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ACA Affordability Percentage Increases to 9.02% for 2025

PayrollOrg

The IRS released its annual inflation adjustment to the percentage of household income used to determine whether an employer’s offer of health care coverage under the Affordable Care Act (ACA) is affordable.

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Understanding employee turnover rates

Achievers

Employee turnover rates are a crucial metric for organizations to monitor, as they show how frequently employees leave the company. Beyond just tracking numbers, understanding turnover rates requires identifying the root causes of employee departures and developing effective retention strategies in response. In this article, you’ll learn the common reasons for high employee turnover, how to develop an effective formula to measure it, and actionable strategies to mitigate it.

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Take-Aways From a Back-to-School Virtual Conference

Money Talk

Each year in August, Next Gen Personal Finance holds an all-day Back-to-School Virtual Conference for financial educators. I recently attended part of this program to learn about topics related to my work for clients. I firmly believe that, when you are well versed on current events, you enhance your credibility with clients and students. Below are six of my content take-aways: Generative AI Prompts - Users need to “poke and prod” prompts for generative AI programs (e.g., ChatGPT, Bing, and Gemi

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Digital transformation efforts yet to translate into greater productivity at many firms

Workplace Insight

British and Irish firms are increasing their investment in digital transformation, according to Docusign’s Digital Maturity Report 2024 , but this hasn’t yet translated into improved productivity or digital maturity. The poll of 600 decision makers in the UK and Ireland, now in its second year, reveals what it claims is a ‘stark productivity and efficiency paradox’ for employers, as well as a Catch-22 for workers.

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From Payroll Pains to Growth Gains: Streamlining Payroll & HR for Success

Speaker: Joe Sharpe and James Carlson

In the world of small business management, the challenge of managing payroll & HR efficiently while scaling operations can be overwhelming. Yet, with the right strategies in place, these challenges can become opportunities for growth and innovation. In this session, Joe Sharpe, Senior Director of Managed Payroll Services at IRIS, will reveal practical methods and expert insights for outsourcing and streamlining payroll processes, resulting in substantial time and resource savings.

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WEX celebrates World EV Day by welcoming AmpUp and Blink to EV charging network

WEX Inc.

Today on World EV Day, WEX announces the addition of two leading electric vehicle (EV) charging brands – AmpUp and Blink Charging – to its en route charging network in the U.S. This expands WEX’s EV charging network to approximately 130,000 public chargers nationwide. “For the estimated 19.4 million commercial vehicles that WEX services worldwide, we continue to integrate EV functionality and ease into existing offerings – empowering organizations to manage EVs alongside traditional internal com

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Engage in Peer-to-Peer Networking With New Global Forum

PayrollOrg

PayrollOrg is excited to announce the launch of The Global Forum, the newest addition to The Payroll Community. Learn how to use the forum to network with your global payroll peers, ask questions, and stay on the forefront of industry trends.

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Slip Slidin' Away

Florida Workers' Comp

The Point is back on Wednesday, September 18, 2024, at 13:00, Eastern. We will strive to identify clues and signs of people with cognitive or emotional challenges. We live in an age of significant life expectancy, and in a variety of jobs, many are working beyond traditional "retirement" ages. In addition, some perceive general increases in mental health issues across generational lines.

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Ovo awarded menopause-friendly accreditation

Employee Benefits

Energy supplier Ovo has been awarded menopause -friendly accreditation in recognition of its support for employees who are going through perimenopause and the menopause. In order to achieve accreditation, which was developed by Henpicked: Menopause In The Workplace, employers are assessed on their effectiveness in the areas of culture, policies and practices, training, engagement , and working environment by an independent panel.

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What we should learn from the sad story of Denise Prudhomme

Workplace Insight

I was chatting to somebody last week about the person in the US who died at their desk, unnoticed for over four days. The instinctive and understandable response was to ask if the story is apocryphal. Sadly, not. Sixty-year-old Denise Prudhomme had clocked into work at the Arizona office of Wells Fargo at 7 am on Friday, August the 16th. Her death some time that day went unnoticed until the following Tuesday afternoon, when a colleague discovered her body slumped over her desk in a cubicle.

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Plant the Seed for Successful Onboarding!

Our Free Welcome Email Templates (designed for both in-office or virtual employees) are ready for you to customize and use to plant the seeds of success for new team members.

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A data-driven approach to health plan management for SMBs

Employee Benefit News

Information is being leveraged to inform and guide decision-making in the face of escalating healthcare costs without much transparency and accountability.

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Minnesota Minimum Wage to Increase in 2025

PayrollOrg

Effective January 1, 2025, the Minnesota minimum wage will increase to $11.13 per hour. The new rate will apply to all employers, regardless of size.

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Dopey Vernacular

Florida Workers' Comp

I had the opportunity recently, at the Workers' Compensation Institute, to converse about a variety of issues with those who regulate Worker’s Compensation in America. The conversation eventually turned to dope, and there was great interest and entertainment found in the topic. Dope somehow persistently invades such conversations. There is some degree of academic interest.

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Parents Are Stressed: How Workplaces Can Help

International Foundation of Employee Benefit Plans

Last week, the U.S. Surgeon General Dr. Vivek Murthy released Parents Under Pressure: The U.S. Surgeon General’s Advisory on the Mental Health & Well-Being of Parents, highlighting the urgent need to better support parents, caregivers and families to help our communities thrive. Parents […] The post Parents Are Stressed: How Workplaces Can Help appeared first on Word on Benefits.

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Engage, Empower, Excel: Transforming Performance in the New Era of Work

Speaker: Radhika Samant and Adri Glover

The world of work has fundamentally changed. The series of waves that the pandemic began have rippled through the Great Resignation, quiet quitting, the Great Regret, and other eloquent phrases that boil down to the same thing: people aren’t engaged at work or enabled to perform at their best. The truth is that engagement and enablement is more important than ever, but how we do it is the critical differentiator for many organizations.

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70 meaningful thank you quotes and messages for showing appreciation

Achievers

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The naked truth about my HR nonprofit journey

Employee Benefit News

Devoting time and energy to making a social impact can be a highly rewarding experience whose mission, vision and purpose is greater than the individuals leading the teams.

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Compliance TV: Federal Per Diem Rates Updated for Fiscal Year 2025; USCIS Extends Form I-9 Expiration Date; and more

PayrollOrg

In this September 2024 issue of Compliance TV: Federal per diem rates updated for fiscal year 2025; USCIS extends Form I-9 expiration date; and more.

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Teflon Flu

Florida Workers' Comp

In the realm of Worker’s Compensation, one of the most difficult topics to address is occupational disease. We are surrounded by a significant measure of potential irritants, pollutants, viruses, and more. Perhaps the most challenging element of these is their existence in a variety of locations in our daily lives. In the early days of my legal practice, I was embroiled in a massive volume of asbestos claims.

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How to Increase Diversity in Your Workforce Through AI Technology

Diversity and inclusion are crucial for building a strong and innovative workforce. Discover how AI technology can revolutionize your hiring process and drive diversity in your organization. Explore over 10 ways AI recruiting tools can help you identify a wider pool of candidates, enhance communication strategies, and eliminate unconscious bias. Embrace the future of recruitment and create a more diverse and inclusive workplace with AI technology.

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Scottish Environment Protection Agency introduces domestic abuse and gender-based violence policy

Employee Benefits

The Scottish Environment Protection Agency (SEPA) has implemented a new domestic abuse and gender-based violence policy aimed at fostering a safe, inclusive and supportive workplace for all of its employees. As part of its zero-tolerance approach to any form of violence and discrimination, the policy was designed to ensure that all employees, regardless of gender, are protected and supported.

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IRS Guidance on Qualified Student Loan Payment (QSLP) Match Programs

International Foundation of Employee Benefit Plans

Section 110 of the SECURE 2.0 Act of 2022 allows employers to make matching contributions toward employees’ qualified student loan payments (QSLPs) to 401(k) plans, 403(b) plans and governmental 457(b) plans (and SIMPLE IRAs plans not summarized in this blog). Internal Revenue […] The post IRS Guidance on Qualified Student Loan Payment (QSLP) Match Programs appeared first on Word on Benefits.

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These resources can help workers recover from substance use disorders

Employee Benefit News

September is National Recovery Month. Is your workplace a supportive environment for people who need help with substance use disorders?

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Employee Engagement Calendar: Your Year-Round Roadmap for 2024-25

Vantage Circle

Employee engagement has become the cornerstone of a thriving work culture. But achieving it is not easy. It requires the right strategies and a positive approach. Fostering an environment where employees are engaged, you must be aware of engagement events throughout the calendar year. To help you with that, we have created an employee engagement calendar highlighting the critical dates that you can celebrate in your workplace.

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How To Empower Your Workforce With Modern Fertility Benefits

Speaker: Andrea Wuchiski

In an era where a workforce spans multiple generations, HR managers and Total Rewards leaders face the unique challenge of designing benefits packages that cater to diverse employee needs. This session will delve into how comprehensive fertility benefits can bridge generational gaps, support employees’ health, and enhance workplace satisfaction. Join us for an insightful session that highlights the strategic importance of fertility benefits in today’s competitive job market.

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Informed Consent

Florida Workers' Comp

There are a multitude of issues surrounding medical care. Anyone who has undergone a medical procedure is somewhat attuned to the idea of "informed consent." An article published by the National Institute of Health (NIH), titled Informed Consent , defines this as: "Informed consent is the process in which a health care provider educates a patient about the risks, benefits, and alternatives of a given procedure or intervention.

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EEOC Issues Construction Industry Harassment Prevention Guidance

InterWest Insurance Services

The Equal Employment Opportunity Commission has issued new guidance for preventing harassment on construction industry worksites. The guidance, while not binding, can be used as a template for construction firms to implement anti-harassment policies. According to the EEOC, the industry has an especially high incidence of harassment complaints, and “some of the most egregious incidents of harassment investigated by the EEOC have arisen in the construction industry.” The nature of the

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How to Pick the Best Leave Management System for Your Business Needs

Qandle

Managing employee leave can be a complex and time-consuming task, especially as your business grows. An employee leave management system can simplify the process, ensuring that your organization runs smoothly while keeping employees satisfied. But with so many options available, how do you choose the right system for your business? This guide will walk you through the key considerations to help you make an informed decision.

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Prevent retirement-saving regrets with these tips

Employee Benefit News

Most Americans wish they had started saving for retirement sooner and that they hadn't withdrawn money early from retirement accounts, a recent study says.

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The Employers Guide to Controlling Cancer

About 40% of us will be diagnosed with cancer in our lifetime, and patients are getting younger. At the same time, the cost of treatment continues to rise, with employers spending 8.5% more on cancer care for each employee than they did last year. The best thing employers can do for their employees and business tomorrow is to invest in cancer detection and care today.