Wed.Feb 07, 2024

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86% of employees are stressed about money: Why your financial wellness benefits may be failing

Employee Benefit News

Concerns around student loans, the cost of living and retirement are impacting employees' financial and emotional well-being.

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Whenever I hear the future of work, I reach for my pistol

Workplace Insight

For years it has been evident that there is no ‘future of work’ There is only a journey with no destination and no single way of not getting to it. That hasn’t stopped people talking about it all endlessly. And each time they have, I’ve reached for my pistol. This used to be primarily about the office. This was always a snark , based on a faulty idea that all things were converging on a single point, the elusive office of the future with its juvenilia, sun-dappled campuses, millennia

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13 tech companies that have cut the most jobs in 2024

Employee Benefit News

Almost 32,000 workers have already been let go since the start of the new year.

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How Small Businesses Can Develop a Financial Wellness Strategy

Best Money Moves

How small businesses can develop a financial wellness strategy. Learn more about how small businesses can embrace financial wellness to increase employee well-being. A comprehensive benefits package is one of the best strategies small businesses can use to retain employees and attract top talent. When salaries are comparable, the decision to take an offer often comes down to the level and quality of an employer’s benefits program.

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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.

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Revolutionizing workplace happiness through employee recognition

Employee Benefit News

If your employer clients want to get the most benefit from a culture of appreciation, they need to be intentional and consistent.

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Employers want to fire workers without getting shamed on TikTok

Employee Benefit News

Social media backlash has executives looking for advice on how to lay people off without it blowing up in their faces.

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States Adopt Interstate Compacts, Expand Behavioral Health Access

McDermott Will & Emery Employee Benefits

Multiple states – including Mississippi, New Jersey and Virginia – have been busy finalizing legislation and rulemaking to adopt interstate compacts and expand behavioral health access. What else have these states been up to in recent weeks? Read more here. The post States Adopt Interstate Compacts, Expand Behavioral Health Access appeared first on EMPLOYEE BENEFITS BLOG.

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Top 10 Tips to Manage Employee Time-Off

HR Lineup

Managing employee time-off efficiently is crucial for maintaining productivity, ensuring employee satisfaction, and fostering a positive work culture within an organization. Effective time-off management involves balancing the needs of employees with the operational requirements of the business. In this article, we’ll discuss ten valuable tips to help employers and HR professionals effectively manage employee time-off while maintaining workflow continuity and employee morale. 1.

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How 'psychological first aid' can help employees manage the stress of current events

Employee Benefit News

When employees are impacted by current events, disaster or a crisis in their workplace, this organization shows up to offer immediate support and coping tools.

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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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London must take better decisions on whether to retrofit its buildings

Workplace Insight

The London Assembly Planning and Regeneration Committee has published a new report called Retrofit vs Rebuild? which asks how decisions are made to either retrofit or rebuild properties and the carbon implications for both. In London, buildings account for an estimated 68 per cent of the city’s carbon emissions. These emissions arise from the construction, operation, and demolition of buildings.

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How to structure a total reward strategy

Employee Benefits

An employer’s total reward strategy should be a combination of all the reward, benefits and development components that it offers to staff. Collecting employee feedback is key to structuring a total reward strategy and offering benefits that appeal to an entire workforce. There are multiple ways to communicate a strategy, such as a total reward statement and personalised notifications from benefits platforms based on employees’ needs.

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Cautious welcome for government’s disability plan which aims to make UK ‘most accessible nation’

Workplace Insight

The UK government has announced details of its new Disability Action Plan which includes 32 steps it claims will make the UK the most accessible place in the world for disabled people to ‘live, work and thrive’ The publication of the Disability Action Plan is part of the government’s stated intention to improve the lives of millions of disabled people.

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Ovo Energy ensures its total reward strategy offers flexibilty for staff

Employee Benefits

Energy technology business Ovo Energy uses its total reward strategy to ensure its workforce feels inspired and a deep sense of belonging when they join. With around 5,000 employees based across the UK in London, Bristol and Glasgow hubs, the firm launched a new people offer to give more choice and flexibility, which it keeps at the heart of everything it does to support them.

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Why (and How) to Switch to a New HR & Payroll Platform

Speaker: Speakers:

HR and payroll impact every aspect of your business. Choosing the right provider is one of the most important decisions you’ll make. Before you decide, hear first-hand customer accounts in Paycor’s webinar to learn: The three most important things to look for when switching. How to begin your search. What are some of the red flags?

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The First Annual 3Sixty Insights Payroll Profession Confidence Survey: Shaping the Future of Payroll Globally

3Sixty Insights

Thank you for being a valued member of the 3Sixty Insights community! We are here to welcome you to the first annual 3Sixty Insights Payroll Profession Confidence Survey, found here: [link] A first-of-its-kind approach that aims to “take the pulse” of the critical payroll profession globally for a new annual Payroll Profession Confidence Index report being unveiled at the upcoming Payroll Org’s 42nd Annual Payroll Congress in Nashville, TN on May 7 to 10th.

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Adecco Group prioritises agility for its total reward strategy

Employee Benefits

Over the last 18 months, Adecco Group’s total reward strategy has needed to be relatively agile to address the needs of its employees during the cost-of-living crisis. The group has three global business units, Adecco, Akkodis and LHH, which cover talent and recruitment, and digital and engineering solutions. It employs 39,000 employees across 60 countries and has around 3,000 members of staff in the UK and Ireland.

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The Harmony of Health and Wealth with HSAs

Benefit Resource Inc.

A key player in the balance between health and wealth is the health savings account (HSA). Beyond being a traditional healthcare benefit, HSAs provide a win-win situation for both employers and employees. Understanding HSAs Health Savings Accounts are tax-advantaged savings accounts designed to help individuals and families with high-deductible health plans (HDHPs) cover medical expenses.

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Sarah Bogues: How to become a fertility-friendly employer

Employee Benefits

Employers play a critical role in the fertility journey of their employees. When employers get it right, the loyalty they can cultivate among their staff is immense. As the Fertility Treatment (Employment Rights) Bill makes its way through Parliament, it is an opportune time for employers to reassess their approach to employee support in this area. Upon implantation, an employee is considered pregnant and protected from discrimination, similar to naturally conceived pregnancies.

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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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5 Ideas for Boosting Employee Engagement

COMPackage

The last few years have been a game changer for employers and employees alike. It started with the Pandemic, which showed people that a lot of jobs could be performed just as well remotely as in person. Soon after that came the Great Resignation, which saw a 20-year high for employees quitting their jobs, often as a result of poor treatment or-low wages.

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Average woman saves £136,000 less than the average man for retirement

Employee Benefits

By the time the average woman reaches the retirement age of 67, she will have saved a pension pot worth £69,000, which is £136,000 less than the average man, who will have saved £205,000 in the same period, according to research by Now: Pensions. Its 2024 gender pension gap report , published in partnership with the Pensions Policy Institute, found that women would need to work and save for an extra 19 years on average to retire with the same amount of money in their pension savings as a man.

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Navigating Uncertainty: The Strategic Imperative of Investing in People and HR Tech

Bayzat

In 2024, the global market for HR Tech Startups was calculated to have a value of USD 23,179.2 million, and estimates suggest that the market will grow to over USD 32,776 million by 2031. It’s projected to happen at a rate of 5.94 percent CAGR in the upcoming years. In an era where economic predictability seems like a distant dream, UAE businesses stand at a crossroads, faced with the daunting task of navigating uncertainty. “HR Technology is constantly evolving, and companies across the

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Dexters introduces bikes-for-work scheme

Employee Benefits

Credit: Petra Figueroa / Shutterstock.com London-based estate agents Dexters has launched a bikes-for-work scheme for its 2,000 employees. Through the scheme, which is provided by micromobility platform Forest, Dexters’ employees will be able to take out a monthly e-bike subscription for £29. This works out as approximately £1 per day if they cycle for at least 60 minutes.

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HR’s Complete 2025 Calendar of Important Dates

HR leaders can use this calendar from Paycor to track important HR and payroll tax dates. The 2025 calendar includes: Tax filing dates Federal reporting deadlines Bank holidays Links to relevant tax forms …and more! Get your 2025 HR calendar today!

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Unlocking Effective Communication in Real Estate Law: The Power of a Litigation Paralegal

Professionals Alternative

[link] Unlocking Effective Communication in Real Estate Law: The Power of a Litigation Paralegal Introduction to the role of a litigation paralegal Being a litigation paralegal in the field of real estate law is an exciting and demanding role that requires a unique set of skills and qualities. As a litigation paralegal, I have witnessed firsthand the importance of effective communication in navigating the complex world of real estate law.

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Lyft rolls out new pay standard for drivers

Employee Benefits

Taxi service Lyft has introduced a new pay standard for its driver employees to ensure they are guaranteed at least 70% of the payments they receive from customers. The commitment will mean drivers earn this minimum percentage each week after external fees. If they are under this amount at the end of the week, they will be paid the difference. The organisation implemented the change because Lyft drivers last year earned, on average, 88% of customer payments after local taxes and the government-m

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Reducing Costs to Prevent Layoffs in 2024

PeopleStrategy

As 2024 gets underway, businesses are preparing for changes to their bottom line. Unfortunately, many times this comes with reductions in force by not replacing employees who leave or, even worse, layoffs. However, with enough advanced planning, your company might be able to prevent downsizing or asking employees to do the same (or more) with less. Cutting and watching costs no matter whether the current economy is good or bad should always be a priority for a company.

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Attendance registration opens for 55th NeoCon

Workplace Insight

Plans are taking shape for the 55th edition of NeoCon (held June 10-12 at THE MART, Chicago), the world’s leading platform for commercial space design, as show management announces a power-list of thought-provoking speakers, dynamic activations, best-in-class brands, and the newest movers and shakers impacting the built environment. The three-day event offers unparalleled opportunities to connect, learn, and experience the latest trends and innovations across verticals, from office to healthcare

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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.