Employee Benefit News
JULY 1, 2024
A shift in the types of companies prioritizing people practices signifies the universal embrace of retention to regain a competitive edge amid tightening labor markets.
Enjoy Benefits
JUNE 29, 2024
Did you know that boosting the amount you contribute to your pension pot throughout your working life could make you nearly £100,000 better off by the time you reach retirement? The Sunday Times recently quoted figures showing that if a 22-year-old today contributed 12% of their wages a year instead of 8%, they would be £95,350 better off at the age of 68.
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HR Bartender
JUNE 30, 2024
Estimated reading time: 3 minutes I was chatting with some human resources professionals recently and the subject shifted to artificial intelligence (AI). We started talking about the different things that we were using AI for like job description updates and revising company policies. Someone in the group mentioned that it was important to be curious with artificial intelligence and test the ways that AI can help us.
Money Talk
JULY 5, 2024
It’s that time again! Every quarter, I like to review and summarize my notes from recent webinars and classes. Below are some interesting tidbits that caught my attention from recent programs: IRMAA Medicare Premium Surcharges - About 8% of older adults pay income-related monthly adjustment amount (IRMAA), a higher premium paid by Medicare recipients with higher incomes.
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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.
PayrollOrg
JULY 3, 2024
A new Colorado law aims to regulate creators and users of certain artificial intelligence (AI) systems, including employers.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Employee Benefits
JULY 1, 2024
Credit: Shutterstock/ YesPhotographers Need to know: Employee share schemes can help organisations attract, retain and motivate staff. But these are not always as valued as they could be by employees. Effective communication is essential, including video, apps and presentations. In March this year, 9,200 Marks and Spencer staff who had been paying into a share scheme saw bumper payouts, as its four-year sharesave plan matured.
McDermott Will & Emery Employee Benefits
JULY 2, 2024
To adapt to the evolving healthcare landscape, health systems are seeking to identify alternatives to their traditional hospital-centric models and shift towards patient-centered care delivery. As a result, provider-sponsored health plans (PSHPs) are gaining traction as a potential framework for health systems to curate care delivery in the newly decentralized model of healthcare.
PayrollOrg
JULY 2, 2024
The failure to file deadline for employers to submit 2023 EEO-1 Component 1 data to the U.S. Equal Employment Opportunity Commission is July 9.
Workplace Insight
JULY 4, 2024
CIBSE has launched what it claims is a ground-breaking initiative titled Building Performance Reimagined [registration], a project aimed at transforming the landscape of building engineering and sustainability. Commissioned by CIBSE and researched by Arup, the Building Performance Reimagined project diverges from conventional engineering paradigms. Rather than focusing solely on system sizing, maintenance or controls, the initiative takes a holistic, future-oriented perspective on building perfo
Speaker: Debra Squyres and Todd Wuestenberg
Employee recognition has often been deemed a "feel-good" initiative, tied closely to rewards. While we understand its importance, we tend to associate recognition with intangible outcomes like engagement and sentiment, rather than direct impacts on retention and high performance. In today’s workplace, the true ROI of recognition lies in its ability to regenerate tangible, business-driven results.
Employee Benefits
JULY 4, 2024
By Kay Needle, Early Intervention and Rehabilitation Expert at Generali UK Employee Benefits Evolution in thinking about presenteeism – the fact that there are different types and not all are bad for people or business – could arguably be applied to absence management. Changes in working practices have ensured that absence is no longer black and white; absent or not absent.
Pacific Prime
JULY 3, 2024
Labor laws vary worldwide, but only a handful of countries prioritize worker well-being. Personal injury law firm Bisnar Chase surveyed 3,000 employees, asking them which international labor laws they wish they could adapt in their own countries. From Canada to Australia, 10 winning countries were picked for their inclusion of laws that addressed job security.
WEX Inc.
JULY 3, 2024
Across the vast stretches of America’s roads, truckers from all over can find fun and fascinating truck stops, each offering a blend of amenities, services, and cultural experiences unique to their region. From one coast to the other, these rest areas cater to weary travelers and long-haul truckers while showcasing American history and hospitality.
HR Digest
JUNE 30, 2024
We’re familiar with talking about all the work that goes into preparing for an interview, but the red flags displayed by the interviewer and employer rarely get discussed. An interview for a job role is commonly seen as the interviewer’s chance to assess the candidate, but it is equally important for a candidate to look out for warning signs in a job interview that signal what kind of workplace it is.
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Managing HR tasks like payroll, compliance, and employee data can overwhelm small businesses. That’s where a Human Capital Management (HCM) solution comes in. Our eBook, Why Every Small Business Needs an HCM Solution: A Comprehensive Guide , shows how an HCM system automates tedious processes, ensuring your business stays compliant and efficient. You’ll learn how to simplify payroll, eliminate costly errors, and empower your employees with self-service tools.
Employee Benefits
JULY 1, 2024
One-third (34%) of employers admitted that their staff are not aware of or do not understand the benefits they are offered, according to new research conducted by Group Risk Development (Grid). The industry body for the group risk sector surveyed 500 HR decision-makers at UK businesses and 1,210 employees, and found that only 44% of employees have a good understanding of the health and wellbeing benefits available to them.
Employee Benefit News
JULY 3, 2024
Employees share their favorite events and programs that help build culture, community and collaboration across organizations.
Florida Workers' Comp
JULY 2, 2024
I recently ran across an intriguing article that focused on the efficiency element of economics that is often overlooked. Efficiency is a critical element in markets and virtually all other economic exchanges. Having a product or a service is the first factor in any exchange, what do you bring to the equation? That question stumps and frustrates many a student.
International Foundation of Employee Benefit Plans
JULY 2, 2024
For many, retirement is seen as the final chapter of life—a culmination of years of hard work and savings. But what if retirement wasn’t an end but rather a beginning filled with new opportunities? Over the last decade, more research and innovative […] The post It’s Time to Retire the Concept of Retirement appeared first on Word on Benefits.
Speaker: Miriam Connaughton and Donald Knight
As organizations scale, keeping employees connected, engaged, and productive can seem like a monumental task. But what if AI could help you do all of this and more? AI has the power to help, but the key is implementing it in a way that enhances, rather than replaces, human connection. Join us for an exploration into how industry trailblazers are using AI to transform employee experience at scale while addressing both the potential and the pitfalls.
Qandle
JULY 3, 2024
In today’s fast-paced world, the banking sector is experiencing rapid technological advancements, and one area that’s seeing significant transformation is Human Resource Management Systems (HRMS). As banks aim to stay competitive and efficient, leveraging HRMS becomes crucial in managing their workforce effectively. This blog will explore how HRMS is revolutionizing the HR processes in the banking sector, highlighting its benefits, applications, and real-world examples.
Employee Benefit News
JULY 3, 2024
Do employees have the support they need to prevent health conditions like heart disease and diabetes?
Florida Workers' Comp
JUNE 30, 2024
In May 2024 an Atlanta area probate judge gained notoriety with a decision by the Georgia judicial discipline system recommending her removal from office. See She Must Go (May 2024). The judge faced as lengthy an array of allegations of wrongdoing as any I have experienced, and I have been watching judicial discipline for many years. It is persistently an interesting process to watch.
HR Lineup
JULY 3, 2024
In the competitive landscape of modern business, organizations are constantly seeking ways to gain an edge. One concept that has garnered significant attention is “talent density.” Coined by Netflix’s former Chief Talent Officer, Patty McCord, talent density refers to the concentration of high-performing individuals within an organization.
Speaker: Joe Sharpe and James Carlson
Payroll optimization can be one of the most time-consuming and complex factors of small business management. Yet, organizations that crack the code on streamlining employee compensation often discover innovative avenues for growth. With the right strategies in place, outsourcing and streamlining payroll processes can result in substantial time and resource savings.
Qandle
JULY 1, 2024
In today’s fast-paced business environment, organizations are constantly seeking ways to improve efficiency, streamline processes, and enhance productivity. One powerful solution that has revolutionized the modern workplace is the Office Automation System (OAS). This ultimate guide explores the concept, features, types, examples, benefits, challenges, implementation strategies, and future trends of office automation systems.
Employee Benefit News
JULY 1, 2024
Mental health management expands beyond wellness apps and therapists — here's how nature plays a role in your health.
InterWest Insurance Services
JULY 4, 2024
While the number of U.S. workers choosing high-deductible health plans has leveled off during the last two years, uptake has been growing rapidly among one segment of the working population: Gen Z employees. The 2024 “State of Employee Benefits Report ” by benefits administration provider Benefitfocus found that 45% of Gen Z workers and 43% of millennial workers surveyed were enrolled in HDHPs.
HR Lineup
JUNE 30, 2024
In today’s fast-paced work environment, performance goals have become essential in ensuring productivity, job satisfaction, and organizational success. This article explores what performance goals are, their types, benefits, and how to set them effectively. By understanding and implementing performance goals, both employees and employers can work towards achieving optimal performance and growth.
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