Achievers
NOVEMBER 21, 2022
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.
Employee Benefits
NOVEMBER 21, 2022
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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Employee Benefits
NOVEMBER 23, 2022
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
Advertiser: Paycor
Get ready for the future of business. As HR navigates an ongoing labor shortage, leaders need stronger, more adaptable recruiting strategies. Do you have the tools you need to build a talent pipeline that drives sustainable business growth?
cipHR
NOVEMBER 22, 2022
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.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
International Foundation of Employee Benefit Plans
NOVEMBER 22, 2022
Recommendations on improving EAP use by men. The post Why Don’t Men Use EAPs? appeared first on Word on Benefits.
Employee Benefits
NOVEMBER 22, 2022
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.
HR Lineup
NOVEMBER 21, 2022
Managing a business, whether small, medium-sized, or large, can be challenging since you require the best resources to achieve its goals. You also need dedicated and motivated employees willing to go above and beyond to successfully complete assigned tasks. Unfortunately, most small or startup companies cannot meet their goals due to lack of in-house Human Resource teams that contribute to highly ineffective employee management and creating solid plans.
Speaker: Shawnequa Albert
As our workforce evolves, so must the way we support it. With more employees choosing to work beyond age 65, HR leaders are increasingly being called upon to guide aging employees through one of the most complex transitions in their professional lives - from employer sponsored plans to Group Medicare. Without clear guidance, confusion around eligibility, coverage options, and cost implications can lead to uncertainty and missed opportunities for optimized benefits.
Money Talk
NOVEMBER 22, 2022
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.
Employee Benefit News
NOVEMBER 21, 2022
Business Management Daily
NOVEMBER 21, 2022
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.
HR Digest
NOVEMBER 20, 2022
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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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.
Proskauer's Employee Benefits & Executive Compensa
NOVEMBER 23, 2022
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.
Employee Benefits
NOVEMBER 25, 2022
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.
HR Digest
NOVEMBER 20, 2022
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.
Speaker: Joana Ardelean, MSHRM, PHR, SHRM-CP, CC
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.
Vantage Circle
NOVEMBER 21, 2022
Not long ago, the concept of boomerang employees was a little out of the ordinary. Such workers were sometimes stigmatized, with the notion that they couldn't "make it" outside the safe haven of their former employer. Even the employers preferred not to rehire those who had freely quit their positions. But today, when employers scramble to fill recurring vacancies in their workforces, these so-called " boomerang employees " are finding a more accepting audience.
Employee Benefit News
NOVEMBER 23, 2022
Employee Benefits
NOVEMBER 23, 2022
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.
Insperity
NOVEMBER 22, 2022
Many leadership traits —for example, ambition, initiative, attention to detail, business acumen , creative problem solving and critical thinking skills —will always be desirable in business leaders regardless of internal or external conditions of the moment. No matter what, the people who possess these characteristics will be valuable to their organizations and the teams they lead.
Advertiser: Paycor
The right HR metrics can illuminate hidden trends, justify decisions to the C-suite, and give you an edge in this unpredictable economy. Download Paycor’s guide and learn how to calculate your: Cost-per-Hire Total Financial Impact of Absences Voluntary Turnover Rate And more!
Workplace Insight
NOVEMBER 24, 2022
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.
Employee Benefits
NOVEMBER 23, 2022
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.
InterWest Insurance Services
NOVEMBER 22, 2022
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
Speaker: Jennifer Hill
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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