HSA 2023 Contribution Limits

Benefit Resource Inc.

Find details on the HSA 2023 contribution limits for individuals and families and HDHP requirements here! Details for HSA 2023 Contribution Limits & HDHP Requirements. Individual/Self-coverage : HSA contribution limit for 2023: $3,850 (up from $3,650). Family Coverage : HSA contribution limit for 2023: $7,750 (up from $7,300). The post HSA 2023 Contribution Limits appeared first on BRI | Benefit Resource.

2023 HSA Contribution Limits Released by IRS

Namely - Talent

The Internal Revenue Service (IRS) announced the annual inflation-adjusted limits for health savings accounts (HSAs) for calendar year 2023 in Revenue Procedure 2022-24.

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Health Welfare Plan Limits for 2023

HR Workplace Services

2022-24), inflation-adjusted limits to health savings account (HSA) contributions and high deductible health plans effective for 2023. 2023 Health Savings Account (HSA) Contribution Limits. This contribution amount did not change for 2023. 2023 High Deductible Health Plan Limits.

IRS Set to Increase HSA Limits for 2023 | BerniePortal

BerniePortal

The IRS has announced updated HSA contribution limits for the 2023 year, which represent a significant increase compared to recent annual increases.

2023 HDHP & HSA Limits Announced

FLEX

2022-24 which includes the 2023 limits for qualified high deductible health plans (HDHPs) and Health Savings Accounts (HSAs). Last week, the Internal Revenue Service (IRS) published Rev. Below is a summary of these limits: Minimum Deductible to Qualify as an HDHP Category: Individuals

OFCCP Budget Justification for Fiscal Year 2023 Now Available

DCI Consulting

OFCCP has released its Congressional Budget Justification for the fiscal year (FY) 2023. By Bill Osterndorf, Joanna Colosimo. It can be found in full on the U.S. Department of Labor website. OFCCP

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New Alight report finds 40% of companies will modernize payroll systems by 2023

HRO Today

The post New Alight report finds 40% of companies will modernize payroll systems by 2023 appeared first on HRO Today. Employers are increasingly using cloud-based technology to change how they run payroll and pay their people. Lincolnshire, Ill.

Our HR Predictions for 2023

NextWave Hire

Last week we asked for your HR predictions for the year 2023. In fact, we think the number of PeopleOps people will 40x to 200,000 by 2023. We asked a question around what HRTech won’t exist in 2023. In 2023, LinkedIn will be around 1/10th as powerful. That will have changed drastically by 2023. The post Our HR Predictions for 2023 appeared first on NextWave Hire Blog And, a bunch of people called us out for not providing our own predictions!

Workhuman’s Irish Workforce to Double to 800 Staff by 2023

WorkHuman

Workhuman’s CEO Eric Mosley discusses Workhuman’s recent and planned growth in Ireland, including the expansion of Workhuman’s Park West offices. Click to read the article on the Independent. . Workhuman in the News

On Walmart's Commitment To Creating 1 Million Jobs by 2023

The HR Capitalist

If you watched a lot of the Olympics (and didn’t fast-forward through the commercials), you probably saw an ad for Walmart that blasted Aerosmith’s “Dream On” over video of American factory workers. It was part of the retail giant’s 10-year commitment to buy $250 billion in American-made goods. Walmart made the pledge in 2013, and while the company won’t reveal an exact figure, says it is on track to meet its goal.

Predicting The Future of HR and Recruiting for the Year 2023

NextWave Hire

The post Predicting The Future of HR and Recruiting for the Year 2023 appeared first on NextWave Hire Blog. I love predicting the future. Whether it’s making a bet with a friend over whether or not they’ll eventually quit the job they hate, or figuring out whether a new piece of technology will actually become a thing – it’s just fun to think about what may or may not happen and why.

No Recession In 2022—But Watch Out In 2023

Forbes Leadership Strategy

It could arrive as early as 2023, depending on the Fed. A recession will come to the United States economy, but not in 2022. The longer the Fed waits to tighten, the worse the recession will be.

California Minimum Wage Projected to Increase to $15.50

HRWatchdog

per hour for all employers, regardless of size, on January 1, 2023. Small businesses anticipated increasing their minimum wage to $15 per hour in 2023; however, when inflation exceeds 7 percent, a provision in the law triggers the accelerated increase.

California’s New SB 1162 Promotes Total Pay Transparency

Trusaic

Revise the timeframe in which private employers are required to submit this information to the second Wednesday of May beginning in 2023. California is again at the forefront of national efforts to close the wage gap with the introduction of SB 1162.

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California Employers, Are You Prepared For Upcoming Data Privacy Changes?

The Employer Handbook

However, the HR and B2B exemption expires on January 1, 2023, when the California Privacy Rights Act takes effect and amends the CCPA (CCPA/CPRA). It was perfect timing, really.

OFCCP Posts New Disability Voluntary Self-ID Form

Berkshire Associates

The revised form expires on May 31, 2023. On May 5, 2020, the Office of Management and Budget approved the new Voluntary Self-Identification of Disability form (CC-305) with changes.

Wage Discrimination Changes in Rhode Island

Berkshire Associates

The new law will go into effect January 1, 2023, and adds two significant provisions that are meant to protect both employers and employees in the fight to combat wage discrimination “by strengthening and closing gaps in existing wage discrimination laws.”.

Global Compliance Desk – Ireland

Replicon

Ireland Adds New Public Holiday for 2023 A new public holiday to recognize the efforts of the country during the Covid-19 pandemic and to remember those who lost their lives has been agreed upon by the Irish Government.

It’s time to pay your deferred Social Security taxes

Business Management Daily

3, 2023. 3, 2023. 3, 2023: $2,250,000 ÷ 3 quarters = $750,000. 3, 2023: $2,250,000 – $250,000 deposited for the first quarter = $2,000,000. 3, 2023. If you deferred depositing your 6.2%

NY and NJ Airport Workers to Receive Nation’s Highest Minimum Wage

Namely

The increase will raise the minimum hourly rate for almost 40,000 airport workers to $19 by 2023. New York-area airport workers will soon have the highest minimum wage in the country. New York New Jersey News Payroll

Book Review – Industrial/Organizational Psychology: An Applied Approach (9th ed.) by Michael G. Aamodt

Workplace Psychology

In the preface and addressing a student audience, Dr. Aamodt wrote: “The text is written at a level designed to help you [the student] understand the material rather than at a level designed to show off the author’s vocabulary” (Aamodt, 2023, p. ” (Aamodt, 2023, p. 2023).

CCPA/CPRA: California Businesses Must Complete Required Privacy Training

HRWatchdog

Businesses covered by the CCPA/CPRA should make sure they’re complying with the consumer rights provided by these laws and that their employees who may receive an inquiry are properly trained by the compliance deadline of January 1, 2023.

LMS vs. LXP for Banks: Which is Better?

Kea

from 2018 to 2023, rising from a value of $2.06 Organizations are increasingly accepting the need for robust learning and development for employees. So much so that the global corporate LMS market is expected to grow at a CAGR of 28.2% billion to $7.12 billion in the five-year period.

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Washington State Passes Salary Range Requirement for Job Listings

Trusaic

Washington’s new pay transparency law goes into effect on January 1, 2023. Pay transparency is increasingly making its way into state legislatures around the country. Washington state is the latest to pass new pay equity requirements for employers.

3 Types of eCommerce Revenue Models for 2021

Take It Personel-ly

trillion by 2023 increasing from $4.2 E-commerce sales are expected to reach $6.5 trillion in 2020. That’s almost 54% overall growth in 3 years or so. And if this trend keeps up its pace, we are looking at $8 trillion in e-commerce revenue by 2025.

Connecticut Becomes the Latest State to Have a $15 Minimum Wage

Extensis

The Connecticut Legislature passed a bill that would gradually increase the state’s minimum wage until it hits $15 in 2023. With Governor Ned Lamont pledging to sign the bill, Connecticut would become the 7 th state to enact a $15 minimum wage

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H-1B CAP SEASON BEGINS MARCH 1

HR Workplace Services

Citizenship and Immigration Services (USCIS) announced the registration period for H-1B cap* season, 2023. For 2023, Congress has made 65,000 such visas available for Bachelor degreed workers and another 20,000 for those with a Master’s degree or beyond. On January 28, 2022, U.S.

Revised OFCCP Scheduling Letters Approved

DCI Consulting

All six letters are approved for use for three years, with an expiration date of April 30, 2023. Several proposed, modified letters are now final for Supply and Service Contractors , as well as Construction Contractors.

Economic Forecast 2022 And Beyond: Good Now, Scary Later

Forbes Leadership Strategy

The economic outlook for 2022 and 2023 in the United States is good, though inflation will remain high and storm clouds grow in later years. Leadership Strategy /leadership-strategy Leadership /leadership Leadership Strategy /leadership-strategy Money /money leadership business

Workhuman Wraps Up Workhuman Live 2022; Announced Product Updates, New Research, and More

WorkHuman

The company has also announced that Workhuman Live 2023 will take place April 17-20, 2023 in San Diego. Leading HR conference, filled with powerhouse speakers, embraced in-person community building to discuss tackling today’s key HR and business challenges.

OFCCP Extends Moratorium for VAHBP Providers

DCI Consulting

Directive 2021-01 * has extended OFCCP’s current enforcement moratorium for all Veterans Affairs Health Benefits Program (VAHBP) providers ** by two years, through May 7, 2023. Historically, OFCCP has provided a moratorium for healthcare subcontractors of TRICARE ( Directive 2014-01 ) and VAHBP providers ( Directive 2018-02 ). Industry News OFCCP

Minimum Wage Increases Coming January 1

HRWatchdog

January 1, 2023 $17.50 July 1, 2023 Increase tied to applicable Consumer Price Index (CPI) with rate published every April 1. January 1, 2023 $17.00 July 1, 2023 Increase tied to applicable CPI with rate published every April 1.

3 Myths About Military Veterans Your Hiring Managers May Believe

TLNT: The Business of HR

In fact, estimates are that by the year 2023 there will be 3.5 Today, many corporate leaders are in search of veterans who will bring real value to the workplace. According to a survey report from CareerBuilder, one-third of surveyed employers reported in 2014 they are actively recruiting veterans over the next year. million military veterans in the U.S. workforce. Veterans Veterans in the Workplace

Most interesting HR stories of the week

TLNT: The Business of HR

Wall Street economist, Don Rissmiller is quoted as giving 50% odds on a 2023 slowdown, while Goldman Sachs pointed to a “20-35%” chance of an impending recession. Economists warn of impending recession. According to a number of sources reported in the Financial Times , U.S.

Professional Unions in 2031

Compensation Cafe

It would have been so easy for companies to have made the right moves in 2022 and 2023 to avoid all of this. It has been ten years since we finally escaped the ravages of the COVID-19 pandemic.

A Major Tech Hub, Charlotte Sees Rising Demand for Tech Talent

Genesis10

The company’s move will include relocating approximately 150 jobs from New Jersey and will bring more than $248 million in investment by the end of 2023. This blog is one of an ongoing series that examines the technology talent gap by major metro area serviced by Genesis10. Coming up we will also be looking at Austin, Des Moines and Kansas City, among others.

New Executive Order Increases Minimum Wage for Federal Contractors

DCI Consulting

Beginning January 1, 2023 and annually thereafter, the minimum hourly wage will be determined by the Secretary of Labor based on increases in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI

7 Essential Tips to Help Procurement Streamline Supplier Master Data

SutiHR

It has been predicted that companies that fail to streamline vendor data management by the end of 2023 could have wrong information for half of their suppliers.

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Protection for Good Employers: A Look at Rhode Island’s Pay Equity Safe Harbor

Trusaic

While the updates don’t go into effect until January 1, 2023, employers should begin preparing now. This advantage will be available to employers from January 1, 2023 through June 30, 2026.

Rhode Island’s New Pay Equity Law at a Glance

Trusaic

1, 2023, the law aims to ensure fairness in compensation for all employees and offers recourse for workers who have experienced wage discrimination from their employers. 1, 2023, employers can – and should – get ahead by implementing a pay equity policy.