How — and why — employers should make healthcare benefits interesting
Employee Benefit News
AUGUST 30, 2023
Employers should be investing just as much into education as they are into creating robust benefit offerings.
August, 2023
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Report: Group Health Plan Cost Inflation to Pick Up Steam
InterWest Insurance Services
AUGUST 31, 2023
A new report by Aon warns employers to expect average group health insurance costs to increase 8.5% in 2024, as inflation starts hitting the cost of delivering care as well as pharmaceuticals. The report predicts that employers will pay an average of $15,088 in 2024, compared to the average this year of $13,906. The cost hike is almost double the 4.5% increases employers saw in 2022 and 2023.
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USCIS Releases Revised Form I-9 to Be Used by November 1
PayrollOrg
AUGUST 1, 2023
On August 1, U.S. Citizenship and Immigration Services (USCIS) published the revised Form I-9, Employment Eligibility Verification, with an edition date of 8-1-23.
How Does Dental Insurance Work and Is It Worth It?
Fringe Benefit Analysts
AUGUST 15, 2023
You probably know the feeling well. Another six months rolls around and then one day you glance down at your upcoming week’s schedule and there it is, your bi-yearly dentist checkup. But don’t panic. You know the dentist really isn’t as bad as it seems and there are actually some very important reasons to have a dental checkup and cleaning every six months.
HR in 2025: Insights & Predictions
Advertiser: Paycor
What type of worker is most engaged—hybrid, remote, or onsite? What are the drivers of effective leadership? What does the C-suite think HR is most responsible for? And why is a wave of HR resignations more likely in the next 12 months? Get our annual survey report to find out: The #1 challenge of recruiting & hiring Why remote teams are struggling What are the drivers of effective (and ineffective) leadership And lots more!
How a second opinion healthcare program is saving employers $36k per employee
Employee Benefit News
AUGUST 31, 2023
A virtual appointment with a medical specialist at the Cleveland Clinic helps patients get the right kind of care.
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Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
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What will the Flexible Working Act mean for working carers?
Employee Benefits
AUGUST 30, 2023
From 2024, employees will be able to request flexible working hours and patterns twice in a 12-month period and will not have to explain any potential effect on their employer. Organisations will have to consider all requests and provide a reason before rejection within two months. Being able to request flexible working should eliminate any stress, anxiety or worry for employees trying to balance work with caring responsibilities.
A surprising number of employees wouldn’t mind having an AI as their ‘boss’
Workplace Insight
AUGUST 29, 2023
According to a new poll from the Asana Work Innovation Lab , nearly two-thirds of executives of executives think that artificial intelligence will help their companies reach their objectives. The report also suggests that 36 percent of employees in the United States and United Kingdom already use AI at work at least weekly. And a perhaps surprising number of people wouldn’t mind having their work graded by artificial intelligence or even having a robot as their ‘boss’ The repor
Matching Contributions for Qualified Student Loan Payments Under SECURE Act 2.0
International Foundation of Employee Benefit Plans
AUGUST 31, 2023
With the federal student loan debt relief plan ruled unconstitutional by the Supreme Court, more employers are expected to consider offering student loan repayment benefits (covered in Part 1) or retirement plan matching under the SECURE Act 2.0 of 2022. The optional […] The post Matching Contributions for Qualified Student Loan Payments Under SECURE Act 2.0 appeared first on Word on Benefits.
Should HR Teams Provide Health Insurance Calculators?
Flimp Communications
AUGUST 29, 2023
Nearly half (49%) of workers don’t understand their benefits. The most powerful health insurance calculators (think of them as the enterprise-class) are decision-support tools, the best of which can help employees predict their needs and spending, compare plans, and make satisfying decisions in minutes. The post Should HR Teams Provide Health Insurance Calculators?
The Employers Guide to Controlling Cancer
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About 40% of us will be diagnosed with cancer in our lifetime, and patients are getting younger. At the same time, the cost of treatment continues to rise, with employers spending 8.5% more on cancer care for each employee than they did last year. The best thing employers can do for their employees and business tomorrow is to invest in cancer detection and care today.
Is relocation reimbursement taxable? How to assess tax liability for employee relocation
Business Management Daily
AUGUST 31, 2023
There often comes a time when you need employees to move for your business. Perhaps you are opening a new location and want a few of your top team members to lead the charge. Or you may have the perfect promotional opportunity for an employee arise, but it’s at a different branch. When this happens, it’s common to offer relocation reimbursements.
Professionalism in the Workplace: Building a Positive Environment
HR Digest
AUGUST 29, 2023
In today’s competitive and fast-paced work environment, professionalism plays a crucial role in creating a positive and supportive atmosphere. When employees exhibit professionalism, it not only enhances individual growth but also contributes to the overall success of the organization. In this article, we will explore the importance of professionalism in the workplace and discuss strategies to foster a healthy work culture.
Helen Burgess: Back to school and the impact on employees
Employee Benefits
AUGUST 30, 2023
It’s nearly that time of year again where parents and their children start planning for the return to or start of school. The school day and the typical 9am to 5pm working schedule are not aligned and parent employees may request to change their start and finish times permanently, or ask to work from home on certain days to allow them to perform their work around school hours, if that is possible in their role.
Memories of the Office Age
Workplace Insight
AUGUST 30, 2023
No author uses the built environment like J G Ballard. In his 1975 novel High-Rise, the eponymous structure is both a way of isolating the group of people who live and compete inside it and a metaphor for their personal isolation and inner struggles. Over the course of three months, the building’s services begin to fail. The 2,000 people within, detached from external realities in the 40-storey building, confronted with their true selves and those of their neighbours, descend into selfishness an
Game Plan Total Rewards Consulting: We Solve [period].
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Game Plan Total Rewards provides strategic consulting and project management services for Total Rewards, HR Operations, and Mental Health programs. From 50 to 50,000+ employees, all industries, we are experienced in working with all sizes and types of organizations and can support globally given our experience in over 30 countries.
What are voluntary benefits?
WEX Inc.
AUGUST 23, 2023
Voluntary benefits give employees the opportunity to further customize their benefits package to meet their personal needs. And they serve as an excellent cost-effective recruitment and retention tool for employers as they look for ways to improve their benefits offerings. In fact, 76% of employees in a recent survey said voluntary benefits would entice them to stay at their current company.
Clocking Off Early: Average Workday Shrinks By 37 Minutes
Wellable
AUGUST 22, 2023
A compelling trend has emerged: an average reduction of 37 minutes in the workday. How does the shrinking workday impact productivity and employee well-being? The post Clocking Off Early: Average Workday Shrinks By 37 Minutes appeared first on Wellable.
Sixth Circuit Highlights Importance of the Plan Document
Proskauer's Employee Benefits & Executive Compensa
AUGUST 16, 2023
A recent decision by the U.S. Court of Appeals for the Sixth Circuit ( Patterson v. United HealthCare Ins. Co. , No. 22-3167, 2023 WL 4882436 (6th Cir. Aug. 1, 2023 ) ) illustrates the importance of clearly describing key plan terms in the plan document and summary plan description. Incomplete documentation or disclosure can nullify rights of the plan and its sponsor.
How to Write Up an Employee Properly and Professionally
HR Digest
AUGUST 25, 2023
So, you’ve got to write up an employee. Sigh It’s never fun, but sometimes it’s necessary. But don’t worry, we’re here to help. In this ‘How to Write Up an Employee Guide,’ we’ll walk you through the process of writing a professional employee write-up, from start to finish. We’ll also provide you with ‘How To Write Up An Employee | Email Templates’ so you can see what it should look like.
New Report from 3,500+ Employers Confirms Retention is a Top HR Priority in 2024
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The first report from Gallagher’s 2024 US Workforce Trends Report Series, includes data from 3,500+ employers who participated in the 2024 US Benefits Strategy & Benchmarking Survey. The report provides benchmarks for benefits, HR and people strategies to help organizations thrive. Organizations continue to rank retention as the top priority for HR, and second highest for operations.
Network Rail withdraws annual bonuses for striking employees
Employee Benefits
AUGUST 30, 2023
Network Rail has withdrawn annual bonuses for staff who went on strike in a long-running dispute about pay, jobs and working conditions. Those who participated in strike action from June 2022 onwards will not receive a performance-related payment this year. This decision is likely to affect up to 20,000 members of the RMT union, whose members took industrial action earlier this year.
What the office of the future will really look like is the office of today
Workplace Insight
AUGUST 13, 2023
It’s a banality to point out that futurism is nowism plus either a robot butler or blasted landscape. So, I was taken with a press release we had last week from Studio Alliance which shows an AI’s depiction of the office of the future at various points over the next quarter of a century. What is most striking to me, if you set aside the Jetson-y outside views, is how much like the office of the present each is.
Support your employees’ fertility benefit needs with an HSA or FSA
WEX Inc.
AUGUST 29, 2023
Roughly 1 in 6 adults worldwide are affected by infertility. Reasons can vary, which is why wide-ranging fertility benefits can also improve the lives of any adult wanting to start a family. And did you know that a variety of fertility and infertility treatments are eligible for health savings account (HSA) and medical flexible spending account (FSA) funds?
Hybrid, In-Person, Or Fully Remote? Case Studies On The Optimal Work Arrangement
Wellable
AUGUST 21, 2023
Research reveals the stark truths of remote work's productivity shortcomings, paving the way for a more balanced solution: the rise of hybrid work models. The post Hybrid, In-Person, Or Fully Remote? Case Studies On The Optimal Work Arrangement appeared first on Wellable.
Create a Culture of Belonging
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Ready to boost employee happiness, improve inclusion, and make a positive impact on morale? From fostering cooperation and collaboration to promoting inclusivity and community impact, our checklist covers it all! Create the kind of workplace where employees feel valued, motivated, and invested in your success.
LinkedIn Networking Message Templates to Connect with Anyone
BetterUp
AUGUST 9, 2023
Jump to section The importance of a LinkedIn opener 8 LinkedIn message templates to connect with your network What can you do with Linkedin connect messages? What else can you do on LinkedIn?
People Management Skills: The Key to Effective Leadership
HR Digest
AUGUST 26, 2023
In today’s rapidly changing business landscape, effective people management skills are crucial for leaders and managers. People management encompasses a range of responsibilities, from recruiting and onboarding to training and development, performance management, employee engagement, and more. By mastering these skills, leaders can retain top talent, boost productivity and engagement , and drive overall business success.
Ian Hodson: How do you encourage employees to use green commuting options?
Employee Benefits
AUGUST 28, 2023
More than ever, being able to demonstrate your values as an organisation is imperative not only to active employees but also to recruitment candidates looking for a match not only in respect of the role, but also the organisational culture. Encouraging employees to take greener travel options can be an important part of an organisation’s sustainability and environmental efforts and it is well worth taking the time to revisit the education programme and benefits that can embed and endorse t
Connection and collaboration motivate people to work from an office
Workplace Insight
AUGUST 9, 2023
The key driver for employees wanting to go into the office is the need for socialisation and collaboration, according to the latest quarterly Workplace Index from Eptura. The report claims that this is an acknowledgement of the desire to be part of a community and the potential isolation of working at home. The report is based on proprietary data including an analysis of 2.7 million desks, 37,000 buildings, and 440,000 floors across more than 8,000 companies as well as a survey of 6,700 employee
Using an HSA to Save for Health Care in Retirement
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Saving for retirement is no easy task, and as an employer we know you want to help your employees get what they need out of their retirement benefits. With a health savings account (HSA), you can relieve the burden of health care costs for both you and your employees. With our new report, “Using an HSA to Save for Health Care in Retirement,” you can get insights on the costs of a modern retirement and dive into the details of the triple-tax benefits HSAs offer.
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