Money Talk
NOVEMBER 9, 2023
When someone uses the phrase “gap year,” we often think immediately of young adults who plan experiential learning activities (e.g., traveling, volunteering, and working) between high school and post-secondary education or college graduation and graduate school. In other words, something that young adults do in their late teens and 20s. Think Malia Obama and Elon Musk.
PeopleKeep
NOVEMBER 6, 2023
Group health insurance may be the traditional employee health coverage option, but it doesn’t work for everyone. If you’re an employer looking for an affordable and flexible alternative to group plans, a health reimbursement arrangement (HRA) is a great option. With an HRA, you can provide your employees a monthly allowance and reimburse them for qualifying medical expenses like individual health insurance coverage.
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Workplace Insight
NOVEMBER 6, 2023
Corporate culture has fundamentally changed since the pandemic and with it, so has the way employees interact with the office. This has put leaders under pressure to create experiences for employees that complement, and in some ways even compete with, the comforts of home. Organisations now understand the immense potential for sustainable, inclusive office design, and people-centric real estate strategies to drive positive change and fuel growth.
Employee Benefits
NOVEMBER 6, 2023
Ovo Energy When Ovo Energy took over SSE Energy Services in 2020, it needed to harmonise benefits across the two organsiations. Employees would receive a flex pay arrangement , worth an additional 9% of salary. This would incorporate an employer pension contribution of 4%, and an extra 5% which could be used to purchase other benefits. Central to the benefits overhaul would be Ovo’s Plan Zero concept, which aims to reduce the organisation’s carbon emissions to net zero by 2035.
Advertiser: Paycor
What type of worker is most engaged—hybrid, remote, or onsite? What are the drivers of effective leadership? What does the C-suite think HR is most responsible for? And why is a wave of HR resignations more likely in the next 12 months? Get our annual survey report to find out: The #1 challenge of recruiting & hiring Why remote teams are struggling What are the drivers of effective (and ineffective) leadership And lots more!
HR Bartender
NOVEMBER 7, 2023
Estimated reading time: 3 minutes I’d like to think that most, if not all, of us would answer the question “Is it okay for job seekers to get help with their job search?” with the answer “yes”. We encourage job seekers to reach out to their networks when they’re looking for new opportunities. We encourage them to speak with mentors and coaches about how to share their strengths during interviews.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
PayrollOrg
NOVEMBER 10, 2023
The IRS released cost-of-living-adjustments (COLAs) for 2024 reflecting any increases in excludable transportation fringes and flexible spending arrangements (FSAs).
Employee Benefits
NOVEMBER 9, 2023
The government is to legislate to retain rolled-up holiday pay for irregular hours, zero hours and part-year workers and set out that it must be calculated based on total earnings in the pay period. Its announcement follows a consultation earlier this year that sought views on reforms to the Working Time Regulations, holiday pay, and the Transfer of Undertakings (Protection of Employment (Tupe)) Regulations.
Business Management Daily
NOVEMBER 6, 2023
Think back to elementary school for a moment. Remember some kids who would roll their eyes at assigned tasks they did not like? Or maybe they interrupted the teacher while she talked, refused to listen when she asked them to sit down, or called her names like “stupid” behind her back (or even to her face)? Fortunately, people generally develop better ways of expressing themselves as they mature.
Workplace Insight
NOVEMBER 6, 2023
In the first of a new series of news-based podcasts, I catch up with Chris Moriarty, the co-founder of Audiem and much besides. Over a glass of gin and tonic, we discuss the AI Safety Summit and the proclamations of imminent doom that came before and after it. We also talk about the covid inquiry and the toxic workplace culture it exposed as an intriguing subplot.
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About 40% of us will be diagnosed with cancer in our lifetime, and patients are getting younger. At the same time, the cost of treatment continues to rise, with employers spending 8.5% more on cancer care for each employee than they did last year. The best thing employers can do for their employees and business tomorrow is to invest in cancer detection and care today.
PayrollOrg
NOVEMBER 6, 2023
In this November 2023 edition of Compliance TV: Social security wage base increases for 2024; IRS releases 2023 ACA forms and announces withdrawal process for ERC claims; and more.
Employee Benefits
NOVEMBER 9, 2023
As we begin the run-up to Christmas, your staff’s stress levels can rise due to everything that comes with the season, whether it’s an increased workload, a lack of activity due to the dark nights and cold weather, or financial pressures from home. As an HR manager, one way you can help reduce stress is to offer your people services from DocHQ, the health and wellbeing company that can become your wellbeing partner.
Wellable
NOVEMBER 8, 2023
83% of knowledge workers want happiness over pay. Discover how to create a happier workplace by focusing on 5 critical areas. The post Study: 83% Of Knowledge Workers Prioritize Happiness Over Pay appeared first on Wellable.
Workplace Insight
NOVEMBER 9, 2023
In the lead-up to the UN’s COP28 climate conference, the world’s largest CEO-led community committed to accelerating the net-zero transition is calling on businesses and governments to further slash global carbon emissions to meet the Paris Climate Agreement goals. According to a report by the Alliance of CEO Climate Leaders, in collaboration with the Boston Consulting Group (BCG), emissions must be cut back by 7 percent each year from now until 2030 to limit global warming to 1.5°C, as agreed i
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PayrollOrg
NOVEMBER 7, 2023
PayrollOrg’s (PAYO) free eBook, Top Payroll Questions and Answers for 2023, sponsored by Fintwist by Comdata, contains solutions to payroll questions that were raised in the past year.
Employee Benefits
NOVEMBER 10, 2023
Now that Halloween and Guy Fawkes celebrations have passed, my thoughts have inevitably turned to Christmas. I have always loved this time of year, but for some reason, this year my festive spirit seems to have arrived much earlier than usual and I am now excitedly planning for, and looking forward to, the run up to the season. Many employers will already have also embarked on plans for the festive season.
Wellable
NOVEMBER 6, 2023
Explore effective strategies for employers to navigate and prioritize employee well-being amidst global crises. The post Employer Strategies For Global Crisis Support In The Workplace appeared first on Wellable.
Best Money Moves
NOVEMBER 7, 2023
5 surprising statistics about the state of employee financial wellness. Economic uncertainty has reshaped how employees think about their benefits. Here are key insights into the state of employee financial wellness. Economic uncertainty throughout the past few years has reshaped how employees think about their benefits. In their 2023 Workplace Benefits Report , Bank of America surveyed 800+ American workers, examining the success of their benefits programs.
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The first report from Gallagher’s 2024 US Workforce Trends Report Series, includes data from 3,500+ employers who participated in the 2024 US Benefits Strategy & Benchmarking Survey. The report provides benchmarks for benefits, HR and people strategies to help organizations thrive. Organizations continue to rank retention as the top priority for HR, and second highest for operations.
PayrollOrg
NOVEMBER 9, 2023
Learn which states have released their state unemployment insurance taxable wage bases for 2024 in a chart provided and updated by PAYO.
Employee Benefits
NOVEMBER 6, 2023
J.M. Image Factory/shutterstock_1864249615 Need to know: Employee benefits can play an important role in helping organisations meet their sustainability goals, as well as helping to attract and retain staff. Travel-related benefits, pensions and carbon-offsetting schemes can all help employees make a difference to their carbon footprint, and that of their employer.
HR Digest
NOVEMBER 5, 2023
It often seems easier to wrap things up quickly and let an employee leave quietly without stirring up too much trouble, but skipping an exit interview might be a poor choice. If you’re wondering what an exit interview is, it is essentially the opposite of a hiring interview —instead of asking an applicant why they want to join your company, you now explore why they want to leave.
Employee Benefit News
NOVEMBER 6, 2023
A wage gap as soon as women enter the workforce — along with life-long financial hurdles like caregiving — prevent this demographic from prioritizing their long-term savings.
Advertiser: Paycor
Benefits are central to any HR strategy. A strong benefits package attracts top talent, boosts engagement, and retains top performers.
Benefit Resource Inc.
NOVEMBER 8, 2023
If you’re wondering what the difference is between a Medical Flexible Spending Account (Medical FSA) and a Dependent Care Flexible Spending Account (DC FSA), you are not alone. Maybe you didn’t realize there is more than one type of FSA to choose from. Participants often do not understand that separate elections must be made for Medical and Dependent Care Accounts.
Employee Benefits
NOVEMBER 6, 2023
An employment tribunal has ruled that Lancashire County Council must pay out more than £800,000 to a teacher who was made to reapply for her job while on sick leave with cancer and then sacked. Anne Healey worked as an early years specialist for the council’s schools improvement service since 2012 after a teaching career. She was diagnosed with cancer in 2014 and had periods of sickness absence while undergoing chemotherapy.
Workplace Insight
NOVEMBER 6, 2023
A formal notice has been issued to South Cambridgeshire District Council over its four-day working week trial, because the UK government says it wants ‘to ensure taxpayers’ money is well spent’ A Best Value Notice, issued by the Department for Levelling Up, Housing and Communities , formally sets out government concerns around the council and whether the trial offers value for money, including the removal of up to a fifth of the authority’s capacity.
Employee Benefit News
NOVEMBER 7, 2023
A physical therapist from Brooks Rehabilitation shares the ways workers are unconsciously putting their bodies in pain-inducing positions.
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Ready to boost employee happiness, improve inclusion, and make a positive impact on morale? From fostering cooperation and collaboration to promoting inclusivity and community impact, our checklist covers it all! Create the kind of workplace where employees feel valued, motivated, and invested in your success.
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