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Lifestyle Spending Accounts vs Emergency Saving AccountsLifestyle Spending Accounts & Emergency Saving Accounts. Unveiling the Differences

Amid the challenges posed by the pandemic, inflation, economic downturn, and increasing debt, the financial well-being of employees appears to be facing considerable strain. Given these pressures, some individuals are taking a closer assessment of their expectations from employers. While higher compensation is desired, the emphasis is now shifting toward the degree of flexibility in …

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student loan assistance programsStudent Loan Assistance Programs. Improving Employee Financial Well-Being

The total student loan debt in 2023, including federal and private loans, has reached $1.75 trillion, with an average of $28,950 per borrower. United States student loan borrowers collectively owe a massive $1.78 trillion in federal and private student loans as of March 2023, as reported in the Federal Reserve’s most recent quarterly figures. During …

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Unlimited PTO vs Floating daysUnlimited PTO vs Floating Days: A Complete Guide

Encouraging employees to take time off from work can have a positive impact on both their physical health and mental health, while also being advantageous for the business. When employees return to work after taking a break, they are likely to feel more refreshed and motivated, leading to increased creativity and productivity. Furthermore, adopting such …

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New Worker Classification Proposed by DOLNew Worker Classification Proposed by DOL

The U.S. Department of Labor recently proposed a rule that clarifies how businesses of all sizes ought to classify workers. Whether a worker is treated as an employee or an independent contractor will have an outsized impact on the worker and also the business. Here’s what we all know up to now concerning the worker …

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student debt loan reliefStudent Loan Debt Relief Program – Info & Updates

For many people, the cost of borrowing for college is a lifelong burden that deprives them of that opportunity. Announced back in August 2022, President’s Biden student debt relief plan offers targeted debt relief as part of an effort to address the burden of increasing college costs and make the student loan system more manageable …

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NYS Hero ActNew York State Hero Act. Policy Requirement

New Posting and Policy Creation Requirement In response to the COVID-19 pandemic, New York State passed the New York Health Essential Rights Act (HERO Act). This New York State Hero Act legislation applies to ALL NYS employers, regardless of size, with worksite employees located in New York State.

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Benefits to Offer When Recruiting Gen ZBenefits to Offer When Recruiting Gen Z

Last year, the pandemic and its aftershocks rocked recruiters and acquisition teams. Lockdowns and caseload resurgence have prevented companies from functioning optimally.

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ARPA and COBRA SubsidiesARPA and COBRA Subsidies. What All Employers Need to Know

The American Rescue Plan Act (ARPA) established a 100% COBRA premium subsidy for assistance eligible individuals (AEI) for the period April 1st, 2021 through September 30th, 2021.

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employee benefits trends 2021Employee Benefits Trends for 2021

2020 has been a challenging year for both employees and employers. Many employers have moved towards a more mobile workforce, where possible. Other companies have been required to adapt to new and changing guidelines on how to stay safe in the workplace. 

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