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Compliance TV: IRS Announces HSA Limits for 2024

PayrollOrg

In this June 2023 edition of Compliance TV: IRS Announces HSA Limits for 2024; DHS Extends Date to Physically Check Documents to August 30; IRS Releases Form 941-X, Instructions; IRS Releases Drafts of Forms W-2c and W-3c, 2024 Form W-3, and more.

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Fee Schedules Revised

Florida Workers' Comp

This post continues the discussion of the impact of CS/CS/HB487 (2023). The first part, including reminders of the nomenclature and legislative process, is in Major Change in the EMA (May 2023). This bill is not a major revision of the workers' compensation law. However, the impact on provider fee schedules may be profound. In any event, the changes should help to attract providers to workers' compensation.

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Useful Information from 2022 Webinars- Part 2

Money Talk

As I noted in a previous post , I periodically summarize notes taken from various webinars that I think might be useful to others. Below are seven information tidbits that caught my eye: Defensive Investing- Financial markets were volatile in 2022 and, for a while, “there was no (good) place to hide.” Stocks and cryptocurrencies experienced big drops in value, bond prices decreased when interest rates rose, and cash assets were eroded by high inflation.

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HR and Friendship: Can It Be Possible at Workplace?

HR Digest

“When people are financially invested they want a return. When people are emotionally invested, they want to contribute” Simon Simek HR isn’t ‘your friend’ but is neither your foe. “Transparency and flexibility can allow HR to effectively wear the “dual hat” of communicator and company arm” , one expert told HR Dive. HRs are essentially human. HR personnel are certain to come across a few personal details that employees might not discuss with their co-workers otherwise through their role in the

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Prevent Toxic Work Culture and Protect Your Peoples’ Physical and Mental Health

The U.S. Surgeon General's warning about the role of the workplace on mental and physical health states that employers have an opportunity to turn workplaces into “engines of mental health and wellbeing”. Discover what it takes to foster workplace wellbeing and how to prevent a “toxic work culture”.

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The Internet and a pile of turtles that goes all the way down

Workplace Insight

In his 1998 book A Brief History of Time, Stephen Hawking relates the following anecdote: “ A well-known scientist (some say it was Bertrand Russell) once gave a public lecture on astronomy. He described how the earth orbits around the sun and how the sun, in turn, orbits around the centre of a vast collection of stars called our galaxy. At the end of the lecture, a little old lady at the back of the room got up and said: “What you have told us is rubbish.

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Florida Requires Certain Private Employers to Use E-Verify Beginning July 1

PayrollOrg

Effective July 1, 2023, private employers in Florida with 25 or more employees must use the E-Verify system to verify a new employee’s employment eligibility within three business days after the first day that the new employee begins working for pay.

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The top 10 most-read articles between 26 May – 1 June 2023

Employee Benefits

The top 10 most-read articles on www.employeebenefits.co.uk between 26 May – 1 June 2023 were: Amazon introduces flexible-working options Virgin Media O2 staff accept pay deal Neonatal, carer and family leave acts receive Royal Assent Exclusive: Channel 4 and Citi shortlisted for Best benefits for reproductive health 46% of young staff think employers could help financial burdens more Exclusive: Bupa and Vivup shortlisted for Best supplier to work for West End performers and stage manager

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Virtual Interview Tips for Landing a Remote Job

BetterUp

Jump to section Types of virtual interviews 6 virtual interview tips to help you get the job 3 common virtual interview questions Put your best (virtual) foot forward

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That’s the Way Financial Caregiving Goes

International Foundation of Employee Benefit Plans

One of my good friends recently asked me to go to a Janet Jackson concert with her. I weighed the thrill of dancing along with Janet to the memorized choreography of “Miss You Much” versus a good night’s sleep. A good night’s […] The post That’s the Way Financial Caregiving Goes appeared first on Word on Benefits.

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Enhancing Employee Satisfaction and Children's Health: HR Trends in Early Childhood Dental & Vision Care

Speaker: Hayley Doran - Chief Growth Officer, Group Benefits Humana | John Lahr, OD, FAAO - Medical Director EyeMed | Dean Fry, DDS - Chief Dental Officer, Humana

As employees negotiate benefits - either as new recruits into a company or for retention purposes - oral and vision care for employees and their families is becoming an increasingly common request. Benefit providers are fielding more and more questions from HR leaders on how to offer flexible benefits and convenient access to oral and vision care for children and families.

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16 Surprising FSA and HSA Eligible Expenses Your Employees Should Know About

InterWest Insurance Services

Employers offer flexible savings accounts and health savings accounts to their employees so they can build up funds with pre-tax dollars to pay for health care and related expenses. For the most part, people use their funds in FSAs and HSAs to reimburse themselves for out-of-pocket costs like copays, health insurance deductibles and the cost of prescription medications.

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PayrollOrg Contacts FDIC About Bank Failures, Payroll

PayrollOrg

PayrollOrg’s GRTF Federal Issues Subcommittee sent a letter to the Federal Deposit Insurance Corporation (FDIC) to talk about the risks that bank failures have on payroll.

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Natwest Group completes acquisition of Cushon

Employee Benefits

Credit: William Barton / Shutterstock.com Banking organisation Natwest Group has completed its acquisition of a majority shareholding in workplace savings and pensions fintech Cushon. The group agreed to acquire 85% of Cushon for £144 million back in February, with 15% retained by management. It was approved by the Financial Conduct Authority (FCA) last month.

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15 Ways to Manager Anger at Work

BetterUp

In today's professional landscape, it's not uncommon to face moments of frustration or irritation at work. Whether it's a one-off occurrence or a recurring pattern, managing anger in the workplace is crucial for effectively expressing emotions and maintaining a positive work experience.

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Combatting the Effects of Inflation: Keeping Benefits Competitive While Cutting Cost

Speaker: Jaye Johnson, CBP - Employee Benefits and Total Rewards Leader, World at Work Content Author, and Speaker

After years of facing the global pandemic, we are now struggling with a new problem: inflation. No one could have predicted the impact of inflation on employee benefits and how it affects both employees and employers. Employers are now trying to maintain or lower the cost of benefits while competing for talent in a competitive and tight labor market, but the rising costs of consumer goods and healthcare make it extremely difficult to consider increasing their benefit offerings.

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Office refurbishments rise to all time high in London

Workplace Insight

According to the latest London Office Crane Survey from Deloitte, London has seen the highest volume of new office refurbishments since records began in 2005, with 37 new schemes covering 3.2 million sq. ft. The volume of all projects including both office refurbishments and new space is up by almost 80 percent, with the West End continuing to lead the way.

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Procedural?

Florida Workers' Comp

In Major Changes in the EMA (May 2023), the news broke regarding CS/CS/HB487 and the end of the statutory EMA mandate. This is a very small (one-word) change from "the judge of compensation claims shall " to "the judge of compensation claims may." Seemingly gone is the mandate that has underlay so much litigation, appellate review, and angst. Seemingly.

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PayrollOrg Comments on Missouri Overtime, Income Tax Reduction Bill

PayrollOrg

PayrollOrg’s Government Relations Task Force State and Local Topics Subcommittee offered concerns and recommendations about Missouri S.B. 452.

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Experian and HLB International among Global Most Loved Workplaces 2023

Employee Benefits

Data analytics and consumer credit reporting organisation Experian, cryptocurrency firm Kraken, and advisory and accounting organisation HLB International have been named as some of the Global Most Loved Workplaces 2023 by Newsweek. Published for the first time in partnership with benchmark research organisation Best Practice Institute, the list is based on survey results of more than two million employees from different industries and businesses, along with analysis of external public online ra

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Unleashing AI in Recruitment: The Ultimate Guide

Discover the power of AI in recruitment with Paycor’s complete guide. Learn how to streamline your hiring process, increase interview pipeline, uncover candidates other tools miss, and save time. Get ready to revolutionize your talent acquisition strategy today!

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What is Candidate Engagement in HRM?

HR Lineup

In today’s highly competitive job market, attracting and retaining top talent is a crucial task for organizations. To achieve this, Human Resource Management (HRM) professionals have recognized the importance of candidate engagement throughout the recruitment process. Candidate engagement refers to the strategies and activities employed to build and maintain a positive relationship with potential candidates, from the initial contact to the final hiring decision.

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Resenteeism. Destructive, contagious and in your workplace right now

Workplace Insight

You measure absenteeism. You are aware of presenteeism. But what are you doing about the new kid on the block – resenteeism? This occurs when employees stay in a job despite being fundamentally unhappy. They don’t want to be at work and when they are there, they actively resent it. Increasingly employees are fed up, across varying sectors, and showing some common threads or ‘symptoms’ of resenteeism.

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7 secrets to managing Gen Z in a remote workplace

Insperity

The rise of Generation Z in the workplace comes during a transformative period. The oldest members of Gen Z, the people born between 1996 and 2012, are approaching their mid-20s and therefore have only been in the professional workforce for a few years. Like other generations before them, they bring a new mindset along with different wants and expectations.

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15Five Wins Best Midsize Business-Focused HR Tech Solution From Lighthouse Research & Advisory

15Five

We are excited to announce that 15Five has won a prestigious Talent Management HR Tech award from Lighthouse Research & Advisory. For over ten years now, the Lighthouse team has been serving HR, talent, and learning professionals with practical research and advice. The purpose of this award program is to help buyers and employers understand some of the best companies in the industry for technology selection needs.

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HR and Employee Healthcare Reform: Keys to Increasing Employee Wellness and Retention

Speaker: Mallory Herrin, CEO & Principal HR Consultant at HerrinHR

Your employees are your most valuable resource. If you want to retain employees and keep them happy, you want to make the incentives more valuable. With a full-stack employee experience, culture, health, wellness and benefits navigation solution, you can provide employees with the wellbeing support they need. The results? Employees who are happier, healthier, and more engaged, as well as a business that is thriving both internally and externally, every day.

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Neora implements Bare Minimum Mondays

Employee Benefits

Something for the weekend: Global skincare, wellness, hair care and weight management firm Neora has implemented a ‘Bare Minimum Mondays’ policy for some members of its workforce. One way to avoid the Sunday scaries for sure! Caitlin Winter, marketing manager for Neora Australia, New Zealand and Singapore, set up the initiative for her small marketing and events team after being inspired by a TikTok video about it by Marisa Jo Mayes, co-founder of US startup Spacetime Monotasking.

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What is eNPS (Employee Net Promoter) Score?

HR Lineup

In today’s competitive business landscape, organizations are increasingly realizing the importance of employee satisfaction and engagement. Happy and motivated employees not only contribute to a positive work environment but also play a crucial role in driving business success. To assess the overall sentiment and loyalty of employees, many companies have adopted the Employee Net Promoter Score (eNPS) as a valuable metric.

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Understanding Grievance Policies: What They Are and Why They Matter

HR Digest

As an employee, you have rights in the workplace, and one of those rights is to file a grievance if you feel that your rights have been violated. Grievance policies are an essential part of any workplace as they provide a framework for employees to voice their concerns and ensure that their rights are protected. In this article, we will discuss what grievance policies are, why they are important, and how to file a grievance at work.

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Strategic Talent Management in IT and ITeS Enterprises

Darwinbox

According to Gartner, IT executives see the talent shortage as the most significant adoption barrier to 64% of emerging technologies, compared with just 4% in 2020. The answer to combating this shortage lies in talent management. The article highlights the importance of talent management in IT and ITeS enterprises. The dynamic nature of these industries and the constant need for upskilling employees make it essential for organizations to invest in talent management.

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Cancel Quiet Quitting: Detoxing Corporate Culture & Engaging Top Talent

Speaker: Jennifer Brick, Career Strategist and Author

Your employees have checked out. The last few years have been a wild ride, with countless changes to how we work and our workplace cultures, like the sudden shift to remote work, the return to office, and trends like quiet quitting. With productivity, profitability, and your employer brand on the line, leadership is turning to HR to engage employees and recreate your culture in different working models.