What I s O n - D emand P ay? On - demand pay, sometimes called earned wage access, is a means for employee s to ask to be paid their earned wages at any point in the pay cycle; they don’t have to wait until payday. With many employees living paycheck...
Employers Council is collecting data for the annual Health, Welfare, and Retirement Plans Survey . The online questionnaire invitation for the survey has been sent to organizations via email with their unique surveys link. The survey will provide data for topics such as ...
Employee retention is top of mind for business leaders and human resources professionals tasked with strategies to keep people. A 2022 Paycor survey of more than 5,600 business owners, managers, chief executives, and individual contributors found that the top...
A trend gaining momentum among some employers, notably in the government sector, is the revision of job postings to eliminate college degree requirements in favor of skills-based hiring. Requiring a college degree has been widely used as a proxy that applicants possess certain soft skills, such...
As part of the Consolidated Appropriations Act of 2023, Congress passed the SECURE Act 2.0 in December 2022. SECURE is an acronym for Setting Every Community Up for Retirement Enhancement, and it builds upon SECURE 1.0, passed in 2019. The goal of the Act is to take steps toward addressing the...
As we wind down the year and move full steam ahead into 2023, employers now understand how the nature of work has radically changed in the past three years, with more and more employees working remotely. However, many organizations looking to enhance workplace harmony and collaboration are...
Yes, insurance companies have worked up a product to cover the Colorado Family and Medical Leave Insurance Program (FAMLI) benefit requirements. Insured disability policies must be approved by the state before they can be marketed, and that approval took some time. It is our understanding that...
Effective October 13, 2022, the secretary of Health and Human Services renewed the federal public health emergency (PHE) related to COVID-19. The federal PHE was first declared on January 31, 2020. It is reviewed every 90 days to determine if it will be renewed. With the most recent renewal,...
A lifestyle spending account (LSA) is an employer-funded account that allows employees to buy anything in the program that the employer believes will contribute to the employee’s well-being. Things like health and wellness products and services can be covered, and the uses are not centered on...
The 2022 Health, Welfare & Retirement Plans Survey includes responses from 536 participants across Arizona, Colorado, Utah, and Wyoming. The respondents represent a cross-section of industries and employment sizes. The survey includes data on health and dental coverage, life insurance,...
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