Mon.Jun 24, 2024

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Employers Should Check Salary Thresholds for Exempt Employees Before July 1

PayrollOrg

Employers should check the FLSA salary levels for their exempt employees before July 1 to ensure they comply with the new thresholds.

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Poll: How high is your employee take-up of your employee assistance programme?

Employee Benefits

Take part in our latest readers’ poll on a current topical issue. Earlier this month, Employee Benefits reported that 79% of employers provide an employee assistance programme (EAP), according to research by HCML. The rehabilitation and case management provider also found that only 27% of employees realise that an EAP exists in their workplace. In light of this, how high is your employee take-up of your employee assistance programme?

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Why You Deserve Better Employee Benefits

CorpStrat

Are your Employee Benefits bundled with one of the big payroll companies like Paychex, Gusto, ADP, or Zenefits? If so, there’s a good chance you’re not getting the service you deserve. These giants often push businesses into rolling their employee benefits with them, banking on the fact that most people aren’t fully aware of what they need or deserve.

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Employee Magnetism: Everything You Need to Know

HR Lineup

Employee magnetism is an evolving concept in the realm of human resources and organizational development, referring to the ability of a company to attract, retain, and engage top talent. As the global workforce becomes increasingly competitive and dynamic, companies are realizing the critical importance of creating a magnetic environment that draws in high-caliber employees and keeps them invested in the organization’s success.

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Create a Culture of Belonging

Ready to boost employee happiness, improve inclusion, and make a positive impact on morale? From fostering cooperation and collaboration to promoting inclusivity and community impact, our checklist covers it all! Create the kind of workplace where employees feel valued, motivated, and invested in your success.

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Humor at work: Your guide to laughs without the gaffes

Business Management Daily

Funny co-workers keep things interesting at work and help to lighten the mood. We like them, but too many jokes and silly stories can become overwhelming (or awkward when they cross a line). So, what’s the right way to use humor in the office? For starters, being funny at work means understanding the right time and place for humor. It’s assessing your audience to know who can and can’t take a joke—knowing what’s appropriate for work and what isn’t.

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The Multiemployer Retirement Plan Landscape: DB Takeaways

International Foundation of Employee Benefit Plans

According to recent data from Horizon Actuarial Services, LLC and the International Foundation of Employee Benefit Plans, the fifteen-year period between 2006 and 2020 was turbulent for multiemployer defined benefit (DB) pension plans. Financial markets were volatile, and 2008 saw the biggest […] The post The Multiemployer Retirement Plan Landscape: DB Takeaways appeared first on Word on Benefits.

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Employers are satisfied with their compensation packages — do employees agree?

Employee Benefit News

New emerging trends in the pay and compensation space could shed some light on what the future holds for employees.

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How to Keep Employees Engaged When You’re Short-Staffed

15Five

Short-staffed organizations don’t have enough people to handle all the work that needs to get done. When that goes on for too long, employees start taking notice and employee engagement suffers. Watching important tasks go undone, having to work through lunch to hit deadlines, and feeling like promotion opportunities have gone the way of the dodo all take their toll on your workforce.

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As retirees rethink the future, many are heading back to work

Employee Benefit News

Employers and employees can both benefit when retirees return to work, as long as both sides keep an open mind around the experience.

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How HR Can Create a Culture of Feedback

Employees want meaningful feedback. Without it, 98% disengage from their work (Zippia). But do your managers know how to support them? Use this Quick Start Guide to get the conversation started. Your workers don’t just want jobs; they want careers. Invest in your team by giving them meaningful feedback. 65% of employees want more feedback (Zippia). Workers who get daily feedback are 3x more engaged (Clear Company).

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Nike doubles parental leave benefit for all US employees

Employee Benefits

Sports retailer Nike has announced that it has doubled its parental leave benefit for all of its employees based in the US as of this month. As of 1 June, it has increased its paid parental leave benefit from eight to 16 weeks, to allow workers time to bond with their child after birth, adoption or foster placement. For the first time, the retailer has extended this benefit to its part-time retail employees.

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Proposed rule change threatens mental health care access

Employee Benefit News

Amending MHPAEA regulatory standards could lower the quality and safety bar for providers to join insurance networks, as well as undermine patient-focused treatment.

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Hannah Pearsall: What are the benefits of having a strong wellbeing strategy in place?

Employee Benefits

It goes without saying that supporting employee wellbeing should be high on the agenda for all organisations. At Hays, improving employee wellbeing is a top priority, as we acknowledge that people can only reach their full potential if they are in a good place with their mental and physical health. Beyond being the right thing to do, building a strong wellbeing strategy is business-critical as it directly impacts a number of key areas across an organisation including talent attraction and retent

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Brightmove

HR Lineup

BrightMove, a trailblazer in the realm of talent acquisition and staffing software, stands out as a leading provider of cloud-based solutions designed to streamline the recruitment process for businesses of all sizes. Since its inception, BrightMove has been dedicated to empowering recruitment professionals by offering innovative tools that enhance efficiency, improve candidate experiences, and drive better hiring outcomes.

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How to Conquer These 4 Top-of-Mind HR Challenges

It’s a never-ending tightrope act, trying to find the balance between creating benefits offerings that adapt to the uniqueness of your people, managing your own time and resources, and maintaining the organization’s bottom line. And the ever-changing policies and laws can make cultivating a competitive employee benefits strategy feel impossible. Whether you’re concerned about adapting to new pay transparency laws, managing global benefits packages, return-to-office mandates, or 401(k) and retire

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Lisa Redding: What are the benefits of having a strong wellbeing strategy in place?

Employee Benefits

Having a happy and motivated workforce forms the bedrock of any successful business, especially in hospitality where reputation and reviews are critical to driving long-term growth and in turn, creating exciting careers. Hospitality is a fast-paced and demanding industry which, at times, has had to battle with an image problem as a career option; but employers such as ourselves have the power to make the industry a fun and rewarding one to work in.

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Headspace

HR Lineup

Headspace for Organizations combines the mindfulness expertise of Headspace with the clinical prowess of Ginger to offer comprehensive mental healthcare solutions. Their goal is to help members manage their mental health through a wide array of services, including guided meditations, sleep support, focus tools, coaching, therapy, psychiatry, and Employee Assistance Programs (EAP).

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Nicola Shephard: What are the benefits of having a strong wellbeing strategy in place?

Employee Benefits

At Emcor UK, we believe that a robust wellbeing strategy is essential to our whole person approach, ensuring that we remain true to our purpose of creating ‘A Better World at Work’ and upholding our core values. We have strategically shifted wellbeing from health and safety to the people and culture department. This move highlights our commitment to a holistic view of employee wellbeing, encompassing physical, mental, emotional, and social health.

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HiringThing

HR Lineup

HiringThing is a versatile and modern recruiting and onboarding platform that aims to simplify and enhance the hiring process for businesses of all sizes. With a strong emphasis on customization and integration, HiringThing offers a suite of tools designed to meet the diverse needs of employers, recruiters, and partners. Platform Features: 1. Applicant Tracking System (ATS): HiringThing’s ATS is designed to streamline the recruitment process.

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Using an HSA to Save for Health Care in Retirement

Saving for retirement is no easy task, and as an employer we know you want to help your employees get what they need out of their retirement benefits. With a health savings account (HSA), you can relieve the burden of health care costs for both you and your employees. With our new report, “Using an HSA to Save for Health Care in Retirement,” you can get insights on the costs of a modern retirement and dive into the details of the triple-tax benefits HSAs offer.

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Tribunal rules Wrexham bakery did not make reasonable adjustments for blind employee

Employee Benefits

An employment tribunal has ruled that a Wrexham bakery did not do enough to make reasonable adjustments for a man registered as blind before dismissing him during his probation period. Ian Stanley is registered as legally blind and was diagnosed with Bardet Biedl syndrome in 2010. He was employed as a night-shift operator at the Village Bakery in July 2023.

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Fleet factoring solutions: Optimize trucking invoice payment

WEX Inc.

In business operations these days, delivery speeds often matter the most to keep pace with the competition. Mega companies like Amazon and Walmart paved the way for one-click ordering and same-day delivery causing industries across the globe to streamline their business operations to keep up with the pace. The global market for same-day delivery is expected to reach $20.36 billion by 2027, estimated to grow at a compound annual growth rate (CAGR) of 21.1% from 2020.

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59% of staff rank financial wellbeing as most wanted support from employer

Employee Benefits

Three-fifths (59%) of employees ranked financial wellbeing as the area where they want the most support from their employer over the next three years, according to a new survey by Willis Towers Watson (WTW). The global advisory, broking and solutions firm surveyed 6,000 UK employees at medium and large private sector employers for its 2024 Global benefits attitudes survey.

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Gen X Retirement Struggles: Praying for a Miracle To Turn Things Around

HR Digest

The discussion of Gen X’s retirement struggles has reached a breaking point as many claim it will take a “miracle” for them to ever retire. Despite being touted as the golden years of their life, the future looks anything but glorious for the Gen Xers who will soon be reaching the landmark age of 60. Gen X’s retirement issues have been linked to many different elements but the unstable financial markets that persist today and the switch to 401(k)s over the course of their working years have been

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Maximizing Your Health Plan Design Using Data-Driven Insights

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Scientific Games recruits Amy Steinman as chief human resources officer

Employee Benefits

Global lottery organisation Scientific Games has recruited Amy Steinman as its new chief human resources officer and the newest member of its executive leadership team. Scientific Games is a partner to 150 lotteries in 50 countries around the globe and provides games, technologies, analytics and services to beneficiary programmes. Steinman will lead the employer’s growing workforce of 3,000 employees in 16 countries through its next era of transformation, to serve government-regulated lotteries

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Stephen Bevan – a tribute

Workplace Insight

We are deeply sorry to announce that our dear friend and colleague, Stephen Bevan has passed away. Steve has been such an important part of so many of our lives over the years – through his work, as a mentor and as a friend – and we will miss him hugely. It is impossible to do justice to the impact that Steve has had over more than forty years at IES and the Work Foundation.

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Top 33 Cutting-Edge AI Tools for HR Teams

Bayzat

It seems like every day, there’s a new development in the world of artificial intelligence (AI). But unlike many other trends, the buzz around AI is likely justified. This is because AI has found its way to more than just niche applications in about every industry. From transportation to healthcare, the possibilities for AI are seemingly endless.

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Maximizing Learning Potential: A Comparative Analysis of 10 Best Learning Experience Platforms (LXPs)

Vantage Circle

Introduction In today's bustling business world, it is crucial for both individuals and organizations to learn and adapt quickly. Traditional methods of corporate learning often need to catch up in engaging employees and providing personalized learning experiences. Learning Experience Platforms (LXPs) are a modern solution designed to revolutionize corporate training and development.

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Creating a Company Culture of Care: Integrating Mental Health, Wellbeing, and DEI in Benefits

Speaker: Sean Raible

Picture a workplace where physiological safety is not just an aim but a reality, driven by thoughtful employee benefits that prioritize mental health, wellbeing, and DEI. 🤔 ✨ Achieving this vision requires more than just occasional training sessions and employee assistance programs. Moving beyond the basics, this vision calls for a holistic approach that integrates these elements into your company culture as well as your HR and benefits strategy.