Mon.Jul 15, 2024

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The Importance of Teamwork in the Workplace and Tips to Build it

BetterUp

You've likely heard the saying, “The whole is greater than the sum of its parts.” And while Aristotle was not referring to teamwork, the statement expresses the main goal of building a great team. The importance of teamwork lies in its ability to achieve far more than individuals working alone. Why is teamwork important in the workplace? It combines diverse skills and perspectives, enhancing creativity and problem-solving, while boosting employee engagement and morale.

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Far From Over—NSEU Announces Indefinite Strike at Samsung

HR Digest

NSEU union workers at Samsung are on an indefinite strike in Hwaseong, South Korea, uniting in their demand for better benefits. The National Samsung Electronics Union had attempted a one-day strike last month and then announced a three-day strike earlier this month. Samsung union workers have attempted to initiate negotiations with the company over pay and benefits but the tech giant has been reluctant to come to the table to discuss the conditions laid out by the workers on strike.

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49% of UK organisations’ 2024 salary budgets were lower than the previous year

Employee Benefits

Half (49%) of UK organisations reported that their 2024 salary budgets were lower than the previous year, according to global advisory, broking and solutions firm Willis Towers Watson (WTW). Its Salary budget planning report was compiled by its Rewards Data Intelligence practice. Approximately 32,000 responses were received from employers across 168 countries worldwide, with 1,179 UK organisations responding.

Salary 105
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Nearly all CEOs now say they work across different locations

Workplace Insight

CEOs are leading by example when it comes to hybrid working, with nine in 10 (93 percent) saying they have personally adopted flexible working patterns according to a new poll. The survey of more than 500 CEOs by International Workplace Group suggests that the vast majority now split their working time between locations. Just 7 percent said they spend five days a week working from a central office.

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Engage, Empower, Excel: Transforming Performance in the New Era of Work

Speaker: Radhika Samant and Adri Glover

The world of work has fundamentally changed. The series of waves that the pandemic began have rippled through the Great Resignation, quiet quitting, the Great Regret, and other eloquent phrases that boil down to the same thing: people aren’t engaged at work or enabled to perform at their best. The truth is that engagement and enablement is more important than ever, but how we do it is the critical differentiator for many organizations.

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Open Enrollment Toolkit: Free Videos, Templates, and Tips for OE

Flimp Communications

The Open Enrollment Toolkit is filled with useful and actionable resources that help HR teams and HR brokers engage employees and reach their open enrollment goals. In this new toolkit, you’ll receive the following: A free employee video ( Benefits Key Terms, Explained ). Three email templates to copy/paste for your open enrollment outreach. A detailed action plan and calendar , complete with outreach ideas across the full OE cycle.

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Open Enrollment Playbook

Flimp Communications

Open enrollment is exhausting. You spend months preparing for it, selecting benefits providers, pulling together plan documentation, and getting everything ready to maximize your enrollment window. But then you start sending emails and they don’t get read. You have benefits presentations or meetings where people are unengaged. And you find yourself answering the same questions and having the same meetings, over and over.

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5 strategies for rolling out a menopause benefits program

Employee Benefit News

Making a commitment to this area represents a strategic imperative to attract and retain talent, improve wellbeing, and enhance productivity and morale.

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Top recruiting strategies for your veterinary clinic

PeopleKeep

As a veterinary clinic owner , hiring the right staff to care for your clients’ beloved pets is crucial. The U.S. Bureau of Labor Statistics projects the employment of veterinarians to grow 20% from 2022 to 2032 1. With this massive influx of open positions, finding talented employees to run your clinic efficiently can be challenging. You can find top-notch veterinary professionals by implementing a comprehensive recruiting strategy at your clinic.

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What is ATS Workflow? A Comprehensive Guide

HR Lineup

In the modern recruitment landscape, technology plays a crucial role in streamlining the hiring process, making it more efficient and effective. One of the pivotal technologies in this domain is the Applicant Tracking System (ATS). An ATS is a software application that manages the recruitment and hiring process, from job postings to onboarding. At the heart of this system lies the ATS workflow, a sequence of steps and procedures designed to ensure a smooth and systematic hiring process.

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How to Increase Diversity in Your Workforce Through AI Technology

Diversity and inclusion are crucial for building a strong and innovative workforce. Discover how AI technology can revolutionize your hiring process and drive diversity in your organization. Explore over 10 ways AI recruiting tools can help you identify a wider pool of candidates, enhance communication strategies, and eliminate unconscious bias. Embrace the future of recruitment and create a more diverse and inclusive workplace with AI technology.

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Employers need the right tech for mentoring programs to be successful

Employee Benefit News

Mentoring software from Chronus helps organizations to better match, track and measure results for these programs.

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Green HRM: Defining Its Importance and Implementing Best Practices

Qandle

In an era where environmental sustainability is more critical than ever, businesses are increasingly turning to Green HRM to play their part. But what is Green HRM exactly? How does it benefit organizations and what are the best practices? Let’s dive into the concept, its importance, and how it can be effectively implemented in today’s corporate world.

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Cross-Country Pensions Update

International Foundation of Employee Benefit Plans

Here is a quick overview of legislative and regulatory updates including Income Tax Act, Office of the Superintendent of Financial Institutions (OSFI) and province-specific updates presented at the 2024 Canadian Legal and Legislative Update in Halifax, Nova Scotia. Income Tax Act (ITA) […] The post Cross-Country Pensions Update appeared first on Word on Benefits.

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From resume to first day: This AI tool takes over the recruiting process

Employee Benefit News

By using tech to analyze interviews, experiences and projects, A.Team is speeding up the hiring process.

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How To Empower Your Workforce With Modern Fertility Benefits

Speaker: Andrea Wuchiski

In an era where a workforce spans multiple generations, HR managers and Total Rewards leaders face the unique challenge of designing benefits packages that cater to diverse employee needs. This session will delve into how comprehensive fertility benefits can bridge generational gaps, support employees’ health, and enhance workplace satisfaction. Join us for an insightful session that highlights the strategic importance of fertility benefits in today’s competitive job market.

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How to Handle Workplace Gossip Like a Pro: Tips and Strategies

Vantage Circle

Workplace gossip is part and parcel of any organization. It is an unavoidable aspect of the workplace naturally arising from colleague interactions and regular meetings. While often stigmatized as purely negative, gossip can also have positive elements when viewed from a different perspective. Elena Martinescu, a research associate at Vrije Universiteit Amsterdam who has extensively studied the psychology of gossiping, says, “Gossip is a good thing.

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8 Key HR Trends Shaping the IT Industry in 2024

Darwinbox

The role of HR in the IT industry is more important than ever before. A robust HR strategy can optimize resource utilization, get you the best talent, nurture relationships, and improve your company’s bottom line. This article discusses the latest HR trends in the IT industry. The knowledge of these emerging HR trends in the IT industry will help shape your HR strategy and HR technology investments.

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How far can a reward and benefits strategy truly impact recruitment and retention?

Employee Benefits

Employers should identify issues affecting existing and potential employees when creating their reward and benefits strategies. Tailoring benefits to meet employees’ needs can attract talent and maintain retention levels. An organisation should regularly communicate its benefits to current and potential employees if it wants to promote itself as an employer of choice.

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How To Help Younger Employees Tackle Money Worries

Best Money Moves

How to help younger employees tackle money worries. Younger employees are especially vulnerable to money issues at home. Here are the best ways employers can help. Younger Americans are disproportionately worried about money, compared to their parents’ and grandparents’ generations. According to an American Psychological Association study , over 60% of Gen Z and Millennials say they feel overwhelmed by their financial woes, compared to 13% of Americans 65 and older.

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Interview Scorecard Free Downloadable Template

Making effective hiring decisions can be challenging, but with a standardized evaluation process, you can improve your chances of finding the ideal candidate every time. Discover the benefits of using interview scorecards to assess and compare candidates, ensuring fair and consistent evaluations. Our free interview scorecard template allows you to customize criteria and track candidate progress, helping you make informed hiring decisions.

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Keepmoat recruits and motivates staff through reward and benefits

Employee Benefits

Partnership homebuilder Keepmoat has designed its reward and benefits strategy to attract new talent, as well as to motivate and engage its existing workforce. The organisation employs more than 1,100 employees and operates across England and Scotland. Its people strategy is focused on three key pillars: attract, develop and retain, while it also prioritises looking at the benefits its employees want and need.

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Free Guide: Reduce Healthcare Spending with Decision Support

Flimp Communications

A benefits decision-support tool, which educates employees on their benefits options, predicts their likely costs, and lays out their plan options in an easy-to-compare way, is a significant innovation in benefits enrollment. And they’re helpful for an increasingly self-service enrollment process. Learn all about these tools and more: The state of healthcare spending in the United States.

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Ocado Retail uses reward to boost recruitment and retention

Employee Benefits

Ocado Retail’s reward and benefits strategy is key to employee recruitment and retention, making it an attractive option for new employees and a workplace where staff feel appreciated and their efforts rewarded. The online retailer has a retail contact centre at the Riverside in Sunderland, with more than 200 employees. In 2023, it introduced a reward and recognition platform called Mint, named after the north east England slang for brilliant.

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Free Guide: Reduce Healthcare Spending with Decision Support

Flimp Communications

A benefits decision-support tool, which educates employees on their benefits options, predicts their likely costs, and lays out their plan options in an easy-to-compare way, is a significant innovation in benefits enrollment. And they’re helpful for an increasingly self-service enrollment process. Learn all about these tools and more: The state of healthcare spending in the United States.

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The Employers Guide to Controlling Cancer

About 40% of us will be diagnosed with cancer in our lifetime, and patients are getting younger. At the same time, the cost of treatment continues to rise, with employers spending 8.5% more on cancer care for each employee than they did last year. The best thing employers can do for their employees and business tomorrow is to invest in cancer detection and care today.

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Employee Benefits webinar: Future proofing employees’ financial wellbeing

Employee Benefits

Employee Benefits’ webinar, Future proofing employees’ financial wellbeing , sponsored by Aviva, is set to be broadcast live at 11am on Tuesday 16 July 2024. Employee Benefits’ editor Debbie Lovewell-Tuck will welcome three expert panellists for an in-depth conversation , exploring what financial wellbeing means and what the next five years will look like; what the current trends are; how employers responded to the cost-of-living crisis and how they can segment their workforce’s financial wellbe

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New Hire Onboarding Toolkit: Templates, Timelines, and More

Flimp Communications

This starter kit is filled with actionable resources for HR teams trying to upgrade their onboarding and improve their retention rates. Three new hire onboarding templates An onboarding plan timeline, with nine key touchpoints A checklist with 24 items to include in an employee onboarding portal 3 unique ideas for improving your onboarding And more!

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Addleshaw Goddard receives fertility-friendly accreditation

Employee Benefits

Law firm Addleshaw Goddard has received fertility-friendly employer accreditation in recognition of its work to improve workplace experiences for its staff with fertility issues. The accreditation, which is awarded by Fertility Matters at Work, aims to enhance workplaces for individuals needing fertility treatment, while ensuring employers are inclusive.

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Free Guide: Reduce Healthcare Spending with Decision Support

Flimp Communications

A benefits decision-support tool, which educates employees on their benefits options, predicts their likely costs, and lays out their plan options in an easy-to-compare way, is a significant innovation in benefits enrollment. And they’re helpful for an increasingly self-service enrollment process. Learn all about these tools and more: The state of healthcare spending in the United States.

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3 Steps to Successful & Strategic Year-End HR Planning

Year-end can be a hectic time for HR professionals, but with proper planning and organization, you can navigate it smoothly. Learn the main watch outs for year-end HR prep with Paycor’s helpful checklist covering employee data, wage and tax information, and special situations. Ensure compliance and efficiency by downloading today!