Best Money Moves

JULY 24, 2024

5 simple ways to increase engagement for financial wellness benefits. 5 proven strategies to increase employee engagement for your financial wellness programs. Financial wellness benefits are more important than ever before, as financial stress weighs heavily on Americans. Nearly half of all respondents (47%) in a recent MarketWatch survey claim that 2024 has been the most stressful year of their financial lives.

Retirement Plan 105

Retirement Plan Education Finance Employment 105

Employee Benefits

JULY 24, 2024

Corporate volunteering is a huge topic in 2024, and is only increasing in popularity. But understanding different types of volunteering can be tricky and time-consuming. As a business, you want to dive into employee volunteering, but you don’t know where to start. Sound familiar? OnHand can help. If you’re wondering why corporate volunteering matters: 91% of companies found a positive correlation between employee volunteering and employee engagement scores ( Boston School of Management ) 76% of

Healthcare 98

Healthcare Employee Benefits Employment Management 98

Employee Benefit News

JULY 24, 2024

From a deep understanding of Microsoft Word to knowing how to troubleshoot software, employees should be broadening their skill sets.

Employment 126

Employment Software Recruitment Technology 126

Vantage Circle

JULY 24, 2024

Are you curious about what your employees are truly thinking? Employee engagement surveys are the key to uncovering these insights. As companies increasingly recognize the value of an engaged workforce, employee engagement surveys have become an essential tool for gathering insights and driving positive change. However, collecting data is just the beginning—the true value emerges when you delve into the analysis.

Utilities 91

Utilities Employee Loyalty Management IT 91

Speaker: Kaitlin Ruby Carroll

Fertility benefits have become a crucial component of employee well-being and retention strategies. In today’s competitive landscape, creating a fertility benefits program that aligns with both employee needs and organizational goals can be more complex than it seems. From cycle-based to flat-dollar and telehealth models, each solution offers unique advantages and challenges that directly affect employee satisfaction and financial well-being.

Employee Wellness

Employee Benefit News

JULY 24, 2024

HPE's CPO shares how the company's generous parental leave policy helps support and retain their workforce.

Parental Leave 121

Parental Leave Employee Retention Employee Benefits 121

HR Lineup

JULY 24, 2024

In the ever-evolving landscape of modern workplaces, maintaining employee satisfaction and motivation is paramount for organizational success. One effective strategy to achieve this is through job enrichment. Job enrichment focuses on enhancing a job’s inherent elements to make it more rewarding and fulfilling for the employee. This comprehensive article delves into the meaning, methods, models, benefits, and real-world examples of job enrichment, providing a holistic understanding of this

Construction 81

Construction Employee Retention Education Human Resources 81

Employee Benefits

JULY 24, 2024

Newcastle Building Society has received living pension employer accreditation from the Living Wage Foundation. The society’s commitment will see its new employees, who join the organisation after 1 April 2024, receive a higher default level of pension than current auto-enrolment contributions, with workers paying 5% and employers paying 7%. Through auto-enrolment, employers must contribute at least 3% and employees pay 5%.

Pension 75

Pension Employment Salary Employee Benefits 75

International Foundation of Employee Benefit Plans

JULY 24, 2024

The 2024 Canadian Legal and Legislative Update kicked off with a comprehensive cross-country benefits update delivered by Kiersten Amos, counsel at McInnes Cooper, and Michael Wolpert, partner at Fasken Martineau DuMoulin. These updates covered a range of legislation affecting benefit plans across […] The post Cross-Country Benefits Update appeared first on Word on Benefits.

Employee Benefits 65

Employee Benefits 65

Employee Benefit News

JULY 24, 2024

Meeting every employee's unique needs is nearly impossible. So why not let them choose their own benefits?

Employee Retention 105

Employee Retention Employee Benefits 105

Employee Benefits

JULY 24, 2024

Since 2017, nuclear security technologies organisation AWE has worked to help its more than 7,000 employees on a journey towards embedding a whole-life savings approach. Working with Nudge, the employer’s approach encompasses offering a range of financial education and planning tools around retirement, budgeting, and investment, and tools such as mortgage calculators, all designed to help improve people’s financial confidence and outcomes.

Pension 64

Pension Recruitment Education Employee Benefits Management 64

Advertiser: Paycor

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!

Employment

Employee Benefit News

JULY 24, 2024

Meeting every employee's unique needs is nearly impossible. So why not let them choose their own benefits?

Employee Retention 106

Employee Retention Employee Benefits 106

Employee Benefits

JULY 24, 2024

Credit: tadamichi/Shutterstock Need to know: Employers are reporting more appetite among employees to save, especially for retirement, but encouraging a joined-up savings habit can still be challenging. Using payroll-based tools is becoming popular, but whatever products employers put in place need to be accompanied by ongoing financial education. Employee benefits professionals are key to helping organisations navigate what can be a complex product and regulatory landscape.

Pension 59

Pension Education Government Payroll 59

WEX Inc.

JULY 24, 2024

Creating a premium benefits experience is a key way companies differentiate themselves in a competitive labor market. But, too often, benefits selection is treated as an annual event instead of an ongoing and evolving journey. However, with clear goal-setting, you can increase employee satisfaction and loyalty while strengthening your company’s appeal to new candidates.

Health Savings Account 59

Health Savings Account Taxes Health Insurance Deductible 59

Employee Benefits

JULY 24, 2024

The King’s Speech on 17 July saw the new UK government reaffirm its commitment to introduce new employment legislation in Parliament within its first 100 days in office. The government plans to do this with a new Employment Rights Bill, that is intended to deliver on the wide range of policies set out in its ‘Plan to Make Work Pay’, published shortly before the general election.

Employment 59

Employment Government Consulting Employee Benefits 59

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Amidst rising cancer prevalence and soaring costs, new cancer technologies and innovations are emerging to support the early detection, treatment, and surveillance of cancer. Read this guide to understand how to evaluate these solutions for your employees and members – and to learn more about the current state of coverage, clinical and cost effectiveness, and impact on quality and outcomes.

Technology

Employee Benefit News

JULY 24, 2024

Walt Disney reached a tentative labor agreement with unions under threat of a walkout.

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Employee Benefits

JULY 24, 2024

Credit: William Barton / Shutterstock.com Pension and savings fintech Cushon has rebranded to Natwest Cushon a year after its acquisition by the banking organisation. Natwest took an 85% stake in the business and has invested in the development of its technology and products over the past 12 months. It will adopt Natwest’s tagline ‘Tomorrow begins today’, because this reflects its ambition to make pensions easier and more accessible for employees and employers.

Pension 59

Pension Banking Technology Employee Benefits 59

PeopleKeep

JULY 24, 2024

About 92% of Americans have some form of health coverage. But that doesn’t mean they don’t have medical bills 1. Even if your health plan has a low deductible and few copayments , your insurance provider will likely only pay a portion of your healthcare costs, leaving you to cover the rest. If you don’t pay your bills in a certain amount of time, they may end up at a collections agency.

Family and Medical Leave Act 52

Family and Medical Leave Act Medical Healthcare Deductible 52

Employee Benefits

JULY 24, 2024

Building materials manufacturer Knauf UK and Ireland has introduced financial education support for its 480 employees to develop their financial skills and knowledge. Knauf employees will be now be able to access interactive and impartial financial education and articles by finance experts, through a platform provided by financial education firm Nudge Global.

Education 59

Education Finance Manufacturing Employee Benefits 59

Advertiser: Paycor

HR leaders drowning in paperwork struggle to meet C-suite's strategic expectations. Burnout and high turnover plague the field, with 95% feeling overwhelmed. This guide explores how the right tools can free HR from admin tasks and empower them to become the strategic leaders they’re meant to be.

Workplace Insight

JULY 24, 2024

A new report from Harvard Business Review Analytic Services, in collaboration with Canva, claims to have uncovered the significant challenges organisations face when it comes to fostering creativity within the workplace. Despite the widespread belief in the importance of creativity, many organisations are struggling to create environments that nurture and encourage innovative thinking.

IT 52

IT Management 52

WEX Inc.

JULY 24, 2024

Welcome to the fifth installment of WEX’s six-part series on navigating the economy and its sometimes perplexing business cycle. In spring 2024, the Federal Reserve reported some surprising developments. In May, 272,000 jobs were added in the U.S. , exceeding economists’ expectations. Then the Fed met in June to assess interest rates. The Board of Governors remained conservative, holding rates steady for another period and maintaining its current target range between 5.25% and 5.50%.

Taxes 52

Taxes Engineering Government Management 52

CorpStrat

JULY 24, 2024

As open enrollment season approaches, most companies are looking to enhance their benefits packages without breaking the bank. Voluntary benefits offer an excellent solution, providing added value to employees, at little to no cost for employers. Among these offerings, AFLAC stands out as the most requested employee benefit, delivering products that resonate with employees and their bank accounts.

Voluntary Benefits 52

Voluntary Benefits Benefits Package Banking Health Insurance 52

Business Management Daily

JULY 24, 2024

Moviegoers love stories of resilience. For example, audiences cheer as Rocky, exhausted and bruised, summons the strength to bounce back against his ring opponent. Year after year at Christmas, we watch scrappy George Bailey triumph in the face of adversity with assistance from his community. As a result, such plots inspire us to overcome challenging situations in our lives.

PTO 52

PTO Healthcare Management Education 52

Speaker: Radhika Samant and Todd Wuestenberg

Employee recognition has often been deemed a "feel-good" initiative, tied closely to rewards. While we understand its importance, we tend to associate recognition with intangible outcomes like engagement and sentiment, rather than direct impacts on retention and high performance. In today’s workplace, the true ROI of recognition lies in its ability to regenerate tangible, business-driven results.

IT

Workplace Insight

JULY 24, 2024

The rising costs of welfare and the country’s increasing dependency on immigration have become significant concerns, prompting a call for reform from a prominent government health adviser. Alan Milburn, a former health secretary, has emphasised the need for individuals with long-term illnesses and others stuck in a cycle of long term unemployment to actively seek employment.

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Government Health and Welfare Pension Finance 52

Pacific Prime

JULY 24, 2024

In today’s rapidly evolving workplace, the conversation around parental leave has gained significant traction. While many companies have made strides in supporting working mothers, a crucial aspect often overlooked is the importance of paternity leave. This Pacific Prime article explores why paternity leave is not just a nice-to-have perk, but one of the must-have employee.

Parental Leave 52

Parental Leave Insurance Employee Benefits 52

COMPackage

JULY 24, 2024

In today’s competitive talent market, attracting and retaining top talent requires more than just a competitive salary. Organizations must effectively communicate the full value of their compensation packages, including benefits, perks, and other rewards. Total rewards statements serve as a powerful tool for conveying this information and enhancing employee satisfaction.

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Retirement Plan Health Insurance Disability Insurance Salary 40

Pacific Prime

JULY 24, 2024

Social health either begins at home or in the workplace. As we go about our daily lives while dealing with our obligations (both professional and personal), problems (both internal and external), and social obstacles, one problem stands out the most: the epidemic of loneliness. For many blessed with adequate social support systems, loneliness may appear.

IT 40

IT Insurance Employee Benefits 40

Advertiser: Paycor

A process checklist is a valuable tool for any HR professional to help ensure that all tasks are completed on time and accurately and improve communication and collaboration among team members.

Payroll

Minding the Workplace

JULY 24, 2024

I’m here at the International Congress on Law and Mental Health, held at the University of Barcelona Faculty of Law. Among other things, this biennial conference has been an important gathering spot for scholars, lawyers, judges, and other practitioners who work on themes related to therapeutic jurisprudence. In fact, in the 2017 Congress in Prague, Czech Republic, we held the launch event for International Society for Therapeutic Jurisprudence (ISTJ).

Education 30

Education Employment IT 30

15Five

JULY 24, 2024

If you think employee engagement is all about getting new hires excited about their work, you’re accidentally ignoring one of the biggest challenges in keeping your workforce as a whole engaged. Tenured employees. As they accumulate experience and expertise, tenured employees become key to some of your most important work. They accumulate a massive amount of institutional knowledge, allowing them to work independently and answer questions for people throughout your org chart.

Management 52

Management Recruitment Employee Wellness IT 52

PeopleKeep

JULY 24, 2024

If you're worried about the cost of care for your employees, you're not alone. For small employers , in particular, it's hard to find affordable health insurance. According to KFF 1 , in 2023, the average annual cost of employer-sponsored health insurance premiums per employee was $23,968 for family coverage and $8,435 for single coverage. If a group health plan is out of your budget, a healthcare reimbursement model may be the solution to your problem.

Healthcare 85

Healthcare Health Insurance Insurance Employment 85

Workers' Compensation

JULY 24, 2024

The proposed Judicial FOIA Expansion Act seeks to amend Title 5 of the United States Code to create a right of public access to certain records relating to the U.S. judiciary. This legislation, introduced by Representative Adam Schiff, represents a significant step towards increasing transparency within the judicial branch. Here’s an analysis of the key aspects of the Act and how it will enhance judicial transparency.

Workers’ Compensation 52

Workers’ Compensation Education Media Government 52

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Managing HR tasks like payroll, compliance, and employee data can overwhelm small businesses. That’s where a Human Capital Management (HCM) solution comes in. Our eBook, Why Every Small Business Needs an HCM Solution: A Comprehensive Guide , shows how an HCM system automates tedious processes, ensuring your business stays compliant and efficient. You’ll learn how to simplify payroll, eliminate costly errors, and empower your employees with self-service tools.

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