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As we step into 2025, the corporate landscape is undergoing seismic shifts, driven by technological advancements, shifting employee expectations, and an increasingly globalized workforce. In this era of transformation, employee benefits have emerged as a strategic lever for attracting, retaining, and engaging top talent. Organizations that fail to adapt to these evolving trends risk being left behind in the race for the best and brightest.
Recent economic pressure has put financial wellness benefits in the spotlight. 2025 is a pivotal year for reassessing how employee wellness impacts organizational success. Stress has long been known to damage employee mental health, productivity and retention. This is especially true of financial stress. Employees grappling with financial anxiety may be more distracted and less engaged.
Join us for an engaging webinar featuring Heather Smith, Flimps Vice President and CPO, alongside HR and benefits leaders from Ken’s Foods, Agiliti Health, and Alegeus Technologies. Together, theyll explore strategies and success stories for driving employee engagement with wellness initiatives year-round. Strategies for Year-Round Employee Engagement with Wellness Offerings When: Wednesday, January 29, 2025 1:00 PM ET Where: Virtual Register via Zoom click here.
New research on employee stress has revealed useful insights to incorporate into your companys benefit program. EBRIs 2024 Workplace Wellness Survey interviewed over 1,500 American employees and uncovered surprising trends that could shape workplace wellness strategies in 2025 and beyond. Above all, employees hope to improve their financial lives to secure their future.
Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.
Employee turnover is a pressing challenge for organizations worldwide. Losing valuable team members not only disrupts operations but also incurs significant costs in terms of recruitment, training, and reduced productivity. In todays competitive market, retaining skilled employees has become crucial for sustained business growth. This is where an HRMS (Human Resource Management System) steps in as a powerful ally.
Diversity, Equity, and Inclusion (DE&I) are essential for building innovative, dynamic, and successful organizations. Leveraging AI for DE&I sourcing can help businesses overcome biases and expand access to diverse talent pools. This article explores actionable strategies for using AI to supercharge DE&I hiring efforts. Introduction to DE&I in Sourcing Organizations today are placing increasing emphasis on DE&I, recognizing that diverse teams enhance creativity, productivity,
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Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Diversity, Equity, and Inclusion (DE&I) are essential for building innovative, dynamic, and successful organizations. Leveraging AI for DE&I sourcing can help businesses overcome biases and expand access to diverse talent pools. This article explores actionable strategies for using AI to supercharge DE&I hiring efforts. Introduction to DE&I in Sourcing Organizations today are placing increasing emphasis on DE&I, recognizing that diverse teams enhance creativity, productivity,
Almost 60 percent of CEOs around the world expect global economic growth to increase over the next 12 months, according to PwCs 28th Annual Global CEO Survey, launched during today’s World Economic Forum Annual Meeting. The report, which surveyed 4,701 CEOs across 109 countries and territories, also finds that 42 percent of businesses expect to increase headcount by 5 percent or more in the next 12 months more than double the proportion who expect headcount decreases (17 percent), and up
Group Health Plan Trends for 2025 As health insurance costs continue to rise at an uncomfortable pace, employers in 2025 plan to shake up the status quo with their health care vendors, particularly those focused on reducing pharmacy spend, a main cost driver, according to a new report. To address spiraling costs, they will also focus on educating their staff about the importance of prevention and immunizations and guiding them to use specialized services that focus on managing chronic conditions
What if your benefits strategy could be more than just inclusive—what if it could actually bring your team closer together? In today’s evolving workplace, employees span a wide range of life stages, work arrangements, and cultural perspectives. That’s why offering one-size-fits-all benefits just doesn’t cut it anymore. It’s time to reimagine how we support our teams.
Managing human resources (HR) is an essential part of any organization. A streamlined HR process not only enhances employee satisfaction but also improves organizational efficiency. However, inefficiencies in HR processes can lead to frustration, increased costs, and missed opportunities. Identifying these inefficiencies is the first step toward building a more productive HR system.
International Foundation of Employee Benefit Plans
JANUARY 7, 2025
Understanding how government sponsored programs operate is essential to communicating benefits to all employees. Here is what you need to know regarding Employment Insurance benefits in 2025. The Employment Insurance (EI) program provides temporary income support to unemployed workers while they look […] The post Employment Insurance Benefits: What You Need to Know for 2025 appeared first on Word on Benefits.
As the workforce ages, retirement is becoming a more complex and emotionally significant transition. For many employees, retiring marks not only a change in benefits and income but also a shift in identity, community, and purpose. This webinar explores how HR professionals can support aging and retiring employees through a trauma-informed lens—one that recognizes the emotional and psychological dimensions of leaving the workforce.
Young people who began their careers around the start of the Covid-19 pandemic or soon after are being invited to share their experiences of the workplace, as part of an inquiry into the effects of hybrid working. To mark five years since the first lockdowns began globally, business standards and improvement company BSI is investigating the impact of the restrictions on younger workers, and how transformed ways of working have shaped subsequent career journeys.
Soaring court judgments and jury awards are pushing up the cost of commercial liability and umbrella insurance policies, particularly for businesses that have been sued before. There are a number of factors at play, including massive “nuclear” jury awards for tens of millions of dollars, private equity-backed lawsuits and a phenomenon known as “social inflation” when the costs of jury awards increase faster than the cost of living.
Payroll management is a crucial responsibility for any business. Paying workers on time is only one aspect of it. For companies of all sizes, adhering to labor rules, tax laws, and industry standards is a major challenge. There may be serious ramifications for breaking these regulatory requirements, such as heavy fines, penalties, and legal action. It might be difficult for companies with a large workforce to manually track and ensure compliance with these rules.
The way we hire is changing quickly with the help of AI and automation. These technologies are changing how companies hire by making the process faster, more efficient, and better for candidates, while also helping businesses find the best talent quickly. There are many AI tools revolutionizing recruitment. For instance, tools like text to voice generator enable businesses to create professional voice overs for job postings, onboarding materials, and training content.
ChatGPT is a powerful tool that can help you quickly brainstorm, draft, and refine tasks on your to-do list. But it can take a bit of strategy and practice to get generative AI to give you the time-saving results you’re looking for. Try these 14 detailed prompts to unlock the power of ChatGPT. You'll discover ways to streamline tasks for hiring, employee engagement, and performance management.
The U.S. Department of Labor has released its list of potential FUTA credit reduction states and territories for 2025. The official determination will be made after November 10, 2025.
Despite global pay transparency trends suggesting that it is an increasingly important consideration for candidates who are seeking a job, only 19% of U.S. companies surveyed by Mercer have a pay transparency strategy in place. Regulations around pay transparency have been slow to come but the open sharing of information on wages and salaries has slowly grown to become a central topic of discussion when it comes to hiring.
The metaverse is rapidly shifting from science fiction to business reality. Digital advancement has brought about a twist: businesses and professionals now face a curious test. Paying employees who work virtually can get complicated. Given the flexibility and autonomy they enjoy, traditional payment systems may not cut it. Building systems that rise to the challenge of serving them is no small feat.
The benefits landscape is shifting rapidly, and AI is at the center of this transformation. From optimizing health and wellness programs to predicting future benefits needs, AI is empowering HR and total rewards leaders to make smarter, more proactive decisions. The challenge? Understanding where AI fits in your strategy and how to leverage it effectively while keeping employee well-being at the forefront.
If you rely on the honor system for your companys benefits enrollment , you could be picking up the tab for ex-spouses, adult children, or others who are not eligible to be covered. On average, weve found that 3-5% of the dependents on an employer’s plan are deemed ineligible. A dependent eligibility audit can help you uncover any existing ineligible members.
Why commissions are a win-win Would you rather be paid by the hour or by how much work you get done? A commission-based pay structure is the dream for those of the latter persuasion. Commission plans are pay structures in which sales employees are rewarded based on their sales performance rather than paid outright. Some people do earn a base salary plus commission, but the main focus is to provide a per-sale return on each product that goes out the door.
Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.
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