Employee Benefit News
OCTOBER 14, 2024
A steady erosion of employees' mental and physical health, as well as personal relationships, compromises productivity, absenteeism, presenteeism and retention.
Employee Benefits
OCTOBER 14, 2024
Exclusive: Just 4% of employees would approach their employer for financial support , and most would rather rely on family, partners or Google, according to new research by financial wellbeing firm Bippit. The Inclusion Edition 2024 , part of Bippit’s Dynamics in Financial Wellbeing research programme, found that a third (30%) of employees would turn to their family when facing financial worries, 15% would turn to their partner, 10% to Google and 9% to no-one at all.
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International Foundation of Employee Benefit Plans
OCTOBER 14, 2024
On September 9, the Canadian Association of Pension Supervisory Authorities (CAPSA) released new guidance aimed at providing an update on the design, operation and administration of capital accumulation plans (CAPs). CAPs include defined contribution pensions, Registered Retirement Savings Plans (RRSPs), Tax-Free Savings […] The post CAPSA Guidelines: A Comprehensive Overview of Pension Plans appeared first on Word on Benefits.
Employee Benefits
OCTOBER 14, 2024
Vivid has reduced its ethnicity pay gap to 0.5% and maintained its equal gender pay gap of 1%. The affordable housing provider has eliminated the pay disparity between white and non-white employees by encouraging recruiters to shortlist as many applicants from under-represented groups as possible who meet essential criteria for job roles. Vivid announced that it closed its gender pay gap last year to 1%, meaning that for every £1 earned by men, women earned 1p more.
Speaker: Kaitlin Ruby Carroll
Fertility benefits have become a crucial component of employee well-being and retention strategies. In today’s competitive landscape, creating a fertility benefits program that aligns with both employee needs and organizational goals can be more complex than it seems. From cycle-based to flat-dollar and telehealth models, each solution offers unique advantages and challenges that directly affect employee satisfaction and financial well-being.
Higginbotham
OCTOBER 14, 2024
How many times have you heard that Medicare is complicated or confusing? These complaints can be enough to make anyone dread dealing with it. That’s why Higginbotham is here with six inside tips to help ease your transition to Medicare. Tip 1: You can sign up for Medicare as early as three months before you turn 65. Medicare eligibility begins at age 65, but you can sign up earlier to make sure your coverage starts as soon as you’re eligible.
Employee Benefits
OCTOBER 14, 2024
Employee Benefits · The Wilful Group podcast Listen: In this episode of the Employee Benefits podcast , Rebecca Oatley, co-founder and co-CEO of The Wilful Group, talks about the importance of creating an organisational culture and benefits proposition that reflects corporate values and employees’ circumstances. Oatley discusses how the benefits at The Wilful Group are very much designed to flex with employees’ needs, and to support them at whatever life stage they may be.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Employee Benefits
OCTOBER 14, 2024
The benefits on offer at The Wilful Group: Pension and group risk Master trust pension schemes with Now: Pensions and National Employment Savings Trust (Nest). All permanent employes are eligible; employer and employee contribution rates are 4%. Critical illness insurance for directors, employer paid. Healthcare and wellbeing Private medical insurance (PMI) scheme for all employees following probation.
Vantage Circle
OCTOBER 14, 2024
Reviewed by : Saurabh Deshpande - People Culture Expert Key Takeaways The New Age of Personalized Recognition. How you can bridge the gap betweeen distributed teams and enhance transparency and fairness. Building a Recognition Ecosystem with Integrations and Gamification and Interactive Recognition. The Future of Recognition and How AI will play a crucial Role.
Employee Benefits
OCTOBER 14, 2024
App-only bank Atom Bank has appointed Ayshea Robertson as its new chief people officer. In her role, Robertson will work with the executive committee and people experience team to deliver a high-quality employee journey, while also overseeing Atom’s recruitment strategy to ensure it attracts and retains the highest calibre of talent. Robertson will drive innovation and performance to ensure that Atom Bank is an innovative and good place to work in the UK.
HR Digest
OCTOBER 14, 2024
The ever-worsening Boeing situation has taken a turn for the worse. Despite the initial hope that the company would be able to reach a deal with the striking workers, Boeing is being forced to consider mass layoffs. In a memo to employees, CEO Kelly Ortberg announced that Boeing was looking at 17,00 job cuts that were necessary for the company “to align with [their] financial reality.” What does this mean for the organization?
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!
Employee Benefits
OCTOBER 14, 2024
Credit: William Barton / Shutterstock.com Employers JCDecaux and the British Film institute (BFI) have introduced a new home-heating benefit scheme for their employees. Provided by Heat Scheme, the benefit programme helps employees reduce their energy bills and carbon footprint. JCDecaux, the advertising firm, and the BFI can provide interest-free loans to their employees to help with the cost of switching to clean energy options at home such as green retrofits and the installation of heat pumps
COMPackage
OCTOBER 14, 2024
In today’s competitive business landscape, fostering trust and transparency with employees is paramount. One powerful tool for achieving this goal is the Total Compensation Statement (TCS). By providing employees with a clear and comprehensive overview of their total compensation package, including both direct pay (salary or wages) and indirect benefits, TCSs can significantly enhance employee satisfaction, loyalty, and engagement.
The Workcomp Writer
OCTOBER 14, 2024
In a decision that emphasizes the high bar for denying workers’ compensation claims in New York based on employee intoxication, a state appellate court recently affirmed a ruling by the New York Workers’ Compensation Board that found a severely intoxicated worker’s injuries to be compensable [ Lujan-Espinzo v. Electrical Illuminations By Arnold Inc. , 2024 N.Y.
HR Lineup
OCTOBER 14, 2024
Effective team communication is the backbone of productivity in any organization. Whether you’re collaborating in-person or working remotely, having the right tools in place can streamline workflows, keep team members aligned, and improve overall efficiency. As businesses evolve, so do the communication apps that keep teams connected. In 2024, many innovative platforms are offering enhanced features, integrations, and usability.
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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.
WEX Inc.
OCTOBER 14, 2024
As 2024 winds down and we look ahead to 2025, the evolution of B2B payments shows no signs of slowing. Technological advancements and changing customer expectations are driving a new wave of payment innovation and shifting businesses towards digital transformation. For businesses, staying ahead of these trends is important for maintaining smooth operations, building stronger relationships with suppliers and customers, and ensuring financial security.
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