WEX Inc.
JULY 10, 2024
Did you know employers can enhance their benefits offerings by incorporating voluntary benefits? But what exactly are voluntary benefits, and how can employers design an effective plan? We sat down with Hugh McDaniel, manager of channel partnerships at WEX, to get his insights on crafting voluntary benefits plans that meet the diverse needs of employees.
Employee Benefit News
JULY 10, 2024
Providing truly equitable benefits can be measured by discovering that two similarly situated employees classified differently have equitable outcomes.
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PeopleKeep
JULY 10, 2024
With millions of Baby Boomers retiring every year, Millennials and Generation Z dominate the workforce. There are 49.5 million Millennial workers and 17.3 million Gen Zers in the U.S 1. These younger generations have brought many unique and diverse perspectives to how we live and work, and the healthcare market and employers must keep up to meet their expectations.
Employee Benefits
JULY 10, 2024
Credit: piyaphun phunyammalee / Shutterstock.com Sporting and fashion brand Fred Perry and pie making business Pieminister have received real living wage employer accreditation from the Living Wage Foundation. Employees at the two organisations across the UK will now receive a minimum of £12 per hour, while those based in London will get £13.15. This is higher than the government’s national living wage of £11.44, which applies to workers aged 21 and over.
Advertiser: Paycor
In today’s fast-paced business world, effective workforce management (WFM) isn’t just an option—it’s a necessity.
Employee Benefit News
JULY 10, 2024
A psychotherapist at WINFertility shares the employee benefits new moms need for their own mental health after welcoming a baby.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
HR Lineup
JULY 10, 2024
The concept of remote work has evolved significantly over the past few years, especially with the global pandemic accelerating the shift towards flexible working arrangements. Companies across various industries are now offering remote positions to attract top talent and enhance employee satisfaction. For job seekers, this means a wealth of opportunities accessible from the comfort of their homes.
Employee Benefit News
JULY 10, 2024
CNN will eliminate about 100 positions as part of a plan to merge its digital and traditional pay-TV news-gathering teams.
Employee Benefits
JULY 10, 2024
The gender health gap describes disparities in healthcare access and care outcomes based on gender. Data and survey feedback can determine if an organisation has a gender health gap. Investing in diverse, inclusive and equitable health support can go some way to addressing a gender health gap. The gender health gap refers to disparities in health outcomes and access to, and quality of, healthcare depending on an individual’s gender.
Workplace Insight
JULY 10, 2024
There was a time, not so long ago, that one of the most important factors to consider when designing an office was the corporate hierarchy. The office was once the embodiment of the corporate structure. In Joanna Eley and Alexi Marmot’s 1995 book Understanding Offices , quite a lot of space is dedicated to the idea of the ‘space pyramid’, which means simply that the higher up the organisation you were, the more space you were allocated.
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Are you helping your people proactively plan for retirement? How are you prioritizing the mental health of your HR team? These are a few of the questions that HR professionals are seeking answers to today. Luckily, Gallagher’s consultants came together with four robust articles (and one infographic) that help address these pain points and provide you with proactive planning tips to help you simplify, personalize and create flexibility in your benefits offerings to help ensure your people thrive
Employee Benefits
JULY 10, 2024
Employer-funded healthcare trusts are an established, tax-efficient way to deliver the benefit of medical treatment to employees without having to buy employer-paid health insurance. Traditional insurance involves paying an insurance firm a premium, including 12% in tax, that reflects the insurer’s prediction that claims will be made by employees, as well as its need to make profits and meet its own operating costs.
Employee Benefit News
JULY 10, 2024
The key to keeping employees engaged and motivated is to give them more freedom, not less.
Employee Benefits
JULY 10, 2024
Almost half (45%) of organisations find it difficult to meet employee expectations with their current benefits packages , according to research by employee benefits software firm Benify. Its Boost competitiveness by leveraging global benefits and total rewards report, which was sponsored by Harvard Business Review Analytic Services and surveyed 214 HR leaders at multinational organisations, also found that 87% of HR leader respondents think employee expectations are higher than ever, while 76% c
PeopleKeep
JULY 10, 2024
Healthcare costs can be a major concern for many employers and employees. Health savings accounts (HSAs) and traditional health insurance plans are two common options for managing healthcare expenses, but they have some key differences. Understanding the ins and outs of these two options can help you decide which one is best for your needs. In this article, we'll go over how HSAs and health insurance compare.
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HR and payroll impact every aspect of your business. Choosing the right provider is one of the most important decisions you’ll make. Before you decide, hear first-hand customer accounts in Paycor’s webinar to learn: The three most important things to look for when switching. How to begin your search. What are some of the red flags?
Employee Benefit News
JULY 10, 2024
Employer benefits can create an affordable, supportive path to parenthood, regardless of family dynamics.
International Foundation of Employee Benefit Plans
JULY 10, 2024
Bill C-58 received royal assent on June 20, 2024 to ban the use of replacement workers and will come into effect June 20, 2025. This legislation was developed through extensive consultations with unions and employers and received unanimous support in Parliament. Bill […] The post Bill C-58, An Act to amend the Canada Labour Code and the Industrial Relations Board Regulations appeared first on Word on Benefits.
Qandle
JULY 10, 2024
In today’s complex business environment, companies often seek ways to streamline their operations and focus more on core business functions. Professional Employer Organizations (PEOs) have emerged as a strategic solution for managing human resources effectively. This article explores what PEOs are, their services, and their impact on HR practices with real-world examples.
15Five
JULY 10, 2024
You can usually tell the difference between an employee who’s really satisfied with their job and someone who’s just skating along. They might volunteer for extra projects, bring a box of donuts around the office more often, and generally lift up the rest of the team. That’s because when someone is satisfied with their job, every day matches exactly what they expect.
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In today's dynamic business environment, HR leaders face immense pressure to optimize costs while maintaining a competitive edge to attract, retain and engage their workforce. Gallagher can help you meet that challenge head-on. Our proprietary data and people analytics platform, Gallagher Drive ® , provides the elevated insights you need to make impactful program decisions that are aligned with your organizational goals and set your strategy up for long-term success.
3Sixty Insights
JULY 10, 2024
The future of work is dependent on people as the key to organizational success. With HR playing a pivotal role through advanced people performance analytics, these analytics offer detailed insights into employee performance, diversity, equity, inclusion, and learning and development, and are becoming increasingly prescriptive with AI advancements. The evolution of modern performance management, which emphasizes frequent, meaningful conversations over annual reviews, enables HR to transition from
Empuls
JULY 10, 2024
According to a Gallup report, 85% of employees aren’t feeling engaged at work. The reasons can be low employee morale, lack of appreciation, not being heard, performance issues, etc. To bring your workforce back on track, gifts for employees come as a helping hand, offering a boost of energy and motivation to perform. As per research by PR Newswire, 75% of employees feel valued when their company offers gifts.
HR Digest
JULY 10, 2024
Nonprofit government contractor Didlake has reached a settlement with the EEOC after it was accused of discrimination against deaf employees. As per the agreement of the disability discrimination settlement, the company will have to pay $1,017,500 USD and provide programmatic relief. The lawsuit alleged that the company was in violation of the Americans with Disabilities Act (ADA) , which required employers to provide reasonable accommodations for employees if it did not pose an undue hardship t
Employee Benefits
JULY 10, 2024
Central Co-op ensures all employees receive equal health provision and achieve good outcomes, no matter their gender, by supporting them through all aspects of wellbeing. The food retail, petrol filling stations, funeral services and property investment business employs around 7,400 employees. To help employees better understand and access healthcare benefits, it launched a wellbeing campaign titled ‘We’ve got you’ in April 2024.
Advertiser: Paycor
HR leaders can use this calendar from Paycor to track important HR and payroll tax dates. The 2025 calendar includes: Tax filing dates Federal reporting deadlines Bank holidays Links to relevant tax forms …and more! Get your 2025 HR calendar today!
McDermott Will & Emery Employee Benefits
JULY 10, 2024
California’s SB 553, which went into effect July 1, 2024, creates a new layer to California employers’ existing injury and illness prevention programs. Under SB 553, all California employers are now required to implement a workplace violence prevention plan (WVPP), provide training to employees regarding the WVPP and keep records of workplace violence incidents.
Employee Benefits
JULY 10, 2024
Talent and recruitment firm The Adecco Group ensures that male and female staff receive equal health outcomes by positioning itself as a supportive and committed employer. The group employs 39,000 employees across 60 countries. Its benefits that support physical and mental health include private medical cover once employees have completed their probationary period, as well as access to a wellbeing centre, discounts across many UK retailers, gym exercises, meditation tools and articles to help th
CorpStrat
JULY 10, 2024
The majority of US employers will be getting a very thick package in their inboxes from their insurance company in the next 60 to 90 days. Included in this is their plan renewal for their benefits, which may include potentially a rate adjustment, as well as plan benefit changes – some of which are mandated by law, and some of which are a function of an evolving landscape of benefit plans and design structures.
Employee Benefits
JULY 10, 2024
Retailer Co-op has reported a mean pay gap of 5.2% between its employees from a lower and higher socio-economic background. For its first socio-economic pay gap report, the employer collected voluntary data from 48% of its 57,000 UK employees between April 2023 and April 2024. It used the Social Mobility Commission’s method to measure socio-economic background.
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Nearly one-quarter of employees (23%) admit they’ve cried within the first week! Give new hires a positive start with this four-week onboarding roadmap. This schedule outlines all the turns, detours, and speedbumps new hires can expect in their first month. We’ve included suggestions for each week to help you make your new employees’ highway to success an easy road.
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