InterWest Insurance Services

DECEMBER 21, 2023

Employers and insurers are now faced with the prospect of exploding drug costs if demand continues to boom and doctors write more prescriptions for them. What employers and payers can do While employers cover the use of GLP-1 drugs as a treatment for diabetes, the story changes when covering them for treating obesity.

Pharmaceutical 98

Pharmaceutical Employment Medical Food 98

McDermott Will & Emery Employee Benefits

APRIL 18, 2023

The law will become effective on January 1, 2024, requiring employers to utilize the remaining months of 2023 […] The post Illinois’ New Paid Leave Law: What Employers Need to Know appeared first on EMPLOYEE BENEFITS BLOG.

Paid Leave 81

Paid Leave Employment Utilities Employee Benefits 81

HR Digest

SEPTEMBER 14, 2023

Many aspire to work at companies like Google, not just due to the pay they offer but because there seems to be no dearth of provisions for engaging employee and employer relationships. The focus on employee welfare started post-World War II when retirement and pension plans appeared as the biggest forms of employer care.

Employment 98

Employment Health and Welfare Government Entertainment 98

Benefit Resource Inc.

APRIL 23, 2019

An HRA Account is an employer-funded account set up to assist employees with out-of-pocket medical expenses. Unfortunately, too often, neither of these things happen and employers see over-utilization and misuse of HRA funds by employees. A 50/50 split shows equality between the employer and employees. Making a choice.

Utilities 74

Utilities Deductions Deductible Benefits Package 74

InterWest Insurance Services

JULY 13, 2023

Employers who were surveyed for a new report expected that group health insurance premiums would increase 5.4% In fact, 64% of large employers (with 500 or more workers) plan to enhance their health insurance and well-being benefits to stay competitive for talent and to keep their staff happy, Mercer found. copay plan). copay plan).

Employment 98

Employment Out of Pocket Cost Health Insurance Health Savings Account 98

HR Digest

SEPTEMBER 16, 2023

Health benefits for employees are proving to be a huge investment for employers , with total health benefit cost per employee expected to rise 5.4% The rising costs have been a result of increased use for the treatment of diabetes, but also a trend of utilizing the drug for weight loss. on average in 2024.

Health and Welfare 85

Health and Welfare Employment Healthcare Pharmaceutical 85

Best Money Moves

NOVEMBER 18, 2020

The different kinds of employer student loan repayment programs and why more employers plan to add them. Employers who are considering adding student loan repayment benefits in 2021 should review the different types of programs that are available and zero in on the one that’s right for their workforce. trillion in student debt.

401(k) 104

401(k) Employee Benefits Employment Finance 104

Employee Benefits

NOVEMBER 10, 2023

UK employers could be spending up to £15 billion a year on employee benefits that do not resonate with their staff, according to research by Isio and YouGov. The post UK employers could spend up to £15bn on benefits staff do not want appeared first on Employee Benefits.

Pension 64

Pension Benefits Package Employment Education 64

Business Management Daily

SEPTEMBER 22, 2021

Some employers start as early as September. Most employees elect coverage through their employer, but some may be eligible for marketplace coverage as well. Most employers have an open enrollment period of at least 2 to 4 weeks. Open enrollment typically occurs in late fall in October or November. Make any necessary additions.

Employment 90

Employment Benefit Providers Deductions Deductible 90

WEX Inc.

MARCH 20, 2020

As an employer, HR leader or benefits administrator, you know that the decisions and actions you take in tough times mean the most to employees. During this time, or other periods of uncertainty, employees look to their employer for reassurance, compassion and guidance.

Employment 89

Employment Utilities Employee Wellness IT 89

Business Management Daily

JANUARY 24, 2024

Their hard work has paid off and they are being recognized by their employer. But sometimes employers offer promotions without an increase in pay, a growing phenomenon called dry promotions. One thing to keep in mind is that switching employers is typically the best way for an employee to obtain a large increase in pay.

Employment 52

Employment Pay Raise Salary PTO 52

Global People Strategist

FEBRUARY 16, 2022

Innovation, equality, and sustainable business practices are just a few reasons why Sweden has become one of the most appealing countries for employment all over the world. Employment Benefits in Sweden. From day 1 to day 14, the employer pays the sick days at 80% of the employee’s total salary. Employer’s Contributions.

Employment 52

Employment Parental Leave Paid Vacation Paid Leave 52

Employee Benefits

FEBRUARY 24, 2022

Sector analysis highlighted that since 2018, hospitality and leisure (0.41%), manufacturing (0.41%) and energy and utilities (1.23%) have the lowest rate of reporting. The post Number of employers reporting ethnicity pay gaps plummets appeared first on Employee Benefits.

Employment 72

Employment Manufacturing Hospitality Utilities 72

The Workcomp Writer

JUNE 28, 2022

In 2016, the employer requested review of Sheppard’s ongoing health care treatment and service for medications prescribed by Dr. Eva Dickinson. On August 1, 2017, the IAB affirmed the decision of the utilization reviewer and found that Dr. Dickinson failed to substantiate the reasonableness and necessity of her treatment related to Sheppard.

Employment 61

Employment Medical Utilities Compensation System 61

Griffin Benefits

JULY 29, 2022

To keep rising group medical premiums as low as possible, employers have, for years, aggressively promoted preventive medical care. Accordingly, employers are struggling to respond to this surge in employee health care usage in a cost-effective manner. Here are strategies to help employers with these issues.

Medical 78

Medical Employment Education Hospitality 78

Assurance Agency

JUNE 21, 2023

Here are the key takeaways on the current version of the Bill: The Bill would require employers with 15 or more employees to include pay scale and benefits information for a position in any job posting. The law would only apply to job postings issued on or after that date. Penalties can range from $250 to $10,000 per violation.

Employment 52

Employment Salary Insurance Utilities 52

Employee Benefits

APRIL 12, 2024

For its study, the computing and tech retailer analysed 268 cities around the world and ranked them on their monthly rent, basic utility price per month, broadband speed, safety index, and the length of stay allowed for UK citizens. on average and utilities around £44.31 Chiang Mai in Thailand ranked second, earning a score of 37.45

Utilities 59

Utilities Taxes Retail Employee Benefits 59

Money Talk

JANUARY 4, 2024

Employer Match- This is money contributed to employees’ retirement savings accounts to match what they save. Unclaimed Money - This is money held by state governments from a variety of sources including bank accounts, utility deposits, pension benefits, and insurance policies. It may or may not be taxable when reclaimed.

Life Insurance 170

Life Insurance Pension Benefit Retail Taxes 170

HR Digest

JANUARY 4, 2021

As we approach another year, California employers should reexamine their employee handbook to ensure that it is up to date. What are the primary revisions that should be made to keep up with the most recent employment laws? The post California employers face new employment laws in 2021. FMLA Obligations.

Family and Medical Leave Act 52

Family and Medical Leave Act Employment Medical Utilities 52

Global People Strategist

AUGUST 3, 2020

The new Act introduces the following changes: Employees will now earn concurrent holidays and will be entitled to utilize them on the go. days per month and utilize them each month or at the end of the year. Since January 1st, 2019, the law has been in its transition phase and will become fully effective from September 1st, 2020.

Parental Leave 52

Parental Leave Employment Paid Leave Utilities 52

HR Digest

FEBRUARY 25, 2023

As an HR professional, I highly recommend utilizing LinkedIn’s features to job seekers looking to advance their careers. In this article, we’ll explore some of the most valuable LinkedIn features that job seekers should be utilizing.

Utilities 122

Utilities IT Media Salary 122

Workplace Insight

JANUARY 25, 2023

A large majority (84 percent) of employees are experiencing stress and anxiety due to the cost-of-living crisis, yet two-thirds of employers aren’t offering any financial or emotional support. percent considering leaving their current job if their employer doesn’t recognise their financial struggles or does nothing to support them.

Employment 52

Employment Food Utilities 52

Global People Strategist

MAY 18, 2021

In this article, we explore the different employment benefits for each workplace to provide: Minimum Wage. For employees that have an indefinite term employment contract, the wages have to be paid every month, at the end of the month, depending on the last working day. Working Hours. Maternity Leave.

Employment 52

Employment Overtime Medical Utilities 52

Money Talk

NOVEMBER 25, 2023

For example, our employer could be hacked or our utility company or a hospital or hotel that we recently stayed at. Beware of Pretexting - Many fraudsters trick victims into believing they represent a financial institution, utility company, or government agency. What to do?

Banking 126

Banking Utilities Electronics Hospitality 126

Hppy

SEPTEMBER 2, 2021

The benefits of flexible working for employers. There are a few elements that led to employers making the shift towards a more “relaxed” way of working, one of which is the financial element, with employers seeing WFH as an opportunity to cut costs. The post Is flexible working the future of employment?

Employment 73

Employment Work From Home Utilities Employee Retention 73

Business Management Daily

OCTOBER 18, 2022

We demand employers take employee work-life balance seriously. The importance of work-life balance to employers. Where do employers fit into all of this? Many modern job seekers have the luxury of being choosy and are taking the time to identify employers that mesh with their lifestyle needs. Grant PTO and vacation time.

Employment 98

Employment IT PTO Work From Home 98

Empuls

SEPTEMBER 28, 2023

Yet, behind the allure of cityscapes and rolling hills, there's a pressing concern that affects both employers and employees alike: the ever-evolving cost of living. The good news is that the research into market trends indicates a high level of willingness among employers to assist their workforce.

Bonuses 40

Bonuses Employment Transportation Taxes 40

Money Talk

AUGUST 10, 2022

Tax Withholding Adjustments - Adding income from employment to what could be multiple streams of income in later life (e.g., Higher Income Tax Payments- Again, adding employment income to several other income sources in later life can place taxpayers in a higher tax bracket. food, gas, utilities, housing, etc.)

Disability Insurance 246

Disability Insurance Taxes Health Insurance Pension 246

Professionals Alternative

DECEMBER 28, 2023

[link] 101: Essential Strategies for Thriving in Today’s Competitive Job Market Introduction to the current job market In today’s competitive job market, finding employment can be a daunting task. With more people than ever seeking employment, standing out from the crowd is crucial.

Utilities 52

Utilities Employment Technology IT 52

Employee Benefits

FEBRUARY 24, 2022

Sector analysis highlighted that since 2018, hospitality and leisure (0.41%), manufacturing (0.41%) and energy and utilities (1.23%) have the lowest rate of reporting. The post Number of employers reporting ethnicity pay gap plummets appeared first on Employee Benefits.

Employment 52

Employment Manufacturing Hospitality Utilities 52

AssuredPartners

NOVEMBER 22, 2022

Does it make sense to utilize an existing plan or is there a need to create an entirely new offering? Would integration cost more? Does the acquisition target have any high-cost claimants that would drastically increase the cost of the combined group health plan? Integration timeline.

Health and Welfare 59

Health and Welfare Employment Deductions Deductible 59

BerniePortal

OCTOBER 27, 2020

In the United States, 52% of workers do not fully utilize their allotted PTO days, which leaves many employers with a floating balance of unused time off. What if an employee leaves before using all of their PTO days, are employers responsible for paying out this balance?

PTO 53

PTO Employment Utilities 53

HR Professionals Magazine

MAY 2, 2022

with specialty drugs accounting for over 50% of total drug spend for most employers. Specialty drug utilization has remained consistent over the last 10 years however, the mix of drugs has changed significantly, as new higher cost drugs came to market and drove price increases of other drugs in the same class.

Pharmaceutical 52

Pharmaceutical Employment Healthcare Medical 52

Money Talk

JANUARY 18, 2023

Not surprisingly, much of the news was negative; e.g., soaring prices for food, gas, utilities, cars, insurance, and more. Increased Savings Contribution Limits - Maximum limits for employer retirement plans (e.g., The year 2022 was chock full of news about inflation, with a year-to year Consumer Price Index increase of 9.1%

401(k) 245

401(k) Banking Deductions Deductible 245

Empuls

SEPTEMBER 28, 2023

It has become imperative for employers to support employees and their families to help sustain and overcome this global challenge. Employers and employees need to work together by utilizing an effective communication channel and helping the management develop the most appropriate solutions to address these issues.

Employment 40

Employment Health and Welfare Healthcare 401(k) 40

PeopleStrategy

FEBRUARY 7, 2024

Invest in New Technology While there can be startup costs for technology investments, new technology enables employers to automate manual processes and reduce human error. Embrace Outsourcing If using digital resources is not an option for your organization, consider utilizing outside help.

Utilities 52

Utilities Human Resources Payroll Employee Retention 52

Benefit Resource Inc.

JUNE 27, 2023

. #2 Eligible Expenses for Mass Transit and Parking When you’re electing commuter benefits, you’ll want to understand the eligible expenses covered through your employer’s program. This can make it difficult for employees that have extended commutes or utilize multiple transit systems. Calculate your savings.

Taxes 97

Taxes Utilities Benefit Providers Employment 97