Workplace Insight
JUNE 25, 2024
Undoubtedly, the remote work revolution is in full swing. But it’s messy. Kolekti’s new Save the Knowledge Worker report found a colossal 96 percent of workers desire some form of remote work, and one in three employees is willing to quit if forced to return to the office full-time. And yet, which business leader can say their organisation has perfected the strategy for remote work?
BetterUp
JUNE 25, 2024
Stress is a part of our everyday lives, but not all stress is bad. While many people believe stress is always negative, the fact is, we need stress in our lives. We usually don’t brag about being stressed. In fact, many of us dream of living lives that are as “stress-free” as possible. But is that really a good goal?
McDermott Will & Emery Employee Benefits
JUNE 25, 2024
In December 2023, the National Association of Insurance Commissioners (NAIC) adopted a Model Bulletin on the Use of Artificial Intelligence (AI) Systems by Insurers. The model bulletin reminds insurance carriers that they must comply with all applicable insurance laws and regulations (e.g., prohibitions against unfair trade practices) when making decisions that impact consumers, including when […] The post State Regulators Address Insurers’ Use of AI: 11 States Adopt NAIC Model Bulletin ap
WEX Inc.
JUNE 25, 2024
The concept of work-life balance has become more than just a buzzword; it’s a necessity for employee satisfaction and retention. Employers are increasingly recognizing the importance of providing ample time off to their employees with more than 80% of U.S. employers planning to change their leave policies over the next two years. According to a recent study , 75% of employees who are dissatisfied with their current level of flexibility say they plan to seek a new job in the next year.
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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.
Best Money Moves
JUNE 25, 2024
Financial stress in 2024: Revealing insights about Americans and Money. Financial stress is still a major struggle for employees across all industries. Here are the top statistics updated for 2024. Once again, employee financial stress is on the rise as Americans grapple with higher prices, uneven wage growth and record-high credit card debt. Globally, extremely high inflation has pushed food, fuel and housing costs higher.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Business Management Daily
JUNE 25, 2024
Everyone gets sick sometimes. Therefore, it’s essential to have a sick leave policy in place to give your employees some time off when needed. Crafting detailed company policies is a significant task for business owners or human resources managers. There are plenty of legal considerations and workplace trends to keep up with that will inform how you should build or update your sick leave policy.
Qandle
JUNE 25, 2024
In the ever-evolving business milieu of today, organizations confront a central dilemma: retaining top-tier talent. The repercussions of employee turnover extend far beyond financial realms, touching upon productivity and workplace morale. A resilient talent retention strategy emerges as a cornerstone for organizations striving to allure, involve, and retain their high-caliber employees.
InterWest Insurance Services
JUNE 25, 2024
Under California law, auto insurers are required to verify vehicle mileage at least every three years, including current annual mileage and miles driven to and from work and/or school. The state requires insurers to collect this information so that they can price their policies according to a policyholder’s risk and ensure that drivers who spend more time on the road pay a higher premium than those who drive less.
HR Digest
JUNE 25, 2024
On June 18, the EEOC released a harassment prevention guide for the construction industry to follow, bringing attention to the unrest rampant among workers in the field. The EEOC contractor guidelines titled Promising Practices for Preventing Harassment in the Construction Industry include recommendations to combat systemic harassment and the undesirable barriers that affect the underrepresented groups in the industry.
Speaker: Debra Squyres
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.
Employee Benefit News
JUNE 25, 2024
Financial planning programs, expanded PTO and flexibility can attract and retain talent, according to this expert from ADP.
Employee Benefits
JUNE 25, 2024
Employee Benefits poll: Almost half (47%) of organisations are unsure if their wellbeing support provision is meeting employees’ needs, according to a survey of Employee Benefits readers. Meanwhile, just 18% of respondents said the believe that their wellbeing support provision was meeting employees’ needs, while 35% answered that they did not think it was.
Employee Benefit News
JUNE 25, 2024
Using a digital care platform can improve patient outcomes and save employers thousands of dollars in unnecessary medical spend.
Employee Benefits
JUNE 25, 2024
Nearly three-quarters (70%) of HR decision makers feel a greater responsibility to look after their employees’ health due to NHS waiting times, according to research by healthcare provider Simplyhealth. Its survey of 2,000 employees and 500 HR decision makers also found that the healthcare (45%) and education sectors (43%) were the most likely to see a rising number of sick days, followed by manufacturing (35%).
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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.
Workplace Insight
JUNE 25, 2024
The sentiments of employees around the world about AI and GenAI are evolving significantly, but cautious optimism endures, with 42 percent reporting confidence about the technologies’ impact on their work, compared to 26 percent at around this time last year. However, anxiety about the technologies is also on the rise, by 5 percentage points, and 49 percent of regular users believe their job may disappear in the next ten years, a view shared by only 24 percent of workers who do not use them.
WEX Inc.
JUNE 25, 2024
WEX, the global commerce platform that simplifies the business of running a business, is thrilled to announce that EG America , one of the fastest-growing convenience store retailers in the United States, has joined WEX EDGE , a savings network that provides access to discounted offers typically only available to large companies. This partnership will provide WEX’s existing network of EDGE customers with fuel discounts at more than 1,500 EG America locations in the United States, including Cumbe
Vantage Circle
JUNE 25, 2024
Good managers are among a company's most valuable assets. They are essential for team building, productivity, and managing employees both individually and collectively. Poor management, on the other hand, can disrupt an entire organization, leading to dissatisfaction, disengagement, and high employee turnover. This dynamic is captured well by the saying: "Employees don't leave companies; they leave their managers." Thus, it's vital to assess how management affects your tea
Employee Benefits
JUNE 25, 2024
Employees aged 60 and over feel better equipped to face rising costs than those aged 44-59 and parents of young children, according to analysis by investment, protection, retirement and in-house advice specialist LV=. Its LV= Wealth and wellbeing research programme , which is its quarterly survey of 4,000 UK adults and tracks current finances and future outlook, also found that 60% of respondents said they were financially comfortable, while 40% said they were struggling.
Speaker: Joe Sharpe and James Carlson
Running a small business is no small feat. Payroll management, in particular, can be one of the most time-consuming and complex parts of that equation. Yet, businesses that crack the code on streamlining these processes often discover not just savings, but new avenues for growth. Our expert speakers will share actionable insights and real-world examples of how businesses have reduced overhead and improved payroll efficiency.
Workplace Insight
JUNE 25, 2024
Treating people with fairness at work will ensure they flourish, thus boosting the team’s performance, according to new research by emlyon business school. However, this is not the case with team members who are money-motivated, and fair treatment actually doesn’t have any positive impact on their performance, the researchers say. These findings come from research by Thierry Nadisic, Professor of Organisational Behaviour at emlyon business school, France, alongside his colleagues, Professor Russ
Employee Benefits
JUNE 25, 2024
Insurance and reinsurance firm MS Amlin has introduced a paid carer’s leave policy to support its employees. Under the policy, all employees will be entitled to up to five days’ paid leave a year to care for a spouse, civil partner, child, parent, another dependent household member or a neighbour with a physical or mental illness, injury, a registered disability, or elderly care needs.
Workplace Insight
JUNE 25, 2024
A poll by Skillshub suggests there is a potential clash between firms issuing so-called return to office mandates and people unwilling to give up the flexibility and wellbeing benefits they say they have gained through remote and hybrid work. The survey claims that a significant proportion of UK employees (nearly half – 42.6 percent) are prepared to consider quitting their jobs if forced back to full-time office work.
Bayzat
JUNE 25, 2024
By now, ChatGPT has become a household name in the fields of Artificial Intelligence (AI), Natural Language Processing (NLP), and Large Language Models (LLMs). At the forefront of this revolution, OpenAI’s GPT-3 and its latest version ChatGPT-4 have captured the imagination of millions owing to their increased speed and real-time reasoning across human-like text, audio, and video.
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Our Free Welcome Email Templates (designed for both in-office or virtual employees) are ready for you to customize and use to plant the seeds of success for new team members.
Workplace Insight
JUNE 25, 2024
The UK office market is facing a period of significant upheaval, according to a new survey commissioned by workspace provider infinitSpace. The research paints what it says is a concerning picture for landlords, with a sizeable portion battling financial strain and even potential closure. Over 14 percent of the 250 surveyed landlords fear their office buildings could shut down within the next five years due to affordability concerns.
Vantage Circle
JUNE 25, 2024
Employee recognition is a crucial component of maintaining a motivated and engaged workforce, especially in large organizations. However, implementing effective employee recognition ideas for large companies can be challenging due to their scale and diversity. With thoughtful strategies and programs, companies can create a culture of appreciation that boosts morale and enhances productivity.
Workplace Insight
JUNE 25, 2024
Starting a startup is exciting, but the hard reality of limited finances may rapidly dampen the excitement. Being a founding member means that you are familiar with the difficult chore of running every penny to meet your needs. However, suppose you could think creatively, that is, outside the box, and find unusual approaches to cutting costs without compromising development or quality.
Snell & Wilmer Benefits
JUNE 25, 2024
On June 17, 2024, the IRS issued a fact sheet ( FS 2024-22 ) that provides answers to frequently asked questions (“FAQs”) about educational assistance programs under Section 127 of the Internal Revenue Code (“Code”). Employers should consider the following Section 127 compliance assistance offered in the FAQs: Educational assistance programs must be in writing.
Speaker: Radhika Samant and Adri Glover
The world of work has fundamentally changed. The series of waves that the pandemic began have rippled through the Great Resignation, quiet quitting, the Great Regret, and other eloquent phrases that boil down to the same thing: people aren’t engaged at work or enabled to perform at their best. The truth is that engagement and enablement is more important than ever, but how we do it is the critical differentiator for many organizations.
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