Fri.Aug 30, 2024

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CFPB Issues Rule Proposal on Earned Wage Access

PayrollOrg

The federal Consumer Financial Protection Bureau has issued a proposed interpretive rule on earned wage access (EWA). Learn more about what this could mean for EWA and how state laws treat EWA differently.

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NHS to offer workplace health checks to middle aged staff

Workplace Insight

The NHS is set to launch a comprehensive initiative aimed at preventing heart attacks and strokes by conducting health checks in workplaces across the UK. Over the next six months, more than 130,000 middle-aged employees will be offered free workplace health checks in their places of work. This national drive, known as Health MoTs, is designed to identify individuals at risk of type 2 diabetes or heart disease through a 20-minute evaluation that includes weighing staff and measuring their blood

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Fred Meyer Employees Strike Against Unfair Labor Practices

HR Digest

Thousands of Fred Meyer employees are on strike, protesting against unfair labor practices at the grocery chain. The union workers at Fred Meyer expect the strike to last through Labor Day until September 3, 2024. The strike began following FTC hearings in relation to a merger between Albertsons and Kroger , Fred Meyer’s parent company, but the issues between the union and the employer were ramping up even before the details of the merger planted disharmony between them.

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Tech will forever change employee benefits. Here's how.

Employee Benefit News

Experts predict how innovations will make employer-provided benefits more personalized, easier to use and lead to better outcomes.

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From Payroll Pains to Growth Gains: Streamlining Payroll & HR for Success

Speaker: Joe Sharpe and James Carlson

In the world of small business management, the challenge of managing payroll & HR efficiently while scaling operations can be overwhelming. Yet, with the right strategies in place, these challenges can become opportunities for growth and innovation. In this session, Joe Sharpe, Senior Director of Managed Payroll Services at IRIS, will reveal practical methods and expert insights for outsourcing and streamlining payroll processes, resulting in substantial time and resource savings.

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Pladis launches global parental and bereavement leave policy

Employee Benefits

Pladis, a snacking business that owns McVitie’s, Godiva, Jacob’s and Carr’s, has launched a global parental and bereavement leave policy to support its employees. Its global Life Transitions policy offers a commitment to support all of its 16,000 employees across its 20 operating countries with the same standard. This includes a minimum of 36 weeks of leave, with 18 weeks paid, for main carers after birth, assistance for secondary carers that includes four weeks’ paid leave, and a focused

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NHS Professionals and Schroders sign up to heating benefit scheme

Employee Benefits

NHS Professionals, Clear Bank, advertising and public relations agency Havas and asset management firm Schroders have signed up to a home heating employee benefit scheme. The benefit, which is provided by home improvement consultancy Heat Scheme, will give their employees access to one-to-one consultations, heating efficiency assessments and training webinars through an online portal.

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What is a Health Insurance Subsidy? Detailed Overview

PeopleKeep

Whether you’re a small employer or an individual, you probably want to reduce your healthcare costs. Rising premium rates and unexpected out-of-pocket expenses can make medical care challenging to budget for. Luckily, the federal government created health insurance subsidies to help eligible individuals and business owners afford a health plan. Different types of subsidies are available based on whether you’re an individual or a small employer, where you shop for healthcare, and where you live.

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Staff spend on essentials and luxury items narrows in 2024

Employee Benefits

Credit: Julia Sudnitskaya / Shuuterstock.com The amount employees are spending on essentials, such as groceries and home maintenance, and luxury items, such as Amazon vouchers or technology products, through reward schemes has narrowed, according to research by YuLife. The benefits and reward provider surveyed higher-earning white-collar workers in professional roles and lower-paid manual labour blue collar workers for its latest research.

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Embracing Efficiency: How Biometric Attendance Systems Revolutionize Time Management

Bayzat

Are you aware of the hidden costs that come with old-fashioned attendance tracking? In today’s business world, ensuring precise attendance records is a must, but it’s a task that many organizations struggle with. Outdated manual methods can lead to errors and even dishonest clocking practices. These problems affect not just the calculation of wages but also the management of your team and adherence to work regulations.

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Plant the Seed for Successful Onboarding!

Our Free Welcome Email Templates (designed for both in-office or virtual employees) are ready for you to customize and use to plant the seeds of success for new team members.

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The top 10 most read articles between 23 – 29 August 2024

Employee Benefits

The top 10 most read articles between 23 – 29 August 2024 on employeebenefits.co.uk were: Allpay introduces Hereford Gift Card as staff reward Next workers win equal pay claim Increased workload behind mental health absences for 40% of employers Scottish Power Energy Network workers accept pay increase 80% say paid carer’s leave would balance work and caring responsibilities Budapest named the world’s best workcation city for 2024 Amanda Glover: Impact of new flexible working laws on emplo

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5 Common Shift Scheduling Challenges

Bayzat

Have you ever felt the pressure of a shift schedule that doesn’t quite fit the puzzle of staff availability and business demands? Efficiently managing shift schedules is a challenge faced by businesses across various sectors, often leading to overstaffing or understaffing, unnecessary labor costs, and unhappy employees. These hurdles not only affect the company’s bottom line but also compromise customer service quality and employee well-being.

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Encirc opens looped walkway for employee wellbeing

Employee Benefits

Something for the weekend: Glass container design, manufacturing, bottling and logistics firm Encirc has created a looped walkway at its Derrylin, Northern Ireland factory, which it has now opened for its employees to use for their wellbeing. The 560 metre looped walkway was created with Business in the Community’s Biodiversity Charter. The project was part of Encirc’s sustainability strategy, as well as its commitment to create a great place for staff and work towards decarbonising glass bottle

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When can employees change their pretax deductions?

Business Management Daily

The cafeteria-plan rules require employees to designate their pretax deductions before the start of the plan year. For calendar-year plans, employees will be making changes very soon for the 2025 plan year. But stuff happens, and this stuff doesn’t account for another cafeteria-plan rule that requires employees’ designations to be locked in for the entire plan year.

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Engage, Empower, Excel: Transforming Performance in the New Era of Work

Speaker: Radhika Samant and Adri Glover

The world of work has fundamentally changed. The series of waves that the pandemic began have rippled through the Great Resignation, quiet quitting, the Great Regret, and other eloquent phrases that boil down to the same thing: people aren’t engaged at work or enabled to perform at their best. The truth is that engagement and enablement is more important than ever, but how we do it is the critical differentiator for many organizations.

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Why Modern Businesses Need Real-Time Attendance Insights

Bayzat

Ever felt the sting of payroll mistakes due to outdated attendance records? The core issue plaguing many businesses today is the lag in tracking employee attendance, which can ripple out into various areas of operation. Traditional attendance methods like manual timesheets are prone to errors, leading to payroll inaccuracies, lapses in productivity, and poor workforce management.

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Sure Ways To Drive Engagement With Strategic Recognition

HR Digest

Imagine starting your workday with a surprise celebration from your team: a banner at your desk, cheerful congratulations, and heartfelt messages acknowledging your dedication and hard work. How would that affect your motivation and sense of belonging? This is the power of strategic recognition — a seemingly small gesture with profound impacts on morale and engagement.

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Diversity and inclusion more than compliance

cipHR

Despite the many business benefits of a diverse workforce and a respectful and inclusive organisational culture, the focus of equality, diversity and inclusion (ED&I) for many companies remains quite narrow, and limited to legal compliance

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Vast majority people on zero hours contracts don’t want to be on zero hours contracts

Workplace Insight

A new poll makes the perhaps obvious point that a significant majority of workers on zero-hours contracts prefer stable, regular working hours. Commissioned by the TUC , the survey found that 84 percent of zero-hours contract workers would prefer consistent work schedules, while only 14 percent are content with their current arrangements. The poll also highlighted the financial difficulties faced by these workers due to underemployment.

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How to Increase Diversity in Your Workforce Through AI Technology

Diversity and inclusion are crucial for building a strong and innovative workforce. Discover how AI technology can revolutionize your hiring process and drive diversity in your organization. Explore over 10 ways AI recruiting tools can help you identify a wider pool of candidates, enhance communication strategies, and eliminate unconscious bias. Embrace the future of recruitment and create a more diverse and inclusive workplace with AI technology.

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Labor Day Holiday Hours

Employer Connection

Trustmark’s offices will be closed on Monday, Sept. 2, 2024, in observance of Labor Day. Regular business hours will resume on Tuesday, Sept. 3, 2024. Have a safe holiday!

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Employee Perks at Companies: How Top Firms Attract and Retain Talent

Empuls

In today’s competitive job market, employee perks have become essential in attracting, retaining, and motivating top talent. Companies that invest in unique and valuable perks see higher levels of employee satisfaction, engagement, and loyalty. According to studies, 60% of employees report that benefits and perks are a major factor in deciding whether to accept a job offer, and organizations with robust perks have 31% lower turnover rates.

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Employee Satisfaction Survey Companies for Accurate Insights

Empuls

Employee satisfaction surveys have become the foundation for businesses aiming to cultivate a thriving workplace culture. The significance of these surveys cannot be overstated, as they serve as a vital tool in gauging employee sentiment and engagement. According to Gallup's 2024 survey , only 18% of employees reported being extremely satisfied with their organization, marking one of the lowest satisfaction rates in 16 years.

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Employee Perks at Companies: How Top Firms Attract and Retain Talent

Empuls

In today’s competitive job market, employee perks have become essential in attracting, retaining, and motivating top talent. Companies that invest in unique and valuable perks see higher levels of employee satisfaction, engagement, and loyalty. According to studies, 60% of employees report that benefits and perks are a major factor in deciding whether to accept a job offer, and organizations with robust perks have 31% lower turnover rates.

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How To Empower Your Workforce With Modern Fertility Benefits

Speaker: Andrea Wuchiski

In an era where a workforce spans multiple generations, HR managers and Total Rewards leaders face the unique challenge of designing benefits packages that cater to diverse employee needs. This session will delve into how comprehensive fertility benefits can bridge generational gaps, support employees’ health, and enhance workplace satisfaction. Join us for an insightful session that highlights the strategic importance of fertility benefits in today’s competitive job market.