HR Digest
AUGUST 2, 2024
Job benefits attract candidates and advertising these benefits is the way forward—that is what a study by Indeed Hiring Labs has reconfirmed for us recently. It’s no surprise that giving candidates a more attractive offer works in a company’s favor. However, the report showed that mentioning the benefits in a job posting could be very beneficial for a company.
Workplace Insight
AUGUST 2, 2024
Remote work and ‘hybrid working’ models may greatly enhance employees’ work-life balance, but new research suggests they might also be stifling innovation. The study , led by economists from the University of Essex and the University of Chicago found that employees who worked in a hybrid model were less likely to come up with innovative ideas compared to their colleagues who always worked in the office.
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Employee Benefits
AUGUST 2, 2024
The median pay award across the economy rose slightly from 4.5% to 4.6% for the three months to June 2024, according to Incomes Data Research (IDR). Its latest analysis, based on a sample of 227 pay awards between 1 April and 30 June covering more than 1.9 million employees, also found that 30% of all pay increases were worth 6% or more and 19% were worth between 5 and 5.99%.
PayrollOrg
AUGUST 2, 2024
In this August 2024 issue of Compliance TV: IRS Announces Some Amended Returns Can Now Be E-Filed; IRS Issues Final Rules to Update Required Minimum Distributions; and more
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.
Employee Benefits
AUGUST 2, 2024
Pluxee UK walks you through their 21-Day Money Marathon, an internal financial wellbeing challenge they created to boost engagement with employee benefits, enhance awareness, champion camaraderie, and give their colleagues space to share ideas and have fun! Read the full story here: How do you boost engagement with employee benefits? The post Answering the question… How do you boost engagement with employee benefits?
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Employee Benefits
AUGUST 2, 2024
Employee wellbeing is a top priority for many employers, but how many can say that their health and wellbeing provision is truly living up to its full potential? Two separate pieces of research published this week suggest that while employers are investing in supporting their workforces’ health and wellbeing , this often appears to be missing the mark with employees.
Employee Benefit News
AUGUST 2, 2024
Companies have a role to play in addressing environmental issues, which are taking a toll on their employees' well-being.
Business Management Daily
AUGUST 2, 2024
Office politics is an inevitable aspect of the workplace. Regardless of where you work or how friendly your office may seem, human beings are inherently imperfect, and their desires often clash. As commerce relies on human interaction, which it always will, disagreements and conflicts are bound to occur. Simply put, it’s an unavoidable part of life.
Employee Benefits
AUGUST 2, 2024
The SCA UK Pension Plan, which is sponsored by global hygiene and health firm Essity Group, has completed a £1.1 billion pensions buy-in. Headquartered in Sweden, Essity employs 1,600 UK employees across six manufacturing sites and three commercial offices. Its portfolio includes Tena, Cushelle, Tork, Plenty, Velvet and Bodyform. The transaction, which was carried out with Legal and General, secures the benefits of 5,900 retirees and 3,600 deferred members.
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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.
Workplace Insight
AUGUST 2, 2024
Rising levels of workplace sickness are costing UK businesses billions each year, according to a new report from the Institute for Public Policy Research (IPPR). The think tank’s analysis reveals that the annual hidden cost of employee sickness has surged by £30 billion since 2018. Of this increase, £25 billion is attributed to lower productivity from employees working while ill, with only £5 billion due to an increase in sick days.
Employee Benefits
AUGUST 2, 2024
Credit: Hethers / Shutterstock.com Something for the weekend: Most people have been glued to their televisions watching the Paris 2024 Olympics for the past few days, marvelling at the talent of the athletes. It turns out that some of them don’t just come home with medals, but with special bonuses as well! According to a July 2024 report by Forbes, two of the countries that award the biggest medal bonuses are Hong Kong and Israel.
Workplace Insight
AUGUST 2, 2024
Dissolvers or solvents are indispensable in modern manufacturing. These chemical substances are crucial in producing polymers and plastics, integral to countless industries, from automotive to consumer goods. To learn more about their role, check our solvents. Understanding how dissolvers shape polymer and plastic production provides insight into the complex chemistry behind everyday materials.
Employee Benefits
AUGUST 2, 2024
The top 10 most read articles between 26 July – 1 August 2024 on employeebenefits.co.uk were: National living wage to increase in line with median earnings Central Co-op introduces new financial wellbeing benefit Junior doctors agree 22% pay deal Court of Appeal upholds High Court ruling on Virgin Media pension scheme Reeves confirms public sector pay rises of 5-6% Greggs pension scheme completes £100m buy-in 58% of employers say health benefits underused by staff ITV agrees deal for Box C
Advertiser: Paycor
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.
HR Professionals Magazine
AUGUST 2, 2024
The post Checklist to Help Deliver a Perfect Employee Gift appeared first on HRProfessionalsMagazine.
Employee Benefits
AUGUST 2, 2024
The Saudi Arabian government has updated the retirement age for employees and increased pension contributions and maternity leave. Its amended Social Insurance Law, which is managed by the Saudi Arabian General Organisation for Social Insurance, now applies to both public and private sector employment to make it easier for employees to move between sectors.
HR Professionals Magazine
AUGUST 2, 2024
The post Federal & State Benefit Navigation appeared first on HRProfessionalsMagazine.
BetterUp
AUGUST 2, 2024
Jump to section What is emotional detachment? What does emotional detachment feel like? Symptoms of emotional detachment Healthy vs.
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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.
Workers' Compensation
AUGUST 2, 2024
The Third Circuit affirmed the District Court’s decision, holding that The Temporary Workers' Rights Act ["Act"] was found to be a permissible exercise of New Jersey’s police power, not in violation of the dormant Commerce Clause, and sufficiently clear to meet constitutional standards. Background and Key Issues The United States Court of Appeals for the Third Circuit addressed an interlocutory appeal brought by the New Jersey Staffing Alliance, the American Staffing Association, and the New Jer
Employee Benefits
AUGUST 2, 2024
Social proof is one of the most important parts of doing good within an organisation, and the stats confirm it. For example… 72% of consumers consider customer testimonials more credible than when a brand talks about its own product (TINT) 72% of consumers trust a business more as a result of positive reviews and testimonials. (BigCommerce) 63% of consumers consider visual testimonials to be more credible than written testimonials (TINT) When it comes to social proof, CSR programs are a huge par
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