Mon.Sep 30, 2024

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How to prevent employees from raiding their retirement funds

Employee Benefit News

Key strategies include seeding emergency savings to cover six months' worth of expenses with the help of a financial adviser and matching contributions.

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What is Peer Coaching? A Comprehensive Guide

HR Lineup

Peer coaching is an innovative and increasingly popular approach to professional development, where colleagues collaborate to improve their skills, share knowledge, and support each other in achieving individual and organizational goals. It’s a process of mutual learning and growth, where two or more people with similar positions, roles, or expertise work together to provide feedback, motivation, and guidance.

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For those in unique corporate roles, finding outside support can fuel success

Employee Benefit News

The Chief of Staff Network was created for executives who find themselves in need of professional development and career advice.

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Poll: What is the take up of your mental health support benefits?

Employee Benefits

Take part in our latest readers’ poll on a current topical issue. Last week, Employee Benefits reported that Market Harborough Building Society signed the mortgage industry mental health charter as part of its commitment to support employees’ health and wellbeing and mental health. By signing, it has voluntarily agreed to abide by governing rules designed to ensure best practice when dealing with its workforce’s health and wellbeing.

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Testing Innovations in Cancer: How to evaluate and use new technologies

Amidst rising cancer prevalence and soaring costs, new cancer technologies and innovations are emerging to support the early detection, treatment, and surveillance of cancer. Read this guide to understand how to evaluate these solutions for your employees and members – and to learn more about the current state of coverage, clinical and cost effectiveness, and impact on quality and outcomes.

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Ten Year Senior Benefits Specialist Camila Arias-Leal, on the Skills, Inspiration, and Advice to Help Employees Make the Best Benefits Decisions.

Winston Benefits

Questions Q: How long have you been with Winston? Camila Arias-Leal: September 29, 2024, is 10 years with the company! Q: What do you enjoy most about working at Winston? Camila Arias-Leal: I have met wonderful people who have taught me a lot. Over the years, I have been able to help Hispanic communities that … Continue reading "Ten Year Senior Benefits Specialist Camila Arias-Leal, on the Skills, Inspiration, and Advice to Help Employees Make the Best Benefits Decisions.

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Magenta Associates becomes employee owned

Workplace Insight

Our friends at comms specialist Magenta Associates have announced that the business is now owned by its employees. The company has set up an Employee Ownership Trust which owns the majority of the business. The trust will be led by five trustees to ensure the management team is running the business in the best interests of the employees. Magenta was set up in 2011 by Cathy Hayward, the former editor of FM World (now Facilitate) and FMJ magazine who spotted a gap in the market for a PR agency spe

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We Care Group launches staff bonus programme

Employee Benefits

We Care Group, a UK care home organisation with 35 homes across the north of England, has introduced a new staff bonus programme. As part of the initiative, the group’s employees will be awarded bonuses every three months, after receiving two initial quarterly payments in July and September worth £200,000 each. This will see the annual bonus amount exceed £1 million in the first 12 months.

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MFA fatigue attacks: Definitions and prevention strategies

Higginbotham

Multi-factor authentication (MFA) fatigue attacks, also known as MFA spamming or MFA bombing, are sophisticated cyber security threats that overwhelm users with repeated multi-factor authentication requests until they mistakenly grant access to attackers. These attacks are becoming increasingly common and pose massive security risks for businesses, employees and individuals, but there are strategies that can help prevent them.

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Egress, Adobe Systems and Cisco named Best Workplaces in Tech 2024

Employee Benefits

Cloud email security provider Egress, software firm Adobe Systems and digital communications business Cisco have been named some of the Best Workplaces in Tech 2024. Great Place To Work UK compiled the list, using its research-backed Trust Index employee survey and analysing the responses of UK-based tech staff. They were asked to comment on how their employers support their work-life balance , sense of fulfilment, job satisfaction, psychological safety and financial security.

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Recognition Powers High-Performance — If You Do it Right

Speaker: Debra Squyres and Todd Wuestenberg

Employee recognition has often been deemed a "feel-good" initiative, tied closely to rewards. While we understand its importance, we tend to associate recognition with intangible outcomes like engagement and sentiment, rather than direct impacts on retention and high performance. In today’s workplace, the true ROI of recognition lies in its ability to regenerate tangible, business-driven results.

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EV adoption: How a construction company began the transition to a mixed-energy fleet

WEX Inc.

Dallas 1, a utility construction company based near Tampa, Florida, with 120 employees, performs specialty construction including site work and utility installation. They were interested in creating a mixed-energy fleet by introducing electric vehicles (EVs) to their existing fleet of internal combustion engine (ICE) vehicles. Read on to learn how they developed an adoption strategy and partnered with WEX to add their first EVs to their fleet.

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59% of UK millennials struggle to save for retirement due to life stage

Employee Benefits

Six in 10 (59%) UK millennial employees have admitted that their current life stage means they struggle to save for retirement, compared to 48% of Gen Z and 39% of Gen X staff. According to new research by long-term savings and retirement business Phoenix Group, among 4,000 UK adults, 25% of millennial respondents in their late 20s to early 40s revealed that income change is the main reason, with a similar proportion (24%) citing childcare responsibilities.

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Issue 22 of IN Magazine is here for you

Workplace Insight

The new issue of IN Magazine is available for you to read here. In this issue: it’s events season and we look forward to Orgatec and back on Material Matters; we profile the most important workplace thinker of the past fifty years whose ideas are as relevant as ever; we visit a new office for one of the many tech firms making Munich their home; ask why people often seem to prefer ‘difficult’ analogue tech to digital; explore a new generation of life sciences workplaces; Helen

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Duco names new chief people officer

Employee Benefits

Duco, an enterprise platform for data automation, has named Lyuba Brouillard as its new chief people officer , to lead its human resources organisation. With more than two decades of experience in leading global teams across the US, Europe, Middle East and Africa, and Asia Pacific regions, Brouillard has built high-performing teams and driven value through an employee-centric people platform, with a keen focus on aligning with business goals and key performance indicators.

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Why Every Small Business Needs an HCM Solution: A Comprehensive Guide

Managing HR tasks like payroll, compliance, and employee data can overwhelm small businesses. That’s where a Human Capital Management (HCM) solution comes in. Our eBook, Why Every Small Business Needs an HCM Solution: A Comprehensive Guide , shows how an HCM system automates tedious processes, ensuring your business stays compliant and efficient. You’ll learn how to simplify payroll, eliminate costly errors, and empower your employees with self-service tools.

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Reverse mentoring: Bridging generational gaps through innovation

Business Management Daily

Can the teacher become the student? In other words, is it even possible? Surprisingly, according to the new trend of reverse mentoring, yes. While experience is generally the crown jewel of seniority—since people who spend more time developing are typically better at it—reverse mentoring flips the script by inviting junior team members to train senior employees.

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Tribunal claim over ‘dubious’ birthday leave fails

Employee Benefits

A solicitor who described a Citizens Advice policy to award hard-working staff their birthday off as ‘dubious’ has lost her claim for constructive unfair dismissal. The claimant, Sarah Guest, brought a complaint of constructive unfair dismissal to the employment tribunal in Manchester, relying on an alleged breach of the implied duty of mutual trust and confidence.

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Wellness Incentives: How To Create An Impactful Employee Rewards Program

Wellable

The secret to wellness program engagement lies in offering engaging rewards. Learn how to create a wellness incentives program that boosts participation and promotes long-term health. The post Wellness Incentives: How To Create An Impactful Employee Rewards Program appeared first on Wellable.

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50 ChatGPT Prompts to Help HR Professionals Work Smarter and Achieve More

Darwinbox

Discover 50 ChatGPT prompts designed to help HR professionals work smarter and achieve more. From streamlining recruitment to enhancing employee engagement, these prompts will optimize your HR processes and boost efficiency.

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HR Meets AI: 🤝 The New Way of Keeping Large Workforces Connected and Engaged

Speaker: Miriam Connaughton and Donald Knight

As organizations scale, keeping employees connected, engaged, and productive can seem like a monumental task. But what if AI could help you do all of this and more? AI has the power to help, but the key is implementing it in a way that enhances, rather than replaces, human connection. Join us for an exploration into how industry trailblazers are using AI to transform employee experience at scale while addressing both the potential and the pitfalls.

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Total Compensation Statement Template: A Powerful Tool for Employers

COMPackage

The Importance of Total Compensation In today’s competitive job market, attracting and retaining top talent is essential for businesses to thrive. Salary alone is no longer enough to entice employees. Employers must offer comprehensive compensation packages that address both financial and non-financial needs. A total compensation statement provides a clear and concise overview of all the elements that make up an employee’s compensation, helping to demonstrate the value of the positio

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NY: Google Employee’s Post-Happy Hour Accident Arose From Employment

The Workcomp Writer

The Appellate Division of the New York Supreme Court, Third Department, recently affirmed a state Workers’ Compensation Board decision finding that a Google account executive’s injuries sustained after leaving a work-related happy hour event arose out of and in the course of his employment [ Matter of Matter v. Google Inc. , 2024 N.Y. App. Div. LEXIS 4814 (3d Dept., Sept. 26, 2024)].

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Total Compensation Report Template: Track, Analyze, and Optimize Employee Compensation

COMPackage

Total Compensation Report Template: Track, Analyze, and Optimize Employee Compensation A total compensation report template is a valuable tool for HR departments, providing a comprehensive overview of an employee’s compensation package. By accurately capturing salary, benefits, and other relevant compensation components, this template offers insights into employee compensation costs and helps organizations make informed decisions regarding compensation strategies.

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Performance Recognition Program: Unlocking Peak Employee Potential

Empuls

In today’s competitive business environment, recognizing employee performance is more than just a feel-good initiative—it’s a critical driver of motivation, engagement, and overall organizational success.    With the right strategies in place, performance recognition programs can transform the workplace into a thriving environment where employees feel valued and motivated to perform at their best.

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Best Practices to Streamline Compensation Management: A Foundation for Growth

Speaker: Joe Sharpe and James Carlson

Payroll optimization can be one of the most time-consuming and complex factors of small business management. Yet, organizations that crack the code on streamlining employee compensation often discover innovative avenues for growth. With the right strategies in place, outsourcing and streamlining payroll processes can result in substantial time and resource savings.

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Target Date Funds in Retirement Plans: A Smart Choice for Participants

Griffin Benefits

Retirement planning can be a daunting task, especially for those unfamiliar with investment strategies and financial markets. In its most basic form, retirement planning is saving, investing, and risk management, all carefully monitored and adjusted over time. In an effort to make retirement planning easier for the average worker, many employers and financial advisors recommend Target Date Funds (TDFs).