Employee Benefits

JANUARY 3, 2023

The cost of living crisis is affecting us all – in various degrees and in different ways. As prices surge everywhere you look, from supermarket shelves to your energy meter, the idea of trying to set aside savings seems impossible. But the lack of a cash buffer is causing many people stress as the crisis rolls on. Over one in four (27%) people say not having an emergency savings has been the biggest cause of financial anxiety in the past six months.

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Proskauer's Employee Benefits & Executive Compensa

JANUARY 3, 2023

As part of our ongoing series on SECURE 2.0 , this post discusses three significant changes to corrections of common retirement plan errors: (1) New rules for correcting overpayments, (2) expansion of the Self-Correction Program under the IRS’s Employee Plans Compliance Resolution System (“EPCRS”) to cover most inadvertent errors, and (3) making permanent the current EPCRS safe harbor correction method for elective deferral failures related to automatic contribution arrangements.

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Employee Benefits

JANUARY 3, 2023

Have you been ‘desk bombed’? Has the phrase even entered your vocabulary? It’s a term that entered HR terminology in 2022 and can be attributed to changes in working practises and preferences since returning to the office after the covid-19 lockdown. In this blog, we take a look at: what is desk bombing, how has it emerged, the role of technology, and what can businesses do?

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Business Management Daily

JANUARY 3, 2023

Workplace stress is at an all-time high, with 94% of workers reporting feeling stress on the job, and it causes a whopping 1 million Americans to miss work each day. Anyone with a job can likely attest to this, as it’s normal to experience stressful situations at work, even if you love what you do. Meeting stringent deadlines, dealing with difficult co-workers, long hours on the clock, and difficulty getting enough sleep are all common stressors to experience because of your job, regardless of y

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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

Benefit Resource Inc.

JANUARY 3, 2023

It’s that time of year again! The new year is upon us, and with it comes hopes of achieving our goals for the upcoming months. Whether you’re looking to retire, advance your career, or prioritize your health, now is the perfect time to start planning your journey. If you’re in the 70% of people who have health-related goals for 2023, let’s take a look at how pre-tax benefits can help set goals and prioritize your health this year and beyond.

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Workplace Insight

JANUARY 3, 2023

In an uncharacteristically Waddellian moment*, the Word of the Year for 2022 according to The Economist was ‘hybrid work’. Yet despite its ubiquity, in the comparative calm of social channels over the holiday period lurked claims that no-one knows what hybrid working is. Even though millions of people are doing it. Given that such an assertion came as a surprise, there was only ever going to be one opening post for 2023: an attempt to explain it.

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HR Digest

JANUARY 3, 2023

Wrongful termination is any form of dismissal from work that violates the law or the company’s policies. That being said, employees tend to get laid off unlawfully without having an idea. That’s why learning the different examples of wrongful termination is a good start in case you need to make a legal claim. If you have been fired by your employer in violation of federal/state laws or even the company’s policies, they might be cause for repercussions.

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Employee Benefits

JANUARY 3, 2023

Luxury car manufacturer Bentley Motors, energy provider E.On and consumer goods organisation Unilever have been named among the best places to work for UK shift-based employees for 2023, according to ratings published by community job platform Breakroom. Breakroom’s Best and Worst Places to Work in 2023 used reviews from its community of more than 430,000 shift-based staff in order to create its rankings.

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McDermott Will & Emery Employee Benefits

JANUARY 3, 2023

CMS is soliciting feedback on the creation of the first national directory of healthcare providers and services (NDH), which would contain information on healthcare providers and services across the country. CMS states that the NDH would improve and support interoperability throughout the healthcare sector for payers and providers while making it easier for patients to […].

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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

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cipHR

JANUARY 3, 2023

Want to dial up employee engagement at work in 2023? Here’s our pick of the best employee engagement tools to help you create a more productive, happier workforce . Engaged workers are more productive, happier, and innovative at work, numerous studies have shown. Fortunately, there is a myriad of employee engagement tools on the market to help you create a more engaged workforce.

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Employee Benefits

JANUARY 3, 2023

A London employment tribunal has ruled that private healthcare business St John and Elizabeth Hospital must pay £75,000 to an ex-employee in what it deemed was a case of unfair dismissal. The case, Ms E Kalhor v The Hospital of St John and St Elizabeth , concerned an employee who resigned from the position of outpatient administration clerk in April 2020, following occupational health concerns that she claimed were ignored.

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WEX Inc.

JANUARY 3, 2023

It’s 2023! To kick off another year of providing you with the employee benefits tips and information you need, we wanted to look back at your favorite blog posts from the last year. Here are our top 10 blog posts from 2022: Your HSA when you change jobs Were you among the 20% of workers expected to quit their jobs in 2022? Fortunately, your health savings account (HSA) is an employee-owned account, so it stays with you, even when you switch employers.

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Employee Benefits

JANUARY 3, 2023

Bus and coach operator Stagecoach, which employs 23,000 people in the UK, has raised upwards of £1,000 for Roald Dahl’s Marvellous Children’s Charity. As part of the organisation’s Giving for Good initiative, which supports its commitment to donate 0.5% of pre-tax profits to charitable causes on an annual basis, the ‘Marvellous Miles’ challenge encouraged employees to compete to log the most miles walked during November 2022.

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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

AssuredPartners

JANUARY 3, 2023

In final regulations released on December 12, 2022, the Department of the Treasury and the Internal Revenue Service (IRS) formally adopted and permanently extended the automatic 30-day extension for employers and other reporting entities to provide Forms 1095-B and 1095-C (collectively, “the Forms”) to employees. The Forms provide individual statements on health coverage or offers of coverage.

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BerniePortal

JANUARY 3, 2023

2023 has officially begun, which means it is time to think about how and when you plan to furnish form 1095-C. Continue reading for a brief refresher on what form 1095-C entails as well as updated reporting deadlines for 2023.

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COMPackage

JANUARY 3, 2023

As organizations across different industries embrace remote and hybrid work schedules, many find it challenging to coordinate distributed teams. Workplace flexibility is often regarded as a competitive advantage in today’s labor market. If you recently introduced flexible working in your company, you may have considered hiring a Head of Remote employees.

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Employee Benefits

JANUARY 3, 2023

Global law firm Norton Rose Fulbright has appointed Kate Evans (pictured) as chief people officer for the Europe, Middle East and Asia (EMEA) region. Evans will work with the EMEA management team, the broader partnership and business services leaders to enhance employee engagement , talent retention and career development, and bring about a more inclusive workplace.

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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

JANUARY 3, 2023

SumTotal is a leading provider of talent development solutions, including their Succession offering. Succession planning is the process of identifying and developing potential successors for key roles within an organization. This ensures that the organization has a pipeline of qualified candidates ready to step up and take on leadership roles as needed.

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Employee Benefits

JANUARY 3, 2023

India-based PR and communications business Media Mantra has updated its annual leave allowance, effective from 1 January 2023, to create a more inclusive policy for its almost 100 employees. The revised leave policy introduced six additional days, labelled #MMCares leave, taking the total available to staff to 31 days overall per calendar year. The #MMCares leave days allow employees to take days off for whatever reason they see fit, rather than fitting within specific categories such as sick or

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HR Lineup

JANUARY 3, 2023

Empxtrack is a comprehensive HR solutions platform that offers a range of tools and features for succession planning. Succession planning is a crucial process for any organization, as it helps to identify and groom potential successors for key roles within the company. With Empxtrack’s succession planning tool, organizations can identify and track potential successors, assess their skills and capabilities, and create development plans to help them prepare for future leadership positions.

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Professionals Alternative

JANUARY 3, 2023

Energy Risk Underwriter Best Practices. Part of energy risk assessment is loan writing and insurance protection. Taking risks is part of the insurance business whether it’s in the energy sector or not. These underwriter practices are important for everyone focusing on energy loans and energy risk insurance. The main key is for those looking for underwriting energy efficiency loans.

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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

HR Lineup

JANUARY 3, 2023

Paylocity is a payroll and human resource management software company that serves businesses of all sizes. The company was founded in 1997 and has since become a leading provider in the industry, serving over 30,000 clients across the United States. One of the key features of Paylocity is its comprehensive payroll processing capabilities. The software allows businesses to easily calculate and process payroll for their employees, including calculating taxes and benefits.

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Employee Benefit News

JANUARY 3, 2023

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HR Lineup

JANUARY 3, 2023

People HR is a cloud-based human resource management system that helps small and medium-sized businesses manage their employee information and processes. With People HR, businesses can streamline their HR functions and reduce the amount of paperwork and manual work involved in managing employee information. One of the key features of People HR is its employee database, which allows businesses to store and manage all employee information in one place.

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Employee Benefit News

JANUARY 3, 2023

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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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