Employee Benefits

JANUARY 27, 2022

While the actions of politicians can’t be likened to business leaders and organisations, it raises the question of how to maintain positivity among employees in the midst of negative headlines. Before the March 2020 lockdown, flexible working arrangements for all employees were not commonplace for all organisations.

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Benefit Resource Inc.

JANUARY 2, 2020

As we close out the decade, we look back at the most educational, news breaking blogs. From tax reform to how-to articles, here are the top 10 blogs from Benefit Resource: Check Your Balance. Across 2018 and 2019, the announcement of pre-tax limits held employees’ attention. 5 Surprising Facts.

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WEX Inc.

AUGUST 14, 2023

A flexible spending account (FSA) carryover is one way you can provide flexibility to employees who participate in these accounts. Read our blog posts on grace periods and run-out periods for the rest of the series. This blog was originally published in August 2021 and most recently updated in August 2023.

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McDermott Will & Emery Employee Benefits

NOVEMBER 10, 2023

On November 9, 2023, the Internal Revenue Service (IRS) announced cost-of-living adjustments to the applicable dollar limits for certain health and welfare plan benefits, including those for health flexible spending arrangements and commuter benefit plans, among other important updates.

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McDermott Will & Emery Employee Benefits

OCTOBER 25, 2023

The US Drug Enforcement Administration and the Substance Abuse and Mental Health Services Administration have further extended flexibilities that allow providers to prescribe controlled substances via telemedicine without first performing an in-person visit. The extension runs through December 31, 2024. Read more here.

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WEX Inc.

AUGUST 29, 2023

And did you know that a variety of fertility and infertility treatments are eligible for health savings account (HSA) and medical flexible spending account (FSA) funds? Keep reading if you're interested in supporting your employees with these needs. Are you looking for more ways to support your employees' fertility needs?

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WEX Inc.

SEPTEMBER 7, 2023

Most employees are about to have the opportunity to re-evaluate their benefits options during open enrollment. Flexible spending accounts (FSAs) are a powerful tool for individuals and employers to save money on healthcare and dependent care expenses. So why are many employees reluctant to participate in FSAs? Let’s take a look.

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Employee Benefits

FEBRUARY 26, 2024

Employee retention is an ongoing theme for employers and HR professionals, and for good reason. It’s more cost-effective to invest in employee retention strategies than it is to attract, onboard and train new starts. Are you at high risk of high employee turnover? SMEs (0 – 49 employees) make up 99.2%

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McDermott Will & Emery Employee Benefits

JUNE 1, 2023

The Internal Revenue Service (IRS) recently issued a Chief Counsel Advice memorandum to remind sponsors of health and dependent care flexible spending arrangements (FSAs) about their responsibility to adequately substantiate claims in order to receive favorable tax treatment under Section 125 of the Internal Revenue Code (the Code).

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McDermott Will & Emery Employee Benefits

MAY 24, 2023

Numerous states—including Illinois, Hawaii, Tennessee, Montana, New Hampshire and Indiana—have been busy finalizing rulemaking and legislation impacting interstate compacts, professional practice standards and COVID-19 licensure flexibilities. The post May Trending in Telehealth appeared first on EMPLOYEE BENEFITS BLOG.

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McDermott Will & Emery Employee Benefits

DECEMBER 28, 2022

The healthcare provisions in this omnibus package extend key Medicare telehealth flexibilities and the temporary telehealth safe harbor for […]. The post Omnibus Bill Extends Medicare Telehealth Flexibilities and HDHP Telehealth Safe Harbor appeared first on EMPLOYEE BENEFITS BLOG.

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Employee Benefits

NOVEMBER 1, 2023

Flexibility and freedom are essential, and with two leading solutions available – eVoucher Cheques and eVoucher Codes – you can choose the best value and most impactful offering for your business and people. The post THE ART OF REWARDING YOUR PEOPLE AT CHRISTMAS appeared first on Employee Benefits.

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Employee Benefits

APRIL 17, 2024

Recruitment firm Gi Group has put measures in place to help its employees cope with the cost pressures they are under. Cindy Gunn, group head of people at Gi Group, says: “Recruitment isn’t the most profitable sector so we have to be a bit more creative to make sure our employees feel valued and rewarded.”

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WEX Inc.

AUGUST 23, 2023

Voluntary benefits give employees the opportunity to further customize their benefits package to meet their personal needs. In fact, 76% of employees in a recent survey said voluntary benefits would entice them to stay at their current company. Let’s dive a little deeper into a few categories of voluntary benefits.

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WEX Inc.

AUGUST 15, 2023

Whether you're transitioning from your parents' insurance, landed your first full-time job, or are simply obtaining coverage for the first time, choosing health plans and employee benefits options can be overwhelming. Subscribe to our blog to stay updated on all the benefits information you need! It is not legal or tax advice.

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Employee Benefits

APRIL 25, 2023

April is Stress Awareness Month, and so it’s a great time for organisations to reflect on what they’re doing to support employee wellbeing and to think about where they could improve. The post How HR can help with mental wellness appeared first on Employee Benefits. But what to do with limited budget?

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Pacific Prime

MARCH 9, 2023

There are, understandably, people who will think of redundancies and work moving offshore but for many modern businesses constantly searching for flexibility and cost efficiencies, shifting duties to third parties can be a smart way to reduce your company’s investment in an area while boosting its effectiveness. .

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Darwinbox

AUGUST 2, 2023

Organizations are recognizing the need to adapt and embrace emerging trends that prioritize employee well-being, diversity, flexibility, and sustainable growth. In this blog, we will explore some of the ways in which rewards and compensation strategies will be shaped in the years to come.

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Pacific Prime

JANUARY 15, 2023

Did you know that 78% of employees want a better work-life balance? This has prompted the number of companies offering an unlimited time off policy to have risen sharply in recent years, as these forward-thinking employers recognize the benefit as a gateway to a more flexible workplace.

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McDermott Will & Emery Employee Benefits

OCTOBER 19, 2022

The maximum salary reduction limit for a health flexible spending account (Health FSA) increased to $3,050 for 2023 (from $2,850 in 2022), and the Health FSA carryover […]. The post IRS Announces Cost-of-Living Adjustments for Health and Welfare Plans appeared first on EMPLOYEE BENEFITS BLOG.

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Achievers

NOVEMBER 23, 2021

Everyone wants to feel like they’re a part of something meaningful, and the employees at your company are no different. Getting your employees actively involved in business decisions and priorities makes them feel empowered and keeps them motivated. Discover how to create a culture of feedback with employee listening.

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Achievers

MAY 20, 2021

Companies and employees are at a critical crossroad. For the last year, employees have operated in crisis mode as a result of the pandemic. Despite many employees demonstrating admirable flexibility and creativity amidst rapidly changing requirements, employee engagement has suffered, and employee commitment is not expected to last.

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Achievers

FEBRUARY 13, 2020

Embracing employees to be their full authentic self. It is crucial to embrace an employee’s full authentic self. Companies with inclusive talent practices in hiring, promotion, development, leadership, and team management generate up to 30 percent higher revenue per employee and greater profitability than their competitors.

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WEX Inc.

MAY 4, 2023

The IRS requires your flexible spending account (FSA) participants to submit documentation to prove their purchase was an eligible expense. That’s why you need an FSA administrator that adheres to IRS substantiation requirements and offers innovative solutions to simplify the substantiation process for your employees.

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McDermott Will & Emery Employee Benefits

JUNE 23, 2023

The US Drug Enforcement Administration (DEA) and the Substance Abuse and Mental Health Services Administration (SAMHSA) are extending telehealth flexibilities that allow providers to prescribe controlled substances.

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Employee Benefits

JANUARY 16, 2024

Our research – hot off the press – of 1002 full-time UK employees found that nearly half are likely to actively search for a new job opportunity in 2024. Read on to discover which age range plan to spread their wings, and the steps you can take to reduce employee turnover and retain your talent. Leadership development.

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Achievers

JUNE 9, 2021

With a commitment to innovating a premier rewards experience for its users, Achievers has announced a partnership with Revolut — a global digital, reloadable, and flexible rewards solution. With this partnership, Achievers becomes the first and only employee recognition platform to offer Revolut as a rewards option.

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Employee Benefits

AUGUST 8, 2023

EMPLOYEE EXPERIENCE SERIES: SUPPORTING NEW PARENTS: REGULATIONS & SAVINGS In our second blog dedicated to supporting parents in the workplace, we cover some statutory regulations supporting working parents. The post SUPPORTING NEW PARENTS: REGULATIONS & SAVINGS appeared first on Employee Benefits.

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WEX Inc.

FEBRUARY 15, 2023

Did you recently elect to participate in a medical flexible spending account (FSA) ? What is a medical flexible spending account (FSA)? What is a medical flexible spending account (FSA)? However, the IRS does allow employers the option to offer an FSA carryover option to their employees. They are employer-owned accounts.

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Employee Benefits

AUGUST 1, 2023

This blog details the reality of working and parenting in 2023 and the steps employers can take to make life easier. This is the first of three blogs we’re dedicating to working parents, moving on from support and flexibility to helping cover the cost of their everyday needs and back-to-school essentials.

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PeopleKeep

NOVEMBER 9, 2022

One study 1 found that 50% of hourly employees had no emergency savings at all, and almost 80% had less than $500 saved. This is why some employers are now offering earned wage access (EWA) to help their employees meet their financial needs in the middle of a pay period.

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Employee Benefits

DECEMBER 11, 2023

Many employees will, at some point, grieve in the workplace, with their colleagues forming part of their immediate community. During this blog, we’ll explore how employers can support their employees through grief, empowering managers with the skills they’ll need to help.

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McDermott Will & Emery Employee Benefits

MARCH 21, 2023

Over the last three years, patients and clinicians alike have embraced digitally delivered care and telehealth-related flexibilities. In this report, McDermott’s Digital Health team takes a close look at the forces shaping the sector […] The post Digital Health: 2022 Year in Review appeared first on EMPLOYEE BENEFITS BLOG.

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Benefit Resource Inc.

APRIL 10, 2024

As we navigate the intricate world of employee benefits, it’s crucial to ensure that we’re taking full advantage of the offerings available to us. Whether you’re a seasoned employee or new to the company, understanding how to make the most of your DCFSA can lead to significant savings and peace of mind.

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Vantage Circle

DECEMBER 21, 2023

. - Albert Einstein Behind every successful company lies a secret ingredient: a creative company culture that fosters innovation and empowers its employees to think outside the box. In this blog, we will explore strategies and share practical ways to build a creative work culture with real-world examples.

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Employee Benefits

JUNE 7, 2023

Our menopause network and monthly support groups have seen a high level of engagement in the topic in team meetings, blogs and forums. The post Medical Protection Society receives menopause-friendly accreditation appeared first on Employee Benefits.

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PeopleKeep

APRIL 27, 2022

Health reimbursement arrangements (HRA) have gained traction with employers across the country because they’re flexible, easy to implement, and customizable. HRA administrators help organizations facilitate their HRA according to Internal Revenue Service (IRS) regulations so they can have an employee health benefit without the headache.

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