Thu.Mar 16, 2023

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Post-pandemic telehealth should leave no beneficiary behind

Employee Benefit News

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How to conduct a team reset and turbocharge employee morale

Insperity

Are you looking for a surefire way to boost employee morale while strengthening employee engagement with and commitment to your organization? Do you often wonder how to: Set your team members up for happiness and success? Create an environment in which people feel motivated to do their best? If so, have you considered implementing a “reset?” What is a reset?

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Creating culture fit for Gen X, Gen Z, millennials and boomers

Employee Benefit News

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HCML appoints head of HR

Employee Benefits

Rehabilitation treatment and care management provider HCML has hired Pauline Cunningham (pictured) as head of HR. Cunningham has more than 25 years of HR experience, and will be responsible for delivering a people plan that enables the firm to meet its strategic goals and drive profitable growth. She will also be driving a culture of wellbeing , engagement and high performance.

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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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Employers ‘Unwavering’ in Providing Group Health Benefits: Research

InterWest Insurance Services

Large employers are unwavering in their plans to continue offering group health plans to their workers instead of funding individual reimbursement accounts that would allow them to shop for plans on government-run exchanges, according to new research. The poll of 26 health benefits decision-makers at large firms, carried out by The Commonwealth Fund and the Employee Benefits Research Institute (EBRI), found that despite rising premium and health care costs, they felt obligated to offer health in

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SECURE 2.0 Creates New Retirement Saving Incentives for Employers and Employees

Employee Benefit News

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5 ways financial wellbeing adds value to your organisation

Employee Benefits

Adding a new benefit to your employee benefits package might seem like one muscle-pulling Twister move too far. But the reality is, your people are struggling with heightened stress levels. And much of this is due to facing higher costs in every aspect of spending. In our recent UK report , we revealed that 1 in 5 employees intend to leave the company they work for within 12 months if the cost of living crisis worsens.

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IRS Finalizes Rules Pertaining to Electronic Filing – Effect on Employers

AssuredPartners

On February 21, 2023, the Internal Revenue Service (IRS) issued final regulations amending the rules for filing certain tax returns and other documents by electronic means (e-filing). These requirements include applicability to Forms 1094-B and C, 1095-B and C, 1099, 5500, and W-2s, amongst others. Effective January 1, 2024, the final regulations will require many filers that had been submitting information via paper format to begin e-filing instead.

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3 simple ways to achieve a work-life balance

Employee Benefits

In a post-pandemic working world, the idea of a work-life balance has certainly changed. In fact, a recent article from the BBC discusses this exact concept explaining that more than ever people want a healthy work-life balance. The BBC article used data which showed that in 2021 in a survey of more than 9,000 UK workers 65% of job seekers prioritised work-life balance over pay and benefits.

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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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10 cities where the gender wage gap is closing

Employee Benefit News

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Tips for developing a net zero strategy as a business.

Employee Benefits

The world is changing fast, and it’s important that we all do our part to reduce our carbon emissions and slow the rate of global warming. As businesses, we have a responsibility to make a positive contribution to our communities, wider society and our planet. So, what is a net zero strategy? It’s not the same as being a carbon neutral business, which is where carbon emissions are offset against the amount emitted.

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Women's History Month

Florida Workers' Comp

March is Women's History Month. In the course of scanning the news, an intriguing timeline was recently published by U.S. News. It was written by Susan Milligan, and contends that there have been "two waves of feminism in history," and neither has been very recent. There is no mention of geography in the introductory paragraph, but the title clarifies that the focus is on the United States.

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HR in the IT Industry: Importance, Trends, Best Practices 

Darwinbox

The HR function in the IT industry is extremely important given the large number of people IT companies employ, and the impact the IT and technology sectors have on the economy. A robust HR strategy can help handle key challenges like talent shortage, a need for fast upskilling, and high turnover. This article explains the benefits of an HR strategy in the IT industry, along with the key trends.

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How Can You Aggressively Manage Benefits Affordability?

Speaker: Alex Anderson - Total Rewards Strategist at Lockton Companies | Leo Tokar - President, People Solutions and Partner at Lockton Companies

Benefit cost increases regularly eclipse all other costs for organizations, yet bringing costs down is illusive. Now corporate priorities are swinging from solely a focus on talent to the need to actively manage benefit expenses, but no one wants to reduce benefits or ask employees to pay more. Join two total rewards experts, Alex Anderson and Leo Tokar, for an in-depth discussion on tactics to efficiently and effectively control and manage benefit cost.

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How much should I contribute to my HSA?

WEX Inc.

How much should I contribute to my health savings account (HSA) each month? The short answer: As much as you're able to (within IRS contribution limits ), if that’s financially viable. If you’re covered by an HSA-eligible health plan (or high-deductible health plan ), the IRS allows you to put as much as $3,650 per year (in 2022) into your health savings account (HSA).

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How can you remove barriers to great employee experience?

LACE Partners

In this episode our podcast host Chris and LACE Partners co-founder and COO Cathy Acratopulo speak with  Dave Page , co-founder & Chief Strategy Officer of  Actual Experience. Built on 10 years of academic research, this technology analyses the way humans experience digital services ; and is therefore a tool organisations use to understand how their employees are interacting with technology in their business from apps to wifi.

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District Courts Reach Opposite Conclusions on 401(k) Excessive Fee Claims

Proskauer's Employee Benefits & Executive Compensa

A district court in the Southern District of Ohio and one in the Western District of Wisconsin reached opposite conclusions on motions to dismiss claims for fiduciary breach based on allegations that recordkeeping fees were unreasonably high. Dismissal was granted in Sigetich v. The Kroger Co. , No. 21-cv-697, 2023 WL 2431667 (S.D. Oh. Mar. 9, 2023); dismissal was denied in Lucero v.

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The Bosses May Be Back in Charge (but Not as Much as They Think)

McDermott Will & Emery Employee Benefits

CEOs may think they are fully in control of their workforces, but this belief may be more of an illusion than reality. In this Forbes article, McDermott Partner Michael Peregrine says certain pandemic-era changes to their authority may be more lasting than they realize–especially as it relates to their dynamic with the board of directors. […] The post The Bosses May Be Back in Charge (but Not as Much as They Think) appeared first on EMPLOYEE BENEFITS BLOG.

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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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Microsoft to bring OpenAI's chatbot technology to the office

Employee Benefit News

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Why your ESG efforts must recognize employees as stakeholders

TLNT

Corporate Social Responsibility – what used to be know as CSR (an area well and truly the domain of HRDs), has evolved.

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Don't wait for the next bank crisis to protect your payroll

Employee Benefit News

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How to Get a Remote Job

BetterUp

Jump to section What are the pros of remote work? What are the cons of remote work?

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The 5 Types of Hourly Workers: An HR Guide to Recruiting and Retention

All hourly workers want similar things, but when it comes to recruiting & retention, it helps to understand personal motivations. Download Paycor’s guide to learn how to find & keep the 5 types of hourly workers.

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4 Job Ad Mistakes That Will Put Candidates Off Applying (and How to Fix Them)

Hppy

A job ad needs to be specifically crafted to attract the right people and pull talented team members towards your organization. Get this wrong, and you could dissuade prospective employees from applying in the first place, and even hurt the reputation of your business. The key is knowing what job ad mistakes others make when writing job ads, and taking steps to avoid them.

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Searcys enhances maternity and paternity pay

Employee Benefits

Restaurant and events catering business Searcys has enhanced its maternity and paternity pay as part of an overall approach to improving its family and parental benefits. The firm, which employs more than 1,100 members of staff across its venues and head office team, introduced a policy providing up to 24 weeks of full pay and a £250 gift or voucher on return for maternity leave.

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Taxing travel reimbursements: Not all expenses are tax-free

Business Management Daily

The rules for reimbursing employees’ travel expenses seem straightforward enough—employees account to you for their expenses, submit receipts for those expenses, and detail the business purpose of their trip. The accountable plan rules are your starting point; however, there’s a lot more to consider. Where the employee is traveling, the duration of their stay, and the primary purpose of the trip are all key factors in determining if travel expenses are taxable or not.

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Superdrug raises pay for newly qualified pharmacists

Employee Benefits

Credit: William Barton / Shutterstock.com Beauty and health retailer Superdrug has increased pay for newly qualified pharmacists, which will result in their wages rising to at least £50,000. According to Superdrug, this raise was implemented to ensure all of its pharmacists continue to receive a strong renumeration package. There are currently 155 pharmacists working for the employer, with an average length of service of seven years.

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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.