Wed.Sep 25, 2024

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Sally Benton: Employers can offer a lot of support to employees with addictions

Employee Benefits

Addiction is a serious mental illness that has a devastating impact on people’s lives. Everybody knows somebody impacted by addiction, at home, in families, or work. This is why it is important that employers start to consider employees who may be impacted. Statistics from the Office for National Statistics (ONS) in December 2023 estimated that approximately 3.1 million people reported using a drug in the last 12 months, 2.5 million people reported using cannabis and around 1.1 million people re

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Four steps to easing back-to-school financial anxiety

Employee Benefit News

Mounting pressure to manage the competing demands of school-related expenses and ensuring a family's long-term financial stability can lead to stress and anxiety.

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Vicky Lomas: How employers can support employees with addictions

Employee Benefits

It might not always be obvious when an employee is struggling with challenges with drugs or alcohol. Employers may feel uncomfortable, or unsure of what to say or do, but it is important to know that they can help them. Before having a conversation with them, employers should prepare and speak to their HR team. They should look at what support their organisation might provide, such as an employee assistance programme or occupational health support.

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The Employee Healthcare Crisis: This is How To Help

Best Money Moves

Employees Face a Healthcare Crisis. Here’s How You Can Help. Employees are experiencing a healthcare crisis due to financial concerns. These are the best strategies employers can use to help. American families are in the midst of a healthcare crisis and employer-sponsored health insurance can’t keep up. Even with support from employee health insurance programs, millions of American families cannot afford the full care they need.

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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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How To Motivate Yourself: 15 Ways To Hit Any Goal

BetterUp

It’s normal to wonder how to motivate yourself. See 15 evidence-based techniques for finding the motivation to achieve personal or professional goals.

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Using Spousal Surcharges and Carve-Outs as Health Cost Management Strategies

International Foundation of Employee Benefit Plans

With open enrollment right around the corner, employers are already contemplating strategies to help lower their health plan costs. Spousal surcharges or carve-outs are two options, but how prevalent are they? Surcharge vs. Carve-Out A spousal surcharge is an additional employee contribution […] The post Using Spousal Surcharges and Carve-Outs as Health Cost Management Strategies appeared first on Word on Benefits.

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Creating benefits that care for the whole employee

Employee Benefit News

An expert from Cigna Healthcare explains why, along with individualized offerings, budget and communication plans are vital to benefits' success.

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39% of British employees regret not saving into a pension

Employee Benefits

Almost two-fifths (39%) of British employees regret not saving into a pension , according to research by Shepherds Friendly. The financial services firm’s survey of 2,000 Brits on their knowledge of individual savings accounts (Isas), life insurance and general personal finance, also found that 38% of respondents regretted not saving enough into their pension.

Pension 69
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What's a good 401(k) employer match?

Employee Benefit News

Most companies that offer to match employees' 401(k) contributions offer a match of between 3.00% and 4.99% of their employee's pay.

401(k) 101
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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.

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The future of procurement: navigating a digital and strategic evolution

Workplace Insight

In recent years, procurement has transformed from a back-office function to a strategic driver of business value. As global supply chains become more complex and businesses strive for greater efficiency, sustainability, and agility, the future of procurement is set to change even more dramatically. Technological innovations, data-driven insights, and a shift in priorities are reshaping the way organizations manage their sourcing, purchasing, and supplier relationships.

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20 best private companies of 2024

Employee Benefit News

EBN narrowed down U.S. News & World Report's list of the best private employers to highlight the real standouts.

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How to Effectively Communicate Life Insurance Benefits to Your Employees

Winston Benefits

Life insurance can protect an employee and their family long-term. Yet, many Americans still don’t have vital coverage, with 52% citing cost as the reason for delaying getting life insurance. As a result, more companies have started including these benefits in their packages to help fill employee gaps and grant peace of mind. Since September … Continue reading "How to Effectively Communicate Life Insurance Benefits to Your Employees" The post How to Effectively Communicate Life Insurance B

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Four steps to easing back-to-school financial anxiety

Employee Benefit News

Mounting pressure to manage the competing demands of school-related expenses and ensuring a family's long-term financial stability can lead to stress and anxiety.

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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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TBS Engineering introduces health insurance for staff

Employee Benefits

Global engineering firm TBS Engineering has enhanced its benefits package to include health insurance for all employees. TBS Engineering’s more than 120 employees will be able to access to a 24/7 GP service, health advice line, physiotherapy sessions, and private diagnosis and treatment provided by Equipsme. The aim of introducing this support was to provide quality health insurance at cost-effective prices, while also responding to a demand for health benefits amid long NHS waiting lists.

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Research shows Ozempic reduced the risk of opioid overdose

Employee Benefit News

People with a history of opioid abuse who took Novo Nordisk A/S's Ozempic were less likely to overdose.

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Banyan Software introduces employee relief fund

Employee Benefits

Enterprise software firm Banyan Software has introduced an employee relief fund to its benefits package for employees who are going through extreme hardship. An employee is eligible for the fund if their primary residence is destroyed or unlivable due to a natural disaster, fire, or flood, and no alternative housing is available, if they or an immediate family member suffers from an extended illness, and they miss work without paid time off, or if they need to relocate due to an unsafe or uninha

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The Employee Healthcare Crisis: This is How To Help

Best Money Moves

Employees Face a Healthcare Crisis. Here’s How You Can Help. Employees are experiencing a healthcare crisis due to financial concerns. These are the best strategies employers can use to help. American families are in the midst of a healthcare crisis and employer-sponsored health insurance can’t keep up. Even with support from employee health insurance programs, millions of American families cannot afford the full care they need.

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How to Make The Best Benefits Decisions for 2025's Workforce: An HR and Total Rewards Guide

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

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Upward mobility: Unlocking career advancement opportunities

Business Management Daily

Is it relatively easy for your employees to move up your organization? If the answer is yes, then your company has strong upward mobility , which refers to the frequency at which a person improves their socioeconomic status. Specifically, this most commonly refers to employers’ career development opportunities. After all, the #1 way for someone to improve their standard of life is to either: Receive a promotion at work Land a higher-paying job at another organization Both will allow them t

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Employee Engagement Awards: Types, Examples & Best Practices That Actually Works

Empuls

Keeping employees engaged is essential for any successful business. Companies that recognize and reward their teams for hard work create an environment where employees feel truly appreciated. In fact, organizations that focus on employee engagement often see a sharp rise in productivity, with research showing up to 21% higher profitability compared to those that don’t.

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Labor Shortage Projections Point to Dramatic Workforce Changes by 2032

HR Digest

Labor shortage projections by Lightcast ‘s new Rising Storm report suggest that in the coming years, the U.S. could see the biggest shortage of human resources the country has ever seen. The looming U.S. labor shortage is expected to affect both public and private entities and create a deficit of 6 million workers by 2032. Such a large deficit will cause organizations across industries to suffer significant losses with no way to fill in the gaps in their workforce and productivity.

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How To Build Employee Confidence At Work

Wellable

Confidence building at work requires support, recognition, and trust from employers. Learn how to build confidence in employees for innovation and engagement. The post How To Build Employee Confidence At Work appeared first on Wellable.

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Reduce Bias in Hiring: Structured Interview Questions for Employers

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!

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Total Compensation Report Template: A Data-Driven Tool for HR

COMPackage

A total compensation report template is a valuable asset for HR departments, providing a comprehensive overview of an employee’s compensation package. By accurately capturing salary, benefits, and other relevant compensation components, this template offers insights into employee compensation costs and helps organizations make informed decisions regarding compensation strategies.

401(k) 40
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Essential fleet tire management tips for optimized performance and safety

WEX Inc.

With 15.6 million vehicles sold in the United States in 2023, the health of the tire market is critical to the fleet transportation economy. The value of the tire market alone is expected to experience a 6.50% compound annual growth rate (CAGR), with the commercial fleet segment expected to have the highest CAGR. Tire management is important for your trucking business and for protecting your bottom line.

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3 Email Templates for Health Insurance Explainers

Flimp Communications

As an HR professional, you deal with the consequences of health insurance illiteracy every day: Employees make poor choices based on incomplete knowledge or false assumptions, increasing frustration and driving up costs for your entire organization. You and your colleagues are inundated with constant questions and confusion, repeatedly asked to explain the same basic concepts.

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Ann Frances Cooney: Potential impact of the draft Equality (Race and Disability) Bill

Employee Benefits

The draft Equality (Race and Disability) Bill was announced in the King’s Speech in July. The new Labour government confirmed that the draft bill delivers its manifesto commitments to enshrine in law the full right to equal pay for ethnic minorities and disabled people, and to introduce mandatory and disability pay reporting for larger employers with more than 250 employees.

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The Diversity Reckoning: Can HR Survive Without New Perspectives?

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.