HR Daily Advisor

JULY 31, 2017

employers’ cost to provide employee benefits, measured as a percentage of pay, increased 24% between 2001 and 2015, fueled largely by a doubling in healthcare benefit costs, according to a new analysis by Willis Towers Watson, a leading global advisory, broking, and solutions company. of pay in 2015, a jump of 24%.

Analysis 49

Analysis Employee Benefits Retirement Planning Tools 49

HR Daily Advisor

OCTOBER 26, 2017

Employers and retirement plan administrators can apply the new rates as they prepare their plans for next year and conduct nondiscrimination testing. Notice 2017-64 outlined the latest changes to cost-of-living adjustments for employee benefit plans. It last rose, by $500, for 2015. Retirement Plans.

Retirement 39

Retirement Compensation Compliance Employee Benefits 39

Empuls

SEPTEMBER 25, 2023

The role of Human Resources (HR) is becoming more complex and multifaceted. HR professionals must now navigate a labyrinth of laws and regulations that govern everything from labor standards to digital workspaces. HR professionals should lead the charge in implementing these measures. Changes in labor laws 1.

HR Planning 40

HR Planning HR Software Wage and Hour Training Hiring Software 40

HR Daily Advisor

JANUARY 20, 2015

In yesterday’s Advisor , we presented some options for partial or trial retirement and how employers can benefit; today, how such programs can ease the burden for employees as well. A partial retirement program can be good incentive for your workers to stick around longer than they would if they had to keep working full-time.

Retirement 40

Retirement Halogen Software HR Planning Onboarding Software 40

Flimp Communications

OCTOBER 23, 2019

The 2019 Bank of America workplace benefits report reveals that 53% of companies currently offer wellness programs. That’s slightly more than double than the 24% it was in 2015. There are two kinds of “wellness” in an employee’s life. 45% of the surveyed employees reported having caregiver responsibilities.

Employee Benefits 41

Employee Benefits HR Software Planning Tools Retirement 41

Xoxoday

APRIL 29, 2024

Companies are increasingly recognizing the importance of providing enticing perks and benefits to keep their employees engaged, motivated, and satisfied. Providing access to quality healthcare not only promotes physical well-being but also offers peace of mind to employees and their families. 

HR Software 40

HR Software Planning Tools Compensation Retention and Turnover 40

Zenefits

JUNE 7, 2022

Inflation is not only fueling price increases; it’s also requiring employers to pay more in penalties for not complying with benefits laws under the Employee Retirement and Income Security Act of 1974 (ERISA). History of benefits compliance. Employers have been offering employee benefits since the late 1800s.

HIPAA 68

HIPAA Compliance Wage and Hour Training Retirement 68

HR Daily Advisor

JANUARY 24, 2017

Department of Labor (DOL), in late December 2016, reinstated earlier guidance on proxy voting for plan fiduciaries that encourages them to “responsibly” exercise their rights as shareholders. The new Interpretive Bulletin withdrew IB 2008-2 and brings back earlier guidance related to plans’ proxy voting. 2015 Reversal on ESG Factors.

Exercises 40

Exercises Retirement Employee Benefits Trends 40

Empuls

DECEMBER 22, 2021

Covid-19 is a seminal event in many respects, but its aftermath has created new and unparalleled challenges for HR professionals. Companies are struggling to implement new models for the future of work and determine the right balance between onsite and remote work for their employees. Agility will be critical. office in San Francisco.

HR Software 52

HR Software Hiring Software HR Planning Recruiting Software 52

Tango Health

JANUARY 24, 2022

Employers and health plan sponsors have numerous obligations under the Affordable Care Act (ACA). Starting in 2015, the ACA required large employers to provide affordable health coverage that meets minimum standards to their full-time employees, or else, face penalties.

Compliance 72

Compliance Planning Tools Report HR Software 72

HR Daily Advisor

MAY 3, 2017

401(k) Plan. Department of Labor’s Employee Benefits Security Administration found from at least February 1. 2010, to May 27, 2015, Weinhagen and the company withheld $35,363.86 from employees’ pay for voluntary contributions to the Weinhagen Tire Co. 401(k) Plan. Paul, Minnesota-based Weinhagen Tire Co.

Retirement 46

Retirement Employee Benefits Report Company 46

Paycor

NOVEMBER 11, 2019

The number of jobs on Indeed that advertise unlimited PTO increased 178% between 2015 and 2019. Hubspot, Netflix, Roku), according to Society for Human Resource Management. In fact, the 2019 MetLife Employee Benefit Trends Survey revealed that 72% of employees are interested in unlimited paid time off.

HR Planning 40

HR Planning Hiring Software HR Software Recruiting Software 40

Zenefits

JULY 12, 2017

When we speak to businesses about getting their company ramped on all things HR, we often chat about 401(k)s. Zenefits has partnered with best in breed business apps to bring you an easier way to connect your employees with the programming they’ve been asking you for. Objection #2: Retirement plans cost too much.

Planning Tools 31

Planning Tools Zenefits Retirement How To 31

HR Daily Advisor

JULY 10, 2017

The American Institute of CPAs’ (AICPA) Auditing Standards Board (ASB) recently issued a proposed Statement on Auditing Standards (SAS) that will affect all independent qualified public audits of employee benefit plans, especially limited-scope audits. Our May 2015 column discussed a report from the U.S. Background.

Planning Tools 56

Planning Tools Background screening Compliance Employee Benefits 56

HR Daily Advisor

JANUARY 13, 2017

The Employee Retirement Income Security Act (ERISA)’s Section 404(c) protection is commonly relied upon by plan fiduciaries to lessen potential liability in the event that participants, who are directing their investments in employer-sponsored 401(k) plans, suffer large losses. by Arris Reddick Murphy. Recent Case.

Retirement 40

Retirement Background screening Comparison Handbook 40

PlanSource

DECEMBER 10, 2018

Welcome to The Source, your one-stop-shop for the latest and greatest HR and benefits news. Our weekly publication highlights this week’s top stories in human resources, benefits administration, insurance, legislation and more to make sure you can stay on top of industry trends and changes.

HR Planning 40

HR Planning HR Software Planning Tools BambooHR 40

HR Digest

SEPTEMBER 14, 2023

A Garter study indicated that employee experience was a top priority for 47 percent of HR leaders and it is important for us to explore why. What is Employee Relations? The focus on employee welfare started post-World War II when retirement and pension plans appeared as the biggest forms of employer care.

Employee Relations 98

Employee Relations Harassment Sexual Harassment Wage and Hour Training 98

Sage HRMS

MARCH 17, 2015

Enrolling in a 401(k) plan is a great way to save money for retirement at any point in your professional career, as well as a key aspect of employee benefits management. What is a 401(k) plan? Enrolling in a 401(k) plan will reduce your taxable income base. Why is this a good savings option?

Retirement 40

Retirement Immedis Employee Benefits Resources 40

Precheck

JULY 11, 2017

Millennials currently earning higher degrees in healthcare understand endless opportunities await them, especially as preceding generations retire from the field and the demand for care rises. One of the trending employee benefits this year is student loan repayment assistance. Report back. Student Loan Debt Assistance.

Recruitment 85

Recruitment Bonuses and Incentives Retirement Career Development 85

Edcor

APRIL 8, 2019

More than two-thirds of 2015 graduates had debt, averaging $35,000. In the International Foundation of Employee Benefit Plans 2016 survey, HR managers said 66 percent of their employees worried about debt. Student loan debt in the United States reached $1.5 trillion in 2018.

Planning Tools 81

Planning Tools Recruiting Software Talent Experience HR Software 81

ForUsAll

MAY 8, 2019

Focused on the unique needs of the small business market, these 401(k) providers strive to make high-quality, low-cost retirement plans accessible to all – not just Fortune 500 companies. Human Interest: 401(k) Reviews, Media Endorsements, and More. Ubiquity Retirement: Reviews, Media Endorsements, and More. Ease-of-Use.

Planning Tools 76

Planning Tools HR Software Retirement Guidelines 76

HR Daily Advisor

AUGUST 31, 2016

By Jeffrey Hemker, national manager, Retirement Division, Invesco. Plan sponsors spend a significant amount of time crafting and deploying employee benefit communications, with 73% using e-mail to get the word out. But wait … somewhere in this weekly rush may be opportunity lost—for you and certainly for employees.

Planning Tools 40

Planning Tools Retirement HR Software Employee Benefits 40

Namely

FEBRUARY 15, 2017

But I’d be willing to bet a majority of employees would have thought twice about leaving if they had a benefits package worth staying for. In fact, a 2015 report by the Employee Benefit Research Institute revealed that the benefits package is an important decision factor for 77% of workers deciding whether to accept a job.

Trends 45

Trends HR Planning Planning Tools Retirement 45

Best Money Moves

SEPTEMBER 4, 2019

For instance, over two-thirds of financially stressed employees say they consistently carry credit card balances each month , according to research by PwC. Additionally, 68 percent of those employees have saved less than $50,000 for retirement. . Financial Wellness Programs Can Help With Employee Engagement.

Employee Engagement 40

Employee Engagement Wellness Strategy Retirement 40

Vantage Circle

NOVEMBER 30, 2022

Fringe Benefits. But employee perks are even better. According to Glassdoor's 2015 Employment Confidence Survey : 60% of people report that benefits & perks are a major factor in considering whether to accept a job offer. Many of these benefits will comprise something called "fringe benefits."

Bonuses and Incentives 105

Bonuses and Incentives Planning Tools Assessment Software HR Software 105

Zenefits

MARCH 21, 2018

The most common step many businesses take towards supporting their employees’ financial wellness is to offer a 401(k) plan. Among other benefits, a 401(k) program offers the potential for employers to claim tax credits, and therefore the popularity of this approach remains high. So, where to start?

Wellness 37

Wellness Zenefits Retirement Planning Tools 37

HR Daily Advisor

APRIL 6, 2017

The most recent report called for revamped procedures at the PBGC, which insures participants’ benefits when companies with defined benefit plans can no longer pay them out for a variety of reasons, including bankruptcy. The proposed rule, to become effective in 2018, is optional for sponsors of most defined contribution plans.

Report 43

Report Retirement Case Study Compliance 43

HR Morning

JANUARY 10, 2018

One in three employees report that issues with personal finances serve as a distraction at work, according to a report published by the Center for Financial Services Innovation. Financial consultant Kyle Sanders is here to share why and how this can help not only employees, but also their workers. The potential solution?

Productivity 61

Productivity AON Planning Tools ATS 61

ForUsAll

SEPTEMBER 25, 2019

Your employees are dealing with a lot of financial stress. Retirement at 65 is becoming increasingly unattainable. Small wonder that employee financial stress is so high. If you’re reading this, you likely know that high financial stress among your employees has a big negative impact on your business’s bottom line.

Wellness 40

Wellness Retirement Background screening Planning Tools 40

HR Daily Advisor

MARCH 11, 2015

Rubino, who is the owner of Rubino Consulting Services, offered his expertise in a recent webinar presented by BLR® and HR Hero®. Need to revisit your compensation plans for 2015 but don’t know where to start? Help is available in the free white paper from PayScale, Attack of the Out-of-Date Comp Plan. Learn More.

Payscale 40

Payscale Background screening Bonuses and Incentives Compensation 40

HR Daily Advisor

JUNE 21, 2018

According to a 2017 FlexJobs survey , parents work to pay for necessities, save for retirement, afford child-related costs, and save for education. Knowing this can influence how you create a financial wellness program and what initiatives you tailor to employees. Changing Benefits. What are their biggest obstacles?

Planning Tools 40

Planning Tools HR Software Discrimination Survey 40

HR Daily Advisor

DECEMBER 20, 2016

The quality of talent, of course, has always been a top priority for business leaders and HR professionals. Nevertheless, there remains a lot of work to be done when it comes to retaining employees that have one foot in and one foot out, waiting for the next opportunity. in late 2015. appeared first on HR Daily Advisor.

Video Recruiting 40

Video Recruiting Hiring Software iCIMS Employer Branding 40

Best Money Moves

JULY 19, 2019

Top 10 employee benefits for 2020. HR trends forecast the most desired employee benefits for 2020 like pet perks, flex work and financial wellness programs. It’s time to start building your organization’s employee benefits for 2020. . 10 Pet-Friendly Employee Benefits. . #10

Employee Benefits 68

Employee Benefits HR Planning Hiring Software Paycor 68

Robin Schooling

JULY 6, 2015

In the king-sized bed of core human resources accountabilities employee benefits nestles up alongside compensation and compliance in a ménage a trois of least sexy HR responsibilities. So in the spirit of ensuring I stay up to date on the basics I recently read through SHRM’s 2015 Employee Benefit research report.

Employee Benefits 40

Employee Benefits HR Planning Assessment Software HR Software 40

HRExecutive

SEPTEMBER 15, 2023

In the past decade, the size of internal benefits teams has grown, meaning, not surprisingly, the amount of work being outsourced—like the administration of wellness and health plans, and defined contribution plans—has declined. employers of various sizes. So, what are employers doing with their larger teams?

Planning Tools 61

Planning Tools HR Software Employee Benefits Survey 61

HR Daily Advisor

SEPTEMBER 20, 2017

Department of Labor (DOL), comprising employee benefits professionals and employee representatives, is focusing on “Mandated Disclosures for Retirement Plans.”. Can they be combined to lighten the load for plan sponsors and participants? This year, the ERISA Advisory Council for the U.S.

Planning Tools 43

Planning Tools Retirement HR Software Employee Benefits 43

Namely

MARCH 24, 2015

Welcome to Employee Benefits 101, a collaboration with Namely’s very own benefits team. Today’s post is the first of two in a series on managing benefits at your growing company. Ah, benefits. An important employee offering at any company—from the newest startup to the world’s best-known brand.

Employee Benefits 40

Employee Benefits Company Planning Tools Hiring Software 40