HR Lineup

JANUARY 4, 2023

Salary transparency is the practice of openly disclosing the wages and salaries of all employees within an organization. It has gained popularity in recent years as a way to promote fairness and equity within the workplace. However, implementing salary transparency can be a complex process, with various considerations to take into account. This guide will provide a comprehensive overview of salary transparency, including its benefits, how to successfully implement it within your organization, an

Salary 76

Salary Management IT 76

Employee Benefits

JANUARY 5, 2023

If you lead HR, benefits or rewards at your organisation, these insights will help you plan your financial wellbeing strategy and move your people forwards. Inflation is putting pressure on every household in the UK and worldwide. It’s leading to unavoidable rises in household spending while wages remain the same. As a result, many HR, benefits and rewards specialists are focusing on financial wellbeing, creating strategies to ensure their employees’ financial health is supported and financial s

Employee Benefits 98

Employee Benefits 98

International Foundation of Employee Benefit Plans

JANUARY 4, 2023

According to a recent International Foundation survey report, health care costs are expected to increase by 7% between 2022 and 2023. In response to the cost escalation, health care plan. Read more > The post <strong>Benefit Trends—Health Care Cost-Containment Strategies</strong> appeared first on Word on Benefits.

Employee Benefits 97

Employee Benefits 97

Patriot Software

JANUARY 4, 2023

You may have heard the phrase “If you have time to lean, you’ve got time to clean.” It’s a saying beloved by managers across the country and cuts to the core of the nonexempt employee/wage relationship. Nonexempt employees get paid because they work for a certain period of time. But what if an employee is […] Read More.

Management 70

Management Payroll 70

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!

Recruitment

Employee Benefit News

JANUARY 4, 2023

Healthcare 103

Healthcare Technology 103

PeopleKeep

JANUARY 4, 2023

If your small business struggles to attract and retain top talent, you might be tempted to offer a more competitive salary. While higher compensation can help, many factors influence whether a job candidate will apply to work at your organization or if a current employee will stay. A total rewards program can help your organization create employee loyalty, improve employee satisfaction, and boost employee engagement.

Employee Loyalty 73

Employee Loyalty Salary Employee Benefits Recruitment 73

PeopleKeep

JANUARY 4, 2023

Pay transparency is a popular topic for employers today. While it used to be considered taboo, many employers now see pay transparency as a way to achieve pay equity, build trust with employees, and attract talented candidates. With more states creating laws around pay transparency, employers need to know their obligations or risk potential legal recourse.

Employment 92

Employment Employee Benefits IT Recruitment 92

Employee Benefit News

JANUARY 5, 2023

Employment 83

Employment Employee Retention Recruitment Management 83

Money Talk

JANUARY 4, 2023

Last month, I presented my eighth annual (2022) Personal Finance Year in Review webinar for OneOp. Below are dozens of important events and trends from the past year: High Inflation- The consumer price index (CPI) started out the year at a 12-month percentage change of 7.5% in January 2022, reached a year-to-year high of 9.1% in June 2022, and stood at 7.1% in November.

Finance 244

Finance Banking Taxes Food 244

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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.

Employment

International Foundation of Employee Benefit Plans

JANUARY 5, 2023

A healthy reset has been a standard theme entering the new year, but it shouldn’t be the only time of year workplace wellness gets prioritized. What an individual’s weight says. Read more > The post Employers Covering Prescription Drugs for Weight Loss appeared first on Word on Benefits.

Employment 109

Employment Employee Benefits IT 109

Employee Benefits

JANUARY 2, 2023

Need to know: The use of artificial intelligence (AI) and automation in employee benefits is growing. This can help employees receive personalised recommendations. Employers can also benefit from greater insight around benefit schemes. Artificial intelligence (AI) and greater automation are infiltrating almost every area of business, and employee benefits is no exception.

Pension 111

Pension Technology Benefits Package Finance 111

HR Digest

JANUARY 2, 2023

Most companies prepare for a layoff either to cut costs in a way or to restructure the company. And this is a difficult process some organizations may have to face. However, if your organization ever reaches a stage to reduce staff it is important to figure out how to lay off employees in compliance with the law. That being said, below are some basic components to address when companies prepare for a layoff.

Human Resources 111

Human Resources Salary Employment IT 111

HR Bartender

JANUARY 5, 2023

Estimated reading time: 3 minutes. As organizations are thinking about the economy and their plans to remain competitive in the market, it’s only logical that technology will enter the discussion. Technology has a lot of advantages. It can help organizations with routine tasks. It can provide data for planning and decision making. But technology is only as good as the systems we put into place.

Technology 93

Technology Media Software Management 93

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Game Plan Total Rewards provides strategic consulting and project management services for Total Rewards, HR Operations, and Mental Health programs. From 50 to 50,000+ employees, all industries, we are experienced in working with all sizes and types of organizations and can support globally given our experience in over 30 countries.

Consulting

Proskauer's Employee Benefits & Executive Compensa

JANUARY 3, 2023

As part of our ongoing series on SECURE 2.0 , this post discusses three significant changes to corrections of common retirement plan errors: (1) New rules for correcting overpayments, (2) expansion of the Self-Correction Program under the IRS’s Employee Plans Compliance Resolution System (“EPCRS”) to cover most inadvertent errors, and (3) making permanent the current EPCRS safe harbor correction method for elective deferral failures related to automatic contribution arrangements.

Retirement Plan 106

Retirement Plan Taxes Utilities Employment 106

Employee Benefits

JANUARY 4, 2023

What is financial education? Financial education as a benefit can take many forms. At its simplest, it could simply mean providing online or workplace-based resources which employees can access in order to boost their understanding of their finances. At the higher end, financial education programmes can be holistic, providing multimedia resources, including individual guidance or advice, financial modelling and health checks, and targeted communications.

Education 105

Education Health and Welfare Pension Finance 105

Business Management Daily

JANUARY 4, 2023

Alice has no qualms about telling everybody in the office that she puts in way too many work hours. Dan and Rob are not the most vocal employees, but you did notice them huddled together whispering after a staff meeting and caught the phrase “stupid company policy” before they saw you rounding the corner. Rhonda rolls her eyes every time an assignment calls her to work with Andrew.

Commissions 102

Commissions Human Resources Salary Education 102

Best Money Moves

JANUARY 5, 2023

Ilyce Glink Named 2023 Top Financial Influencer. Ilyce Glink, Founder/CEO of Best Money Moves, was named one of the top financial influencers for financial advisors for 2023, according to Indigo Marketing Agency. The list, which includes such financial luminaries as Dave Ramsey, Rachel Cruze, Bill Cates, and Michael Kitces, is an annual effort by IMA.

Media 100

Media Banking Consulting Technology 100

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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.

Employment

Proskauer's Employee Benefits & Executive Compensa

JANUARY 4, 2023

On December 15, 2022, the Internal Revenue Service (“IRS”) published final regulations that make permanent certain relief and changes relating to the Affordable Care Act (“ACA”) reporting requirements. Specifically, the final regulations (1) include an automatic 30-day extension for providing Forms 1095-B and 1095-C to covered individuals and employees, which would otherwise be due on January 31; (2) allow an alternative method of furnishing the forms to certain individuals, and; (3) eliminate p

Insurance 105

Insurance Employee Enrollments Taxes Consulting 105

Employee Benefits

JANUARY 5, 2023

Bus drivers employed by Stagecoach in Sunderland have accepted an 11% pay rise and £150 bonus , backdated to 1 December 2022, ending their long-running strike. Three-quarters of the drivers, members of the trade union GMB, voted to accept the pay increase , which is more than the offer they received last year, of a 4% rise, followed by another 2% later in the year.

Transportation 105

Transportation Bonuses Employee Benefits Management 105

Benefits Notes

JANUARY 4, 2023

Recently Congress passed the Consolidated Appropriations Act of 2023 (“2023 CAA”). Among other things, the 2023 CAA extends, for a second time, the telehealth relief provided under the CARES Act. The CARES Act permitted high deductible health plans (“HDHP”) to provide first-dollar telehealth services or other remote care services. This allowed individuals covered under a HDHP that waived the deductible for telehealth services or other remote care to maintain HSA eligibility.

Deductions 98

Deductions Deductible Insurance Consulting 98

Kollath CPA

JANUARY 5, 2023

As explained by the IRS , the work opportunity tax credit is equal to 40% of up to $6,000 wages paid or incurred, with a maximum credit of $2,400, for an employee who: Is in their first year of employment. Is certified as being a member of an eligible group. Works at least 400 hours of services for that employer. The agency emphasizes that this is a one-time credit for each new hire, and an employer cannot claim the credit for employees who are rehired.

Taxes 98

Taxes Payroll Employment IT 98

Advertiser: Paycor

Benefits are central to any HR strategy. A strong benefits package attracts top talent, boosts engagement, and retains top performers.

Benefits Package

Business Management Daily

JANUARY 3, 2023

Workplace stress is at an all-time high, with 94% of workers reporting feeling stress on the job, and it causes a whopping 1 million Americans to miss work each day. Anyone with a job can likely attest to this, as it’s normal to experience stressful situations at work, even if you love what you do. Meeting stringent deadlines, dealing with difficult co-workers, long hours on the clock, and difficulty getting enough sleep are all common stressors to experience because of your job, regardless of y

Human Resources 98

Human Resources Food Salary Management 98

Employee Benefits

JANUARY 4, 2023

Employment laws on harassment, discrimination and privacy of workers are well established online and in the office, but applying these rules in the metaverse raises novel risks and challenges. In the employment sphere, an evolution of existing legal principles is more likely than a complete overhaul. The nascent metaverse has already been plagued by allegations of e-groping and other inappropriate conduct.

Employment 105

Employment Government Medical Software 105

Benefit Resource Inc.

JANUARY 3, 2023

It’s that time of year again! The new year is upon us, and with it comes hopes of achieving our goals for the upcoming months. Whether you’re looking to retire, advance your career, or prioritize your health, now is the perfect time to start planning your journey. If you’re in the 70% of people who have health-related goals for 2023, let’s take a look at how pre-tax benefits can help set goals and prioritize your health this year and beyond.

Utilities 98

Utilities Taxes Flexible Spending Account Flexible Spending 98

Workplace Insight

JANUARY 3, 2023

In an uncharacteristically Waddellian moment*, the Word of the Year for 2022 according to The Economist was ‘hybrid work’. Yet despite its ubiquity, in the comparative calm of social channels over the holiday period lurked claims that no-one knows what hybrid working is. Even though millions of people are doing it. Given that such an assertion came as a surprise, there was only ever going to be one opening post for 2023: an attempt to explain it.

Hospitality 97

Hospitality Technology IT 97

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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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