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SHRM | August 12, 2020
The Society for Human Resource Management (SHRM) is supporting newly introduced legislation that would temporarily increase the amount of tax-free education assistance that employees can receive from their employers, as businesses adjust to economic changes brought about by the COVID-19 pandemic. The legislation also would permanently modernize qualified education assistance to cover expenses for tools and technology required for educational programs. Section 127 of the Internal Revenue Code ena...
HR Dive | April 17, 2020
The total cost to U.S. employee benefit plans caused by the COVID-19 pandemic could exceed $23 billion, according to a report published earlier this month by the Integrated Benefits Institute (IBI), a research nonprofit. That figure assumes a "high range" outcome in which the pandemic results in over 15 million U.S. cases, IBI said, and it includes estimates of costs due to short-term disability claims, potential sick leave wages and other benefits for workers absent due to COVID-19. T...
IPsoft | February 12, 2020
IPsoft, the largest independent leader in enterprise AI, today announced the launch of the first marketplace for Digital Employees that can collaborate with human colleagues and catalyze the creation of the hybrid workplace for businesses. The first-of-its-kind hybrid workforce platform will enable businesses to cloud source AI-powered digital workers that come with decades of enterprise experience for specific roles, skills and industries, and with advanced cognitive, self-learning and conversa...
Unum | February 13, 2020
Employee-benefits provider Unum is now providing its own employees with a one-time $25,000 adoption assistance benefit. "Adoption is an important avenue to consider for people growing their families, but it can be expensive," Liz Ahmed, executive vice president of People and Communications at Unum, said in a press release. "Offering financial support to employees expanding their families is another way we can help working parents thrive." Unum also provides a $25,000 infertil...
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