Wed.Jun 07, 2023

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Juneteenth Continues to Grow as a Paid Holiday Offering

International Foundation of Employee Benefit Plans

Juneteenth has been celebrated by African Americans since the late 1800s. In June of 2021, President Biden signed a bill establishing Juneteenth as a new federal holiday. Juneteenth National Independence Day is the 12th legal public holiday in the United States and is the […] The post Juneteenth Continues to Grow as a Paid Holiday Offering appeared first on Word on Benefits.

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Medical Protection Society receives menopause-friendly accreditation

Employee Benefits

Healthcare profession support organisation Medical Protection Society (MPS) has been awarded a menopause-friendly accreditation due to its commitment to talking openly about it and putting the right help in place. Established by Henpicked: Menopause In The Workplace, the accreditation recognises high standards and proven practices that embrace menopause in the workplace.

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Possible Extension of Clawback Rule Effectiveness is Welcome Development for Issuers

Proskauer's Employee Benefits & Executive Compensa

Issuers that have been scrambling to prepare their boards and executives for accelerated implementation of compliant Dodd-Frank clawback policies will be glad to hear that the NYSE and Nasdaq have filed amendments to their proposed clawback rules to extend the effective date that would apply if the proposals are approved until October 2, 2023. If approved, the amendments would give listed companies until December 1, 2023 (60 days after the effective date of the rules) to adopt a compliant Dodd-F

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What does it mean to be an employer of choice in today’s labour market?

Employee Benefits

The Covid-19 pandemic and cost-of-living crisis have changed which benefits employees value the most and what employers offer. Organisations that balance their own needs with those of their employees are likely to succeed in attracting and retaining talent as an employer of choice. With the right approach, employers can build a supportive and inclusive work environment in both a hybrid setting as well as a formal workplace.

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Creating a Company Culture of Care: Integrating Mental Health, Wellbeing, and DEI in Benefits

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.

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OCSE Changes Name to OCSS

PayrollOrg

The Office of Child Support Enforcement (OCSE) has changed its name to the Office of Child Support Services (OCSS).

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Flexible working means large firms plan to work with less but better office space

Workplace Insight

Around half of the world’s larger multinationals are planning to cut back on their office estate in response to the rise of flexible and hybrid working, according to a new report from Knight Frank. According to the study, 50 percent of employers with more than 50,000 staff worldwide will reduce their office space by between 10 and 20 percent over the next three years.

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A Complete Guide to HR Career Paths

HR Lineup

In today’s dynamic business landscape, Human Resources (HR) has become a pivotal function within organizations. Human Resources (HR) is a critical function within organizations, responsible for managing the most valuable asset: people. As businesses recognize the importance of attracting, developing, and retaining top talent , the demand for skilled HR professionals continues to grow.

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Why Incentives Are Key To Employee Onboarding, Retention and Engagement

Darwinbox

In today's hyper-competitive job market, organizations are constantly seeking effective strategies to attract, retain, and engage talented employees. One of the most powerful tool s is employee incentives. This article delves into the deep connection between incentives for employees and key aspects of employee management, shedding light on how organizations can harness this relationship for maximizing employee onboarding, employee retention, and employee engagement.

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Why mental health offerings are failing LGBTQ employees

Employee Benefit News

Keren Lehavot from Lyra Health speaks on mental health realities within the queer community — and how employers can help.

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New DOL Final Overtime Rules: Quickstart Guide for Employers

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.

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25 toxic personality traits to spot in yourself and others

BetterUp

Jump to section Toxic traits What are personality traits?

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HSA/HDHP Limits Will Increase for 2024

Griffin Benefits

On May 16, 2023, the IRS released Revenue Procedure 2023-23 to provide the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2024. The IRS is required to publish these limits by June 1 of each year. These limits include: The maximum HSA contribution limit; The minimum deductible amount for HDHPs; and The maximum out-of-pocket expense limit for HDHPs These limits vary based on whether an individual has self-only or family coverage under an H

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5 challenging interview questions to prepare for

Employee Benefit News

Keith Spencer, career expert at Flexjobs, shares how candidates can effectively answer tricky interview questions.

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The Pros of Offering More Knowledge to Your Employees

Hppy

A workforce or group of employees who have no desire to acquire new skills or are not given any opportunity to invest in their further learning and growth is likely to become stagnant sooner or later. It is a significant risk for companies and organizations to have a stagnant team as their workforce in this era of cutthroat competition and fast-paced technologies.

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6 Strategies to Navigate Social Determinants of Health for a Better Workplace

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.

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Roq uses benefits and employee promise to build reputation as employer of choice

Employee Benefits

In order to position itself as an employer of choice, UK-based engineering consultancy Roq offers its workforce a range of benefits to attract and retain top talent. It provides its 120 employees with wellbeing and financial benefits including help towards healthcare costs through a health cash plan, enhanced sick pay , enhanced maternity and paternity pay, enhanced employer pension contribution rate of 6%, long-service awards, and both employee and client referral incentives.

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3 Top Wellness Benefits for LGBTQ+ Employees

Best Money Moves

3 top wellness benefits for LGBTQ+ employees. Encourage pride year-round with these three top wellness benefits to support your LGBTQ+ employees. According to a 2022 Catalyst study, almost a quarter of LGBTQ+ Americans have experienced some sort of discrimination when applying for jobs. Almost half claim to have experienced forms of unfair treatment due to their sexual orientation or identity.

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Durdans Stables to pay £4,000 in maternity discrimination case

Employee Benefits

Durdans Stables has been ordered to pay a former female groom more than £4,000 after an employment tribunal found that she had been discriminated against. Charlotte Holloway began working at the Epsom, Surrey-based stables in October 2018. Her employer had asked her to change her working days and hours while she was on maternity leave in early 2021, but was unable to due to childcare commitments.

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Employer health insurance is a misplaced responsibility

Employee Benefit News

Rather than putting employees into cookie-cutter programs to control costs, they would be better served with an ICHRA.

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HR Trends to Watch in 2024 + Plus Advice for Driving Impact!

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.

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The Ultimate Guide to Unlimited PTO: Best Practices and Implementation Strategies

Wellable

Is unlimited PTO the holy grail of work-life balance, or does it fall short of its promises? Unlock its potential with our ultimate guide to unlimited PTO. The post The Ultimate Guide to Unlimited PTO: Best Practices and Implementation Strategies appeared first on Wellable.

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Wage growth is slowing sharply in US job postings, Indeed says

Employee Benefit News

The software industry is among those with a downward trend in jobs and salaries.

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Employers Can Sue Unions: Verdict Cements the Employees Ability to Strike

HR Digest

The Supreme Court dealt a serious blow to a core protection of workers, the right to strike. The court held that unions can be sued for the “foreseeable” damages their strikes cause employers a sweeping threat to the federally protected right, because virtually all strikes pose a “predictable” danger of harm. The strike by graduate students at the University of California in 2022 was when some of the students did not get their grads on time.

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Google Cloud launches consulting services to help clients use AI

Employee Benefit News

The move comes as businesses across industries seek to capitalize on the wave of interest in the new technology.

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Improving Access To & Utilization Of Cancer Screening With Color

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.

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Five habits for preventing digital overload

Employee Benefits

The constant connection to the online world often leads to digital overload, which can have a negative effect on the mental and physical health of employees and business owners. What can we do to prevent digital overload? David McCormack, CEO of employee perks and benefits provider HIVE360 investigates. Digital overload has been found to have played a part in increasing worldwide levels of anxiety and depression worldwide, according to the findings of the Gympass State of Work-Life Wellness Repo

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GREAT NEWS – COMPackage 3.0 is Here!

COMPackage

Click to Expand COMPackage 3.0 brings a host of new features and improved usability to COMPackage Total Compensation Statements. Here are three of the top new features. 1. Hourly Top Box Scores Visually show the total hourly rate. ( read more ) 2. Illuminative Metrics Show all kinds of useful compensation-related information that is excluded from total compensation calculations. ( read more ) 3.

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Yvonne Gallagher: Deliveroo rider worker status appealed at Supreme Court

Employee Benefits

The Independent Workers Union of Great Britain, which represents a number of riders working for the app-based delivery service Deliveroo, has appealed to the Supreme Court seeking support for its claim that it should be entitled to be recognised by Deliveroo for the purposes of collective bargaining rights for its riders. Under English law, the Trade Union and Labour Relations (Consolidation) Act 1992 allows for trade unions to seek mandatory recognition where they have support among the relevan

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Employee Wellness Programs: 10 Metrics for Success

Flimp Communications

Data and experience prove that employee wellness programs can boost productivity, reduce healthcare costs, and improve your company's bottom line. But how — and what — should you measure? The post Employee Wellness Programs: 10 Metrics for Success appeared first on Flimp.

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Balancing Cost and Care: 3 Key Considerations for Cost Optimization in 2024

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.