September, 2024

article thumbnail

Employers are Firing Gen Z Graduates and Don’t Plan on Hiring More

HR Digest

Companies are hiring and firing Gen Z graduates faster than ever, creating a very miserable work experience for everyone involved. The rapid firing of Gen Z in multiple companies is not surprising as employers have spent the last few years complaining about how this particular group of employees is hard to work with, but the scale at which this is occurring does not set a good precedent for the future of work.

article thumbnail

The Essential Guide to Streamlined Employee Compensation Management

Qandle

Managing employee compensation is one of the most critical aspects of Human Resource Management (HRM). It’s not just about paying salaries; it involves understanding the complexities of compensation structures, ensuring compliance with legal standards, and providing fair and motivating rewards to employees. However, compensation management can be an overwhelming process if not handled properly.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Understanding Gamification (The Key to Better Benefits)

Best Money Moves

Understanding Gamification (The Key to Better Benefits). Gamification is a powerful tool for motivating employees at work. Learn how gamification strategies can improve performance and encourage benefits usage. Gamification is a powerful tool for motivating employees at work and a valuable addition to financial wellness benefits. These strategies educate employees while encouraging them to set and meet their financial goals in engaging ways.

article thumbnail

3 leaders share their favorite parental benefits during the back to school season

Employee Benefit News

Flexibility and child care assistance topped everyone's list of the ways to help employees manage their professional and parenting obligations.

article thumbnail

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.

article thumbnail

49% of workers aged 50 and older are phasing into retirement

Employee Benefits

More than half (55%) of employees said a retirement plan is more important than ever as 49% of workers aged 50 and older have already started phasing into retirement, according to research by global advisory and broking firm Willis Towers Watson (WTW). Its 2024 Global benefits attitudes survey, which surveyed 6,000 UK employees working at medium and large private sector employers, also found that 17% of respondents in this age group have either already started phasing into retirement by reducin

Pension 102

More Trending

article thumbnail

Why Organizations Need an Artificial Intelligence Policy [Part 1]

HR Bartender

Estimated reading time: 8 minutes Given some of artificial intelligence’s (AI) challenges right now, it might be tempting to say that AI isn’t the panacea that everyone expected it to be. Personally, I think we’re still very early in the AI adoption curve, so organizations need to continue to pay attention to what’s developing and conduct experiments to see how it works.

article thumbnail

Understanding employee turnover rates

Achievers

Employee turnover rates are a crucial metric for organizations to monitor, as they show how frequently employees leave the company. Beyond just tracking numbers, understanding turnover rates requires identifying the root causes of employee departures and developing effective retention strategies in response. In this article, you’ll learn the common reasons for high employee turnover, how to develop an effective formula to measure it, and actionable strategies to mitigate it.

Retail 124
article thumbnail

The Employee Healthcare Crisis: This is How To Help

Best Money Moves

Employees Face a Healthcare Crisis. Here’s How You Can Help. Employees are experiencing a healthcare crisis due to financial concerns. These are the best strategies employers can use to help. American families are in the midst of a healthcare crisis and employer-sponsored health insurance can’t keep up. Even with support from employee health insurance programs, millions of American families cannot afford the full care they need.

article thumbnail

10 Best Staffing Agency Software for Recruitment Firms in 2024

HR Lineup

The recruitment landscape has dramatically evolved in recent years, driven by technological advancements, changing workforce demands, and the rise of remote work. Staffing agencies now rely on sophisticated software solutions to streamline their operations, find top talent, and stay ahead of competitors. In 2024, the best staffing agency software provides robust features such as applicant tracking, automated job postings, AI-powered candidate matching , and comprehensive reporting tools.

article thumbnail

We’re Here to Help! How to Navigate Your Top HR Priorities

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

article thumbnail

MomsRising is showing their support for 2024 election candidates

Employee Benefit News

The social welfare and advocacy group is endorsing more than 70 candidates across state, House and Senate races.

125
125
article thumbnail

Planning Ahead for Widowhood: Changed Income and Expenses

Money Talk

I live in an age 55+ community in Florida and have observed conversations among residents (primarily women) who are mentally preparing for widowhood. They know the statistics about women outliving men and have done the math. This is especially true for those who are younger and have better health habits than their husbands. A few have plainly stated “as soon as he dies, I’m outta here,” to reduce expenses or to live closer to family or in a lifecare community or assisted living facility.

Pension 162
article thumbnail

Aldi Makes Big Moves—Wages Increase, Hiring Surges

HR Digest

Most businesses are currently looking at layoffs and hiring freezes but grocery chain Aldi has announced a wage increase for workers along with plans to hire in large numbers. Aldi’s hiring surge will see the creation of 13,000 new jobs in addition to the 49,000 people it already employs. According to the company announcement, the organization is preparing for the upcoming holiday seasons and adding new stores across the U.S.

Retail 98
article thumbnail

Employee Engagement Calendar: Your Year-Round Roadmap for 2024-25

Vantage Circle

Employee engagement has become the cornerstone of a thriving work culture. But achieving it is not easy. It requires the right strategies and a positive approach. Fostering an environment where employees are engaged, you must be aware of engagement events throughout the calendar year. To help you with that, we have created an employee engagement calendar highlighting the critical dates that you can celebrate in your workplace.

401(k) 105
article thumbnail

4-Week Roadmap for New Hires

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.

article thumbnail

7 Keys to improve your hiring process.

Professionals Alternative

Companies can use their business brand to communicate to customers through their managers, especially when the brand presence is worldwide. The principal motive to have an employer brand is to differentiate you… “The main goal of working, nurturing and growing your business brand is to define what makes you unique” A strong business brand shows employees are happy and connected, which results in a great holistic experience and a great reputation.

Media 104
article thumbnail

How to Scale Hiring for an Early-Stage Startup?

HR Lineup

Scaling a startup is a challenging but exciting process, where founders and early team members need to transition from wearing multiple hats to building specialized roles that will allow the business to grow. One of the key factors in this transition is hiring. For an early-stage startup, scaling hiring can be a daunting task that requires balancing speed, cost, quality of candidates, and cultural fit.

Health 92
article thumbnail

Cultural understanding unlocks engagement of Hispanic workforces

Employee Benefit News

Creating a work environment that makes this growing segment of the U.S. labor force feel valued and included will help lower turnover and burnish workplace culture.

article thumbnail

Five Years of 55+ Community Living: Six Barbservations

Money Talk

In 2019, my husband and I purchased a brand new home in an age 55+ community located in Ocala, Florida. With five years of experience living here, now is a good time to reflect on this experience. Below are some insights for others who might be considering a similar move: HOA Living- Our homeowners’ association (HOA) fee includes two community clubhouses; amenities (e.g., spa, pool, bocce and pickleball courts), landscaping, and a lifestyle office that organizes dozens of monthly events for resi

Food 133
article thumbnail

How to Make The Best Benefits Decisions for 2025's Workforce: An HR and Total Rewards Guide

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

article thumbnail

Digital transformation efforts yet to translate into greater productivity at many firms

Workplace Insight

British and Irish firms are increasing their investment in digital transformation, according to Docusign’s Digital Maturity Report 2024 , but this hasn’t yet translated into improved productivity or digital maturity. The poll of 600 decision makers in the UK and Ireland, now in its second year, reveals what it claims is a ‘stark productivity and efficiency paradox’ for employers, as well as a Catch-22 for workers.

article thumbnail

The Shift to Cashless Tips and What It Means for Workers

3Sixty Insights

Recently, I came across a feature that caught my attention—Dayforce’s new cashless tip functionality, which is integrated into their Dayforce Wallet. In a world that’s rapidly moving toward cashless transactions, the tradition of cash tips is starting to fade. This change is significant, especially for tipped workers who have historically relied on cash for immediate, untaxed earnings.

IT 119
article thumbnail

Four Indiana Counties Have Income Tax Rate Changes Effective October 1

PayrollOrg

Indiana Department of Revenue revised Departmental Notice No. 1 effective October 1, 2024. Four counties have income tax rate changes.

Taxes 118
article thumbnail

What is Underrepresented Talent and Best Strategies for Sourcing the Talent

HR Lineup

In today’s business environment, diversity, equity, and inclusion (DEI) have become central to the success and sustainability of organizations. As part of this transformation, the need to tap into underrepresented talent pools has gained importance. But what exactly is underrepresented talent, and how can organizations source this talent effectively?

article thumbnail

The Diversity Reckoning: Can HR Survive Without New Perspectives?

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.

article thumbnail

Stay on task with these 5 productivity tips

Employee Benefit News

On average, one hour and 18 minutes each day is lost to distractions — that's 340 hours annually.

article thumbnail

Vision expenses piling up? Use your HSA or FSA

WEX Inc.

Visual health is a vital component of overall well-being, and unexpected eye-related expenses can put a strain on your finances. However, for participants of health savings accounts (HSAs) or medical flexible spending accounts (FSAs) , there are ways to alleviate the financial burden associated with vision-related costs. Let’s explore a few common vision-related questions as it relates to your HSA or medical FSA.

Health 98
article thumbnail

What (Most) Decision-Support Tools Get Wrong

Flimp Communications

The number of benefits decision-support tools available to HR teams has multiplied considerably over the past few years. It shouldn’t be surprising. As benefits — particularly healthcare plans — become more complex, and employees have less and less time to consider their options, the market demands solutions that simplify and streamline the benefits enrollment process while guiding employees toward satisfying, cost-effective selections.

article thumbnail

Arts and crafts boost personal wellbeing more than work, study finds

Workplace Insight

A new study suggests that engaging in arts and crafts activities can significantly enhance personal wellbeing, offering greater benefits than traditional employment. The research , conducted by a team from Anglia Ruskin University and published in the journal Frontiers in Public Health , found that activities like pottery, painting, knitting, and woodworking can increase life satisfaction, happiness, and the sense that life is worthwhile.

article thumbnail

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.