Employee Benefit News
AUGUST 26, 2024
Key initiatives that are making their mark across the pond include flexible national holiday and work-from-anywhere policies, shared meals, a social club and volunteer work.
HR Lineup
AUGUST 16, 2024
Salary benchmarking, also known as compensation benchmarking, is a crucial process for businesses that aim to maintain a competitive edge in attracting and retaining talent. It involves comparing internal job salaries against external market data to ensure that a company’s compensation structure is both fair and competitive. This guide will take you through everything you need to know about salary benchmarking, including its importance, how to conduct it, and how to use the results effectively.
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Employee Benefits
AUGUST 13, 2024
A majority (81%) of UK employees revealed that they notice increasing feelings of burnout, exhaustion, or poor mental health when they cannot take time off work, according to new research by Breathe. The HR platform for small to medium-sized businesses surveyed 1,000 UK working adults aged 18-65 and found that 25-34 year olds are the most likely age group to be suffering the effects of burnout.
Insperity
AUGUST 1, 2024
Employee mentoring programs aren’t just buzzwords to add to job descriptions and career pages. Creating a method that supports chemistry and lasting productivity through an effective mentorship program has a place in your strategic planning. We’ve spent the last few years re-learning what employees need and want. The Great Resignation has shown us that individuals are more than willing to make big career changes if it means moving somewhere they feel they’ll: Be more valued Have more flexi
Advertiser: Paycor
In today’s fast-paced business world, effective workforce management (WFM) isn’t just an option—it’s a necessity.
Patriot Software
AUGUST 8, 2024
When you have employees, you need to pay them. Instead of manually calculating gross pay, payroll taxes and deductions, and net pay, you might opt for payroll software. With the right software, you can run payroll in minutes—not hours—each pay period.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Money Talk
AUGUST 1, 2024
I’ve solely authored three personal finance trade books so far during my life and 2024 is a milestone year. 2024 is the anniversary of Saving On A Shoestring (my first book published 30 years ago in 1994) and Investing On A Shoestring (published 25 years ago in 1999). In addition, four years ago on August 3, 2020, my latest book, Flipping A Switch : Your Guide to Happiness and Financial Security in Later Life , was published.
HR Bartender
AUGUST 4, 2024
Estimated reading time: 4 minutes Artificial intelligence (AI) is a regular topic of conversation in today’s business environment. One in four employers are using AI to support HR related activities , according to an article on the Society for Human Resource Management website. And that number is sure to increase over time. We’ve been talking about artificial intelligence on HR Bartender and some of the things we can do to learn more about the use of AI.
Vantage Circle
AUGUST 9, 2024
Human resources managers increasingly view employee engagement as a key performance indicator. However, measuring engagement is complex due to its many contributing factors. A vital component of engagement is employee morale or enthusiasm, which can be improved through various strategies, especially by prioritizing worker well-being. According to a Gallup poll , companies with high employee engagement experience 21% higher profitability and 41% lower absenteeism.
Business Management Daily
AUGUST 5, 2024
The global workforce faces a massive skills gap, and many organizations need help finding qualified talent. Research from McKinsey & Company found that 87% of companies worldwide are either aware of a skills gap or will have one within a few years. The solution? Upskilling , and a lot of it. Springboard for Business’s The State of the Workforce Skills Gap 2024 polled 1,000 corporate professionals (in leadership roles) and asked them how they planned on addressing the current skills gap withi
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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
Best Money Moves
AUGUST 6, 2024
Financial resiliency: The skill you didn’t know your team needed. Learn why fostering financial resiliency may be key to a more productive, confident workforce. Everyone encounters rough financial patches at some point — the key is how easily you adapt to situations that threaten your well-being. This concept is at the core of financial resiliency, the key skill you could be missing in your workforce.
HR Lineup
AUGUST 7, 2024
In today’s fast-paced and dynamic work environment, organizations need to stay on top of their employees’ skills and development to maintain a competitive edge. Skills tracking and management software plays a crucial role in identifying skills gaps, planning training programs, and ensuring employees are well-equipped to meet the demands of their roles.
Money Talk
AUGUST 22, 2024
As I noted last week , I slowly made my way since last December through over a dozen video recordings of presentations made at the 2023 Association for Financial Counseling and Planning Education (AFCPE) Symposium. Below is another very eclectic summary of key take-aways from recorded presentations on topics of personal interest: Debt Repayment Acceleration - The best way to pay off debt quickly is a “rollover method” where extra payments on debt get shifted from one creditor to another as debts
Employee Benefit News
AUGUST 22, 2024
According to ComPsych, one in ten of all leaves of absence are due to poor mental health and burnout.
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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.
Vantage Circle
AUGUST 23, 2024
Employee recognition is a critical component of a thriving workplace, but how can its impact be effectively measured? Utilizing data-driven approaches to track and evaluate recognition programs can provide valuable insights, ensuring that appreciation efforts not only boost morale but also contribute to overall organizational success. This blog explores the key metrics and strategies for measuring employee recognition, turning appreciation into a powerful tool for driving performance and engagem
PayrollOrg
AUGUST 1, 2024
Effective July 1, 2024, the Nevada Department of Business and Industry, Financial Institutions Division, issued final regulations to further clarify requirements in the state’s earned wage access (EWA) law.
Business Management Daily
AUGUST 1, 2024
Transitioning successfully from an individual contributor to a people-manager role is no easy feat. After all, what made you successful as an individual contributor can potentially hold you back in terms of your leadership success. Why? One simple word: Control. When you were an individual contributor, you controlled everything on your desk or work area.
Employee Benefits
AUGUST 13, 2024
Specialist dementia nursing charity Dementia UK has received menopause-friendly accreditation due to its commitment to support its employees experiencing perimenopause and the menopause. The menopause-friendly accreditation was established by Henpicked: Menopause in the Workplace. It recognises proven practices that embrace menopause in the workplace by setting clear standards which must be met.
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
Money Talk
AUGUST 8, 2024
With less than five months remaining in 2024, now is the time to begin serious tax planning for your 2024 income tax return. I recently attended a webinar with some tips for financial advisors about reviewing clients’ tax returns. The advice also applies to taxpayers themselves. Below are my take-aways from this presentation: Review a Draft Return- It is wise to review a draft of your annual tax return before it is submitted.
Employee Benefit News
AUGUST 6, 2024
Caring for loved ones and time for professional growth are just some of the reasons employees appreciate a flexible work life.
Vantage Circle
AUGUST 23, 2024
What is the hallmark of a truly successful workplace? In today’s day and age, it’s a feeling that connects an individual in a unique yet powerful way to their organization. It’s a feeling of belonging and purpose. A feeling of being valued for the unique contributions one brings to the table. It's the result of belonging to a living, kicking entity and not merely lifeless, corporate machinery.
Achievers
AUGUST 1, 2024
Inclusion in the workplace should be a top priority for organizations striving to cultivate an engaging company culture and foster a strong sense of belonging among employees. According to Gallup’s 2023 State of the Global Workplace , inclusive work environments can boost employee productivity, performance, and engagement. In fact, organizations that make the effort to foster an inclusive company culture experience a 56% increase in performance, as well as a 37% decrease in absenteeism.
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.
HR Digest
AUGUST 16, 2024
After a lean second quarter earning report, Paramount is moving forward with job cuts to try and restabilize the company. The Paramount layoffs will affect 15% of the workforce which is estimated to impact at least 2,000 people. Along with a reduction of the US workforce, Paramount is planning to s**t down the Paramount Television Studio. The company aims to reduce its annual costs by $500 million USD before its upcoming merger with Skydance Media.
Business Management Daily
AUGUST 13, 2024
Picture this. You just landed a high-paying job at a major company due to your talent, work ethic, and in-demand skill set. Your employers are highly impressed with your capabilities and don’t want to lose you to a competitor. To ensure you don’t leave, they slap a pair of golden handcuffs on your wrists – metaphorically, of course. In actuality, they offer you deferred financial incentives such as employee stock options, large bonuses, and attractive compensation packages.
Money Talk
AUGUST 15, 2024
One of the great features of the annual Association for Financial Counseling and Planning Education (AFCPE) Symposium is that AFCPE now makes video recordings of all of the breakout sessions and makes them available to attendees for a year. Gone are the days when you need to choose one session from among three topics of interest and miss the other two.
Employee Benefit News
AUGUST 8, 2024
After surveying over 700 employees, Wondr Health found that employees are thinking more holistically about weight loss than employers think.
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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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