Thu.Aug 10, 2023

article thumbnail

Money After 70: Financial Opportunities and Challenges-Part 2

Money Talk

As noted in last week's post, I am creating a new Money After 70 course for older adults. Below are 10 more changes, opportunities, and challenges for septuagenarians (people aged 70 to 79): Lasts and ROLE Calculations - As people age, their time orientation changes. As I wrote in my book, Flipping a Switch , people start doing return on life expectancy (ROLE) calculations.

Taxes 130
article thumbnail

Made Tech appoints first chief people officer

Employee Benefits

Public sector technology delivery business Made Tech has appointed Wayne Searle to the newly-created position of chief people officer. This new position will support Made Tech’s culture and commitment to its people and will span learning and development, people operations, talent, and internal communications. Searle will also be involved in the expansion of Made Tech across the UK and internationally.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Save on back-to-school expenses with your HSA or FSA

WEX Inc.

Are you preparing to send your kids back to school soon? You might be surprised to learn that your health savings account (HSA) and medical flexible spending account (FSA) can help you save on purchases of a variety of back-to-school, expenses, including: Thermometers. You can use your HSA or FSA to purchase a thermometer, which takes on added importance today.

article thumbnail

PBMs Feeling the Heat on All Fronts

InterWest Insurance Services

While drugmakers have been assailed for years for increasing their prices and driving the cost of medications higher and higher, there is another player in the health care space that is receiving increased scrutiny: pharmacy benefit managers. PBMs are intermediaries, acting as go-betweens for insurance companies, self-insured employers, drug manufacturers and pharmacies.

article thumbnail

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.

article thumbnail

77% of SMEs say hybrid working has increased profitability

Employee Benefits

More than three-quarters (77%) of small- and medium-sized organisations (SMEs) believe adopting flexible-working practices has made their business more profitable, according to research by hybrid-working firm IWG. Its research also found that 74% of respondents said their workforces are happier and more satisfied with their work-life balance , while 63% agreed that employees are more productive as a result of their hybrid-working arrangement.

Salary 97

More Trending

article thumbnail

IRS Opines on the Tax Treatment of Employer-Funded, Insured, Fixed-Indemnity Wellness Policies

McDermott Will & Emery Employee Benefits

In light of recent Internal Revenue Service (IRS) guidance, employers should carefully examine any supplemental health plan, program or arrangement (which may or may not claim to leverage fixed indemnity insurance) that promises substantial payroll tax savings. In a legal advice memorandum, the IRS’s Office of Chief Counsel addressed and rejected the claimed tax treatment […] The post IRS Opines on the Tax Treatment of Employer-Funded, Insured, Fixed-Indemnity Wellness Policies appea

Taxes 79
article thumbnail

Lessons in the Law

Florida Workers' Comp

The world of Florida workers' compensation seemed a bit unsteady this week. An opinion was published Wednesday, August 9, 2023, in North Collier Fire Control and Rescue District v. John Harlem , Case No. 1D21-17. This appeal was filed January 4, 2021 (947 days ago). It is a dispute about the causation of, the compensability of, an aneurysm. Such cardiovascular claims are particularly difficult to prove in Florida.

article thumbnail

Gen Z and millennials take the lead when saving into their 401(k)s

Employee Benefit News

Bank of America's recent data found that retirement account balances have increased almost 10% from the end of 2022.

401(k) 97
article thumbnail

3 Unique Career-Boosting Tips for New HR Managers to Get Ahead

Flimp Communications

How can you make an impact in your first year as HR manager, earning admiration from both the C-suite and the rank and file? Here are three unique pointers to help you get ahead: The post 3 Unique Career-Boosting Tips for New HR Managers to Get Ahead appeared first on Flimp.

article thumbnail

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.

article thumbnail

Zoom ends no-meeting Wednesday policy, calling it 'barrier to collaboration'

Employee Benefit News

Chief Executive Officer Eric Yuan disclosed the shift last week in a memo to employees, which also included a new policy on office attendance.

IT 84
article thumbnail

New Proposed Rules Take Great Strides to Further Mental Health Parity

AssuredPartners

On July 25, 2023, the Departments of Labor, Treasury, and Health and Human Services (collectively, “the Departments”) released guidance in an effort to clarify existing guidelines under the Mental Health Parity and Addiction Equity Act (MHPAEA) and to help group health plans and insurers with compliance. The ultimate goal of the proposed rules is to ensure that individuals are able to utilize their health plans to access mental health or substance use disorder (MH/SUD) benefits in th

article thumbnail

60% of employees in a toxic work environment are looking for other jobs

Employee Benefit News

Employers and employees aren't always in sync around what would improve well-being in the workplace.

article thumbnail

Best Diwali Gifts for Office Staff in 2023

Empuls

Diwali, the festival of lights, is a time of celebration, gratitude, and togetherness. It’s also an opportunity to show appreciation for your office staff’s hard work and dedication throughout the year with curated options. Looking for thoughtful Diwali gift ideas for valued office staff? From budget-friendly to more elaborate choices, these Diwali gifts are designed to make your office staff feel cherished and recognized during the Diwali occasion.

article thumbnail

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.

article thumbnail

Want part-time workers to stick around? Try these benefits and perks

Employee Benefit News

Nationwide layoffs, hiring freezes and high turnover rates are just a few of the reasons part-time work has seen an uptick.

article thumbnail

11 Benefits to Consider Including in Your Employee Total Compensation Statements

COMPackage

Research has proven that employees are more satisfied with their employer relationship if they receive an annual total compensation statement. And every employer wants to stand out with their employee benefits. Unfortunately, your brand can’t stand out if your benefits are only the ones every employer offers. Nearly all US companies guarantee access to 401(k) and health insurance.

401(k) 52
article thumbnail

AI's impact on the science of work

Employee Benefit News

Employers can harness the business benefits of advanced technology by understanding its impact on organizational psychology.

article thumbnail

Gear up for Cycle September

Enjoy Benefits

The Cycle to Work Scheme is one of the most popular employee benefits in the UK. Over one and a half million people make use of the scheme, which was introduced by the government in 1999. Employers can save nearly half of the cost of a bicycle and equipment, while employers benefit from National Insurance savings too. With so many things going for it, the scheme is certainly one for employers to shout about to their staff.

article thumbnail

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.

article thumbnail

Employee wellness matters: Exploring the benefits of health insurance

Higginbotham

If you own or manage a business, you know how important it is to make the well-being of the company’s employees a top priority. An employee wellness program is a driver of success and sustainability for any organization in any industry, and the core of an effective strategy for employee wellness is comprehensive health insurance coverage. In this article, we will review the reasons why employee wellness matters, and we will explore some of the personal and financial benefits that group health in

article thumbnail

Higher Wages versus Flexibility and Perks

Enjoy Benefits

One of the most obvious impacts of the COVID-19 pandemic has been the increase in flexible working. Businesses were forced to quickly adopt new behaviours like remote working and virtual meetings which have stuck and many workers, who were previously office or site based, now expect the ability to work in other locations. According to a 2022 UK parliamentary research briefing , before lockdown around 12% of the UK workforce had worked at least one day from home in the previous week and around 5

Food 52
article thumbnail

28 Best Diwali Gifts for Boss In 2023

Empuls

Diwali gifts for boss are more than just a present; it's a symbol of appreciation, respect, and a gesture that can brighten professional bonds during the Festival of Lights. Diwali is a festival of lights and joyous occasions with deep-rooted traditions honoring the cultural heritage and spreading warmth and happiness. As the Diwali season approaches, we want to give or express gratitude to our mentors and leaders as it is considered as an essential part of the festival.

article thumbnail

100 Inspirational Quotes To Motivate Employees At Work 

Wellable

Ramp up employee engagement, motivation and productivity with this list of 100 inspirational quotes. The post 100 Inspirational Quotes To Motivate Employees At Work appeared first on Wellable.

article thumbnail

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.

article thumbnail

Why investing in employee wellbeing is good for business

Employee Benefits

Do you take the wellbeing of your employees seriously or is it just a tick box exercise so you can include it in your annual report and say “job done”? If it’s the latter, then it might be time for a re-think because new research suggests that companies that take employee wellbeing seriously could enjoy a real competitive advantage and perform better than those that don’t.

article thumbnail

Inside Look: What it Takes to Be a Successful Commercial Title Examiner

Professionals Alternative

[link] Unveiling the Secrets to Becoming a Highly Successful Commercial Title Examiner through Expert Title Research Introduction to Title Research and Its Importance in the Commercial Real Estate Industry Title research plays a crucial role in the commercial real estate industry. It involves in-depth title searches, which are essential for ensuring the legality and marketability of a property.

IT 52
article thumbnail

Zoom opens new London ‘Engagement Hub’

Workplace Insight

Zoom has opened a new London ‘Engagement Hub’ which the firm claims will spearhead the shift from traditional office spaces to ‘experiential working hubs’ With the demand for hybrid working and remote capabilities giving rise to unconventional ways of operating, Zoom says it has designed its new office to support the changing nature of the employee experience, marking a new era of modern work.

article thumbnail

Amazon extends reproductive care benefits to employees in 50 countries worldwide

Employee Benefits

Online retail giant Amazon has extended a virtual reproductive support programme to its employees in over 50 countries around the world. The programme, run by Maven Clinic, gives all Amazon employees and their partners virtual support for in-vitro fertilisation (IVF), adoption, egg freezing, and other family-building benefits. Employees have virtual access to obstetrician gynecologists, reproductive endocrinologists (fertility doctors), coaches, and other care providers to support fertility and

Retail 52
article thumbnail

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.