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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Creating a Company Culture of Care: Integrating Mental Health, Wellbeing, and DEI in Benefits

Speaker: Sean Raible

Picture a workplace where physiological safety is not just an aim but a reality, driven by thoughtful employee benefits that prioritize mental health, wellbeing, and DEI. 🤔 ✨ Achieving this vision requires more than just occasional training sessions and employee assistance programs. Moving beyond the basics, this vision calls for a holistic approach that integrates these elements into your company culture as well as your HR and benefits strategy.

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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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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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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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New DOL Final Overtime Rules: Quickstart Guide for Employers

There’s a new overtime salary threshold that will impact employers across the country. If you have an employee making less than $43,888 on July 1 or less than $58,656 on January 1, you’re going to have to start paying overtime. Download Paycor’s guide to learn: Which groups of employees are affected? How should you classify employees? Best ways to mitigate risk.

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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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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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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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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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6 Strategies to Navigate Social Determinants of Health for a Better Workplace

In today’s dynamic work landscape, where the lines between personal and professional life blur, understanding the intricate interplay between social determinants of health (SDoH) and emotional wellbeing is paramount. Employers must acknowledge that the whole person comes to work and every aspect of a person’s personal and professional life, especially their mental health, comes with them.

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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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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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Coexisting with AI in HR—Here’s How You Do It

HR Digest

If you thought that the growing popularity of AI was just a tech thing that didn’t affect you as an HR professional, then you might need to reconsider your stance on artificial intelligence in human resource management. The adoption of AI in HR has not been as fast-paced or noteworthy as other industries, but its presence and use case is undeniably diverse.

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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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HR Trends to Watch in 2024 + Plus Advice for Driving Impact!

The pressure is on to create a positive onboarding experience. Plus, a sub-par onboarding process can domino into other concerns such as low performance, burnout (for you and new hires), and retention challenges. Our 2024 State of HR report will give you a realistic picture of the HR landscape and tips to onboarding effectively in the year to come.

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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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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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Why you need compliant HRA software

PeopleKeep

For many small and medium-sized businesses (SMBs) with limited budgets, it can be tempting to try to save money on benefits spend self-administering your employees’ health benefits. While this may seem more cost-effective, any mistakes you make that put your plan out of compliance can cost you and your organization thousands of dollars in fines. If you offer or plan to offer a health reimbursement arrangement (HRA), investing in a compliant HRA software solution is a great way to avoid potential

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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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Improving Access To & Utilization Of Cancer Screening With Color

Discover how Color's comprehensive care solution is revolutionizing cancer screening adherence and knowledge. Through an in-depth case study, Color's unique approach to comprehensive cancer care has shown significant benefits in increasing screening rates and enhancing patient knowledge. Participants reported a 2-3x increase in adherence to screening guidelines over just 8 weeks, with 84% of participants increasing their familiarity with timing and frequency of cancer screening.

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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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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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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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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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Individual Development Plan Template

There’s no way around it: sometimes employees need your help. Use this free template to clarify expectations, share resources, and set a timeline. Best case scenario, this process helps them improve. Worst case, your great recordkeeping keeps you compliant even if they move on. Download the template today!