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Employee Benefit News
MARCH 6, 2023
Employee Benefit News
MARCH 6, 2023
International Foundation of Employee Benefit Plans
MARCH 9, 2023
In a recent International Foundation wellness survey, respondents were asked about company culture issues that are impacting workforce productivity. Far and away, the most cited issue was worker stress. Another. Read more > The post Four Benefits That Increase Worker Productivity appeared first on Word on Benefits.
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Workers' Compensation
MARCH 4, 2023
Artificial intelligence (AI) programs have become an exciting new Internet phenomenon. Initially launched to generate graphics, the programs have rapidly emerged as Internet research's most significant development of the last twenty years. LAUNCHING OF AI LANGUAGE-BASED APPLICATIONS Recently a Judge in Columbia admitted to using an AI program, ChatGPT , in writing a decision on whether an autistic child’s insurance should pay the costs of medical treatment.
Employee Benefit News
MARCH 8, 2023
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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.
Employee Benefits
MARCH 7, 2023
The UK government has appointed Helen Tomlinson to be its first menopause employment champion , as part of a call for more employers to develop dedicated menopause policies. The Department for Work and Pensions (DWP) asked Tomlinson, head of talent UK and Ireland at Adecco Group, to take on the voluntary role due to her work hosting a menopause podcast and developing Adecco’s menopause policy in 2021.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Kollath CPA
MARCH 7, 2023
The gig economy has a lot to recommend it, but in a recent notice, the IRS is reminding gig workers that taxes are still a requirement, even if they can be a little confusing in this model. The agency says that “taxpayers must report their gig economy earnings on a tax return – whether they earned that money through a part-time, temporary or side gig.” It has even established an online Gig Economy Tax Center to provide information and resources to help entrepreneurs and workers under
McDermott Will & Emery Employee Benefits
MARCH 9, 2023
On February 22, 2023, the US Supreme Court held in Helix Energy Solutions Group, Inc. v. Hewitt that an employee who was paid nearly $1,000 each day he worked was not exempt from the Fair Labor Standards Act (FLSA) and therefore owed overtime for the work he did. This case turned on an interpretation of the FLSA […] The post US Supreme Court Rules Highly Compensated Employee Is Not Exempt from Overtime appeared first on EMPLOYEE BENEFITS BLOG.
Employee Benefits
MARCH 7, 2023
Global wealth management platform FNZ has launched a global family leave benefits package for its 6,400 employees as of this month. The policy made staff eligible for 26 weeks of primary and secondary parental leave, regardless of their gender, at 100% of their salary. Both primary and secondary caregivers – biological, adoptive, same sex or surrogacy – can take this leave within the first 18 months of birth or adoption, including if they are both employed by FNZ.
Employee Benefit News
MARCH 7, 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
PayrollOrg
MARCH 8, 2023
The APA Government Relations Task Force began working with the Nevada Assembly in January to assist the state in developing legislation to regulate earned wage access programs.
Darwinbox
MARCH 9, 2023
What is an example of the use of AI in human resources ? The answer to this question can help improve HR processes and their outcomes. It will also help you make the most of your investment in artificial intelligence in human resource management. This article will explain the top 20 examples of AI in HR and their benefits.
Employee Benefits
MARCH 10, 2023
The top 10 most-read articles on www.employeebenefits.co.uk between 3 – 9 March 2023 were: Costa Coffee gives staff third pay rise in 12 months Amazon receives top employer certification for 2023 FNZ implements global family leave benefits Government names first menopause employment champion Kinleigh Folkard and Hayward gives staff one-off cost-of-living payment Sellick Partnership gives staff day off for Employee Appreciation Day Weetabix reports 3.64% mean gender pay gap Tribunal rules
BetterUp
MARCH 6, 2023
Jump to section What is implicit bias? Implicit vs explicit bias How does the Implicit Association Test (IAT) work? What are the implications of implicit bias? What can be done about it? Why does it matter?
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.
PayrollOrg
MARCH 10, 2023
From March 20-21, the APA will hold the 2023 Capital Summit in Arlington, Virginia. This premier event will include sessions on state payroll topics and the chance to get updates from federal and state agency experts.
HR Digest
MARCH 5, 2023
In the preface to the Dilbert collection This Is the Part Where You Pretend to Add Value , Scott Adams kicks off his compilation with a brazen account of his sixteen-year stint at Crocker National Bank and Pacific Bell: “If I had to describe my 16 years of corporate work with one phrase, it would be ‘pretending to add value.’ … The key to career advancement is appearing valuable despite all hard evidence to the contrary. … If you add any actual value to your company today, your career is probabl
Employee Benefits
MARCH 9, 2023
International insurance broker Howden UK and Ireland has appointed Tim Hopgood to the newly created role of HR director to reflect and drive its growth strategy, as well as talent retention and attraction. Hopgood has more than 20 years of experience in HR, and will report to Carl Shuker, chief executive officer of Howden UK and Ireland, and Diahann Williams, group HR director of Howden Group.
Pacific Prime
MARCH 9, 2023
With so many flashy, new wellness benefits on the rise in the industry, it can be easy to forget about the more common perks like employee medical insurance. Employer-provided health coverage has become the standard foundation benefit for the platform of many companies. It could even be true that younger generations won’t even know what. The post Health Insurance Benefits for Employees – Why It’s Important appeared first on Pacific Prime's Blog.
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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?
PayrollOrg
MARCH 9, 2023
The IRS renewed its warning that employers should be wary of third parties advising them to claim the employee retention credit (ERC).
Workplace Insight
MARCH 10, 2023
A new study claims that hybrid working is leading to a healthier workforce, with more time being dedicated to exercise, sleep and healthy eating. Research among more than 2,000 hybrid workers by IWG suggests that the time saved by reduced commuting has led to multiple health and wellbeing benefits including weight loss, better cooking habits, improved mental health and a longer night’s sleep.
Employee Benefits
MARCH 10, 2023
Retention rates are at a low, with 65% of employees thinking that they can find a better position elsewhere. A great way to improve retention rates is through offering great employee benefits. Benefits, including fringe benefits and flexible benefits, provide an employee an extra reason to stay within a company. In a working world where there is a greater understanding of the importance of employee wellbeing and as more employees begin to work remotely, it is vital that employers are offering th
Pacific Prime
MARCH 9, 2023
Outsourcing isn’t the taboo subject it once was. There are, understandably, people who will think of redundancies and work moving offshore but for many modern businesses constantly searching for flexibility and cost efficiencies, shifting duties to third parties can be a smart way to reduce your company’s investment in an area while boosting its effectiveness. .
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.
PayrollOrg
MARCH 9, 2023
The IRS issued a consumer alert that employers can pass on to their employees to help them be aware of tax scams involving Form W-2.
PeopleKeep
MARCH 8, 2023
No employer wants to see a good employee leave their company. However, just because a worker resigns doesn’t mean they won’t be back. Recent research 1 found that 43% of individuals who quit during the COVID-19 pandemic admitted they should have stayed at their old job. In fact, almost 1 in 5 people who quit have already returned to their previous employer.
Employee Benefits
MARCH 10, 2023
Reward Gateway, a global HR technology and employee engagement company, announced their acquisition of Fond, a leading U.S. provider of employee recognition, rewards and perks. This follows Abry Partners’ and Castik Capital’s recent acquisitions of Reward Gateway, Xexec and MoveSpring. Fond is a U.S. rewards and recognition platform that helps companies build a happier workforce with an easy-to-use, simplified solution.
Pacific Prime
MARCH 9, 2023
Student loan benefits for baby boomers? Retirement planning for gen Z’ers? Parental leave for the millennial that’s decided never to have kids? These are the dilemmas that many employers are now facing. Given the rise of a multi-generational workforce and increasing diversity in the workplace, it seems almost impossible to please everybody with standard, one-size-fits-all.
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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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