PayrollOrg
JULY 7, 2023
Effective for wages paid on or after June 1, 2023, Utah withholding tables have been revised to reflect a reduction in the personal income tax rate that took effect January 1, 2023. The current personal income tax rate is 4.65%.
Proskauer's Employee Benefits & Executive Compensa
JULY 7, 2023
A potentially overlooked but important issue that public companies should have in mind when granting option or option-like awards is avoiding the unintentional appearance of “spring-loading” and “bullet-dodging,” both of which have been a recent focus of the SEC and shareholders and viewed as potentially poor corporate governance practices. “Spring-loading” is when a public company grants option or option-like awards shortly before the release of positive material nonpublic information, which is
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PayrollOrg
JULY 7, 2023
In this July 2023 edition of Compliance TV: Employers must check documents as Form I-9 flexibility ends July 31; OCSE changes name to Office of Child Support Services; WHD publishes opinion letter covering FMLA leave during holidays; Special Report: Panel answers questions at Payroll Congress--Part 1; and more.
Employee Benefits
JULY 7, 2023
At its core, employee voice represents the collective power of diverse ideas, insights, and perspectives within an organisation. Tapping into that collective intelligence can give your organisation a significant edge over competitors and help to increase the wellbeing and satisfaction of your staff – but the trouble is – encouraging employees to speak up about their thoughts and feelings can pose a challenge, especially when each of us have preferred ways of communicating.
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.
Workplace Insight
JULY 7, 2023
We are part of the London Design Festival for the first time this year, developing an exciting new project that promises to mark a significant shift in the way we think about workplaces and sustainable design. We have partnered with Material Matters to create a space that will showcase the latest and most innovative thinking on sustainable office design, circularity, new materials and innovation.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Employee Benefit News
JULY 7, 2023
A cottage industry of career coaches who assist job seekers land WFH gigs has flourished amid fierce competition for remote work.
HR Lineup
JULY 7, 2023
In times of economic uncertainty or unexpected events, companies often face the difficult decision of reducing their workforce. Two common terms that emerge during such situations are “furlough” and “layoff.” While these terms are sometimes used interchangeably, they actually represent distinct employment situations with different implications for both employees and employers.
Employee Benefit News
JULY 7, 2023
From providing education around cannabis use, to rethinking PTO policies, employers should get creative with their wellness strategies.
McDermott Will & Emery Employee Benefits
JULY 7, 2023
Section 603 of the SECURE 2.0 Act requires catch-up contributions made by certain high-wage earners to be made on a Roth basis beginning in 2024. But it also contains one of the most talked about technical errors in the legislation, one that resulted in Congress eliminating all catch-up contributions—for everyone. Not surprisingly, that isn’t quite […] The post Just Catching Up?
Advertiser: Paycor
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.
Employee Benefit News
JULY 7, 2023
Phil Libin, CEO and company founder of Mmhmm, shares his stance on commuting in a post-pandemic world.
Professionals Alternative
JULY 7, 2023
[link] Boosting Employee Well-being: The Secret to a Thriving Workforce. The Importance of employee well-being in the Workplace Employee well-being has become a critical factor in the success of organizations worldwide. As employers, we must recognize that the well-being of our employees goes beyond mere job satisfaction. It encompasses their physical, mental, and emotional health.
Employee Benefit News
JULY 7, 2023
Robert Graham, CEO of Poll Everywhere, explains why his company is giving their employees longer weekends this summer.
Employee Benefits
JULY 7, 2023
The top 10 most-read articles on www.employeebenefits.co.uk between 30 June – 6 July 2023 were: Tui UK enhances family leave policy Birmingham City Council unable to pay £760 million equal pay bill UK salary budgets expected to decline in 2024 Barclays updates childcare leave policy for US staff Trip.com Group introduces childcare subsidy Holland and Barrett accredited as menopause-friendly employer BNP Paribas enhances US fertility and surrogacy benefits Future Workforce Alliance introdu
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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.
Employee Benefit News
JULY 7, 2023
Black workers are often among the first to be fired as the economy begins to weaken, research shows.
Employee Benefits
JULY 7, 2023
Something for the weekend: Fitness brand GymBird has taken its first step to find a chief step officer to walk 10,000 steps in a single day, report on their experience and receive a $10,000 (£7,856) payment in return. The ideal candidate will be looking to put their best foot forward in their exercise routine and be willing to commit to walking every day for a month.
15Five
JULY 7, 2023
As unpleasant as layoffs or a reduction in force (RIF) can be for everyone involved, sometimes they’re necessary for a business’s health and future growth. With the current economic climate—inflation, banking crisis, global conflicts, supply-chain issues, you name it—many companies across the globe have had to make that difficult decision. According to a survey by SoftBank Vision Fund , 62% of CHROs report they’ve cut their workforce in the past year.
Employee Benefits
JULY 7, 2023
Credit: Postmodern Studio / Shutterstock.com Emerald Publishing has enhanced its reward package with a raft of new benefits after an internal review revealed what its staff find important. Following the introduction of a monthly working-from-home allowance in January, Emerald has now implemented Summer Fridays, where its UK office will closes at 1pm every Friday until September.
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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.
WEX Inc.
JULY 7, 2023
The IRS’ use-or-lose rule governs flexible spending accounts (FSAs). This rule is one of the big differentiators between FSAs and other types of employee benefits. So what is the use-or-lose rule? And what does it mean for the upcoming plan year? We’ll answer those questions and more. What is a FSA? A flexible spending account (FSA) is an employer-sponsored benefit that allows employees to set aside a portion of their pre-tax salary to pay for qualified medical expenses or dependent care expens
Employee Benefits
JULY 7, 2023
Supermarket chain Tesco has extended its wellbeing provision for its more than 300,000 UK employees and their families to include a virtual GP service. Through the service, which is provided by Yulife, front-line staff, managers and their immediate family living in the same household will be able to access unlimited appointments with a GP seven days a week, to allow flexibility in managing their health.
Business Management Daily
JULY 7, 2023
The U.S. Supreme Court ruled on June 29 that the way Harvard and the University of North Carolina used race as an admissions factor to create a diverse student body is unconstitutional and violates the Constitution’s 14th Amendment. The decision in Students for Fair Admissions v. President and Fellows of Harvard College could affect employers that rely on diversity, equity, and inclusion programs to diversify their workforces.
Employee Benefits
JULY 7, 2023
More than nine in 10 (94%) employees rate working from home as the most important benefit to them because it increases their productivity and happiness, according to research by Business Name Generator. Its survey of more than 1,000 UK office-based workers, however, found that just 27% of respondents currently receive this benefit. The research also found that more than nine in 10 (93%) value flexible working hours and locations, while a cost-of-living payment is the most important benefit among
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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.
AssuredPartners
JULY 7, 2023
Surety bonding is a crucial aspect of many industries, from construction to finance. But what exactly is surety bonding, and why is it so important? This article will explore the basics of surety bonding and provide valuable insights into how it works. What is Surety Bonding? Surety bonding is a type of insurance that guarantees the performance of a contract or obligation.
Business Management Daily
JULY 7, 2023
The U.S. Supreme Court ruled on June 29 that the way Harvard and the University of North Carolina used race as an admissions factor to create a diverse student body is unconstitutional and violates the Constitution’s 14th Amendment. The decision in Students for Fair Admissions v. President and Fellows of Harvard College could affect employers that rely on diversity, equity, and inclusion programs to diversify their workforces.
AssuredPartners
JULY 7, 2023
Finding the right insurance coverage for your business is essential. In light of the recent news about Nationwide E&S/Specialty leaving the commercial auto market, it is crucial to acknowledge the impact this decision may have on your business. We understand the significance of this development and the challenges it presents. As a leader and trusted partner in the transportation industry, AssuredPartners Transportation is here to offer comprehensive insurance solutions and provide a seamless
Employee Benefits
JULY 7, 2023
By Jonathan Watts-Lay, Director, WEALTH at work “When it comes to securing our financial future there are often a number of decisions that must be made. A financial dilemma that many people consider is whether to prioritise reducing their mortgage debt or whether to increase the amount they pay into their workplace pension. However, there are many considerations to be aware of.
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Discover essential strategies for employers to balance cost optimization with care. The top priorities for employers in 2024 are retaining talent, growing revenue and sales, and attracting talent. To achieve these goals, employers are turning towards comprehensive total rewards strategies informed by data-driven insights. Hear from industry experts on cost optimization strategies and how to leverage these approaches for a healthier workforce.
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