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Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

In today's tough job market, businesses need to attract and keep the best employees to succeed. In 2023, employee benefits are important for businesses. Welcome to “Employee Benefits Guide for 2023: What Employers Need to Know.” Why Are Employee Benefits Important?

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HR Rules and Regulations: A Guide to Compliance

HR Digest

It is essential for HR professionals to understand the various laws that safeguard protected classes of individuals, including the following: Age Discrimination in Employment Act: This law protects individuals aged 40 and above from age-based employment discrimination.

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Chipotle Mexican Grill introduces financial and mental wellbeing benefits

Employee Benefits

These include a SupportLinc employee assistance programme, supplied by by CuraLinc Healthcare, which includes six free sessions with a licensed counsellor or mental health coach, as well as access to tools, resources and community support for legal, financial and family matters.

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The American Rescue Plan Act: COBRA Subsidies and Other Employee Benefit Changes

McNees

The American Rescue Plan Act of 2021 (the “Act”) was signed into law on March 11, 2021. The Act increases the amount an employee can exclude from the employee’s income and contribute to a dependent care assistance plan from $5,000 to $10,500 for the year 2021 only. Single Pension Plan.

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Musab Hemsi: When it comes to baby loss, employers should not forget about fathers

Employee Benefits

Time off after a bereavement is not specifically catered for in law, but most employers do offer compassionate leave, although some only pay the statutory amount. If the psychological impact on a bereaved employee is prolonged or severe, they could be considered disabled, and that is when the Equality Act kicks in.

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17 Essential Employee Benefits Ideas to Boost Morale and Productivity

Empuls

According to a recent study by HBR , 80% of employees say that benefits are a significant factor in deciding whether to accept a job offer, and 60% of employees report that benefits are a major reason for staying with their current employer. What are employee benefits?

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February 2024 HR Update

Higginbotham

Worker Reclassification – Impact on Employee Benefits As mentioned in last month’s HR update, on Jan. Department of Labor (DOL) issued a final rule implementing a tougher analysis for worker classification under the Fair Labor Standards Act (FLSA). 10, 2024, the U.S.