Sat.Dec 09, 2023 - Fri.Dec 15, 2023

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5 benefits that will rule 2024

Employee Benefit News

The chief well-being officer from EY and chief people officer from Headspace reveal what benefits will be vital to employee productivity and retention.

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New flexible working rights to come into force next year

Workplace Insight

Plans to allow employees to request flexible working from their first day of employment are due to come into force from April 2024. Regulations have been laid before Parliament this week removing the requirement for 26 weeks’ service to ask for flexible times and places of work, due to come into effect on 6 April next year. Under the Flexible Working (Amendment) Regulations any requests made from 6 April do not need any service requirement, meaning that employees will be able to make a flexible

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What Are Excepted Benefits, and Should You Offer Them to Employees?

Patriot Software

Navigating through the waters of health insurance coverage is tricky. You might be wondering, Do employers have to offer health insurance? Although the Affordable Care Act (ACA) requires employers with 50 or more full-time equivalent employees to provide health insurance, no employer has to offer excepted benefits. But, many employers do offer excepted benefits.

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Minimum wage rates for 2024 by state

PeopleKeep

If you’re an employer hiring for the first time, knowing the minimum wage rate in your state is crucial. Even though there hasn’t been a federal minimum wage increase since 2009, many states have set their own minimum wage laws in more recent years that you must follow if you have employees or plan to hire in that location. This can be incredibly challenging if you’re operating a remote company with employees in multiple states.

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Creating a Company Culture of Care: Integrating Mental Health, Wellbeing, and DEI in Benefits

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.

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Target Benefit Plans: An Update on Where They Stand

International Foundation of Employee Benefit Plans

Although target benefit pension plans have been in a state of unknown for a while, they are now closer to having a permanent funding model with several new proposals currently under consideration. In 2015, the Office of the Superintendent of Financial Institutions […] The post Target Benefit Plans: An Update on Where They Stand appeared first on Word on Benefits.

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Twelve Signs That You Are Ready to Retire

Money Talk

Many older adults retire at the end of December to “start fresh” financially in a new calendar (and tax) year. Many younger adults wonder when they will be ready to retire and how they will know. Below is a brief discussion (in no particular order) of 12 signs of retirement readiness: Financial Preparedness - This includes adequate savings and other income sources (e.g., Social Security, pension, rent) as indicated by online tools like the FINRA Retirement Calculator.

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Artificial Intelligence: What HR Pros Can Do to Prepare For the Future

HR Bartender

Estimated reading time: 8 minutes Not a day goes by without some news about artificial intelligence (AI). The latest being the ouster – and return – of OpenAI CEO Sam Altman. The world of AI is exciting, dynamic, and full of potential. Just like human resources. Artificial intelligence is changing our jobs and the HR function. Regardless of where you and your organization are regarding AI adoption, it’s important to stay on top of the latest developments.

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Due Process and Service

Florida Workers' Comp

I am not much of a country music fan (sorry if that is your genre). But I had a news story hit my list yesterday that was intriguing. It involves someone who sings that music, and he is apparently well-known (I really need to get out more, perhaps). But, the interest is in the concept of due process that lies at the foundation of our constitutional republic and the way the adjudicatory process works.

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Half of HR teams to prioritise preparing for AI’s impact in 2024

Employee Benefits

More than half (55%) of HR teams say their top priority for 2024 will be preparing their organisation for the impact of artificial intelligence (AI) and automation, according to research by digital services and payments platform Edenred. Its annual People barometer 2023 also found that in 2024, 43% of respondents will prioritise support for employee wellbeing , followed by investment in employee engagement (36%).

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New DOL Final Overtime Rules: Quickstart Guide for Employers

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.

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NCSEA Offers Free Podcast on Child Support and Gig Workers

PayrollOrg

The National Child Support Engagement Association (NCSEA), in which PayrollOrg is a member, releases another free podcast on child support.

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The Evolving Job Market in the Eyes of a Recruiter

Vantage Circle

The recruiting landscape has shifted dramatically in recent years. Candidates now have far more power than they did just a few years ago. In fact, research shows that the current job market is almost 90% candidate-driven. This means that companies no longer have the luxury of picking talent; talent picks them. As a result, hiring qualified job candidates with in-demand skills, has become difficult.

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The Florida OJCC Today

Florida Workers' Comp

The 2022-23 Florida OJCC Annual Report is likely the most introspective annual review in the world of workers' compensation adjudication. It is a broad and deep analysis of where the adjudication process is and what its trajectory has looked like in the last year. The following is excerpted from the report, which is available in its entirety on the OJCC website , along with 23 prior renditions of this expose.

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Workplace innovation is boosted when managers have high social status

Workplace Insight

Social status of top management in a company is positively associated with innovation, including workplace innovation, due to greater access to resources for research and development (R&D), finds new research from UCD Lochlann Quinn School of Business (UCD Quinn School). The findings were first published in the journal R&D Management. Professors Luca Pistilli and Alessia Paccagnini, both from UCD Quinn School, and Ali Radford from Aston Business School collected the financial, ownership,

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6 Strategies to Navigate Social Determinants of Health for a Better Workplace

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.

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NCSEA Offers Free Podcast on Child Support for Independent Contractors

PayrollOrg

The National Child Support Engagement Association (NCSEA), in which PayrollOrg is a member, has released a free podcast on child support.

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Mirit Ehrenstein and Louise Mason: Changes to remuneration, pay transparency and diversity metrics in 2023

Employee Benefits

The end of 2023 saw considerable changes to regulation and guidance around many employment issues, including remuneration, pay transparency and diversity metrics. The bonus cap has been removed. This means that UK banks that had to limit variable remuneration to 200% of fixed pay are now permitted to pay bonuses at a higher level. The cap did not limit total pay and resulted in exerting upward pressure on fixed pay and reducing the share of pay at risk.

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Top 50 New Year Office Party Ideas

Vantage Circle

Get ready to ring in the New Year at the office! This blog is packed with the 50 best New Year Office Party Ideas for 2024 to make your celebration a hit. New Year marks the start of a beautiful journey—a day filled with fresh goals, joyful moments, and warm beginnings. As the first party of the year, let's cherish its significance. Explore this blog for top office New Year party ideas, including exclusive suggestions for remote teams and various company sizes to suit different budge

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Technology is stealing your time in ways you may not realise

Workplace Insight

Technology is supposed to make our lives easier. Smart phones provide a palm-size window to the world, enabling us to do almost anything at the touch of a button. Smart homes look after themselves, and virtual meetings mean that for many, time spent commuting is a thing of the past. So we should have more free time. Time which is now spent sleeping, relaxing or simply doing nothing – right?

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HR Trends to Watch in 2024 + Plus Advice for Driving Impact!

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.

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PayrollOrg Supports USCIS E-Verify NextGen Project

PayrollOrg

PayrollOrg commented in support of U.S. Citizenship and Immigration Services’ (USCIS) proposed new E-Verify NextGen service.

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Brewers Decorator Centres supports and values neurodiverse staff

Employee Benefits

Decorators merchant Brewers Decorator Centres demonstrates support for its neurodiverse employees through a dedicated policy that recognises the strength and opportunities a workforce of this kind can bring. The organisation, which has more than 200 sites across the UK and Jersey and 1,500 employees, introduced a neurodiverse policy in written, video and dyslexia-friendly formats in November 2023.

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What Is HR Information Systems, A Comprehensive Guide to HR Information Systems

Qandle

Human Resources Information Systems (HRIS) are software solutions designed to streamline and enhance various HR functions within an organization. These systems integrate and automate processes related to human resource management, providing a centralized platform for managing and accessing HR-related data. HRIS serves as a comprehensive database for employee information and supports a wide range of HR activities.

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Government brings forward plans to relocate 22,000 jobs away from London

Workplace Insight

The UK Government is bringing forward its target to relocate 22,000 civil service roles out of London. It comes as new figures today show that 16,061 roles have already been moved out of London, exceeding the commitment to relocate 15,000 roles by 2025 as part of the Places for Growth programme. Under the newly announced plans, Aberdeen, Darlington and Greater Manchester are to host second headquarters for major departments.

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Improving Access To & Utilization Of Cancer Screening With Color

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.

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The Evolution of Work: Unveiling 10 Hybrid Workforce Best Practices

Vantage Circle

With the emerging need and popularity of a hybrid work arrangement, many of you are definitely curious to learn about this drastic shift in work arrangement. Along the lines of curiosity, a sense of confusion has also taken over. You may be questioning what comprises a hybrid workforce in particular. So, to be very precise, a hybrid workforce is a blend of a workforce where- A section of employees work exclusively from remote locations.

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How to support employees with neurodiverse conditions

Employee Benefits

Some neurodiverse conditions can be considered a disability under the Equality Act 2010, so employers have a legal duty to make reasonable adjustments. Employers can put tools in place to holistically support neurodiverse employees’ mental wellbeing. Biases in performance evaluations or promotion should be removed as they are not conducive to a workplace that is fair for all employees.

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The Power of HR Management Information Systems

Qandle

In the fast-paced world of business, Human Resources (HR) departments play a crucial role in managing a company’s most valuable asset – its people. The advent of technology has transformed HR processes, and one of the key innovations is the HR Management Information System (HRMIS). This blog explores the significance of HRMIS, its functionalities, and the myriad benefits it offers to organizations aiming for efficient workforce management.

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Get Workplace Insight weekly straight to your inbox

Workplace Insight

Get the best of the previous week’s news, features and commentary from Workplace Insight direct to your inbox by subscribing at the link below. In this week’s newsletter : news on the growth in the flexible working market, the impact of AI on middle class jobs, and how the final stage of your career might be one of disillusionment. There’s commentary on the most popular workplace stories from the past year and how tech is stealing your time.

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Individual Development Plan Template

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!