulations have been laid before Parliament this week removing the requirement for 26 weeks’ service to ask for flexible times and places of work, due to come into effect on 6 April next year. Under the Flexible Working (Amendment) Regulations any requests made from 6 April do not need any service requirement, meaning that employees will be able to make a flexible

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What Are Excepted Benefits, and Should You Offer Them to Employees?

Patriot Software

Navigating through the waters of health insurance coverage is tricky. You might be wondering, Do employers have to offer health insurance? Although the Affordable Care Act (ACA) requires employers with 50 or more full-time equivalent employees to provide health insurance, no employer has to offer excepted benefits. But, many employers do offer excepted benefits.

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Minimum wage rates for 2024 by state

PeopleKeep

If you’re an employer hiring for the first time, knowing the minimum wage rate in your state is crucial. Even though there hasn’t been a federal minimum wage increase since 2009, many states have set their own minimum wage laws in more recent years that you must follow if you have employees or plan to hire in that location. This can be incredibly challenging if you’re operating a remote company with employees in multiple states.

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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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Target Benefit Plans: An Update on Where They Stand

International Foundation of Employee Benefit Plans

Although target benefit pension plans have been in a state of unknown for a while, they are now closer to having a permanent funding model with several new proposals currently under consideration. In 2015, the Office of the Superintendent of Financial Institutions […] The post Target Benefit Plans: An Update on Where They Stand appeared first on Word on Benefits.

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Artificial Intelligence: What HR Pros Can Do to Prepare For the Future

HR Bartender

Estimated reading time: 8 minutes Not a day goes by without some news about artificial intelligence (AI). The latest being the ouster – and return – of OpenAI CEO Sam Altman. The world of AI is exciting, dynamic, and full of potential. Just like human resources. Artificial intelligence is changing our jobs and the HR function. Regardless of where you and your organization are regarding AI adoption, it’s important to stay on top of the latest developments.

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Due Process and Service

Florida Workers' Comp

I am not much of a country music fan (sorry if that is your genre). But I had a news story hit my list yesterday that was intriguing. It involves someone who sings that music, and he is apparently well-known (I really need to get out more, perhaps). But, the interest is in the concept of due process that lies at the foundation of our constitutional republic and the way the adjudicatory process works.

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Mental health trends and predictions for 2024, according to Lyra

Employee Benefit News

Lyra Health's latest research reveals some important changes that can be made around employee expectations to improve mental health outcomes.

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Half of HR teams to prioritise preparing for AI’s impact in 2024

Employee Benefits

More than half (55%) of HR teams say their top priority for 2024 will be preparing their organisation for the impact of artificial intelligence (AI) and automation, according to research by digital services and payments platform Edenred. Its annual People barometer 2023 also found that in 2024, 43% of respondents will prioritise support for employee wellbeing , followed by investment in employee engagement (36%).

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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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NCSEA Offers Free Podcast on Child Support and Gig Workers

PayrollOrg

The National Child Support Engagement Association (NCSEA), in which PayrollOrg is a member, releases another free podcast on child support.

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The Florida OJCC Today

Florida Workers' Comp

The 2022-23 Florida OJCC Annual Report is likely the most introspective annual review in the world of workers' compensation adjudication. It is a broad and deep analysis of where the adjudication process is and what its trajectory has looked like in the last year. The following is excerpted from the report, which is available in its entirety on the OJCC website , along with 23 prior renditions of this expose.

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The Evolving Job Market in the Eyes of a Recruiter

Vantage Circle

The recruiting landscape has shifted dramatically in recent years. Candidates now have far more power than they did just a few years ago. In fact, research shows that the current job market is almost 90% candidate-driven. This means that companies no longer have the luxury of picking talent; talent picks them. As a result, hiring qualified job candidates with in-demand skills, has become difficult.

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Workplace innovation is boosted when managers have high social status

Workplace Insight

Social status of top management in a company is positively associated with innovation, including workplace innovation, due to greater access to resources for research and development (R&D), finds new research from UCD Lochlann Quinn School of Business (UCD Quinn School). The findings were first published in the journal R&D Management. Professors Luca Pistilli and Alessia Paccagnini, both from UCD Quinn School, and Ali Radford from Aston Business School collected the financial, ownership,

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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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NCSEA Offers Free Podcast on Child Support for Independent Contractors

PayrollOrg

The National Child Support Engagement Association (NCSEA), in which PayrollOrg is a member, has released a free podcast on child support.

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Mirit Ehrenstein and Louise Mason: Changes to remuneration, pay transparency and diversity metrics in 2023

Employee Benefits

The end of 2023 saw considerable changes to regulation and guidance around many employment issues, including remuneration, pay transparency and diversity metrics. The bonus cap has been removed. This means that UK banks that had to limit variable remuneration to 200% of fixed pay are now permitted to pay bonuses at a higher level. The cap did not limit total pay and resulted in exerting upward pressure on fixed pay and reducing the share of pay at risk.

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Top 50 New Year Office Party Ideas

Vantage Circle

Get ready to ring in the New Year at the office! This blog is packed with the 50 best New Year Office Party Ideas for 2024 to make your celebration a hit. New Year marks the start of a beautiful journey—a day filled with fresh goals, joyful moments, and warm beginnings. As the first party of the year, let's cherish its significance. Explore this blog for top office New Year party ideas, including exclusive suggestions for remote teams and various company sizes to suit different budge

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Technology is stealing your time in ways you may not realise

Workplace Insight

Technology is supposed to make our lives easier. Smart phones provide a palm-size window to the world, enabling us to do almost anything at the touch of a button. Smart homes look after themselves, and virtual meetings mean that for many, time spent commuting is a thing of the past. So we should have more free time. Time which is now spent sleeping, relaxing or simply doing nothing – right?

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An HR Leaders Guide: 7 Questions To Ask When Developing Your Cancer Strategy

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?

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PayrollOrg Supports USCIS E-Verify NextGen Project

PayrollOrg

PayrollOrg commented in support of U.S. Citizenship and Immigration Services’ (USCIS) proposed new E-Verify NextGen service.

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What Is HR Information Systems, A Comprehensive Guide to HR Information Systems

Qandle

Human Resources Information Systems (HRIS) are software solutions designed to streamline and enhance various HR functions within an organization. These systems integrate and automate processes related to human resource management, providing a centralized platform for managing and accessing HR-related data. HRIS serves as a comprehensive database for employee information and supports a wide range of HR activities.

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Brewers Decorator Centres supports and values neurodiverse staff

Employee Benefits

Decorators merchant Brewers Decorator Centres demonstrates support for its neurodiverse employees through a dedicated policy that recognises the strength and opportunities a workforce of this kind can bring. The organisation, which has more than 200 sites across the UK and Jersey and 1,500 employees, introduced a neurodiverse policy in written, video and dyslexia-friendly formats in November 2023.

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Government brings forward plans to relocate 22,000 jobs away from London

Workplace Insight

The UK Government is bringing forward its target to relocate 22,000 civil service roles out of London. It comes as new figures today show that 16,061 roles have already been moved out of London, exceeding the commitment to relocate 15,000 roles by 2025 as part of the Places for Growth programme. Under the newly announced plans, Aberdeen, Darlington and Greater Manchester are to host second headquarters for major departments.

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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

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3 ways to support sober employees during holiday party season

Employee Benefit News

The holidays can be challenging for people in recovery for drug and alcohol addictions, but there are ways to navigate the season with the right support.

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The Power of HR Management Information Systems

Qandle

In the fast-paced world of business, Human Resources (HR) departments play a crucial role in managing a company’s most valuable asset – its people. The advent of technology has transformed HR processes, and one of the key innovations is the HR Management Information System (HRMIS). This blog explores the significance of HRMIS, its functionalities, and the myriad benefits it offers to organizations aiming for efficient workforce management.

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How to support employees with neurodiverse conditions

Employee Benefits

Some neurodiverse conditions can be considered a disability under the Equality Act 2010, so employers have a legal duty to make reasonable adjustments. Employers can put tools in place to holistically support neurodiverse employees’ mental wellbeing. Biases in performance evaluations or promotion should be removed as they are not conducive to a workplace that is fair for all employees.

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Get Workplace Insight weekly straight to your inbox

Workplace Insight

Get the best of the previous week’s news, features and commentary from Workplace Insight direct to your inbox by subscribing at the link below. In this week’s newsletter : news on the growth in the flexible working market, the impact of AI on middle class jobs, and how the final stage of your career might be one of disillusionment. There’s commentary on the most popular workplace stories from the past year and how tech is stealing your time.

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How to Build the Ideal HR Team

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.