Employee wellness has evolved from a buzz-worthy trend into a real strategy for successful companies. When employees are healthy, they can reach their full potential, do more productive and creative work, build positive relationships, cope with common stressors, and make a more meaningful contribution. Stressed employees are often on their way to burnout, which leads to reduced productivity and increased absenteeism.
Your New Jersey commute just got a little more bearable. With a law recently signed by Governor Phil Murphy, the Garden State becomes the first to require employers to offer pre-tax transportation benefits. Before being signed by the governor on March 1, Senate Bill 1567 was overwhelmingly supported by both houses of the state legislature.
Everyone knows you can find (and buy) just about anything on Amazon, including medical supplies. While the online mega-retailer has always accepted a long list of payment methods, one recent addition might be just what the doctor ordered.
The company recently announced that it would begin accepting health savings account (HSA) and flexible savings account (FSA) cards as payment. This development marks just the latest in Amazon’s foray into the healthcare industry, which Namely first covered last year.
If you’re currently unenrolled in an HSA or FSA, it might be prime time to reconsider. In this article, we’ll go through the two account types and their potential payroll tax implications.
What starts as a tickle in the back of your throat can quickly evolve into a bigger problem. With flu season upon us, it’s the most popular time of year for sick day requests. But when there’s work to be done, it can be hard to pick between not falling behind and prioritizing your health.
With a new proposal making the rounds in New York, workers in the city that never sleeps could be entitled to some R&R.
Earlier this month, New York City Mayor Bill de Blasio unveiled a proposal that would require businesses to offer at least 10 days of paid time off each year. Employees would be able to use the days for “any purpose,” including vacation, bereavement, and family time. The rules would apply to businesses with five or more employees.
The proposal sits with the New York City Council and Council Speaker Corey Johnson. If approved, it would make the city the first in the nation with a paid time off mandate.
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As HR pros, not only are you concerned with making sure employee paychecks hit, you’re also thinking ahead. Helping employees save for their futures—largely in the form of 401(k)—has become an essential ingredient in benefit packages.
As the idea of the modern family evolves into a broad spectrum of two-income households, single parents, and a million variations in between, there is an increasing national need for benefits that support better work-life balance. Many cities have acted fast to pass comprehensive paid leave legislation, but for some localities, questions remain around exactly how these laws will be paid for, implemented, and enforced.
Open enrollment may have just ended, but it’s never too early to start thinking about emerging benefit trends. Benefits are an increasingly important factor in attracting and retaining top talent, and can play an important role in setting your company apart from competitors. Fifty-seven percent of employees consider benefits to be one of the top factors in accepting a new job.
With open enrollment in the rear-view mirror, it may seem like a good time to sit back and relax before the new year ramps up. You’ve sent all of the necessary files to your carrier, and your employees have their ID cards in hand, but the process isn’t over just yet. Seasoned HR professionals know that the end of open enrollment is a critical time to get your benefits strategy in order before the new year.