In this video, Rob and Jason discuss the Transparency in Coverage rule that is taking effect on January 1st, 2023. They cover the price comparison tool that will be required for health plans, what kind of information it will provide, whom it applies to, compliance timelines, and more.
Questions? We’re here to help: hr@employco.com
On this month’s HR podcast Rob, Scott, and Jason are joined by special guest Scott Robinson (Managing Director of Robinson Resource Group and Founder of SearchWorks, LLC) to discuss leadership development and their outlook for 2023. They touch on executive coaching, developing high-performance leaders, finding the “blind spots,” focusing on company culture, skills and trends to watch for in 2023, a look into the crystal ball for next year, new workforce priorities, focusing on your employees, better retention, succession and development planning, and more! They also take a quick look at company holiday parties, from the do’s and don’ts to team building and safety.
Happy holidays, we’ll talk to you next year!
Contact us with any questions you may have, we’re here to help: hr@employco.com
Check out our PDF chart below for a list of states that have upcoming minimum wage increases in 2023 (click either image for the full report):
Many benefit plan limits have changed for the new calendar year. Here are some limits to review for 2023:
401(k) Limits
Many organizations rely on seasonal workers to supplement their regular workforce during peak times. This often occurs during busy seasons or holidays, as there’s an influx of business activity. While similarities exist, there are important differences between seasonal and regular employment. Due to these differences, hiring and reliance on seasonal workers can present significant and unexpected challenges for employers.
Seasonal employment is temporary employment that occurs during a specific time of the year. Employers often hire seasonal workers when they need extra help. This need may be based on industry demands, financial reasons, or increased consumer traffic, such as during the holiday season. Seasonal employment is more common in certain industries, such as delivery services, ski resorts, and agriculture.
As employers navigate trends such as “quiet quitting”—a new term within the employment landscape that refers to workers only doing what their job description entails without going above and beyond—new data revealed that many workers have begun “quick quitting.” That is, in certain industries, workers are quitting their jobs at increasingly high rates before the one-year mark. The emergence of this trend demonstrates that workers in the United States are getting more comfortable leaving their jobs.
Pay transparency is when an employer openly communicates pay-related information through established practices to current or prospective employees. Employers can provide this information through various channels, such as online job sites, job postings, or during an interview. As a result of changing labor markets, more and more employees are demanding pay transparency. Further, some jurisdictions are now requiring employers to share pay information, meaning that this trend is impacting more and more employers.
Pay Transparency Across the Nation – As demands for pay transparency increase, some states have passed legislation requiring organizations to be transparent. In recent years, California, Colorado, Connecticut, Maryland, Nevada, Rhode Island, and Washington have all passed pay transparency laws. Some cities, including New York City, Jersey City, and Cincinnati, have also passed such laws.
Employment and labor responsibilities continue to be reimagined, and employers should expect changes to continue in the new year. Here are three HR trends to follow in 2023:
In this video, Rob and Jason discuss seasonal employment. They cover the various industries, taxes, workers’ compensation, benefit eligibility, minimum wage compliance, discrimination training, federal and state laws to be aware of, and more.
Questions? We’re here to help: hr@employco.com
(As seen on Exhibit City News, 12/07/2022: “ConventionSuite & Employco Announce Strategic Partnership“)
The success of many businesses comes down to their partnerships and relationships. That’s why ConventionSuite and Employco are pleased to announce they have entered a strategic partnership by combining ConventionSuite, the industry-leading event management platform built on number one cloud ERP NetSuite, with Employco, the company that offers HR solutions with Fortune 500 Buying Power.