Workplace Insight

SEPTEMBER 11, 2024

British and Irish firms are increasing their investment in digital transformation, according to Docusign’s Digital Maturity Report 2024 , but this hasn’t yet translated into improved productivity or digital maturity. The poll of 600 decision makers in the UK and Ireland, now in its second year, reveals what it claims is a ‘stark productivity and efficiency paradox’ for employers, as well as a Catch-22 for workers.

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Technology Employment IT 120

Employee Benefit News

SEPTEMBER 11, 2024

Harvard University reports a decline in first-year Black students following the U.S. Supreme Court ruling.

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Workplace Insight

SEPTEMBER 11, 2024

facilities managmentWorkplaces need to be maintained and managed in a more agile and responsive way if they are to serve the needs of hybrid working and the so-called return to the office, according to new research from Colliers. Colliers Global Occupier Services’ new report Adaptive Facilities Management – a new vision in agility reveals traditional facilities management (FM) models, where services are delivered at fixed frequencies and costs, are no longer fit for purpose, due to occupancy l

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Management Technology Health IT 105

Employee Benefit News

SEPTEMBER 11, 2024

Information is being leveraged to inform and guide decision-making in the face of escalating healthcare costs without much transparency and accountability.

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Advertiser: Paycor

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

Management

PeopleKeep

SEPTEMBER 11, 2024

If the federal government considers your organization an applicable large employer (ALE), you’re subject to specific Affordable Care Act (ACA) rules. Navigating the ACA can be difficult, especially if it’s your first time. But, understanding the employer mandate is especially important to avoid steep penalties. The employer mandate requires ALEs to offer employee health coverage that meets specific affordability and value standards.

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International Foundation of Employee Benefit Plans

SEPTEMBER 11, 2024

Section 110 of the SECURE 2.0 Act of 2022 allows employers to make matching contributions toward employees’ qualified student loan payments (QSLPs) to 401(k) plans, 403(b) plans and governmental 457(b) plans (and SIMPLE IRAs plans not summarized in this blog). Internal Revenue […] The post IRS Guidance on Qualified Student Loan Payment (QSLP) Match Programs appeared first on Word on Benefits.

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Employee Benefit News

SEPTEMBER 11, 2024

T-Mobile's Magenta Giving Month gives workers the opportunity to support causes they care about.

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Employee Benefits 110

Employee Benefits

SEPTEMBER 11, 2024

Only a quarter of UK employers think their defined contribution (DC) pension provision will leave their workers with a comfortable retirement, according to research by Willis Towers Watson (WTW). The insurance and financial services firm’s annual Defined contribution pensions and savings report, which surveyed 112 FTSE 350 organisations and 187 UK employers, also found that DC pensions adequacy is of increasing concern to employers, with 82% of respondents wanting to do more with their DC

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Employee Benefit News

SEPTEMBER 11, 2024

According to Dayforce, a significant portion of workers don't earn a living wage, especially women and people of color.

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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

Retirement Plan

Employee Benefits

SEPTEMBER 11, 2024

The Labour government’s planned changes to give employees the right to request a four-day working week under plans to increase flexible working have hit the headlines. According to reports, the government is proposing to make it easier for employees to request compressed hours, whereby employees work their contracted hours in a shorter working week or other forms of flexible-working arrangements.

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Government Recruitment Employment Employee Benefits 64

BetterUp

SEPTEMBER 11, 2024

Jump to section What is social awkwardness?

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Business Management Daily

SEPTEMBER 11, 2024

According to the World Economic Forum (WEF), the world has desperately needed a reskilling revolution since 2020, and the problem has only been exacerbated in the years since the pandemic. Why is that? There are many reasons, including new technology like artificial intelligence, a retiring workforce, the prevalence of remote work, and Industry 4.0 (the Fourth Industrial Revolution).

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Technology Recruitment Education Engineering 52

Employee Benefits

SEPTEMBER 11, 2024

Credit: elina.nova/Shutterstock What are master trust pension schemes? Master trusts are defined contribution pension schemes , set up under trust law, which allow multiple employers that are unconnected with one other to participate. Each employer can set its own employer and employee contribution rates and usually has its own named section of the master trust.

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Speaker: Speakers:

HR and payroll impact every aspect of your business. Choosing the right provider is one of the most important decisions you’ll make. Before you decide, hear first-hand customer accounts in Paycor’s webinar to learn: The three most important things to look for when switching. How to begin your search. What are some of the red flags?

Payroll

Best Money Moves

SEPTEMBER 11, 2024

Understanding Gamification (The Key to Better Benefits). Gamification is a powerful tool for motivating employees at work. Learn how gamification strategies can improve performance and encourage benefits usage. Gamification is a powerful tool for motivating employees at work and a valuable addition to financial wellness benefits. These strategies educate employees while encouraging them to set and meet their financial goals in engaging ways.

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Retirement Plan Education Employment Employee Benefits 52

Employee Benefits

SEPTEMBER 11, 2024

NHS staff, teachers and public sector workers in Wales will receive pay rises of between 5% and 6% in 2024-2025. The pay awards will impact hundreds of thousands of public sector workers across Wales. The Welsh government accepted the pay recommendations from independent pay review bodies in full, with teachers and NHS staff on Agenda for Change terms and conditions set to receive a 5.5% increase.

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Banking Government Salary Education 59

Workplace Insight

SEPTEMBER 11, 2024

JLL’s latest Future of Work Survey claims to reveal new opportunities for the commercial property sector as two-thirds of business leaders expect their CRE budget to rise between now and 2030. Despite challenges in the commercial real estate sector and bumpy economic conditions, global business leaders are optimistic about the future, with two-thirds (65 percent) expecting their CRE budgets to increase by 2030, according to the poll.

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IT Manufacturing Retail Technology 52

Employee Benefits

SEPTEMBER 11, 2024

Bank of America has raised its minimum hourly wage for its US employees to $24 (£18.34) per hour as part of its commitment to increase the rate to $25 (£19.10) by 2025. As a result of the increase, which applies to all full-time and part-time hourly US positions, the minimum annualised salary for full-time employees will rise to nearly $50,000 (£38,202).

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Banking Parental Leave Human Resources Salary 59

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Best Money Moves

SEPTEMBER 11, 2024

Understanding Gamification (The Key to Better Benefits). Gamification is a powerful tool for motivating employees at work. Learn how gamification strategies can improve performance and encourage benefits usage. Gamification is a powerful tool for motivating employees at work and a valuable addition to financial wellness benefits. These strategies educate employees while encouraging them to set and meet their financial goals in engaging ways.

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Retirement Plan Education Employment Employee Benefits 105

Employee Benefits

SEPTEMBER 11, 2024

Between the 9 th and 15 th of September is UK Savings Week. In the current environment, it has become difficult for a lot of people to save as much as they would like, in fact, a survey [1] of working adults by WEALTH at work found that the biggest financial concerns for the year include not having enough savings for unexpected costs (40%) and not being able to save enough for the future (38%) This can have a serious impact on financial resilience, with the weight of this financial burden spill

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PeopleKeep

SEPTEMBER 11, 2024

As the healthcare industry evolves , physicians and hospitals seek new models to enhance collaboration. One such model is a physician hospital organization (PHO). A PHO serves as a strategic alliance. It helps streamline operations, improve quality of care, and deliver better health outcomes for patients. Given the need for efficient and effective healthcare, it's important to understand how these organizations work.

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Employee Benefits

SEPTEMBER 11, 2024

An Indian nurse who was sacked by a British care organisation has been awarded a £17,000 payout in unpaid wages. Kirankumar Rathod worked for Clinica Private Healthcare and was dismissed after he raised concerns that he was not being offered enough work. Rathod and a number of his colleagues had been encouraged to move to the UK with the promise of full-time employment.

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Healthcare Government Salary Recruitment 52

Advertiser: Paycor

HR leaders can use this calendar from Paycor to track important HR and payroll tax dates. The 2025 calendar includes: Tax filing dates Federal reporting deadlines Bank holidays Links to relevant tax forms …and more! Get your 2025 HR calendar today!

Taxes

HR Digest

SEPTEMBER 11, 2024

Bank of America has announced a $1 USD hourly wage raise for workers in the U.S., bringing the minimum hourly wage up to $24 USD. BoA’s wage increase in 2024 takes the bank one step closer to its ambitions to raise wages to $25 USD by 2025. The company has been on track to establish a competitive offer that can help with the retention of workers and attract talent to the organization over competition.

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Banking Parental Leave Salary Human Resources 52

Employee Benefits

SEPTEMBER 11, 2024

Financial wellbeing has become a regular component of the HR and employee wellbeing conversation, standing out as a distinct area of focus for both employers and employees. While we recognise it as a separate pillar of wellbeing, it connects with other aspects, such as mental, physical, and social wellbeing. But what exactly is financial wellbeing, and how does it fit into your overall people strategy?

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