4 benefits that make your compensation package competitive in 2024
Employee Benefit News
JUNE 25, 2024
Financial planning programs, expanded PTO and flexibility can attract and retain talent, according to this expert from ADP.
Employee Benefit News
JUNE 25, 2024
Financial planning programs, expanded PTO and flexibility can attract and retain talent, according to this expert from ADP.
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
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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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.
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.
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.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
3Sixty Insights
JUNE 25, 2024
Those Critical First Impressions – Recruitment and Onboarding The recruitment process is the first opportunity that candidate and employer have to size each other up; to see if they are a good fit and to get a sense of how they will work together in the future. Yet many businesses struggle to provide that all-important good first impression during their recruitment activities.
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.
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?
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.
Speaker: Kaitlin Ruby Carroll
Fertility benefits have become a crucial component of employee well-being and retention strategies. In today’s competitive landscape, creating a fertility benefits program that aligns with both employee needs and organizational goals can be more complex than it seems. From cycle-based to flat-dollar and telehealth models, each solution offers unique advantages and challenges that directly affect employee satisfaction and financial well-being.
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.
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?
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.
Best Money Moves
JUNE 25, 2024
Financial stress in 2024: Revealing insights about Americans and Money. Financial stress is still a major struggle for employees across all industries. Here are the top statistics updated for 2024. Once again, employee financial stress is on the rise as Americans grapple with higher prices, uneven wage growth and record-high credit card debt. Globally, extremely high inflation has pushed food, fuel and housing costs higher.
Advertiser: Paycor
Structured interview questions are a valuable tool for reducing bias in hiring. They help: Ensure all candidates are asked the same questions in the same way Level the playing field so all candidates have a fair chance of being successful Improve credibility, reliability, and validity Download the guide to get the most out of your interview questions!
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.
McDermott Will & Emery Employee Benefits
JUNE 26, 2024
On April 26, 2024, the Federal Trade Commission (FTC) issued a final rule to amend its Health Breach Notification Rule (HBN Rule). The HBN Rule works as a compliment and counterpart to the breach notification requirements established under the Health Insurance Portability and Accountability Act (HIPAA) for HIPAA-regulated entities. Specifically, the HBN Rule requires that […] The post FTC Amends Health Breach Notification Rule to Regulate Health Apps and Expand Breach Notification Requirem
Employee Benefits
JUNE 27, 2024
If you attended the EE Summit in May, you would have seen Pluxee UK’s CEO, Burcin Ressamoglu, and HR Business Partner, Tom Nash, present their keynote session, “Fueling Success: The Impact of Wellbeing on Employee Performance.” In this blog, Pluxee UK revisit some of their key insights and delves into the evolution of employee wellbeing, and how you can leverage a wellbeing strategy to drive success.
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?
Speaker: Jeremy York
2024 has tested every organization, and 2025 promises no less - the warning signs are everywhere. If you’re relying on superficial approaches to diversity, you might find yourself scrambling to catch up. Thought diversity - the fuel for new ideas, fresh perspectives, and disruptive innovation - is more than a buzzword. It's a survival strategy. And if you’re not building it into your workplace culture right now , you’re heading for trouble.
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.
McDermott Will & Emery Employee Benefits
JUNE 25, 2024
In December 2023, the National Association of Insurance Commissioners (NAIC) adopted a Model Bulletin on the Use of Artificial Intelligence (AI) Systems by Insurers. The model bulletin reminds insurance carriers that they must comply with all applicable insurance laws and regulations (e.g., prohibitions against unfair trade practices) when making decisions that impact consumers, including when […] The post State Regulators Address Insurers’ Use of AI: 11 States Adopt NAIC Model Bulletin ap
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.
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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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.
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.
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).
PeopleKeep
JUNE 27, 2024
With increasing healthcare costs , finding affordable health benefit options for your church staff can be a challenge. As a church leader working with a tight budget, you may be wondering if the qualified small employer health reimbursement arrangement (QSEHRA) is the right choice for your organization. Congress created the QSEHRA in 2016 as a way to help small businesses and nonprofits, including churches, offer affordable health coverage to their employees.
Employee Benefit News
JUNE 26, 2024
Bipartisan support is building for allowing working Americans to purchase an individual health policy with pretax dollars without requiring an employer's permission.
Speaker: Radhika Samant 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.
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.
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.
Business Management Daily
JUNE 25, 2024
Everyone gets sick sometimes. Therefore, it’s essential to have a sick leave policy in place to give your employees some time off when needed. Crafting detailed company policies is a significant task for business owners or human resources managers. There are plenty of legal considerations and workplace trends to keep up with that will inform how you should build or update your sick leave policy.
McDermott Will & Emery Employee Benefits
JUNE 27, 2024
A question in response to last week’s post on self-funding of employer group health plans assumed that stop-loss coverage under a level-funded plan could be provided under a group captive medical captive. However, it cannot (at least not without first obtaining a prohibited transaction exemption from the US Department of Labor (DOL)). While group medical […] The post It’s the Plan Assets, Stupid: Why Group Medical Stop-Loss Captives and Level-Funded Plans Don’t Mix appeared first on EMPLOY
Advertiser: Paycor
HR leaders drowning in paperwork struggle to meet C-suite's strategic expectations. Burnout and high turnover plague the field, with 95% feeling overwhelmed. This guide explores how the right tools can free HR from admin tasks and empower them to become the strategic leaders they’re meant to be.
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