September, 2023

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12 types of employee stipends and examples of each

PeopleKeep

Offering robust employee benefits can greatly help companies that are looking to attract and retain top talent. In addition to offering traditional benefits like health insurance or retirement contributions, more employers are offering stipends to employees. These are additional funds an employer provides to cover specific employee expenses on a one-time basis or on a regular cadence.

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Two in five older staff are unaware of their total retirement savings

Employee Benefits

Two-fifths of older employees are unaware of how much they have saved for retirement, according to research by workplace savings and pensions fintech Cushon. Its survey of more than 2,000 employees enrolled into a workplace pension found that older employees have less clarity over the value of their retirement pension pots , as 41% of those aged 55 and above are not sure how much they have saved, compared to almost three in 10 (28%) of all UK staff.

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Artificial Intelligence and the Candidate Experience – hr bartender

HR Bartender

Estimated reading time: 3 minutes I’ve talked to a few recruiters recently who are very concerned about artificial intelligence (AI) replacing them. It reminded me that several years ago, I asked a few people in the technology and talent acquisition space this very question about technology replacing recruiters. I believe their comments are still spot on today.

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AI is giving business leaders the heebie-jeebies, new poll suggests

Workplace Insight

An overwhelming majority of business leaders (94 percent) admit to some form of ‘tech anxiety’ when it comes to AI and other technology, according to a new survey from Kin + Carta. This anxiety is on the rise as the pace of digital and technological change accelerates, and is prompting top executives to invest more in digital transformation, according to the survey.

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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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#HRTechChat: Unleashing the Potential of HR Tech: How AI is Revolutionizing Learning and Development

3Sixty Insights

In the ever-evolving realm of HR technology, the future of learning and development is undergoing a profound transformation. Artificial Intelligence (AI) is paving the way for innovative approaches that promise to revolutionize the way we acquire knowledge and skills. In a recent episode of HR Tech Chat, hosted by Jennifer Dole, we had the privilege of gaining invaluable insights from Larry McAlister and Josh Irmler, the CEO and founder of Landdai.

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District Court Replaces Plan Trustees With Independent Fiduciary

Proskauer's Employee Benefits & Executive Compensa

In Su v. Fensler , No. 22-cv-01030, 2023 WL 5152640 (N.D. Ill. Aug. 10, 2023), the court granted the Department of Labor’s motion for a preliminary injunction to replace with an independent fiduciary the trustees of the United Employee Benefit Fund, who are accused of breaching their fiduciary duties by using Fund assets to engage in prohibited transactions.

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Why suicide awareness should be a workplace priority

Employee Benefits

More than 6,000 people in the UK take their life every year. Three-quarters of those suicides are men. Suicide is the biggest killer of young adults under the age of 35 and of men aged between 50 and 54. And while there is a link between unemployment and suicide, the reality is that most people who die by suicide are in employment. So why does suicide remain one of the biggest workplace taboos ?

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Bookmark This! Workplace Ethics Edition – The HR Bartender Show

HR Bartender

Estimated reading time: 3 minutes In our second season of The HR Bartender Show, we focused on change management. We are constantly being faced with change. Some big, others small. Some impact our professional lives, and others on a personal level. It’s important that we know how to manage change. That’s why I think it’s so applicable to focus season three on workplace ethics.

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Not many people want fully remote work, but nearly everybody wants a better office

Workplace Insight

Just 7 percent of UK office workers back fully remote work, but eight in ten would like to see significant improvements to their company’s office and more support for flexible working, according to the Sony State of Offices Report 2023 [registration]. The report from Sony Professional Displays and Solutions Europe suggests that over two fifths (41 percent) of UK office workers still prefer to work from a dedicated company office, and across Europe this trend is even more pronounced with ov

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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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Navigating HR Tech: Best-in-Breed Talent Solutions vs. All-in-One Platforms

3Sixty Insights

Introduction In the ever-evolving landscape of human resources, technology has emerged as a transformative force, reshaping the way organizations manage and engage their most valuable asset: their talent. From recruitment and onboarding to performance management and career development, the realms of HR have been irrevocably altered by innovative solutions that streamline processes, enhance collaboration, and elevate the employee experience.

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Career Self-Assessments Can Help You Plan Your Growth Better

HR Digest

The era of Facebook quizzes and online personality tests appears to be far behind us, however, there was something very helpful about the frequent self-reflection these assessments evoked. While these tests were based on very arbitrary measures, the constant evaluation of our interests was an invaluable tool for self-discovery. Even today, investing in more formalized measures of self-assessment can be crucial to developing your skills and shifting your attention towards goals that are truly ali

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Ninth Circuit: Changes to a Services Agreement Require Consideration of Indirect Compensation

Proskauer's Employee Benefits & Executive Compensa

A recent Ninth Circuit decision has generated considerable controversy amongst employee benefits practitioners by holding that plan fiduciaries engaged in prohibited transactions when they amended the plan’s existing recordkeeping contract to add brokerage and investment advisory services. In so ruling, the Court remanded the case to the district court to consider whether the transactions fell within the exemption for reasonable service agreements and, independently, whether it was imprudent for

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77% of employers say competition for talent is key issue influencing benefits

Employee Benefits

Competition for talent was cited by three-quarters (77%) of employers as a key issue influencing their benefits strategy , according to research by global advisory, broking and solutions firm Willis Towers Watson (WTW). Its Benefits trends survey , which surveyed 339 UK organisations across a range of industries about their benefit strategies, also found that despite 45% of UK employees favouring workplace benefits that support long-term finances and retirement, more than half of employer respo

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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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Workplace Ethics [Episode 5] Jacob Ficner on Managing Ethical Risk with Technology

HR Bartender

Estimated reading time: 3 minutes Organizations want to operate in an ethical manner. They also want to be effective and efficient. There’s no reason that organizations have to compromise on doing it all. It starts with building a good foundation of ethics. But then organizations need to think about how to maintain ethics, no different that regularly examining data and information to ensure effectiveness and efficiency.

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Workers increasingly concerned that AI will come for their job in the very near future

Workplace Insight

Two thirds of IT workers and nearly half of office workers think that generative AI may come for their jobs within five years, according to a new report from Ivanti. The poll of nearly 8,000 respondents worldwide also suggests that 57 percent of people report ‘serious friction’ with workplace technology at least weekly and 61 percent say negative experiences with work tech affects their morale.

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Analyst Insight: Talent Intelligence Fundamentally Shifts How Organizations Should Measure Success

3Sixty Insights

As 2023 rang in, so did the hype over artificial intelligence, particularly with generative AI (such as ChatGPT). Seemingly overnight, the long-gathering buzz surrounding AI’s applicability not only to the world of work, but also to business and everything else, became nearly deafening. AI has become seemingly pertinent to just about everything — and it probably is.

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Unveiling Darwinbox Engage: Listen, Decode, Act | Employee Listening Solution

Darwinbox

We are excited to announce the launch of Darwinbox Engage, our state-of-the-art employee listening solution. Darwinbox Engage helps you cut through the noise, truly listen to your employees, and act on the insights so you can nurture a more engaged and productive workforce.

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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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Tenth Circuit Adopts “Meaningful Benchmark” Pleading Standard in Dismissing Challenges to 401(k) Plan Fees

Proskauer's Employee Benefits & Executive Compensa

In a case of first impression in the Tenth Circuit, the Court recently joined the chorus of circuit courts in holding that a 401(k) plan participant alleging excessive investment management or recordkeeping fees must assert a “meaningful benchmark” in order to survive a motion to dismiss. In addition to rejecting commonly pleaded “benchmarks” because they were not meaningful, the Court’s ruling is of particular significance because, unlike some other courts, it dismissed the participants’ “shar

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How to address a toxic workplace culture

Employee Benefits

Need to know: Toxic workplace cultures exist in many UK oganisations, with leaders and managers often to blame. Creating a culture where employees can raise concerns is essential to overcoming such environments. Organisations need to think about how they react where examples of toxic behaviour do occur. Allegations of toxicity and harassment at the broadcaster ITV, and of those who raised concerns facing bullying and discrimination, show just how damaging a toxic culture can be, both for those w

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8 Ineffective Management Styles to Root Out of Your Organization

15Five

Strategic HR leaders understand how influential managers are in a business. They can make or break a team’s ability to perform and be a driver—or killer—of employee engagement. So, it’s no surprise that 60% of you said manager effectiveness was your top priority in 2023. We spend a lot of time studying and discussing why manager effectiveness is important.

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Most workers are worried about poor indoor air quality

Workplace Insight

Most workers are concerned about poor indoor air quality and close to half think its damaging their health, according to a new survey conducted by Opinium for Spiralite. According to the poll, British workers are mostly concerned about the impact of air-quality on their health (64 percent concerned compared to 36 percent not concerned). One fifth (20 percent) are very concerned, rising to 38 percent of people living in London.

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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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Anatomy of a Decision: Box Elects to Leverage Eightfold’s Ai- Enabled Talent Acquisition Solution to Facilitate Candidate Rediscovery

3Sixty Insights

What You Need to Know Enterprises have choices when it comes to vendors that offer a single-platform solution and promise the ability to hire better candidates faster. By now, most have realized the value of investing in integrated platforms, software and apps to advance HR functions. An enterprise’s platform could boast all the bells and whistles — but is it integrating with its tools exactly the way the company needs to meet its human capital management (HCM) objectives?

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Meet EBN's 2023 Excellence in Benefits winners

Employee Benefit News

Get to know the HR leaders, tech innovators and benefit advisers who went above and beyond in 2023 to support employees and clients.

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Hard Skills? Definition & Examples for Your Resume

BetterUp

Jump to section The definition of hard skills 5 valuable types of hard skills Best hard skills to put on a resume for in-demand jobs Hard skills are an easy sell

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Kellogg implements domestic abuse policy

Employee Benefits

Food business Kellogg has introduced a new domestic abuse policy, which includes an array of workplace support for impacted employees. The organisation, which employs more than 1,360 staff at its Manchester head office and Trafford and Wrexham factories, now offers an additional 10 days of paid leave, access to a free 24-hour confidential counselling service, flexible working arrangements and financial help for an initial legal support meeting.

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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.