Sat.Nov 11, 2023 - Fri.Nov 17, 2023

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Top tips for boosting employees’ pensions knowledge 

Employee Benefits

Need to know: Employers can tailor content and communication channels to different employee groups to help with their pensions knowledge. Losing the jargon will make the language of pensions easier to understand and more relevant to staff. They could invest in financial coaching for a more personal approach to pensions education. Workplace pensions are one of the most valuable elements of the benefits package.

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What is a catastrophic health insurance plan?

PeopleKeep

Healthcare costs continue to rise , making it increasingly difficult for people to find affordable coverage. In response to this, catastrophic health plans have emerged as an alternative option for those who are relatively healthy and primarily seeking coverage in case of major medical events.

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California Expands Paid Sick Leave to Five Days Per Year

McDermott Will & Emery Employee Benefits

On October 4, 2023, California Governor Gavin Newsom signed Senate Bill 616 into law, officially expanding the Healthy Workplaces, Healthy Families Act of 2014, California’s paid sick leave law. Effective January 1, 2024, California employers must begin providing eligible employees with at least five days or 40 hours of paid sick leave, increased from the […] The post California Expands Paid Sick Leave to Five Days Per Year appeared first on EMPLOYEE BENEFITS BLOG.

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Parental Pauses: Empowering Mothers Re-Entering The Workforce

Wellable

More moms are taking career breaks. These aren’t setbacks—they are opportunities for upskilling. How can employers support mothers returning to work? The post Parental Pauses: Empowering Mothers Re-Entering The Workforce appeared first on Wellable.

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2024 Payroll Calendar Templates

These calendars provide pay period dates and paydays for biweekly, semi-monthly, and monthly payroll in 2024. Use them as a reminder or share with employees so they can celebrate payday.

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Employers Grapple with Claims Costs versus Outcomes of GLP-1 Drugs

International Foundation of Employee Benefit Plans

A new survey report from the International Foundation of Employee Benefit Plans reveals U.S. employer coverage and considerations surrounding glucagon-like peptide-1 (GLP-1) drugs, which have historically been used to treat diabetes. These drugs were also found to cause weight loss and have […] The post Employers Grapple with Claims Costs versus Outcomes of GLP-1 Drugs appeared first on Word on Benefits.

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The Most Productive Ways to Spend the Last Two Weeks of the Year

HR Bartender

Estimated reading time: 4 minutes I’ve mentioned a few times recently about projects that might be perfect for the end of the year and thought it would be good to expand on the idea. When I worked in a corporate office, I often worked during the final two weeks of the year. At first, because I had to. Everyone else had more seniority and vacation time.

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What support can employers offer for expatriate staff facing natural disasters?

Employee Benefits

Rescue helicopter/Jaromir Chalabala/ Shutterstock Need to know: Pre-assignment risk assessments and briefings can help an expatriate employee feel as prepared as a local if a natural disaster happens. Security risk management firms can support employees with information and support if they are affected by a natural disaster. Employers should check what is included in an evacuation and repatriation service because some only offer it when an employee needs medical attention.

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Manager feedback questions to ask your employees and improve your leadership

Business Management Daily

Most managers understand the importance of providing timely feedback to their direct reports, but it’s important to remember that feedback isn’t just for employees, Effective leaders also welcome and request constructive feedback. Receiving actionable feedback from your peers and direct reports is a great way to aid your own professional development as a manager.

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Navigating the Complexities of Global Payroll, HR—Risks and Challenges

PayrollOrg

Partnering with a global HR and payroll provider like IRIS FMP can be a game-changer for managing a diverse and dispersed workforce across multiple countries, because it can help you achieve operational efficiency, ensure compliance, and ultimately focus on growing your business on a global scale.

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5 Trends to Help Your Organization Boost Job Satisfaction and Productivity

Treating your workforce as the organization’s top priority improves customer satisfaction and revenue growth and can boost job satisfaction and productivity. Read about five trends that are helping organizations around the country improve their people’s career well-being.

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People spending more time in offices in search of social interaction

Workplace Insight

Office workers now spend more time in the office, with the average creeping up to three and a half days per week compared to three days in 2022 , according to a new report from international law firm, Gowling WLG. The report, titled Strategic moves: why the office is now a business-critical decision [registration], surveyed senior representatives responsible for making office lease decisions in companies, and a selection of office workers.

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BT boosts employees’ pension knowledge with financial education programme

Employee Benefits

For the last 11 years, BT has rolled out a programme of financial education for its employees to help them plan for retirement. So far, it has been delivered to approximately 80,000 of its UK employees. Kerry Shiels, pension and benefits director at BT, says: “It is very important that employees understand their BT pension and the retirement decisions they will need to make in the lead up to, and at, retirement.

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Stop undermanaging—step up and manage using these 3 principles

Business Management Daily

The path of least resistance is often avoidance. As a result, many managers look the other way and sweep things under the rug rather than address them head on. It’s one thing to hold tough conversations with your employees about their performance, conduct or reliability (attendance); it’s another to ease into “safe” conversations that help them feel more at ease in delivering constructive feedback to you, their boss.

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IRSAC Annual Report Addresses Two Payroll Issues

PayrollOrg

At a public meeting on November 9, the IRS Advisory Council (IRSAC) presented its annual report. Two payroll issues are included related to the Combined Federal/State Filing (CF/SF) program and the use of cryptocurrency.

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Fertility Benefits for Every Age: A HR Roadmap from Gen Z to Baby Boomers

Speaker: Lauri Armstrong, SHRM-SCP - Sr. Director, People Operations at Carrot Fertility

Today’s workforce includes multiple generations of employees all looking for something different from their benefits package. While meeting these disparate needs can be challenging, a comprehensive fertility benefit can support everyone from junior staffers learning about their fertility health to senior leadership managing menopause and low testosterone symptoms.

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Want people to spend more time in the office? Give them a little piece of home

Workplace Insight

For many people, a large portion of the day is spent at the workplace. In fact, the average person will spend 90,000 hours at work over a lifetime. The Covid-19 pandemic saw the typical ‘workplace’ setting change for many people, after businesses around the globe were forced to adjust to a ‘work-from-home’ model. Now, three years later, we are starting to see more employees return to the office, with large corporations including JPMorgan, Chase, Apple and Google all announcing plans to bring the

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Lovewell’s logic: Will we ever successfully close unequal pay gaps?

Employee Benefits

Next Wednesday, 22 November, is Equal Pay Day in the UK. This is the date when, based on mean average earnings, women effectively stop being paid for the year compared to men. According to analysis by the Fawcett Society, which is behind the day, the UK’s gender pay gap currently stands at 10.7%, a 0.2 percentage point fall, equivalent to 48 hours, from 2022.

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Switching Sides: Career Change Steps to Consider Before Your Big Move

HR Digest

Handling a career is overwhelming on its own but pairing it with a career change tips the balance into new, unexplored territories that are downright terrifying. But change is necessary sometimes, whether you’re burnt out by your current career path or you want to pursue a passion that was left unattended for a long time. If you are trying to decide on your own career change steps that can get you on the career path you envision for yourself, then read on to see how to change careers with the le

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SSA/IRS Reporter Features Three PayrollOrg Articles

PayrollOrg

The third quarter edition of the SSA/IRS Reporter contains three PAYO articles.

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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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Republished: The brain-dead megaphone of work

Workplace Insight

There is nothing new about any of this. And yet it’s all new. I’ve spent months talking to people who really know their stuff about work and workplaces and underlying nearly all of those conversations is the following paradox. They know about flexible working, the under-utilisation of space, the twenty minute neighbourhood, the work ecosystem, universal basic income, the digital workspace, the office as club, all the rest of it.

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Zendesk appoints new chief people and diversity officer

Employee Benefits

Software-as-a-service firm Zendesk has appointed Caroline Jessen chief people and diversity officer as of this month. Based in San Francisco, Jessen will oversee diversity, equity and inclusion , people operations, total reward, talent and organisational development, workforce and workplace strategy, and talent acquisition. Jessen has more than 20 years of experience leading people teams in Europe and globally at Cisco and IBM.

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CAFE in the News.

Florida Workers' Comp

I’m periodically reminded of the old fairytale regarding the emperor's new clothes. In a collective, absurd application of groupthink, a huge portion of people take what they’re fed, and believe merely to believe. A recent Reuters news article outlined how the government may change its math in order to manipulate policy and market performance regarding cars.

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How small businesses are leading the way in support for working parents

Employee Benefit News

From maternity and paternity leave, to on-site child care, a new survey highlights the lengths small businesses will go to keep talent.

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DOL Final Overtime Rules: Quickstart Guide for Employers

On August 30, 2023, the DOL unveiled a proposed overtime rule that would raise the weekly salary threshold under the Federal Labor Standards Act. Paycor is closely monitoring the proposal and will provide updates as new information becomes available.

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Your HR budget: 6 line items to prioritize right now

Insperity

Your human resources (HR) budget encompasses a wide variety of initiatives directly impacting your people and, therefore, your business success. These include: Recruiting Hiring Onboarding Compensation Benefits Training Software and other technology Administrative costs It’s always good practice to re-evaluate your budget allocation and all line items routinely.

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Basic pay for private and public sector staff to rise by 5%

Employee Benefits

Basic pay for public sector workers is expected to increase by 5%, the same rate as private sector staff for the first time since early 2021, according to research from the Chartered Institute of Personnel and Development (CIPD). The professional body for HR and people development’s Labour market outlook, which is released every quarter, surveyed more than 2,000 UK employers on their pay, hiring and redundancy intentions.

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Science or Art

Florida Workers' Comp

Medicine is a science. But there is art involved. I was asked recently to deliver a lecture on credibility in opinion evidence, and there is a great deal to unpack there. There is much that contributes to credibility, and much that may detract from it. See The Chair of Truth (February 2018); Credibility - a Conversation (December 2019); Magic Word s (February 2021), and Credibility from Vulgarity (October 2021); But, this presentation was about the science of medical opinions.

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10 best and worst cities for working women

Employee Benefit News

Checkr ranks the 100 largest cities in the U.S. according to which ones offer the best professional opportunities for women.

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Specialty Drug Interest Is Skyrocketing – Can Your Pharmacy Benefits Keep Up?

New approvals for weight loss drugs, gene therapies, and biosimilars are on the minds of employers. However, 48% of employers still need a strategy to manage their use and costs. Find out how other organizations are preparing their specialty drug benefits for the future.