Sat.Dec 30, 2023 - Fri.Jan 05, 2024

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Questions to Guide Strategic Benefits Decisions

HR Professionals Magazine

The post Questions to Guide Strategic Benefits Decisions appeared first on HRProfessionalsMagazine.

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Lifestyle Spending Account: Comprehensive Guide & Top Providers

Wellable

Lifestyle spending accounts are flexible benefits accounts that employees can use as perk stipends to pay for health and wellness services or products. The post Lifestyle Spending Account: Comprehensive Guide & Top Providers appeared first on Wellable.

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Confessions of a benefits manager: Candid works to align bonuses and performance management

Employee Benefits

I think it is interesting to see how the importance of performance-related pay has moved in and out of fashion. Go back a few years and everyone was saying they were a pay-for-performance employer and everything from shares to pay rises was linked to a rating. That made budgeting difficult, so we had to have forced rating distributions and hold calibration meetings lest managers got carried away and made everyone a superstar with associated rewards.

Bonuses 105
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Supporting part-time workers with benefits: A rising tide that lifts all ships

Employee Benefit News

Fixed medical indemnity plans represent an affordable option for low-wage and part-time employees.

Medical 91
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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.

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The MHPAEA Proposed Rule: Scalability and the Plight of the Small(er) Self-Funded Plan

McDermott Will & Emery Employee Benefits

After a brief hiatus to discuss the pleading standards adopted by the US Court of Appeals for the Tenth Circuit in E.W. v. Health Net Life Insurance Company, we return to our examination of the comments submitted in response to the proposed regulations under the Mental Health Parity and Addiction Equity Act (MHPAEA). The US […] The post The MHPAEA Proposed Rule: Scalability and the Plight of the Small(er) Self-Funded Plan appeared first on EMPLOYEE BENEFITS BLOG.

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The Swedish Strike against Tesla Persists with No Clear End in Sight

HR Digest

Promoting collective action is the hallmark of a labor union and the current Swedish strike that Tesla is facing is an obvious testament to that fact. The strike against Tesla began on 27 October when a company subsidiary refused to sign a collective agreement with IF Metall—a labor union that represents the Tesla mechanics in the region. Elon Musk, co-founder and CEO of Tesla, has long stood firmly opposed to labor unions, stating that they created negativity within a company, despite unions be

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Compliance TV: Standard Mileage Rate Increases to 67 cents in 2024; IRS Releases 2024 Publication 15-T; and more

PayrollOrg

In this November 2023 edition of Compliance TV, social security wage base increases for 2024; IRS releases 2023 ACA forms, instructions, test packages; OCSS releases revised IWO, instructions; and IRS announces ERC claim withdrawal process.

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How to support employees’ health and wellbeing in the winter months

Employee Benefits

Regular breaks during working hours can help to avoid burnout and boost employees’ physical wellbeing. Employers can support employees suffering from seasonal affective disorder by rearranging the workplace to maximise natural light or enable them to sit near a window. Organisations can implement discount schemes that save employees money on essentials to eliminate stress.

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Employers can be advocates for workplace eye wellness: four winning strategies

Workplace Insight

Proper management of employee health and wellness is an important facet to consider when striving for success in the workplace. Properly supporting employee health helps them perform better, encourages productivity, prevents losses from absences, enhances job satisfaction, and improves overall morale. Employers can promote employee wellness in different ways, but one area you should consider prioritising is eye care in the workplace.

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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.

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A Restful Resolution: Prioritizing Sleep Health in the New Year

International Foundation of Employee Benefit Plans

In the hustle and bustle of our lives, sleep often takes a back seat to work demands, social obligations and the ever-present glow of screens. How many times this year have you found yourself burning the midnight oil, playing catch-up? The realm […] The post A Restful Resolution: Prioritizing Sleep Health in the New Year appeared first on Word on Benefits.

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Unlocking the Secrets of Successful Talent Retention in the Modern Workplace

Professionals Alternative

[link] Unlocking the Secrets of Successful Talent Retention in the Modern Workplace ‍Introduction to Talent Retention in the Modern Workplace In today’s highly competitive market, talent retention has become a critical factor for the success of any organization. Businesses are constantly striving to attract and retain top talent to gain a competitive edge.

Utilities 105
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What will employee motivation look like in 2024?

Employee Benefits

Credit: Artem Oleshko/Shutterstock Need to know: Employee motivation strategies need to factor in cost-of-living pressures and the increasing need for personal development. Motivating people to return to the office must be carefully balanced with the motivational aspects of the flexibility of remote and hybrid working. As skill shortages continue, reskilling and upskilling staff, particularly in digital skills, will become increasingly motivational in terms of personal development.

Net Pay 119
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Stanley Green, protein wisdom and the perils of sitting down

Workplace Insight

Each day for 25 years, between 1968 and 1993, a man called Stanley Green would rise early, enjoy a spartan breakfast of porridge and an egg, pack up a lunch of apples and vegetables, strap them along with a placard and some pamphlets to a bike and cycle the 12 miles to Oxford Street from his home in Northolt. There he would share his ideas for improving the physical and psychological wellbeing of the country, based primarily on the idea that the consumption of too much protein led to the moral t

IT 105
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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.

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Summary Annual Report for employee benefit plans

PeopleKeep

If you’re an employer offering various employee benefit plans , you must understand your responsibilities regarding compliance and taxes. If the benefits you offer require filing Form 5500 with the Department of Labor (DOL), you must also deliver the Summary Annual Report (SAR) to plan participants. Luckily, the SAR is relatively simple to complete once you’ve completed Form 5500.

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Payroll Currently Provides Payroll Professionals With Knowledge

PayrollOrg

2024 launches a new year of Payroll Currently, a monthly electronic newsletter exclusively for PayrollOrg members.

Payroll 104
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Half of employers offer financial remuneration to help employee retention

Employee Benefits

More than half (56%) of employers have offered financial remuneration to help employee retention during the cost-of-living crisis and staffing shortages, according to research by Peninsula Group. The employment law, HR, and health and safety services firm’s survey of 79,000 small to medium-sized businesses (SMEs) across Australia, Canada, Ireland, New Zealand and the UK also found that 65% of Canadian employers offered financial remuneration to help retention, which was more than the other

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One wish for 2024. A more sophisticated approach to the workplace and hybrid working

Workplace Insight

We know, and have for a long time, that the workplace is in a state of near constant flux. The meteor strike of lockdown was an accelerant, not a deviation. It also laid bare -yet again – the faulty assumption that there is some sort of general evolution towards an idealised version of the office or conversely the universal adoption of remote or hybrid working, whatever it is.

Media 104
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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.

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110 Random Acts of Kindness Ideas to Pay it Forward

BetterUp

It's easy to forget the impact that a simple act of kindness can have on ourselves and those around us. But kindness is contagious. Each act of kindness, no matter how small, has the potential to ignite a chain reaction of goodwill and positivity. It inspires us to act with courageous compassion and help those around us. Even random acts of kindness connect us with empathy, bringing more meaning, motivation, and love to our lives.

IT 98
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Tips and Resources for Every New Plan Participant

Benefit Resource Inc.

After much consideration, you’ve made the wise decision to enroll in a pre-tax benefit plan. As a new plan participant, you will experience significant savings on eligible items and services in the coming months! To help you make the most of your account(s), here are some helpful reminders, tips and valuable resources. How do I access the funds in my account?

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Government introduces holiday pay and entitlement reforms

Employee Benefits

The UK government has implemented reforms to simplify holiday pay calculations and entitlement as per the Working Time Regulations. These changes include the definition of irregular hours and part-year workers in relation to the introduction of the holiday entitlement accrual method and rolled-up holiday pay, the introduction of a method to calculate statutory holiday entitlement for irregular hours and part-year staff, and how much leave an irregular hour or part-year worker has accrued when th

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Workplace Attacks

Florida Workers' Comp

The workplace remains a challenging environment for many. There have been instances described here over the years. See Remembering Today (December 2020), Violence, Arising, and Course (August 2021), Violence in the Workplace (August 2021), Workplace Violence Again (December 2022), and Triggered and Violent (June 2023). The violence is not limited to the work environment, but it is becoming either more prevalent or more noticed there.

Food 80
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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.

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10 Best Time Management Tools in 2023

BetterUp

Optimize your productivity with the best time management tools. Learn to streamline tasks, set deadlines, and track progress in one centralized location.

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The benefits of hiring veterans

PeopleKeep

Each year, about 200,000 members 1 of the U.S. Armed Forces stationed in more than 140 military installations worldwide transition from active duty to either re-enter the civilian workforce or pursue higher education.

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Moneypenny’s motivation strategy covers remote, hybrid and office-based employees

Employee Benefits

Motivating remote and hybrid workers has its own challenges, and is something that Moneypenny, a provider of call answering, live chat and bespoke customer communication services, has acknowledged in its motivation strategies. The organisation employs over 1,000 people in the UK and the US, where it offers hybrid working. It also has some remote teams working in the US.

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Communication is Key

Florida Workers' Comp

Last year, Newsweek published a set of directions regarding How to Disclose a Disability to Your Manager and Co-Workers. This is a reasonably frequent conversation in the realm of workplace injury and challenges. In recent years, there have been many instances in which employers and coworkers have been similarly challenged to have conversations about exposure to the virus, absence from work, and accommodation.

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Individual Development Plan Template

There’s no way around it: sometimes employees need your help. Use this free template to clarify expectations, share resources, and set a timeline. Best case scenario, this process helps them improve. Worst case, your great recordkeeping keeps you compliant even if they move on. Download the template today!