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.
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.
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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.
Workplace Insight
JULY 10, 2024
Campaigners advocating for a four day work week are gearing up for a fresh pilot project aimed at promoting flexible working practices. The initiative is set to launch in November, with participating companies currently being invited to sign up. The findings from this project will be presented to the government in the summer of 2025. The push for a four-day working week, notably with no reduction in pay, has gained significant traction in recent years, particularly following the Covid-19 pandemi
Speaker: Jennifer Hill
Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.
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.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
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
Providing truly equitable benefits can be measured by discovering that two similarly situated employees classified differently have equitable outcomes.
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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Managing benefits administration is costly, and cutting corners in the wrong places can lead to disengaged workforces and the risk of non-compliance. This eBook from Selerix highlights areas where you can save without compromising the value of benefits. Proactively Thinking: Make decisions for the long run. Discover ways to be proactive in your decision-making to save money in the future, not just temporarily.
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.
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.
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.
Advertiser: Paycor
The HR industry is changing. Did you know… 1. There will be 4M more jobs than workers by 2033 ( BLS ). 2. For 84% of workers, flexibility is a top priority ( FlexJobs ). 3. 75% of employees have used AI at work ( CFO.com ). It’s time to meet the moment! Use Paycor’s guide to design a blueprint for success.
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.
Employee Benefit News
JULY 10, 2024
The key to keeping employees engaged and motivated is to give them more freedom, not less.
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.
Employee Benefit News
JULY 10, 2024
Employer benefits can create an affordable, supportive path to parenthood, regardless of family dynamics.
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Managing ACA compliance is a major headache, especially in industries with complex schedules and regulations. Errors can lead to fines, legal battles, and strained employee relationships. Ways to Avoid Penalties & Fines: Non-compliance with Hours of Service (HOS) or misclassifying employees can lead to fines and legal issues. We offer tools to avoid these penalties and ensure regulatory alignment.
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.
Speaker: Carolyn Clark and Miriam Connaughton
Forget predictions, let’s focus on priorities for the year and explore how to supercharge your employee experience. Join Miriam Connaughton and Carolyn Clark as they discuss key HR trends for 2025—and how to turn them into actionable strategies for your organization. In this dynamic webinar, our esteemed speakers will share expert insights and practical tips to help your employee experience adapt and thrive.
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.
Advertiser: Paycor
In today’s fast-paced business world, effective workforce management (WFM) isn’t just an option—it’s a necessity.
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