Employee Benefits
JANUARY 30, 2023
If employers are not seeing a return on their investment in benefits or schemes are not achieving their desired aims, such as increased employee engagement or retention, then they might be spending too much. Employers should consider whether they are offering benefits to be viewed as an attractive place to work or because they genuinely want what is best for their staff.
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Genesis HR Solutions
JANUARY 30, 2023
Should you auto-enroll your employees into your company’s 401(k) program? You don’t need to shake a magic eight ball to make a decision. Instead, take a look at the pros and cons, and then make an educated decision for your company. What is automatic enrollment? Automatic enrollment is exactly what it sounds like—you, the employer, automatically enroll your employees into your organization’s 401(k) plan.
Employee Benefits
JANUARY 13, 2023
More than half (55%) of UK employees want their employer to increase its investment in employee reward and recognition, according to reseerch by employee engagement platform Reward Gateway. Its 2023 Employee engagement trends report, which surveyed more than 3,000 employees across four global regions, also found that more than half of UK respondents frequently experience stress at work.
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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
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Achievers
JANUARY 31, 2023
Employees and job candidates now look far beyond salary when deciding whether to remain at or join an organization. While great compensation and benefits still matter, factors like inspired company culture, and truly engaging work are more important than ever. In short, people are looking for a great employee experience that lasts from the moment they apply for a job until the day they leave the organization.
Money Talk
JANUARY 18, 2023
The year 2022 was chock full of news about inflation, with a year-to year Consumer Price Index increase of 9.1% in June and a still-high 6.5% CPI at year-end. Not surprisingly, much of the news was negative; e.g., soaring prices for food, gas, utilities, cars, insurance, and more. What often gets lost in conversations and media reports about inflation are the ways that some people can benefit from it.
HR Digest
JANUARY 9, 2023
As the world continues to evolve at a rapid pace, HR trends in 2023 are expected to follow suit. From the incorporation of technology to shifts in company culture, HR professionals and thought leaders are keeping a close eye on what the future holds for the industry. One of the biggest global HR trends for 2023 is the increasing importance of diversity, equity, and inclusion.
Insperity
JANUARY 5, 2023
It is often assumed that employee assistance programs (EAPs) are only for people seeking counseling and mental health support. Of course, an EAP provides those services, but that’s not the extent of what an EAP can do – not by far. In fact, that’s just the tip of the iceberg when it comes to EAP benefits. What are EAPs used for? With any EAP, the goal is to lift weight from employees’ shoulders and give them peace of mind so they can focus their attention on work and achieve better work-life bal
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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.
Best Money Moves
JANUARY 11, 2023
Financial Wellness: The missing piece of your DEI strategy. Financial wellness could be the key benefit that your DEI initiative is missing. Here’s what to consider. . Organizations are constantly trying to improve diversity. But while progress has been made, many workplaces are still a long way from achieving true equity. . The median wealth for white households is $187,300, according to data released by the U.S.
Employee Benefits
JANUARY 11, 2023
Social media management organisation Hootsuite, which employs around 1,000 people, has implemented a range of lesbian, gay, bisexual, trans, queer, intersex, asexual and more (LGBTQIA+)-friendly initiatives. These include a restructuring of employee benefits, with increased coverage for mental health, fertility treatment, and gender affirmation surgeries, and the establishment of a diversity, equity and inclusion (DE&I) council, comprising employees and allies from diverse groups, to promote
Proskauer's Employee Benefits & Executive Compensa
JANUARY 27, 2023
In Kanefsky v. Ford Motor Co. Gen. Ret. Plan , No. 22-cv-2259, 10548 U.S. Dist. 2023 WL 186800 (E.D. Mich. Jan. 13, 2023), the court granted a motion to dismiss a pension plan participant’s claim that the plan was equitably estopped from recouping overpaid plan benefits. Upon termination of his employment, the participant requested and received from the plan a disclosure estimating that his pension would be $6,225.24 per month.
Money Talk
JANUARY 4, 2023
Last month, I presented my eighth annual (2022) Personal Finance Year in Review webinar for OneOp. Below are dozens of important events and trends from the past year: High Inflation- The consumer price index (CPI) started out the year at a 12-month percentage change of 7.5% in January 2022, reached a year-to-year high of 9.1% in June 2022, and stood at 7.1% in November.
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
HR Digest
JANUARY 14, 2023
It’s no news that the business world will experience changes in management in 2023. And HR is going to have to keep up. The new year is here, so it’s time for HR professionals to start thinking about how they’ll be ready for the future. HR leaders are always looking for ways to improve their employees’ lives and the company’s bottom line.
BetterUp
JANUARY 9, 2023
Jump to section. What are teamwork skills? Why teamwork matters. How to improve your teamwork skills. Life is a team sport. Throughout your life, you’ve probably been a part of many teams. Some of these experiences were likely better than others because of how the team functioned. Maybe your office softball team supported everyones’ strengths and was unstoppable on the field, but in the office, you were assigned group work with a team that struggled to delegate tasks and accept constructive feed
Best Money Moves
JANUARY 31, 2023
3 ways to improve your employee retirement benefits. Retirement benefits are a vital tool for your workforce. Here are three key ways to support your team with better retirement options. Almost 4 in 10 employees say they’re not confident about reaching their retirement goals, according to a 2022 Bank of America report , and even more are unsure if they have enough savings to retire.
Employee Benefits
JANUARY 26, 2023
Brighton-based smart buildings technology business Ideal has introduced an employee engagement and happiness programme for its 60 members of staff. Run by The Happiness Index, the digital platform was designed to boost people strategy by improving performance and cultural health. Ideal employees can access more than 20 pre-built neuroscience-backed surveys, which help to create actionable insights to drive people strategy.
Advertiser: Paycor
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!
Proskauer's Employee Benefits & Executive Compensa
JANUARY 30, 2023
As part of our continuing series on SECURE 2.0 , signed into law December 29, 2022, this post focuses on significant changes for section 403(b) tax-sheltered annuity plans (“403(b) plans”). 403(b) plans are similar to 401(a) tax-qualified defined contribution plans but sponsored by public schools or non-profit entities and subject to unique requirements under the Internal Revenue Code (the “Code”).
Darwinbox
JANUARY 16, 2023
2023 promises to be an exciting year. We’re witnessing a radical shift in the way we work, the way we organize ourselves, and how we collaborate. As we enter the new year, we’re delighted to share with you that Microsoft has made a strategic investment in Darwinbox to work jointly on technology innovations that shape the future of work. This partnership is amongst the first of its kind in the global HCM market.
HR Digest
JANUARY 19, 2023
What you realize is that it isn’t always the big, new, shiny initiatives that make the biggest difference. People want to be treated with respect, they want to feel included as part of the team, and they want to have opportunities to learn and succeed. The HR Digest: “At McDonald’s, we believe that serving up a best-in-class customer experience starts first with ensuring an exceptional employee experience.
BetterUp
JANUARY 23, 2023
Jump to section What are emotions? The 8 basic emotions How emotions affect learning Examples of how emotions affect learning 4 ways to use emotions to promote learning Embrace every emotion Let’s face it — we’re emotional beings first, rational beings second. Our emotions dictate how we react to situations, decide where to focus our attention, and decipher information.
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.
Best Money Moves
JANUARY 9, 2023
4 top 2023 employee benefits. Here are the trending employee benefits that companies are investing in for 2023, to help cope with financially stressful times. The International Monetary Fund estimates that 2023 will see global economic growth decline to only 2.7 percent in 2023. This is a significant drop from the 6.0 percent growth recorded in 2021, and the lowest since 2001. .
Employee Benefits
JANUARY 18, 2023
One effective way in which employers can help drive employee engagement with pensions is by ensuring ease of access, so they can engage more easily and more regularly. Different age groups will ultimately respond to information in different ways, so employers should consider using different methods of communication according to employees’ preferences.
Proskauer's Employee Benefits & Executive Compensa
JANUARY 24, 2023
A district court in New York recently dismissed a putative class action challenging retirement plan recordkeeping and investment management fees. The case is Singh v. Deloitte LLP , No. 21-cv-8458, 2023 WL 186679 (S.D.N.Y. Jan. 13, 2023). The court’s decision adds to the growing number of Second Circuit district courts relying on out-of-circuit appellate decisions to dismiss excessive recordkeeping and investment management fee claims for failure to plead proper benchmarks against which to mea
Insperity
JANUARY 24, 2023
In a world of remote work, it’s only natural that there would be increased interest in virtual health care. But, the value of a virtual care option goes beyond a fad and should be considered if you’re actively evaluating how to improve your health care benefits offerings for employees. What is virtual health care? Virtual care allows employees to access the health care system and other health-promoting resources remotely via computers, tablets and smartphones.
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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.
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