Mon.May 13, 2024

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How to design a flexible benefits scheme for today’s workforce

Employee Benefits

Employers should communicate with employees to understand what they need from a flexible benefits package. Benefits that are offered as part of a flex scheme need to add value. As employees’ needs can change throughout the year, more frequent benefits enrolment windows can provide greater flexibility and choice. Following the impact of recent trends in the world of work, such as the increase in hybrid and remote working, it has never been more apparent that, when creating a benefits package, one

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The Great Resignation has given way to The Big Stay, says the CIPD

Workplace Insight

The luxury belief that was the so-called Great Resignation, appears to be over, even if you assume it ever existed. Workers are increasingly staying put in their current jobs and more employers are holding steady on staffing levels as the labour market slows, according to the CIPD’s latest Labour Market Outlook report. The survey shows more than half (55 percent) of employers are looking to maintain their current staff level – the highest level since winter 2016/17.

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10 best cities for cybersecurity talent

Employee Benefit News

A new ranking revealed where cybersecurity talent will find the most opportunities and the best support.

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How to Write Effective Employee Performance Reviews

15Five

What Is an Employee Performance Review? Touching base. Checking in. Looking forward. These are all terms that should describe the ideal employee performance review. Best case scenario? A manager accurately communicates an employee’s performance in a way that encourages them to improve on their weaknesses while having a better sense of how they can rely on their strengths.

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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

Speaker: Jennifer Hill

Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.

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Employees are winning the battle against RTO

Employee Benefit News

As companies rethink their policies, this workplace expert anticipates a reversal of in-office mandates.

More Trending

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Hospital price transparency data can be a game changer for self-funded employers

Employee Benefit News

Experts from Turquoise explain how employers can save 27% across 500 common healthcare services using the Hospital Price Transparency Rule.

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Steve Goldberg Named to Top 100 HR Tech Influencers Once Again by Human Resource Executive

3Sixty Insights

3Sixty Insights would like to congratulate Steve Goldberg for being named to Top 100 HR Tech Influencers once again by Human Resource Executive. We are proud to have Steve as part of the 3Sixty Insights extended team serving as Distinguished Advisor. For more details on Steve’s recognition and to see who else made the list, click here: Meet the 2024 Top 100 HR Tech Influencers The post Steve Goldberg Named to Top 100 HR Tech Influencers Once Again by Human Resource Executive appeared first

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Navigating new and anticipated corrections guidance for retirement plans

Employee Benefit News

Although new guidance expands the ability to self-correct, plan sponsors and administrators should promptly correct errors in accordance with EPCRS principals.

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We must embrace AI for sustainable workforce transformation

Workplace Insight

Each technological revolution has gotten faster; and the era of Artificial Intelligence is accelerating at an unprecedented rate—an intimidating prospect, given Musk’s recent prediction of AI surpassing human intelligence. Some say the tech will take on “ 80 percent of the jobs that exist today ”, but history has shown that technological advancements have consistently led to the creation of new job roles, elevating the standard of living and improving overall productivity.

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Where You Can and Absolutely Cannot Cut Costs Corners in Benefits Administration

Managing benefits administration is costly, and cutting corners in the wrong places can lead to disengaged workforces and the risk of non-compliance. This eBook from Selerix highlights areas where you can save without compromising the value of benefits. Proactively Thinking: Make decisions for the long run. Discover ways to be proactive in your decision-making to save money in the future, not just temporarily.

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OpenAI launches a faster and cheaper AI model with ChatGPT-4o

Employee Benefit News

The new large language model, trained on vast amounts of data from the internet, will be better at handling text, audio and video in real-time.

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BNP Paribas UK maximises choice for employees within flex scheme

Employee Benefits

Credit: Gerard Uferas/ La Company BNP PARIBAS London BNP Paribas UK tries to promote true flexibility through its flexible benefits scheme and regularly tweaks its provision to operate at its best for its workforce. The employer has seven organisations in different UK financial services markets, with more than 8,500 staff ranging from investment bankers to call centre workers.

Pension 59
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Health crises force early retirement more than any other problem

Employee Benefit News

Many factors can influence the timing of a person's retirement, but new research shows nothing comes close to health problems.

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Centrica offers flexible benefits scheme to suit employees’ needs

Employee Benefits

Centrica designed its flexible benefits scheme so that its UK employees can access perks at any time. Its flexible benefits scheme was created with five principles in mind: flexibility, choice, continuous engagement, affordability and innovation. The organisation wanted to move towards a truly flexible scheme by offering anytime benefits that allow employees to make selections at any time in the year, rather than during a traditional annual enrolment window.

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HR’s Blueprint for a Successful 2025

The HR industry is changing. Did you know… 1. There will be 4M more jobs than workers by 2033 ( BLS ). 2. For 84% of workers, flexibility is a top priority ( FlexJobs ). 3. 75% of employees have used AI at work ( CFO.com ). It’s time to meet the moment! Use Paycor’s guide to design a blueprint for success.

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Performance reviews to empower employees and your business

Business Management Daily

Doug sits down to fill out the annual performance review templates provided by human resources. While not his favorite part of being a manager, he knows the task comes with the job. First up is Julia Adams. A good employee who lives up to her job description, he gives her “4s” and “5s” in most categories. Under “willingness to help others,” he decides on a “3” because she has not appeared as eager to aid fellow team members lately.

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Tribunal rules disabled Scottish government social care worker was discriminated against

Employee Benefits

An employment tribunal has found that a disabled team leader within the social care division of the Scottish government was discriminated against due to not receiving the necessary equipment to work. James Blair, who uses a wheelchair due to spondylitis, a degenerative spinal cord disease, joint condition Ehlers-Danlos syndrome, and dyslexia, started his role on 23 November 2020.

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Navigating GDPR Regulations: Essential Guidelines for Compliance

Qandle

In today’s digital era, the protection of data privacy has taken center stage, resonating with individuals and businesses alike. A pivotal stride in data safeguarding legislation is the General Data Protection Regulation (GDPR). This article endeavors to offer a thorough grasp of GDPR compliance, addressing its stipulations, prerequisites, and pivotal role for businesses.

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Oxfordshire County Council and TSB shortlisted for Best motivation or recognition scheme

Employee Benefits

Oxfordshire County Council and banking organisation TSB have been shortlisted in the category Best motivation or recognition scheme at the Employee Benefits Awards 2024. This award was created to recognise a successful motivation strategy that uses either incentives or motivational rewards to help drive employee performance, engagement or retention.

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7 Common ACA Compliance Pitfalls and How to Avoid Them

Managing ACA compliance is a major headache, especially in industries with complex schedules and regulations. Errors can lead to fines, legal battles, and strained employee relationships. Ways to Avoid Penalties & Fines: Non-compliance with Hours of Service (HOS) or misclassifying employees can lead to fines and legal issues. We offer tools to avoid these penalties and ensure regulatory alignment.

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How We Can Make Our Organization More Resilient

Pacific Prime

The COVID-19 pandemic has been a wake-up call for organizations worldwide, highlighting the critical need for organizational resilience in the face of unprecedented challenges. The convergence of multiple crises during the pandemic revealed the fragility of organizations unprepared for shocks. From supply chain disruptions to talent shortages and market decline, businesses faced an array of.

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Veolia, Aldermore and Vitality named on Sunday Times Best Places to Work list 2024

Employee Benefits

Resource management service Veolia, banking organisation Aldermore and health insurance firm Vitality have made the top 10 Sunday Times Best Places to Work list for 2024. To compile the list, the publication used 26 questions from WorkL’s employee engagement survey to find out what workers at very big, big, medium and small organisations think about their workplace.

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Tesla Layoff News Confuses as Teams Are Let Go Even as Investments Grow

HR Digest

The Tesla layoffs news has hit hard globally, putting into question whether anyone is safe in these trying times. The last few years have been difficult for employees across industries and the callous nature of the Tesla layoffs in 2024 has rubbed many the wrong way. Back in April, Tesla’s CEO made a sudden announcement that more than 10 percent of the workforce was going to lose their jobs after the Q1 deliveries fell for the first time in almost 4 years.

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54% of employees said their mental health has declined due to financial concerns

Employee Benefits

Half (54%) of employees have revealed that their mental health has declined due to concerns about their financial situation , according to new research by financial wellbeing platform Wagestream. Its State of financial wellbeing index 2024 report, which was compiled after surveying 2,000 employees, found that in the three months to May, 60% of respondents worried about money at least once a week, with 21% worrying about their finances every single day.

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7 HR Priorities for 2025 to Supercharge Your Employee Experience

Speaker: Carolyn Clark and Miriam Connaughton

Forget predictions, let’s focus on priorities for the year and explore how to supercharge your employee experience. Join Miriam Connaughton and Carolyn Clark as they discuss key HR trends for 2025—and how to turn them into actionable strategies for your organization. In this dynamic webinar, our esteemed speakers will share expert insights and practical tips to help your employee experience adapt and thrive.

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Empathic Listening: What It Is And How To Use It

BetterUp

Jump to section What is empathic listening?

IT 52
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APC names Liz Stokes as new HR director

Employee Benefits

UK parcel delivery network APC has appointed Liz Stokes as its new HR director , taking over from predecessor Corina Forman, who had been with the business for 18 years. Stokes has a proven track record across a range of industries including defence, business services and construction, in both the UK and across the globe. She joins from global defence business Ultra Electronics, where she previously held the role as vice president of human resources.

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2024 Payroll Profession Confidence Index

3Sixty Insights

Over three decades, payroll has undergone transformative changes, emerging as a linchpin in both employee experience and strategic business planning. Today, it’s expected to deliver pay in real-time, navigate complex compliance landscapes, and facilitate key initiatives like mergers, acquisitions, and global expansions. However, despite its pivotal role and significant financial investment, payroll operations often lack the necessary resources, technology, and executive support.

Payroll 52
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Employee Appreciation Gifts: Top 10 Gift Ideas

Hppy

In today’s fast-paced corporate landscape, fostering a culture of appreciation and recognition is paramount to organizational success. As HR professionals and business owners, we understand the pivotal role that employee appreciation plays in enhancing morale, productivity, and ultimately, retention rates. It’s not merely about offering a pat on the back—it’s about creating a workplace where employees feel valued, respected, and motivated to excel.

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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.