Employee Benefits
MAY 22, 2023
What is private medical insurance (PMI)? PMI is a type of insurance designed to cover medical expenses incurred during illness or injury, such as operations, consultations, diagnostic investigations and tests. It traditionally involved full medical underwriting or a moratorium, meaning it can cover pre-existing conditions, unlike other types of healthcare plans.
Employee Benefit News
MAY 25, 2023
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Higginbotham
MAY 24, 2023
One of the first and most important responsibilities embraced by every breadwinner is life insurance. As soon as you have loved ones depending on your income and sharing the obligation of your debts, you can provide them with guaranteed protection from the potentially devastating financial losses that could occur in the event something happens to you.
PayrollOrg
MAY 22, 2023
The SSA/IRS Reporter, second quarter 2023, contains two articles written by PayrollOrg on the IRS’s lowered electronic filing threshold beginning in 2024 and valuating digital assets for federal tax purposes.
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Performance reviews are a proactive way to engage with your employees, provide clear communication about expectations, and acknowledge them for their hard work. But getting the right framework and creating consistency across your organization can be tricky. We put together this checklist to help you evaluate your current performance review process and equip managers with the right tools to perform individual assessments.
InterWest Insurance Services
MAY 23, 2023
The California Civil Rights Department (CRD) recently released a detailed set of frequently asked questions about a new bereavement law that requires employers in the state with five or more workers to provide leave for up to five days to a worker who loses an immediate family member. The law, which took effect Jan. 1, 2023, covers bereavement leave upon the death of a: Spouse Child Parent Sibling Grandparent Grandchild Domestic partner, or Parent in-law.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Employee Benefit News
MAY 23, 2023
Employee Benefits
MAY 22, 2023
Law firm Travers Smith and project, engineering, and technical services business Wood have been shortlisted for Best flexible benefits plan at the Employee Benefits Awards 2023. This category was created to recognise a successful strategy that has effectively delivered a flexible benefits plan. This can include plans that operate within a set enrolment period, as well as any-time enrolment.
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Are you looking for ways to enhance your employee value proposition? Gallagher Better Works SM Insights has got you covered! Dive into the latest magazine issue and discover how flexibility, equity, recognition and strategically applied resources can improve your total rewards package. Download the PDF to learn more about: Building retirement benefits for a global and mobile workforce Promoting employee and organizational growth through succession planning Empowering women in leadership through
Money Talk
MAY 24, 2023
I recently attended a virtual conference sponsored by FERMA , which included dozens of sessions about topics of interest to personal finance educators and researchers. Below is a summary of new and/or useful information that caught my attention: Fast Fashion - Key characteristics are short production and distribution lead times, highly fashionable product design through continuous trend spotting, and a sense of urgency and scarcity so consumers make frequent purchases.
PayrollOrg
MAY 26, 2023
Effective for wages paid on or after January 1, 2023, Idaho withholding tables have been revised to reflect a reduction in the personal income tax rate. Employers should begin using the tables immediately but do not have to adjust withholding going back.
Florida Workers' Comp
MAY 25, 2023
Nostalgia. It surrounds us. The older we get, the thicker it swirls perhaps. Remember Mrs. Robinson ? For that matter, does anyone even remember Simon and Garfunkel? "Where have you gone, Joe DiMaggio? Our nation turns its lonely eyes to you" Joe was a baseball player. Baseball was a relaxing, some say tedious, method of passing an afternoon. It was once the national pastime , but that time has passed.
BetterUp
MAY 25, 2023
Feeling like all you do is work? You’re not alone. Several statistics show that more than 60 percent of U.S. employees feel like their work-life balance is out of whack. But how do you balance your work-life with so much work happening at home? And how do you balance your workload to be more efficient? Is it more than just hitting a weekly yoga class ?
Advertiser: Paycor
HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.
Employee Benefits
MAY 24, 2023
Manchester-headquartered logistics services business Cardinal Global Logistics has transitioned to an employee ownership model to mark 25 years in business. The business, which employs more than 400 employees, aimed to create an environment where every member of staff has the same opportunity to become a partner in its democratisation model, sharing in the profits it generates each year.
Proskauer's Employee Benefits & Executive Compensa
MAY 26, 2023
In Central States v. Wingra , No. 21-cv-3684, 2023 WL 199360 (N.D. Ill. Jan. 17, 2023), the district court held that an employer expelled from a multiemployer pension plan may not owe withdrawal liability because the permanent cessation of the employer’s obligation to contribute was not voluntary. While the court subsequently limited the decision as being for discovery purposes only ( see Central States v.
HR Digest
MAY 26, 2023
Creating an LGBT-friendly workplace isn’t just the right thing to do, it makes business sense, too. “Inclusive workplaces ensure employees are safe, respected and able to fully contribute” says Jackie Ferguson, Head of Content & Programming at The Diversity Movement. As LGBTQ professionals are more able to be out at work, it’s every company’s responsibility to make its queer-friendly workplace by improving LGBTQ+ inclusion at work and creating an inclusive work culture to make queer em
Florida Workers' Comp
MAY 21, 2023
I hate these posts. I am compelled and driven to write them but hate these posts. In January 2022, I marked the passing of Judge Dietz. I admired him and his quirky humor. I noted then the death of several others such as Douglas Myers , Jack Langdon , Bob Barrett, and Hon. Joseph Farrell. I am tired of these events and feel the weight of age each time I sit to pen one.
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As HR and Benefits leaders are in the midst of evaluating cancer care solutions and designing their requirements for vendors, it’s key to know what questions to ask to ensure the development of a truly comprehensive strategy: from prevention to diagnosis to treatment to survivorship. Getting to the right answers starts with asking the right questions: How can better access improve engagement?
Employee Benefits
MAY 26, 2023
The Neonatal Care (Leave and Pay) Act, the Carer’s Leave Act and the Protection from Redundancy (Pregnancy and Family Leave) Act have received Royal Assent. Once in force, these government-backed bills will support vulnerable workers and parents during difficult times. The Neonatal Care (Leave and Pay) Act, introduced by Stuart C McDonald MP, will allow eligible employed parents whose newborn baby is admitted to neonatal care to take up to 12 weeks of paid leave, so that they can spend more time
BetterUp
MAY 25, 2023
Jump to section Why recruiters and hiring managers ask this question 5 tips for a supervisor position interview Benefits of being a supervisor “Why do you want to be a supervisor?
HR Digest
MAY 25, 2023
HR digital transformation is a hot topic for many HR professionals , and it should be, since digital technology has the potential and ability to transform HR as we know it. One of the key themes for many organizations in the next 10 years will be digital transformation. Digital adoption and transformation is a key development for most organizations in their strategic goals.
BerniePortal
MAY 25, 2023
Veterans have it hard enough when they return home. Many experience life-changing injuries while in the armed forces, and it can be difficult to manage medical needs and expenses once stateside. According to the Bureau of Labor Statistics, 27% of veterans have a disability incurred while in service, and 2.8% are unemployed. Between the stresses of disabilities and unemployment, veterans face a tough challenge re-entering their communities.
Advertiser: Barley
Compensation is one of your biggest expenses as a business, but it is also your biggest investment in your people and your culture. A great compensation strategy can be an incredible asset that supports your business goals and lays a foundation of trust between your company and your employees. Whether you already have a compensation strategy in place or you’re building one from scratch, this guide will help you level up your approach through these 6 steps: 1.
Employee Benefits
MAY 22, 2023
Retailer Marks and Spencer has introduced a neonatal policy with immediate effect to allow those with babies who need neonatal care to benefit from extra leave and pay without using up maternity, paternity or adoption leave. The policy was introduced as part of a focus on providing more support and flexibility to staff to avoid missing out on moments that matter.
Workplace Insight
MAY 24, 2023
The restrictions brought about by COVID-19 altered where we work and thus also how, when and through which channels we do work related activities. These changes radically altered the way previously office-based workers thought about ‘work’ as an activity. This new era of hybrid working had a significant impact on traditional models of workplace provisioning.
HR Digest
MAY 24, 2023
In a poignant turn of events, entertainment giant Disney has commenced its third round of layoffs, casting an unsettled shadow of uncertainty and anxiety over its divisions. Disney’s layoffs in 2023 will be handing over pink slips to 2500 employees. The division slated to be impacted by the impending Disney job cuts in round three remains shrouded in mystery.
Qandle
MAY 22, 2023
In today’s competitive job market, securing an interview is an important step toward landing your dream job. However, before you can impress your potential employer in person, you need to first ace the interview invitation email. This initial communication sets the tone for your interaction with the company, and a well-crafted email can significantly increase your chances of landing the interview.
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Hiring a new employee is an expensive and time-consuming process. According to the Society for Human Resource Management (SHRM), it typically costs $4,425 to hire a new employee — not to mention the 36 days the average team spends trying to fill a position. Yet nearly 1 in 5 employees (16%) of employees quit in their first week — and 17% leave after the first month.
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