Mon.Feb 05, 2024

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30% of staff have or would call in sick to work despite feeling healthy

Employee Benefits

Almost a third (30%) of employees have admitted that they have or would consider calling in sick to work despite feeling healthy, according to new research from MetLife UK. Published to coincide with National Sickie Day (5 February 2024), the day when most workers are likely to phone in sick, the insurance and employee benefits provider found that 40% did so as they felt burnt out.

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4 things employers must do to keep current on HSA rules and regulations

Employee Benefit News

Employers that contribute to HSAs must monitor contributions, satisfy comparability rules, determine which financial organizations to work with and meet reporting requirements.

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How AI Wellness Chatbots Can Bridge The Mental Healthcare Accessibility Gap

Wellable

One-third of companies offer wellness chatbots as part of their benefits packages. Weigh their pros and cons for a balanced approach to employee mental health. The post How AI Wellness Chatbots Can Bridge The Mental Healthcare Accessibility Gap appeared first on Wellable.

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Are pensions set for a big retirement return in 2024?

Employee Benefit News

Major employers like IBM and Ikea are touting the benefits of pensions on their employees' financial well-being. Is the industry ready for a comeback?

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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

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.

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2024: The Year of the Telehealth Cliff

McDermott Will & Emery Employee Benefits

What does December 31, 2024, mean to you? New Year’s Eve? Post-2024 election? Too far away to know? Our answer: December 31, 2024, is when we will go over a “telehealth cliff” if Congress fails to act before that date, directly impacting care and access for Medicare beneficiaries. What is this telehealth cliff? Read more […] The post 2024: The Year of the Telehealth Cliff appeared first on EMPLOYEE BENEFITS BLOG.

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Webinar: Powering up Your HCM Practices for the Year Ahead on March 5, 2024

3Sixty Insights

In this webinar, we are joined by Pamela Stroko, Director and Principal Analyst, Talent and Performance Management research practice area, of 3Sixty Insights, and Kirsty Graham, VP of Global People Experience Operations, at Unit4, who discuss the importance of company culture, employee engagement, and how digital tools can help HR managers build strong relationships with talent to mobilize their workforce to do their best work.

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Workers are terrified of layoffs, AI and a recession in 2024

Employee Benefit News

MyPerfectResume found that 85% of workers are worried about losing their jobs in 2024.

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How to offer cost effective employee financial support

Employee Benefits

Jonathan Watts-Lay, Director, WEALTH at work, answers some key questions on the cost effective options available for employers to support financial wellbeing in the workplace. What options are available to employers to offer staff financial wellbeing support without breaking the budget? Implementing financial wellbeing support may not be as costly as employers might think, as it can be tailored to match the needs of a company and their budget.

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Tech layoffs continue to roil industry with 32,000 jobs cut in 2024

Employee Benefit News

Snap became the latest example, announcing on Monday that it's reducing its workforce by about 10%, or around 540 employees.

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Where You Can and Absolutely Cannot Cut Costs Corners in Benefits Administration

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.

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Reducing absenteeism & sending National Sickie Day on its merry way!

Employee Benefits

There’s an abundance of national days in the UK and globally, and National Sickie Day is one of many that impact UK employers. Let’s be clear: National Sickie Day isn’t a call to action. Statistics show that it’s the day of the year when UK employees are most likely to call in sick. It’s just one day… right? Wrong. In 2020, around 600,000 workers called in sick on that ‘one day’, costing the UK economy almost £45 million in lost revenue!

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Johnson & Johnson employee sues over prescription drug costs

Employee Benefit News

J&J allegedly mismanaged the company's prescription-drug benefits program, according to a lawsuit filed by an employee.

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Top tips for managing the cost of company car schemes

Employee Benefits

Credit: muk woothimanop/Shutterstock Need to know: Green electric vehicle (EV) salary sacrifice arrangements are growing in popularity. As well as tax savings, EVs can be cheaper to run and maintain, with used cars also a cost-effective option. Employees need to understand how benefit-in-kind (BIK) rates differ for both EV and internal combustion engine (Ice) cars.

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Minimalist Lifestyle: 24 Tips for Minimal & Simple Living

BetterUp

A minimalist lifestyle can reduce mental and physical clutter, boosting your productivity and well-being. Here are 24 ways to simplify your life.

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HR’s Blueprint for a Successful 2025

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.

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Clear costs are key component of Stephenson Harwood’s company car scheme

Employee Benefits

Law firm Stephenson Harwood has offered a salary sacrifice electric vehicle scheme to its 700 employees through provider Tusker since 2022. One of the key points throughout, but especially now during the cost-of-living crisis, is ensuring that both the costs and savings are totally clear for any employee interested in signing up, says David Tripp, payroll and pension specialist at Stephenson Harwood.

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Revised plans submitted for joint tallest building in Western Europe

Workplace Insight

Eric Parry Architects have put forward revised plans for the One Undershaft tower in central London. A planning application for the project was first submitted to the City of London authority in 2016. The revised plans would make it the joint tallest building in the UK. At nearly 290 m tall it was originally planned be one of the tallest skyscrapers in Western Europe.

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Leadership Insights: Navigating Emerging Trends and the Future of Performance Management

Darwinbox

The elements of performance management have evolved over the years. We at Darwinbox were keen on dissecting these emerging trends, and brought together HR leaders to share their thoughts on the future of performance management.

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E.On UK reports 13.1% mean hourly gender pay gap

Employee Benefits

Credit: nitpicker / Shutterstock.com Energy provider E.On UK has reported a 13.1% mean hourly gender pay gap for 2023, down 0.5% from 2022’s figure. The employer’s median hourly gender pay gap was 21.2%, down 3.9% from the prior year’s figure. Its mean average bonus pay gap was 44.2% in favour of men and its median average bonus pay gap was 55.5% in favour of men.

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7 Common ACA Compliance Pitfalls and How to Avoid Them

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.

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Feeling Lost: Signs, Causes, and 4 Tips for Finding Your Way

BetterUp

It’s normal to feel lost sometimes. In fact, it can be a sign of impending personal growth. Here are some of the signs you might be lost and how to find what to do next.

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Tribunal finds AstraZeneca scientist with mental health disability was wrongfully dismissed

Employee Benefits

An employment tribunal has found that a former AstraZeneca scientist with a mental health disability was wrongfully dismissed. James Muir, a senior scientist who had been developing the pharmaceutical firm’s recently approved cancer drug Truqap, had worked there since 1998. He suffered from chronic depression and anxiety and had taken extended leave as a result of these conditions.

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8 Best Payroll Software 2024

HR Lineup

Any business requires the best payroll software 2024 to manage its employees’ payroll. The software should be very effective to manage taxes and employee benefits. It should also ensure that employees receive accurate information concerning their wages/salaries or any other deductions. Additionally, an excellent payroll software does digital record keeping, enabling you and your employees to easily access the necessary information on payroll anywhere, with any device.

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GetYourGuide names new chief people officer

Employee Benefits

GetYourGuide, an online marketplace to book and sell travel experiences globally, has appointed Genevieve Vancutsem-Zednik as its new chief people officer. As of March, Vancutsem-Zednik will be responsible for setting the human resources and people strategy for GetYourGuide’s 800 employees across its 17 offices around the world as it expands its presence in the Americas.

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7 HR Priorities for 2025 to Supercharge Your Employee Experience

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.

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10 Best Employee Advocacy Software in 2024

HR Lineup

In the dynamic landscape of digital marketing, businesses are constantly seeking innovative ways to amplify their brand presence and engage with their target audience. One strategy that has gained significant traction in recent years is employee advocacy. Leveraging the influence of employees to promote a brand on social media and other channels has proven to be a potent tool for enhancing brand visibility and credibility.

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Streamlining Talent Acquisition: A Guide to Seamless Recruitment for Administrative Excellence

Professionals Alternative

[link] Streamlining Talent Acquisition: A Guide to Seamless Recruitment for Administrative Excellence ‍ Introduction to Talent Acquisition In today’s competitive business landscape, finding and attracting top talent is crucial for any organization’s success. Talent acquisition, the process of identifying, assessing, and hiring skilled individuals, plays a pivotal role in building a high-performing workforce.

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Time to Dust off the Suits: Understand the Rise of Return to Office Policies

HR Digest

As prophesied in the months that just passed, return-to-office policies are claiming more companies slowly and it seems employees are just as reluctant to return as predictions said they would be. Back in September, Resume Builder had estimated that around 90 percent of companies would be back in the office by the end of 2024, and 30 percent of these companies had reportedly taken a firm stance on these RTO policies, willing to fire employees who did not concede defeat.

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Motivating Volunteers At Non-Profits – 8 Tips & Best Practices

Hppy

Volunteers are the cornerstone upon which charitable organizations build their impact. Yet, inspiring and sustaining their zeal presents a unique set of challenges that stray from conventional employee management. Volunteers offer their time for reasons as varied as the causes they support, requiring a tailored approach to keep motivation high. In this exploration, we’re zeroing in on practical strategies explicitly crafted for nonprofits looking to kindle that spark in their volunteers.

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The HR Leader’s Workforce Management Guide

In today’s fast-paced business world, effective workforce management (WFM) isn’t just an option—it’s a necessity.