International Foundation of Employee Benefit Plans
DECEMBER 20, 2023
It’s THAT time of year, and the Talking Benefits pod squad is keeping up with our annual tradition of reviewing the top benefit trends of the year. We identified six big benefits trends that shaped our industry in 2023, and they are […] The post Six Benefit Trends Making Our List for 2023 appeared first on Word on Benefits.
PayrollOrg
DECEMBER 18, 2023
The Compliance Calendar for 2024 is now available on PayrollOrg’s website. It contains important payroll tax payment and reporting dates every payroll professional needs to know during the calendar year.
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Employee Benefit News
DECEMBER 19, 2023
A tax-free, more personalized option can help attract and retain talent.
Achievers
DECEMBER 19, 2023
A healthy workforce is a prerequisite for sustained success in any industry, but the new normal has led to a wide range of challenges to employee wellbeing. The transition from traditional office setups to remote and hybrid work models has further blurred the lines between professional and personal life, made employees more susceptible to burnout, and increased team members’ sense of isolation.
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.
PeopleKeep
DECEMBER 20, 2023
If you’re an employer offering the qualified small employer health reimbursement arrangement (QSEHRA), it may be challenging to clearly explain how this health benefit works to your newly eligible employees. While you may understand how cost-effective and flexible it is, you may not be able to effectively communicate the details and benefits of the QSEHRA to employees who are new to the benefit.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
HR Bartender
DECEMBER 19, 2023
Estimated reading time: 4 minutes I mentioned a few months ago that I received a trial membership to MasterClass as part of changing my cellular phone plan. During the trial, I was able to listen to Neil Gaiman, Malala Yousafzai, Neil deGrasse Tyson, RuPaul, Bill Nye, and Dr. Terence Tao. And while I didn’t plan it this way, the last session I listened to about determining a personal brand really brought them all together.
Florida Workers' Comp
DECEMBER 17, 2023
I recently noted that profanity may be the path to credibility. See Crass Credibility (December 2023). If it is, then how might we identify the most credible, the exemplar? Perhaps we would search for the most profane? I learned a new word this week. I do a great deal of reading and writing. It is somewhat rare to run across a word with which I have no familiarity.
TalentCulture - Employee Benefits
DECEMBER 19, 2023
There’s nothing like having skin in the game to keep you focused, motivated, and engaged. Just ask any business owner. This logic extends to employees, as well. As an increasing number of companies are discovering, an employee ownership structure is a highly effective way to foster a culture of engagement and accountability. Including employees at […] The post The Outsized Impact of Employee Ownership on Company Culture appeared first on TalentCulture.
PayrollOrg
DECEMBER 22, 2023
Effective January 1, 2024, 12 Indiana counties will have income tax rate increases and the state withholding tax rate will decrease to 3.05% from 3.15%.
Advertiser: Paycor
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.
Workplace Insight
DECEMBER 21, 2023
The fracturing of time and place underlies every one of the great workplace issues of our time. Everything that springs from this – the where, when, how, what and why of work – is defined by the shattering of any fixed idea we may once have had of a time and a place to work. Because the challenge to these traditional ideas is now so inextricably linked in our minds with new technology, we might often forget that people have been asking questions about how we can get the most out of each day for
HR Digest
DECEMBER 16, 2023
Employee mentorship programs can have a groundbreaking impact on an organization’s health but successful mentorship programs are often hard to come by. According to a Gartner and Capital Analytics study, more than 84 percent of Fortune 500 companies have some version of a mentorship program set in place to aid their employees’ growth. 100 percent of Fortune 50 companies believe in the power of mentorship.
Vantage Circle
DECEMBER 21, 2023
Creativity is intelligence having fun. - Albert Einstein Behind every successful company lies a secret ingredient: a creative company culture that fosters innovation and empowers its employees to think outside the box. Imagine a workspace that transcends the confines of cubicles. A place where people passionately build the future together because they love what they get to do every day.
Employee Benefits
DECEMBER 22, 2023
The personal finance benefits to married LGBTQ couples have expanded by leaps and bounds in the last decade since same-sex marriage was legalized. Yet, gaps in financial education and familial wealth still exist when LGBTQ couples are compared to their non-LGBTQ counterparts. These may include challenges when it comes to saving, investing, applying for loans and facing discrimination when working with financial intuitions or financial advisors.
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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.
Workplace Insight
DECEMBER 19, 2023
Employees have made it clear that they are keen for flexible working arrangements to stay. In fact, according to the Owl Labs 2023 State of Hybrid Work report, 40 percent of employees would decline a job if they were required to be in the office five days a week. With the festive season in full swing, employees will look to utilise the benefits of flexible working as they return home to their families.
Qandle
DECEMBER 16, 2023
Payroll refers to the process by which employers calculate and distribute compensation to their employees for the work they have completed. It involves various tasks, including calculating wages, withholding taxes and other deductions, and ensuring that employees receive their net pay. Payroll is a critical aspect of business operations, and its accuracy is essential for compliance with tax regulations and maintaining employee satisfaction.
Employee Benefit News
DECEMBER 19, 2023
Gen X workers have the biggest gap between their savings and what they think they need to save for retirement than any other generation in the workforce.
Employee Benefits
DECEMBER 19, 2023
According to the Financial Conduct Authority (FCA) [1] , 10.9 million adults in the UK (21%) felt that keeping up with their bills and credit commitments was a heavy burden, which was up 3.1 million compared to the 7.8 million the year previous (15%). The Bank of England has also recently reported that nearly 5 million UK households are facing an average £2,900 increase in their annual mortgage payments.
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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.
Workplace Insight
DECEMBER 17, 2023
A new survey from Acas claims that over two-thirds of employees (70 percent) are not aware of new flexible working rights that mean they will have a right to request flexible working from their employer from day one of their job next year. All employees who have worked for their employer for 26 weeks or more currently have the right to ask if they can work flexibly.
InterWest Insurance Services
DECEMBER 21, 2023
The explosion in demand for new, costly and highly effective weight-loss and diabetes drugs is poised to play an outsized role in increasing the cost of health care, and in turn, health insurance in America. These groundbreaking drugs — the most popular sold under the brand names Mounjaro, Ozempic and Wegovy — are partly to blame for overall pharmaceutical benefit costs jumping 8.3% in 2023, compared to an increase of 6.4% in 2022, according to a report by Mercer.
Employee Benefit News
DECEMBER 21, 2023
Whether wrapping up yearly reports — or presents — employees can use some help when it comes to making sure their kids are covered while they work.
BetterUp
DECEMBER 20, 2023
Jump to section 6 healthy habits to adopt Eat nutrient-rich foods Ditch the cigarettes Sleep well Drink less alcohol, drink more water Get regular exercise Practice self-care and self-compassion 3 ways to start building healthy habits The beginning of a new year is often a time for reflection. It’s a time to deeply examine your own habits and identify ways you can make changes for the better.
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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.
Workplace Insight
DECEMBER 17, 2023
New research by the British Chambers of Commerce Insights Unit and technology firm Cisco, shows less than 30 percent of firms expect their workforce to be fully in person over the next five years. The survey of over 1,000 businesses, of which 96 percent were SMEs, found just 27 percent of respondents predict their staff will be fully in-person over the next five years. 47 percent anticipate their staff to be mostly in-person, 16 percent expect mostly remote and 8 percent fully remote.
Benefit Resource Inc.
DECEMBER 21, 2023
We’re coming up on the end of the plan year for many FSA participants. If you have unused FSA funds, it can be a somewhat stressful time with the “use it or lose it” concern looming ahead. But it doesn’t need to be. There are plenty of FSA eligible items you can stock up on to defend against seasonal illnesses like the flu and common cold.
Employee Benefit News
DECEMBER 20, 2023
Degree Choices analyzed data from the Office of Federal Student Aid, ranking which states had the highest average student debt per borrower.
InterWest Insurance Services
DECEMBER 20, 2023
Every year starts with a number of new laws and regulations that will affect businesses in California. This year is no different. This is part II of a two-part series. 6. No more non-competes Under two new laws, non-compete agreements with employees are expressly illegal starting in 2024 and if an employer requires one be signed, it could provide grounds for a lawsuit by the worker.
Advertiser: Paycor
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!
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