Employee Benefit News

OCTOBER 20, 2022

Employee Benefits 91

Employee Benefits Healthcare 91

Money Talk

OCTOBER 20, 2022

The field of behavioral finance blends economics and psychology and acknowledges that people are often irrational decision makers. Everyone has cognitive biases, which are flaws or errors in thinking that can lead to poor financial decisions. The first step to mitigating errors is to become aware of common biases to plan to proactively minimize them.

Finance 349

Finance Retail Banking IT 349

InterWest Insurance Services

OCTOBER 20, 2022

Despite newly enacted federal transparency rules for hospitals and health plans, some large hospitals are still not posting the required price lists for their services, according to a recent report. The Centers for Medicare and Medicaid Services’ transparency rules were implemented to shine the light on what hospitals charge for their various medical services, the negotiated rates insurers have with health plans and the out-of-pocket costs enrollees can expect to pay for these services.

Hospitality 98

Hospitality Out of Pocket Cost Insurance Medical 98

International Foundation of Employee Benefit Plans

OCTOBER 20, 2022

By Brand Newland, Pharm. D., and Cal Beyer Surgeries that are unnecessarily invasive or performed under suboptimal conditions often needlessly increase health plan costs and lead to complications for patients. Read more > The post Optimizing Outcomes and Containing the Costs of Surgery appeared first on Word on Benefits.

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Insurance Employee Benefits 98

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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

Patriot Software

OCTOBER 20, 2022

Here’s a payroll question: How do you differentiate between employees and independent contractors? It all depends on the relationship between the employer and the worker. It’s important to properly classify workers, but it can be tricky. Here’s an example: Joe runs his own construction business. Joe has committed to more construction jobs than he can handle, […] READ MORE.

Construction 95

Construction Payroll Employment IT 95

Patriot Software

OCTOBER 20, 2022

It’s the holiday season. Depending on your business, you might be in the midst of holiday sales and special offers. You might have decked your office or retail space with festive decorations to show holiday spirit to customers. But, what about your employees? You want to show them some holiday cheer, too. Perhaps you organize […] READ MORE.

Payroll 87

Payroll Retail 87

The Workcomp Writer

OCTOBER 20, 2022

In an unpublished opinion, the Court of Appeals of New Mexico affirmed a decision by a state workers’ compensation judge that denied an injured worker’s request for full reimbursement of out-of-pocket costs for medical cannabis used in connection with his injury [ Barrozo v. Albertson’s, Inc. , 2022 N.M. App. Unpub. LEXIS 372 (Oct. 11, 2022)]. The court acknowledged that N.M.

Out of Pocket Cost 72

Out of Pocket Cost Workers’ Compensation Medical Insurance 72

Patriot Software

OCTOBER 20, 2022

As pay card usage picks up steam, you may consider using them in your small business. But before you decide to implement this payment method, you must understand pay card laws by state. Many states have laws in place that prohibit, limit, or allow employers to use pay cards. Violating state (and federal) payroll debit […] READ MORE.

Payroll 81

Payroll Employment 81

McDermott Will & Emery Employee Benefits

OCTOBER 20, 2022

The US Supreme Court will hear a whistleblower’s False Claims Act suit that the US Department of Justice (DOJ) had previously moved to throw out. In this Law360 article, McDermott Partner Tony Maida offers perspective about the DOJ’s 2018 Granston memo. “It does not make sense for the government to need to justify its decision to […].

Government 66

Government Employee Benefits IT 66

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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

Paid Leave

Patriot Software

OCTOBER 20, 2022

As an employer, you’re responsible for payroll taxes, like Medicare tax. So, what’s the purpose of Medicare tax? And, what does it include? Keep reading to get a brief rundown. Medicare tax overview Medicare taxable wage is defined as gross earnings minus non-taxable income. Gross earnings are made up of the following: Regular earnings Overtime […] READ MORE.

Overtime 78

Overtime Taxes Payroll Employment 78

BetterUp

OCTOBER 20, 2022

Jump to section. What is an internship? Are internships paid? 5 benefits of internships. How do internships benefit employers? Your next move: the best ways to find an internship.

Employment 52

Employment 52

Patriot Software

OCTOBER 20, 2022

Employee leasing can offer advantages to small business owners. Instead of directly hiring workers, the client company hires the services of a professional employee leasing organization. Also known as a professional employer organization (PEO), the leasing agency oversees everything from recruitment to HR administration. With employee leasing, small businesses can save on payroll management, tax […] READ MORE.

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Professional Employer Organization Payroll Manager Payroll Taxes 77

HR Digest

OCTOBER 20, 2022

Not so long ago, I read about this elementary school administrator in Mississippi who was sacked for reading I Need a New Butt! , a humorous children’s book to a class of second-graders. The incident spurred criticism and a wave of supporters who felt the move was some form of censorship of books in the school. Twitter, on the other hand, turned into a temporary therapy clinic for people who had their own stories of getting fired.

Media 52

Media Employment Management IT 52

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

Patriot Software

OCTOBER 20, 2022

A group interview can be an interview solution for job candidates, presenting the opportunity to gather more information in a different way. Group interviews can also help employers gauge how a person may react on the job by seeing how they function in certain scenarios. There are a few different group interview styles that employers should […] READ MORE.

Employment 77

Employment Payroll 77

BerniePortal

OCTOBER 20, 2022

As an HR professional, you know how important healthcare is to your team. And the rising costs of health services and coverage don’t seem to be slowing down. But in 2024, there may be a surprising new player disrupting the health insurance industry—Apple. Why might Apple start offering health insurance, and how could it affect your organization? Read on to find out.

Health Insurance 52

Health Insurance Insurance Healthcare IT 52

Patriot Software

OCTOBER 20, 2022

ABA numbers are unique numbers assigned to financial institutions to allow funds transfers between different banks. Although this practice is also prevalent in other countries, the nine-digit format is unique to the United States. ABA numbers are known by several other terms, namely Routing Transit Numbers (RTN), ABA Transit Numbers, and ABA Routing numbers.

Banking 76

Banking Payroll 76

Professionals Alternative

OCTOBER 20, 2022

Front Desk Coordinator Interview Questions. Whether you are conducting an interview or preparing for one, it’s important to know what to expect when applying for the job of a front desk coordinator. Make sure you are prepared before attending the interview by reading about some of the most common questions that are asked. An office coordinator handles office activities and communications while also assisting upper management with critical duties.

Software 52

Software Overtime Medical Education 52

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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

Patriot Software

OCTOBER 20, 2022

Non-taxable wages are wages given to an employee or individual without any taxes withheld (income, federal, state, etc.). However, most wages that you pay out to your employee(s) are taxable. So when are wages non-taxable? The IRS definition of a non-taxable wage and other tax-exempt income is fairly narrow. (Please note that there are exceptions […] READ MORE.

Taxes 75

Taxes Payroll 75

CorpStrat

OCTOBER 20, 2022

Open Enrollment is just around the corner and it seems like every company is trying to get their hands in your pocket. Whether it’s Payroll companies, software companies, retirement companies, plan vendors, or companies like ADP and Paychex, everyone has a “better solution” that they want to sell you. Upon closer examination, these “better solutions” all lack a piece that is generally critical to your business. .

Payroll 52

Payroll Human Resources Employee Benefits Taxes 52

Patriot Software

OCTOBER 20, 2022

The average rate of illness or injury at the workplace can affect employers’ insurance costs. With workers compensation insurance, experience rating modification allows a group of businesses to share the risk of undergoing a loss. While the entire group’s losses can be predicted quite accurately, it is difficult to forecast which group member will experience […] READ MORE.

Workers’ Compensation 74

Workers’ Compensation Insurance Employment IT 74

HR Digest

OCTOBER 20, 2022

We’ve all been there – wondering what to write in the subject line for an apology email. Does putting something like “I am sincerely sorry” work? Would writing “Please accept my apologies” sound lazy? There’s a lot to uncover when it comes to the art of writing an apology email. While we won’t get into the nitty gritty of it here, we do have some serious tips on how to pick a subject line for an apology email.

Employment 52

Employment IT Employee Benefits 52

Advertiser: Paycor

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

Management

Patriot Software

OCTOBER 20, 2022

Even if you pay an employee a salary, you might owe them overtime wages. Learn how to calculate overtime pay for salaried employees correctly. And, check out step-by-step examples. When are salaried employees eligible for overtime pay? There are two types of employees: exempt and nonexempt. These classifications refer to whether an employee is exempt […] READ MORE.

Overtime 73

Overtime Salary Payroll 73

Business Management Daily

OCTOBER 20, 2022

What was once a more straightforward question, has caused some confusion since 2020. Does local income tax withholding follow the wages or the person? If it follows the wages, you withhold taxes where the wages are earned. If it follows the person, you withhold taxes where the person earning those wages is located. For state tax purposes, withholding mostly follows the person, except in 2020, when employers sent employees home to work.

Taxes 52

Taxes Work From Home Technology Employment 52

Patriot Software

OCTOBER 20, 2022

The term “regular hours” can mean several different things, but most often refers to the usual hours that employers expect their employees to work. When an employer runs payroll, they usually must select from several different hours types: regular hours, overtime hours, holiday hours, etc. Regular hours usually align with the hours that the company is open for business. […] READ MORE.

Overtime 72

Overtime Payroll Employment Human Resources 72

BetterUp

OCTOBER 20, 2022

Jump to section. Is it unprofessional to decline an interview? Why refuse a job interview? How to decline an interview (respectfully). Email templates for declining an interview. The bottom line.

IT 52

IT 52

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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