Thu.Jul 18, 2024

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Loud Budgeting: A Financial Discipline Strategy

Money Talk

Have you heard the term “loud budgeting?” It started gaining traction earlier this year on TikTok (where else?) and has been covered by financial media outlets ever since. An influencer named Lukas Battle coined the term, which is meant to convey transparent and intentional spending. Loud budgeting follows a 2023 term called “Quiet Luxury,” where people buy high-quality timeless, luxury items but do not brag about them.

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The top 5 companies for working parents

Employee Benefit News

These firms keep their employees content by providing a robust number of perks.

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IRS Announces Some Amended Returns Can Now Be E-Filed

PayrollOrg

On July 17, the IRS announced that some amended employment tax returns can be electronically filed using the Modernized e-File (MeF) program.

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Employee recognition will heal the healthcare industry

Employee Benefit News

Acknowledging the work of doctors, nurses, and other healthcare professionals helps to improve connection, retention and patient care.

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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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Voluntary Benefits Demand Surges as Employees Seek to Defray Costs

InterWest Insurance Services

Sales of voluntary group benefits grew at a record pace in 2023 as more employers expand their offerings and demand continues booming as employees seek out benefits that can defray costs, according to new research. Premiums collected for employer-sponsored voluntary benefits jumped 6.7% during the year to an aggregate $9.3 billion, with all lines of coverage contributing to the growth, according to the Eastbridge Consulting Group’s annual “U.S.

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Connection through design: The role of office designers in fostering workplace ties

Workplace Insight

For office designers creating spaces that foster rich, interpersonal connections between colleagues both in-person and remote is essential. Design with Impact is a philosophy that can help workplaces prepare to host these meaningful interactions, cultivating a shared sense of purpose among employees. There are many ways that people connect with spaces and within spaces.

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Backlash against ESG seen in sharp decline of fund launches

Employee Benefit News

Companies are choosing to focus on existing products instead of new ones in the wake of political pressure and poor performance.

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ADDIE vs. SAM Model: How to Choose The Best Training Model for You?

HR Lineup

In the world of instructional design, selecting the right model is crucial for developing effective training programs. Two prominent models stand out: ADDIE (Analysis, Design, Development, Implementation, Evaluation) and SAM (Successive Approximation Model). Each has its strengths and weaknesses, and understanding these can help you choose the best training model for your specific needs.

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Why employers can no longer ignore 'invisible' disabilities

Employee Benefit News

Many employees are reluctant to disclose a disability to a manager. Here's how to change that.

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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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Supermodel

Florida Workers' Comp

The British Broadcasting Corporation reports that you too could be a supermodel! Sounds too good to be true for me. If I were a model, I would be one several years out of date, without many of the most up-to-date features, and likely missing the owner's manual. A model perhaps, but more of a "T" than a "super." Well, read on. The news is about a drug that extends life.

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Connecticut Paid Sick Leave Information for Employers

Patriot Software

The Connecticut paid sick leave law was the first state-mandated paid sick leave in the United States, dating back to 2012. In 2024, the state passed a major Connecticut sick leave expansion that begins in 2025. Do you have to pay your employees for sick days in CT?

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Company car schemes increasingly opt for electric vehicles

Employee Benefits

Credit: muk woothimanop/Shutterstock A third of UK organisations which intend to review their company car programme in the next 12 months plan to introduce more environmentally friendly vehicles into the schemes, according to research by Willis Towers Watson (WTW). Its Company car benefits survey report, which surveyed 1,610 UK organisations across a broad range of industries about their company car benefit policies and practices, also found that the incentive for more sustainable cars is likely

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Workers Pay the Price—Amazon Prime Day Linked to Worker Injuries

HR Digest

A Senate investigation into worker injuries associated with Amazon Prime Day found that the company’s highly popular sale day has had a significant impact on the well-being of workers in the past. According to the report, data from the Amazon Prime Day Sale in 2019 showed that the injury rate had totaled up to just under 45 injuries per 100 workers.

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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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Talent shortage solutions: A forward-thinking strategy for business growth

Business Management Daily

What comes first as you fix the talent shortage? We can debate the age-old “chicken vs. egg” question, but it boils down to preference. In solving the talent shortage puzzle, I advise you to start from an unusual place—by first identifying your high performers. These individuals are the backbone of your organization, and their contributions are invaluable.

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Domino’s Pizza names executive vice president – chief human resources officer

Employee Benefits

Domino’s Pizza has appointed Maureen Pittenger executive vice president – chief human resources officer. Pittenger will report to Russell Weiner, chief executive officer of Domino’s. In her role, she will lead all aspects of the brand’s human resources strategies and functions. She joins the organisation with more than 20 years of experience in human resources, having previously served as senior vice president and chief human resources officer at motor vehicle manufacturing firm Dana since 2022.

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Improve driver safety: Install dash cameras

WEX Inc.

What are fleet dash cameras and how do they work? Using the latest in edge computing technology, dash cameras serve as vigilant guardians of both the road ahead and your drivers. While continuously capturing video, these cameras are designed to alert fleet managers during high impact incidents, such as accidents. This selective notification system ensures that managers prioritize and address the most significant events promptly.

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Three police forces accredited for supporting carers in the workplace

Employee Benefits

Bedfordshire, Cambridgeshire and Hertfordshire police forces have jointly received the Carer-Friendly Tick Award – Employers for their work in supporting employees who are unpaid carers. Established by the charity Caring Together, the Carer-Friendly Tick Award accreditation is awarded to employers, community groups and health organisations which demonstrate a commitment to identifying and supporting carers within their workforce.

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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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Luxury vehicle insurance: Securing top-tier coverage

Higginbotham

For owners of high-end cars, getting the right insurance is about more than just compliance – it’s about protecting your prized asset from the unique risks it faces. Luxury car insurance isn’t a separate policy, but a specialized version of auto insurance that’s tailored to meet the needs of luxury car owners. Compared to a typical car, a luxury vehicle can offer a unique driving experience and unparalleled comfort with its high levels of amenities, quality and performance – all of which may com

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Connaught Care Collection introduces free health checks for staff

Employee Benefits

Care home group Connaught Care Collection has rolled out free full-body health checks to all of its 184 members of staff. The service, which is provided by health services provider Bluecrest Wellness, is employer-funded. The care group’s aim is to help set a precedent for a more supportive and health-conscious work culture across the UK care industry.

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Are Employees Coming Back to Work Expecting Improved Benefits?

COMPackage

The COVID-19 pandemic irrevocably changed the landscape of work. Remote work, once a fringe concept, became the norm for many industries. As companies now navigate a hybrid or in-person return to the office, a critical question arises: Are employees coming back expecting more than just their old jobs? The answer, it seems, is a resounding yes. The Great Resignation highlighted a fundamental shift in employee expectations.

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Telehealth: Regulatory Questions Amid Legislative Uncertainty

McDermott Will & Emery Employee Benefits

One year on from the end of the COVID-19 public health emergency, the Medicare restrictions on telehealth that Congress waived to allow for and expand the use of telehealth and other forms of virtual care are set to expire. Congress has already acted twice to extend the waivers, most recently in the Consolidated Appropriations Act, […] The post Telehealth: Regulatory Questions Amid Legislative Uncertainty appeared first on EMPLOYEE BENEFITS BLOG.

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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!

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Will the planned defaults for those retiring be in their best interest

Employee Benefits

Jonathan Watts-Lay, Director, WEALTH at work, comments; “As a result of the new Pensions Bill, announced in the King’s speech, it will be interesting to hear more of the plans for trust-based schemes to be legally required to offer retirement income solutions to members, including default investment options. Defaulting members may have unintended consequences.

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The Impact of Total Compensation Statements on Employee Engagement and Motivation: Fueling a High-Performance Workforce

COMPackage

In today’s competitive work environment, employee engagement and motivation are critical factors for organizational success. Engaged employees are more productive, satisfied, and less likely to leave for other opportunities. Total Compensation Statements (TCSs) emerge as a powerful tool in this equation. By presenting a clear picture of the complete value proposition an employee receives, TCSs can significantly impact employee engagement and motivation.

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Shaping Human-Centered Workplace Cultures

International Foundation of Employee Benefit Plans

In recent years, there have been dramatic societal transformations that have affected the workplace. From the increased necessity for remote work to trends in employee turnover and new generations entering the workforce, work as we have known it is changing. Although these […] The post Shaping Human-Centered Workplace Cultures appeared first on Word on Benefits.

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HSBC Headquarters in Canary Wharf to undergo major transformation

Workplace Insight

In a significant redevelopment move, 8 Canada Square, currently the headquarters of HSBC, is set to be transformed into a modern multi-use skyscraper once the bank vacates its Canary Wharf location in 2027. The global banking giant will relocate to the Square Mile as part of a company refresh, prompting an overhaul of its existing headquarters. This morning, the Canary Wharf Group (CWG) announced plans to reimagine the iconic building into a state-of-the-art space encompassing workspaces, leisur

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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.