Fri.Feb 02, 2024

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States Request IRS Guidance on Taxability of Paid Family and Medical Leave Contributions, Benefits

PayrollOrg

The governors from nine states wrote a letter to the IRS Commissioner asking for guidance regarding the federal tax treatment of premiums and benefits under state paid family and medical leave programs.

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20% of employees want better reward, incentives or recognition

Employee Benefits

One-fifth (20%) of employees looking for a new job want better reward, incentives or recognition from their employer, according to research by gift cards, incentives and payments provider Blackhawk Network. Its survey of 1,000 UK employees also found that 23% of respondents wanted improved benefits options from their employers, 80% would feel more valued for their work when receiving rewards from their employer, and 67% wanted to receive recognition for positive contributions at least monthly or

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Under Long-Term, Part-Time Employee Rules, Some Things Change, and Some Things Stay the Same

McDermott Will & Emery Employee Benefits

Together, the SECURE Act and the SECURE 2.0 Act require employers to offer employees who work at least 500 hours within three (reduced to two beginning January 1, 2025) consecutive 12-month periods an opportunity to make elective deferrals to their 401(k) and, beginning in 2025, their 403(b) plans. In doing so, the new rule raises […] The post Under Long-Term, Part-Time Employee Rules, Some Things Change, and Some Things Stay the Same appeared first on EMPLOYEE BENEFITS BLOG.

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What it takes to keep talent in 2024

Employee Benefit News

By establishing trust and equity within their organization, companies stand a better chance at hanging on to valuable employees.

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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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The top 10 most-read articles between 26 January – 1 February 2024

Employee Benefits

The top 10 most-read articles on employeebenefits.co.uk between 26 January – 1 February 2024 were: Chipotle Mexican Grill introduces financial and mental wellbeing benefits 70% of employers have global minimum standard for benefits Podcast: Kindness in the workplace University of Leeds to increase pay for 1,300 employees Arqiva and Novo Nordisk named healthiest places to work in Britain DWP publishes updated occupational pension schemes regulations Employers increase ESG measures in execut

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Bathroom Deal looks for bathroom quality assurance tester

Employee Benefits

Something for the weekend: Bathroom supplier Bathroom Deal has begun its search for a bathroom quality assurance tester, who will be responsible for testing different baths for comfort and quality. If you feel drained at the end of a busy day and love to take a bath to de-stress , now you can get paid for it! The role, which is part of the supplier’s quality assurance team, is remote and requires the successful applicant to have their home bathtub changed by professionals a minimum of once per m

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A urologist explains why men can't afford to delay care

Employee Benefit News

Dr. David Shusterman, urologist and founder of NY Urology, explains why men need to change their relationship with healthcare — and how employers can help.

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Futures Housing Group implements paid fertility leave

Employee Benefits

Futures Housing Group has introduced paid leave for fertility treatments for its workforce as part of its aim to be a flexible and family-friendly employer of choice. All of its more than 450 employees are now entitled to paid time off for any medical appointments related to fertility treatments , and during any treatment cycle, as well as up to five days of compassionate leave for those who suffer an embryo transplant loss or miscarriage.

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Narcissistic leaders are bad for share value but do have their uses

Workplace Insight

Narcissistic leaders are bad for share value, unless they are seen to stimulate innovation and growth at companies suffering from corporate inertia, according to research which analysed how CEO narcissism affects stock recommendations from securities analysts. The study by Nottingham Business School (UK), Middle Tennessee State University (US), and the University of Leeds (UK) is the first to explore the relationship between CEOs who are linked to excessive risk taking and their value to a compa

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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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Bupa rolls out period wellbeing plan to UK staff

Employee Benefits

Healthcare provider Bupa has rolled out free access to its period plan for all of its UK-based permanent and fixed-term employees. This is a personalised care plan, which sits alongside the organisation’s other health and wellbeing benefits, and is available for staff over the age of 18. It includes 45 minutes with a GP to create personalised support for premenstrual syndrome, premenstrual dysphoric disorder, heavy, painful or irregular periods, a 15-minute follow-up appointment to check i

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10 Best Resource Management Software 2024

HR Lineup

Effective resource management is critical for the success of any organization. In the dynamic business landscape of 2024, where competition is fierce and resources are precious, companies need robust resource management software to optimize their workforce, projects, and assets. In this article, we’ll explore the top 10 resource management software solutions for 2024, its key features and how to choose the best for your business.

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Don’t Miss These Transformational Speakers at the 2024 Payroll Congress

APA Congress Today

PayrollOrg (PAYO) has announced the lineup of inspiring, educational keynote speakers for the 42nd Annual Payroll Congress, May 7-10. Payroll professionals can learn from these top-rated innovators when they share their transformational insights with attendees at the Gaylord Opryland Resort and Convention Center in Nashville, Tennessee.

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10 Best Strategic Planning Software Tools in 2024

HR Lineup

In today’s fast-paced and highly competitive business landscape, strategic planning has never been more critical. To stay ahead of the curve, organizations must carefully map out their goals, objectives, and tactics. To aid in this endeavor, strategic planning software tools have become indispensable. These tools offer a comprehensive suite of features to streamline the planning process, enhance collaboration, and enable data-driven decision-making.

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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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Finding the Perfect Fit: How Finance Recruiters Can Help Hiring Managers and Job Seekers

Professionals Alternative

[link] Finding the Perfect Fit: How Finance Recruiters Can Help Hiring Managers and Job Seekers The role of finance recruiters in the job market The job market can be a daunting place for both hiring managers and job-seeking candidates, especially in the highly competitive field of finance. This is where finance recruiters play a crucial role in bridging the gap between employers and potential employees.

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What is Leave Encashment? Calculation, Taxation, and Rules

HR Lineup

Leave encashment is a significant aspect of employment benefits, providing employees with the option to convert their unused leave days into monetary compensation. This practice is prevalent in many organizations worldwide, serving as a valuable component of employee welfare. In this comprehensive guide, we will delve into the intricacies of leave encashment, exploring the calculation methods, taxation implications, and the rules governing this employment benefit.

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Combating Workplace Negativity: Practical Strategies from Abel HR

Abel HR

A positive workplace is the cornerstone of a thriving business. While focusing on growth and compliance, it’s equally important to address and minimize workplace negativity. This blog offers practical tips to help your organization foster a more positive and productive work environment. 1. Open and Effective Communication Establishing open lines of communication is crucial in preventing misunderstandings and conflicts.

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What’s the Difference Between W-2 and 1099 Workers?

BerniePortal

In 2022, Attorney General Racine filed a lawsuit against Arise Virtual Solutions and Comcast Cable Communications Management for failing to pay legally due wages to customer service agents. With more than 22,000 workers affected, the U.S. Department of Labor calls this “the largest misclassification case in its history.

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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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NH Case Remanded: Was MRSA Infection “Direct and Natural Result” of Work-Related Injury?

The Workcomp Writer

In a well-written opinion with careful analysis, the Supreme Court of New Hampshire reversed and remanded a decision by the state’s Compensation Appeals Board (CAB) that denied benefits to a teacher who sustained a serious MRSA epidural abscess following a work-related camping trip [ Appeal of Southworth , 2024 N.H. LEXIS 9 (Jan. 30, 2024)], finding the CAB had improperly concentrated on whether the teacher had proved that his MRSA exposure occurred at work.

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Recognizing and responding to a person in crisis

Business Management Daily

We all know the importance of mental health and how prominent this issue has become in the workplace. We likewise know that managers are often the ones on the front lines of these conversations. We’ve published numerous articles on the importance of keeping communication open with employees, ways to reduce stress, and helping employees do their best work every day with peace of mind.

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National insurance saving could be used to boost workplace pension

Employee Benefits

National Insurance (NI) is reducing from 12% to 10% from January 2024. WEALTH at work, a leading financial wellbeing and retirement specialist has run financial education workshops for staff in hundreds of organisations and is encouraging people to consider using this saving in National Insurance if they can, to increase their monthly pension contributions.

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Blockbuster US jobs report turns slowdown narrative on its head

Employee Benefit News

Strong job figures mean a delay in interest rate reduction.

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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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CBT-I: What is it and How does it work?

BetterUp

Cognitive Behavioral Therapy for Insomnia (CBT-I) is the most effective treatment for insomnia. We'll tell you what it is and how it works.

IT 52
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France Fined Amazon €32 Million Over “Excessive Surveillance” in the Warehouses

HR Digest

Anything can turn excessive when taken too far and in the latest update to the warehouse woes of big corporations, we now learn that France fined Amazon’s French warehouse unit €32 million or $34.9 million for excessive surveillance of its employees. Amazon employee monitoring systems have often been criticized for being too over-the-top in its pursuit for efficiency and this case is no different.