Employee Benefits

MAY 29, 2023

Employee benefits are an important aspect of any job, but can be overlooked when thinking about changing roles. Depending on those on offer, benefits can be just as valuable as a pay rise , and in some cases, even more valuable. It is quite natural for us to focus on salary. After all, we all need to make a living. However, benefits are an important aspect of any offering from an organisation, as good benefits can provide security, flexibility, and peace of mind, contributing to a more positive

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HR Digest

MAY 25, 2023

The deeply embedded generational norms and cultural taboo of sharing salaries are being eroded as a new wave of pay transparency rules inundated America’s workplace problems. At the beginning of 2023, Washington, New York, and California joined Colorado’s leaders in preparing for salary transparency for most open jobs. This article discerns the contours of workplace problems and equity challenges that have long been shrouded in the garb of pay.

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InterWest Insurance Services

MAY 11, 2023

American workers are more stressed than ever coming out of the pandemic, and an increasing number of people are also struggling with mental health issues. Sadly, the number of people dying from drugs, alcohol and suicide hit record levels in 2022. When someone is battling addiction or has mental health issues, it affects all aspects of their life, including work.

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Employee Benefits

MAY 31, 2023

What are group dental plans? Dental plans are a type of insurance or cash plan that specifically cater for oral health, helping staff afford regular dentist visits for preventative and routine care, such as accident and emergency cover, crowns, implants and fillings, as well as larger issues such as treatment for oral cancer. Dental cover can either be provided in the form of traditional insurance, where staff can make a claim for the diagnosis and treatment of conditions that develop after taki

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Advertiser: Paycor

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

Management

Employee Benefits

MAY 10, 2023

Communicating the value of group risk products and the areas in which they protect staff is key. Group risk schemes often offer added services that can further support staff. Early intervention can increase return-to-work rates following a long-term health issue , so it is key to communicate who staff can contact and when. Group risk benefits can help employees deal with many conditions, but employers should consider how best to promote them in order to support those with long-term health issues

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APA Congress Today

MAY 17, 2023

PayrollOrg (PAYO) and Wisely® by ADP joined forces during the 41st Annual Payroll Congress to provide payroll professionals with payroll education packages.

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Employee Benefits

MAY 3, 2023

Launched in 2010 as the first new high street bank in more than 100 years, Metro Bank now employs nearly 4,500 people across the UK. To show its support for employees going through separation, it signed up to the Positive Parenting Alliance’s HR Initiative when it was launched in January 2023. Khushboo Patel, head of engagement and inclusion at Metro Bank, says: “Our colleagues are at the heart of what we do and we want them to feel supported whatever they are going through in their lives.

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HR Digest

MAY 4, 2023

Remote work has been a growing trend for several years, but the COVID-19 pandemic accelerated this trend significantly. The sudden shift to remote work forced many companies to adapt quickly to a new way of working, and the results have been mixed. Some companies have found that remote work can be highly effective, while others have struggled with the challenges of managing remote teams.

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Proskauer's Employee Benefits & Executive Compensa

MAY 26, 2023

In Central States v. Wingra , No. 21-cv-3684, 2023 WL 199360 (N.D. Ill. Jan. 17, 2023), the district court held that an employer expelled from a multiemployer pension plan may not owe withdrawal liability because the permanent cessation of the employer’s obligation to contribute was not voluntary. While the court subsequently limited the decision as being for discovery purposes only ( see Central States v.

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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

Retirement Plan

Money Talk

MAY 31, 2023

As I noted in a previous post , I periodically summarize notes taken from various webinars that I think might be useful to others. Below are seven information tidbits that caught my eye: Defensive Investing- Financial markets were volatile in 2022 and, for a while, “there was no (good) place to hide.” Stocks and cryptocurrencies experienced big drops in value, bond prices decreased when interest rates rose, and cash assets were eroded by high inflation.

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Employee Benefit News

MAY 12, 2023

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Business Management Daily

MAY 3, 2023

Poor communication in the workplace can happen at any and every level. Regardless of whether it involves top brass or a brand-new hire, the result is often an undesirable mess. But what does poor communication look like? Many people might explain it differently, yet we typically recognize it when we see it. In order to improve communication , it’s necessary to understand what poor communication skills look like and their negative impact on the workplace.

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Genesis HR Solutions

MAY 10, 2023

We’ve talked about the importance of an employee handbook from our perspective, but we thought it would be interesting to hear directly from CEOs, business owners, and HR managers about how employee handbooks have made a difference at their companies. Check out their perspectives below—you’ll likely find something that surprises you! Unfortunately, most employers don’t have a handbook that thoroughly addresses the processes and activities of their employees.

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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

MAY 10, 2023

Recruitment firm Gi Group offers group risk products to support its employees experiencing a range of health conditions that affect both their mental and physical health. The group, which employs more than 650 members of staff, offers life assurance at four times employees’ basic salary from day one of employment, critical illness insurance, a health cash plan and private medical insurance, through which employees can access a 24/7 GP.

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Insperity

MAY 30, 2023

From time to time, you may need to reorganize your teams, bringing in new members from a different part of your organization or even externally. To work cohesively and collaboratively, the people involved will have to first learn each other’s personalities and work styles. The change you’re making, whether planned or unplanned, is necessary.

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Money Talk

MAY 11, 2023

I recently attended three webinars related to retirement planning. One discussed required minimum distribution (RMD) rules, the second, retirement planning in general, and the third, the FIRE ( F inancial I ndependence, R etire E arly) movement. Below are eight key take-aways from these programs: Simple RMD Description - The IRS wants their cut of your retirement savings that they have been waiting to take for decades.

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Employee Benefit News

MAY 22, 2023

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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

Employee Wellness

BetterUp

MAY 25, 2023

Feeling like all you do is work? You’re not alone. Several statistics show that more than 60 percent of U.S. employees feel like their work-life balance is out of whack. But how do you balance your work-life with so much work happening at home? And how do you balance your workload to be more efficient? Is it more than just hitting a weekly yoga class ?

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TLNT

MAY 4, 2023

The missing piece in HR metrics: Employee career growth

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15Five

MAY 31, 2023

We are excited to announce that 15Five has won a prestigious Talent Management HR Tech award from Lighthouse Research & Advisory. For over ten years now, the Lighthouse team has been serving HR, talent, and learning professionals with practical research and advice. The purpose of this award program is to help buyers and employers understand some of the best companies in the industry for technology selection needs.

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Employee Benefits

MAY 16, 2023

Need to know: Employees are set to struggle with juggling work and childcare as the annual school summer holidays approach. Employers can help by offering flexible work arrangements, discounted leisure and dining vouchers, and signposting staff to government support. Employers that can be seen to help will benefit from more productive and motivated staff.

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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.

IT

Money Talk

MAY 24, 2023

I recently attended a virtual conference sponsored by FERMA , which included dozens of sessions about topics of interest to personal finance educators and researchers. Below is a summary of new and/or useful information that caught my attention: Fast Fashion - Key characteristics are short production and distribution lead times, highly fashionable product design through continuous trend spotting, and a sense of urgency and scarcity so consumers make frequent purchases.

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Employee Benefit News

MAY 4, 2023

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Best Money Moves

MAY 9, 2023

3 ways to help boost women’s financial literacy and wellbeing. Female employees face disproportionate financial hurdles. Here are 3 ways to help boost women’s financial literacy and wellbeing. Money stresses out most people. Women, however, worry about money more than men. In fact, women have lower levels of financial literacy and wellness compared to men, according to a TIAA report.

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Proskauer's Employee Benefits & Executive Compensa

MAY 4, 2023

A third district court has dismissed with prejudice a complaint alleging that defendants breached their fiduciary duties under ERISA by offering 401(k) plan participants the option to invest in BlackRock LifePath Index Target Date Funds (the “Funds”). Beldock v. Microsoft , Case No. 22-cv-1082 (W.D. Wash. Apr. 24, 2023). Although the outcome of the court’s ruling here is consistent with earlier decisions, the rationale underlying the Beldock decision arguably goes further than in prior rulings

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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.

Technology