Mon.Feb 12, 2024

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The key topics shaping the future of workplace financial wellbeing

Employee Benefits

Financial wellbeing has a key role to play in supporting HR goals such as recruiting and retaining employees and improving productivity. However, the factors influencing financial wellbeing strategies are changing. With insight from its latest Financial Wellbeing Research 2023 [1] in association with Reward & Employee Benefits Association, WEALTH at work reveals some of the key topics set to shape future financial wellbeing strategies.

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PayrollOrg Offers Comments on Artificial Intelligence to United Nations

PayrollOrg

PAYO sends letter to United Nations about artificial intelligence and payroll.

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What actions can employers take to close the gender pensions gap?

Employee Benefits

More employers could introduce gender inclusive paid parental leave to prevent and try to close gender pension gaps. The Pensions (Extension of Automatic-Enrolment) (No. 2) Bill will remove the lower earnings limit, enabling more employees to pay into a pension. In order to help close the pensions participation gap, more education on schemes is needed.

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What is Time and Attendance Management in HR?

Darwinbox

Time is a precious resource, especially within the realm of human resources (HR). Effective time management is vital for organizations to run smoothly and efficiently. This is where time and attendance management comes into play. This article provides an overview of the importance of time and attendance management in HR. It discusses the benefits of implementing a time and attendance management system and the various features that can be utilized.

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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.

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Heightened Labor Scrutiny Looms Over Workplace Rules

McDermott Will & Emery Employee Benefits

A recent National Labor Relations Board decision will likely expose a broader range of workplace rules to regulator enforcement. According to this HR Dive article, introducing even ordinary workplace rules during unionization could draw new scrutiny. However, as Christopher Foster and Marjorie C. Soto Garcia explain, there are steps employers can take to mitigate risk. […] The post Heightened Labor Scrutiny Looms Over Workplace Rules appeared first on EMPLOYEE BENEFITS BLOG.

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Safeguarding Your Business MVPs: The Power of Key Person and Disability Insurance

CorpStrat

In the world of sports, MVPs like LeBron James and Shohei Ohtani are considered invaluable assets to their teams. These players drive success, just like your key employees do for your business. However, have you considered what would happen if unexpected events were to occur? We’re talking about things like illness, disability, or the loss of a key team member.

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3 ways to help employees catch cancer sooner

Employee Benefit News

Early detection can reduce late-stage diagnosis, cutting costs and saving lives.

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How Will AI Transform the World of HR

Darwinbox

AI has become a buzzword across industries, revolutionizing the way we work and interact. But what about its impact on HR? In this article, we will explore the effects of AI transformation on HR processes – paving the way for increased efficiency, improved decision-making, and enhanced employee experiences.

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'Super Bowl flu'? Employers prepare themselves for up to 16 million post-game sick days

Employee Benefit News

Super Bowl Monday is routinely named as one of the least productive days on the calendar.

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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.

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What Are The HR Assessment Tools To Identify Top Candidates in 2024?

Darwinbox

In today's competitive job market, finding the right candidate is crucial. HR assessment tools streamline the hiring process by evaluating candidates effectively. These tools provide insights into skills, abilities, and personality traits. They revolutionize talent acquisition. In this article, we'll explore why HR assessment tools are crucial for identifying top candidates.

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A year after SECURE 2.0, retirement race gap remains stubborn

Employee Benefit News

White Americans still have twice as much retirement wealth as savers of color, research shows.

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What is Time and Attendance Management in HR?

Darwinbox

Time is a precious resource, especially within the realm of human resources (HR). Effective time management is vital for organizations to run smoothly and efficiently. This is where time and attendance management comes into play. This article provides an overview of the importance of time and attendance management in HR. It discusses the benefits of implementing a time and attendance management system and the various features that can be utilized.

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Ready to hire? Make sure your background checks are compliant with clean slate laws and more

Employee Benefit News

Checkr found that 51% of organizations were either uncertain whether their screening policies were compliant or didn't have a policy at all.

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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.

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The Importance and Need for HR Document Management Software

Darwinbox

It’s no secret that HR departments handle a lot of paperwork daily – but manual processes can be time-consuming and inefficient. HR document management software solves this problem by digitizing, streamlining, and automating HR document processes. In this article, we'll discuss the challenges of manual HR document management and why adopting software is crucial for fast-growing businesses.

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GLP-1 Drug Coverage in Canada

International Foundation of Employee Benefit Plans

A new survey report from the International Foundation of Employee Benefit Plans reveals results from a group of Canadian employers regarding considerations and coverage for glucagon-like peptide-1 (GLP-1) drugs, which have historically been used to treat diabetes and are increasingly being used […] The post GLP-1 Drug Coverage in Canada appeared first on Word on Benefits.

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What is the Role of HR in onboarding?

Darwinbox

Starting a new job can be overwhelming, which is why the onboarding process is crucial for integrating new hires smoothly. HR teams play a vital role in this process, creating an exceptional employee experience from day one. This article explains the importance of HR in the onboarding process and how they contribute to creating an exceptional employee experience from day one.

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The Ultimate Guide to Recruitment Marketing

HR Lineup

In today’s competitive job market, attracting and retaining top talent has become increasingly challenging for companies across all industries. Recruitment marketing has emerged as a powerful strategy to address this challenge by leveraging marketing principles to attract, engage, and nurture potential candidates throughout the hiring process.

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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.

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Digital Performance Management: Optimize Employee Performance in Real-Time

Darwinbox

In the digital world, HR is more than just hiring and managing employees. HR now plays a strategic role in driving performance and engagement through technology. Digital performance management uses technology to monitor and optimize employee performance in real time. This article provides an overview of the importance of digital performance management and how to implement it in HR.

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'You're on mute!' Skip virtual meeting glitches with new tech add-ons

Employee Benefit News

Hardware that attaches to platforms such as Zoom create a more life-like meeting experience for employees.

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What are the Features of an Effective Performance Management System?

Darwinbox

A well-designed performance management system is crucial for optimizing operations and maximizing productivity in organizations. It involves setting goals, assessing employee performance, providing feedback and coaching, and rewarding achievements. This framework aligns individual efforts with organizational objectives, enhances productivity, fosters growth opportunities, and drives success.

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Status seeking drives non-executive directors to outstay effectiveness

Workplace Insight

Long-serving non-executive directors (NEDs) who can’t wean themselves off the social status attached to belonging to the corporate board are failing shareholders and damaging the companies they are meant to serve, new research from the University of Bath and Queensland University of Technology suggests. Board members who exceed their tenure are putting the identity and self-worth they gain from being a director ahead of their duty to shareholders, compromising board renewal and its financial and

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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.

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What are the Top Transformational HR Practices to Follow in 2024

Darwinbox

Transformational HR practices are the key to unlocking organizational success by creating a culture of growth, empowerment, and innovation. This article provides you with a detailed overview of the top transformational HR practices to follow in 2024 -- including leadership strategies, technology innovation, employee development, agile performance management, and change management.

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Raising the bar (and hell) with Antony Slumbers

Workplace Insight

Over a well-earned but unseasonable G&T, Antony Slumbers and Mark Eltringham discuss what makes work and workplaces great, and why bosses aren’t doing all they can to make them so. They also riff on the origins and wisdom of determining how much time people should spend in an office and how we escape the interminable binary loop of headlines about whether the home or the office is a better place to work.

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The Importance and Need for HR Document Management Software

Darwinbox

It’s no secret that HR departments handle a lot of paperwork daily – but manual processes can be time-consuming and inefficient. HR document management software solves this problem by digitizing, streamlining, and automating HR document processes. In this article, we'll discuss the challenges of manual HR document management and why adopting software is crucial for fast-growing businesses.

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Pay settlements expected to drop in 2024

Employee Benefits

Basic pay increase expectations have fallen for the first time since the start of the pandemic, according to the Chartered Institute of Personnel and Development’s (CIPD) latest Labour Market Outlook. After holding steady at 5% for more than a year, UK employers’ expected basic pay rises for the next 12 months have fallen to 4%. The report which surveyed 2,006 employers in January 2024, found that the median expected basic pay increase in the private sector has fallen from 5% to 4% since the las

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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.