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Below are the top 10 employee benefits certifications for professionals in 2024. Certified Employee Benefit Specialist (CEBS) The Certified Employee Benefit Specialist (CEBS) certification is one of the most respected credentials in the employee benefits field.
Almost six in 10 (59%) British workers feel unhappy, dissatisfied, highly dissatisfied or neutral with their benefitspackages , according to new research. As many as 49% are optimistic that they will receive a salary increase in 2024, and 70% of employers plan to increase salary offers in 2024 for certain in-demand roles.
Now more than ever, employee benefitpackages are considered important for the unwieldy terrain of today's job market. Only those organizations that understand how to use this most powerful approach to their advantage by including comprehensive benefits in kind do well in the market for acquiring and retaining key brainpower.
The 4 best benefits in 2024, according to employees. Your benefits choices go a long way toward attracting the right employees. Here are the 4 best benefits in 2024, according to employees. A holistic benefits strategy is one of the most important factors that job-seekers consider when deciding where to work.
Offering a comprehensive employee benefitspackage is more important than ever, and Drewberry’s 2024 Employee Benefits And Workplace Satisfaction Survey found that a fifth of employees want insurance to protect their loved ones. Why Offer It? Or if the worst happens, their family will be looked after.
HR, reward and benefits professionals who want to be in with a chance of winning at the Employee Benefits Awards 2024 have just one day left to enter. There are 22 categories available to enter across a wide range of categories, including financial wellbeing , pensions, healthcare, employee engagement and mental health.
Nudge Global’s Global financial wellbeing report published in April 2024, for example, found that, for 90% of people across the globe, growing savings is now their top financial goal, with 87% also prioritising saving for retirement. And are they the right benefits and meeting the needs of [the] organisation?
Flexible benefits , voluntary benefits, and allowances or pots offer the potential for greater personalisation. A robust communications programme delivering frequent messaging in different formats helps employees know what is available, increasing the value of the benefitspackage.
An organisation should regularly communicate its benefits to current and potential employees if it wants to promote itself as an employer of choice. With this in mind, what impact can employers’ reward and benefits strategies have on recruitment and retention?
and £13 per hour depending on location as of April 2024. This is intended to benefit tens of thousands of UK employees, as well as more than 15,000 seasonal employees who will be hired at Amazon sites across the country for this year’s festive season. and £12.50 per hour, depending on location.
We also expect to see a greater focus on developing a compelling total reward package aligned to business outcomes, purpose and values, and talent and reward strategies. Events impacting pay, financial wellbeing and pensions. The cost-of-living payments that we’ve seen will continue.
The survey results suggest employers are enhancing their retirement benefitspackages to help meet those objectives. The responses to the defined benefit plan portion of the survey further supports these views.
This is particularly true when it comes to the workplace, where gender pay and pensions gaps are well documented. She said: “It is the perfect moment to conduct a thorough review of the workplace; is the working structure, benefitspackage, remuneration, and work designed to attract and retain female talent?
Our head of talent offers her expert tips for better hiring in 2024 If you’re a head of HR or head of talent in a growing UK organisation, you probably don’t need us to spell out the scale of the recruitment challenges that lie ahead for 2024. Whether internal or external, recruitment challenges are never-ending for UK HR teams.
Employees often take strike action over issues such as pay , health and safety, pensions, benefits, changes to terms and conditions, and union recognition. Unions may call strike action regarding issues such as pay , health and safety, pensions and terms and conditions changes, to name a few.
Defined benefit plans This retirement benefit plan is calculated based on multiple factors, including salary and service. The plans are protected by federal insurance provided through the PensionBenefit Guaranty Corporation or PBGC. Let us analyze how that fared for Allstate.
Recent research by PureGym for 2023/2024 shows a 2% increase in gym membership uptake compared to last year, but 54% of Brits say they don’t have a gym membership because they’re too expensive. At the peak of the cost-of-living crisis, 42% of Brits cancelled their gym memberships to cut back and improve their financial situation.
Workplace Pensions A great way to boost your employees pension pots! By opting to contribute a portion of their pre-tax salary into their pension, they can enjoy immediate tax and National Insurance savings. This type of pension gives pension pots a little boost, and can even increase employee take-home pay at the same time.
These macro developments prompt employers to expand the benefits they offer, with an emphasis on non-traditional options such as mental health services, remote work allowances, and professional development opportunities. The tech: AI-driven platforms can analyse employee data to offer these personalised benefits.
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