Employee Benefit News

MARCH 16, 2023

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Insperity

MARCH 16, 2023

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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Employee Benefits

MARCH 16, 2023

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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WEX Inc.

MARCH 16, 2023

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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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.

Management

Employee Benefits

MARCH 16, 2023

Spring Budget 2023: Chancellor of the Exchequer Jeremy Hunt delivered his Spring Budget speech in the House of Commons on Wednesday 15 March. It included a number of key announcements that could impact employees’ pay , pensions and benefits. Spring Budget 2023: Freeze on fuel duty for 12 months Spring Budget 2023: Pensions lifetime allowance scrapped Spring Budget 2023: 30 hours free childcare for under-threes Spring Budget 2023: Tax-free pensions allowance up by 50% Spring Budget 2023: Go

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Employee Benefits

MARCH 16, 2023

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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AssuredPartners

MARCH 16, 2023

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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Employee Benefits

MARCH 16, 2023

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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Darwinbox

MARCH 16, 2023

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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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

Paid Leave

Employee Benefits

MARCH 16, 2023

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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LACE Partners

MARCH 16, 2023

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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McDermott Will & Emery Employee Benefits

MARCH 16, 2023

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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BetterUp

MARCH 16, 2023

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

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Advertiser: Paycor

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.

IT

Hppy

MARCH 16, 2023

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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Employee Benefits

MARCH 16, 2023

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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AssuredPartners

MARCH 16, 2023

PUNC –Your Checklist for Insurance Coverage ‘PUNC’ ( P ilots, U se, N amed Insured and C ontracts) is an acronym capturing the four most important areas of aviation insurance that result in the largest percentage of claims denials. This month, we move down the checklist to examine why it’s imperative to review all c ontracts related to your aircraft.

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Employee Benefits

MARCH 16, 2023

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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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?

Utilities

HR Lineup

MARCH 16, 2023

Mettl is a leading online assessment and talent measurement platform that provides end-to-end solutions for businesses to hire, train, and develop employees. The platform offers a range of products and services that enable organizations to streamline their recruitment process, enhance employee performance, and achieve their strategic goals. Mettl was founded in 2010 by Ketan Kapoor and Tonmoy Shingal, with a mission to help companies build a data-driven and efficient workforce.

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Employee Benefits

MARCH 16, 2023

Retailer John Lewis has announced that it will not be giving its employees a bonus for this year, after reporting a £234 million loss. The bonus is its annual share-out of profits, and all staff receive it as a percentage of their salary. The 2021/22 bonus was worth 3% of employees’ pay. Its unaudited results for the year ending 28 January 2023 reported that sales fell by 2% overall, and by 3% at Waitrose.

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Bonuses Retail Taxes Salary 59

HR Lineup

MARCH 16, 2023

Talview is a leading AI-powered hiring and proctoring platform that enables organizations to automate their recruitment process, conduct online assessments, and remotely proctor tests. Founded in 2012, Talview is headquartered in Palo Alto, California, and has offices in India, Singapore, and Dubai. Talview’s platform uses advanced machine learning algorithms and natural language processing (NLP) to help organizations screen candidates, conduct video interviews, and remotely proctor tests.

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Proskauer's Employee Benefits & Executive Compensa

MARCH 16, 2023

In the wake of the recent news of bank failures, businesses—and their investors—are rightly concerned about the implications of a missed or delayed payroll. Let’s look at those implications, and strategies for minimizing risk. Obligation to Make Payroll Under federal and most state laws, employers have both timing-of-pay and frequency-of-pay obligations.

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Advertiser: Paycor

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

Management

LACE Partners

MARCH 16, 2023

In the fourth and final one of our ‘fireside chat’ videos, Chris , Tim, Alice and Chris talk all things employee value proposition (EVP). How do you avoid it just becoming another ‘tick box’ exercise and ensure that it is an ever-evolving, ever-improving, fundamental part of your people strategy? The team delve in to what 30 CPOs told us last year was their ‘one big thing’ that became part of a campaign we’ve run in the last few months, following the lau

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Professionals Alternative

MARCH 16, 2023

Qualifications of Accounts Payable Support Accounts payable support is someone who will work in the finance department of a business. Their responsibilities include handling invoice processing, the ability to generate checks, and ensuring compliance with company policies and principles. Accounts payable is also responsible for maintaining accurate and up-to-date financial records.

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International Foundation of Employee Benefit Plans

MARCH 16, 2023

Every month, the International Foundation releases the Legal and Legislative Reporter, a compilation of new employee benefits–related case summaries. Below is a summary we thought you’d be interested in. Content provided by Morgan, Lewis & Bockius LLP. The U.S. District Court for the […] The post Legal & Legislative Reporter: Third Party Administrator Liable for Violation of ACA Antidiscrimination Provision appeared first on Word on Benefits.

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HR Lineup

MARCH 16, 2023

TalentSorter is an innovative web-based platform that provides advanced recruitment and hiring solutions for businesses of all sizes. The platform uses a data-driven approach to help employers find the best possible candidates for their open positions while reducing the time and effort required to screen and interview applicants. One of the main features of TalentSorter is its customizable pre-employment assessments, which are designed to help employers quickly and accurately evaluate the skills

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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.

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