McDermott Will & Emery Employee Benefits
OCTOBER 19, 2022
On October 18, 2022, the Internal Revenue Service (IRS) announced cost-of-living adjustments to the applicable dollar limits for certain account-based health and welfare plans (see Rev. The post IRS Announces Cost-of-Living Adjustments for Health and Welfare Plans appeared first on EMPLOYEE BENEFITS BLOG.
Proskauer's Employee Benefits & Executive Compensa
NOVEMBER 20, 2023
On November 9th, the IRS announced additional inflation adjustments for 2024, including to the annual contribution and carryover limits for healthcare flexible spending accounts and the monthly limit for qualified transportation fringe benefits. The new limits are set forth below.
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TalentCulture - Employee Benefits
DECEMBER 27, 2023
By offering subsidies for commuting costs, such as public transportation and parking, you can ease the financial burden for employees who travel to and from work. Moreover, these benefits demonstrate that your organization cares about the welfare of your staff and is committed to offering a strong employee experience.
Global People Strategist
MAY 15, 2023
Transportation, hospitality, and creative sectors have been particularly affected. Enhanced health and safety measures will also ensure that gig workers are not exposed to undue risks. However, work-life balance and mental health remain essential considerations as the gig economy evolves.
Insperity
FEBRUARY 15, 2024
Examples include base wages, premium pay (such as on-call and holiday pay), variable pay (such as commissions and bonus programs), perks (such as company car, transportation stipends, and phone bill reimbursement), incentive programs (such as profit-sharing and performance shares), and severance pay.
Vantage Circle
MAY 29, 2023
Better Employee Health and Well-being Prioritizing people sustainability can lead to a healthier and more motivated workforce, with lower rates of stress, burnout, and absenteeism. According to a study by the SHRM , companies that invest in employee health and wellness programs see a return of $3 for every $1 spent.
Workers' Compensation Perspectives
JULY 5, 2022
Workers’ compensation and occupational health and safety are not keeping pace. One key consequence of changing demographics in Canada, the US, and Australia is the increasing number of older workers in the overall population and the work force. average) and a quarter of females (25.7% in 2001 to 15% in 2021) in the last two decades.
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