Mon.Jun 05, 2023

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Compliance TV: IRS Announces HSA Limits for 2024

PayrollOrg

In this June 2023 edition of Compliance TV: IRS Announces HSA Limits for 2024; DHS Extends Date to Physically Check Documents to August 30; IRS Releases Form 941-X, Instructions; IRS Releases Drafts of Forms W-2c and W-3c, 2024 Form W-3, and more.

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District Court Denies Employer’s “Injury-In-Fact” Challenge to Withdrawal Liability

Proskauer's Employee Benefits & Executive Compensa

In Holland v. Murray , No. 21-cv-567, 2023 WL 2645708 (D.D.C. Mar. 27, 2023), the court held that financial support provided by Congress to a multiemployer pension plan under the Bipartisan American Miners Act (“BAMA”) did not divest the plan of Article III standing to pursue the withdrawal liability it was owed. After the contributing employer filed for bankruptcy, the plan assessed its controlled group members, the defendants, with $6.5 billion in withdrawal liability.

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Is Hybrid Work Culture Best of Both Worlds?

HR Digest

The hybrid work culture, which encapsulates, the mix of both onsite and remote work, is proving popular with companies as well as employees. It’s hard to imagine, but prior to the pandemic, only 8% of meetings included a remote participant. Collaboration was almost always done in person. The pandemic forced companies to quickly adopt remote work as an integral part of their business continuity strategy.

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The Internet and a pile of turtles that goes all the way down

Workplace Insight

In his 1998 book A Brief History of Time, Stephen Hawking relates the following anecdote: “ A well-known scientist (some say it was Bertrand Russell) once gave a public lecture on astronomy. He described how the earth orbits around the sun and how the sun, in turn, orbits around the centre of a vast collection of stars called our galaxy. At the end of the lecture, a little old lady at the back of the room got up and said: “What you have told us is rubbish.

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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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What role does ChatGPT have to play in benefits communication?

Employee Benefits

Need to know: Artifical intelligence (AI) systems like ChatGPT can automate and streamline processes, freeing up HR and leadership time for more nuanced and creative tasks. Benefits communications can be personalised, and their delivery optimised for each individual employee, to have a the best possible impact. Employers must be careful with sensitive data, as well as ensuring that AI systems do not exacerbate existing biases.

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10 Practical Ways To Improve Employee Commitment In Your Organization.

Vantage Circle

Are you ready to unlock the full potential of your workforce? How can you inspire unwavering commitment and create a team that goes the extra mile? Why are some employees always ready to tackle any challenge that comes their way while those who are in it for the paycheck are on a never-ending coffee break. Well, the difference lies in the level of employee commitment.

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Virtual Interview Tips for Landing a Remote Job

BetterUp

Jump to section Types of virtual interviews 6 virtual interview tips to help you get the job 3 common virtual interview questions Put your best (virtual) foot forward

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QSEHRAs and what they mean for your small business

WEX Inc.

If you’re a small business owner, the qualified small employer health reimbursement arrangement (QSEHRA) might be the benefits plan you’re looking for. Offering a QSEHRA lets you deliver healthcare savings for your employees, which could pay off as a retention and recruitment tool as you grow your business. What is a QSEHRA? A QSEHRA is a tax-advantaged benefits plan funded by the employer that employees can tap into to pay for eligible expenses.

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How to Conduct a DEI Survey in the Workplace

15Five

Any good diversity, equity, and inclusion (DEI) strategy starts with employees. After all, they’re the people who work in your organization and will be impacted by your DEI efforts. So to gain insights that help your DEI work, it’s worthwhile to run a DEI survey to understand the current state of DEI in the workplace, gather employee sentiment, and make data-driven decisions about your DEI strategy.

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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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10 Best Employee Intranet Platforms in 2023

HR Lineup

In today’s digital age, employee intranet platforms have become a vital tool for organizations of all sizes. These platforms serve as centralized hubs for internal communication, collaboration, knowledge sharing, and employee engagement. In 2023, there are several exceptional intranet platforms available that provide advanced features and seamless user experiences.

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Pay transparency has left middle managers unprepared to defend salary discrepancies

Employee Benefit News

As more organizations implement salary transparency policies, managers are left navigating difficult conversations that could lead to resignations.

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Employee connection: How it affects organizational health

Business Management Daily

How well do you know your employees? Do they feel a sense of belonging at your organization, and do they get along well with their coworkers? These are vital questions to answer as a team leader, especially if you want to get the best work out of your team. It’s been proven time and time again that the highest performing employees have a strong sense of belonging at their organization, and they enjoy positive emotional connections with their coworkers.

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45% of LGBTQ employees feel being out at work could cost them their careers

Employee Benefit News

The choice to be visibly queer at work is personal, but employers are in a position to signal support.

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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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Kearney implements new Europe family support package

Employee Benefits

Global management consultancy firm Kearney has announced an expanded family support package for its European workforce. The firm, which employs 4,200 workers across 40 countries, will provide six months of full-time leave for all new parents, regardless of their gender or how they become parents. It will also offer a six-month ‘phase-back’ option, where staff can work part-time after returning from the leave with an enhanced salary.

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The PWFA is expanding protections for pregnant workers — how employers can prepare

Employee Benefit News

Seth Turner, co-founder of AbsenceSoft, explains how businesses can be compliant with the PWFA.

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Weir Group receives mental health support recognition

Employee Benefits

Credit: JHVEPhoto / Shutterstock.com Global mining technology business Weir Group has been recognised for its workplace mental health support commitment in Churches, Charities and Local Authorities’ (CCLA) Corporate Mental Health benchmark – UK 100. The benchmark assesses 100 of the largest listed UK businesses on their global approach to workplace mental health and ranks them across several pillars, including management commitment and policy, governance and management, leadership and innovation

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The broker and doctor crossroad is a necessary intersection

Employee Benefit News

Aligning the interests of key stakeholders is vital as healthcare evolves and the focus on value-based purchasing is fine-tuned.

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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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Health At Hand: Evolution, Impact, & Future Of Wearable Devices 

Wellable

Explore the impact, applications, and future trajectory of wearable devices in the workplace and beyond. The post Health At Hand: Evolution, Impact, & Future Of Wearable Devices appeared first on Wellable.

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Ricoh readies itself for next generation of workplace AI

Employee Benefits

In June 2019, document services, consulting, software and hardware business Ricoh placed itself at the vanguard among employers, introducing financial wellbeing artificial intelligence (AI) chatbot MyEva to its approximately 2,000 UK employees. In the years since, the organisation has seen registration for the service increase from 19% to 46%, highlighting employees’ willingness to engage with technology in lieu of more traditional HR processes, according to Rebekah Wallis, director of people an

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Do small businesses have to provide health insurance?

Higginbotham

Running a small business isn’t easy. In addition to delivering a product or service that people want and marketing it successfully, you have to comply with business licensing requirements. If you have employees, there are even more hoops to jump through. One question in particular comes up a lot: Do small businesses have to provide health insurance?

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Strategies for recruiting cost accountants

Professionals Alternative

Unlocking the secrets to finding top talent strategies for recruiting cost accountants As a hiring manager, I understand the struggles that come with finding the right talent for your organization. Especially when it comes to cost accountants, who are an integral part of any company’s finance department. Over my many years in the business, I’ll discuss the best techniques to locate and hire cost accountants.

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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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Re-Engaging Today’s Workforce

eni

Employee engagement is a critical factor in driving productivity, innovation, and overall organizational success- but in today’s fast-paced and ever-changing work environment, maintaining a high level of engagement can be challenging. As organizations seek to re-energize their workforce, it is essential to understand the factors that contribute to disengagement and implement strategies to reignite the flame.

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Captive Health Insurance and Prescription Drug Costs

AssuredPartners

Captive insurance coverage that includes prescription drugs as part of the program is not new in the employee benefits marketplace. Many prescription drugs have been developed over the years and provide life-changing treatments for participating employees and their dependents. And in some instances, it may even save money on a company's medical spend.

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Think tank seeks funding for Universal Basic Income trial

Workplace Insight

A universal basic income may be trialled in England for the first time, with thirty people set to be paid £1,600 per month over a two-year period regardless of personal circumstances. Researcher Autonomy is seeking funding for the pilot scheme, which it claims “has the potential to simplify the welfare system and tackle poverty in Britain”. People will be drawn from two locations in England to participate, with the scheme testing the effects of basic salary being paid to everyone regardless of w

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Exclusive: Aldi Stores and Lidl GB shortlisted for Best healthcare and wellbeing benefits

Employee Benefits

Supermarkets Aldi Stores and Lidl GB have been shortlisted in the category Best healthcare and wellbeing benefits at the Employee Benefits Awards 2023. Sponsored by Vivup, this award was created to celebrate a successful health and wellbeing strategy that helps boost productivity or engagement through employee wellbeing. The full category shortlist is: Aldi Stores CSSC Gerald Eve Herbert Smith Freehills Lidl GB Palantir Wave World Duty Free Group (Dufry) At last year’s ceremony, charity Blood Ca

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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.