International Foundation of Employee Benefit Plans

AUGUST 29, 2023

A new survey report from the International Foundation of Employee Benefit Plans reveals the operations and staffing practices of corporate benefits departments across the United States. Key findings from Corporate Benefits Departments: Staffing include outsourcing strategies, the greatest challenges facing benefits departments, […] The post New Survey Results—Companies Outsource 40% of Their Benefits Functions appeared first on Word on Benefits.

Employee Benefits 77

Employee Benefits Human Resources 77

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?

Health Insurance 98

Health Insurance Insurance 98

Employee Benefit News

AUGUST 30, 2023

Employers should be investing just as much into education as they are into creating robust benefit offerings.

Healthcare Benefits 119

Healthcare Benefits Healthcare Employment Education 119

PayrollOrg

AUGUST 30, 2023

When the IRS released the 2020 Form W-4, Step 3 was titled “Claim Dependents.” The 2023 Form W-4 titles Step 3 as “Claim Dependents and Other Credits.” A question many employees and payroll professionals had beginning with the release of the 2020 Form W-4 was what are acceptable entries for Step 3 from the IRS’s perspective?

IT 104

IT Payroll 104

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!

Recruitment

HR Bartender

AUGUST 27, 2023

Estimated reading time: 5 minutes (Editor’s Note: Today’s article is brought to you by our friends at Poster Guard® Poster Compliance Service, a division of HRdirect and the leading labor law poster service that gets your business up to date with all required federal, state, and local labor law postings, and then keeps it that way — for an entire year.

Electronics 108

Electronics Utilities Government Software 108

Money Talk

AUGUST 31, 2023

I recently attended a seminar about financial concerns facing women in retirement. Below are seven key take-aways that I gleaned from the presentation and accompanying materials: Income Gap - This is the difference between an individual’s (or couple’s) total retirement income from various sources (e.g., pension, Social Security, annuities, dividends/capital gains, full- or part -time employment, self-employment) minus fixed (e.g., rent and car payments), variable (e.g., gas, food, and gifts), an

401(k) 158

401(k) Pension Food Finance 158

PayrollOrg

AUGUST 31, 2023

On August 30, the U.S. Department of Labor (DOL) announced it intends to increase the minimum salary level for the Fair Labor Standards Act “white collar” exemptions from $684 to $1,059 per week.

Salary 197

Salary IT 197

HR Digest

AUGUST 31, 2023

Have you ever found yourself in a situation where HR seems to be turning a blind eye to your concerns? You’re not alone. Dealing with unresponsive HR can be frustrating and disheartening, especially when you’re facing a toxic work environment or an unresolved issue. But fear not! We’ll explore actionable steps you can take when HR ignores your complaints.

Utilities 111

Utilities Consulting Management Employment 111

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.

Family and Medical Leave Act 111

Family and Medical Leave Act Parental Leave Medical Employment 111

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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.

Employment

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

Entertainment 105

Entertainment Employment IT Technology 105

PayrollOrg

SEPTEMBER 1, 2023

The Indiana Department of Revenue has revised Departmental Notice No. 1 to reflect a new tax exemption for first-time qualifying children and Form WH-4, Employee’s Withholding Exemption and County Status Certificate.

Taxes 104

Taxes 104

HR Digest

SEPTEMBER 1, 2023

The release of the August jobs report 2023 by the Labor Department has provided valuable insights into the state of the job market in the United States. Despite the addition of 187,000 jobs, there are signs indicating a gradual cooling of the labor market. This article aims to delve deep into the key findings of the report, analyze the implications of the unexpected rise in the unemployment rate, and offer a comprehensive analysis of the job market in 2023. 1.

warehousing 105

warehousing Entertainment Transportation Hospitality 105

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.

Work From Home 111

Work From Home Consulting Employment Employee Benefits 111

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Darwinbox

SEPTEMBER 1, 2023

We are excited to announce the launch of Darwinbox Engage, our state-of-the-art employee listening solution. Darwinbox Engage helps you cut through the noise, truly listen to your employees, and act on the insights so you can nurture a more engaged and productive workforce.

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PayrollOrg

SEPTEMBER 1, 2023

In this September 2023 edition of Compliance TV: IRS provides transition period for SECURE 2.0 Act Roth Requirement; ACA affordability percentage decreases to 8.39% for 2024; Federal per diem rates updated for fiscal year 2024; Employees have until September 29 to resolve e-verify mismatches.

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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.

Retirement Plan 100

Retirement Plan 401(k) Employment Education 100

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.

Bonuses 111

Bonuses Overtime Salary Employee Benefits 111

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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.

Employment

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

Media 98

Media Engineering Work From Home Utilities 98

PayrollOrg

AUGUST 31, 2023

When the IRS released the 2020 Form W-4, Step 3 was titled “Claim Dependents.” The 2023 Form W-4 titles Step 3 as “Claim Dependents and Other Credits.” A question many employees and payroll professionals had beginning with the release of the 2020 Form W-4 was what are acceptable entries for Step 3 from the IRS’s perspective?

IT 104

IT Payroll 104

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.

Taxes 98

Taxes Deductions Deductible Bonuses 98

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

Transportation 111

Transportation Pension Bonuses Education 111

Advertiser: Paycor

Benefits are central to any HR strategy. A strong benefits package attracts top talent, boosts engagement, and retains top performers.

Benefits Package

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.

Construction 98

Construction Human Resources Employee Wellness IT 98

PayrollOrg

AUGUST 28, 2023

The IRS has announced an administrative transition period to extend until 2026 the new requirement that additional elective deferrals made by higher-income participants in retirement plans be designated as after-tax Roth contributions.

Retirement Plan 104

Retirement Plan Taxes 104

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?

Flexible Spending Account 98

Flexible Spending Account Health Savings Account Flexible Spending Medical 98

Employee Benefits

SEPTEMBER 1, 2023

Big Bad Boss has asked me to train as a mental health first aider , which is a lot more interesting than the usual stuff I do. For example, my next task is looking at the lifestyle options on our defined contribution (DC) pension plan. Snore. It would be nice if the mental health training was held in a nice hotel, the kind where they give you proper coffee and mini croissants for breakfast and then a decent buffet lunch to keep you going.

Management 105

Management Pension Employee Benefits IT 105

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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.

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