Money Talk

DECEMBER 14, 2023

Many older adults retire at the end of December to “start fresh” financially in a new calendar (and tax) year. Many younger adults wonder when they will be ready to retire and how they will know. Below is a brief discussion (in no particular order) of 12 signs of retirement readiness: Financial Preparedness - This includes adequate savings and other income sources (e.g., Social Security, pension, rent) as indicated by online tools like the FINRA Retirement Calculator.

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McDermott Will & Emery Employee Benefits

DECEMBER 14, 2023

How should the chief executive officer (CEO) respond to the host of internal and external challenges facing their business? In this Forbes article, Michael Peregrine suggests the CEO adopt a mindset rooted in rational confidence in the company’s future and in the leadership’s decision-making. Read more here. The post The CEO as Corporate Cheerleader appeared first on EMPLOYEE BENEFITS BLOG.

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Employee Benefit News

DECEMBER 14, 2023

The chief well-being officer from EY and chief people officer from Headspace reveal what benefits will be vital to employee productivity and retention.

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Insperity

DECEMBER 14, 2023

In the workplace, the ability to provide constructive feedback is one of the most important tools at a manager’s disposal, giving them the power to shape not only an individual’s performance but also the performance of their department or organization as a whole. However, like many aspects of managing people, providing input is an art that takes practice.

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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

Retirement Plan

Employee Benefit News

DECEMBER 14, 2023

The holidays can be challenging for people in recovery for drug and alcohol addictions, but there are ways to navigate the season with the right support.

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Employee Benefit News

DECEMBER 14, 2023

Technology helps expand and streamline efforts to foster strong relationships among employees, which benefits the business as well.

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PeopleKeep

DECEMBER 14, 2023

If you’re an employer hiring for the first time, knowing the minimum wage rate in your state is crucial. Even though there hasn’t been a federal minimum wage increase since 2009, many states have set their own minimum wage laws in more recent years that you must follow if you have employees or plan to hire in that location. This can be incredibly challenging if you’re operating a remote company with employees in multiple states.

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Qandle

DECEMBER 14, 2023

In the fast-paced world of business, Human Resources (HR) departments play a crucial role in managing a company’s most valuable asset – its people. The advent of technology has transformed HR processes, and one of the key innovations is the HR Management Information System (HRMIS). This blog explores the significance of HRMIS, its functionalities, and the myriad benefits it offers to organizations aiming for efficient workforce management.

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HR Lineup

DECEMBER 14, 2023

In the fast-paced and dynamic world of business, organizations are constantly seeking innovative tools to enhance their human resources management. One crucial aspect of HR is the creation and management of employee handbooks, which serve as a comprehensive guide for employees regarding company policies, procedures, and expectations. In 2024, a variety of cutting-edge employee handbook software options are available to streamline this process, making it more efficient and user-friendly.

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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.

Employee Benefit News

DECEMBER 14, 2023

500 startups closed their doors this year, and over a quarter million tech employees were laid off.

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Employee Benefits

DECEMBER 14, 2023

Credit: Carsten Windhorst Universal Music UK has hired Andrea Pattico as chief people officer. Reporting to chairman and chief executive officer David Joseph, Pattico will oversee the people strategy across all Universal Music UK’s labels and businesses. She has worked in a range of senior HR roles in global businesses over the past 25 years, most recently as chief people officer of digital marketing agency MVF.

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Employee Benefit News

DECEMBER 14, 2023

No matter where an employee is in their financial journey, educating them on options is beneficial to their well-being and your bottom line.

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Employee Benefits

DECEMBER 14, 2023

The BP Pensioner Group has begun legal action against senior members of BP management and directors of the BP pension fund trustee due to concerns around the value of 2,500 members’ pensions. According to the BP Pensioner Group, the dispute is about decisions made by BP and the pension fund trustee in 2022 and 2023. It stated that these include the former chief executive officer (CEO), Bernard Looney, rejecting the trustees’ recommended cost-of-living increase to the pension and blocking an incr

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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.

BetterUp

DECEMBER 14, 2023

Jump to section What are high-income skills?

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Employee Benefits

DECEMBER 14, 2023

Credit: Alex Yeung / Shutterstock.com London Metropolitan University has enhanced its parental leave as part of its commitment to nurture an environment where staff can thrive both professionally and personally. The updated policies now allow qualifying staff to take 52 weeks of fully paid maternity and adoption leave, which is double its previous entitlement.

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Workers' Compensation

DECEMBER 14, 2023

In most instances, the sole remedy for a worker injured at work is Workers’ Compensation Act [WCA] benefits. Even if the employer fails to obtain workers’ compensation insurance, the employee remains limited to those remedies provided under the WCA. In an unpublished decision, the Appellate Division in NJ ruled that an injured worker who suffered severe losses, including the loss of an eye, was limited to the benefits provided for under the Uninsured Employers’ Fund [UEF] provisions of the WCA.

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Employee Benefits

DECEMBER 14, 2023

Delivery workers for the Greene King brewery have accepted an improved pay deal following industrial action this week. Around 30 members of trade union Unite, who are employed by logistics firm GXO on an outsourced contract, took part in industrial action over the course of six days. The workers involved in the strike were heavy goods vehicle drivers, drivers’ mates and warehouse staff based at the GXO’s Runcorn factory.

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Speaker: Kaitlin Ruby Carroll

Retaining top talent in 2025 means rethinking benefits. In a competitive job market, fertility benefits are more than just offerings - they are a commitment to your team’s well-being. Gain critical insights into the latest fertility benefits strategies that can help position your organization as an industry leader. Our expert will explore the unique advantages and challenges of each model, share success stories from top organizations, and offer practical strategies to make benefits decisions tha

Employee Wellness

Higginbotham

DECEMBER 14, 2023

As electric vehicles continue to surge in popularity, the need for comprehensive and cost-efficient electric car insurance has never been more important. Understanding the nuances of insuring an electric vehicle can be difficult, but Higginbotham is dedicated to guiding you through the process and helping you make the most informed decision possible.

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Employee Benefits

DECEMBER 14, 2023

Benefits offered by Gripple: Pension and group risk All employees are enrolled into a non-contributory pension, with 15% employer contribution. Employees can top up using salary sacrifice arrangement. Group income protection , employer funded for all employees. Critical illness insurance, employer funded for all employees. Share scheme Employee ownership model that awards all employees shares in the business.

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Professionals Alternative

DECEMBER 14, 2023

[link] Unlocking Success: How to Find and Hire the Perfect Regional Credit Manager Introduction: The importance of hiring the perfect Regional Credit Manager As businesses continue to navigate the complexities of the financial landscape, the role of a Regional Credit Manager becomes increasingly crucial. A Regional Credit Manager is responsible for overseeing the credit and collections operations within a specific region, ensuring the smooth flow of cash and minimizing credit risks.

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HR Digest

DECEMBER 14, 2023

A couple of years ago, we had a host of new team members join our company, our HR having given in to hiring overqualified candidates who had been laid off from their previous roles. Despite being overqualified for the jobs we had available, they were hoping to find some form of employment quickly. With such a mixed bag of overqualified candidates, we had some of the best quality work done at the company during that time, acquiring a collection of new strategies on how we approached tasks.

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Advertiser: Paycor

Structured interview questions are a valuable tool for reducing bias in hiring. They help: Ensure all candidates are asked the same questions in the same way Level the playing field so all candidates have a fair chance of being successful Improve credibility, reliability, and validity Download the guide to get the most out of your interview questions!

Employment

The Workcomp Writer

DECEMBER 14, 2023

A California appellate court has affirmed a decision of a state trial court that held a San Francisco firefighter’s personal injury action against the San Francisco Municipal Transportation Agency (SFMTA)—and one of its drivers—was barred by the exclusive remedy provisions of the California Workers’ Compensation Law in spite of the fact that SFMTA enjoyed some autonomy to manage its own business affairs [ Vann v.

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Business Management Daily

DECEMBER 14, 2023

No company’s leadership can last forever. Yes, Warren Buffett still manages Berkshire Hathaway despite doing so for an eternity, but even he will one day hand over the reins to someone else. At least, according to science he will. The future of every company depends on its ability to find and train the right personnel so they can steer the ship in the years ahead.

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Workers' Compensation

DECEMBER 14, 2023

The New Jersey Department of Labor and Workforce Development (NJDOL) has posted the names of 14 additional businesses to its Workplace Accountability in Labor List (aka The WALL), bringing to 82 the total number of delinquent employers with outstanding liabilities for violations of state wage, benefit or tax laws. Collectively, the 14 businesses that have failed to resolve their outstanding liabilities with NJDOL and/or Treasury despite repeated requests owe just over $956,000 in wages and penal

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International Foundation of Employee Benefit Plans

DECEMBER 14, 2023

Although target benefit pension plans have been in a state of unknown for a while, they are now closer to having a permanent funding model with several new proposals currently under consideration. In 2015, the Office of the Superintendent of Financial Institutions […] The post Target Benefit Plans: An Update on Where They Stand appeared first on Word on Benefits.

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Speaker: Jeremy York

2024 has tested every organization, and 2025 promises no less - the warning signs are everywhere. If you’re relying on superficial approaches to diversity, you might find yourself scrambling to catch up. Thought diversity - the fuel for new ideas, fresh perspectives, and disruptive innovation - is more than a buzzword. It's a survival strategy. And if you’re not building it into your workplace culture right now , you’re heading for trouble.

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