September, 2024

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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.

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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.

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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.

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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.

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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

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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

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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.

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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.

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WEX celebrates World EV Day by welcoming AmpUp and Blink to EV charging network

WEX Inc.

Today on World EV Day, WEX announces the addition of two leading electric vehicle (EV) charging brands – AmpUp and Blink Charging – to its en route charging network in the U.S. This expands WEX’s EV charging network to approximately 130,000 public chargers nationwide. “For the estimated 19.4 million commercial vehicles that WEX services worldwide, we continue to integrate EV functionality and ease into existing offerings – empowering organizations to manage EVs alongside traditional internal com

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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.

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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.

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Sally Benton: Employers can offer a lot of support to employees with addictions

Employee Benefits

Addiction is a serious mental illness that has a devastating impact on people’s lives. Everybody knows somebody impacted by addiction, at home, in families, or work. This is why it is important that employers start to consider employees who may be impacted. Statistics from the Office for National Statistics (ONS) in December 2023 estimated that approximately 3.1 million people reported using a drug in the last 12 months, 2.5 million people reported using cannabis and around 1.1 million people re

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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.

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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.

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20 tech companies with the highest employee satisfaction

Employee Benefit News

Based on the ratio of positive to negative reviews on the workplace rating site Glassdoor, NetApp ranked at the top with 1,801 Glassdoor reviews having a 10.05% negative keyword frequency.

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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

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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.

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How Insurance Brokers Are Evolving to Meet the Changing Needs of Businesses in a Rapidly Shifting Landscape

3Sixty Insights

The recent Advisory Services Research published by isolved paints a fascinating and revealing picture of industries in a state of rapid change. Whether those advisory services are being offered by banks, financial advisors or accounting businesses, the pressure to deliver more value, more fully, is clearly visible in the responses. However, it is perhaps the insurance broker industry that is facing the greatest pressure to adapt most rapidly.

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64% of employers have seen rise in absenteeism due to mental health issues

Employee Benefits

Two-thirds (64%) of organisations have seen a rise in absenteeism due to mental health issues , with younger employees most affected, according to research by consultancy Barnett Waddingham. Its study of 301 HR directors and C-Suite business leaders in UK organisations also found two-fifths (41%) of these have responded by increasing their spend on mental health support, while 28% boosted training around mental health challenges.

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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.

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Reduce Bias in Hiring: Structured Interview Questions for Employers

Structured interview questions are a valuable tool for reducing bias in hiring. They help: Ensure all candidates are asked the same questions in the same way Level the playing field so all candidates have a fair chance of being successful Improve credibility, reliability, and validity Download the guide to get the most out of your interview questions!

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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.

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Four steps to easing back-to-school financial anxiety

Employee Benefit News

Mounting pressure to manage the competing demands of school-related expenses and ensuring a family's long-term financial stability can lead to stress and anxiety.

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Does The ICHRA Satisfy The Employer Mandate?

PeopleKeep

If the federal government considers your organization an applicable large employer (ALE), you’re subject to specific Affordable Care Act (ACA) rules. Navigating the ACA can be difficult, especially if it’s your first time. But, understanding the employer mandate is especially important to avoid steep penalties. The employer mandate requires ALEs to offer employee health coverage that meets specific affordability and value standards.

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Open Enrollment 2025: Important Deadlines You Need to Know

Best Money Moves

Open Enrollment 2025: Important deadlines you need to Know. Open enrollment is an important period for your workforce. Learn all about the most critical deadlines for Open Enrollment 2025 in this helpful article. Open Enrollment 2025 is a critical period during which your workforce can update their benefits choices. Top among those decisions: choosing a health insurance plan for the upcoming year.

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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.

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Train drivers accept pay deal

Employee Benefits

Train drivers across England, Scotland and Wales have accepted a pay deal made by the Department for Transport, ending a two-year pay dispute. The employees are members of the Associated Society of Locomotive Engineers and Firemen (Aslef) union. They have taken part in strike action since 2022 over pay, arguing that the previous government refused to let the train operating businesses negotiate freely and make a fair offer.

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Southwest Airlines Announces Job and Service Cuts in Atlanta

HR Digest

Southwest Airlines has turned to flight cuts, and by extension, job cuts in Atlanta. Around 300 pilots and flight attendants are expected to be impacted by the Southwest Airlines reductions plans next year. The changes were announced in a company memo that was circulated to employees, coming a day before Southwest’s investor day where further discussions on their future strategy are expected to take place.

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One in four people have turned down a job because they hated its office environment

Workplace Insight

Almost a quarter (23 percent) of people say that they have turned down a job because they didn’t like the office environment, according to a new poll. This rose to almost a third (32 percent) for 18 – 24-year-olds indicating the need for a high-quality office environment for the younger generation. Geographically, workers in the capital are most likely to pass on a job based on the office surroundings, with a third (32 percent) of London based workers admitting to declining a role for this reaso

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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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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.