WEX Inc.
OCTOBER 2, 2024
HSAs. FSAs. LSAs. If you’ve never been asked if you would like to participate in an employee benefits account before, you might be asking yourself, “What are all these acronyms?” In the second blog post in our three-part series to educate first-time participants, we walk through a few factors you should consider when choosing among employee benefits accounts for the first time.
Pacific Prime
OCTOBER 2, 2024
Around the globe, individuals, families, and organizations are feeling the pinch as the cost of health insurance continues to rise. Taking the US as an example, our Cost of International Health Insurance Report 2023 reveals that the average annual premiums for individual international private medical insurance (IPMI) in 2022 was a staggering USD $9,817, while.
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Workplace Insight
OCTOBER 2, 2024
Around a third of companies already use wearables to track their team’s activity and better gauge their physical, mental and emotional wellbeing, according to Deloitte’s 2024 Global Human Capital Trends Report. Deloitte predicts that usage will increase to two thirds by 2027. Neurotechnology, which uses electronics to read brain activity and can contextualise employee behaviour and interactions, is also anticipated to ramp up dramatically in use in that timeframe, from 3 percent to 31 perc
Employee Benefit News
OCTOBER 2, 2024
Core components of an effective benefits package include meaningful health and wellness programs, work-life balance initiatives and professional development.
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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
HR Lineup
OCTOBER 2, 2024
Headcount reporting is a critical aspect of workforce management that helps organizations maintain a clear understanding of their staffing levels and resource allocation. It provides a comprehensive view of the number of employees within a company, segmented by various categories such as department, job function, location, and employment status. This data enables employers to make strategic decisions around hiring, budgeting, and workforce planning.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Employee Benefits
OCTOBER 2, 2024
The median pay increase across the economy remained at 4% in the three months to August 2024 after falling from 4.8% in June, according to the latest figures from Incomes Data Research (IDR). Its latest pay settlement figures were based on a sample of 39 pay awards effective between 1 June and 31 August 2024. These were mostly within large organisations and covered more than 740,000 employees.
Employee Benefit News
OCTOBER 2, 2024
Barry Gauch, VP, strategic alliances & partnerships, talks leadership inspiration, family commitment, and how coaching builds employee commitment.
Employee Benefits
OCTOBER 2, 2024
Managing sickness absence can be a daunting task for many employers to handle, as it often requires striking a fine balance of having a delicate approach in supporting employees, while considering business needs of minimising disruption and costs. An October 2023 report by the Chartered Institute of Personnel and Development (CIPD), Health and wellbeing at work 2023, discovered that a typical employee takes an average of 7.8 days of sickness absence in a year, which is noted as the highest lev
Employee Benefit News
OCTOBER 2, 2024
CEO Virgílio Bento explains how AI and a dedication to patient care have allowed the company to adopt outcome-based pricing.
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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.
Employee Benefits
OCTOBER 2, 2024
Mandatory ethnicity pay gap reporting will be introduced in the future, along with the Equality (Race and Disability) Bill. Ethnicity data is a special category under GDPR, so employers must state what it will be used for and how it will be stored. Employers can use ethnicity pay data to identify wage disparities and opportunities or recruitment biases.
Business Management Daily
OCTOBER 2, 2024
Just as a toxic workplace breeds employee discontent as negativity and lousy behavior permeate the environment, a positive workplace culture spreads attitudes and actions that lead to desirable outcomes. The atmosphere is one in which people feel valued, respected, supported, and treated well. They understand the company’s purpose and their part in business success.
HR Digest
OCTOBER 2, 2024
If you were convinced that layoffs were an IT sector phenomenon , the pharmaceutical industry would like to have a word with you. With the excuse of restructuring and cost-cutting to back it up, CVS has announced its own layoff plans for 2024. The number of jobs being cut aren’t quite as dramatic as some of the cuts announced by other tech giants, but for the employees, a job loss is an opportunity lost, regardless of how many of their colleagues exit with them.
Employee Benefits
OCTOBER 2, 2024
Financial education provider Nudge and global employee experience platform Reward Gateway | Edenred have joined forces to provide financial education to the platform’s global users. Through the partnership, employees with access to Reward Gateway | Edenred’s employee experience hub will also be able to access Nudge’s financial education support, which includes tracking financial health, interests, benefit campaign outcomes and wider business impact.
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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.
Higginbotham
OCTOBER 2, 2024
When it comes to protecting your vehicle, choosing the right insurance coverage is one of the most critical choices you can make. Collision and comprehensive insurance each offer unique protection: collision insurance is designed to cover damage from accidents with other vehicles or objects, while comprehensive insurance is there for non-collision incidents such as theft, fire or natural disaster.
Employee Benefits
OCTOBER 2, 2024
Conference sessions for Employee Benefits Live 2024, which will be held at ExCeL London, are now open for booking. As Europe’s largest dedicated reward and benefits event for the HR and reward industry, the event will take place on Tuesday 8 and Wednesday 9 October. The programme offers valuable insights to address the challenges facing organisations’ HR, people, and reward strategies.
Abel HR
OCTOBER 2, 2024
In today’s highly polarized environment, the question of whether a company should take a stand on political issues is more pertinent than ever. At Abel HR, we understand the complexities businesses face in making this decision. This blog explores the pros and cons of corporate political activism and provides insights to help you navigate this challenging terrain. 1.
Employee Benefits
OCTOBER 2, 2024
Cadent believes it is good practice to carry out ethnicity pay reporting in order to be fully transparent, understand potential pay discrepancies and identify any potential root causes, as this then drives meaningful actions to address them. The gas distribution network employs more than 6,000 UK employees and first published its ethnicity pay gap data in 2022, despite there currently being no legal requirement to collect, analyse or report on ethnicity pay.
Speaker: Kaitlin Ruby Carroll
Retaining top talent in 2025 means rethinking benefits. In a competitive job market, fertility benefits are more than just offerings - they are a commitment to your team’s well-being. Gain critical insights into the latest fertility benefits strategies that can help position your organization as an industry leader. Our expert will explore the unique advantages and challenges of each model, share success stories from top organizations, and offer practical strategies to make benefits decisions tha
PeopleKeep
OCTOBER 2, 2024
Health insurance protects you financially when you need routine care or experience a medical emergency. But while health insurance covers many services and items, you’ll still have to pay for some expenses out-of-pocket—regardless of your insurer or plan type. Knowing which out-of-pocket medical expenses you may encounter can help you choose the right coverage for you and your family.
3Sixty Insights
OCTOBER 2, 2024
In this episode of PeopleTech, Mark Feffer sits down with Dylan Teggart, of 3Sixty Insights. This episode focused on AI and what end users think about it, but also look at what else developers are building while advanced tech gets all the attention. That and more, on this edition of PeopleTech. Listen to the full podcast here: Developers Look Beyond AI, with 3Sixty Insights’ Dylan Teggart The post Guest Podcast: Developers Look Beyond AI, with 3Sixty Insights’ Dylan Teggart appeared
The Workcomp Writer
OCTOBER 2, 2024
The Supreme Court of Nebraska recently affirmed an award of benefits to a claimant who alleged respiratory injuries from wearing a UV-sterilized N95 mask at work [ Prinz v. Omaha Operations LLC , 317 Neb. 744, 2024 Neb. LEXIS 106 (Sept. 27, 2024)]. The court addressed, as a matter of first impression, whether a medical expert’s use of the word “associated” was sufficient to establish causation.
BetterUp
OCTOBER 2, 2024
Jump to section What is a dark empath? Understanding the dark triad and dark triad personalities 8 dark empath traits What causes dark empathy?
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Structured interview questions are a valuable tool for reducing bias in hiring. They help: Ensure all candidates are asked the same questions in the same way Level the playing field so all candidates have a fair chance of being successful Improve credibility, reliability, and validity Download the guide to get the most out of your interview questions!
COMPackage
OCTOBER 2, 2024
A well-crafted total compensation statement is a powerful tool for attracting and retaining top talent. By clearly outlining the comprehensive benefits package offered, organizations can demonstrate the value they place on their employees and differentiate themselves in a competitive job market. Core Components of a Total Compensation Statement Template A comprehensive total compensation statement should include the following key elements: Employee Information: Clearly identify the employee, inc
International Foundation of Employee Benefit Plans
OCTOBER 2, 2024
How often do you think about your teeth? Until there’s an ache or pain, most people don’t think about their teeth until something bothers them. The mouth, often referred to as the “gateway to the body,” has been linked to a host […] The post Healthy Smiles: Exploring Canadian Dental Care appeared first on Word on Benefits.
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