2021 Compensation Budgeting Forecast Part 2: Incentives, Bonuses, and Variable Compensation

Astron Solutions

2021 has been a year of uncertainty, especially in terms of compensation increase budgeting. Many of Astron Solutions’ clients have requested a variable pay program review, examining effectiveness in retaining key talent necessary to meet 2021’s strategic objectives.

Averbook: 10 ways HR can reimagine itself for 2021

HRExecutive

HR reimagines budgets and leverages sequencing to set the stage for sustained transformation in 2021. 20 to “Reimagine HR for Business in 2021.”. This year has poured gas on the digital revolution.

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2021 Guide to the Best Travel Necessities

Take It Personel-ly

Are you already dreaming about your 2021 travel adventures? If you love to be comfortable and safe on your travels, here are some 2021 necessities you must put in […].

HRCI Changes Requirements for PHR, SPHR Recertification Starting 2021

UpstartHR

Starting in 2021, certified pros will have to get one ethics credit each recertification cycle to retain their existing certification. Every so often HRCI, the Human Resources Certification Institute, changes the requirements for its exams.

Benefits in a Pandemic: What HR Leaders Need to Know

Building a benefits program for a diverse workforce has always been a top priority, but now it’s become both more important and complex with so much change and uncertainty. Download our latest guide that features emerging benefits employees expect in 2021 and beyond.

2021 ACA Affordability Percentages

FLEX

In 2021, employer-sponsored health coverage will be considered affordable if an employee has to pay no more than 9.83% (an increase of 0.05% from 2020) of their income for such coverage. The Internal Revenue Service (IRS) recently issued Rev.

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Calling All Talent Leaders: What’s Your 2021 #Recruiting Prediction?

Workology

I’m knee deep in my 2021 planning so I’m feeling reflective. I think we can all agree that 2020 was not at all the year we envisioned in 2019. I’m thinking a lot about what will. Workology is the art and science of work, HR and recruitment. Join the resource revolution.

Ireland: Budget 2021 Key Updates

Immedis

Today, the Irish government shared the 2021 budget and plans on how the largest budget package in the history of the State will be spent. Help-to-Buy scheme of €30,000 is being extended to the end of 2021. . To full details on the budget for 2021 CLICK HERE. .

2021 Wage Base Rises for Social Security Payroll Taxes

Namely - Talent

1, 2021, the maximum earnings subject to the Social Security payroll tax will increase by $5,100 to $142,800 —up from the $137,700 maximum for 2020, the Social Security Administration (SSA) announced Oct. The SSA also posted a fact sheet summarizing the 2021 changes. Starting Jan.

Recruitment and HR Tech Trends for 2021

Vsource.io

As we draw towards the end of what can only be described as the most turbulent of years, we’ve decided to look forward to 2021 and ponder what the world of recruitment has in store for us.

COVID & the Future of Work: Insights from Paycor’s C-Suite

In Paycor’s newest report, our Chief Executive and Group Leaders consider how your clients will recruit, manage their workforce, optimize benefits, and foster employee experience in the new normal of 2020 and beyond. For actionable insights and tips download and share our guide with your clients!

COVID-19: What Should Employers Know for 2021 Budgets? | BerniePortal

BerniePortal

Several states and major cities have already announced anticipated budget gaps for 2021, namely as a result of the coronavirus pandemic. Depending on the industry, employers may need to review and update their 2021 budgets accordingly.

Looking to the Future: 2021 Compensation Budgeting Forecast Part 1: Base Pay Adjustments

Astron Solutions

When it comes to forecasting compensation trends for 2020 and 2021, there have been challenges. In this Astronology®, part one of a three-part review of 2021 compensation planning projections, we will share what we have learned to date. Economy in 2021.

2021 HR Landscape: Save Time, Be Safe and Remain Compliant

TalentCulture - Recruiting

Which makes it even more important to look at the 2021 HR landscape now. The post 2021 HR Landscape: Save Time, Be Safe and Remain Compliant appeared first on TalentCulture. 2020 has changed the workplace – possibly forever.

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Employee Engagement Program for 2021 | Reward Gateway

Reward Gateway

Set the stage for 2021 with the Reward Gateway New Year's package to support your people this festive season. 4 min read. Every HR leader I speak with is looking for new ways to thank and support their employees.

Foresight 2021

Dynamic Team Solutions

This is our collective take on what’s happening now and our foresight for 2021. The post Foresight 2021 appeared first on Dynamic Team Solutions. We’re not even half-way through 2020, and yet it feels like the longest year ever, and with no end in sight. The last few months have been hard, really hard. Will it ease up? Will my kids return to school in the fall? Will my clients be ready to jump back in on the projects we’ve created together? When will anything go back to normal?

Social Security Wage Cap Rises for 2021 Payroll Taxes | BerniePortal

BerniePortal

13, 2020, that the wage cap for Social Security payroll taxes will increase in 2021. The Social Security Administration (SSA) announced on Oct. What do employers need to know about this update? HR payroll

Determining ICHRA Affordability in 2021

PeopleKeep

In June of 2019, the federal government released a final ruling regarding the offering of HRAs in 2020. This rule created a new HRA called the Individual Coverage HRA (ICHRA) and clarified proposed rules about calculating the affordability of an ICHRA allowance.

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2021 Compensation Budgeting Forecast Part 3: Trends in Nonprofit Executive Compensation

Astron Solutions

As we plan for 2021, we need to consider COVID-19’s impact on 2020 compensation decisions for nonprofit executives. As we move into 2021, there are many questions as to how nonprofit executive compensation will look.

IRS increases employer mandate penalties for 2021

PeopleKeep

Applicable large employers (ALEs) , organizations that have 50 or more full-time employees, must meet the employer shared responsibility provisions (ESRP) of the Patient Protection and Affordable Care Act (ACA; P.L. 111-148, as amended) commonly referred to as “the employer mandate.”.

IRS releases HSA limits for 2021

BerniePortal

The IRS has released the 2021 cost-of-living adjusted limits for health savings accounts (HSAs) and high-deductible health plans (HDHPs). HR Benefits & Healthcare

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Important HR Compliance Dates and Holidays for 2021 | BerniePortal

BerniePortal

From major holidays to key compliance requirements and ACA deadlines, find out everything you need to know about important HR dates for 2021. HR Compliance

Tech Startups to Watch in 2021

CandidateZip

Hundreds of new startups are launching every day, but the question here is, how can you filter out the best one in 2021? . Check out the best startups for 2021. With each passing day of 2020, we are inching towards an AI advanced world.

What Can I Deduct On My Taxes in 2021?

Thrive Global

Even though you probably just filed your taxes in July, thanks COVID , it’s never too early to get a head start on the one you’ll file in April 2021. To quickly catch you up to speed, your taxes will differ in 2021 in the following ways: Higher Health Savings Account (HSA) Limits.

Answering “Crystal Ball” Strategy Questions for 2021

EngagementMultiplier

The post Answering “Crystal Ball” Strategy Questions for 2021 appeared first on Engagement Multiplier. “Past performance is no guarantee of future results.”. Never before has that phrase rung so true.

Top 6 HR Technology Trends for 2021

Possible Works

The post Top 6 HR Technology Trends for 2021 appeared first on PossibleWorks. With millennials and Gen-Z comprising the biggest cohort in the workforce, employers across the world are looking at tech-powered ways to recruit, manage, and engage their employees.

Marketing toolkit must-haves for 2021

Papirfly

To say 2020 has been a turbulent year would be a very big understatement. So let’s look ahead to the prospect of some near-normality and how we can take what we’ve learned from this year to improve our processes and enhance everything we do in the next one. Marketing

Top HR Challenges in 2021 and How to Overcome Them

Best Money Moves

Top HR challenges in 2021 and how to overcome them. Top HR Challenges in 2021 and How to Overcome Them. Health and wellness programs can help HR teams overcome their challenges in 2021, if they can find the right mix of benefits within their budget constraints.

What Compliance Notices Are Required for 2021?

BerniePortal

When an employer offers a group health plan, it’s imperative to properly administer all of the health plan notices required under the DOL, PPACA, ERISA, COBRA , HIPPA, etc. Failure to comply with these directives can lead to costly penalties.

2021 HSA Contribution Limits Announced by IRS

Discovery Benefits

Find out how much the 2021 HSA contribution limits increased. Employees HSA Employers

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Fasten your seatbelts: The IRS is changing withholding for 2021

Business Management Daily

The two withholding systems the IRS ushered in this year—one based on employees who file post-2019 W-4s and the other based on employees who’ve filed pre-2020 W-4s—are out; an employer-optional bridge is in, starting with 2021 withholding, according to final regulations.

Top 10 Employee Benefits for 2021

Best Money Moves

Top 10 employee benefits for 2021. HR trends forecast the most desired employee benefits for 2021 like financial wellness programs and flexible work arrangements. It’s time for employers to start planning their employee benefits packages for 2021. Top 10 Employee Benefits for 2021. #1 More on Topics Related to Top 10 Employee Benefits for 2021.

How on Earth Is HR Supposed to Prepare for 2021? (3 Tips)

Digital HR Tech

&#$ HR is supposed to prepare for 2021? But, plan for 2021 we will. If you know the answers to these questions you can work to create a plan for 2021 that helps fix some of these problems. 2021 isn’t as scary as we think.

What Company Culture Trends Should HR Know for 2021? | BerniePortal

BerniePortal

From the anticipated COVID-19 fallout to the decentralization of traditional offices, company cultures could look very different by the end of 2021. Within the next year, workplace culture may undergo one of the most significant shifts in recent memory.

Pandemic Recovery: Global Age Thinking: 2021 Restart

Thrive Global

Come 2021 – Rethink, Reset & Restart and start upskilling, reskilling across the working citizenry. What does the new world of pandemic recovery world needs?

Leadership Trends For 2021 And Beyond

Forbes Coaches Council

We are facing opportunities to address risks and create a more sustainable, just and fair future for more people. Leadership /leadership Leadership /leadership Decision Maker Content decisionmaker leadership

Healthcare Spending 2021: Employee Education Key to Controlling Costs

TalentCulture - Recruiting

And how will it help employers control healthcare spending in 2021? The post Healthcare Spending 2021: Employee Education Key to Controlling Costs appeared first on TalentCulture. What is navigation assistance?

How Less Can Be More: Recruitment Budget Planning for 2021

PandoLogic

The post How Less Can Be More: Recruitment Budget Planning for 2021 appeared first on PandoLogic. As businesses find themselves in new territory during this year’s pandemic, looking ahead and trying to gauge next year’s hiring landscape can be daunting.

2021 HSA contribution limits announced

Benefit Resource Inc.

Find details on the 2021 HSA contribution limits for individuals and families and HDHP requirements here! Details for 2021 HSA Contribution Limits & HDHP Requirements. Most items are set to increase — items that did not change from 2020 to 2021 will be marked with an asterisk (*). Individual/Self-coverage : HSA contribution limit for 2021: $3,600 (up from $3,550). Family Coverage : HSA contribution limit for 2021: $7,200 (up from $7,100).

Designing a Successful Total Rewards Strategy for 2021

Semos Cloud

Designing a Successful Total Rewards Strategy for 2021 . The post Designing a Successful Total Rewards Strategy for 2021 appeared first on Semos Cloud. Category. All, Best Practices.