Wed.Feb 07, 2024

article thumbnail

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.

article thumbnail

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

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

Study: 69% Drop In High-Paying Remote Jobs

Wellable

Late 2023 saw a 69% drop in high-paying partially remote roles. Is flexibility the new cost of earning big? The post Study: 69% Drop In High-Paying Remote Jobs appeared first on Wellable.

105
105
article thumbnail

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.

article thumbnail

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.

More Trending

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

Payroll 59
article thumbnail

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.

article thumbnail

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.

Pension 59
article thumbnail

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.

article thumbnail

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.

IT 59
article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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

article thumbnail

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.

Pension 59
article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

Pension 59
article thumbnail

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.

article thumbnail

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

article thumbnail

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

article thumbnail

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.