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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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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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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Using an HSA to Save for Health Care in Retirement

Saving for retirement is no easy task, and as an employer we know you want to help your employees get what they need out of their retirement benefits. With a health savings account (HSA), you can relieve the burden of health care costs for both you and your employees. With our new report, “Using an HSA to Save for Health Care in Retirement,” you can get insights on the costs of a modern retirement and dive into the details of the triple-tax benefits HSAs offer.

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How will the Spring Budget 2023 impact pay, pensions and benefits?

Employee Benefits

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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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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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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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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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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Creating a Company Culture of Care: Integrating Mental Health, Wellbeing, and DEI in Benefits

Speaker: Sean Raible

Picture a workplace where physiological safety is not just an aim but a reality, driven by thoughtful employee benefits that prioritize mental health, wellbeing, and DEI. 🤔 ✨ Achieving this vision requires more than just occasional training sessions and employee assistance programs. Moving beyond the basics, this vision calls for a holistic approach that integrates these elements into your company culture as well as your HR and benefits strategy.

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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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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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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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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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New DOL Final Overtime Rules: Quickstart Guide for Employers

There’s a new overtime salary threshold that will impact employers across the country. If you have an employee making less than $43,888 on July 1 or less than $58,656 on January 1, you’re going to have to start paying overtime. Download Paycor’s guide to learn: Which groups of employees are affected? How should you classify employees? Best ways to mitigate risk.

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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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PUNC – Contracts

AssuredPartners

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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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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6 Strategies to Navigate Social Determinants of Health for a Better Workplace

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.

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Mettl

HR Lineup

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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John Lewis will not pay employee bonus after £234m loss

Employee Benefits

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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Talview

HR Lineup

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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Missed Payroll in the Wake of Bank Collapse: Implications, Strategies, and Minimizing Risk

Proskauer's Employee Benefits & Executive Compensa

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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HR Trends to Watch in 2024 + Plus Advice for Driving Impact!

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.

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How do you avoid making your employee value proposition a ‘tick box’ exercise?

LACE Partners

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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Qualifications of Accounts Payable Support

Professionals Alternative

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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Legal & Legislative Reporter: Third Party Administrator Liable for Violation of ACA Antidiscrimination Provision

International Foundation of Employee Benefit Plans

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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TalentSorter

HR Lineup

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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Improving Access To & Utilization Of Cancer Screening With Color

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.