July, 2024

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What is Unicorn Hiring?

HR Lineup

In the world of business and recruitment, the term “unicorn” originally referred to privately-held startup companies valued at over $1 billion. However, the concept of the unicorn has since expanded beyond finance and tech sectors to describe rare and exceptional job candidates. Unicorn hiring, therefore, is the process of recruiting these exceptional individuals who possess a unique combination of skills, experience, and qualities that make them exceedingly rare and highly valuable

Health 85
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Knowledge Management: Add Project Management To the Process

HR Bartender

Estimated reading time: 4 minutes Knowledge management is the process of organizing, using, and sharing knowledge within the organization. According to IBM, there are three types of knowledge: tacit, implicit, and explicit. Tacit knowledge is acquired through experience. An example of tacit knowledge could be leadership skills. Explicit knowledge is captured in documents like manuals, reports, data, etc.

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Loud Budgeting: A Financial Discipline Strategy

Money Talk

Have you heard the term “loud budgeting?” It started gaining traction earlier this year on TikTok (where else?) and has been covered by financial media outlets ever since. An influencer named Lukas Battle coined the term, which is meant to convey transparent and intentional spending. Loud budgeting follows a 2023 term called “Quiet Luxury,” where people buy high-quality timeless, luxury items but do not brag about them.

Finance 194
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36 happy retirement messages and tips for crafting a great retirement card

Achievers

Retirement is a significant milestone in anyone’s life, marking the end of one chapter and the beginning of another. Whether the retiree is a close colleague or someone you’ve only worked with indirectly, a meaningful message can go a long way in making their transition into retirement a memorable and positive experience. But finding the right words to encapsulate years or even decades of service requires careful consideration and more than a touch of creativity.

Health 191
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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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What it would really take for a pensions comeback

Employee Benefit News

While the revival of traditional pension plans faces significant hurdles, the exploration of hybrid solutions and innovations in retirement planning could provide a path forward.

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Fred Perry and Pieminister receive living wage employer accreditation

Employee Benefits

Credit: piyaphun phunyammalee / Shutterstock.com Sporting and fashion brand Fred Perry and pie making business Pieminister have received real living wage employer accreditation from the Living Wage Foundation. Employees at the two organisations across the UK will now receive a minimum of £12 per hour, while those based in London will get £13.15. This is higher than the government’s national living wage of £11.44, which applies to workers aged 21 and over.

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Consider Artificial Intelligence In Developing Your HR Tech Stack

HR Bartender

Estimated reading time: 3 minutes A couple of years ago, I published an article about how an “ organization’s technology strategy needs to include building the perfect tech stack ”. It’s still true today. A quick refresher: a tech stack is a grouping of technology services that are “stacked” together to create the best, most effective, and efficient process possible.

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Diversity Takes a Backseat as a Microsoft DEI Team Is Laid Off

HR Digest

In the latest updates to the job cuts occurring this year, one of Microsoft’s DEI teams has just been let go. DEI job cuts have grown in number since 2023, and Microsoft is not the first company to make the move, however, the increasing number of cuts is causing employees to become concerned. The decision came to light after the team lead sent out an email to other staff members at the organization, sharing their thoughts on the move.

Media 111
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Market Alert: SAP Strengthens Transformation Strategy with WalkMe Acquisition

3Sixty Insights

The News SAP has agreed to acquire WalkMe, a San Francisco-based company whose products help employees and consumers use technology by overlaying cues and automation on top of enterprise applications and websites. The agreement results from the companies’ three-year partnership, which has seen WalkMe’s tools implemented on SAP SuccessFactors, Ariba and Concur.

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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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Celebrating National Wellness Month In August

Wellable

National Wellness Month takes place in August. Explore ways to celebrate it in the workplace and set the foundation for a year-round culture of health. The post Celebrating National Wellness Month In August appeared first on Wellable.

IT 105
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How AI will transform the way we design and manage the places we work

Workplace Insight

The integration of Artificial Intelligence into the workplace is not just a technological shift; it’s a fundamental reimagining of how we work, interact, and manage our professional environments. As AI capabilities rapidly evolve, they promise to transform every aspect of workplace design and management, from physical layouts to organizational structures and employee experiences.

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King’s Speech introduces Employment Rights Bill

Employee Benefits

Credit: Muhammad Aamir Sumsum / Shutterstock.com The new Labour government is to introduce an Employment Rights Bill within its first 100 days as part of its plan to make work pay. Announced in the King’s Speech on Wednesday 17 July, the plan will create a new partnership between business, trade unions and working people, inviting their views on how best to put the plans into practice.

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Having Media Literacy Is a Business Competency

HR Bartender

Estimated reading time: 4 minutes Over the past few years, we’ve all been exposed to the notion of misinformation and/or disinformation. It might have been someone who shared an announcement that a celebrity has died, only to find out that it’s either not true or it happened four years ago. Or a news agency that labels an act of violence as terrorism (or completely dismisses it) before all the facts are in.

Media 135
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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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5 Simple Ways to Increase Engagement for Financial Wellness Benefits

Best Money Moves

5 simple ways to increase engagement for financial wellness benefits. 5 proven strategies to increase employee engagement for your financial wellness programs. Financial wellness benefits are more important than ever before, as financial stress weighs heavily on Americans. Nearly half of all respondents (47%) in a recent MarketWatch survey claim that 2024 has been the most stressful year of their financial lives.

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The Importance of Teamwork in the Workplace and Tips to Build it

BetterUp

You've likely heard the saying, “The whole is greater than the sum of its parts.” And while Aristotle was not referring to teamwork, the statement expresses the main goal of building a great team. The importance of teamwork lies in its ability to achieve far more than individuals working alone. Why is teamwork important in the workplace? It combines diverse skills and perspectives, enhancing creativity and problem-solving, while boosting employee engagement and morale.

IT 105
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Far From Over—NSEU Announces Indefinite Strike at Samsung

HR Digest

NSEU union workers at Samsung are on an indefinite strike in Hwaseong, South Korea, uniting in their demand for better benefits. The National Samsung Electronics Union had attempted a one-day strike last month and then announced a three-day strike earlier this month. Samsung union workers have attempted to initiate negotiations with the company over pay and benefits but the tech giant has been reluctant to come to the table to discuss the conditions laid out by the workers on strike.

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Mediocre offices won’t encourage people to spend more time in them

Workplace Insight

Dry, uninspiring offices and long, costly commutes are principal causes for a lack of office-based working, according to a new poll. The survey, commissioned by design and fit-out firm Peldon Rose claims that 1 in 3 (34 percent) office-based workers in London have a ‘nightmare journey’ into work each day, which ultimately deters almost half (46 percent) from travelling into the office.

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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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BT Group to roll out new family leave policy

Employee Benefits

Multinational telecommunications firm BT Group is to roll out a new family leave policy for its UK employees from 1 January 2025. The group’s new family leave policy is aimed at levelling up paid leave for any parent welcoming a new child. Regardless of how their family is made up, all employees will be able to take 18 weeks’ leave on full pay , eight weeks of half pay and 26 weeks at the statutory rate.

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How to Write a Professional Business Text Message

HR Bartender

Estimated reading time: 4 minutes I recently wrote an article about “ How to Write an Email that Others Will Read ”. It provides great tips and reminders about sending good email messages. After the article was published, it occurred to me that another common form of business communication is text messaging. So, I reached out to my community again and asked them tips for writing a professional text message.

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5 Ways to Motivate Your Employees to Save Money

Best Money Moves

5 ways to motivate your employees to save money. Help employees save money with financial wellness programs, benefits communication, retirement plans and more. Financial experts generally recommend having three to six months’ worth of expenses in an emergency fund to help cover unexpected costs. However, for many employees, putting this advice into practice is easier said than done.

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The QSEHRA: Pros and cons

PeopleKeep

A robust benefits package that includes health coverage is an important recruiting tool for every employer. However, soaring medical costs can make offering health benefits challenging for small business owners with limited budgets. Luckily, health reimbursement arrangements (HRAs)— specifically the qualified small employer HRA (QSEHRA)—can help small employers overcome this challenge.

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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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The Resurgence of Provider-Sponsored Health Plans in the New Health Care Ecosystem

McDermott Will & Emery Employee Benefits

To adapt to the evolving healthcare landscape, health systems are seeking to identify alternatives to their traditional hospital-centric models and shift towards patient-centered care delivery. As a result, provider-sponsored health plans (PSHPs) are gaining traction as a potential framework for health systems to curate care delivery in the newly decentralized model of healthcare.

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Four day work week campaigners launch new project in wake of successful pilot

Workplace Insight

Campaigners advocating for a four day work week are gearing up for a fresh pilot project aimed at promoting flexible working practices. The initiative is set to launch in November, with participating companies currently being invited to sign up. The findings from this project will be presented to the government in the summer of 2025. The push for a four-day working week, notably with no reduction in pay, has gained significant traction in recent years, particularly following the Covid-19 pandemi

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UK Power Networks and Principality Building Society sign up to heating benefit scheme

Employee Benefits

Electricity distribution network operator UK Power Networks, Principality Building Society, asset management firm QEQ and advertising business Oliver Agency have signed up to a home heating employee benefit scheme. Run by Heat Scheme, the benefit will give employees at the firms access to one to one consultations , heating efficiency assessments and training webinars.

Bonuses 111
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Is autism protected by the ADA? A guide for employers

Business Management Daily

Contrary to popular belief, The Americans with Disabilities Act (ADA) does not contain a list of ‘protected disabilities.’ Instead, it provides an intentionally vague definition of a disability to cover as many debilitating conditions as possible and to keep up with changing circumstances. A perfect example is the increased prevalence of autism spectrum disorder (ASD).

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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.