Each year in the fall, the IRS announces new employee benefit plan limits for several types of benefits that have maximums subject to annual indexing. You can find the full list of the latest released amounts for 2024 in IRS Revenue Procedure 2023-34, but we’ve...
In fast-paced and demanding work environments, the importance of mental health cannot be overstated. Employees who are mentally well are more productive, engaged, and satisfied with their jobs. Mental health treatment, including therapy, medication, and self-care, can...
The last months of the year are a great time for HR professionals to ensure they’re prepared for everything that needs to be done. It’s also an opportunity to evaluate which HR processes organizations want to take forward into the new year and which to leave behind....
New York state has published paid family leave (PFL) updates for 2024 on its website for the program. The employee contribution rate will decrease, while the maximum weekly PFL benefit will increase due to an increase in the state average weekly wage. Increase in...
Open enrollment is an opportunity for employers to educate their workforce about attractive benefits offerings that can help boost employee retention, satisfaction and engagement. However, with four or five generations in the workforce, finding a benefits plan that...