June, 2023

article thumbnail

3 Considerations When Electing Commuter Benefits

Benefit Resource Inc.

Part Two: What employees should consider when electing commuter benefits. Commuter benefits provide employees with a number of advantages. When electing commuter benefits, it is important to consider your tax savings, eligible expenses and flexibility. #1 Tax Savings If your company provides a commuter benefit plan, you have the opportunity to save on your daily commute.

Taxes 97
article thumbnail

Confessions of a benefits manager: Candid can’t take leave of holiday policies

Employee Benefits

Just when I am considering taking some well-earned annual leave, I get landed with yet another joint venture to deal with. Local HR seems to be getting all stressed about the new location’s benefit plans and I must do a benefits inventory and comparison to existing plans. Really, it seems quite straightforward. It has a normal pension plan and a few related insured benefits.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Travel assistance, telehealth, urgent care: A benefits checklist for summer vacation safety

Employee Benefit News

Tapping the right resources will save travelers precious time and money that can instead be devoted to fun in the sun.

article thumbnail

Florida Requires Certain Private Employers to Use E-Verify Beginning July 1

PayrollOrg

Effective July 1, 2023, private employers in Florida with 25 or more employees must use the E-Verify system to verify a new employee’s employment eligibility within three business days after the first day that the new employee begins working for pay.

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

Almost half of working dads say using parental benefits hurts performance reviews

Employee Benefit News

Fathers appreciate employee efforts to support caregiving, but think their careers will suffer if they use them.

More Trending

article thumbnail

The 9 best ways to improve employee productivity in 2023

Achievers

Every organization wants to get the most out of its employees. But viewing employee productivity as a simple equation of how many tasks are performed over X hours or days won’t get you very far. Real insight into productivity — and how to improve it at your company — requires assessing harder to measure aspects of each employee’s work, accounting for their specific role and responsibilities.

article thumbnail

Is Long Covid reshaping workplace support for long-term conditions?

Employee Benefits

By Tracey Ward, Head of Business Development & Marketing at Generali UK Employee Benefits Over 2 million people in the UK with self-reported Long Covid have now had symptoms for at least a year. It can present significant challenges in the workplace because, unlike with long-term conditions such as cancer and diabetes, the prevalence rates for Long Covid are greatest in the working age population (35-69 years).

article thumbnail

Fire up your team spirit with these 4th of July office party ideas!

HR Digest

You don’t need to gather in yards or on rooftops to celebrate the Fourth of July this year. Our list of 15 “Best 4 th of July Office Party Ideas” will make you forget you’re missing those grills full of meat and coolers full of beer in your neighbor’s backyard. With so many of you working remotely it may feel as though there’s no much to celebrate. It’s totally understandable that you might want to celebrate July 4 th at work by NOT celebrating at all.

IT 121
article thumbnail

District Court Denies Employer’s “Injury-In-Fact” Challenge to Withdrawal Liability

Proskauer's Employee Benefits & Executive Compensa

In Holland v. Murray , No. 21-cv-567, 2023 WL 2645708 (D.D.C. Mar. 27, 2023), the court held that financial support provided by Congress to a multiemployer pension plan under the Bipartisan American Miners Act (“BAMA”) did not divest the plan of Article III standing to pursue the withdrawal liability it was owed. After the contributing employer filed for bankruptcy, the plan assessed its controlled group members, the defendants, with $6.5 billion in withdrawal liability.

Pension 111
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

Business finance: The ultimate guide for non-finance people

Business Management Daily

Are you eager to launch a startup or new business? Or were you recently promoted to a financial role in your organization? Either way, you’ll need to master the basics of business finance if you want to find success. Even employees not working directly in finance generally need a basic understanding of it to succeed. Nothing exists in a bubble, and business finance is no different.

Finance 105
article thumbnail

Coping With the Aftermath of a Disaster

Money Talk

Since we are in “high season” for natural disasters, it is a “teachable moment” to review some things to consider if you are the victim of nature’s wrath, an explosion, or any other damage to your property and are coping with financial losses and bills for temporary living expenses: Call Your Insurance Agent- Ask your property and casualty agent about “fine print” in your homeowners policy.

article thumbnail

Healthy Relationships: 13 Valuable Tips

BetterUp

Jump to section Healthy, unhealthy, and abusive relationships 7 key characteristics of healthy relationships 13 tips for building healthy relationships What to do when working on the relationship doesn’t help Nurture your relationships and your life will blossom

105
105
article thumbnail

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.

Medical 119
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

Redefining Success through Radical HR Innovation

HR Digest

Unlocking the secrets to success, Netflix has rewritten the script on how to build a thriving company. With an unwavering commitment to innovation and a trailblazing HR strategy, they have achieved remarkable feats. Boasting a remarkable employee retention rate of over 95% and earning the coveted #1 spot on Fortune’s “100 Best Companies to Work For” list in 2018 and 2019, Netflix has shattered industry norms.

article thumbnail

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

article thumbnail

How To Design An Effective Spot Bonus Program?

Vantage Circle

Granting employees rewards and recognition can be likened to a delicate sprinkling of ethereal fairy dust upon them. Eliciting a wondrous transformation that seamlessly elevates their motivation, engagement, and unwavering loyalty. Rewards serve as a profound expression of genuine appreciation and an enchanting celebration of their invaluable contributions.

Bonuses 105
article thumbnail

Keep Track of Your Beneficiaries

Money Talk

Who is going to get what you someday leave behind in life insurance policies and/or tax-deferred retirement accounts? Beneficiary designations are important estate-planning tools and should not be overlooked to make sure your hard-earned money gets passed down to those you select to receive it. Below are nine beneficiary “need to knows”: Beneficiary Types- Beneficiaries inherit assets when people die.

401(k) 231
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

What the Supreme Court's ruling on student loan forgiveness means for employees

Employee Benefit News

With loan forgiveness in limbo, employers will need to establish greater support to help employees get a handle on their debt.

article thumbnail

Exclusive: Papier launches financial wellbeing platform

Employee Benefits

Stationary brand Papier has introduced a financial wellbeing platform for its 99 employees. The platform, provided by Bippit, gives employees access to one-to-one financial coaching with a professionally qualified Financial Conduct Authority (FCA) coach matched to their needs, after they answer questions about their financial concerns. The service offers tools for Papier staff to navigate the cost-of-living crisis, including personalised learning resources and money management plans, monthly web

article thumbnail

HR and Friendship: Can It Be Possible at Workplace?

HR Digest

“When people are financially invested they want a return. When people are emotionally invested, they want to contribute” Simon Simek HR isn’t ‘your friend’ but is neither your foe. “Transparency and flexibility can allow HR to effectively wear the “dual hat” of communicator and company arm” , one expert told HR Dive. HRs are essentially human. HR personnel are certain to come across a few personal details that employees might not discuss with their co-workers otherwise through their role in the

IT 111
article thumbnail

Hybrid Work: The Future of Work that You Never Knew You Needed

Professionals Alternative

Hybrid Work: The Future of Work that You Never Knew You Needed The COVID-19 pandemic has forced the world to adapt to new ways of working, and hybrid work has emerged as a popular work arrangement in the new normal. Hybrid work combines the best of both worlds, allowing employees to work from home and the office as needed. This flexible work arrangement offers many benefits, including improved work-life balance, increased productivity, and greater flexibility.

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

Unlocking Insights: The Ultimate Survey Question Template Blog

Vantage Circle

In today’s data-driven world, organizations rely on surveys as powerful tools for collecting information and gaining insights. Whether it's collecting customer feedback, conducting market research, or assessing employee satisfaction, surveys play a crucial role in gathering information for informed decision-making. However, creating a well-designed survey can be a complex task that requires expertise.

article thumbnail

6 Guiding Principles of Diversity, Equity, and Inclusion and Why You Need to Focus on Them

15Five

Whether you’re a seasoned DEI professional or dipping your toes in for the first time, familiarizing yourself with the guiding principles of diversity, equity, and inclusion is worthwhile. These principles form a foundation from which actionable diversity, equity , and inclusion work can begin and provide a framework for DEI leaders to use when building DEI strategies and statements.

article thumbnail

How to increase employee engagement from the top down

Insperity

Want a surefire strategy to increase employee engagement and develop a more committed workforce? Here’s a hint: It starts at the top. Before you start looking for a new business solution or industry buzzword, reach out to your managers first. But are your managers engaged, or are they taking a quiet leadership approach that’s less about not micromanaging and more about feeling disengaged themselves.

article thumbnail

33% of employers to offer pay awards of 5% or more

Employee Benefits

One-third (33%) of employers will offer pay awards of 5% or more in 2023, according to research by ethical reward management consultancy Paydata. Its spring 2023 UK reward management survey, which surveyed HR and reward professionals across 208 organisations representing nearly half a million employees, also found that 37% will offer pay awards between 4%-5% in 2023.

article thumbnail

6 Steps to a Better Compensation Strategy

Compensation is one of your biggest expenses as a business, but it is also your biggest investment in your people and your culture. A great compensation strategy can be an incredible asset that supports your business goals and lays a foundation of trust between your company and your employees. Whether you already have a compensation strategy in place or you’re building one from scratch, this guide will help you level up your approach through these 6 steps: 1.