Sat.Jun 04, 2022 - Fri.Jun 10, 2022

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6 steps to designing a great employee benefits program

Achievers

What do you think of when employee benefits are mentioned? Traditional offerings like health insurance and retirement plans are likely the first things that come to mind. Organizations often fail to go beyond these standard benefits, and if they do, it’s with a few additions that are selected without much thought and seldom improved. Today’s workforce is experiencing a new level of empowerment, and that comes with high expectations potential employers need to meet.

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Designing a Compliant Paid Time Off Program (On-Demand Webinar)

Griffin Benefits

Designing a compliant Paid Time Off (PTO) program is a delicate balance between meeting the evolving needs of your employees and the growing legal requirements set forth at state and local levels. Case in point - mandatory paid sick leave. Laws requiring paid sick leave have grown exponentially during the past eight years. And because paid sick leave laws are based on where an employee works, not on where they get their work assignments, multi-site employers and those with remote workforces are

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CalSavers & Your Small Business: You May Be Required to Offer a Retirement Program

Patriot Software

In 2019, the state of California put in place the CalSavers Retirement Savings Program, with the goal of enabling California residents to save for retirement. Now, California’s June 30th Calsavers deadline for employers with five or more employees is looming closer. Right now, almost half of all private-sector employees in the U.S. are employed by […] READ MORE.

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Ten Tips for Tax Withholding on Multiple Income Streams

Money Talk

It is not uncommon for American taxpayers of all ages to have multiple streams of income. Young adults working in the gig economy may have income from a variety of consulting contracts or from a full-time job and “side hustles.” Many older adults also have multiple income sources including Social Security, a pension, full-or part-time work or self-employment, withdrawals from retirement savings (including taxable required minimum distributions or RMDs), and interest, dividends, and capital gains

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Combatting the Effects of Inflation: Keeping Benefits Competitive While Cutting Cost

Speaker: Jaye Johnson, CBP - Employee Benefits and Total Rewards Leader, World at Work Content Author, and Speaker

After years of facing the global pandemic, we are now struggling with a new problem: inflation. No one could have predicted the impact of inflation on employee benefits and how it affects both employees and employers. Employers are now trying to maintain or lower the cost of benefits while competing for talent in a competitive and tight labor market, but the rising costs of consumer goods and healthcare make it extremely difficult to consider increasing their benefit offerings.

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4 DEIB writing style guides for employee communications during Pride Month and beyond

Achievers

Diversity, equity, inclusion, and belonging (DEIB) are a bedrock at Achievers. We are always striving to create a workplace where everyone belongs, and help other organizations foster a culture of belonging for their employees. This is such an important way to Change the Way the World Works together. When we write, we take direction from those leading the way in the 2SLGBTQIA+ community on educating society about inclusive terminology.

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IRS Unveils New Pre-Examination Compliance Pilot Program for Retirement Plans

Proskauer's Employee Benefits & Executive Compensa

Ever wished you could predict the future? Or at the very least, predict the timing of a retirement plan audit? Well, you may be in luck on your second wish. Last Friday, the IRS Employee Plans division announced a new pilot program whereby it will notify retirement plan sponsors 90 days in advance that their plan has been selected for upcoming examination.

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Which Jobs Could I Pay as a 1099 Contractor?

Stratus.HR

Record high inflation coupled with low unemployment creates a tough recipe for business owners trying to hire. Many have considered options like hiring teens or enhancing their benefits package to attract more applicants. But what about an alternative solution like paying someone as a 1099 contractor? Today’s gig economy makes it easy to find a professional to tackle just about any task, which would also save on taxes, benefits, and other costs associated with employees.

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Is Toxic Productivity Burning You Out ?

HR Digest

Toxic productivity is a problem that many people in the workplace struggle with. This is when you spend all of your time working but not getting anything done. This can happen for several reasons, but one of the main causes is being too focused on short-term goals instead of taking a step back and looking at the big picture. If you find yourself feeling like this is happening to you, it’s important to take some time and figure out how to manage it so that you can get more done in less time

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Democratic Leadership Style: How to Make It Work as a Team

BetterUp

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Unleashing AI in Recruitment: The Ultimate Guide

Discover the power of AI in recruitment with Paycor’s complete guide. Learn how to streamline your hiring process, increase interview pipeline, uncover candidates other tools miss, and save time. Get ready to revolutionize your talent acquisition strategy today!

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Shriners Children’s, AssuredPartners, Collaborate to Expand Access to High-Quality Pediatric Orthopedics

AssuredPartners

National Broker Designates International Healthcare System as a Pediatric Orthopedic Partner. Lake Mary, Florida (June 9, 2022) – Shriners Children’s has been designated a "center of excellence" for pediatric orthopedics by AssuredPartners, which provides health insurance benefits to people throughout the United States. Eligible members of AssuredPartners health plans now have in-network access to Shriners Children’s pediatric healthcare system, which includes locations through

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Why is Employee Engagement so Important in a Thriving Business?

Sodexo Engage

Summary: The impact of low employee engagement. How can you improve employee engagement? Ready to boost employee engagement? Why is Employee Engagement so Important in a Thriving Business? Take a moment to think about your organisation’s financial objectives and how you’re going to go about achieving them. What’s it going to take? Hiring the right people; retaining your best talent; boosting productivity?

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10 Best Recruitment Podcasts You Need To Listen To In 2022

HR Lineup

Recruitment can be challenging, and as a recruiter, it is essential that you stay abreast with developing trends to learn the best approach to it. Besides online content inspired by top HR tech influencers, you should consider listening to recruitment podcasts. The best element about podcasts is that you can listen to them anywhere and understand content as received.

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Vacation Brain: How to Make Vacation Mindset Last All Year Long

BetterUp

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HR and Employee Healthcare Reform: Keys to Increasing Employee Wellness and Retention

Speaker: Mallory Herrin, CEO & Principal HR Consultant at HerrinHR

Your employees are your most valuable resource. If you want to retain employees and keep them happy, you want to make the incentives more valuable. With a full-stack employee experience, culture, health, wellness and benefits navigation solution, you can provide employees with the wellbeing support they need. The results? Employees who are happier, healthier, and more engaged, as well as a business that is thriving both internally and externally, every day.

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SCA Fringe Rate Increases vs Medical Inflation Contractor Dilemma

AssuredPartners

Service Contract Act (SCA) regulations were introduced in 1965 to reflect wages and benefit costs for services in a geographic area. The health and welfare “fringe rates” are reviewed by the Department of Labor each summer. Between 2018-2021 fringe rates have not increased at the same rate as medical inflation. Starting in 2018 the rate increased 1.59 percent, 2019 showed a 1.34 percent increase, and in 2020 “no fringe rate increase.

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7 Strategies for Boosting HR’s Time Management | BerniePortal

BerniePortal

Time management is a crucial aspect of finding success as an HR professional. You must manage many tasks and stressful decisions each day that can weigh on you both physically and mentally. Discerning the best course of action for dealing with these timely decisions is necessary if you seek to grow in your career. Here we have cultivated a list of 7 essential strategies that can help you maintain productivity, manage your time effectively, and boost your HR career.

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The Perfect Storm Facing Canada’s Rapidly Aging Population: An Interview with Bonnie-Jeanne MacDonald, Ph.D.

International Foundation of Employee Benefit Plans

In an interview in the March/April issue of Plans & Trusts, actuary Bonnie-Jeanne MacDonald, Ph.D., FCIA, FSA, called for new policies and practices to address the multiple challenges and opportunities. Read more > The post The Perfect Storm Facing Canada’s Rapidly Aging Population: An Interview with Bonnie-Jeanne MacDonald, Ph.D. appeared first on Word on Benefits.

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United States Business Compliance Trends

Global People Strategist

Due to COVID-19, companies had to devise creative ways to survive as nationwide lockdowns were implemented and employees had to work remotely. While things seem to be improving and offices are opening, uncertainty lingers on as business owners and conglomerates fear another wave. Business owners now realize that business operations are always at risk of getting hit by external factors.

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Cancel Quiet Quitting: Detoxing Corporate Culture & Engaging Top Talent

Speaker: Jennifer Brick, Career Strategist and Author

Your employees have checked out. The last few years have been a wild ride, with countless changes to how we work and our workplace cultures, like the sudden shift to remote work, the return to office, and trends like quiet quitting. With productivity, profitability, and your employer brand on the line, leadership is turning to HR to engage employees and recreate your culture in different working models.

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FAR Violations and Insurance Exclusions

AssuredPartners

There is a common misconception among aircraft owners that in the event of an accident, insurance companies can deny a claim if there was a violation of any of the Federal Air Regulations (FAR’s). While this is not true, one should be aware there are some instances when violation of an FAR related to an accident can be grounds for a claim denial by the insurer.

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Weekdays with Bernie 2022: Everything Attendees Need to Know

BerniePortal

BerniePortal’s 5th annual user’s conference is quickly approaching. From speakers to schedules and more, read on to learn everything you need to know about Weekdays with Bernie 2022.

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Understanding Intrinsic and Extrinsic Motivation

HR Lineup

Employers need to understand the drive behind their employees’ good performance and retention. It is essential that you keep motivating your workers to perform outstandingly at work and enjoy their duties. You can easily accomplish this by practicing two types of motivation: intrinsic and extrinsic. Understanding these types of motivation is helpful in performance management.

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Meeting the Benefit Needs of Your LGBTQ+ Plan Members

International Foundation of Employee Benefit Plans

June is LGBTQ+ Pride Month in Canada and the U.S., a celebration of lesbian, gay, bisexual, transgender and queer people and their history, culture and contributions. To honor this month, Read more > The post Meeting the Benefit Needs of Your LGBTQ+ Plan Members appeared first on Word on Benefits.

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How Can You Aggressively Manage Benefits Affordability?

Speaker: Alex Anderson - Total Rewards Strategist at Lockton Companies | Leo Tokar - President, People Solutions and Partner at Lockton Companies

Benefit cost increases regularly eclipse all other costs for organizations, yet bringing costs down is illusive. Now corporate priorities are swinging from solely a focus on talent to the need to actively manage benefit expenses, but no one wants to reduce benefits or ask employees to pay more. Join two total rewards experts, Alex Anderson and Leo Tokar, for an in-depth discussion on tactics to efficiently and effectively control and manage benefit cost.

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Guide to tax withholdings for stipends and fringe benefits | PeopleKeep

PeopleKeep

With a tight labor market caused by a record number of resignations and job openings, employers need to go above and beyond to attract and retain top talent. Offering competitive employee benefits packages is a great way to attract and retain your employees, with many employers looking to employee stipends and fringe benefits. But, as with any employee benefit , you need to know how to manage these perks, including understanding their taxability.

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DOL Issues FMLA Guidance on Mental Health | BerniePortal

BerniePortal

Mental health is an ongoing concern among employees in the modern workforce. For this reason, the DOL released Fact Sheet #28O and an FAQ during Mental Health Awareness month. Here is a breakdown of the release and everything you should know to ensure you are compliant with the mental health leave policies as laid out by FMLA.

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My Fish Would not Start

Florida Workers' Comp

In yet another interesting example of judicial interpretation, the California Court of Appeal has concluded that bees are fish. How could we miss a headline like that? Of all sources, it showed up in my news feed from the Sacramento Bee (a newspaper/website, not an actual Arthropoda, but I digress. Bees, you see are born in and primarily live in the water, swimming through their lives feeding on various insects, worms, other fish, and even mammals (sarcasm).

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7 real leadership challenges of a post-pandemic workplace

Insperity

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The 5 Types of Hourly Workers: An HR Guide to Recruiting and Retention

All hourly workers want similar things, but when it comes to recruiting & retention, it helps to understand personal motivations. Download Paycor’s guide to learn how to find & keep the 5 types of hourly workers.