Wed.Nov 02, 2022

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Employee Assistance Program (EAP): 10 Ways to Make the Most Out of It

HR Digest

The pandemic proved once again that there are certain things in life you cannot avoid. Like getting vaccinations at the hospital or paying your taxes. Life goes on, and in the midst of the chaos you have to learn to bear the pain. When this stress becomes too much , an employee assistance program (EAP) can help you make everything seem more manageable.

IT 105
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What is non-discrimination testing?

PeopleKeep

As an employer or human resources professional for a small or medium-sized business (SMB), there are many compliance considerations to be aware of, especially regarding employee benefits and taxation. One such consideration is non-discrimination testing (NDT) for certain benefits offerings. This article will explain what non-discrimination testing is, when you should complete it, why it’s important for your organization, and what happens if you encounter testing failures.

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Financial Wellness Platforms: How To Launch the Best One for Your Employees

Best Money Moves

Financial Wellness Platforms: How to launch the best one for your employees. Financial wellness platforms can help support employees through tough times. Here’s how to launch the best one for your team. . Employees are feeling the heat. According to John Hancock’s 2022 study of stress , 89% of employees said it was important that employers provided a financial wellness program and 74% said a financial wellness program would help reduce their stress. .

Finance 96
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Don’t Teach Managers About Engagement: Teach Them to Be Engaging

UpstartHR

“One day he challenged me and he said, ‘Listen, I want you to help our 477 store directors be great. But listen, I don’t want you to go and teach them about engagement. They don’t need like a history lesson. But I want you to teach them how to be engaging.’ As I’ve navigated through various organizations, what I realized is that most organizations have the same challenges around manager performance.” Kamaria Scott, Manager Enablement Expert at Accenture.

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The Ultimate Performance Review Checklist

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.

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Are You a Benefits Superhero? 

HR Professionals Magazine

The post Are You a Benefits Superhero? appeared first on HRProfessionalsMagazine.

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Midterm Elections: Time Off for Voting and Legal Compliance for HR Pros

BerniePortal

Midterm elections are almost here, and employees are questioning their rights and responsibilities regarding civic engagement. The November 8 election will affect all 435 seats of the House of Representatives and a third of the 100 Senate seats, meaning this will shape the political agenda for the next two years and then the 2024 presidential election.

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How to be a good manager with sharp leadership skills

Business Management Daily

In the US, 77% of businesses report that the leadership at their company is lacking, with only 48% of companies viewing management as high-quality. Moreover, 69% of millennials feel there’s a noticeable lack of leadership development in the workforce. That’s a shame, as it takes effective leaders and managers for any business to succeed.

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Long Time Coming: SEC Adopts Final Dodd-Frank Clawback Rules

Proskauer's Employee Benefits & Executive Compensa

Twelve years after the enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and many years after the Securities and Exchange Commission started considering regulations implementing the clawback provisions of Dodd-Frank, the SEC published the Final “Clawback” Rules (the “Final Rules”) on October 26, 2022. The Final Rules task national securities exchanges (“exchanges”) with adopting formal listing standards that, in turn, require publicly listed companies to establish compe

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Ciphr named one of the UK’s top 100 Most Loved Workplaces of 2022

cipHR

Ciphr ranks among top 100 UK companies recognised for employee sentiment and satisfaction. . HR software company Ciphr has been named on Newsweek ’s first annual UK list of 100 Most Loved Workplaces. The Marlow-based firm, which employs over 220 staff across the UK, was ranked at number 35 for 2022. Claire Williams, chief people officer at Ciphr, says: “We are delighted to be named one of the UK’s top 100 Most Loved Workplaces by Newsweek.

Payroll 52
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Want To Enhance Your Total Rewards To Achieve Organizational Success? Start Here.

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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What is stop-loss insurance?

PeopleKeep

If you’re a small to medium-sized employer with a smaller benefits budget, you may choose to offer a self-funded health plan to control rising healthcare costs and lessen your financial risk. While self-funded plans are more flexible than traditional employer-sponsored health insurance, the risk of costly catastrophic claims could leave your company financially strapped.

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Employee Satisfaction: 6 Tactics to Strengthen and Retain Teams

BetterUp

Low employee engagement and high turnover have persisted for businesses around the world long after what was dubbed the Great Resignation. Around the world, companies are struggling to find ways to meet employee needs.

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IRS increases employer mandate penalties for 2023

PeopleKeep

Applicable large employers (ALEs), or organizations that have 50 or more full-time employees, must meet the Employer Shared Responsibility Provisions (ESRP) of the Patient Protection and Affordable Care Act, commonly referred to as the employer mandate. The employer mandate requires all ALEs, including government entities and nonprofit organizations, to offer their full-time employees health insurance that is affordable and provides minimum value, or be subject to penalties in the form of paymen

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International Students and work-hazard exposure: Are we managing their risks?

Workers' Compensation Perspectives

Recent changes in Canada and Australia allow international students to increase the hours they work outside their studies. Previously, international students in Canada were permitted to work only 20 hours per week outside their school programs; that limit has been temporarily removed until December 31, 2023. Australia moved earlier and lifted a similar cap until June 30, 2023.

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How to Build the Ideal HR Team

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.

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How to ensure your performance review leaves employees feeling motivated

cipHR

Regular performance reviews should help an employee develop their strengths and weaknesses while having an incentive to improve. This can be difficult to achieve, but there are many ways managers can motivate staff during these conversations. Have you ever felt disinterested, disengaged and unmotivated at work following a performance review? If you haven’t, you’re probably one of the lucky ones.

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This CEO manages employees in 60 countries — his advice for launching a digital nomad policy

Employee Benefit News

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Monthly Aggregate Claim Liability Statement

Employer Connection

The current self-funded plan design Aggregate Claim Liability Statement(s) is available to view in the Document Center by logging in to the website. Groups will continue to receive a monthly email notifying them that an important document is available for them to view in the Document Center. The Aggregate Claim Liability Statement report tracks claims and compares actual claim activity to the aggregate claim liability.

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How to build inflation-proof benefits for employers

Employee Benefit News

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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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The Exclusivity Rule Does Not Bar Claims of a Minor

Workers' Compensation

A minor may elect to file a negligence action against an employer and not be prohibited by the Exclusivity Rule that typically bars employee claims against their employers. The US District Court (NJ) issued an opinion where a minor employee alleged sexual harassment by the employer on the job. The court held that the employee could elect to pursue either a Worker's Compensation claim or a common law claim for negligence against her employer.

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This new tech platform helps young queer professionals connect with inclusive companies

Employee Benefit News

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What Are The Benefits Of Leadership Development Programs?

Hppy

Leadership development programs help to expand the ability and capacity of team members working in an organization to mold themselves into leadership roles. Almost 80% organizations have a leadership development gap and lack proper leadership strategies. Leadership roles make individuals capable enough to lead and execute the organization’s strategies.

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How this New Jersey city is keeping workers from abusing opioids

Employee Benefit News

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The Complete People Management Toolkit

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

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The Benefits Group – We Do All the Work!

HR Professionals Magazine

The post The Benefits Group – We Do All the Work! appeared first on HRProfessionalsMagazine.

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5 Ways To Spot Leadership Potential In Your Workplace

Hppy

Good leaders in the workplace can become valuable assets for their organizations. They can help their team stay motivated and are good at delegating tasks so that the day-to-day running of the business goes on without any complications. . This is why identifying potential leaders early is a great idea. Once you’ve identified the leaders amongst your employees, you’ll be able to cultivate their qualities and help them to optimize tasks and projects better by grooming them toward lean leader

Health 36
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CVS, Walmart, Walgreens reach $12 billion opioid settlement

Employee Benefit News

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November HR News Worth Review

Higginbotham

Employee Benefit Plan Limits for 2023. Many employee benefits are subject to annual dollar limits that are adjusted for inflation by the IRS each year. The following commonly offered employee benefits are subject to these limits: High deductible health plans (HDHPs) and health savings accounts (HSAs); Health flexible spending accounts (FSAs); 401(k) plans; and.

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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.