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
Speaker: Joe Sharpe and James Carlson
In the world of small business management, the challenge of managing payroll & HR efficiently while scaling operations can be overwhelming. Yet, with the right strategies in place, these challenges can become opportunities for growth and innovation. In this session, Joe Sharpe, Senior Director of Managed Payroll Services at IRIS, will reveal practical methods and expert insights for outsourcing and streamlining payroll processes, resulting in substantial time and resource savings.
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.
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.
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.
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.
Workplace Insight
AUGUST 19, 2024
There’s a lot to be said for not being slaves to the clock and the screen. Ironically, the way we measure time has its roots in a famous instance of daydreaming. The story goes that in 1583 a young student at the University of Pisa called Galileo Galilei was daydreaming in the pews while his fellow students were dutifully reciting their prayers. He noticed that one of the altar lamps was swaying back and forth and even as its energy dissipated, the arc of each swing slowed so that each took the
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Our Free Welcome Email Templates (designed for both in-office or virtual employees) are ready for you to customize and use to plant the seeds of success for new team members.
International Foundation of Employee Benefit Plans
AUGUST 15, 2024
U.S. employers project a median health care cost increase of 8% for 2025, according to International Foundation of Employee Benefit Plans survey results. This is an increase over similar surveys conducted in 2022 and 2023, which projected a 7% rise in costs. […] The post Employers Project 8% Rise in Health Care Costs for 2025 appeared first on Word on Benefits.
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.
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
WEX Inc.
AUGUST 21, 2024
The IRS’ use-or-lose rule governs flexible spending accounts (FSAs). This rule is one of the big differentiators between FSAs and other types of employee benefits. So what is the use-or-lose rule? And what does it mean for the upcoming plan year? We’ll answer those questions and more. What is a FSA? A flexible spending account (FSA) is an employer-sponsored benefit that allows employees to set aside a portion of their pre-tax salary to pay for qualified medical expenses or dependent care expense
Speaker: Radhika Samant and Adri Glover
The world of work has fundamentally changed. The series of waves that the pandemic began have rippled through the Great Resignation, quiet quitting, the Great Regret, and other eloquent phrases that boil down to the same thing: people aren’t engaged at work or enabled to perform at their best. The truth is that engagement and enablement is more important than ever, but how we do it is the critical differentiator for many organizations.
Employee Benefits
AUGUST 23, 2024
Two-fifths (40%) of employers cite rising workloads as the main reason for staff being off work with mental health illness , according to research by health and wellbeing provider HCML. Its survey of 503 employees in organisations with more than 50 workers, and 200 HR leads, HR directors, heads of wellbeing and people directors at businesses with between 50 and 5,000 employees also found employers that said mental health conditions were the main reason for staff absence in the last six months, r
Workplace Insight
AUGUST 22, 2024
The United Kingdom’s commercial property market is showing signs of a quicker recovery than the rest of Europe, following a challenging two-year period marked by high interest rates and the ongoing re-evaluation of the role offices. According to the Green Street Index, the office market continues to be the most sluggish sector. The latest data suggests that both deal volumes and property values in the UK have seen an increase in the first half of 2024.
Employee Benefit News
AUGUST 14, 2024
Evidence-based, holistic approaches can improve employee well-being in the long term, improve productivity, and serve as a competitive edge in recruiting and retaining talent.
International Foundation of Employee Benefit Plans
AUGUST 14, 2024
Employee benefit plan sponsors and administrators may feel the effects of the U.S. Supreme Court’s decision to overturn the so-called Chevron doctrine for many years to come, predicts Katherine Hesse, CEBS, an Employee Retirement Income Security Act (ERISA) attorney. Hesse, who is […] The post The Supreme Court and the Chevron Doctrine: Key Takeaways for Employee Benefit Plans appeared first on Word on Benefits.
Advertiser: Paycor
Diversity and inclusion are crucial for building a strong and innovative workforce. Discover how AI technology can revolutionize your hiring process and drive diversity in your organization. Explore over 10 ways AI recruiting tools can help you identify a wider pool of candidates, enhance communication strategies, and eliminate unconscious bias. Embrace the future of recruitment and create a more diverse and inclusive workplace with AI technology.
Business Management Daily
AUGUST 12, 2024
As an employer or human resources manager, consider what candidates and employees bring to your business. Their work ethic, experience, education, training, and skills add value to your business. But what do you give them in exchange? Demonstrating your value to employees and candidates is often just as important as evaluating their value to your business.
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.
Employee Benefits
AUGUST 28, 2024
The employment law changes that came into effect in April 2024 are likely to have been overshadowed for many by the general election and the multitude of proposed employment law changes that have been put on the table by the Labour party. The Employment Relations (Flexible Working) Act 2023, which came into effect in April, introduced a day one right to request flexible working.
Workplace Insight
AUGUST 6, 2024
In a world in which people have more choice about how and where to work, how do you encourage people to spend more time in the office without issuing controversial mandates? Some of the UK’s most high-profile workplace, design, property and facilities management experts met recently at the London showroom of MillerKnoll to discuss the answers to this, one of the most vexed questions of recent years.
Speaker: Andrea Wuchiski
In an era where a workforce spans multiple generations, HR managers and Total Rewards leaders face the unique challenge of designing benefits packages that cater to diverse employee needs. This session will delve into how comprehensive fertility benefits can bridge generational gaps, support employees’ health, and enhance workplace satisfaction. Join us for an insightful session that highlights the strategic importance of fertility benefits in today’s competitive job market.
Employee Benefit News
AUGUST 23, 2024
Employers who use isolved's employee management system will now have the option to offer their workers access to FinFit's financial platform.
HR Digest
AUGUST 29, 2024
Apple has reportedly moved forward with job cuts of its own in 2024, and these cuts have been rumored to have affected around 100 workers. The Apple job reduction plans were brought to light by Bloomberg , but the company has not confirmed the validity of the story or the reasoning behind its decision to cut down on these particular teams. The layoffs have primarily affected the digital service groups, which refer to those in charge of Apple’s various proprietary platforms.
Business Management Daily
AUGUST 29, 2024
Workplace diversity is important. You want people with different backgrounds, beliefs, and perspectives to contribute to your organization and help your team develop innovative ideas and solutions. When discussing workplace diversity, most people think about racial and ethnic diversity and perhaps religious diversity, but it’s important to include neurodiversity in workplace considerations as well.
WEX Inc.
AUGUST 29, 2024
Roughly 1 in 6 adults worldwide are affected by infertility. Reasons can vary, which is why wide-ranging fertility benefits can also improve the lives of any adult wanting to start a family. And did you know that a variety of fertility and infertility treatments are eligible for health savings account (HSA) and medical flexible spending account (FSA) funds?
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About 40% of us will be diagnosed with cancer in our lifetime, and patients are getting younger. At the same time, the cost of treatment continues to rise, with employers spending 8.5% more on cancer care for each employee than they did last year. The best thing employers can do for their employees and business tomorrow is to invest in cancer detection and care today.
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