Tue.Jul 30, 2024

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Get the best results from your benefit budget conversations

WEX Inc.

Many companies are recession-planning and looking for ways to cut costs. But employees remain top of mind for employers, with 55% of businesses saying they will not reduce salaries if there is a recession, and 47% saying they will not reduce benefits. That’s because benefits are critical for attracting and retaining talent. As such, it is critical to make a strong case for employee benefits during the budget conversations with leadership.

Taxes 98
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Sustainable Leadership: Incorporating Recognition into Long-term Business Strategies

Vantage Circle

Many organizations become locked in a self-created paradox while pursuing sustainable leadership. While striving for long-term sustainability, they unintentionally damage their efforts through traditional recognition processes. This disparity between sustainability objectives and employee recognition is more than a small oversight; it is a significant problem at the core of many business plans.

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Let Payroll Leaders Conference Prepare You for the Future

PayrollOrg

PayrollOrg’s annual Payroll Leaders Conference (PLC) is back to unveil next-generation training to payroll professionals through four innovative certificate programs and three general sessions. The conference will be hosted at the Rosen Plaza Hotel in Orlando, Florida, September 23-25.

Payroll 118
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Marijuana may be key to helping cancer patients recover

Employee Benefit News

Employers must think outside the box when it comes to cancer care. Here's why cannabis should be a serious consideration.

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4 HR Predictions for 2025: Supercharge Your Employee Experience with Internal Communications

Speaker: Carolyn Clark and Miriam Connaughton

The future of HR is here, and it's all about collaboration, innovation, and impact. Join us for a forward-thinking session where seasoned experts Miriam and Carolyn will share insights and practical strategies to help you stay ahead of evolving HR trends. Discover how to build strong partnerships with internal teams to craft a transparent, authentic, and connected workforce experience.

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Working with AI drives innovation, but business leaders are sceptical

Workplace Insight

Collaborating with artificial intelligence increases the volume, diversity and detail of new ideas from business leaders according to a new poll from design consultancy IDEO. The survey also suggests that using AI to accelerate innovation rather than efficiency can increase growth by more than a third. In the study 1,000 business leaders answered a brief to design new products and services that could achieve both growth and sustainability objectives.

More Trending

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Challenging the concept of work-life balance as we know it

Workplace Insight

The notion of work-life balance has been talked about for decades with the underlying claim that if you achieve it, everything will be perfect. In post-Covid workplaces, hybrid working is becoming the norm and promises of flexibility and yoga on a Thursday lunchtime adorn recruitment adverts. From a distance, it would be easy to think we’ve now nailed the work-life balance challenge.

IT 107
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A disconnect still exists between employees with disabilities and their employers

Employee Benefit News

Lack of comfort and communication are keeping the needs of disabled workers from being met.

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Celebrating National Wellness Month In August

Wellable

National Wellness Month takes place in August. Explore ways to celebrate it in the workplace and set the foundation for a year-round culture of health. The post Celebrating National Wellness Month In August appeared first on Wellable.

IT 105
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US job openings hold steady, defying recent slowdown trend

Employee Benefit News

U.S. job openings came in above forecast last month, according to the Bureau of Labor Statistics.

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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.

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58% of employers say health benefits underused by staff

Employee Benefits

Health and wellbeing benefits are the most impactful component of an employee value proposition (EVP) but are underutilised by staff, according to new research from Cigna Healthcare. The report, Harnessing health – measuring the impact of employee health and well-being benefits, surveyed employers and staff in the UK, US, Hong Kong, Singapore and the United Arab Emirates (UAE), and found that for employers, employee wellbeing is a top priority in their organisation and the benefits produce tangi

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A sustainability toolkit for your workplace

Employee Benefit News

Small and large efforts, and a spirit of collaboration, can make a difference in reducing the impact of climate change.

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Cal/OSHA’s Indoor Heat Illness Regulations Take Effect

InterWest Insurance Services

Cal/OSHA’s indoor heat illness prevention regulations took effect July 24, requiring employers to implement safety measures when indoor workplace temperatures reach or exceed 82 degrees Fahrenheit. The new rules apply to most indoor workplaces, such as restaurants, warehouses and manufacturing facilities, and require employers to provide water, rest, cool-down areas and training when temperatures exceed the threshold.

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Junior doctors agree 22% pay deal

Employee Benefits

The government and the British Medical Association (BMA) have agreed a 22.3% pay deal for junior doctors. Chancellor Rachel Reeves confirmed the pay offer in her speech to parliament yesterday (29 July), saying that “today marks the start of a new relationship with the government and staff working in the NHS”. Reeves added that this and other public sector pay rises would require “difficult choices” in terms of how public money was spent, and said she would ask all departments to find savings to

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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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Retroactive Legislation

Florida Workers' Comp

There is an intersting legal issue being discussed in the news recently, spurred by legislative action in 2024. It involves retroactive application of statutory changes in the broadest context, but the focus is a Home Owner Association (HOA) in Sarasota. The story starts with covenants attached to land in a particular neighborhood development. As a result of these in particular, residents are not allowed to park trucks at their homes overnight ("between the hours of 11 p.m. and 5 a.m.").

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Navigating Job Hopping: Insights for Hiring Managers

Qandle

Job hopping is a hot topic in today’s job market, and opinions on it are divided. As hiring managers, it’s crucial to understand the nuances of job hopping to make informed hiring decisions and create strategies for retaining top talent. In this article, we’ll delve into the pros and cons of job hopping, how to evaluate candidates who have a history of job hopping, and tips for creating a supportive work environment that encourages employee loyalty.

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3 Big Benefits Mistakes to Erase From Your Program

Best Money Moves

3 big benefits mistakes to erase from your program. Your employees are disappointed in their benefits. Avoid these common benefits mistakes to improve engagement and promote wellbeing at your company. The right benefits strategy is critical to attracting and retaining talent at any company. In a recent PeopleKeep survey, 81 percent of respondents felt that an employer’s benefits package was a deciding factor when accepting a new job.

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Digital age workplace: Why soft skills matter more than ever

Business Management Daily

What do remote work, artificial intelligence advancements, and video conferencing tools all have in common? They’re all significant contributors to the rapid digitization of the modern workplace. Digital transformation has been skyrocketing since the pandemic in 2020, with digitalization increasing by an average of 6 points across the world’s advanced economies the year after.

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Why (and How) to Switch to a New HR & Payroll Platform

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?

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One Step Closer to Victory—Apple Union Secures Tentative Contract

HR Digest

Apple has reached a tentative union contract with its first unionized store in Towson, Maryland, but the contract is still pending full approval from members. Similar to other major tech players in the country, the iPhone maker had managed to hold off union activities for quite a while until the Apple Maryland union came to be in 2022. There have been no deals struck between the company and its workers so far, but the recent Apple labor agreement may finally turn things around for workers.

Retail 52
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10 Best Employee Retention Software in 2024

HR Lineup

Employee retention is a critical challenge for organizations across industries. High turnover rates can lead to increased costs, decreased morale, and disruptions in productivity. To address this issue, many companies are turning to employee retention software, which uses advanced technologies to help retain top talent. In 2024, several solutions stand out for their effectiveness, innovation, and user satisfaction.

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Cybersecurity and AI are biggest threats to business, say HR leaders

Workplace Insight

New research from BT claims there is widespread anxiety among business leaders in the HR sector regarding the pace of technological change. In fact, 96 percent of HR company directors and executives report suffering from ‘bytemares’ – tech-related stress that’s severe enough to disrupt their sleep – with cybersecurity and AI coming up as the main sources of anxiety.

Finance 59
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Greggs pension scheme completes £100m buy-in

Employee Benefits

The trustee of Greggs plc 1978 Retirement and Death Benefit scheme has entered into a £100 million bulk purchase annuity transaction with Aviva. Greggs provided additional funding support that facilitated the buy-in to increase the long-term security of all member’s benefits, as part of the trustee’s long-term de-risking strategy. The deal covers the majority of the scheme’s liabilities.

Pension 59
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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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New employee onboarding checklist

Higginbotham

Starting a new job is a big transition. New employees need to learn everything from the location of the breakroom to available employee benefits. If anything falls through the cracks during orientation, you may be setting the employee up to fail. A new employee onboarding checklist can help ensure you cover everything. The Importance of the Onboarding Process Employers put a lot of resources into finding, hiring and training workers.

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CrowdStrike Outage Proves HR's Need for Payroll Continuity Planning

BerniePortal

Recent news has shown business leaders, and particularly human resources professionals, the importance of a solid business continuity plan. On Friday, July 19th, 2024, CrowdStrike pushed a patch update that went disastrously wrong.

Payroll 52
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Six Wishes for the Forthcoming Final Regulations Under MHPAEA

McDermott Will & Emery Employee Benefits

On July 1, 2024, the US Department of Labor (DOL) submitted final regulations to the Congressional Budget Office (CBO), implementing the Mental Health Parity and Addiction Equity Act (MHPAEA) as most recently amended by the Consolidated Appropriations Act, 2021 (CAA).

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Will Artificial Intelligence Increase Workplace Discrimination?

BerniePortal

The impact of AI in the workplace largely depends on who oversees its use, if anyone. Without proper oversight, employers who rely too heavily or carelessly on AI risk unintentional discrimination and significant legal consequences.

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HR’s Complete 2025 Calendar of Important Dates

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!