Mon.Jun 27, 2022

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How Do 3401(a) Wages Work?

Patriot Software

As an employer, you’re probably familiar with W-2 wages and how they work. But, have you ever heard of 3401(a) wages? If you offer retirement plans, it’s time for your crash course. Get the lowdown on what 3401(a) wages are, how they work, and other 3401(a)-specific rules. What are 3401(a) wages? The 3401(a) compensation definition […] READ MORE.

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The key things employers must know about HIPAA law

Business Management Daily

Compliance is a top concern for small business owners. There is a variety of sensitive data that business owners need to safeguard including proprietary business information, customer data, and employment records. After all, a data breach can have a lot of negative consequences from both a PR and compliance standpoint. But what happens when employers need to access and store employee health information?

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Key Takeaways from Weekdays with Bernie 2022 | BerniePortal

BerniePortal

Each year, HRIS platform and company BerniePortal convenes hundreds of HR industry leaders and innovative thinkers for best-in-class learning opportunities, networking, and strategic solution-oriented sessions—plus the chance to earn CE credits for attending. This year’s Weekdays with Bernie was BerniePortal’s second hybrid conference, which included both in-person and virtual experiences.

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How fringe benefits work for different types of business owners

PeopleKeep

When choosing which benefits to offer to their employees, many organizations choose flexible fringe benefits instead of, or in addition to, traditional employee benefits. Many business owners whose companies offer fringe benefits ask, “Can I participate in my organization’s fringe benefits programs?”. Understanding how fringe benefits work for business owners can be challenging.

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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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Efficient, Error-Free Paydays with BerniePortal’s Payroll

BerniePortal

There are many moving pieces when it comes to payday. From managing employee hours, PTO , and deductions to ensuring your organization is withholding the correct taxes from each paycheck—running payroll can be time-consuming. But it doesn’t have to be. Many organizations are moving their payroll onto HRIS platforms for a more seamless process, making spreadsheets a thing of the past.

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Why Employee Engagement Is About More Than Just Metrics

HR Digest

When your company decides to work toward improving employee engagement, it’s easy to get caught up in the numbers. Metrics and KPIs like employee net promoter score (eNPS) and retention rates can help you identify and isolate areas of your business that could be improved, but they often fail to provide context or reasons for why these issues have arisen in the first place.

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What Employers Should Do Now That Roe Has Fallen

McDermott Will & Emery Employee Benefits

The monumental decision by the Supreme Court of the United States in Dobbs v. Jackson Women’s Health Organization to overturn Roe v. Wade presents significant challenges for employers and health plans. According to this Law360 article, employers should begin reviewing state laws, evaluating internal company policies, gauging employee reactions and preparing for legal challenges.

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Study: Watching Virtual Avatars Exercise Is Good For The Body And Mind

Wellable

While there has been much talk regarding the rise of virtual reality (VR) in the workplace, how to utilize it in corporate wellness programs has remained elusive.

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The Overturning of Roe v. Wade

McDermott Will & Emery Employee Benefits

On June 24, 2022, the Supreme Court of the United States issued its decision in Dobbs v. Jackson Women’s Health Organization (Dobbs), overturning Roe v. Wade (Roe) and upending 50 years of precedent protecting a woman’s right to privacy in choosing to abort a pregnancy prior to the point of viability. The effect of this […]. The post The Overturning of Roe v.

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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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Best Ways to Improve your Hiring Process

HR Lineup

It’s a no-brainer that employers are competing for the best talent in the market. This is so that they could build a solid workforce dedicated to improving their business bottom line. However, with many hiring procedures involved, most hiring professionals are still sourcing the wrong candidates, making them spend more money and time. Fortunately, we guide you through the best ways to improve your hiring process.

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NY Court: Not Every Omission of Prior Injury Constitutes Misrepresentation under § 114-a

The Workcomp Writer

A New York appellate court affirmed a determination by the state’s Workers’ Compensation Board that had rescinded that part of a WCLJ’s decision finding that the claimant violated N.Y. Workers’ Comp. Law § 114-a, by failing to disclose prior injuries [ Matter of Spinelli v. Cricket Val. Energy Ctr. , 2022 N.Y. App. Div. LEXIS 4008 (3d Dept. June 23, 2022)].

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Maternity Leave Policies in Hong Kong & Macau

Global People Strategist

Since the early 1990s, Hong Kong and Macau governments have been slowly but surely updating their maternity leave policies. In 1993, the Hong Kong government increased paid maternity leave from six to eight weeks. In 2003, they increased it to ten weeks. In 2004, the Macau government followed suit and increased their paid maternity leave to ten weeks.

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Staying Covered on The Water: The Importance of Boating Safety

AssuredPartners

Friday, July 1 st marks National Boating Day, just in time for the height of the summer season. There seems to be no better way to celebrate the kids being on summer break and the vibrant warmth than enjoying a day out on the water with friends and family. Whether it be a humble sailboat or grand yacht, boats of all kinds serve as a serene escape from the stressful realities of school and work.

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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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Deloitte Survey Highlights Impact of LGBTQ Inclusion in the Workplace

HR Digest

LGBTQ inclusion in the workplace is at its highest during Pride month. June is when most offices are decked up in the colors of the rainbow and LGTBQ employee well-being becomes top priority. In a Deloitte study, most of the respondents admitted that organizations are prioritizing LGBTQ inclusion in the workplace and that it is having a positive impact.

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Are HR Departments A Requirement For Small Businesses?

Genesis HR Solutions

Are HR departments required? Technically, the answer is no —they’re not required for a small business. But for a successful small business, an HR function is required. In this article, we explain why you need an HR function for your business, no matter the size, but also what it means to have an HR function. It might not look the way you think! Keep reading to learn more.

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Happy Life vs. Meaningful Life: Can You Have Both?

BetterUp

Jump to section. What does it mean to live a meaningful life? What does it mean to live a happy life? What are the differences between a meaningful life and a happy one? 6 similarities between a meaningful life and a happy one. 4 characteristics of a meaningful life with no happiness. 4 characteristics of a happy life with no meaning. How to have both.

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The Tax Implications of Closing A Business

Kollath CPA

The decision to close a business’s doors for good is never an easy one. However, it’s important to keep abreast of compliance requirements before you say goodbye. That’s why you should take time to visit the closing a business page of IRS.gov. It’s designed to help you navigate the process of shutting down. It includes guidance on: What forms to file.

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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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Wage Compression: How to Maintain Pay Equity in Your Workplace

BetterUp

Jump to section. What is wage compression? Calculating salary compression. Common causes of wage compression. The impact of wage compression. 4 tips to address wage compression. How to prevent wage compression.

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How to Reduce & Prevent Employee Burnout

eni

Discover Mindfulness HR & Executive Leadership Strategies from our partner, Self By Design. The post How to Reduce & Prevent Employee Burnout appeared first on eni.

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Independence Day Holiday Hours

Employer Connection

In observance of Independence Day, Trustmark’s offices will be closed on Friday, July 1-4, 2022. Regular business hours will resume on Tuesday, July 5, 2022. Have a safe holiday!

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Top 9 HR challenges in 2022 and how to solve them

Achievers

Changes to the workplace aren’t slowing down, and one of the biggest is the Great Resignation. Employees across industries are saying goodbye and trying their luck elsewhere. While there are many factors behind this trend, there’s no doubt that it’s making the job of HR professionals particularly difficult. Overcoming persistent challenges like engaging, recruiting, and retaining employees has become more important than ever.

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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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SCOTUS Overturns Roe v. Wade: Implications for Employers

Griffin Benefits

As has been widely reported, the Supreme Court has overturned the 1973 decision Roe v. Wade. In Dobbs v. Jackson Women’s Health Organization , the Supreme Court concluded there is no directly embedded Constitutional right to an abortion. Instead, the Court ruled that individual states can now regulate abortion. So what will this mean for medical plan sponsors?