Employee Benefit News

JUNE 25, 2024

Financial planning programs, expanded PTO and flexibility can attract and retain talent, according to this expert from ADP.

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Achievers

JUNE 27, 2024

Anyone who’s been part of a great company culture knows that it boosts productivity and wellness both on and off the job. And anyone who has experienced a toxic work culture knows that it leads to just the opposite: pervasive feelings of stress and disengagement that quickly lead to a search for other opportunities. If you’re concerned that your organizational culture is exhibiting signs of toxicity — and if you want to take steps to build a more positive culture that contributes to employee and

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HR Lineup

JUNE 26, 2024

In today’s globalized world, the concept of diversity has gained significant traction across various sectors, including the workplace. Team diversity, a crucial aspect of this broader dialogue, refers to the inclusion of individuals with varied backgrounds, perspectives, skills, and experiences within a team. This article delves into the multifaceted nature of team diversity, its components, benefits, challenges, and strategies for fostering an inclusive environment, highlighting why diver

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HR Bartender

JUNE 23, 2024

Estimated reading time: 4 minutes One of my first roles in HR involved technology. The company I worked for had their own proprietary human resources information system (HRIS). When system users (aka the HR team) had requests to change the system, they would send their suggestions / ideas to me. I would collect them and forward them to the technology department.

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Technology Human Resources Education Software 139

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Ready to boost employee happiness, improve inclusion, and make a positive impact on morale? From fostering cooperation and collaboration to promoting inclusivity and community impact, our checklist covers it all! Create the kind of workplace where employees feel valued, motivated, and invested in your success.

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Qandle

JUNE 26, 2024

Have you ever heard of the term “quiet quitting”? If not, you’re about to become familiar with a concept that’s increasingly relevant in today’s workplace. Quiet quitting refers to employees disengaging from their jobs without officially resigning. Instead of walking out the door, they mentally check out, doing the bare minimum required to stay employed.

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PayrollOrg

JUNE 24, 2024

Employers should check the FLSA salary levels for their exempt employees before July 1 to ensure they comply with the new thresholds.

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Employee Benefits

JUNE 24, 2024

Take part in our latest readers’ poll on a current topical issue. Earlier this month, Employee Benefits reported that 79% of employers provide an employee assistance programme (EAP), according to research by HCML. The rehabilitation and case management provider also found that only 27% of employees realise that an EAP exists in their workplace. In light of this, how high is your employee take-up of your employee assistance programme?

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Employee Benefits Employment Management 110

International Foundation of Employee Benefit Plans

JUNE 26, 2024

In June 2023, the labor force participation rate for women in their prime working age (ages 25-54 according to the data) reached an all-time high of 77.8%. Crafting benefits and a supportive work environment for women at every life stage can help create […] The post Spotlight On: Women’s Health in the Workplace appeared first on Word on Benefits.

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Qandle

JUNE 25, 2024

In the ever-evolving business milieu of today, organizations confront a central dilemma: retaining top-tier talent. The repercussions of employee turnover extend far beyond financial realms, touching upon productivity and workplace morale. A resilient talent retention strategy emerges as a cornerstone for organizations striving to allure, involve, and retain their high-caliber employees.

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Advertiser: Paycor

Employees want meaningful feedback. Without it, 98% disengage from their work (Zippia). But do your managers know how to support them? Use this Quick Start Guide to get the conversation started. Your workers don’t just want jobs; they want careers. Invest in your team by giving them meaningful feedback. 65% of employees want more feedback (Zippia). Workers who get daily feedback are 3x more engaged (Clear Company).

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Workplace Insight

JUNE 25, 2024

Undoubtedly, the remote work revolution is in full swing. But it’s messy. Kolekti’s new Save the Knowledge Worker report found a colossal 96 percent of workers desire some form of remote work, and one in three employees is willing to quit if forced to return to the office full-time. And yet, which business leader can say their organisation has perfected the strategy for remote work?

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Employee Benefits

JUNE 24, 2024

Three-fifths (59%) of employees ranked financial wellbeing as the area where they want the most support from their employer over the next three years, according to a new survey by Willis Towers Watson (WTW). The global advisory, broking and solutions firm surveyed 6,000 UK employees at medium and large private sector employers for its 2024 Global benefits attitudes survey.

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CorpStrat

JUNE 24, 2024

Are your Employee Benefits bundled with one of the big payroll companies like Paychex, Gusto, ADP, or Zenefits? If so, there’s a good chance you’re not getting the service you deserve. These giants often push businesses into rolling their employee benefits with them, banking on the fact that most people aren’t fully aware of what they need or deserve.

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HR Digest

JUNE 26, 2024

We’re now getting a closer look at how artificial intelligence is permeating into the workplace setting with news of Target’s generative AI endeavors to support store workers. Target’s AI chatbot, the Store Companion, is scheduled to benefit thousands of the company’s workers, arriving across 2,000 stores in the region by August. The chatbot is designed to help workers navigate their jobs more easily, allowing them to seek answers to questions about processes that are relevant to their work.

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Retail Technology Food Management 101

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It’s a never-ending tightrope act, trying to find the balance between creating benefits offerings that adapt to the uniqueness of your people, managing your own time and resources, and maintaining the organization’s bottom line. And the ever-changing policies and laws can make cultivating a competitive employee benefits strategy feel impossible. Whether you’re concerned about adapting to new pay transparency laws, managing global benefits packages, return-to-office mandates, or 401(k) and retire

401(k)

Workplace Insight

JUNE 26, 2024

Demand for flexible working options surged during the pandemic but has since become less important to people, according to ADP Research Institute’s People at Work 2024: A Global Workforce View [registration]. Overall, the survey of nearly 35,000 people in 18 countries suggests flexible working hours are important to 25 percent of workers, while 15 percent value flexible locations.

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Business Management Daily

JUNE 28, 2024

Hiring Teens for the Summer Summer is a popular time for businesses to hire teenagers for seasonal work. As many of these young workers may be taking on their first job, employers must remember some important payroll considerations. First-Job Jitters It’s natural for employers and young employees to experience some jitters regarding payroll. A clear understanding of the basics can help alleviate those concerns.

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International Foundation of Employee Benefit Plans

JUNE 26, 2024

New Survey Data Reveals Total Reported Annual Claim Representation for GLP-1 Drugs for Weight Loss Is Almost Ten Percent A new survey report from the International Foundation of Employee Benefit Plans reveals updated U.S. employer and plan sponsor coverage surrounding glucagon-like peptide-1 […] The post Multiemployer Plan and Public Employer Coverage of GLP-1 Drugs appeared first on Word on Benefits.

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Employment Employee Benefits Insurance Management 104

HR Digest

JUNE 22, 2024

As we debate the benefits of switching to a three-day or four-day workweek , Greece is adopting a six-day workweek to deal with the economic pressure that has been mounting in the country. Greece’s new workweek policy will allow employees to work six days a week with flexible working hours, opening up the option to work thirteen-hour days if they wish.

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Saving for retirement is no easy task, and as an employer we know you want to help your employees get what they need out of their retirement benefits. With a health savings account (HSA), you can relieve the burden of health care costs for both you and your employees. With our new report, “Using an HSA to Save for Health Care in Retirement,” you can get insights on the costs of a modern retirement and dive into the details of the triple-tax benefits HSAs offer.

Health Savings Account

HR Lineup

JUNE 24, 2024

Employee magnetism is an evolving concept in the realm of human resources and organizational development, referring to the ability of a company to attract, retain, and engage top talent. As the global workforce becomes increasingly competitive and dynamic, companies are realizing the critical importance of creating a magnetic environment that draws in high-caliber employees and keeps them invested in the organization’s success.

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BetterUp

JUNE 25, 2024

Stress is a part of our everyday lives, but not all stress is bad. While many people believe stress is always negative, the fact is, we need stress in our lives. We usually don’t brag about being stressed. In fact, many of us dream of living lives that are as “stress-free” as possible. But is that really a good goal?

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WEX Inc.

JUNE 25, 2024

The concept of work-life balance has become more than just a buzzword; it’s a necessity for employee satisfaction and retention. Employers are increasingly recognizing the importance of providing ample time off to their employees with more than 80% of U.S. employers planning to change their leave policies over the next two years. According to a recent study , 75% of employees who are dissatisfied with their current level of flexibility say they plan to seek a new job in the next year.

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Business Management Daily

JUNE 24, 2024

Funny co-workers keep things interesting at work and help to lighten the mood. We like them, but too many jokes and silly stories can become overwhelming (or awkward when they cross a line). So, what’s the right way to use humor in the office? For starters, being funny at work means understanding the right time and place for humor. It’s assessing your audience to know who can and can’t take a joke—knowing what’s appropriate for work and what isn’t.

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Speaker: Sean Raible

Picture a workplace where physiological safety is not just an aim but a reality, driven by thoughtful employee benefits that prioritize mental health, wellbeing, and DEI. 🤔 ✨ Achieving this vision requires more than just occasional training sessions and employee assistance programs. Moving beyond the basics, this vision calls for a holistic approach that integrates these elements into your company culture as well as your HR and benefits strategy.

Health

HR Lineup

JUNE 23, 2024

High-volume hiring, also known as mass hiring or bulk recruitment, refers to the process of hiring a large number of employees within a relatively short period. This approach is common in industries such as retail, hospitality, healthcare, and customer service, particularly during peak seasons, large-scale expansions, or when launching new projects.

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15Five

JUNE 28, 2024

Diversity is strength. Period. The numbers show that diverse teams perform better than their more homogeneous counterparts. But just like any other objective, there are right and wrong ways to build a workplace culture that promotes diversity. I’m Andrew Adeniyi , CEO of AAA Solutions and author of The Circle of Leadership: A Framework for Creating & Leveraging Culture.

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Florida Workers' Comp

JUNE 25, 2024

The topic of mental health has been newsworthy for several years. Worker health and wellness received coverage before the pandemic, but there has seemingly been an uptick since. Too often, the coverage is focused on protecting ourselves or our workforce. I have persistently warned my students regarding their professional aspirations. So many of them have their sites set on law school.

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Employee Benefits

JUNE 26, 2024

Credit: Delpixel / Shutterstock.com Employers should consider what sporting events would most engage their employees and plan initiatives around these. Workplace activities can boost camaraderie and, ultimately, engagement. Any initiatives should be as inclusive as possible for all employees, as well as voluntary. In its June 2024 survey, online entertainment site Betway found that 43% of England fans admitted they would miss work for the UEFA European Football Championship (Euros).

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Advertiser: Paycor

There’s a new overtime salary threshold that will impact employers across the country. If you have an employee making less than $43,888 on July 1 or less than $58,656 on January 1, you’re going to have to start paying overtime. Download Paycor’s guide to learn: Which groups of employees are affected? How should you classify employees? Best ways to mitigate risk.

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