Sat.Apr 01, 2023 - Fri.Apr 07, 2023

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9 ways your benefits administration partner should be supporting you

WEX Inc.

With 42% of HR teams struggling to keep up with the numerous challenges of their job , actions should be taken to avoid HR burnout. Outsourcing your benefits with an administrator you can trust is a smart way to lighten HR workloads and set yourself up for success. If your current ben admin partner is failing to meet expectations, now is the time to consider switching ben admin providers.

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4 Retirement Plan Features You Need to Consider

Patriot Software

Offering a retirement plan comes with a host of benefits, including generous 401(k) tax credits, while also serving as a potent tool for recruiting and retaining top talent. There are also unique benefits that come from integrating your 401(k) plan with your payroll provider.

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Money Savvy Kids: How Plan Sponsors Can Help Build Financial Capability for Families

International Foundation of Employee Benefit Plans

April is National Financial Capability Month in the U.S., which represents an opportunity for employers and plan sponsors to help their employees and plan participants boost their money skills. One audience, however, that employers may not typically consider for financial education is […] The post Money Savvy Kids: How Plan Sponsors Can Help Build Financial Capability for Families appeared first on Word on Benefits.

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What is a spot bonus?

PeopleKeep

When you have exceptional employees, you want to reward them for their hard work. A promotion or bump in salary isn't your only option to show appreciation. You can recognize an employee's extra effort or specific accomplishments with a spot bonus. Unlike annual bonuses, spot bonuses are given "on the spot" to reward an employee for a particular action or behavior.

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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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Majority want shorter implementation timeline for free childcare

Employee Benefits

Employee Benefits poll: Almost nine in 10 (89.7%) Employee Benefits readers feel the government should have aimed for a shorter implementation timeline for the free childcare initiative introduced during this year’s Spring Budget. A total of 6.1% said that they did not think the government should have aimed for a shorter implementation timeline, whereas 4.2% were unsure.

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Bereavement Leave: What It Is and How It Works

BetterUp

When a loved one passes away, it puts emotional and mental stress on those left behind. The death of an employee’s family member often also brings logistical, financial, and administrative tasks. In addition to dealing with the reality of the loss, many people will suddenly find themselves in the position of executor, planner, and often mediator.

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Returning to the office – So what exactly is ‘normal’?

TLNT

Last week, a spat about the veracity of government data between a prominent HR academic and the Bureau of Labor and made unexpected news.

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How to Choose the Best Fit Global Employer of Record (EOR)?

HR Lineup

In today’s global economy, companies are expanding their businesses across borders, opening new markets, and exploring new territories. As a result, global workforce management has become an essential aspect of every organization’s success. One of the primary challenges that companies face is navigating the complex landscape of international employment law, regulations, and compliance requirements.

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Highlights From a Conference on Retirement Savings

Money Talk

At the 2022 Retirement Summit sponsored by the Employee Benefit Research Institute (EBRI), there were four main topics: improving individuals’ access to retirement savings plans, reducing plan leakage (i.e., when workers take a pre-retirement distribution), helping people spend down their assets in retirement, and improving investment outcomes for American workers within the retirement system.

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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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15 Ways to Improve Your Focus and Concentration Skills

BetterUp

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The future of employment is shaped by AI

Employee Benefit News

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Trust in Action: Building a Reliable Workplace from the Ground Up

HR Digest

Workplace trust is a vital aspect of any successful organization. Without it, employees may feel disconnected from their peers, their superiors, and the organization as a whole. Building trust in the workplace is not only essential for creating a positive work environment but also for achieving organizational goals and building workplace integrity.

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Northwestern University’s Alternative Explanations Not Strong Enough To Defeat ERISA Excessive Fee Claims

Proskauer's Employee Benefits & Executive Compensa

On remand from the U.S. Supreme Court, the Seventh Circuit issued its opinion in Hughes v. Northwestern University , concluding that participants in two Northwestern 403(b) plans plausibly pled fiduciary-breach claims based on allegations of excessive recordkeeping and investment management fees, but dismissed their claim that too many investment options caused them “decision paralysis.

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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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Why ‘quiet hiring’ is the secret to boosting productivity and retaining staff

TLNT

Organizational structures have traditionally focused on empowering employees to work exclusively in their specialist role – but this may no longer be the smartest approach for organizations that want to maximize their capacity and boost productivity.

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3 ways to revamp benefits communications

Employee Benefit News

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Cracking the Harassment Code: Strategies for a Safe Workplace

HR Digest

Workplace harassment is a serious issue that affects millions of workers worldwide. It can take many forms, including verbal abuse, physical assault, intimidation, and discrimination based on race, gender, sexual orientation, or disability. Not only does harassment create a hostile and toxic work environment , but it can also have serious psychological and physical effects on the victim.

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Benefits on offer at Atradius

Employee Benefits

Pension and group risk Trust-based defined contribution pension with 12% employer, 3% employee minimum contributions. Additional voluntary contributions. Group income protection benefit that pays 75% up to state retirement age. Life assurance at 10-times salary. Healthcare and wellbeing Private medical insurance (PMI), subsidised for all employees. Employees pay £30 per month for individual cover and up to £80 per month for family.

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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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Where people get stuck in analytics

TLNT

For all the success people analytics has had – the reality is that this technology is still…well, rather rather disappointing.

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Debt stress is impacting retirement savings, and mental health

Employee Benefit News

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Talk the Talk: The Importance of Effective Communication in HR Strategy

HR Digest

Effective communication skills are a critical aspect of human resources (HR) management. HR professionals must communicate with employees, managers, and other stakeholders regularly to ensure that everyone is informed, engaged, and aligned with the organization’s goals and values. In this article, we will explore why effective workplace communication is essential in HR and provide tips on how to communicate effectively in the workplace.

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Employee offboarding strategy: Saying farewell the right way

Insperity

Your company probably has an onboarding strategy and orientation process for new hires. But what about when employees leave your company – whether it’s a voluntary resignation, layoff or termination? Does your company have an offboarding strategy as well? You should. Especially with The Great Resignation lingering and the potential for widespread layoffs associated with an economic recession , being prepared with an offboarding strategy is critical.

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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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Taking executive teams from passive-aggressiveness to accountability

TLNT

In an ideal world, executive teams would role model all the best behaviors they want every other leader in their organization to demonstrate.

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The 4 expenses retirees most underestimate, and how advisers can help

Employee Benefit News

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Positive Vibes Only: Strategies that Foster Employee Happiness and Success

HR Digest

In today’s competitive job market, creating a positive employee experience is essential for attracting and retaining top talent. A positive workplace experience goes beyond salary and benefits and encompasses the overall culture, work environment, and employee engagement. In this article, we will discuss strategies for creating a positive workplace culture that can help increase productivity, reduce turnover, and improve employee wellness and morale.

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The top 3 health benefit options for small businesses with one employee

PeopleKeep

There are 31 million 1 entrepreneurs in the U.S. While it can be exciting to start your own business, be your own boss, and do what you love, it can be challenging. One challenge you may face is attracting and retaining key employees. Once you have your first hire in place, it’s critical that you build a compensation package that includes a meaningful health benefit your employee will appreciate.

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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.