Wed.Jun 22, 2022

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Six reasons to automate your employee benefits administration

PeopleKeep

Offering employee benefits is an effective way to attract talent and improve employee retention in your company. However, employers at small and medium-sized organizations may be hesitant to implement benefits due to the cost and administrative burden. Administering employee benefit programs can be challenging, plus there are many compliance regulations that employers and HR practitioners need to keep track of.

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What electronic record-keeping software best fits your needs?

Business Management Daily

Keeping track of paperwork can be a challenge, It’s easy to misplace a file or even spill coffee on a document on your desk. If you don’t have that document backed up in an electronic format, you may have just lost important company or employee data. If your desk is still cluttered with paper files or documents, it’s probably time to consider switching to electronic records management (ERM).

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Legibility and Process

Florida Workers' Comp

In May, the Florida First District Court rendered an interesting and instructive decision in Ford Motor Credit Co., LLC v. Parks , 1D21-1130. It is not a workers' compensation case, but illustrates a challenge for the litigation process in our age of scanned and uploaded documents. The workers' compensation litigation process is often replete with medical records, employment records, and more.

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“The First State” Becomes the 11th: Delaware Paid Family Leave Coming Soon

Patriot Software

With the passage of the Healthy Delaware Families Act (the Act), Delaware became the 11th state to guarantee paid parental, medical, and military leave for employees. Delaware paid family leave (PFL) touches the lives of both employees and their employers. While the Act won’t go into effect until 2025, there are a number of things […] READ MORE.

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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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Minimum Wage Increases Coming in 12 Counties and Cities

InterWest Insurance Services

As we approach mid-year there are about a dozen cities and counties in the Golden State that will be increasing their minimum wage for employers that operate within their jurisdictions. The state minimum wage is currently $15 an hour for employers with 26 or more workers, and $14 an hour for all other smaller employers, but some cities and counties have higher rates to account for cost-of-living differences.

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Transparency Rules Deadline Approaching for Employers to Conform by July 1

Griffin Benefits

If you’re an employer who has not yet made public your in-network negotiated rates, out-of-network billed charges, and historically allowed amounts, you have less than two weeks to complete this task. This rule came into being through a series of overlapping transparency rules passed by congress in 2020 and 2021. Some were a part of a rulemaking from 2020 (the “Transparency in Coverage Rules” or “TiC Rules”), while others were enacted as part of the Consolidated Appropriations Act, 2021 (the yea

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Why you want a vendor-agnostic provider for employee benefits

PeopleKeep

When it comes to recruiting and retaining your employees, you need a competitive employee benefits package. However, there’s more to creating a standout compensation package than adding additional perks. It’s essential to select the right benefits for your employees. Some benefits are more appealing than others, while others help you address the growing needs of your employees without adding unnecessary complexity.

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Proposed Minimum Distribution Regulations Prompt Concerns

McDermott Will & Emery Employee Benefits

Employee benefits professionals are inquiring about relief options for proposed regulations for required minimum distributions (RMDs). According to this Tax Notes article, the proposed regulations would make determining the RMDs during the plan participant’s lifetime and the designated beneficiary more challenging for plan sponsors, IRA trustees and custodians, and third-party administrators.

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How to Improve Self-control: 10 tips

BetterUp

Jump to section. What is self-control? Why is self-control important? 10 tips on how to improve self-control. Using self-control to achieve your goals. It’s all about self-awareness.

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6 Steps to a Better Compensation Strategy

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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5 Impactful Ways Companies Are Celebrating Pride Month

Wellable

On June 28, 1969, police raided the Stonewall Inn, a gay bar in the Greenwich village of lower Manhattan in New York City, which had served as a safe haven for the LGBTQ+ community. Tensions snowballed, ultimately resulting in several days of protests.

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Impression Management: Developing Your Self-Presentation Skills

BetterUp

Jump to section. What is impression management? Examples of impression management. The theory behind impression management. Impression management in the workplace. 7 impression management techniques. Noticing the practice of impression management.

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Employment Law Changes in Europe

Global People Strategist

The European Union is set to implement a number of new employment laws in 2022 that will have a significant impact on employers across the bloc. Here are 8 employment law changes employers in Europe should know about: Maternity Leave. The EU is set to introduce a new directive on maternity leave in 2022. This will give mothers a minimum of 20 weeks of paid leave, with the possibility of extending this to 22 weeks if they so wish.

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What Employers Should Be Doing to Help Alleviate Working Caregivers’ Mental Loads

AssuredPartners

Working parents and caregivers are carrying heavy mental loads. Whether they’re in the midst of a stressful pregnancy, navigating the ups and downs of fertility, struggling with childcare, or caring for aging parents, a large percentage of any organization is trying to juggle the weight of their careers with the weight of these significant life events – and many are beginning to crash.

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Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.

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5 Tips for Bringing Your Team Back to the Office

CorpStrat

After over two years of working remotely, we know a lot of employers are grappling with if and how to bring their teams back into the office. They’re faced with a barrage of questions: Should they bring employees back full time? Keep them remote? Should they offer set hybrid programs or let employees decide their own schedule? The risk of losing great employees by pushing them to return to the office looms large however, full-time remote work doesn’t suit every business.

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12 Tools to Increase Employee Engagement in 2022

BetterUp

Jump to section. What is an employee engagement tool? Benefits of employee engagement software. Best employee engagement tools for internal communication. Best employee engagement tools for project management. Best employee engagement tools for internal feedback. Best employee engagement tools for employee recognition. 3 more employee engagement tactics.

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5 Advantages of Digital Benefits

Best Money Moves

5 advantages of digital benefits. Digital benefits options may be the next wave of HR. These are 5 major advantages of offering digital benefits in the workplace. . The work landscape looks different today than it did just two years ago and HR teams everywhere are working hard to keep up. According to Mercer, 85% of organizations are changing their benefits due to the pandemic and 60% of companies are increasing their investment in employee wellbeing.

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Goal-Setting Theory: Why It’s Important, and How to Use It at Work

BetterUp

Jump to section. What is goal-setting theory? How goal-setting theory works. The 5 principles of goal-setting theory. Examples of goal-setting theory. Benefits of goal-setting theory. Limitations of goal-setting theory. How to use goal-setting theory in the workplace.

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Employer Insights Report 2024: The State of Cancer

96% of benefits leaders agree: detecting cancer early is the best way to get ahead of rising costs and improve employee health outcomes. So why is it that 82% of employers currently spend significantly more on post-diagnosis care and disease management rather than upstream care? A new survey of 250 benefits leaders who oversee 500 to 50,000 covered lives highlights their perspective on cancer and its burden.

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How to Choose a Benefits Decision-Support Tool

Flimp Communications

Trying to choose a benefits decision-support tool? Learn what separates the best from the rest in this bite-size guide. The post How to Choose a Benefits Decision-Support Tool appeared first on Flimp.

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The LGBTQ Wage Gap – Present and Rising

HR Digest

The LGBTQ wage gap is a phenomenon that many are not even aware of. How do we combat something when people are not even aware of its existence? LGBTQ wage gap issues go against every tenet of diversity, inclusion, and equality. Nobody should be discriminated against on the basis of age, race, gender, sexual orientation, or disability. However, new findings reveal that reality is becoming the norm.

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A Running Start: IRS Pilots New Pre-Examination Program

Snell & Wilmer Benefits

The Employee Plans Office of the Internal Revenue Service (the “IRS”) announced a new pre-examination program for retirement plans to begin as of June 2022. The pilot program is designed to reduce the amount of time and resources the IRS expends on plan audits, while affording plan sponsors the opportunity to identify and correct errors. Under the program, the IRS will send plan sponsors 90-day advance notice that their retirement plan has been selected for examination.

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How Winston Helps Support HR Teams and Prevent HR Burnout

Winston Benefits

The Great Resignation has ignited a flame in employees to leave unhappy positions and seek out companies that value their contributions. In return, HR professionals have become hyper-vigilant in recognizing employee dissatisfaction and implementing new plans to fill positions and retain top talent. However, the significant changes over the past two years have left HR … Continue reading "How Winston Helps Support HR Teams and Prevent HR Burnout".

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Bridging the Gap: The Intersection of DEI Initiatives and Employee Benefits

Speaker: Jaye Johnson, CBP

Unlock the secrets to transforming your organization’s employee benefits into a strategic tool for Diversity, Equity, and Inclusion (DEI). During this informative session, we will discuss common pitfalls in traditional benefits and then delve into the essence of DEI in employee-centric benefit offerings. This involves not only defining DEI in the workplace but also understanding the pivotal role that employee benefits play in fostering a diverse and inclusive environment.

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Why Elon Musk is wrong about remote work

Achievers

Does the SpaceX CEO’s leaked announcement seem less than down-to-earth when it comes to current global employment trends? Achievers Workforce Institute weighs in with up-to-the-minute, science-driven employee experience research. The pandemic may have incited economic and employment uncertainty, but one thing is for sure: it dramatically altered how the world works.

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Many Employees Choosing the Wrong Health Plans

InterWest Insurance Services

A new study has found that many people in employer-sponsored health plans are enrolling in plans that are costing them more than they ought to be paying. Many employees choose pricey plans with low deductibles, which force them to spend more up front on premiums to save just a few hundred dollars on their deductible. As result, many employees are spending hundreds, if not thousands of dollars more on their health care/health coverage than they need to.

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US Supreme Court Holds Washington State’s Workers’ Compensation Law Unconstitutional Under the Supremacy Clause

Workers' Compensation

Washington’s workers’ compensation law discriminates against the Federal Government and its contractors. Because §3172 does not clearly and unambiguously waive the Federal Government’s immunity from discriminatory state laws, Washington’s law is unconstitutional under the Supremacy Clause. Speaking for a unanimous Court, Justice Breyer stated, “The question before us is whether a Washington State workers’ compensation law falls within the scope of this congressional waiver.