Sat.Nov 19, 2022 - Fri.Nov 25, 2022

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6 types of employee rewards and how to use them

Achievers

What motivates you? Ask 100 employees, and you’ll get 100 unique answers. Maybe it’s the prospect of working on something they’re passionate about. It might be an organizational culture that makes them feel like they really belong. And some simply keep striving for a steady paycheck with the promise of raises, bonuses, and other financial incentives.

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How to engage staff with a total reward offering

Employee Benefits

To engage employees with a reward package , it needs to be clearly communicated, easy to understand and impactful in order to show its true value. The increasing use of personal devices to access benefits means that digital methods are often more effective. Factoring reward package reviews into formal milestones, such as six-month reviews or probation periods, can improve engagement and employees’ awareness of what is on offer.

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HR 101: Laid off? Here's how to manage your 401(k)

Employee Benefit News

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Paul Kelly: The importance of gender pay gap reporting for businesses

Employee Benefits

The government’s latest pay gap report, HMRC gender pay gap report 2021 , which was published on 27 January 2022, revealed that in 2021, women earned 90 pence for every £1 earned by a man. Following this, there is increasing pressure for employers not just to report the numbers but instead understand the reason for the gap. The gender pay gap is the difference between average male and female pay within individual organisations and across the UK as a whole, this is normally expressed as a percent

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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.

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Two-thirds of female-dominated professions have a gender pay gap

cipHR

Most popular occupations in the UK – including those with a high proportion of women in the workforce – have a pay gap that favours men, according to new analysis. HR systems provider Ciphr reviewed the latest gender pay gap estimates from the Office for National Statistics (ONS) to identify which female-dominated occupations (with workforces of 50,000 or more) have the widest and narrowest gender pay gaps in 2022.

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Why Don’t Men Use EAPs?

International Foundation of Employee Benefit Plans

Recommendations on improving EAP use by men. The post Why Don’t Men Use EAPs? appeared first on Word on Benefits.

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6 ways to ensure women have workplace flexibility

Employee Benefit News

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Striking a balance between protecting mental health and prioritizing productivity

Employee Benefits

Author: Jennifer Gendron- Global Chief Commercial Officer at Koa Health – Employee Mental Health and Wellbeing Solutions. As businesses become more aware of the explicit and implicit demands of their workforce–employee mental health has become a company priority. The World Health Organization reports that an estimated 12 billion working days [1] are lost annually due to depression and anxiety, costing companies $1 trillion worldwide.

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My Ten Key Take-Aways From the 2022 AFCPE Symposium

Money Talk

Attendees at the same professional conference have different take aways depending on their lifestyle, job responsibilities, subject matter knowledge/skill set, and other personal characteristics. We all filter new information through these lenses. When information comes at a “teachable moment,” interest in, and attention to, a presentation dramatically increases.

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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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Employee personnel files — what should and shouldn’t be included

Business Management Daily

As any human resources professional will attest, managing every employee’s employment life cycle involves a good deal of paperwork. Knowing what to keep and the location of each document is vital to easy retrieval and to maintaining compliance with government and industry regulations. Setting up employee personnel files is an important part of the recordkeeping process.

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How to Build Right Workplace Culture for Remote Employees

HR Digest

What makes a great virtual team? If you’re asking that, chances are you’re not getting the answer you want. Building the right workplace culture for remote employees can be a challenge. A lot of people think the secret to building a great remote team is to put people together and hope for the best. It’s true that some teams do better than others, but it’s not always clear why.

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ERISA Fee Complaint Dismissed in Pennsylvania District Court, Extending Favorable Trend

Proskauer's Employee Benefits & Executive Compensa

In Krutchen v. Ricoh USA , No. 22-cv-678, 2022 U.S. Dist. LEXIS 206792 (E.D. Pa. Nov. 15, 2022), a Pennsylvania district court dismissed an ERISA excessive fee complaint for failing to provide enough information about alleged comparator plans that allegedly paid less for recordkeeping services. The decision is notable for delivering defendants a victory in the Third Circuit, which previously allowed excessive recordkeeping claims to survive dismissal in Sweda v.

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Harrods security guards strike in pay dispute

Employee Benefits

Credit: I Wei Huang / Shutterstock.com. More than 50 uniformed security guards and CCTV operators employed by luxury department store Harrods have commenced strike action over a pay dispute , starting at 12pm today (Friday 25 November). The employees, who decided on strike action following a one-year 7% pay offer, also warned of demonstrations outside the store’s Knightsbridge entrance on 26 and 27 November and 3, 4, 10, 11, 17, 18, 23, 24 and 26 December.

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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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HR and IT departments will have to work together to recruit and retain talent

Employee Benefit News

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7 Signs You Are an Empathic Leader

HR Digest

Empathy is a must-have for any leader who wishes to excel in their leadership role. Anybody can fall under this category and have this skill within them. However, there are some tips and tricks of an empathic leader if you wish to be one. In this article, we explain what empathetic leadership looks like and some of the tips and tricks of an empathic leader.

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EU approves major funding increase for new circular economy and clean energy projects

Workplace Insight

The European Commission has approved more than €380 million of funding for 168 new projects across Europe as part of its LIFE Programme for the environment and climate action. As part of the European Green Deal, it believes that the projects funded can help the EU become climate-neutral by 2050 and reach climate, energy and environmental goals. They aim to support biodiversity, nature restoration and a circular economy while contributing to the clean energy transition across the continent.

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West Midlands Metro staff accept up to 20.1% pay deal

Employee Benefits

Credit: Alex Daniels / Shutterstock.com. Crew members employed by West Midlands Metro have called off strike action after accepting an improved pay offer. Under the pay deal, existing tram crew with 12 months or longer of service will receive a 20.1% pay increase by April 2023, with 15% of it backdated to June 2022. New tram crew will see their wages rise by 13.7% by April 2023 and all other grades will receive a 10.5% pay increase.

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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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Only 30% of workers say their employer respects holiday PTO

Employee Benefit News

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Costlier Reinsurance Is Feeding into Higher Commercial Policy Rates

InterWest Insurance Services

Commercial insurance companies are raising rates in most of their lines to account for increasing claims as well as the cost of claims, but another factor is forcing them to increase their rates further: reinsurance. When insurance companies underwrite policies, they will often not retain all of the risk. They will purchase reinsurance, which kicks in when claims reach what is considered a “catastrophic level.” These global reinsurance giants have seen their profits erode substantial

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IN Magazine Supplement: internal communications for hybrid working cultures

Workplace Insight

One of the many important talking points of The Great Workplace Conversation and the widespread adoption of hybrid working over the past three years has been how we talk about change. Whenever anybody refers to people ‘returning to work’, they can expect to be corrected by somebody else pointing out that most people never stopped working during the various lockdowns.

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Mitie introduces £10 million staff support package

Employee Benefits

Facilities management and professional services business Mitie has launched a £10 million winter support package to help its workforce with the rising costs of living. The employer stated that it is focusing its support on those who need it most, with 40,000 of its lowest-paid employees set to benefit. As of this month, Mitie has launched a new £1,000 bikes-for-work scheme.

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Why (and How) to Switch to a New HR & Payroll Platform

Speaker: Speakers:

HR and payroll impact every aspect of your business. Choosing the right provider is one of the most important decisions you’ll make. Before you decide, hear first-hand customer accounts in Paycor’s webinar to learn: The three most important things to look for when switching. How to begin your search. What are some of the red flags?

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A new alliance of Fortune 500 execs and HR leaders will advocate for caregiver support

Employee Benefit News

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The Impact of a 4-Day Work Week

HR Digest

The trend surrounding a 4-day work week is increasingly becoming popular with many organizations and countries currently on the reduced work week trials. The need to create a work environment that can boost employee productivity and also lead to business success has led many organizations to give this strategy a shot. While no one saw the need for a four-day workweek in previous years, it’s hard to deny that many organizations need it now more than ever.

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The ethics of AI, liveable cities, unf*cking work and how the office needs to be more like your home…

Workplace Insight

IN13 is in production but you can see the digital edition of issue 12 of IN Magazine here. It continues to explore the most up to date topics for workplace managers and executives. Including: a look at the reality of liveable cities; why offices now need to offer people more privacy, peace and quiet; how firms need to address the challenges of the circular economy; a case study from the dynamic city of Ljubljana; David Sharp on the ethics of AI; Chelsea Perino on hybrid working; a critical revie

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Brambles engages and motivates employees with holistic approach to benefits

Employee Benefits

During what have been turbulent times for many, Brambles has ensured that it engages and motivates employees through its benefits proposition, while also fully supporting all areas of wellbeing. Recognising the strain that working through the pandemic has had on some employees, Brambles continuously informs staff about their benefits so that they fully understand their value and how they can help in their daily lives.

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Transform Employee Wellbeing and Control Costs Through Data-Driven Strategies

In today's dynamic business environment, HR leaders face immense pressure to optimize costs while maintaining a competitive edge to attract, retain and engage their workforce. Gallagher can help you meet that challenge head-on. Our proprietary data and people analytics platform, Gallagher Drive ® , provides the elevated insights you need to make impactful program decisions that are aligned with your organizational goals and set your strategy up for long-term success.