Sat.Sep 16, 2023 - Fri.Sep 22, 2023

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Private medical insurance becomes most important employee benefit

Employee Benefits

Private medical insurance (PMI) has become the most important perk that employees look for in their benefits package, according to new research by Zest. The employee benefits technology platform’s findings highlight growing challenges in the UK around access to healthcare, as more people explore private provision as opposed to solely relying on public healthcare, due to growing waiting lists.

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12 types of employee stipends and examples of each

PeopleKeep

Offering robust employee benefits can greatly help companies that are looking to attract and retain top talent. In addition to offering traditional benefits like health insurance or retirement contributions, more employers are offering stipends to employees. These are additional funds an employer provides to cover specific employee expenses on a one-time basis or on a regular cadence.

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Why food access might be the next big thing in healthcare benefits

Employee Benefit News

Samantha Citro-Alexander, CEO of Bitewell, explains why food is essential to preventative care.

Food 107
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Webinar Replay: SECURE 2.0 and the Impacts of Employer Matching for Student Loan Payments

McDermott Will & Emery Employee Benefits

Student loan debt is set once again to impact millions of American workers. Fortunately, starting next year, employers will have new ways to help employees navigate student loan debt. Provisions of the SECURE 2.0 Act will allow employers to provide employer-matching contributions based on their employees’ qualified student loan repayments outside the plan.

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Fertility Benefits Playbook: How HR Leaders Are Delivering Value in 2025

Speaker: Kaitlin Ruby Carroll

Fertility benefits have become a crucial component of employee well-being and retention strategies. In today’s competitive landscape, creating a fertility benefits program that aligns with both employee needs and organizational goals can be more complex than it seems. From cycle-based to flat-dollar and telehealth models, each solution offers unique advantages and challenges that directly affect employee satisfaction and financial well-being.

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How to Protect Yourself in Today’s Scary Economic Environment

Money Talk

I recently taught a class with the same title as this post. It began with a summary of recent “scary” economic events: recession fears, rising interest rates, bank failures, volatile stock prices, increased costs of basic expenses due to inflation, layoffs, low savings rates, increasing credit card APRs and household debt, housing unaffordability, and more.

Finance 144
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Five Indiana Counties Have Income Tax Rate Changes Effective October 1

PayrollOrg

Effective October 1, 2023, the Indiana Department of Revenue revised Departmental Notice No. 1 to reflect income tax rate changes in Adams, Clinton, Dearborn, Henry, and Vanderburgh Counties.

Taxes 129

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Two-thirds of UK staff do not feel connected at work

Employee Benefits

Two-thirds of UK employees do not feel a sense of connection and belonging at work, according to research by employee engagement and HR technology firm Reward Gateway. Its survey of 1,000 UK employees in organisations with a headcount of more than 100 also found that 24% of respondents often experience loneliness at work. Gen Z workers aged between 18 and 24 years were the most likely age group to feel this way,with 32% saying this is the case, despite 81% workers having a social network at work

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Workers increasingly concerned that AI will come for their job in the very near future

Workplace Insight

Two thirds of IT workers and nearly half of office workers think that generative AI may come for their jobs within five years, according to a new report from Ivanti. The poll of nearly 8,000 respondents worldwide also suggests that 57 percent of people report ‘serious friction’ with workplace technology at least weekly and 61 percent say negative experiences with work tech affects their morale.

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PayrollOrg Vice President Ronald Gilson, CPP, Selected to Serve on IRS ETAAC

PayrollOrg

PayrollOrg is pleased to announce that Vice President Ronald Gilson, CPP, was selected to serve on the IRS’s Electronic Tax Administration Advisory Committee.

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Ninth Circuit: Changes to a Services Agreement Require Consideration of Indirect Compensation

Proskauer's Employee Benefits & Executive Compensa

A recent Ninth Circuit decision has generated considerable controversy amongst employee benefits practitioners by holding that plan fiduciaries engaged in prohibited transactions when they amended the plan’s existing recordkeeping contract to add brokerage and investment advisory services. In so ruling, the Court remanded the case to the district court to consider whether the transactions fell within the exemption for reasonable service agreements and, independently, whether it was imprudent for

401(k) 110
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Reduce Bias in Hiring: Structured Interview Questions for Employers

Structured interview questions are a valuable tool for reducing bias in hiring. They help: Ensure all candidates are asked the same questions in the same way Level the playing field so all candidates have a fair chance of being successful Improve credibility, reliability, and validity Download the guide to get the most out of your interview questions!

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Santander and Thames Valley Police recognised at Menopause Friendly Awards

Employee Benefits

Banking organsiation Santander, Department for Education and Thames Valley Police were recognised at the 2023 Menopause Friendly Employer Awards. Hosted by Henpicked: Menopause in the Workplace and sponsored by HSBC UK, First Direct, Marks and Spencer Bank and Peppy, the awards were presented by broadcaster Louise Minchin last week. Now in its second year, the awards recognise organisations and individuals who have committed to provide support, solutions and resources to normalise menopause in t

Banking 111
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Remote and hybrid working may have significant impact on carbon footprint

Workplace Insight

Fully remote workers can have a 54 percent lower carbon footprint compared with fully in-office workers, and all forms of remote and hybrid working have the potential to cut emissions, according to a new study from researcher at Cornell University and sponsored by Microsoft. The authors conclude that lifestyle choices and work arrangements playing an essential role in determining the environmental benefits of remote and hybrid work.

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PayrollOrg Contacts DOL About Bank Failures

PayrollOrg

PayrollOrg recently sent a letter to the U.S. Department of Labor (DOL) on wage and hour/pay period requirements and the impact of bank failures.

Banking 104
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Employee financial wellness: Why it matters in the workplace

Insperity

When you think about employee wellness, categories like physical, emotional and social probably first come to mind. But what is your organization doing to prioritize employee financial wellness? For employees, their personal financial wellness is an acute concern right now. So, what can employers do to address these mostly external factors that can impact employee wellbeing?

401(k) 104
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Testing Innovations in Cancer: How to evaluate and use new technologies

Amidst rising cancer prevalence and soaring costs, new cancer technologies and innovations are emerging to support the early detection, treatment, and surveillance of cancer. Read this guide to understand how to evaluate these solutions for your employees and members – and to learn more about the current state of coverage, clinical and cost effectiveness, and impact on quality and outcomes.

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Hard Skills? Definition & Examples for Your Resume

BetterUp

Jump to section The definition of hard skills 5 valuable types of hard skills Best hard skills to put on a resume for in-demand jobs Hard skills are an easy sell

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Exclusive: RSPCA to discuss employee engagement at Employee Benefits Live 2023

Employee Benefits

Sarita Coleman, head of reward at the RSPCA, will present a session about employee engagement on the first day of Employee Benefits Live 2023. Titled Employee benefits: staff engagement is key , the session will cover employee benefits and the importance of staff engagement, how not to assume that all employees know what is available or relevant to them, how to look inwardly at existing offerings to avoid duplication and confusion, and that communication is king when it comes to maximising offer

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IRS Pauses Processing of New ERC Claims Due to Scams

PayrollOrg

On September 14, the IRS announced it will not process any new employee retention credit (ERC) claims to help protect businesses from scams.

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The Power Of Health Coaching At Work

Wellable

Health coaching: A solution for rising healthcare costs, a workforce well-being booster, and an organizational savings driver. The post The Power Of Health Coaching At Work appeared first on Wellable.

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Recognition Powers High-Performance — If You Do it Right

Speaker: Radhika Samant and Todd Wuestenberg

Employee recognition has often been deemed a "feel-good" initiative, tied closely to rewards. While we understand its importance, we tend to associate recognition with intangible outcomes like engagement and sentiment, rather than direct impacts on retention and high performance. In today’s workplace, the true ROI of recognition lies in its ability to regenerate tangible, business-driven results.

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A Look into House Efforts on Hospital and Health Plan Price Transparency

McDermott Will & Emery Employee Benefits

In the 118th Congress, the US House of Representatives is keenly interested in healthcare price transparency. Three House committees—Energy and Commerce, Ways and Means, and Education and the Workforce—each approved legislation that would advance price transparency objectives. Generally, these bills seek to codify (or modify) the requirements around hospital and health plan price transparency as […] The post A Look into House Efforts on Hospital and Health Plan Price Transparency appeared

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How to Implement Genuine Sustainability Initiatives at Work

Employee Benefits

What do you think of when you hear the term ‘sustainability’? Green plants filling the office, colour-coded recycling bins or an array of reusable coffee cups? There are many small ways we can take eco-friendly approaches within the workplace. But when we look at the scale of the climate crisis we’re dealing with, it highlights how important it is for businesses to take bold, direct action.

Health 105
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The Fourth Wave

Florida Workers' Comp

The United States continues to be the target of an illogical madness. The British Broadcasting Corporation (BBC) recently explained How the fentanyl crisis' fourth wave has hit every corner of the US. I remember in the 1990s when I first heard of Fentanyl and the various doctors who expressed their eager and adoring attitudes toward it. There were many orthopedic patients suffering intractable pain and we were all led by the physicians into the opioid expansion.

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Amazing And Terrible: What It’s Like To Work With Elon Musk

Wellable

Working for Elon Musk: "amazing and terrible". Explore the dualities of Musk's leadership and learn lessons for success. The post Amazing And Terrible: What It’s Like To Work With Elon Musk appeared first on Wellable.

IT 105
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Why Every Small Business Needs an HCM Solution: A Comprehensive Guide

Managing HR tasks like payroll, compliance, and employee data can overwhelm small businesses. That’s where a Human Capital Management (HCM) solution comes in. Our eBook, Why Every Small Business Needs an HCM Solution: A Comprehensive Guide , shows how an HCM system automates tedious processes, ensuring your business stays compliant and efficient. You’ll learn how to simplify payroll, eliminate costly errors, and empower your employees with self-service tools.

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Limiting short-term health plans will limit patient and broker choice

Employee Benefit News

As many as 80% of short-term health plan enrollees say that affordable premiums are more important to them than comprehensive health benefits.

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The one thing that will boost workplace productivity within days

Employee Benefits

The one thing that will boost workplace productivity within days It’s a common issue in today’s stretched workplaces. How can organisations get the most out of their workforce to hit company goals, while maintaining a happy, healthy workforce; avoiding overloading staff and potential burnout? It’s a tricky balance to achieve, but there is one small thing that could transform your employees’ productivity – with almost instant results.

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4 Steps for HR Leaders to Create a Culture of Belonging

15Five

Most people leaders today understand the critical importance of promoting equity and inclusion on their teams and building a more diverse workforce. But one letter usually missing from the DEI acronym that we believe should be included is B—for belonging. Even in organizations that prioritize DEI, too many people feel like they don’t truly belong at their workplace or can’t be their authentic selves at work.

IT 99
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Accommodating employees with visual impairments

Business Management Daily

About 18.4% of all U.S. adults are visually impaired, according to the Centers for Disease Control and Prevention. That means they are blind or have a great deal of difficulty seeing even when wearing prescription glasses. The causes vary. Some visually impaired people have eye diseases like macular degeneration, cataracts, glaucoma, or diabetic retinopathy.

Health 98
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The HR Leader’s Survival Guide

HR leaders drowning in paperwork struggle to meet C-suite's strategic expectations. Burnout and high turnover plague the field, with 95% feeling overwhelmed. This guide explores how the right tools can free HR from admin tasks and empower them to become the strategic leaders they’re meant to be.

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Banks, credit unions get dementia training to fight financial abuse

Employee Benefit News

More elderly consumers are being diagnosed with Alzheimer's and dementia — making them vulnerable to scammers. Financial institutions are seeking special certifications to better equip themselves to help.

Banking 101
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Societe Generale invests in closing gender pay gap

Employee Benefits

French multinational financial services firm Societe Generale has invested €100 million euros (£865.4 million) into a plan to try to close its gender pay gap. The firm, which employs 117,000 workers in 66 countries, will use the funds to boost remuneration of its female employees over the next two years. The investment amounts to less than 1% of its roughly €10 billion (£86.5 million) total wage bill.

Finance 105
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Vision expenses piling up? Use your HSA or FSA

WEX Inc.

Visual health is a vital component of overall well-being, and unexpected eye-related expenses can put a strain on your finances. However, for participants of health savings accounts (HSAs) or medical flexible spending accounts (FSAs) , there are ways to alleviate the financial burden associated with vision-related costs. Let’s explore a few common vision-related questions as it relates to your HSA or medical FSA.

Health 98
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Striving for more: Associate educational support programs

UMB: Emplooyee Benefits

To stay competitive, companies must foster and develop talent. Here's how UMB supports associates' professional growth and education. The post Striving for more: Associate educational support programs appeared first on Financial insights for individuals and businesses.

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HR Meets AI: The New Way of Keeping Large Workforces Connected and Engaged

Speaker: Miriam Connaughton and Donald Knight

As organizations scale, keeping employees connected, engaged, and productive can seem like a monumental task. But what if AI could help you do all of this and more? AI has the power to help, but the key is implementing it in a way that enhances, rather than replaces, human connection. Join us for an exploration into how industry trailblazers are using AI to transform employee experience at scale while addressing both the potential and the pitfalls.