Fri.Aug 02, 2024

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Communication is essential for making ESG impactful

Employee Benefit News

Paycor's CHRO shares how making small moves and keeping open communication can catapult ESG efforts.

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Job Benefits Attract Candidates, Advertising Them Will Work in Your Favor

HR Digest

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.

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What employers must do to help fight climate change

Employee Benefit News

Companies have a role to play in addressing environmental issues, which are taking a toll on their employees' well-being.

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Compliance TV: IRS Announces Some Amended Returns Can Now Be E-Filed; IRS Issues Final Rules to Update Required Minimum Distributions; and more

PayrollOrg

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

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Future-Proof Your Talent Pipeline

Get ready for the future of business. As HR navigates an ongoing labor shortage, leaders need stronger, more adaptable recruiting strategies. Do you have the tools you need to build a talent pipeline that drives sustainable business growth?

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Organizational politics in the workplace: The good, the bad, and the ugly

Business Management Daily

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.

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Median pay award for three months to June rose to 4.6%

Employee Benefits

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%.

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Organisations need to address the rising problem of workplace sickness

Workplace Insight

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.

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Answering the question… How do you boost engagement with employee benefits?

Employee Benefits

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?

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How dissolvers shape polymer and plastic production

Workplace Insight

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.

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Understanding Group Medicare for an Aging Workforce: Key Considerations for HR Leaders

Speaker: Shawnequa Albert

As our workforce evolves, so must the way we support it. With more employees choosing to work beyond age 65, HR leaders are increasingly being called upon to guide aging employees through one of the most complex transitions in their professional lives - from employer sponsored plans to Group Medicare. Without clear guidance, confusion around eligibility, coverage options, and cost implications can lead to uncertainty and missed opportunities for optimized benefits.

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Lovewell’s logic: Is there a disconnect around health and wellbeing?

Employee Benefits

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.

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Checklist to Help Deliver a Perfect Employee Gift

HR Professionals Magazine

The post Checklist to Help Deliver a Perfect Employee Gift appeared first on HRProfessionalsMagazine.

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SCA UK Pension Plan completes £1.1 billion pensions buy-in

Employee Benefits

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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Federal & State Benefit Navigation 

HR Professionals Magazine

The post Federal & State Benefit Navigation appeared first on HRProfessionalsMagazine.

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Ready to Save Time With AI? Try 14 ChatGPT Prompts for HR

ChatGPT is a powerful tool that can help you quickly brainstorm, draft, and refine tasks on your to-do list. But it can take a bit of strategy and practice to get generative AI to give you the time-saving results you’re looking for. Try these 14 detailed prompts to unlock the power of ChatGPT. You'll discover ways to streamline tasks for hiring, employee engagement, and performance management.

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Hong Kong and Israel award Olympic athletes the biggest bonuses

Employee Benefits

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.

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Emotional Detachment: When It's Healthy And When It's Toxic

BetterUp

Jump to section What is emotional detachment? What does emotional detachment feel like? Symptoms of emotional detachment Healthy vs.

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The top 10 most read articles between 26 July – 1 August 2024

Employee Benefits

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

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Court Upholds NJ Temporary Workers’ Rights Act

Workers' Compensation

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

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The Great Disruption: Leveraging AI To Better Your Benefits Strategy

Speaker: Joana Ardelean, MSHRM, PHR, SHRM-CP, CC

The benefits landscape is shifting rapidly, and AI is at the center of this transformation. From optimizing health and wellness programs to predicting future benefits needs, AI is empowering HR and total rewards leaders to make smarter, more proactive decisions. The challenge? Understanding where AI fits in your strategy and how to leverage it effectively while keeping employee well-being at the forefront.

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Saudi Arabia enhances retirement age, pension contributions and maternity leave

Employee Benefits

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.

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Social proof: The most effective ways to showcase your CSR activities

Employee Benefits

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