Mon.Jul 11, 2022

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Time to Comply with Health Plan Transparency Rules

InterWest Insurance Services

July 1 was the deadline for health plans to make public their in-network negotiated rates, out-of-network billed charges, and more. While health plans will be required to post this information, employers who sponsor their group health insurance for their employees will need to take steps to ensure that their plans comply with the law, if they have not already done so.

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Why Have Tech Companies Begun Rescinding Job Offers? | BerniePortal

BerniePortal

Amidst the recent economic downturn, an increasing number of organizations have begun to rescind job offers. While this has caused concern for many hopeful job applicants regarding their future prospects, is this practice really indicative of the state of the overall job market? Read on to learn more about how and why organizations may choose to rescind their job offers.

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8 things companies are doing to make HR processes more efficient

TLNT

Efficiency. It’s one of those watchwords all companies subscribe to wanting. And yes, HR is no less immune to this than any other department. But while we might all talk about the need for making HR more efficient, what have companies actually done to make their HR processes better?

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BerniePortal Payroll Processing Checklist

BerniePortal

There are many moving pieces when it comes to payroll. From managing employee hours worked, PTO , and deductions to ensuring your organization is withholding the correct state and local taxes from each paycheck—running payroll can be time-consuming. But it doesn’t have to be. Many organizations are moving their payroll onto HRIS platforms for a more seamless process, making spreadsheets a thing of the past.

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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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Mandatory overtime laws: Everything employers need to know

Business Management Daily

Sometimes there is more work to get done than you can fit into an 8-hour day or a 40-hour workweek. When this happens, you may need to have your employees work overtime. This is common during peak busy seasons in certain industries like tax season or the holiday shopping season. Overtime can also be necessary when your business is short-staffed. Since many industries are currently experiencing a labor shortage, overtime is becoming increasingly necessary for the continued operation of businesses

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LinkedIn: Human Resources Leads All Professions In Turnover

Wellable

Human resources professionals are no strangers to the importance of employee retention. As a critical element of their performance, hiring and retaining top talent at a company, which includes reducing turnover, is part of their day-to-day responsibilities. This is why the current turnover rate for the profession is so shocking. According to LinkedIn , human resources leads all professions in turnover for the last 12 months, topping the average for all roles by four percentage points.

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Safe Harbor 401(k) Plan: How to Maximize Your Small Business’s Savings 

Patriot Software

In the United States, the most common type of retirement plan is the trusty 401(k). With over 60 million active participants and an estimated $7.3 trillion in assets, businesses of all sizes offer this type of plan to help their employees save for the retirement they deserve. However, not all 401(k)s are the same. While […] READ MORE.

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Pre-Recorded Video Interviews: Introduction, Tips and Best Practices

HR Lineup

Is it not a positive candidate experience to do a job interview at the comfort of your home? Well, pre-recorded video interviews make this experience come true. Before the Covid19 pandemic, many organizations had already adopted the live interview system in their recruitment strategy. Due to the dynamics and advancements in technology, pre-recorded interviews have hit the momentum with every organization using it to make their talent sourcing more efficient.

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New Chicago Ordinance on Sexual Harassment Takes Effect

McDermott Will & Emery Employee Benefits

The new Chicago Ordinance on sexual harassment, effective July 1, 2022, requires that an employer maintaining a business facility within the geographic boundaries of Chicago must have a written policy—including a conspicuously displayed notice poster in English and Spanish—documenting the prohibition of sexual harassment. Read more here. The post New Chicago Ordinance on Sexual Harassment Takes Effect appeared first on EMPLOYEE BENEFITS BLOG.

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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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Employment, Labor Laws, and Regulations in Cuba 2022

Global People Strategist

The current state of employment, labor laws and regulations in Cuba is a bit ambiguous. That being said, there are some aspects of the law that are clear-cut and will not likely change anytime soon. In this blog post, we will explore the most recent developments in Cuban labor law, as well as what ex-pats need to know before working in Cuba. Minimum Wage.

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The Importance of Knowing Yourself: Your Key to Fulfillment

BetterUp

Jump to section. What does it mean to know yourself? The importance and benefits of knowing one's self. How to know yourself better. How to improve your self-knowledge? How coaching can help.

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What are the metallic tiers of health insurance coverage?

PeopleKeep

The Affordable Care Act (ACA) has made it easier for those who don’t have employer-sponsored health insurance to find an affordable plan. With state and federal health insurance marketplaces came standard categories of plans, making comparison shopping faster and simpler. If you’re ready to purchase individual health insurance, your first step is understanding the different metal levels of plans.

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How to Develop a Resilient Mindset: Recovering From Setbacks

BetterUp

Jump to section. What is a resilient mindset? How to build a resilient mindset. Choosing courage over comfort: The fundamental resilient trait. Start by letting go of control. Yes, you can learn resilience. But you'll have to work. Rest to be resilient. Resilience: A lifetime journey.

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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.

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50 years after the National Commission: Is the Workers' Compensation System

Workers' Compensation

50 YEARS AFTER THE NATIONAL COMMISSION: IS THE WORKERS’ COMPENSATION SYSTEM SERVING INJURED WORKERS? Broadcast: July 11, 10:00 a.m - 11:30 a.m. ET On Monday, July 11, the Department of Labor will host a panel discussion for the 50th anniversary of the National Commission on State Workmen's Compensation Laws. The panel, including the former Chairman, will consider the legacy of the National Commission, and whether the workers’ compensation system is fulfilling its obligation to injured workers.

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The One Thing People Analytics Teams Often Get Wrong

UpstartHR

“I think the danger that we tend to run as people analytics teams is that we’re not willing to take slightly bolder stances and say, “Hey, we have a better collective picture of the labor market. We have a better collective picture of what enterprise trends and behaviors are like.” We need to give strategic guidance and not just be turning over data products.” Zach Frank, Senior Manager of People Analytics, Freeman Company (formerly at Aramark).

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20 Ways to Make Sure You’re Going to Work Happy

BetterUp

Jump to section. What is the importance of finding happiness at work? What can I do to be happier at work? What factors influence your well-being at work? Moving forward.

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Four Benefits to Address the Childcare Crisis

Benefit Resource Inc.

The pandemic significantly shifted how childcare is provided in the U.S. With the childcare crisis in full swing, many households are struggling to find access to reliable care. Employers are also finding themselves at the mercy of their staff’s needs. It’s no longer a personal problem; it has become a business problem. BRI’s VP of Strategy and Forbes Business Council member, Becky Seefeldt, recently shared how changes to employee benefits can help combat the lack of trusted and affo

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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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How HR Can Benefit From Project Management

Hppy

Without an HR department, an organization is essentially a sinking ship. HR is the backbone of a business’s success, from onboarding new employees to ensuring other departments are smoothly working together. Having to juggle numerous tasks all at once can cause HR projects to unravel into chaos sometimes. Fortunately, you can prevent this through HR project management. .

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PBGC Issues Final Rule on Special Financial Assistance Program for Troubled Multiemployer Pension Plans

Proskauer's Employee Benefits & Executive Compensa

On July 8, 2022, the Pension Benefit Guaranty Corporation (“PBGC”) published its much anticipated final rule on the special financial assistance (“SFA”) available to certain troubled multiemployer plans under the American Rescue Plan Act of 2021 (“ARPA”). As we previously described in our client alert , ARPA provided for cash payments from the PBGC to eligible plans that were supposed to be in the amount necessary for the plans to pay benefits and administrative expenses through the plan year en

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How to Discuss Union & Contract Negotiations with Employees

Hppy

Hiring people should always be a give-and-take process. To get and keep the best employees, you have to offer attractive wages and benefits, ensure that you’re treating people fairly, and give them the right amount of responsibility to keep them feeling engaged and fulfilled. That’s a tall order, but it’s something every company should strive for if it wants the best talent.

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The Next Thing?

Florida Workers' Comp

Last year, I noted that the Metaverse is Coming (October 2021). There was a follow up in November when one of the social media companies actually changed its name to reflect its belief in the coming of a new interactive computer world of the future: The Metaverse (November 2021). We are told that there will be greater convenience. With our headsets on, we will experience the entire world from the comfort of our own home.

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The Complete People Management Toolkit

From welcoming new team members to tough termination decisions, each employment lifecycle phase requires a balance of knowledge, empathy & legal diligence.

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Supreme Court Deals Blow to California Private Attorneys General Act

InterWest Insurance Services

The United States Supreme Court has put a significant dent in California’s Private Attorneys General Act, which in recent years has resulted in a surge in legal actions against California employers by their workers. The law has been a huge thorn in the side of employers, who have been on the receiving end of litigation by workers who allege Labor Code violations.