PeopleStrategy
JANUARY 17, 2024
Have you checked your calendars? With 2024 being a leap year, the return of Feb. 29 means more than an opportunity for HR-led initiatives to build morale. It also means you could end up paying salaried workers more if you haven’t already done some due diligence. Leap year impacts payroll, taxes, and benefits, all of which your payroll platform and other support services should be set up to handle.
Benefit Resource Inc.
JANUARY 16, 2024
Organizations are continuously looking for strategies to draw in and keep top talent in the highly competitive employment market of today. An excellent benefits package is one important component that is vital to this effort. Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) are two of the most effective instruments for optimizing health savings and financial flexibility for both employers and employees among the different components of a comprehensive benefits strategy.
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CorpStrat
JANUARY 18, 2024
In the ever-evolving world of business, companies face a multitude of challenges and opportunities. One crucial aspect often swept to the side is Employee Benefits. I would caution you not to overlook your Employee Benefits package as it can have a significant impact, both financially and culturally. An experienced Employee Benefits Broker can ensure you don’t get saddled with a bad plan and face major consequences.
Workers' Compensation
JANUARY 17, 2024
NJ Governor Phil Murphy signed A-5909/S-4267 , which revises workers' compensation coverage for certain injuries to certain volunteer and professional public safety and law enforcement personnel. The bill amends current workers’ compensation law to add that a response to an emergency, including work sufficient to cause certain injuries or death, is compensable.
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.
Employee Benefits
JANUARY 15, 2024
Employers could offer support through a midlife MOT, which provides a health and financial career check to help employees plan for retirement. Pre-retirement coaching can help to educate older employees on how to prepare for life away from work. Organisations can improve the recruitment, retention and development of older workers by signing up to the age-friendly employer pledge.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
PayrollOrg
JANUARY 16, 2024
Sponsored by Alight, the free webinar “Striking the Right Balance: AI and the Payroll Professional” on January 23 at 11:00 a.m. ET explores the evolving relationship between artificial intelligence (AI) and payroll professionals.
TalentCulture - Employee Benefits
JANUARY 15, 2024
Are you bracing for “Blue Monday“? The third Monday in January has become notorious as the saddest day of the year. Its dubious reputation stems from a perfect storm of seasonal factors that conspire against us — dreary winter days, post-holiday debt, and failed New Year’s resolutions. But debilitating sadness often lasts more than a […] The post 3 Strategies to Boost Workforce Mental Health appeared first on TalentCulture.
Employee Benefits
JANUARY 17, 2024
While automatic-enrolment has resulted in more individuals saving for retirement, it has created a separate issue that the Department for Work and Pensions (DWP) describes as ‘the proliferation of small pots’: the creation of multiple deferred pension pots , often low in value, when employees change employer. Lack of engagement with pensions has compounded the problem, with many individuals leaving their small pots behind rather than consolidating them, which can lead to poorer retir
Workplace Insight
JANUARY 16, 2024
Henley Business School’s World of Work Institute has published a new report on what it calls The Omniployment Era The report claims to identify which what a post-Covid, post-Great Resignation workforce looks like. The study identifies six distinct worker ‘segments’* in the UK workforce and quantifies what attracts and retains them in jobs, and provides advice to businesses on how to build a strong workforce.
Advertiser: Paycor
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.
PayrollOrg
JANUARY 15, 2024
2024 launches a new year of PayState Update, the only biweekly eNewsletter in the industry dedicated exclusively to state and local payroll compliance news and issues. Find out the latest developments subscribers have been receiving.
Proskauer's Employee Benefits & Executive Compensa
JANUARY 16, 2024
Approximately one year after Congress enacted the SECURE 2.0 Act of 2022 (“SECURE 2.0”), the IRS issued Notice 2024-02 , which addresses SECURE 2.0 implementation issues and extends the plan amendment deadline. Although Notice 2024-02 offers helpful guidance for employers and plan administrators, it does not include hotly anticipated guidance on SECURE 2.0 overpayment and student loan repayment match details, which will hopefully be covered in a future IRS notice.
Employee Benefits
JANUARY 18, 2024
Employees admitted they are more likely to consider work-life balance (93%) as important in a job than career ambition (70%), according to new Randstad research. The talent organisation’s latest Workmonitor report, which surveyed 27,000 workers in 34 markets across Europe, Asia Pacific and the Americas, found that staff thought flexibility of working hours (81%) and mental health support (83%) was more important in a role than progression.
Business Management Daily
JANUARY 16, 2024
Even if there’s never been a violent incident at your workplace, you still need a functioning workplace violence prevention program. That’s especially true if your work involves certain risk factors like: Handling cash Working late at night Working in high-crime areas How do you know which preventive measures to implement? One of the best ways is to view actual workplace violence examples to learn what went wrong.
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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.
Workplace Insight
JANUARY 19, 2024
It’s bitterly cold outside but over a glass of hazy IPA, Nigel Oseland and Mark Eltringham warm to a conversation about fish guts, the sounds that make us cringe, what comfort means to different people and what it would really take to get them to spend more time in the office. And it’s not free fruit, corporate sanctioned togetherness or quirky office features.
PayrollOrg
JANUARY 15, 2024
The Social Security Administration provided a webinar that explains how to register to use Business Services Online (BSO).
Employee Benefits
JANUARY 17, 2024
Employers are waking up to women’s health and our legislation is not keeping up with the workplace. In light of that, 2024 will likely see renewed focus on the need to support women’s health in respect of menstruation, menopause and fertility. The younger generation seems less embarrassed about informing colleagues that they have their period and employers are facing up to the fact that menstrual pain can constitute a disability.
BerniePortal
JANUARY 18, 2024
Recruiting, acquiring, and keeping the right employees for your organization is the best way to ensure its success. SHRM calls sourcing and recruiting “the meat and potatoes of talent acquisition.” Without effective sourcing and recruiting, your organization is left hungry for talent.
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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.
Workplace Insight
JANUARY 17, 2024
The piece I wrote on workplace b t came in for quite a bit of attention when it was published and also meant I was pointed to this excellent article on how to spot it when you see it. Lots is said about the skills we’ll need to cope with the challenges of the current Century, but this is perhaps one of the most important. Especially trying to spot it in ourselves.
Employee Benefit News
JANUARY 18, 2024
It is more critical than ever to ensure that organizations and employees are protected from cyberattacks.
Employee Benefits
JANUARY 18, 2024
Credit: The Optagon Group Optagon Group has become employee owned through an employee ownership trust model. Based in Coventry, Optagon owns and operates brands such as flat roofing materials specialist Rubber4Roofs, Roof Depot, SkyGuard and Kitbuildr. Its 50 employees now own the majority of the firm and have a meaningful stake in its future success.
PeopleKeep
JANUARY 17, 2024
With the rising cost of healthcare, an increasing number of employers are turning to options like health reimbursement arrangements (HRAs) to provide quality health benefits on a budget.
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InterWest Insurance Services
JANUARY 16, 2024
The growing popularity of electric vehicles is encouraging businesses to install charging stations in parking lots for their employees and visitors. Commercial real estate owners and investors are always looking for ways to increase the value of their properties. Adding EV charging infrastructure is an obvious way to increase property value while providing a much-needed public service.
Employee Benefit News
JANUARY 17, 2024
Permutable AI used its software to assess which companies make news for upholding — or failing — to meet labor standards set by ESG and UN criteria.
Employee Benefits
JANUARY 17, 2024
More than two-fifths (43%) of employers offer no additional support beyond time off for bereavement , according to research by bereavement support firm Empathy. Its 2024 report The cost of dying, which surveyed 2,000 respondents who have experienced the loss of an immediate family member in the last five years, as well as more than 200 business leaders and HR professionals, also found almost two-thirds (62%) of organisations now have policies directly addressing bereavement.
PeopleKeep
JANUARY 16, 2024
Hiring qualified candidates in today’s competitive labor market is challenging. Traditional recruiting methods can be successful, but weeding through hundreds of applicants to find the perfect candidate costs you valuable time and money. One way to refine your search for the perfect candidate is with an employee referral program.
Advertiser: Paycor
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!
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