TalentCulture - Employee Benefits
FEBRUARY 14, 2023
The pandemic changed how we live and work in so many ways — not the least of which was the daily commute. But now, after years of working remotely, many employees are returning to the office at least a few days each week. That’s why employer-sponsored commuter benefits are on the rise again. No matter what […] The post Can Commuter Benefits Help People Return to the Office?
Employee Benefits
FEBRUARY 15, 2023
The cost-of-living crisis has employees demanding pay rises in line with inflation, but many employers are unable to afford this long-term. Benefits that support financial wellbeing and education, including day-to-day budgeting and discounts, can help pay stretch further without raising pay. Employers should focus on practices that are sustainable and work for their business, while communicating and compromising with staff.
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PayrollOrg
FEBRUARY 17, 2023
Check out the APA's list of state unemployment insurance taxable wage bases, updated to reflect changes for 2023.
Achievers
FEBRUARY 15, 2023
Why do people join and stay at an organization? Ask a hundred employees, and you’ll probably get a hundred unique answers, but most will boil down to one thing: a compelling employee value proposition (EVP). Your EVP encompasses all the benefits and opportunities your company offers to attract new employees and keep current ones. It goes far beyond the size of an employee’s paycheck to include whether they feel valued, engaged, and welcomed on a daily basis.
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Performance reviews are a proactive way to engage with your employees, provide clear communication about expectations, and acknowledge them for their hard work. But getting the right framework and creating consistency across your organization can be tricky. We put together this checklist to help you evaluate your current performance review process and equip managers with the right tools to perform individual assessments.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Employee Benefits
FEBRUARY 15, 2023
Strategic outsourcing and energy services business Mitie has tight margins, but still sees the importance of protecting and supporting front-line staff during difficult periods, meaning it has to focus on benefits that are affordable for the business, but make a real difference to employees. Jasmine Hudson, chief people officer at Mitie, says: “Employees want more than just the basics; they want wellbeing, flexibility off the back of Covid-19, and then also social value and the environmental ang
McDermott Will & Emery Employee Benefits
FEBRUARY 14, 2023
The US Departments of Health and Human Services, Labor and Treasury (the Departments) recently issued a proposed rule to eliminate a moral exemption to the Affordable Care Act (ACA) contraceptive mandate and establish an “individual contraceptive arrangement” to permit individuals to obtain contraceptive services at no cost in instances in which their employer does not offer […] The post Proposed Universal Contraceptive Coverage in Response to Roe Reversal appeared first on EMPLOYEE BENEFI
TalentCulture - Employee Benefits
FEBRUARY 13, 2023
Work Norms Are Changing In 2019, about nine million U.S. civilians worked from home on a regular basis. Then the pandemic arrived. Nearly overnight, remote work became a necessity for a vast number of employees. In fact, by 2021 the U.S. remote workforce had tripled to nearly 28 million people. Now, as Covid fades, the […] The post Virtual Travel Benefits Are Taking Off.
Employee Benefit News
FEBRUARY 16, 2023
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Are you looking for ways to enhance your employee value proposition? Gallagher Better Works SM Insights has got you covered! Dive into the latest magazine issue and discover how flexibility, equity, recognition and strategically applied resources can improve your total rewards package. Download the PDF to learn more about: Building retirement benefits for a global and mobile workforce Promoting employee and organizational growth through succession planning Empowering women in leadership through
Money Talk
FEBRUARY 16, 2023
I recently watched the Netflix documentary film Get Smart With Money (1:33) to prepare for a discussion of the film with several dozen professional financial practitioners who are members of AFCPE. Below are my Barbservations about the film from the lens of a long-time financial educator: Content and Format Diversity and Demographics - The film featured four case study characters, each with a financial coach assisting them for an entire year.
Employee Benefits
FEBRUARY 13, 2023
Burnout symptoms include increased frustration and irritability, indifference towards work, being withdrawn and tearful, higher levels of absence, and less inclination to learn and develop. Having regular conversations about mental health with employees, understanding more about the reasons behind burnout, and highlighting what support is available, is key.
PayrollOrg
FEBRUARY 16, 2023
On March 16, join the APA as we host the Louisiana Department of Children and Family Services for a free webinar explaining child support withholding issues in Louisiana. The federal OCSE will also explain the e-IWO process.
Proskauer's Employee Benefits & Executive Compensa
FEBRUARY 17, 2023
The grab bag of retirement provisions in the SECURE 2.0 legislation that was enacted at the end of 2022 included an expansion of the ability for a section 401(k) or 403(b) plan, or a governmental section 457(b) plan, to provide matching contributions on participants’ student loan payments. Effective for plan years starting after December 31, 2023, the change can help employees who might otherwise forgo matching contributions to pay off student debt.
Advertiser: Paycor
HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.
AssuredPartners
FEBRUARY 15, 2023
When was the last time you sat down to review your insurance policy? Coverage isn’t typically something we care enough about to invest our time into. In fact, the average customer stays with the same insurance carrier for five years and seeks change after a triggering situation takes place. Lucky for us, we enjoy spending our time addressing insurance needs and work with a variety of carriers to ensure you receive the best option that suits your lifestyle.
Employee Benefits
FEBRUARY 15, 2023
Image credit: Valeriya Zankovych / Shutterstock.com Communications business Cisco, software organisation Salesforce, and accounting software provider Xero are among the employers listed as the UK’s Best Workplaces for Wellbeing in 2023. Other businesses included on the list were insurance firm Admiral, enterprise management software business Edison365, and call and live chat provider Moneypenny.
PayrollOrg
FEBRUARY 15, 2023
On March 16, join the APA as we host the Louisiana Department of Children and Family Services for a free webinar explaining child support withholding issues in Louisiana. The federal OCSE will also explain the e-IWO process.
WEX Inc.
FEBRUARY 15, 2023
Did you recently elect to participate in a medical flexible spending account (FSA) ? If you’re a first-time medical FSA participant, you may not be familiar with FSA definitions and rules. We’ve provided a list of the top things a first-time medical FSA participant should be aware of in order to take full advantage of their FSA. What is a medical flexible spending account (FSA)?
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As HR and Benefits leaders are in the midst of evaluating cancer care solutions and designing their requirements for vendors, it’s key to know what questions to ask to ensure the development of a truly comprehensive strategy: from prevention to diagnosis to treatment to survivorship. Getting to the right answers starts with asking the right questions: How can better access improve engagement?
Qandle
FEBRUARY 14, 2023
Software designed specifically for managing the many tasks involved in reaching a certain objective or completing a specific project is called “task management” software. Benefits of task management software In addition to letting you keep tabs on every area of your task management from a central hub, the best task management software also provides a number of other useful features.
Employee Benefits
FEBRUARY 17, 2023
South England-based tree preservation and maintenance firm Connick Tree Care has announced that it will become employee owned. The plan was first announced to the business’ 75 members of staff in October 2022, and the process commenced this month, with the transition to an employee ownership trust (EOT) due to take place over the next few months. It was designed to secure the business for employees now and the future, at no cost to them.
PayrollOrg
FEBRUARY 13, 2023
The APA met with the Department of Education about student loan garnishments and resuming garnishments after the COVID-19 pause.
PeopleKeep
FEBRUARY 15, 2023
Created in 1995 by Workman Publishing, Employee Appreciation Day falls on the first Friday of March, and is a time for employers to celebrate their employees for their hard work and dedication. Although it’s an unofficial holiday, it’s a great opportunity to show your employees you value them.
Advertiser: Barley
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.
Workplace Insight
FEBRUARY 14, 2023
A few of you may already know this story. It was some 15 months ago and three old friends met up for the first time in quite a while (well, we had been through lockdowns etc). Having caught up with each other’s news, the subject turned to industry journals, what the three friends felt the market was missing and the possibility of collaborating in the not too distant future.
Employee Benefits
FEBRUARY 15, 2023
Business communications organisation Tango Networks has been ordered to pay £71,441.36 to a former employee, following a case concerning unfair dismissal and alleged age discrimination. The case, Mr M Jones v Tango Networks UK Ltd and P Hesketh, concerned a claimant originally employed as a channel account director in 2019. This was a commission -based role, and when he apparently failed to reach the targets to earn commission, Jones allegedly received harsh criticism from a line manager about
Proskauer's Employee Benefits & Executive Compensa
FEBRUARY 13, 2023
As previously discussed , the Pension Benefit Guaranty Corporation (the “PBGC”) issued final regulations in July 2022 for plans that receive special financial assistance (“SFA”) under the American Rescue Plan Act of 2021 (“ARPA”). Among other things, the regulations imposed special withdrawal liability rules on plans that receive SFA – including a phase-in period for the treatment of SFA as a plan asset and an obligation to use mass withdrawal assumptions during a certain period after receiving
Vantage Circle
FEBRUARY 11, 2023
If you want to make your organization succeed and maintain a high-performance culture, employee morale is a key factor to consider. High morale among employees can result in increased productivity , engagement, sustainability, and profitability. In contrast, low employee morale can destroy your organizational structure. It can increase cases of employee discontentment, workplace conflicts , and poor performance. "Whether you are the boss or an employee, low morale can be a killer." - Ron
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Hiring a new employee is an expensive and time-consuming process. According to the Society for Human Resource Management (SHRM), it typically costs $4,425 to hire a new employee — not to mention the 36 days the average team spends trying to fill a position. Yet nearly 1 in 5 employees (16%) of employees quit in their first week — and 17% leave after the first month.
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