Employee Benefits

MAY 31, 2023

What are group dental plans? Dental plans are a type of insurance or cash plan that specifically cater for oral health, helping staff afford regular dentist visits for preventative and routine care, such as accident and emergency cover, crowns, implants and fillings, as well as larger issues such as treatment for oral cancer. Dental cover can either be provided in the form of traditional insurance, where staff can make a claim for the diagnosis and treatment of conditions that develop after taki

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Insurance Taxes Deductions Deductible 105

McDermott Will & Emery Employee Benefits

MAY 31, 2023

For decades, promoters have marketed programs to employers seeking to leverage the favorable tax treatment accorded employer-provided medical benefits. These programs are variously described as “wellness” or “preventive services” arrangements, and they are usually wrapped in or offered with hospital indemnity policies. While varying in their design features and terminology, these programs all hold out […] The post Buyer Beware: The Newest Wave of Hospital/Fixed Indemnity Programs Promising

Hospitality 70

Hospitality Taxes Payroll Medical 70

Employee Benefits

MAY 29, 2023

Employee benefits are an important aspect of any job, but can be overlooked when thinking about changing roles. Depending on those on offer, benefits can be just as valuable as a pay rise , and in some cases, even more valuable. It is quite natural for us to focus on salary. After all, we all need to make a living. However, benefits are an important aspect of any offering from an organisation, as good benefits can provide security, flexibility, and peace of mind, contributing to a more positive

Salary 98

Salary Employee Benefits Disability Insurance Pension 98

International Foundation of Employee Benefit Plans

JUNE 1, 2023

Many health plan sponsors continue to struggle to comply with the Mental Health Parity and Addiction Equity Act (MHPAEA). It’s a continuing concern because the Department of Labor (DOL) has placed an emphasis on auditing plans for compliance. Health plans looking for […] The post Can Your Plan Clear Mental Health Parity Compliance Hurdles? appeared first on Word on Benefits.

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Employee Benefits 76

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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.

Management

Employee Benefits

JUNE 1, 2023

Just when I am considering taking some well-earned annual leave, I get landed with yet another joint venture to deal with. Local HR seems to be getting all stressed about the new location’s benefit plans and I must do a benefits inventory and comparison to existing plans. Really, it seems quite straightforward. It has a normal pension plan and a few related insured benefits.

Deductions 98

Deductions Deductible Pension Management 98

Employee Benefits

MAY 29, 2023

Benefits on offer at XDesign: Pension and group risk Group personal pension (GPP) plan with salary sacrifice arrangement for all employees. Employer and employee contributions of 4%, matched up to 5%. Life insurance. Critical illness leave at full pay for the first six months, and half pay for the following six to nine months. Healthcare and wellbeing Private medical insurance (PMI) scheme, employer-funded for all employees.

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Pension Life Insurance Salary Employee Recognition 105

Employee Benefits

MAY 29, 2023

 Employee Benefits · XDesign podcast Listen: Digital consultancy XDesign has grown rapidly in the past two years and increased its headcount from 50 employees to over 450. In this episode of the Employee Benefits podcast, chief people officer Ciji Duncan, explains how the organisation has adapted and expanded its benefits offering in order to support its growing workforce.

IT 98

IT Life Insurance Engineering Consulting 98

McDermott Will & Emery Employee Benefits

MAY 30, 2023

On May 3, 2023, the Centers for Medicare & Medicaid Services (CMS) published the proposed rule Medicaid Program; Ensuring Access to Medicaid Services. The aim of the proposed rule is to enhance transparency in payment rates, establish uniformity in data and monitoring and provide states with fresh avenues to encourage the active involvement of beneficiaries […] The post CMS Releases Proposed Rule: Medicaid Program; Ensuring Access to Medicaid Services appeared first on EMPLOYEE BENEFIT

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Employee Benefits Health and Welfare Workers’ Compensation 66

Employee Benefits

MAY 31, 2023

Employee Benefits poll: More than one-third (36.3%) of organisations either did introduce, or were planning on introducing, new mental health support benefits , events and initiatives as part of Mental Health Awareness Week (15 – 21 May), according to a survey of Employee Benefits readers. Just 5.4% either did or were planning on introducing mental health support but not run any events during the week, while 31% either did or were planning on running events to raise awareness, but not any new re

Construction 52

Construction Employee Benefits Employment IT 52

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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

Paid Leave

Money Talk

MAY 31, 2023

As I noted in a previous post , I periodically summarize notes taken from various webinars that I think might be useful to others. Below are seven information tidbits that caught my eye: Defensive Investing- Financial markets were volatile in 2022 and, for a while, “there was no (good) place to hide.” Stocks and cryptocurrencies experienced big drops in value, bond prices decreased when interest rates rose, and cash assets were eroded by high inflation.

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Finance Taxes Pension Education 245

PayrollOrg

JUNE 2, 2023

Effective July 1, 2023, private employers in Florida with 25 or more employees must use the E-Verify system to verify a new employee’s employment eligibility within three business days after the first day that the new employee begins working for pay.

Employment 180

Employment 180

Florida Workers' Comp

MAY 28, 2023

There is ample debate in this country today regarding government. There is discussion of scope, of role, and of purpose. There are unfortunately a slew of examples in which government of all shapes and sizes has failed undeniably. That indicts institutions and leaders. But, it should never change the way we feel about those who serve the leaders, follow their orders, suffer their failures.

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Government Construction IT 104

Insperity

MAY 30, 2023

From time to time, you may need to reorganize your teams, bringing in new members from a different part of your organization or even externally. To work cohesively and collaboratively, the people involved will have to first learn each other’s personalities and work styles. The change you’re making, whether planned or unplanned, is necessary.

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Health Utilities Technology Management 111

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.

IT

HR Digest

MAY 27, 2023

We all have heard the old adage that the first impression lasts forever. Thoughtful welcome gifts for new employees help your organization make a great first impression as an employer and make new team members feel welcomed. The biggest asset of any company is its employees. Welcome gifts for new employees is intended to help them feel valued and like a company’s member.

Banking 108

Banking Health Employment IT 108

PayrollOrg

MAY 31, 2023

PayrollOrg’s Government Relations Task Force State and Local Topics Subcommittee offered concerns and recommendations about Missouri S.B. 452.

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Overtime Taxes Government 104

Employee Benefits

JUNE 2, 2023

The top 10 most-read articles on www.employeebenefits.co.uk between 26 May – 1 June 2023 were: Amazon introduces flexible-working options Virgin Media O2 staff accept pay deal Neonatal, carer and family leave acts receive Royal Assent Exclusive: Channel 4 and Citi shortlisted for Best benefits for reproductive health 46% of young staff think employers could help financial burdens more Exclusive: Bupa and Vivup shortlisted for Best supplier to work for West End performers and stage manager

Media 105

Media Employee Benefits Employment Management 105

Business Management Daily

MAY 30, 2023

People do not always agree. This simple statement holds true in all types of environments, including workplaces. But since decisions need to be made, involved parties must find ways to resolve conflicts. They also must keep in mind that how matters get settled impacts relationships. Individuals often handle conflict resolution in ways consistent with their personalities and past experiences.

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Management Employment IT 105

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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?

Utilities

Workplace Insight

JUNE 1, 2023

You measure absenteeism. You are aware of presenteeism. But what are you doing about the new kid on the block – resenteeism? This occurs when employees stay in a job despite being fundamentally unhappy. They don’t want to be at work and when they are there, they actively resent it. Increasingly employees are fed up, across varying sectors, and showing some common threads or ‘symptoms’ of resenteeism.

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Salary Employment IT 98

PayrollOrg

MAY 30, 2023

Register now to attend PayrollOrg’s new course that will help you keep in compliance. Payroll Mid-Year Compliance Update starts in June.

Payroll 104

Payroll 104

Employee Benefits

JUNE 2, 2023

Credit: William Barton / Shutterstock.com Banking organisation Natwest Group has completed its acquisition of a majority shareholding in workplace savings and pensions fintech Cushon. The group agreed to acquire 85% of Cushon for £144 million back in February, with 15% retained by management. It was approved by the Financial Conduct Authority (FCA) last month.

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Pension Banking Engineering Employee Benefits 105

AssuredPartners

MAY 31, 2023

First-Time Home Buyers Insurance Guide Buying a home can be one of the largest purchases we make in our lifetime. As if the home buying process isn’t stressful enough, choosing the right insurance can be overwhelming or cause questions to arise. Ensuring our investment is properly protected is a must, so we put together a first-time home buyers' insurance guide to help you navigate the process: Evaluate Insurance Costs With inflation continuing to rise, the costs of building materials have

Insurance 98

Insurance Deductions Deductible Education 98

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.

IT

PeopleKeep

JUNE 2, 2023

Employees participating in an individual coverage health reimbursement arrangement (ICHRA) can’t collect premium tax credits (PTC). However, simply being offered an ICHRA doesn’t automatically disqualify employees from utilizing tax credits under specific circumstances.

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Taxes Utilities 98

Benefit Resource Inc.

MAY 30, 2023

Although pre-tax employee commuter benefits sound like they only assist your staff, the truth is that these programs also provide significant advantages for your business, as well. A Commuter Benefit Plan (CBP) helps your employees save money by providing tax breaks for using public transit to and from work, vanpools or parking near your company. The federal government allows businesses to withhold up to: $300 per month for commuting $300 per month for parking $20 per month for biking-related ex

Taxes 98

Taxes Transportation Government Payroll 98

Employee Benefits

JUNE 2, 2023

Data analytics and consumer credit reporting organisation Experian, cryptocurrency firm Kraken, and advisory and accounting organisation HLB International have been named as some of the Global Most Loved Workplaces 2023 by Newsweek. Published for the first time in partnership with benchmark research organisation Best Practice Institute, the list is based on survey results of more than two million employees from different industries and businesses, along with analysis of external public online ra

Employee Benefits 105

Employee Benefits Employment IT 105

Qandle

MAY 30, 2023

In today’s fast-paced and competitive business world, motivation plays a crucial role in determining the success of an organization. One of the prominent theories of motivation is Adams’ Equity Theory, which highlights the importance of fairness and equity in the workplace. This theory has been widely adopted by modern organizations to promote employee motivation and satisfaction.

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Bonuses Management Employment IT 98

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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.

Human Resources