HR Digest

SEPTEMBER 27, 2024

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.

Employment 126

Employment Education Management IT 126

Qandle

SEPTEMBER 26, 2024

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.

Employee Compensation 89

Employee Compensation Management Compensation System Software 89

Best Money Moves

SEPTEMBER 11, 2024

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.

Retirement Plan 105

Retirement Plan Education Employment Employee Benefits 105

Employee Benefit News

SEPTEMBER 6, 2024

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

Management 101

Management Employee Benefits 101

Speaker: Kaitlin Ruby Carroll

Fertility benefits have become a crucial component of employee well-being and retention strategies. In today’s competitive landscape, creating a fertility benefits program that aligns with both employee needs and organizational goals can be more complex than it seems. From cycle-based to flat-dollar and telehealth models, each solution offers unique advantages and challenges that directly affect employee satisfaction and financial well-being.

Employee Wellness

Employee Benefits

SEPTEMBER 20, 2024

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

Pension Retirement Plan Consulting Employment 102

Money Talk

SEPTEMBER 5, 2024

Each year in August, Next Gen Personal Finance holds an all-day Back-to-School Virtual Conference for financial educators. I recently attended part of this program to learn about topics related to my work for clients. I firmly believe that, when you are well versed on current events, you enhance your credibility with clients and students. Below are six of my content take-aways: Generative AI Prompts - Users need to “poke and prod” prompts for generative AI programs (e.g., ChatGPT, Bing, and Gemi

Finance 296

Finance Education Media Technology 296

PayrollOrg

SEPTEMBER 24, 2024

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

Taxes 118

Taxes 118

WEX Inc.

SEPTEMBER 9, 2024

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

Transportation 124

Transportation Engineering Retail Utilities 124

Workplace Insight

SEPTEMBER 11, 2024

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.

Technology 120

Technology Employment IT 120

Employee Benefits

SEPTEMBER 25, 2024

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

Employment 121

Employment Employee Benefits Management IT 121

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Employment

Employee Benefit News

SEPTEMBER 18, 2024

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.

Employee Retention 110

Employee Retention 110

PeopleKeep

SEPTEMBER 18, 2024

Traditional group health insurance covers almost 153 million Americans 1. But even though it’s popular, many small employers have difficulty offering a group health plan due to the cost and strict participation requirements. To make it easier for these employers to provide group health insurance, the Affordable Care Act (ACA) created the Small Business Options Program (SHOP) Marketplace.

Health Insurance 104

Health Insurance Insurance Taxes Employment 104

Best Money Moves

SEPTEMBER 4, 2024

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.

Health Insurance 105

Health Insurance Insurance Healthcare Employee Benefits 105

HR Digest

SEPTEMBER 26, 2024

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.

Transportation 98

Transportation Utilities Management Employment 98

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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.

Technology

Workplace Insight

SEPTEMBER 20, 2024

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

Work From Home 110

Work From Home IT Commissions Employment 110

Employee Benefits

SEPTEMBER 19, 2024

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.

Transportation 111

Transportation Government Pension Engineering 111

Employee Benefit News

SEPTEMBER 25, 2024

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.

Management 109

Management Employee Benefits 109

PeopleKeep

SEPTEMBER 11, 2024

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.

Employment 105

Employment Government 105

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.

IT

BetterUp

SEPTEMBER 24, 2024

At one point or another in our lives, chances are we all have said something along the lines of “I’m having an existential crisis.” It’s a concept we are quite familiar with, yet it is not often that we stop and think “What is an existential crisis? How do I know if I’m having one? How can I overcome it?

IT 98

IT 98

Flimp Communications

SEPTEMBER 19, 2024

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.

Out of Pocket Cost 98

Out of Pocket Cost Engineering Healthcare Medical 98

Workplace Insight

SEPTEMBER 2, 2024

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.

Employment 113

Employment IT 113

Employee Benefits

SEPTEMBER 25, 2024

It might not always be obvious when an employee is struggling with challenges with drugs or alcohol. Employers may feel uncomfortable, or unsure of what to say or do, but it is important to know that they can help them. Before having a conversation with them, employers should prepare and speak to their HR team. They should look at what support their organisation might provide, such as an employee assistance programme or occupational health support.

Employment 106

Employment Employee Benefits IT Healthcare 106

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Payroll

Employee Benefit News

SEPTEMBER 30, 2024

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

401(k) 108

401(k) 108

WEX Inc.

SEPTEMBER 19, 2024

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

Health Flexible Spending Account Health Savings Account Flexible Spending 98

BetterUp

SEPTEMBER 25, 2024

It’s normal to wonder how to motivate yourself. See 15 evidence-based techniques for finding the motivation to achieve personal or professional goals.

Management 105

Management 105

International Foundation of Employee Benefit Plans

SEPTEMBER 26, 2024

New Survey Data Reveals Prevalent Conditions and Increased Telehealth Use As more employees grapple with mental well-being, organizations are challenged with implementing new solutions to support mental health in the workplace. Mental Health and Substance Use Disorder Benefits: 2024 Survey, a new […] The post Mental Health and Substance Use Disorders: Employers Improve Response, but Employees Continue to Struggle appeared first on Word on Benefits.

Employment 93

Employment Employee Benefits 93

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.

Technology

Workplace Insight

SEPTEMBER 9, 2024

A new report claims that data centres will generate around 2.5 billion tonnes of greenhouse gas (GHG) emissions worldwide by the end of the decade. This figure is three times higher than it would have been had the rapid rise of generative artificial intelligence (AI) not occurred. The report, published by Morgan Stanley titled Global Data Centers: Sizing & Solving for CO2, suggests that the combined emissions from the construction of new facilities and their energy consumption will amount to

Construction 109

Construction Manufacturing Banking Technology 109

Employee Benefits

SEPTEMBER 26, 2024

Patrick Ismond, head of diversity and inclusion at the RSPCA, will present a session on inclusivity on the second day of Employee Benefits Live 2024. The session, titled Advancing diversity, equity and inclusion (DEI) at the RSPCA: A journey towards inclusivity will take place on Wednesday 9 October at 1pm. It will explore how the RSPCA embedded diversity, equity, and inclusion into its culture and operations, and how understanding human behaviours and their impact on adopting an open and inclus

Employee Benefits 106

Employee Benefits Management IT 106

Employee Benefit News

SEPTEMBER 23, 2024

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.

Employee Benefits 104

Employee Benefits Recruitment 104

HR Digest

SEPTEMBER 6, 2024

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

Retail Pay Raise Employment Management 98

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.

Payroll Manager