Employee Benefits
MAY 14, 2024
Bus controllers employed by Transport UK in south west London have accepted a pay rise following strike action. The bus controllers, who are members of trade union Unite, use technology to control the network and ensure buses run on time and avoid heavy traffic or accidents. The increase is worth 12% and comprises an 8% rise backdated to January 2023 and a further 4% for this year.
Business Management Daily
MAY 14, 2024
Do you have an employee lifecycle model for your organization? Ignoring the employee lifecycle is a missed opportunity. It’s a goldmine for attracting top performers, boosting productivity, and creating a happier workforce. That’s because it’s crucial to consider the employee journey, from attracting a qualified candidate to encouraging brand advocacy after they’ve moved on (hopefully to greener pastures).
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Money Talk
MAY 9, 2024
I recently reviewed notes that I took at recent presentations about retirement. Below are seven recommendations that stood out to me and might be helpful to Money Talk blog readers: Define Your New Self - People may retire after decades of work, but they do not retire from life. To prepare for this transition, make a point to define yourself by who you are rather than what you do.
Florida Workers' Comp
MAY 12, 2024
Hon. John Beamer is a Circuit Judge in the Ninth Judicial Circuit, which includes Osceola County, Florida. Oaceola is just south of Orange County and includes the city of Kissimmee that many will associate with theme parks, hotels, and tourists. Judge Beamer was appointed just before the onset on the SARS-CoV-2 pandemic, taking the bench the month before that strange time began.
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In today’s dynamic work landscape, where the lines between personal and professional life blur, understanding the intricate interplay between social determinants of health (SDoH) and emotional wellbeing is paramount. Employers must acknowledge that the whole person comes to work and every aspect of a person’s personal and professional life, especially their mental health, comes with them.
HR Digest
MAY 9, 2024
The Nike layoffs announcements from back in February will soon finish taking shape in June, as 740 employees from their World Headquarters in Oregon will be asked to leave. The company had announced a 2 percent reduction of the workforce, targeting a reduction of at least 1,600 employees over time. Nike’s layoffs within its workforce are part of a much larger cost-cutting strategy after their last annual report in December did not see profitable results to the degree the company had expected.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Florida Workers' Comp
MAY 9, 2024
There are a great many judges in this world. The idea of a judicial system is reasonably universal, though the stature, dignity, and independence of those display some significant degrees of variety across the globe. In the United States, there are something more than 30,000 judges. In such a broad field of people, it is likely difficult (at best) to distinguish yourself.
Workplace Insight
MAY 13, 2024
The luxury belief that was the so-called Great Resignation, appears to be over, even if you assume it ever existed. Workers are increasingly staying put in their current jobs and more employers are holding steady on staffing levels as the labour market slows, according to the CIPD’s latest Labour Market Outlook report. The survey shows more than half (55 percent) of employers are looking to maintain their current staff level – the highest level since winter 2016/17.
Employee Benefits
MAY 9, 2024
Credit: Photofex_AUT / Shutterstock.com Pilots and technical crew employed by Bristow Helicopters are undertaking strike action this week in a dispute over pay and benefits. The search and rescue winch operators and paramedics, who are members of the British Airline Pilots’ Association (Balpa), began strike action on Tuesday. It will continue for the rest of the week.
PeopleKeep
MAY 14, 2024
In today's ever-evolving workforce, business owners are constantly looking for new ways to attract and retain top talent. Instead of offering a costly group health plan, one tactic they may consider is offering to pay employees' individual health insurance costs. While it may seem like a generous and attractive perk for employees, employers need to consider several factors before deciding to pay for individual health insurance plans.
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The pressure is on to create a positive onboarding experience. Plus, a sub-par onboarding process can domino into other concerns such as low performance, burnout (for you and new hires), and retention challenges. Our 2024 State of HR report will give you a realistic picture of the HR landscape and tips to onboarding effectively in the year to come.
WEX Inc.
MAY 10, 2024
Key takeaways – 2025 HSA contribution limits 2025 HSA contribution limits will increase to $4,300 and $8,550 for self-only and family HSAs, respectively. 2025 HDHP minimum deductible and maximum out-of-pocket limits also are increasing. Health savings account (HSA) contribution limits are on the rise again in 2025. The IRS announced that 2025 HSA contribution limits will increase to $4,300 for self-only HSAs and to $8,550 for family HSAs.
Florida Workers' Comp
MAY 14, 2024
An intriguing story started last November when a Douglas County Probate Court Judge was before a Judicial Qualifications Commission in Georgia. The whole story is reported in detail on Law.com. Fox5 Atlanta reported last summer that she faced "40 allegations of alleged judicial misconduct," after ten others had been dropped by the Commission because "some did take place before.her candidacy.
Workplace Insight
MAY 9, 2024
The digital edition of the new Works magazine is now available for you here. And it’s bigger, and dare we say better, than ever. In this issue: we look back on Milan Design Week and forward to Clerkenwell Design Week; there are no fewer than four projects highlighting the latest design trends and thinking; we present the award winners from the Sustainable Design Collective; explore how biophilia shouldn’t just be about a plant in the office and a picture of field on the wall; set out
Employee Benefits
MAY 9, 2024
Of the 1.8 million employees who accessed healthcare services through health or protection insurance in 2022, 1.3 million (75%) relied on workplace-provided schemes to do so, according to research by the Association of British Insurers (ABI). Its Growing demand – increased use of health and protection services in 2022 report also found that almost 600,000 (87%) of the 700,000 people included in the research who used virtual GPs in 2022 did so through their employer’s scheme.
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Discover how Color's comprehensive care solution is revolutionizing cancer screening adherence and knowledge. Through an in-depth case study, Color's unique approach to comprehensive cancer care has shown significant benefits in increasing screening rates and enhancing patient knowledge. Participants reported a 2-3x increase in adherence to screening guidelines over just 8 weeks, with 84% of participants increasing their familiarity with timing and frequency of cancer screening.
Employee Benefit News
MAY 13, 2024
As companies rethink their policies, this workplace expert anticipates a reversal of in-office mandates.
Pacific Prime
MAY 8, 2024
Home-based workers refer to employees who are allowed to work from home. Some examples of jobs that allow people to work from home include translators or graphic designers. While there are distractions, working from home allows greater schedule flexibility and saves transportation money. On the other hand, working from home also means there is potential.
InterWest Insurance Services
MAY 14, 2024
The Federal Trade Commission on April 23 approved a new rule that bans employers from requiring new employees to sign non-compete agreements. The rule will take effect in August 2024, after the commission voted 3-2 to approve it. Besides banning future non-compete agreements, the new rule also nullifies all existing non-competes and requires employers to inform current and past employees that they will not be enforced.
Workplace Insight
MAY 12, 2024
Seven real estate industry associations have announced a new taskforce to develop a comprehensive carbon pricing strategy for the sector that takes a value chain perspective and enables pricing to be incorporated into investment decision making and accelerate its adoption. Initially developed as part of the C Change programme , which was set up by ULI (the Urban Land Institute) to mobilise the industry to accelerate the decarbonisation of the built environment across Europe, the carbon pricing t
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!
Employee Benefits
MAY 10, 2024
Almost half (44%) of employees now prefer hybrid working arrangements over office-based and remote models, according to research by communications agency Marco. Its third annual Global Marco new consumer report , which was conducted in partnership with research technology organisation Cint, and surveyed more than 7,300 participants in Brazil, France, Germany, Italy, Mexico, Morocco, Portugal, South Africa, Spain, the UK and USA, also found that almost two-thirds (64%) of employees would work for
Employee Benefit News
MAY 13, 2024
Although new guidance expands the ability to self-correct, plan sponsors and administrators should promptly correct errors in accordance with EPCRS principals.
HR Lineup
MAY 13, 2024
In today’s fast-paced world, where distractions abound and demands on our time seem never-ending, mastering productivity is essential. One powerful tool that can help individuals and teams prioritize tasks effectively is the Eisenhower Matrix. Named after the 34th President of the United States, Dwight D. Eisenhower, this prioritization framework provides a simple yet profound method for organizing tasks based on their urgency and importance.
International Foundation of Employee Benefit Plans
MAY 14, 2024
The latest theme to hit employer-provided benefits is GLP-1 drug coverage and the costs to treat obesity while reducing other health risks. To properly respond to the obesity epidemic, employers must understand obesity, weight bias and stigma, and the effect obesity has […] The post Employer’s Role in the Obesity Epidemic appeared first on Word on Benefits.
Advertiser: Barley
Compensation is one of your biggest expenses as a business, but it is also your biggest investment in your people and your culture. A great compensation strategy can be an incredible asset that supports your business goals and lays a foundation of trust between your company and your employees. Whether you already have a compensation strategy in place or you’re building one from scratch, this guide will help you level up your approach through these 6 steps: 1.
Workplace Insight
MAY 9, 2024
Four years after the start of the pandemic, a new survey from JLL claims that hybrid working is now the most common workstyle globally, with 87 percent of organisations operating with a hybrid program today. JLL’s new 2024 Global Occupancy Planning Benchmarking Report claims to outline how hybrid offices are actively shifting to accommodate a greater variety of work activities and how companies can look at occupancy planning and workplace design more holistically to reflect these changes.
Employee Benefits
MAY 9, 2024
Showtown Blackpool, which is operated by the Blackpool Heritage and Museum Trust, has introduced quarterly play days and monthly feel better circles to create a workplace culture of success for its employees. Through the creation of a cultural programme that reflected its values as part of a year-long partnership with consultancy Laugh Think Play, the museum has invested in employees’ personal and professional development by giving them the opportunity to come together and check in.
McDermott Will & Emery Employee Benefits
MAY 9, 2024
The Internal Revenue Service (IRS) recently announced (see Revenue Procedure 2024-25) cost-of-living adjustments to the applicable dollar limits for health savings accounts (HSAs), high-deductible health plans (HDHPs) and excepted benefit health reimbursement arrangements (HRAs) for 2025. All of the dollar limits currently in effect for 2024 will change for 2025, with the exception of one […] The post IRS Announces 2025 Limits for Health Savings Accounts, High-Deductible Health Plans and E
Employee Benefit News
MAY 13, 2024
The new large language model, trained on vast amounts of data from the internet, will be better at handling text, audio and video in real-time.
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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.
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