Sat.Feb 18, 2023 - Fri.Feb 24, 2023

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The Intersection of DEI in Benefit Plans

International Foundation of Employee Benefit Plans

As the workforce continues to become more diverse, employers must review their benefit plans regularly to ensure that diversity, equity and inclusion (DEI) continue to be represented. In a recent. Read more > The post <strong>The Intersection of DEI in Benefit Plans</strong> appeared first on Word on Benefits.

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What is employee benefits administration?

PeopleKeep

Offering employee benefits is crucial for organizations to attract and retain top talent and ensure they stay competitive. But before you design your compensation package, you need a plan for managing your benefits to make sure they’re maintained properly. This is where benefits administration comes into play. Benefits administration starts with choosing the benefits and perks you want to offer, but it doesn’t end there.

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The top 10 employee benefits in the UK

Employee Benefits

A good employee benefits package could play a big part in what makes a business successful – how many companies know the top 10 employee benefits in the UK? Not every staff member will have the same wants or needs. But get your employee perks package right and you’ll attract top talent, keep existing staff motivated, improve company culture and overall employee wellbeing.

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The Benefit & Rewards Spree: Different Strategies, One Delivery

Sodexo Engage

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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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15 companies with 4-day workweeks hiring remote workers

Employee Benefit News

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What does coinsurance mean in health insurance?

Higginbotham

You’re reading your health insurance policy and come across a coinsurance clause. You’re not sure how it impacts the coverage – what does coinsurance mean? Here’s what you need to know about this common insurance term. Cost Sharing in Insurance Although insurance companies take responsibility for many of the costs that arise, policyholders are also responsible for some out-of-pocket costs on top of the premium.

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IRS Finalizes Rules to Lower Electronic Filing Threshold for 2024

PayrollOrg

The IRS finalized regulations to reduce the threshold for filing information returns (e.g., Forms W-2, 1099) electronically from 250 to 10 for returns to be filed on or after January 1, 2024.

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What is pay equity? Defining the problem before it can be addressed

Business Management Daily

Do you know the significance of March 14, 2023? The National Committee on Pay Equity has designated this date as Equal Pay Day. It symbolizes how far into the year women must work to earn what men earned in the previous year. The organization encourages wearing red on this day to represent how far women are “in the red” with their pay. If that sounds troubling, realize that Equal Pay Day comes even later in the year for women of color.

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HHS Announces Record Number of ACA Marketplace Enrollments

McDermott Will & Emery Employee Benefits

On January 25, 2023, the US Department of Health and Human Services (HHS) announced that more than 16.3 million people nationwide selected an ACA Marketplace health plan during the 2023 open enrollment period that ran from November 1, 2022, until January 15, 2023, for most marketplaces. According to HHS, total plan selections include 3.6 million people […] The post HHS Announces Record Number of ACA Marketplace Enrollments appeared first on EMPLOYEE BENEFITS BLOG.

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Unleashing AI in Recruitment: The Ultimate Guide

Discover the power of AI in recruitment with Paycor’s complete guide. Learn how to streamline your hiring process, increase interview pipeline, uncover candidates other tools miss, and save time. Get ready to revolutionize your talent acquisition strategy today!

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What is Your Federal Income Tax Rate?

Money Talk

Knowing your tax rate can help you prepare a tax return and take action(s) to reduce your tax liability. Do you know your federal income tax rate? You may actually have several different tax rates (e.g., ordinary income, dividends, long-term capital gains), depending upon sources of taxable income. This post describes the different federal tax rates that apply to taxpayers.

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What Is Imposter Syndrome? Learn What it is and 10 Ways to Cope

BetterUp

Jump to section What is imposter syndrome? What causes imposter syndrome? Characteristics of imposter syndrome Types of imposter syndrome What kind of imposter are you? 15 questions to help you find out How to deal with imposter syndrome 10 tips for dealing with your imposter syndrome Bias and imposter syndrome The prevalence of imposter syndrome and why it matters “Any day now, they’re going to realize what a mistake they made in hiring me.

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IRS Releases 2023 Form 941, Schedules, and Instructions

PayrollOrg

The IRS released the 2023 Form 941, Schedule R, and their instructions, along with the instructions for Schedule B. The forms, which have minimal changes, are to be used beginning with the first quarter of 2023.

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The Art of Conducting Effective Remote Job Interviews

HR Digest

The COVID-19 pandemic has brought about many changes in the way we work, including the way we conduct job interviews. With remote work becoming the norm, remote job interviews have become a common practice. But how can HR professionals ensure that they are conducting effective interviews? Here are some tips to help you master the art of remote interviews.

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HR and Employee Healthcare Reform: Keys to Increasing Employee Wellness and Retention

Speaker: Mallory Herrin, CEO & Principal HR Consultant at HerrinHR

Your employees are your most valuable resource. If you want to retain employees and keep them happy, you want to make the incentives more valuable. With a full-stack employee experience, culture, health, wellness and benefits navigation solution, you can provide employees with the wellbeing support they need. The results? Employees who are happier, healthier, and more engaged, as well as a business that is thriving both internally and externally, every day.

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49% of Black employees are looking to change jobs. What are employers missing?

Employee Benefit News

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How to Support Emotional Health and Wellbeing at Work: Emotional Health Day 2023

Employee Benefits

Your people should be at the centre of your business. When they thrive, you thrive too. Supporting your people is essential for the success and longevity of a company. This is why Emotional Health day is a great reminder to look after your staffs wellbeing. Emotional Health day advocates an approach to life that equips and supports people to be emotionally healthy (1).

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Supreme Court Rules Highly-Paid Employee Owed Overtime, Not Paid on a Salary Basis

PayrollOrg

The U.S. Supreme Court ruled that a highly compensated employee was owed overtime under the Fair Labor Standards Act since he was paid a daily rate and not on a salary basis.

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Strategy Vs. Tactics: Defining and Leveraging Both

BetterUp

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Cancel Quiet Quitting: Detoxing Corporate Culture & Engaging Top Talent

Speaker: Jennifer Brick, Career Strategist and Author

Your employees have checked out. The last few years have been a wild ride, with countless changes to how we work and our workplace cultures, like the sudden shift to remote work, the return to office, and trends like quiet quitting. With productivity, profitability, and your employer brand on the line, leadership is turning to HR to engage employees and recreate your culture in different working models.

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Why Disney shifted to a value-based care model for its 77,000 Florida employees

Employee Benefit News

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Trial sees 92% of employers agree to continue four-day week

Employee Benefits

The majority (92%) of participants in the UK’s four-day week trial said they will definitely continue or are planning to continue with a four-day working week. Four Day Week Global, Four Day Week Campaign and Autonomy led a six-month trial of a four-day week, with no loss of pay for workers, since last year, surveying 75 employers and 1,751 employees.

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Find Tech Innovation at Next Payroll Solutions Showcase

PayrollOrg

The 3rd Annual Payroll Solutions Showcase (PSS) March 2-3 is a free, virtual event geared to U.S. and global payroll industry service providers and companies with payroll and HR technology needs. There, companies can find innovative payroll-related solutions for their specific payroll issues. Register today.

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How do you Approach an Employee Slacking Off?

HR Digest

A Gallup study in 2022 showed that only about 33% of employees in the U.S. are fully engaged in their jobs, leaving the remaining 77% disengaged. And this is very true because HR managers and employers alike have come across an employee slacking off at work at least once in their career path. It’s no news that many people often lose their focus and start slacking off at work, especially with the current human attention span of about 8.25 seconds, which is roughly 8 seconds.

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How Can You Aggressively Manage Benefits Affordability?

Speaker: Alex Anderson - Total Rewards Strategist at Lockton Companies | Leo Tokar - President, People Solutions and Partner at Lockton Companies

Benefit cost increases regularly eclipse all other costs for organizations, yet bringing costs down is illusive. Now corporate priorities are swinging from solely a focus on talent to the need to actively manage benefit expenses, but no one wants to reduce benefits or ask employees to pay more. Join two total rewards experts, Alex Anderson and Leo Tokar, for an in-depth discussion on tactics to efficiently and effectively control and manage benefit cost.

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Google issues desk-share edict as Disney staff demand return to office U-turn

TLNT

Google demands staff share desks… In a bid to improve its “real estate efficiency” – in other words, to spend less on office space – Google has announced it wants employees to share desks. In fact, it’s asking Googlers to buddy-up with someone else, and alternate the days they come into the office, to effectively ensure one desk accommodates two people.

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Rugby Football Union enhances parental leave policy

Employee Benefits

Credit: Gordon Bell / Shutterstock.com The Rugby Football Union (RFU) and the Rugby Players’ Association (RPA) have introduced an enhanced maternity, pregnant parent and adoption leave policy for contracted England Women’s rugby players. The initiative will ensure that the safety of the player and the unborn child are protected if they continue to be in the team, with a full risk assessment undertaken when a player announces they are pregnant.

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What Is the Law of Attraction, and Can You Use It to Change Your Life?

BetterUp

Jump to section What's the law of attraction? How does the law of attraction work? What are the ​​7 laws of attraction?

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Ditch the Monday Morning Commute: How Remote Work Can Benefit Your Employees and Business

HR Digest

Remote work is a hot topic and for a good reason. Not having to wake up early, endure traffic and arrive at the office sweaty and tired has proven to be a game-changer for millions of professionals. I can attest to this personally as I have been working remotely for the past five years, and it has significantly improved my work-life balance. In this article, we’ll explore how ditching the Monday morning commute can benefit your employees and business and how to implement a successful remot

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The 5 Types of Hourly Workers: An HR Guide to Recruiting and Retention

All hourly workers want similar things, but when it comes to recruiting & retention, it helps to understand personal motivations. Download Paycor’s guide to learn how to find & keep the 5 types of hourly workers.