International Foundation of Employee Benefit Plans
NOVEMBER 3, 2022
Organizations are planning salary increases and closely examining their total rewards packages for the year ahead in response to changing workforce demands. The International Foundation surveyed U.S. employers and found. Read more > The post 68% of Employers Are Planning Salary Increases for 2023 appeared first on Word on Benefits.
LACE Partners
NOVEMBER 3, 2022
What is a lost employee? How does it impact payroll? The two Chris’s speak to Daniel Greaves from Brown Brothers Harriman about this topic. Additionally, they share their own examples of how businesses have addressed this issue. The post The lost employee: Payroll’s costly problem appeared first on LACE Partners.
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Employee Benefit News
OCTOBER 31, 2022
Money Talk
NOVEMBER 3, 2022
Being the author of a book about transitions in later life , I am always on the lookout for new information about this topic. I recently attended a face-to-face class called Retirement-Now What ? that focused on the same transitions I wrote about. The class started with two questions for each participant: are you retired? and are you happy? When it was my turn to respond, I reiterated a long-standing description of my current status: “No, I am not retired.
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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.
Griffin Benefits
NOVEMBER 1, 2022
The IRS has finally announced adjustments to 2023 contribution limits on various tax-advantaged health and dependent care spending accounts, retirement plans, and other employee benefits such as adoption assistance and transportation benefits. Many of these contribution limits, though not all, are indexed to cost-of-living adjustments. Together, these combined announcements by the IRS detail 2023 adjusted limits to the amounts employees can tuck away pretax into Flexible Spending Accounts (FSAs)
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Benefit Resource Inc.
OCTOBER 31, 2022
It’s that time of year again! The leaves are changing color, the air is getting cooler, and ghosts, goblins, and witches are getting ready to come out and play. But, there’s one thing that doesn’t have to be scary this Halloween —your pre-tax benefits! Commuter benefits, flexible spending accounts, dependent care, and health savings accounts are just a few of the great employee benefits available to help you save money and reduce stress.
Business Management Daily
NOVEMBER 3, 2022
Imagine you’re daydreaming about visiting China when out of the blue, your company asks if you’re available to make a business trip over there. Could it be? Your dream vacation, funded by your job? You excitedly tell them yes as your mind starts racing thinking about what you’ll do over there, but then they interrupt you to mention there’s a catch: the trip starts Monday and ends Thursday, after which point you’ll need to fly back home so you can rest up for the coming week.
HR Digest
NOVEMBER 2, 2022
The pandemic proved once again that there are certain things in life you cannot avoid. Like getting vaccinations at the hospital or paying your taxes. Life goes on, and in the midst of the chaos you have to learn to bear the pain. When this stress becomes too much , an employee assistance program (EAP) can help you make everything seem more manageable.
Qandle
OCTOBER 31, 2022
Want to replace paper-based time and attendance management software with something more modern? You should seek these 10 attributes, which cover the bases from necessities to nice-to-haves to selling points. With the aid of an attendance management system , you can keep tabs on how much time each person spends on the clock, which may help you avoid breaking any rules or regulations.
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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
BetterUp
OCTOBER 31, 2022
“Suck it up and keep moving”. We don’t talk much about burnout in agency leaders. No doubt about it, in the Federal government there is an overwhelming sense of commitment to service and the mission — at all costs.
PeopleKeep
NOVEMBER 2, 2022
As an employer or human resources professional for a small or medium-sized business (SMB), there are many compliance considerations to be aware of, especially regarding employee benefits and taxation. One such consideration is non-discrimination testing (NDT) for certain benefits offerings. This article will explain what non-discrimination testing is, when you should complete it, why it’s important for your organization, and what happens if you encounter testing failures.
HR Digest
NOVEMBER 3, 2022
Have you ever wondered what skills to put on a resume? Today might be your lucky day to learn a few tips from the HR Digest. Skills are a vital part of the job evaluation process. An employer will decide on which candidates to interview based on how relevant the skills on their resumes are to the job. For this reason, job applicants will need to ensure that they know what skills to add to a resume before submitting theirs.
International Foundation of Employee Benefit Plans
NOVEMBER 4, 2022
RxDC Overview In late 2021, Congress passed the Consolidated Appropriations Act, 2021 (CAA) which contained a provision that requires health care plans to submit Prescription Drug Data Collection (RxDC) reports. Read more > The post RxDC Reporting: What Plan Sponsors Need to Know appeared first on Word on Benefits.
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.
BetterUp
OCTOBER 31, 2022
“Suck it up and keep moving”. We don’t talk much about burnout in agency leaders. No doubt about it, in the Federal government there is an overwhelming sense of commitment to service and the mission — at all costs.
Best Money Moves
NOVEMBER 2, 2022
Financial Wellness Platforms: How to launch the best one for your employees. Financial wellness platforms can help support employees through tough times. Here’s how to launch the best one for your team. . Employees are feeling the heat. According to John Hancock’s 2022 study of stress , 89% of employees said it was important that employers provided a financial wellness program and 74% said a financial wellness program would help reduce their stress. .
cipHR
NOVEMBER 1, 2022
Join Ciphr and experts from Peoplesafe and Amba on 8 December for a free webinar, as we share how to create effective employee wellbeing programmes. Keeping your employees healthy and safe at work is about more than just complying with legal regulations: it’s the right thing, morally, to do (especially at difficult times), and can make a significant difference to your organisation’s productivity and success.
Florida Workers' Comp
NOVEMBER 3, 2022
With age comes a certain retrospection. I have had many conversations over the years with lawyers that enjoy outstanding reputations and success in this community. But what drew them here? I have yet to meet someone that went to college with the dream of practicing in workers' compensation. It is fraught with opportunity, uncertainty, and challenges.
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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?
Insperity
NOVEMBER 1, 2022
In our potentially recessionary, post-pandemic landscape , the future of the workplace is unclear. As the fog of uncertainty looms along the horizon, it is critical that we view the future with a refreshed perspective and playbook. During tumultuous periods especially, there are certain characteristics that distinguish good companies that get by – or even struggle – from great companies that thrive.
BetterUp
OCTOBER 31, 2022
Jump to section. Common challenges when reentering the workforce. 5 tips for your reentry to the workforce. Don’t be afraid — be bold.
McDermott Will & Emery Employee Benefits
NOVEMBER 3, 2022
The COVID-19 pandemic forced lawmakers to respond with an array of legislation to help Americans, such as the No Surprises Act, the Families First Coronavirus Responses Act and the Coronavirus Aid, Relief and Economic Security Act. Now, however, pandemic-related litigation involving the Employee Retirement Income Security Act of 1974 (ERISA) is becoming more common.
Florida Workers' Comp
NOVEMBER 1, 2022
There are frequently stories in the news that remind us of dangers in the workplace. See Thoughts on Safety from the News (September 2022). Work can present safety challenges that require persistent attention, and are the subject of various statutes, rules, and regulations, both state and federal. The topic of workplace safety is complex and detailed.
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.
Patriot Software
OCTOBER 31, 2022
You’re struggling to find good, quality candidates to fill an open position. Or, you’ve found the perfect candidate and want to sweeten the job offer. What do you do? In either case, you may consider offering a sign-on bonus. But before you advertise a $500, $1,000, or $5,000 (you get the picture) sign-on bonus, you […] READ MORE.
UpstartHR
NOVEMBER 2, 2022
“One day he challenged me and he said, ‘Listen, I want you to help our 477 store directors be great. But listen, I don’t want you to go and teach them about engagement. They don’t need like a history lesson. But I want you to teach them how to be engaging.’ As I’ve navigated through various organizations, what I realized is that most organizations have the same challenges around manager performance.” Kamaria Scott, Manager Enablement Expert at Accenture.
McDermott Will & Emery Employee Benefits
NOVEMBER 4, 2022
This document serves as a tool to track key congressional positions, as well as potential and pending changes that are relevant to health policy on Capitol Hill. It covers US House of Representatives and US Senate leadership and membership of the healthcare committees of jurisdiction. This tracker will be updated after the election when Congress […].
Florida Workers' Comp
OCTOBER 30, 2022
ABC News reports recently that the U.S. may be facing a "triple threat" this winter with respiratory illness. The trend is already apparent with cases of influenza, respiratory syncytial virus (RSD), and SARS-CoV-2 (COVID-19). The three are being discussed and feared as a "trilpledemic." The onset of flu and the RSD is perceived as being earlier this year than expected, and the numbers seem significant, particularly among the young.
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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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