International Foundation of Employee Benefit Plans
FEBRUARY 7, 2023
In the month since the SECURE Act 2.0 became law, retirement plan experts have been fast at work studying and researching the pages of provisions so that plan sponsors understand. Read more > The post SECURE Act 2.0—How Will It Impact Your Plan? appeared first on Word on Benefits.
Employee Benefits
FEBRUARY 7, 2023
EXCLUSIVE: Nine in 10 (90%) employees reported that their financial situation is either stable or improved after switching to a flexible pay cycle, according to research from Wagestream. The financial wellbeing provider’s whitepaper ‘Unlocking the pay cycle’ was authored by its head of impact and inclusion Emily Trant, with advisory input from Resolution Foundation, Money and Pensions Service, Nest Insight, RideTandem and the University of California, Berkeley.
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PayrollOrg
FEBRUARY 7, 2023
In these challenging times, struggling Americans have limited options to address short-term cash needs, and none are ideal. Here are some of the options consumers have with the status quo.
Employee Benefits
FEBRUARY 7, 2023
What is LGBTQ+ month? What is the theme for 2023? And how can you support and educate your team during the month? Let’s dive in. What is LGBT+ Month? LGBT+ month takes place every February ahead of LGBT+ Pride month in June. Both months look to educate people about historic LGBT+ events, celebrate equality milestones and improve LGBTQIA+ visibility in the United Kingdom (1).
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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.
Workplace Insight
FEBRUARY 7, 2023
People are still undecided on whether remote and hybrid working are having a positive or negative impact on their ‘workplace community’. According to a new poll, 37 per cent of UK employees feel that hybrid work has made it harder to create a workplace community but 41 per cent disagree. These are the findings from O.C. Tanner’s 2023 Global Culture Report which collected and analysed the perspectives of over 36,000 employees, leaders, HR practitioners, and business executives from 20 countries a
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Insperity
FEBRUARY 7, 2023
In the post-pandemic workplace, where remote job opportunities abound, candidates have more options than they’ve ever had. That’s the mindset you need to take in order to create better hiring processes and avoid a bad candidate experience, especially now that competition is fierce for top talent during what’s being called The Great Rehire. In order to keep candidates interested in your company, you have to make a memorable first impression, which all begins with a stellar candidate experience.
Flimp Communications
FEBRUARY 7, 2023
Imagine showing up for the first day of work and not knowing what to expect, who to report to, how to get started, or even where to park your car. Good onboarding starts with excellent pre-boarding. The post 7 Steps for Every New Hire Pre-Boarding Plan appeared first on Flimp.
McDermott Will & Emery Employee Benefits
FEBRUARY 7, 2023
In late 2022, the New Jersey Senate passed Assembly Bill No. 4768. The legislation–signed into law by Governor Phil Murphy earlier this year–implements the state’s Millville Dallas Airmotive Plant Job Loss Notification Act and requires that employers provide their employees with 90 days’ notice and severance pay in connection with a mass-layoff event.
WEX Inc.
FEBRUARY 7, 2023
The IRS has created two sets of Affordable Care Act (ACA) codes to provide employers with a consistent way to describe their medical benefit offerings to their employees. Each code indicates a different scenario regarding an offer of coverage, or explains why an employer should not be subject to a penalty for an employee, for each month. ACA 1095 codes cheat sheet Form 1095-C: Line 14 - Code Series 1 Code Series 1 is used for Line 14 of Form 1095-C and addresses: Whether an individual was offere
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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
Employee Benefits
FEBRUARY 7, 2023
Newcastle Building Society has signed up to the Race at Work Charter as part of a commitment to improving equal opportunities for its black, Asian, mixed race and ethnically diverse employees. According to the building society, it aligned itself with the charter during Race Equality Week (6-12 February) in order to review its policies and improve equality of opportunity in the workplace.
AssuredPartners
FEBRUARY 7, 2023
Harsh winds, the stress of freeze-thaw cycles, and the weight of the snow can affect a roof’s structural integrity. Damage can range from a leak to a roof collapse – and it’s the last thing your agribusiness operation needs when winter weather conditions become severe. Buildings may be more susceptible to damage due to the following: Poor drainage, which allows water to accumulate near the foundation Icicles at the roof’s edge and ice dams in roof valleys can cause additi
Employee Benefits
FEBRUARY 7, 2023
Credit: TK Kurikawa / Shutterstock.com The Crown Prosecution Service (CPS) has given prosecution barristers a 15% pay rise to counteract the shortfall in advocates willing to take instructions. The increase in fees was announced by Max Hill KC, CPS’ director of public prosecutions, at a Bar Council meeting. The move was made in order to achieve parity with defence fees and to help clear a backlog of cases.
Workplace Insight
FEBRUARY 7, 2023
With a crucial vote fast approaching on the EU’s key piece of building legislation, a coalition representing 35 organisations is calling on politicians to seize a once-in-a-generation opportunity to eliminate carbon emissions from Europe’s building stock. Europe’s buildings account for around 40 percent of energy consumption and 36 percent of CO2 emissions.
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.
Employee Benefits
FEBRUARY 7, 2023
Employee Benefits poll: One-fifth (20.3%) of organisations have introduced new mental wellbeing benefits for staff struggling with the cost-of-living crisis, according to an online survey among Employee Benefits readers. Conversely, 31.3% responded that the cost-of-living crisis has not impacted the amount of mental wellbeing benefits they have implemented, and 48.4% said that they have ample existing provisions already.
15Five
FEBRUARY 7, 2023
When you’re on the job hunt and considering potential employers, you probably look at things like how interesting the work is, how much it pays, and what benefits the company offers. You may even choose an organization based on its culture, personal development opportunities, or flexible work-life balance. But have you ever considered how your decisions align with your personal values?
Business Management Daily
FEBRUARY 7, 2023
Performance improvement plans can be effective in fixing employee performance problems. They provide struggling employees with an opportunity to get help in order to improve their performance rather than facing a negative outcome such as termination. Performance improvement plans can be used to address a number of common problems such as poor leadership , attendance issues, or low productivity.
Workplace Insight
FEBRUARY 7, 2023
Building on the success of its launch event, the Evening Standard’s SME XPO 25-26 April 2023 at ExCeL London, once again invites founders, entrepreneurs and business leaders to attend an action-filled two-day programme and exhibition connecting the scaleup community, a vital part of the UK economy. SME XPO has established itself as the UK’s leading event dedicated entirely to ambitious SME founders and decision-makers who are looking to scaleup.
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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?
Employee Benefits
FEBRUARY 7, 2023
CSR (Corporate Social Responsibility) and ESG (Environmental, Social, and Governance) are two acronyms that are thrown around pretty candidly these days. You may have heard one (or both) crop up in conversations around the workplace as organisations think about how they can incorporate sustainability into their practices.The question remains: what on earth is the difference between CSR and ESG?
Workplace Insight
FEBRUARY 7, 2023
Employees who act as brokers, meaning they work as a go-between for coworkers who do not communicate directly, are more likely to burn out and become abusive towards their colleagues, according to new research from ESMT Berlin and published in the journal Organization Science. The research, led by Eric Quintane, associate professor of organizational behaviour at ESMT Berlin, examines the psychological costs of having to sustain communications with coworkers who do not communicate directly with e
Professionals Alternative
FEBRUARY 7, 2023
7 Traits of the Ideal Credit Manager Hiring an excellent credit manager for your company can be a great step forward in the right direction. However, interviewers need to understand the seven traits of an ideal credit manager before going through the interview process. The job of a credit manager is to ensure that a company’s credit policy is followed and that its creditworthiness is preserved.
Employee Benefits
FEBRUARY 7, 2023
When engagement is high, employee benefits are an investment, and you can measure the ROI in various ways. However, when your employees don’t engage with the benefits you offer, they don’t experience the wellbeing improvements that follow. The knock-on effect is that the business then doesn’t benefit from a healthier and more motivated workforce. Unfortunately, what should be an investment in your employees’ financial, physical, and mental health becomes an expense that may be difficult to justi
Advertiser: Paycor
From welcoming new team members to tough termination decisions, each employment lifecycle phase requires a balance of knowledge, empathy & legal diligence.
HR Lineup
FEBRUARY 7, 2023
Quicken is a personal finance software that helps individuals manage their financial portfolios and plan for their retirement. The platform provides a range of tools and features that allow users to track their spending, manage their budgets, and plan their investments with ease. One of the key features of Quicken is its retirement planning tool , which helps users create and manage their retirement portfolios.
Employee Benefits
FEBRUARY 7, 2023
The core purpose of a workplace benefits package is to attract the best new talent and retain your existing employees by keeping them motivated and satisfied in their current roles. In order to do so, you need to ensure that your offerings are catering to the changing wants and needs of employees, both existing and potential ones. Reviewing your current set of perks is a good place to start, scrapping outdated ones and replacing them with more useful offerings.
HR Lineup
FEBRUARY 7, 2023
myInterview is an online platform that provides a comprehensive solution for organizations looking to streamline their recruitment process. It offers a range of features and tools that help HR teams and recruiters to manage every aspect of the interview process, from sourcing and screening candidates to conducting interviews and making hiring decisions.
Employee Benefits
FEBRUARY 7, 2023
[Webinar] Mastering your long-term strategic priorities for your workforce and getting executive level buy-in is a challenging task. Not to mention when doing so in a constantly evolving and uncertain economic climate. In our upcoming webinar, our Chief People Officer, Nebel Crowhurst will guide you through best practices in setting short, mid and long term priorities for your people strategy during economic uncertainty.
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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