Florida Workers' Comp
APRIL 14, 2024
Sometimes we struggle with challenges we don’t perhaps fully understand. At times, forces conspire against us, consciously or not. Life is a journey filled with uncertainty, misconceptions, and mysteries. But frequently, the problem is all too clear, an 800-pound gorilla in the room. The world of work faces a systemic dilemma in the midst of the third decade of the 21st century.
CorpStrat
APRIL 25, 2024
Are you wondering if your Employee Benefits plan is truly hitting the mark? It’s time to reconsider how you approach delivering employee benefits. Year after year, many businesses let their employee benefits package remain unchanged. This means they’re offering tired, unattractive benefits that don’t compete well in today’s job market.
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Employee Benefits
APRIL 25, 2024
Monday, 22nd April, was Earth Day, and this year’s theme is Planet v. Plastics. The organisation is demanding a 60% reduction in the production of all plastics by 2040. Sustainability is at the heart of all we do at Pluxee UK, and we’re constantly striving to innovate our products to provide eco-friendly employee benefits. We’ve moved from reloadable gift cards and paper vouchers to digital alternatives, and we’re thrilled to offer a Virtual First version of our Pluxee Card – a prepaid cas
Pacific Prime
APRIL 25, 2024
A new research from Moms First and BCG finds that U.S. employers who invest in childcare benefits experience positive returns on investment, ranging from 90% to 425% ROI. For companies, this is the easiest talent investment decision you can make. This is a huge deal since the rising childcare costs and the lack of childcare. The post Study Finds Child Care Benefits for Employees Effectively Pay for Themselves appeared first on Pacific Prime's Blog.
Speaker: Kaitlin Ruby Carroll
Fertility benefits have become a crucial component of employee well-being and retention strategies. In today’s competitive landscape, creating a fertility benefits program that aligns with both employee needs and organizational goals can be more complex than it seems. From cycle-based to flat-dollar and telehealth models, each solution offers unique advantages and challenges that directly affect employee satisfaction and financial well-being.
Workplace Insight
APRIL 5, 2024
From today (April 6th 2024), UK employees will have the legal right to request flexible working from their first day in a new job. Under the updated regulations, employers must engage in discussions with employees and consider alternative solutions before declining a flexible working request. Decisions on applications must now be made within two months, reducing the previous timeframe of three months, which includes any appeals.
Money Talk
APRIL 4, 2024
Every quarter, I like to review and summarize my notes from webinars I attended during the last three months. Below are some interesting tidbits from recent programs that I attended: Future Self Thinking - Many people often think of their “future self” (who they will be decades in the future) as a stranger. As a result, they don’t think about the consequences of doing something now because their actions are affecting another person rather than themselves personally.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
HR Bartender
APRIL 23, 2024
(Editor’s Note: Today’s article is brought to you by our friends at UKG , a leading provider of HR, payroll, workforce management, and culture cloud solutions. Newsweek named UKG for the second consecutive year to their Greatest Workplaces for Women. Congrats to them and enjoy the article!) I belong to a couple of online human resources groups. I’m sure you do too.
Employee Benefits
APRIL 17, 2024
Credit: Andrey_Popov/Shutterstock Need to know: The cost-of-living crisis is forcing more employees to take on additional work due to financial pressures, raising concerns around burnout. Pay strategies such as targeted pay increases, performance-related bonuses and earned wage access can help. Employers need to ensure there is a culture where people can discuss financial concerns.
HR Digest
APRIL 28, 2024
The Age Discrimination in Employment Act (ADEA), established in 1967, serves as a crucial safeguard against workplace inequality, explicitly prohibiting age discrimination against individuals who are 40 years of age or older. It encompasses a wide scope, covering employers, employment agencies, and labor organizations under its protections, except where specific exemptions apply.
Workplace Insight
APRIL 2, 2024
Virtual meetings – often derided as impersonal and prone to technical glitches – can improve employee wellbeing and performance, a new study led by a Trinity Business School researcher has found. The research, conducted alongside Karin S. Moser (UniDistance Suisse, University of Queensland), Stefan Diestel (University of Wuppertal) and Isaac Alshaikh (South East Technological University Waterford), conducted during the ongoing shift to hybrid work environments and just published in the Journal o
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Money Talk
APRIL 30, 2024
As the author of a book about transitions in later life, I recently served as a presenter for one session of a five-week online course called Retire on Fire: How You Can Thrive in Retirement. It was a pro bono presentation but one of the perks for doing so was free registration for the course and an opportunity to learn from the four other instructors.
McDermott Will & Emery Employee Benefits
APRIL 25, 2024
On February 6, 2024, the US Centers for Medicare & Medicaid Services (CMS) issued a letter to all Medicare Advantage (MA) organizations and Medicare-Medicaid plans. The letter covered frequently asked questions and answers related to the coverage criteria and utilization management requirements in the CMS Final Rule issued on April 5, 2023. Among the FAQs […] The post CMS Issues Guidance on Usage of AI in Making Coverage Determinations appeared first on EMPLOYEE BENEFITS BLOG.
Employee Benefit News
APRIL 23, 2024
Dr. Chris Pagnani, medical director of Rittenhouse Psychiatric Associates, breaks down the benefits of reduced environmental stimulation therapy.
Employee Benefits
APRIL 23, 2024
Credit: ricochet64 / Shutterstock.com Tyre manufacturing organisation Michelin is to guarantee a living wage for its more than 100,000 global employees, as well as enhancing parental and healthcare benefits. As part of its deployment of a living wage worldwide, to guarantee employees a salary equivalent to at least the living wage, Michelin received the global living wage employer certification from the Fair Wage Network.
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HR Digest
APRIL 15, 2024
Employee retention is crucial for the success of any organization and the tools you use to enhance employee engagement are just as important. Engaged employees are more productive, loyal, and motivated, leading to improved business outcomes. In today’s competitive job market, businesses need to invest in the best employee engagement tools to attract, engage, and retain top talent.
Workplace Insight
APRIL 19, 2024
London, the crouching monster, like every other monster has to breathe, and breathe it does in its own obscure, malignant way. Its vital oxygen is composed of suburban working men and women of all kinds, who every morning are sucked up through an infinitely complicated respiratory apparatus of trains and termini into the mighty congested lungs, held there for a number of hours, and then, in the evening, exhaled violently through the same channels.
Money Talk
APRIL 11, 2024
The 2023 income tax filing deadline is only days away (April 15, 2024 in most of the U.S.). It will be a busy weekend for many taxpayers and tax preparers who are filing tax returns or tax filing extensions. One of the few things that taxpayers can do to reduce their income taxes after a calendar year ends is to make a tax-deductible contribution to a traditional individual retirement account (IRA) or a SEP-IRA (for small business owners and/or their employees).
McDermott Will & Emery Employee Benefits
APRIL 18, 2024
A recently decided US Court of Appeals for the Ninth Circuit case, Ryan S. v. UnitedHealth Group, Inc., offers some useful insights on the enforcement by private litigants of the Mental Health Parity and Addiction Equity Act (MHPAEA). Like other similar cases, the case invites questions about the impact of potential changes under the proposed […] The post Lessons from Ryan S. v.
Speaker: Radhika Samant and Todd Wuestenberg
Employee recognition has often been deemed a "feel-good" initiative, tied closely to rewards. While we understand its importance, we tend to associate recognition with intangible outcomes like engagement and sentiment, rather than direct impacts on retention and high performance. In today’s workplace, the true ROI of recognition lies in its ability to regenerate tangible, business-driven results.
Best Money Moves
APRIL 2, 2024
Financial Literacy Month: Fundamentals of Financial Literacy. A quality benefits strategy should include financial literacy tools to better support employees. April is Financial Literacy Month, which recognizes the role that financial education plays in a person’s long-term success and stability. Without the right education, your employees are much more susceptible to financial hardship.
Employee Benefits
APRIL 22, 2024
Two-fifths (40%) of women believe their professional career development has been negatively impacted due to a lack of women’s health support in the workplace, according to new research. Healthcare provider Benenden Health surveyed 5,000 female employees and 1,000 business owners for its latest report. When asked how their health challenges had negatively impacted their careers, respondents cited missing important meetings, experiencing negative comments about their work, and being overlooked for
PeopleKeep
APRIL 24, 2024
Some employers must provide a health insurance plan with minimum essential coverage (MEC) to avoid penalties under the Affordable Care Act (ACA) and ensure employees have access to essential healthcare services. In some cases, these employers may consider a type of group plan called a MEC plan. However, simply providing a no-frills MEC plan instead of a more comprehensive health benefit may not be enough to meet the needs of your employees.
Workplace Insight
APRIL 4, 2024
The nascent years of new ways of working in the late 80s and early 90s coincided with a widely held but soon to be discarded belief that the Japanese had cracked management practices. So it was perhaps inevitable that the principles of a process called just in time manufacturing – most famously applied in the factories of Toyota – should migrate to new forms of office design and the rapidly developing practice of flexible working.
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Employee Benefit News
APRIL 17, 2024
Amid cash-outs, stranded plans and suboptimal investments, a SECURE 2.0 provision runs the risk of expanding asset waste in the proverbial 401(k) landfill.
McDermott Will & Emery Employee Benefits
APRIL 9, 2024
If you employ part-time workers and/or engage independent contractors, sit up and take note: 2024 brings significant changes to how you must manage your workforce. The US Department of Labor’s (DOL) revised Independent Contractor Rule introduces additional uncertainty as to how the agency and perhaps courts will decide independent contractor misclassification disputes.
HR Digest
APRIL 3, 2024
Having to leave an organization you enjoy working for is never a great feeling but being on the receiving end of McKinsey’s 9-month pay leave offer does help to soften the blow. Marking a tough time in the consulting industry, McKinsey’s staff exit offer details how employees can continue to look for alternate sources of employment while still being able to support themselves and use the company’s resources to transition in their careers.
Employee Benefits
APRIL 25, 2024
Just over one-third of pension savers (35%) feel confident to make decisions such as choosing how to access their pension when they reach retirement age, according to research by workplace pension scheme provider TPT Retirement Solutions. Its survey of more than 2,500 defined contribution (DC) scheme members also found that a similar proportion of respondents were unsure about how to best deploy their savings when they retire, with 39% not knowing what they will do with the majority of their pen
Speaker: Miriam Connaughton and Donald Knight
As organizations scale, keeping employees connected, engaged, and productive can seem like a monumental task. But what if AI could help you do all of this and more? AI has the power to help, but the key is implementing it in a way that enhances, rather than replaces, human connection. Join us for an exploration into how industry trailblazers are using AI to transform employee experience at scale while addressing both the potential and the pitfalls.
International Foundation of Employee Benefit Plans
APRIL 1, 2024
National Employee Benefits Day is April 2. For 2024 the focus is on how workplaces can create community to combat loneliness and foster belonging. Get resources in today's blog. The post National Employee Benefits Day Is April 2—How You Can Celebrate appeared first on Word on Benefits.
Workplace Insight
APRIL 24, 2024
While we often view personality as a fixed entity, a new study suggests the COVID-19 pandemic may have left a subtle but enduring mark on some aspects of our personalities. Published in Personality and Social Psychology Bulletin , the research suggests that while significant personality changes weren’t widespread, conscientiousness levels generally increased throughout the pandemic, while extraversion dipped slightly.
Employee Benefit News
APRIL 8, 2024
WTW's senior director of employee spending accounts explains why more employers are considering adding LSAs to their offerings.
McDermott Will & Emery Employee Benefits
APRIL 11, 2024
Taxes can have a significant impact on family offices, influencing decisions around structure, investing and overall planning strategies. McDermott’s Family Office Tax webinar series explores the latest trends and guidance on tax planning for family offices and identifies opportunities to optimize tax efficiency. Our first webinar covered the legal, tax and administrative considerations a family […] The post Family Office Tax Webinar Replay: Compensation Strategies appeared first on EMPLOY
Speaker: Joe Sharpe and James Carlson
Payroll optimization can be one of the most time-consuming and complex factors of small business management. Yet, organizations that crack the code on streamlining employee compensation often discover innovative avenues for growth. With the right strategies in place, outsourcing and streamlining payroll processes can result in substantial time and resource savings.
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