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What Is a Health Savings Account?

Success

They let you cover medical expenses like copays and deductibles while providing a tax break and helping you save for the future. Not everyone has access to these plans, but if you do, they can be invaluable for preparing for future medical expenses. However, you can still use the money on qualified medical expenses.

Health 278
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Twilio cuts 17% of its workforce

Allwork

This new development comes less than a year after the tech giant conducted its first round of job cuts in September 2022, where 11% of its staff were let go. “We have to spend less, streamline, and become more efficient. To do that, we’re forming two business units: Twilio Communications and Twilio Data & Applications.

Medical 243
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How Financial Wellness Programs Can Benefit Employees and Employers

Success

Human resource leaders have observed cash-strapped employees reducing retirement contributions and talking about how money-related stress has negatively affected their work lives, according to a 2022 financial benefits study conducted by Morgan Stanley at Work. How financial wellness programs benefit employers Employee retention is the No.

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What Every Business Needs To Know About The Pregnant Workers Fairness Act

Allwork

29, 2022, and it was recently passed by Congress as an amendment to the FY23 Federal Spending Bill. employers with 15 or more employees to provide reasonable accommodations for known limitations associated with pregnancy, childbirth, or related medical conditions. This pivotal piece of legislation instructs U.S. According to the U.S.

Medical 203
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6 Reasons Men Are Not Working as Much as They Used To

Success

This shift is partly driven by the desire to avoid the burnout experienced by their predecessors, who often worked long hours at the expense of their personal lives.” Mental health and addiction issues on the rise The Association of American Medical Colleges published an article called “ Men and mental health: What are we missing?

2024 290
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It’s hard to keep dead tech down

Workplace Insight

In 2022, Cormac McCarthy published two novels at the age of 89. And it’s expensive. An impressive feat, doubly so because he wrote them on the same old dead tech typewriter he’d bought from a pawn shop in 1963. A friend replaced it with an identical model for just $11. It is large and needs to be stored and maintained.

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4 important payroll issues to keep an eye on in 2023

BMT Office Administration

The IRS punted on its final regulations , dropping the mandatory e-filing threshold for information returns for 2021 and 2022 W-2s, 1099s, and 1095s. Proposed regulations covering white-collar employees were included in the Department of Labor’s spring 2022 semiannual regulatory agenda. Here are five items we see coming this year.

Payroll 52