May, 2024

article thumbnail

These 3 benefits are wanted by all generations in the workforce

Employee Benefit News

Data from Forbes Advisor shows that while nuances exist, some core offerings appeal to every age group.

article thumbnail

Retirement Research Results and Recommendations

Money Talk

I recently reviewed notes that I took at recent presentations about retirement. Below are seven recommendations that stood out to me and might be helpful to Money Talk blog readers: Define Your New Self - People may retire after decades of work, but they do not retire from life. To prepare for this transition, make a point to define yourself by who you are rather than what you do.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Great Resignation has given way to The Big Stay, says the CIPD

Workplace Insight

The luxury belief that was the so-called Great Resignation, appears to be over, even if you assume it ever existed. Workers are increasingly staying put in their current jobs and more employers are holding steady on staffing levels as the labour market slows, according to the CIPD’s latest Labour Market Outlook report. The survey shows more than half (55 percent) of employers are looking to maintain their current staff level – the highest level since winter 2016/17.

article thumbnail

E-Verify: What Organizations Need to Know Today

HR Bartender

Estimated reading time: 5 minutes (Editor’s Note: Today’s article is brought to you by our friends at Poster Guard® Poster Compliance Service from HRdirect , the leading labor law poster service that gets your business up to date with all required federal, state, and local labor law postings, and then keeps it that way — for an entire year. Enjoy the article!

article thumbnail

The HR Leader’s Workforce Management Guide

In today’s fast-paced business world, effective workforce management (WFM) isn’t just an option—it’s a necessity.

article thumbnail

75% used workplace schemes to access healthcare services through insurance

Employee Benefits

Of the 1.8 million employees who accessed healthcare services through health or protection insurance in 2022, 1.3 million (75%) relied on workplace-provided schemes to do so, according to research by the Association of British Insurers (ABI). Its Growing demand – increased use of health and protection services in 2022 report also found that almost 600,000 (87%) of the 700,000 people included in the research who used virtual GPs in 2022 did so through their employer’s scheme.

More Trending

article thumbnail

Nike Layoffs Announcement to Affect 740 Employees by June 28

HR Digest

The Nike layoffs announcements from back in February will soon finish taking shape in June, as 740 employees from their World Headquarters in Oregon will be asked to leave. The company had announced a 2 percent reduction of the workforce, targeting a reduction of at least 1,600 employees over time. Nike’s layoffs within its workforce are part of a much larger cost-cutting strategy after their last annual report in December did not see profitable results to the degree the company had expected.

Retail 139
article thumbnail

Basics of Advance Directives

Money Talk

Advance directives are written instructions for actions to be taken in the future in case people become incapable of making decisions. They designate specific people (typically referred to as “agents” or “proxies”) to step in for the creator of an advance directive to make decisions that the creator wishes and to take the burden of decision-making off family members or other caregivers.

article thumbnail

When employees connect, their wellness improves

Employee Benefit News

Acts of kindness among coworkers can play a large role in a workforce's well-being.

article thumbnail

#HRTechChat: Ayden Hodgins of New Entity HCM

3Sixty Insights

AI is set to empower HR leaders and optimize time with functionalities like timekeeping and attendance. In our latest #HRTechChat, Dylan Teggart is joined by Ayden Hodgins of New Entity HCM to speak about the future of AI in HCM and how large language models will improve the future of work. Our #HRTechChat Series is also available as a podcast on the following platforms: Apple iTunes: [link] Spotify: [link] Stitcher: [link] SoundCloud: [link] YouTube: [link] iHeartRadio: [link] Google Podcast: [

Food 124
article thumbnail

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

article thumbnail

SSA to Hold Semi-Annual Meeting on June 13

PayrollOrg

Register by June 10 to attend the Social Security Administration’s (SSA) semi-annual meeting on June 13. This virtual meeting will be with the wage reporting community and the IRS.

118
118
article thumbnail

Electric arc furnaces could turn old concrete into zero-carbon cement

Workplace Insight

Concrete and steel production are major contributors to global CO2 emissions, but a new technology from Cambridge University offers a promising solution: recycling both materials simultaneously. This innovative process involves using old concrete in steel-processing furnaces to not only purify iron but also generate “reactivated cement” as a by-product.

article thumbnail

The Art of Conducting a Comprehensive Training Needs Analysis

HR Digest

In this comprehensive guide, we will delve into the intricacies of what training needs analysis is, and explore its various components, best practices, and the step-by-step approach to implementing it effectively. Whether you’re a seasoned HR professional or a business leader seeking to optimize your training programs, this article will provide you with the insights and strategies necessary to elevate your organization’s learning and development initiatives as you learn how to conduc

article thumbnail

Exit Mode Thinking and Lasts: Some Barbservations

Money Talk

“Exit mode” thinking is a psychological state where people disengage from responsibilities, relationships, and/or commitments that they will soon leave behind. It is particularly evident when people are about to move, change jobs, transition out of a role (e.g., empty nesters) or enter a new phase of life (e.g., “senioritis” and retirement) and can impact behavior and decision-making.

Finance 149
article thumbnail

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.

article thumbnail

Hospital price transparency data can be a game changer for self-funded employers

Employee Benefit News

Experts from Turquoise explain how employers can save 27% across 500 common healthcare services using the Hospital Price Transparency Rule.

article thumbnail

#HRTechChat: Lilith Christiansen on Unlocking Employee Potential Through Strategic Onboarding

3Sixty Insights

Lilith Christiansen is the founder and lead consultant with HumanGenuity and co-author of the best-selling book Success Onboarding. She focuses on programs and processes that help people thrive in organizations. In this HRTechChat, Lilith discusses her approach to successful onboarding, first impressions, employee experience, and manager enablement, while touching on how new technology can play a role in these.

article thumbnail

How can employers effectively deliver financial wellbeing support to a dispersed workforce?

Employee Benefits

Need to know: Financial wellbeing support must be accessible to all employees on demand regardless of their working location. Finding out what is needed can help shape support to a dispersed workforce. Support and communications that are useful to the majority of employees can avoid exclusion. In its State of financial wellbeing index 2024 report, published in May 2024, Wagestream found that half (54%) of the employees surveyed said financial concerns have caused their mental health to decline.

article thumbnail

Bringing workplaces back to their prime requires a holistic approach

Workplace Insight

The pandemic radically changed the way we work and kick-started the proliferation of the hybrid model and widespread remote work. Now the picture has shifted once more, with headlines pointing to increasing return to the office policies introduced by organisations, with greater productivity and collaboration among their top reasons for doing so. Dubbed the year of the ‘Great Office Return’ by Virgin Media 02 Business Movers Index , 2023 saw four in ten companies mandating a return to the five-da

Media 118
article thumbnail

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

article thumbnail

A Comparative Review of the Top 10 Applicant Tracking System for Small Businesses

Vantage Circle

Introduction In the competitive world of small business, finding the right talent quickly and efficiently is crucial. An Applicant Tracking System (ATS) can be a game-changer, simplifying and enhancing recruitment. However, with many options available, choosing the right ATS can be overwhelming. This blog provides a comparative overview of the top 10 ATS software for small businesses, helping you make an informed decision.

Software 111
article thumbnail

Expert Recommendations to Avoid Scams

Money Talk

It seems like scams are everywhere these days and they affect people of all ages. Below are eight expert recommendations to avoid being a victim of fraud: Get a Contract and Read It- Always have written contracts and review them carefully before signing them when engaging contractors or other service providers to perform work. Don’t leave any blank spaces and always keep a copy of any document that you are asked to sign.

Finance 138
article thumbnail

Office romances are on the rise among younger employees

Employee Benefit News

A employment and liability expert explains what's driving the uptick and romantic prospects and how to mitigate the risk.

article thumbnail

Guest Council Post: Decoding complexity and the pivotal role of Artificial Intelligence

3Sixty Insights

Complexity has traditionally been viewed as a negative disruption and a dominant rationale for why organizations do not achieve their strategic results. Simplification has been an overarching alternative theme and is often identified as the proposed solution for the organization but is this still the right choice given the advancements and potential as we engage with AI?

article thumbnail

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.

article thumbnail

Paternity leave for bereaved partners bill passed into law

Employee Benefits

The Paternity Leave (Bereavement) Act 2024 has been passed into law to give working fathers and non-birthing partners automatic rights to immediate paternity leave if the mother dies. The Act, which received Royal Assent on the last day of the current Parliament on Friday 24 May, ensures that bereaved fathers or non-birthing partners will automatically get the right to day-one paternity leave if the mother, or a person with whom a child is placed or expected to be placed for adoption, dies.

article thumbnail

People must take the lead on hybrid working to drive highest returns

Workplace Insight

A new report from workplace technology provider Eptura suggests that employee-led hybrid working models and connected technology drive the highest returns for businesses. According to its first half 2024 Workplace Index report [registration], companies with hybrid working models in which employees can choose when to come to the office are seeing the most benefit.

article thumbnail

Finalized Nursing Staff Standards Will Impact Most Long-Term Care Facilities

McDermott Will & Emery Employee Benefits

On April 22, 2024, the Centers for Medicare and Medicaid Services (CMS) released a final rule that will require long-term care facilities (LTCFs) to satisfy minimum nurse staffing standards with the goal of addressing patient quality of care and safety concerns. The final rule is anticipated to result in approximately 80% of LTCFs needing to […] The post Finalized Nursing Staff Standards Will Impact Most Long-Term Care Facilities appeared first on EMPLOYEE BENEFITS BLOG.

article thumbnail

How to offer supplemental dental insurance

PeopleKeep

Healthcare costs are high , with dental care expenses following suit. According to Authority Dental 1 , the average cost of a dental crown ranges from $800 to $2,500. While offering a primary dental policy can help employees cover these types of expenses, they may still have to pay a good portion of the bill. By offering supplemental dental insurance, you can help your employees save money on these costly procedures and maintain good oral health.

Insurance 105
article thumbnail

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.