Thu.Jul 13, 2023

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SECURE 2.0 Act Financial Planning Opportunities in 2023 and Beyond

Money Talk

The SECURE 2.0 Act of 2022 , passed last December, has financial planning opportunities for both the accumulation and distribution phases of retirement planning. Below is a brief summary of a few key retirement savings provisions from about 100 changes contained in this legislation: RMD Changes- Effective January 1, 2023, the starting age for required minimum distributions (RMDs) for people born from 1951 to 1959 is now 73 instead of 72 and the starting age for those born in 1960 or later is now

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Missouri Is Second State to Enact Earned Wage Access Law

PayrollOrg

Missouri recently became the second state to enact an earned wage access (EWA) law to regulate EWA providers. The law takes effect on August 28, 2023.

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Finding the Best Project Management Software for Your Needs

Qandle

In the fast-paced world of project management, staying organized, collaborating effectively, and delivering projects on time is crucial for success. To achieve these goals, organizations and individuals are increasingly turning to project management software and tools. In this comprehensive blog, we will explore the significance of project management software, delve into its benefits, and help you find the best fit for different scenarios, including small teams, individuals, and multiple project

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District Court Upholds DOL’s Dual Jobs Final Rule for Tip Credit

PayrollOrg

A U.S. district court ruled the U.S. Department of Labor’s (DOL) dual jobs final rule under the Fair Labor Standards Act is valid.

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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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Employers Expect Higher Premiums, Little to No Cost-Shifting

InterWest Insurance Services

Employers who were surveyed for a new report expected that group health insurance premiums would increase 5.4% this year and at a faster clip in 2024 as inflation hits medical costs. Employers said they are looking to manage growing group benefit costs without shifting costs to employees, as they realize that their staff are likely dealing with inflation in all facets of their lives, including their medical bills, according to Mercer’s “Survey on Health and Benefit Strategies for 202

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How to Create a Positive Work Environment?

HR Lineup

A positive work environment is essential for employee satisfaction, productivity, and overall organizational success. When employees feel supported, valued, and motivated, they are more likely to be engaged and committed to their work. Creating a positive work environment is not just the responsibility of the leadership team but requires a collective effort from everyone in the organization.

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This platform is helping employers normalize grief at work

Employee Benefit News

Mindy Corporon and Lisa Cooper took their own grief and turned it into a company fashioned to support others like them.

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Role Clarity in Times of Change: 3 Steps to Setting Clear Expectations After a RIF

15Five

After a layoff or reduction in force (RIF), the employees who remain may be left wondering, now what ? It’s typical for employees and even managers to worry about how things will change for them and their remaining team members. As the dust begins to settle after a RIF, confusion can set in, and “who’s doing what” can get a little messy. When this happens, employee role clarity suffers.

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Fixing the ACA’s Family Glitch

McDermott Will & Emery Employee Benefits

The “family glitch” was a regulatory oddity of the Affordable Care Act (ACA). It required the affordability of an employer-sponsored health plan to be determined based solely on the cost of the plan to an individual employee, disregarding the costs to add family members to a plan. This resulted in many families being ineligible for […] The post Fixing the ACA’s Family Glitch appeared first on EMPLOYEE BENEFITS BLOG.

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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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A Q&A on State-Facilitated Retirement Programs

International Foundation of Employee Benefit Plans

For the past several years, the International Foundation has strategically focused on the topic of retirement security. The most recent Talking Benefits podcast episode covered one crucial way to help employees reach retirement security—by giving them access to a retirement plan. Podcast […] The post A Q&A on State-Facilitated Retirement Programs appeared first on Word on Benefits.

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Inspiring TED Talks to Motivate You

BetterUp

Discover 15 inspiring TED Talks from thought leaders across industries for uplifting stories and theories on life.

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Benevity launches a climate kit to give employers actionable resources

Employee Benefit News

A successful corporate social responsibility program can have positive effects at the organizational, employee, and customer levels.

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Despina Katsikakis elected President of the British Council for Offices

Workplace Insight

Despina Katsikakis, Executive Partner & Global Lead, Total Workplace at Cushman & Wakefield, has been elected as President of the British Council for Offices (BCO) with immediate effect. She succeeds Mark Kowal, Partner at Sheppard Robson. Peter Crowther, Managing Director at Bruntwood, becomes Senior Vice President. Despina is one of the leading voices in the office sector.

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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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How managers can help frontline workers feel safe on the job

Employee Benefit News

A new survey highlights the concerns workers in healthcare and retail grapple with daily.

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To boost productivity in the UK, we need to think big and different

Workplace Insight

The decline in UK productivity since the Great Recession of 2008/2009 has been a matter of concern for business leaders, policymakers, and economists alike. Despite hopes that the pandemic would act as a catalyst for transformation and boost productivity, r ecent figures from the Office for National Statistics (ONS) show that the UK still lags behind several other G7 economies.

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Healthy returns: How investing in employee health pays dividends

Employee Benefit News

Preventive care saves lives — and healthcare costs in the long run.

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What is personal liability insurance? Understanding coverage

Higginbotham

Many people recognize that the U.S. is a litigious society, but few take steps to protect themselves from the financial impact of a lawsuit. Personal liability coverage can help you safeguard your assets if you are ever named in a lawsuit. But what is personal liability insurance? Could you be named in a lawsuit? You might think that lawsuits only happen to other people, but the reality is that anyone could be named in a lawsuit – and for many different reasons.

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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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Viventium

HR Lineup

Viventium is a comprehensive payroll and HR (Human Resources) platform that offers businesses advanced technology and innovative solutions to streamline their payroll and HR processes. With a focus on user-friendly features and personalized support, Viventium helps organizations effectively manage their workforce and ensure compliance with changing regulations.

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Introducing VIVITY: Revolutionizing Healthcare for SoCal Small Groups

CorpStrat

Are you ready for a game-changing healthcare experience that puts affordable, high-quality care within reach? Look no further than VIVITY, the groundbreaking health insurance product brought to you by BlueCross Anthem. We are thrilled to unveil this innovative solution that offers premium savings of up to 22% compared to Anthem’s FULL HMO plans on average.

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Revamping Your Creative Department: A Guide to Attracting and Retaining Top B2B Corporate Sales Talent

Professionals Alternative

[link] Revamping Your Creative Department: A Guide to Attracting and Retaining Top B2B Corporate Sales Talent As a business owner or manager, you know that having a strong creative department is essential to the success of your B2B corporate sales team. Your creative department is responsible for developing unique marketing strategies, designing eye-catching sales materials, and ensuring that your brand stands out in a crowded marketplace.

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Millennium Trust Completes Acquisition of Benefit Resource, LLC

Benefit Resource Inc.

Combined product offerings will accelerate growth and create a best-in-class solution within the health and benefits category. OAK BROOK, Ill., July 13, 2023 ( Newswire.com ) – Millennium Trust Company, LLC, a leading provider of health, wealth, retirement, and benefits solutions, today announced the acquisition of Benefit Resource, LLC (BRI), a leading provider of FSAs, HRAs, HSAs, commuter plans, and COBRA administration services. “Our strategy is building a unified and interconn

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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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Princes appoints first inclusion and diversity manager

Employee Benefits

International food and drink group Princes has appointed Siwan Smith as its first inclusion and diversity manager. Smith will be responsible for driving Princes’ inclusion and diversity strategy forward, with support from the group’s dedicated inclusion champions and six colleague resource groups. As an experienced diversity, equality and inclusion professional, Smith joined Princes following roles at engineering consultancy, Arup, Merseyside Police and innovation firms, Anchored In and KTN.

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OSHA Cites Main Line Contractor Corp. of Newark NJ for 21 Violations and $333,052 in Penalties

Workers' Compensation

A series of inspections by the U.S. Department of Labor has found a Newark-based construction contractor defying federal safety regulations by exposing employees to more than 20 violations, including potentially deadly falls, at six southern and central New Jersey work sites in early 2023. INSPECTIONS Workplace safety and health inspections by the department's Occupational Safety and Health Administration identified 21 Main Line Contractor Corp. violations in Berlin, Cape May, Lakewood, Mount Ho

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WiredCo extends parental leave policies to pets

Employee Benefits

Australian digital and creative marketing agency WiredCo has extended its parental leave policies to include pet owners, IVF and miscarriages. The agency has introduced five days of paid leave for employees undergoing IVF treatment and two days of leave for their support person. In the event of a miscarriage or stillbirth, employees can take two and four weeks of paid leave respectively.

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Push

HR Lineup

Push is a comprehensive workforce management software solution that offers a range of powerful features designed to streamline and optimize payroll, HR, and workforce management processes. With its user-friendly interface and robust functionality, Push empowers businesses to efficiently manage their workforce while ensuring compliance and accuracy in payroll and HR operations.

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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.