Employee Benefits

AUGUST 9, 2024

Almost two thirds (64%) of younger workers said health cover is their most valued benefit , compared to 46% of those aged over 55, according to research by Simplyhealth. The health plan provider survey of 500 HR decision makers across UK businesses and 2,000 employees also found that 78% of younger respondents aged 18-34 said it is important that their employer provides health cover , with 71% claiming they would switch employers if it was not offered.

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Vantage Circle

AUGUST 9, 2024

Human resources managers increasingly view employee engagement as a key performance indicator. However, measuring engagement is complex due to its many contributing factors. A vital component of engagement is employee morale or enthusiasm, which can be improved through various strategies, especially by prioritizing worker well-being. According to a Gallup poll , companies with high employee engagement experience 21% higher profitability and 41% lower absenteeism.

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Employee Benefits

AUGUST 9, 2024

Two-fifths (43%) of employers are confident that they know how to support employees to achieve their financial goals , however, 60% of employees believe their employer is not interested in supporting them, according to research by Nudge Global. Its annual Financial wellbeing report, which surveyed more than 11,500 employees worldwide, also found that 27% of respondents said their financial wellbeing stops them feeling engaged and 31% said it stops them feeling motivated at work.

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PayrollOrg

AUGUST 9, 2024

The IRS said it will process more employee retention credit (ERC) claims and continue compliance work.

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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 Benefit News

AUGUST 9, 2024

A survey from Pelago emphasizes the importance of reducing stigma and providing the support employees need to get healthy.

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Employee Benefit News

AUGUST 9, 2024

Awareness, a strong workplace culture and diverse benefits can make all the difference in workers' short and long-term wellness.

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Employee Benefits

AUGUST 9, 2024

Current unrest across the UK mean this is a worrying and frightening time for many. The violence and ongoing threat of further unrest is extremely unsettling, even for those that have not been identified as potential targets. Although the actions of anti-racism protestors and local communities which came together against the far right on Wednesday evening provided a much-needed show of solidarity for many, the threat of extreme racism has not abated altogether.

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Employee Benefit News

AUGUST 9, 2024

Despite a half century of ERISA achievements, threats linger in the form of potential tax policy changes, increased litigation and regulatory uncertainty.

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Employee Benefits

AUGUST 9, 2024

Banking organisation Barclays has removed a European Union (EU) imposed cap on bonuses for some of its bankers and traders. As part of this change, the bank’s material risk takers (MRTs) will be able to earn a bonus worth up to 10 times their base salary , an increase from a current ratio of 2:1. The 10:1 cap does not impact certain MRTs in the EU, who remain subject to EU 2:1 bonus cap rules.

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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.

HR Lineup

AUGUST 9, 2024

In the fast-paced world of talent acquisition, predictive hiring software is revolutionizing the recruitment landscape. By leveraging advanced algorithms, data analytics, and machine learning, these tools help companies predict candidate success, streamline hiring processes, and ultimately make more informed hiring decisions. What is Predictive Hiring Software?

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Employee Benefits

AUGUST 9, 2024

The top 10 most read articles between 2 – 8 August 2024 on employeebenefits.co.uk were: Microsoft awards staff one-off performance-based cash award Osbornes Law launches fertility testing as a staff healthcare benefit Saudi Arabia enhances retirement age, pension contributions and maternity leave Sodexo UK and Ireland receives menopause-friendly accreditation Hong Kong and Israel award Olympic athletes the biggest bonuses Crawford and Company launches new working abroad policy Median pay a

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Workers' Compensation

AUGUST 9, 2024

On Monday, a federal judge ruled that Google had acted illegally to maintain a monopoly in online search. This landmark decision strikes at the power of tech giants in the modern internet era and may fundamentally alter how they do business. Judge Amit P. Mehta of the U.S. District Court for the District of Columbia held in a 277-page ruling that Google had abused a monopoly over the search business.

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Employee Benefits

AUGUST 9, 2024

Something for the weekend: If you’ve ever experienced a job that felt more routine than rewarding, with regularly decreasing engagement and motivation levels, then you’re not the only one. Reddit user Alimmouch posted a farewell resignation email a co-worker sent round on their last day in the office after seven years. It had a sarcastic yet humorous tone, and reflected on their decision to move away from a position that had become stagnant to search for a new role.

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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.

BerniePortal

AUGUST 9, 2024

Yes, you probably do. But don’t panic—this doesn’t mean you need to be the love police, nor should your policy be a romance-ruining roadblock. The goal is to maintain a positive workplace culture and avoid any sticky situations that could lead to favoritism, conflict, or even lawsuits.

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Higginbotham

AUGUST 9, 2024

Nonprofit board members offer their time and expertise to support worthy missions. In doing so, they can make decisions that impact the organization, its employees, donors, beneficiaries and other stakeholders. If these decisions are questioned, lawsuits may follow. To protect their personal assets against such lawsuits, board members should make sure they’re protected with nonprofit board insurance.

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Wellable

AUGUST 9, 2024

Corporate financial wellness programs help employees manage finances effectively for reduced stress, enhanced well-being, and improved workplace performance. The post A Guide To Financial Wellness Programs For Employees appeared first on Wellable.

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Business Management Daily

AUGUST 9, 2024

Clichés like “fast-paced business world” are used so often that they lose all meaning, but not when referring to a person’s career. The gig economy, quiet quitting, poly work—all these side hustles just show how quickly one’s job situation can change, and if your Plan A doesn’t include a Plan B, it could be a bumpy ride.

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Speaker: Kaitlin Ruby Carroll

Retaining top talent in 2025 means rethinking benefits. In a competitive job market, fertility benefits are more than just offerings - they are a commitment to your team’s well-being. Gain critical insights into the latest fertility benefits strategies that can help position your organization as an industry leader. Our expert will explore the unique advantages and challenges of each model, share success stories from top organizations, and offer practical strategies to make benefits decisions tha

Employee Wellness

Employee Benefits

AUGUST 9, 2024

Friend MTS, a provider of video content security solutions, has named Jill Ezard chief people officer. Ezard has more than 30 years of HR experience, most recently specialising in supporting leaders through significant change, including executive coaching, strategy development and organisation design. She will lead Friend MTS’s cultural change and initiatives to introduce more effective ways of working, as it aims to meet its growth targets.

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BetterUp

AUGUST 9, 2024

Jump to section What is general adaptation syndrome (GAS)? What triggers general adaptation syndrome?

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Employer Connection

AUGUST 9, 2024

The current self-funded plan design Stop-Loss Statement, formerly Aggregate Claim Liability Statement, is available to view in the Document Center by logging in to the website. Groups will continue to receive a monthly email notifying them that an important document is available for them to view in the Document Center. The Stop-Loss Statement report tracks claims and compares actual claim activity to the aggregate claim liability.

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Hppy

AUGUST 9, 2024

Let’s talk about HR and saving the world, for a hot minute. Non-profits have undergone significant changes in recent years, and they often face unique challenges that require creative solutions unavailable to their extremely well-funded capitalist cousins. Exploring new HR strategies can yield significant benefits, ensuring nonprofit organizations remain agile and effective in their missions.

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Advertiser: Paycor

Structured interview questions are a valuable tool for reducing bias in hiring. They help: Ensure all candidates are asked the same questions in the same way Level the playing field so all candidates have a fair chance of being successful Improve credibility, reliability, and validity Download the guide to get the most out of your interview questions!

Employment

cipHR

AUGUST 9, 2024

What does flexible working mean at Ciphr?

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Hppy

AUGUST 9, 2024

Workplace conflict occurs when individuals’ ideas or perspectives clash while collaborating. These conflicts can stem from various personal or professional issues. However, when a conflict reaches a level that disrupts the flow of work, it is crucial to intervene and find ways to address the situation effectively. Addressing conflicts requires more than passive guidance from a distance; it necessitates active involvement and engagement.

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Achievers

AUGUST 9, 2024

Managing employee performance ensures that your workforce remains productive, engaged, and motivated. By setting clear expectations, providing regular feedback, and recognizing achievements, organizations can create a culture of high performance that drives business success. But without balancing the need for honest, critical assessments with the need to maintain positive employee morale — and ensuring evaluations are consistent and fair — employees may resist performance management initiatives,

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3Sixty Insights

AUGUST 9, 2024

In this insightful video, Nicholas Biron from 3Sixty Insights emphasizes the critical importance of storytelling and differentiation in today’s competitive market. While many vendors offer similar features and functionalities, the true distinction lies in how organizations present their unique narratives and strengths. Nicholas highlights the success of companies like Harry, who thrive by focusing on their niche markets and leveraging their authentic heritage to resonate with clients.

Management 101

Management 101

Speaker: Jeremy York

2024 has tested every organization, and 2025 promises no less - the warning signs are everywhere. If you’re relying on superficial approaches to diversity, you might find yourself scrambling to catch up. Thought diversity - the fuel for new ideas, fresh perspectives, and disruptive innovation - is more than a buzzword. It's a survival strategy. And if you’re not building it into your workplace culture right now , you’re heading for trouble.

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