Wed.May 29, 2024

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How can employers effectively deliver financial wellbeing support to a dispersed workforce?

Employee Benefits

Need to know: Financial wellbeing support must be accessible to all employees on demand regardless of their working location. Finding out what is needed can help shape support to a dispersed workforce. Support and communications that are useful to the majority of employees can avoid exclusion. In its State of financial wellbeing index 2024 report, published in May 2024, Wagestream found that half (54%) of the employees surveyed said financial concerns have caused their mental health to decline.

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Not luddite dinosaurs but the sensible voice of caution on AI. And you need to listen

Workplace Insight

In my line of work, it is easy to get away with not being au fait with technology. Having previously laughed off my ineptitude saying ‘there’s a reason I work with people not machines!’ I never considered I had a place in the realm of all things IT and computers. Until I discovered AI. More specifically, Deep Neural Networks. With a specialism in Neuropsychology, I was intrigued by a discipline that aimed to recreate that which we barely understand; the human brain.

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What does out-of-network provider mean?

PeopleKeep

As medical costs continue to rise across the U.S., more healthcare consumers are seeking ways to save. And while you may not be able to control many factors that impact your healthcare costs, you can understand whether the physician you choose is “in-network” or “out-of-network”. In this article, we’ll explain what out-of-network providers are, including how they compare to in-network providers, and show you how a health reimbursement arrangement (HRA) from your employer can help you cover your

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FDA Establishes CDER Center for Drug Innovation (C3TI)

McDermott Will & Emery Employee Benefits

On April 15, 2024, the US Food & Drug Administration (FDA) announced the establishment of the Center for Drug Evaluation and Research (CDER) Center for Clinical Trial Innovation (C3TI). C3TI will serve as the central support hub for innovative approaches to clinical trials designed to improve the quality and efficiency of drug development and regulatory […] The post FDA Establishes CDER Center for Drug Innovation (C3TI) appeared first on EMPLOYEE BENEFITS BLOG.

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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

Speaker: Jennifer Hill

Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.

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Power station staff employed by Nuclear Restoration Services strike over pay

Employee Benefits

More than 500 workers employed by Nuclear Restoration Services (NRS) have begun strike action today (29 May) in a dispute over pay and conditions. The craft technicians, general operators, engineers, maintenance fitters and safety advisors, who are members of trade union Unite, are based at the Dounreay power station in Scotland. A total of 85.5% of members previously backed strike action, with a turnout of 82.3%.

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Employee lifecycle support: From day one to retirement

WEX Inc.

Supporting employees throughout their lifecycle is essential for improving engagement, loyalty, and long-term satisfaction in the workplace. By optimizing employee benefits and creating a supportive environment, employers can enhance the employee experience at every stage of their journey, from onboarding to retirement. This comprehensive guide will help you understand and implement effective employee lifecycle support.

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A Comparative Review of the Top 10 Applicant Tracking System for Small Businesses

Vantage Circle

Introduction In the competitive world of small business, finding the right talent quickly and efficiently is crucial. An Applicant Tracking System (ATS) can be a game-changer, simplifying and enhancing recruitment. However, with many options available, choosing the right ATS can be overwhelming. This blog provides a comparative overview of the top 10 ATS software for small businesses, helping you make an informed decision.

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How I got this job: Leaders from the C-suite share their secrets

Employee Benefit News

HR execs and benefits experts from Walmart, Lyft, DailyPay and more share what motivated them up the corporate ladder, and how they help other employees succeed, too.

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Toxic employee: Warning signs and proven solutions

Business Management Daily

Workers with a toxic colleague likely try to minimize contact with the problematic employee. Who, after all, really wants to subject themselves to the complaining, bragging, blaming, gossiping, and other negative behavior toxic individuals continuously exhibit? Toxic people drain the air from a room, put co-workers on edge, and worsen bad situations.

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Where You Can and Absolutely Cannot Cut Costs Corners in Benefits Administration

Managing benefits administration is costly, and cutting corners in the wrong places can lead to disengaged workforces and the risk of non-compliance. This eBook from Selerix highlights areas where you can save without compromising the value of benefits. Proactively Thinking: Make decisions for the long run. Discover ways to be proactive in your decision-making to save money in the future, not just temporarily.

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Giving birth, then back to work: Recovering from loss

Employee Benefit News

The hosts of the podcast "Worst Girl Gang Ever" share how to help employees who have experienced miscarriage and infertility.

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How to Hire and Manage Temporary Employees

Patriot Software

Do you need an extra set of hands for a few weeks or months? You may opt for a temporary employee. Temporary employees can cover for employees on leave, help during your busy season, or fill in gaps in the workplace. Hiring temporary employees can help you avoid overhiring.

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How this organization is setting homeless moms up for professional success

Employee Benefit News

San Diego's largest homeless services provider, Father Joe's Villages, is helping moms change their family's lives for the better.

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Best Practices for Multiemployer Retirement Plan Death Audits

International Foundation of Employee Benefit Plans

Fiduciaries have many responsibilities that stem from the duties of care, loyalty and prudence, including ensuring the correct benefits are paid to the correct participants and beneficiaries of the plan. Benefits Magazine authors Lisa L. Kaiser, CEBS, and Carey R. Wooton, CEBS, explain […] The post Best Practices for Multiemployer Retirement Plan Death Audits appeared first on Word on Benefits.

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HR’s Blueprint for a Successful 2025

The HR industry is changing. Did you know… 1. There will be 4M more jobs than workers by 2033 ( BLS ). 2. For 84% of workers, flexibility is a top priority ( FlexJobs ). 3. 75% of employees have used AI at work ( CFO.com ). It’s time to meet the moment! Use Paycor’s guide to design a blueprint for success.

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10 Best Employee Evaluation Software of 2024

HR Lineup

Employee evaluation software has become an essential tool for organizations aiming to enhance productivity, streamline performance reviews, and foster employee development. As we step into 2024, the market is brimming with innovative solutions designed to meet the diverse needs of businesses. What is Employee Evaluation Software? Employee evaluation software is a digital tool designed to streamline and enhance the process of assessing and managing employee performance within an organization.

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Parents struggle to balance work amid soaring child care costs

Employee Benefit News

A lack of affordable child care is estimated to cost workers and companies billions of dollars annually in lost earnings, productivity and revenue.

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MIT professor pours cold water on the prevailing hype about AI and the economy

Workplace Insight

A study by MIT economist Daron Acemoglu appears to challenge the prevailing optimism surrounding artificial intelligence (AI) and its economic impact. While many experts predict a future fuelled by AI-driven productivity booms and reduced inequality, Acemoglu’s research paints a more cautious picture. His findings suggest that AI’s impact on productivity and inequality may be far less dramatic than anticipated, and could even exacerbate the gap between the rich and the poor.

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32% of cybersecurity teams can't hire talent, putting companies at risk

Employee Benefit News

A new study revealed the toll of labor shortages on tech teams and how employers should be addressing the issue.

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7 Common ACA Compliance Pitfalls and How to Avoid Them

Managing ACA compliance is a major headache, especially in industries with complex schedules and regulations. Errors can lead to fines, legal battles, and strained employee relationships. Ways to Avoid Penalties & Fines: Non-compliance with Hours of Service (HOS) or misclassifying employees can lead to fines and legal issues. We offer tools to avoid these penalties and ensure regulatory alignment.

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David Lloyd Clubs introduces communication hub for global workforce

Employee Benefits

Credit: D MacDonald / Shutterstock.com Health, fitness and wellness group David Lloyd Clubs has introduced a mobile-first communication platform for its global workforce of more than 10,000 employees to foster a connected culture and sense of community. The DLConnect app, which is provided by Unily, will be rolled out to the whole organisation this summer.

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Remembering a fallen hero who helped us rethink healthcare

Employee Benefit News

The late Marshall Allen, an award-winning investigative journalist and book author, inspired legions of benefits professionals to seed better solutions.

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People receive a phone notification every ten minutes on average

Workplace Insight

A new study by musicMagpie claims to reveal the growing incidence of phone anxiety, particularly among younger people. It highlights a constant barrage of notifications with the average person receiving a 146 notifications daily, translating to one notification every ten minutes. However, so-called Gen Zs and Millennials were found to be significantly more affected than their Gen X counterparts.

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Schuh ensures inclusivity with financial wellbeing support

Employee Benefits

Schuh ensures its financial wellbeing support is offered to all of its employees, whether they work remotely, in store, or in its head office, to maintain inclusivity across all teams. The fashion footwear retailer has 124 stores in the UK, Ireland and online, and employs around 4,000 people across the UK and Ireland. Schuh provides its employees with access to financial benefits platform Wagestream which allows them to choose when and how they receive their pay, helps them to set and achieve sa

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7 HR Priorities for 2025 to Supercharge Your Employee Experience

Speaker: Carolyn Clark and Miriam Connaughton

Forget predictions, let’s focus on priorities for the year and explore how to supercharge your employee experience. Join Miriam Connaughton and Carolyn Clark as they discuss key HR trends for 2025—and how to turn them into actionable strategies for your organization. In this dynamic webinar, our esteemed speakers will share expert insights and practical tips to help your employee experience adapt and thrive.

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People are more loyal to employers in the Asia Pacific region than Europe and the US

Workplace Insight

Employees’ commitment to their employer varies greatly by region, a new global report has found. According to nudge’s annual Global Financial Wellbeing Report [registration], which surveyed 11,500+ people around the world, how valued employees feel at work varies significantly from East to West. In Europe, attitudes appear to be more cynical in relation to loyalty in the workplace.

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Telereal Trillium completes £130m full pension scheme buy-in

Employee Benefits

Commercial property investment firm Telereal Trillium, now known as TT Group, has completed a £130 million bulk purchase annuity full scheme buy-in for its pension plan. The plan is sponsored by Telereal Services. The transaction, which was carried out by Aviva, will see that the defined benefit liabilities for around 500 members of the pension scheme are insured, removing the investment and longevity risk.

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A Comparative Review of the Top 10 Applicant Tracking System for Small Businesses

Vantage Circle

Introduction In the competitive world of small business, finding the right talent quickly and efficiently is crucial. An Applicant Tracking System (ATS) can be a game-changer, simplifying and enhancing recruitment. However, with many options available, choosing the right ATS can be overwhelming. This blog provides a comparative overview of the top 10 ATS software for small businesses, helping you make an informed decision.

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Furniture Makers to hold next sustainability event focussed on ecodesign

Workplace Insight

The Furniture Makers’ Company, the City of London livery company and charity for the furnishing industry, is hosting its next sustainability event focussed on the issues surrounding ecodesign, including the implications of the new EU law, Ecodesign for Products Regulation (ESPR). The seminar, which is sponsored by Blum UK, will be held on Wednesday 3 July at Furniture Makers’ Hall, London.

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The HR Leader’s Workforce Management Guide

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