International Foundation of Employee Benefit Plans
MAY 23, 2023
On February 27, 2023, the Internal Revenue Service (IRS) issued a proposed rule to clarify the use of forfeitures in qualified defined contribution (DC) and defined benefit (DB) retirement plans. The rule would take effect for plan years beginning on or after […] The post Forfeiture Guidance for Retirement Plan Sponsors appeared first on Word on Benefits.
HR Digest
MAY 23, 2023
As a college student you must have been told a zillion times by guidance counselors, teachers and parents that you need to attend college to earn a good living, but is a college degree worth it? Should you go to the college? While many people debate the value of a college education in today’s economy, a college education is a crucial investment that can transform one’s life in countless ways.
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Employee Benefits
MAY 23, 2023
#TOHELPMYANXIETY It’s Mental Health Awareness Week, and this year, the focus is on anxiety. “Anxiety is a normal emotion in all of us, but sometimes it can get out of control and become a mental health problem.” Mental Health Foundation (MHF) Everyone gets anxious from time to time, and there are many causes. However, with the cost-of-living crisis impacting the nation’s mental health; this year MHA Week is bringing attention to financial anxiety.
Workplace Insight
MAY 23, 2023
Sedus Stoll AG, the Germany based office furniture giant, and US based Watson Furniture Group have announced a new global partnership. The deal was signed at last year’s Orgatec office furniture exhibition. For both companies, the global partnership is seen a logical next step in the development of their businesses, the firms claim. Shared values and similar market strategies and expertise in the areas of technology and manufacturing are an excellent stepping stone to strategic cooperation
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What type of worker is most engaged—hybrid, remote, or onsite? What are the drivers of effective leadership? What does the C-suite think HR is most responsible for? And why is a wave of HR resignations more likely in the next 12 months? Get our annual survey report to find out: The #1 challenge of recruiting & hiring Why remote teams are struggling What are the drivers of effective (and ineffective) leadership And lots more!
Flimp Communications
MAY 23, 2023
Economic uncertainty has a deep impact on your employees, which impacts your bottom line. You can increase their salaries, yes, but here are some other ways to support your employees through uncertainty. The post Supporting Employee Financial Wellness During Times of Economic Uncertainty appeared first on Flimp.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Florida Workers' Comp
MAY 23, 2023
The Work Comp Academy 2023 came off last Friday (May 19) without a hitch. It was billed as bringing over 1,000 years of workers' compensation experience to benefit the next generation in this space. It may have fallen short of that mark with last-minute withdrawals of a couple of speakers, but it came close nonetheless. It was attended by a spectrum of lawyers from across the state, from Panama City to Jacksonville, and south to Miami.
InterWest Insurance Services
MAY 23, 2023
The California Civil Rights Department (CRD) recently released a detailed set of frequently asked questions about a new bereavement law that requires employers in the state with five or more workers to provide leave for up to five days to a worker who loses an immediate family member. The law, which took effect Jan. 1, 2023, covers bereavement leave upon the death of a: Spouse Child Parent Sibling Grandparent Grandchild Domestic partner, or Parent in-law.
McDermott Will & Emery Employee Benefits
MAY 23, 2023
On April 12, 2023, Germany’s Federal Ministry of Finance and the Federal Ministry of Justice published the draft bill for a law on the financing of future-proof investments (Zukunftsfinanzierungsgesetz – ZuFinG-E). This proposed legislation seeks to enhance the performance of the German capital market and bolster the appeal of Germany as a financial hub within […] The post Update Future Financing Act – Focus on Employee Participation in Germany appeared first on EMPLOYEE BENEFI
Employee Benefits
MAY 23, 2023
Underfloor heating specialist firm Gaia Underfloor Heating has provided its workforce with training to promote mental health and staff wellbeing. In order to increase awareness of mental health issues and remind employees of the available resources, staff took part in a training programme provided by People HR and completed various modules as part of their personal development and wellbeing.
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About 40% of us will be diagnosed with cancer in our lifetime, and patients are getting younger. At the same time, the cost of treatment continues to rise, with employers spending 8.5% more on cancer care for each employee than they did last year. The best thing employers can do for their employees and business tomorrow is to invest in cancer detection and care today.
AssuredPartners
MAY 23, 2023
When you win a contract with the federal government, it’s important to understand that you are subject to numerous rules, regulations, and laws as a government contractor. Compliance with the Service Contract Act and the Davis-Bacon Act are just two of the major domestic requirements that are a must for any contractor. The McNamara-O’Hara Service Contract Act (SCA) of 1965 is one of the most important laws that contractors must comply with domestically for federal contracts over $2,5
Employee Benefits
MAY 23, 2023
Credit: Peter_Fleming / Shutterstock.com Craft retailer Hobbycraft and software firm Softwire were named among the Best Companies to Work For in Q2 2023. The Best Companies league tables for small, mid-sized, large and big employers were revealed during a live event at Salford’s MediaCity last Friday. Businesses were ranked using a methodology that included employees’ responses to an engagement survey, which produced a Best Companies Index score.
Workplace Insight
MAY 23, 2023
FUTURE Designs, the international designer and manufacturer of luminaires and lighting solutions, has launched its latest ultra-thin lighting design, NARO. Subtle in design, the aesthetic makes NARO architecturally neat and understated. Being only 22mm wide, NARO caters for the ever increasing demand for thinner minimal profiles. The innovative product has the creative adaptability to form countless configurations in square or linear formations, offering flexibility for any brief.
Employee Benefits
MAY 23, 2023
Humber Teaching NHS Foundation Trust has introduced paid leave for employees who experience pregnancy loss and the premature arrival of new babies. Employees who experience a miscarriage before the 24th week are now entitled to two weeks of paid leave , while a partner can take to up to five days of paid leave. The trust’s early childbirth leave allows employees whose babies are born early to receive additional maternity leave at full pay, with partners receiving an additional two weeks at full
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Game Plan Total Rewards provides strategic consulting and project management services for Total Rewards, HR Operations, and Mental Health programs. From 50 to 50,000+ employees, all industries, we are experienced in working with all sizes and types of organizations and can support globally given our experience in over 30 countries.
Workplace Insight
MAY 23, 2023
Sustainable office design pioneer Casala has added to its portfolio of ground-breaking products with the launch of the Omega range of seating. Omega is a stylish and comfortable seating range, unmistakeable thanks to its slender shell made from recycled PET felt, combined with a lightweight steel frame. The diversity of the product family makes Omega a multifunctional all-rounder for the office, receptions, hospitality and break out spaces.
Professionals Alternative
MAY 23, 2023
The Power of Digital Transformation in Collections Workforce In the fast-paced and evolving collections industry, hiring top talent is crucial for maintaining a competitive edge and driving success. As a hiring manager, it’s essential to understand how to attract and retain the best professionals in this digital age. This blog explores the strategies and considerations that can help you effectively navigate the hiring landscape in collections.
Proskauer's Employee Benefits & Executive Compensa
MAY 23, 2023
The Tax Court’s May 3, 2023, decision in ES NPA Holding, LLC v. Commissioner (T.C. Memo 2023‑55), upholding a taxpayer’s position to characterize a partnership interest as a profits interest under the “safe harbor” of IRS Revenue Procedure 93-27 (as clarified by IRS Revenue Procedure 2001-43 ), provides helpful guidance to issuers of profits interests, including private equity funds and other investment partnerships and their portfolio companies.
Bayzat
MAY 23, 2023
Last Updated on May 23, 2023 by user Every manager and CEO knows that people make businesses succeed or fail. But managing employee performance is still too often an afterthought. In reality, if you want to make the most out of your business practices, you need to know the ROI in performance management. Performance management systems can be the key to unlocking the most out of your employees.
Advertiser: Paycor
Benefits are central to any HR strategy. A strong benefits package attracts top talent, boosts engagement, and retains top performers.
cipHR
MAY 23, 2023
Many people don’t pay attention until their employers’ bereavement and compassionate leave policies until they need to use it. Here’s what you need to know If a loved one is ill and you need to take time off from work to look after them, do you know how compassionate leave can help? If you sadly lose a loved one, do you know what you’re entitled to under bereavement leave?
UpstartHR
MAY 23, 2023
“And speaking of changing expectations and what’s socially acceptable, this challenge of ghosting is going through the roof, and I’ve got bad news for you. It’s gonna get worse. When we look at the data on ghosting, we see that it’s actually age correlated. So someone who is 25 is more likely than someone who’s 35, who’s more likely someone who’s 45, and so on.
Employee Benefit News
MAY 23, 2023
Genesis HR Solutions
MAY 23, 2023
Where did all the workers go?! The deficit of workers in the United States is real—in the U.S., we have 3 million fewer Americans working today compared to February of 2020. Post-pandemic, employees have disappeared from their workplaces: taking early retirement, staying home due to lack of childcare, reevaluating their priorities, taking opportunities to work part time, and, in some cases, simply deciding to work less and get along with less income.
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The first report from Gallagher’s 2024 US Workforce Trends Report Series, includes data from 3,500+ employers who participated in the 2024 US Benefits Strategy & Benchmarking Survey. The report provides benchmarks for benefits, HR and people strategies to help organizations thrive. Organizations continue to rank retention as the top priority for HR, and second highest for operations.
Employee Benefit News
MAY 23, 2023
BetterUp
MAY 23, 2023
Jump to section What’s the definition of cell phone addiction? Why are cell phones addictive?
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Ready to boost employee happiness, improve inclusion, and make a positive impact on morale? From fostering cooperation and collaboration to promoting inclusivity and community impact, our checklist covers it all! Create the kind of workplace where employees feel valued, motivated, and invested in your success.
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