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
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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
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.
Florida Workers' Comp
AUGUST 27, 2024
Time and again, people in my circle have assured me that dope is "harmless." I wish I had a nickel for every time someone told me that "pot never killed anyone." Past expositions on this include Smoking Linked to Chronic Pain (December 2014); New Testing for Marijuana (April 2016); Marijuana Statute in Florida (March 2019); Edible but Stomach Churning (October 2023); Edibles and Illness (November 2023); Harmless (January 2024); and Dope and Heart Disease (March 2024).
Achievers
AUGUST 13, 2024
Ready to turn your employer brand into something everyone wants to wear, use, or show off? Company swag isn’t just about slapping a logo on a t-shirt — it’s your chance to create buzz, build connections, and make your brand unforgettable. The right swag can turn employees into brand ambassadors, impress clients with thoughtful gestures, and leave a lasting impression at events.
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.
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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.
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.
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
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
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.
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
3Sixty Insights
AUGUST 29, 2024
Practice Area Perspective: Workforce Management In 2024’s labor market, running an HR organization has become much more than just doing the basics. While successfully executing the basic functions of HR and Finance is essential, more can be done to improve the employee experience and deepen trust in an organization. In the words of HR leader Kamal Pradhan, “Keeping the lights on is not enough today.
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
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
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.
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!
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.
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.
3Sixty Insights
AUGUST 29, 2024
In this podcast, our authors, Barry Conchie and Sarah Dalton, take us through the last three Talents in this series. Our conversation is organic moving between Harnessing Energy, Exerting Pressure, and Increasing Connectivity. Here are high level ideas around these talents: Harnessing Energy: Every organization needs energy to function. Leaders need energy to power themselves, as well as power others.
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.
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.
Employee Benefits
AUGUST 9, 2024
Almost two thirds (64%) of younger workers said health cover is their most valued benefit , compared to 46% of those aged over 55, according to research by Simplyhealth. The health plan provider survey of 500 HR decision makers across UK businesses and 2,000 employees also found that 78% of younger respondents aged 18-34 said it is important that their employer provides health cover , with 71% claiming they would switch employers if it was not offered.
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
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.
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.
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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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