International Foundation of Employee Benefit Plans
MAY 4, 2023
Over the past several years, May 4 has skyrocketed in popularity as Star Wars Day—as in, “May the Fourth be with you.” In honor of May the Fourth, we thought it would be fun to continue the rebellion against convention by using Star […] The post In a Benefits Plan Far, Far Away appeared first on Word on Benefits.
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HR Lineup
MAY 2, 2023
The traditional work week of five days is being challenged by a new concept that is gaining popularity in various parts of the world. The four-day workweek is an innovative approach to productivity that aims to improve employee wellbeing and work-life balance. The concept has been in existence for some time, but it has gained momentum in recent years due to various reasons such as advances in technology, increased awareness of the importance of work-life balance, and the impact of the COVID-19 p
Professionals Alternative
MAY 4, 2023
Top Skills To Look For In A Payroll Executive Assistant Candidate Payroll assistants play an important part in ensuring that a company’s payroll is handled accurately and efficiently in the fintech sector. Payroll assistants’ roles are becoming more sophisticated and tough as fintech expands and advances. In this blog post, we will look at the main skills and competencies needed for payroll assistants in the fintech era, as well as how to find the best individuals for the job.
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!
International Foundation of Employee Benefit Plans
MAY 3, 2023
Research shows that one of the key hurdles for achieving retirement security is having access to a retirement plan at work. And, until recently, as many as 57 million people in the United States didn’t have access to an employer-sponsored retirement plan. […] The post <strong>State-Sponsored Retirement Savings Programs: What Employers Need to Know</strong> appeared first on Word on Benefits.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
PayrollOrg
MAY 2, 2023
Register for the webinar "Are Paycards and Earned Wage Access Synonymous?" on Tuesday, April 4 from 1:00 p.m. - 2:00 p.m. EDT.
McDermott Will & Emery Employee Benefits
MAY 4, 2023
There has been a flurry of activity in Congress focused on healthcare issues over the last two weeks. Committees in both the US House and Senate held hearings on legislation focused on increasing transparency and competition in the healthcare system that could have significant impacts for certain healthcare providers, healthcare plans and pharmacy benefit managers. […] The post Healthcare Preview for the Week of May 1, 2023 appeared first on EMPLOYEE BENEFITS BLOG.
Employee Benefits
MAY 4, 2023
Social care charity Making Space has increased pay by 10%, or the equivalent of £1,950 per year for full-time staff, in order to bring wages up to the level of the living wage. Employees at social care services run by the charity, amounting to more than 1,000 people across England, received the raise in their April 2023 pay packets. Making Space confirmed that it will pay all employees nationwide a minimum of £10.90 per hour.
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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.
Money Talk
MAY 4, 2023
Today, I presented a general session program for financial educators and researchers at an online professional conference. My chosen topic was Ten Trending Topics in Financial Education. Below is a brief description of the ten trends that I discussed: Inflation- The U.S. had an ascending 5% inflation rate (CPI) in May 2021 and a descending 5% CPI in March 2023 and many higher inflation rates in between.
PayrollOrg
MAY 4, 2023
The California Department of Financial Protection and Innovation issued proposed regulations that would govern earned wage access. Comments on the proposed rules are due to agency by May 17.
Business Management Daily
MAY 3, 2023
Poor communication in the workplace can happen at any and every level. Regardless of whether it involves top brass or a brand-new hire, the result is often an undesirable mess. But what does poor communication look like? Many people might explain it differently, yet we typically recognize it when we see it. In order to improve communication , it’s necessary to understand what poor communication skills look like and their negative impact on the workplace.
HR Digest
APRIL 30, 2023
Monday blues are a common phenomenon, affecting many people as they start a new week at work. Feeling demotivated, overwhelmed, or simply dreading the week ahead can make it difficult to get back into the work groove. If you’re wondering how to beat blue Monday and improve mental health, then we’ve got you covered. There are several strategies you can use in beating the blue Monday dilemma and start your week right.
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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.
Proskauer's Employee Benefits & Executive Compensa
MAY 4, 2023
A third district court has dismissed with prejudice a complaint alleging that defendants breached their fiduciary duties under ERISA by offering 401(k) plan participants the option to invest in BlackRock LifePath Index Target Date Funds (the “Funds”). Beldock v. Microsoft , Case No. 22-cv-1082 (W.D. Wash. Apr. 24, 2023). Although the outcome of the court’s ruling here is consistent with earlier decisions, the rationale underlying the Beldock decision arguably goes further than in prior rulings
PayrollOrg
MAY 2, 2023
From March 20-21, the APA will hold the 2023 Capital Summit in Arlington, Virginia. This premier event will include sessions on state payroll topics and the chance to get updates from federal and state agency experts.
Employee Benefits
MAY 3, 2023
Need to know: A relationship breakdown can be traumatic, adversely affecting an employee’s mental health and performance. A wide range of support tools are available including employee assistance programmes (EAPs), concierge services, legal advice and flexible working. Making separation a life event can make it easier for employees to make changes to benefits as well as helping to raise awareness of support.
Vantage Circle
MAY 2, 2023
Picture a workplace where the talent you need is already at your fingertips. No need to scour resumes or sit through endless interviews; you can find your next star employee by simply looking around. That's the beauty of quiet hiring - promoting from within the organization instead of hiring from outside. By tapping into the existing talent pool , employers can nurture and grow their employees' skills, build loyalty and engagement, and foster a strong sense of community within the work
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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.
HR Digest
MAY 4, 2023
Remote work has been a growing trend for several years, but the COVID-19 pandemic accelerated this trend significantly. The sudden shift to remote work forced many companies to adapt quickly to a new way of working, and the results have been mixed. Some companies have found that remote work can be highly effective, while others have struggled with the challenges of managing remote teams.
PayrollOrg
MAY 2, 2023
Nominations for the Global Payroll Management Institute’s (GPMI) 4th Annual Global Payroll Titan Award close on Tuesday, 21 March 2023. The award is intended to identify outstanding global payroll professionals nominated by their own peers in the industry.
Employee Benefits
MAY 3, 2023
Launched in 2010 as the first new high street bank in more than 100 years, Metro Bank now employs nearly 4,500 people across the UK. To show its support for employees going through separation, it signed up to the Positive Parenting Alliance’s HR Initiative when it was launched in January 2023. Khushboo Patel, head of engagement and inclusion at Metro Bank, says: “Our colleagues are at the heart of what we do and we want them to feel supported whatever they are going through in their lives.
WEX Inc.
MAY 4, 2023
The IRS requires your flexible spending account (FSA) participants to submit documentation to prove their purchase was an eligible expense. The IRS emphasized these requirements and potential penalties for employers not meeting the requirements when releasing an Office of the Chief Counsel memorandum last week detailing medical expense claim substantiation for medical FSAs and dependent care FSAs.
Advertiser: Paycor
Benefits are central to any HR strategy. A strong benefits package attracts top talent, boosts engagement, and retains top performers.
Flimp Communications
MAY 4, 2023
Lower medical costs alone justify an investment in employee wellness, but that’s hardly the end of the story. What about productivity? The post The Connection Between Wellness and Productivity: Insights for HR Managers appeared first on Flimp.
PayrollOrg
MAY 2, 2023
The California Employment Development Department has announced that it is waiving penalties for employers that are unable to make payroll deposits timely due to the Silicon Valley Bank failure.
Employee Benefits
MAY 3, 2023
The Employment (Allocation of Tips) Bill, or Tipping Bill, has received royal consent and passed into law, making the withholding of tips from staff illegal. The government predicted that this would protect more than two million employees, as well as allowing them to view an employer’s tipping record. It also suggested that this would free up £200m per year of otherwise deducted tips, to go back into the pockets of employees.
AssuredPartners
MAY 4, 2023
Construction is a trillion-dollar industry, but construction can’t happen without subcontractors. With specialized skills, such as plumbing, electrical work, carpentry, and roofing, subcontractors allow general contractors to focus on managing the projects while adjusting their workforce to meet project demands. Because subcontractors are a vital part of the construction industry, it’s important to recognize and address their challenges.
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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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