Wed.Jul 24, 2024

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5 Simple Ways to Increase Engagement for Financial Wellness Benefits

Best Money Moves

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.

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15 examples of corporate volunteering

Employee Benefits

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

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Employers want to see these 10 tech skills on resumes

Employee Benefit News

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

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Maximizing Insights: How To Analyze Employee Engagement Surveys Effectively

Vantage Circle

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.

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We’re Here to Help! How to Navigate Your Top HR Priorities

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

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Giving birth, then back to work: Building better parental leave policies

Employee Benefit News

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

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Job Enrichment: Meaning, Methods, Models, Benefits & Examples

HR Lineup

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

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Workers would take a demotion or pay cut to avoid being laid off

Employee Benefit News

According to Resume Builder, nearly a third of workers would take lower salaries to avoid being laid off.

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Newcastle Building Society accredited as living pension employer

Employee Benefits

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%.

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Customization will unlock the full potential of invaluable resources

Employee Benefit News

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

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4-Week Roadmap for New Hires

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.

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AWE promotes pension understanding as part of a whole-life savings approach

Employee Benefits

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.

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Customization will unlock the full potential of invaluable resources

Employee Benefit News

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

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Embedding a joined-up savings approach

Employee Benefits

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.

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How to create benefits enrollment experience goals using the S.M.A.R.T. technique

WEX Inc.

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.

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Transform Employee Wellbeing and Control Costs Through Data-Driven Strategies

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.

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Paul McGrath: Understanding employment law reforms

Employee Benefits

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.

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Disney reaches tentative agreement with Southern California unions

Employee Benefit News

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

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Cushon rebrands to Natwest Cushon

Employee Benefits

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.

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Does Medical Debt Affect Your Credit Score? Essential Information

PeopleKeep

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.

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How to Make The Best Benefits Decisions for 2025's Workforce: An HR and Total Rewards Guide

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

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Knauf UK and Ireland implements financial education support

Employee Benefits

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.

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Organisations struggle to nurture creativity even though they see it as essential

Workplace Insight

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.

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An EV plan for the future: creating a small business adoption strategy

WEX Inc.

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%.

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How to Keep Tenured Employees Engaged in the Workplace

15Five

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.

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Reduce Bias in Hiring: Structured Interview Questions for Employers

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!

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Enhance Your Benefits Package for Pennies: The Power of Voluntary Benefits

CorpStrat

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.

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Workplace resilience: The key to thriving in challenging times

Business Management Daily

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.

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Getting the long term unemployed back into work will transform the economy, says Government adviser

Workplace Insight

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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Why Paternity Leave is an Essential Benefit for Modern Businesses

Pacific Prime

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.

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The Diversity Reckoning: Can HR Survive Without New Perspectives?

Speaker: Jeremy York

2024 has tested every organization, and 2025 promises no less - the warning signs are everywhere. If you’re relying on superficial approaches to diversity, you might find yourself scrambling to catch up. Thought diversity - the fuel for new ideas, fresh perspectives, and disruptive innovation - is more than a buzzword. It's a survival strategy. And if you’re not building it into your workplace culture right now , you’re heading for trouble.