Sat.Oct 05, 2024 - Fri.Oct 11, 2024

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Financial Planning for Longevity

Money Talk

Longevity risk is the possibility of living longer than expected and having adequate income/assets for an extended period of retirement. I recently attended a webinar that predicted future life expectancy will increase due to medical technology advances such as CRISPR (modifying DNA). The webinar also noted that many older adults no longer follow a linear lifeline (birth-school-work-retire-die) but, rather, a cyclical lifeline.

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Making Peace with Gen Z and their Quest for a Work-Life Balance

HR Digest

Leaving the restrictive shackles of hustle culture behind, Gen Z workers are choosing to take the time they need for their personal well-being, regardless of whether they have permission to do it. If there is one thing this generation of workers understands, it’s carving out their own approach to a problem. According to a recent survey on workplace culture, Gen Z workers are more likely to turn to the “quiet vacationing” trend and take some unofficial time off for their mental well-being c

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How to Use Benefits to Stand Out to Top Talent

Best Money Moves

How to use benefits to stand out to top talent. Companies need a competitive benefits package to attract and retain top talent. Here are the standout benefits your employees are looking for. Offering a good salary isn’t enough to attract cream of the crop employees — top talent want an employer that’s invested in their development and wellbeing, both professionally and personally.

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Insights into Major Global Organization Retention Rates

Achievers

Attrition rates are high, and engagement is low. Job seekers are prioritizing flexibility and job security after Covid-19 as companies are implementing engagement strategies to retain their workforce. In 2024, companies are facing increasing turnover as 59% of employees globally are “quiet quitting” , while 75% are considering leaving their jobs due to disengagement.

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Future-Proof Your Talent Pipeline

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?

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Social Security Wage Base Increases to $176,100 for 2025

PayrollOrg

On October 10, the Social Security Administration announced that the 2025 social security wage base will be $176,100, an increase of $7,500 from $168,600 in 2024.

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8 ways HR expertise helps facilitate business growth

Insperity

Change is an inevitable part of doing business. Among these changes that businesses undoubtedly will encounter at some point is the need to efficiently and quickly scale up. On one hand, this is a great position to be in. It usually means things are going well in that the market is favorable, your product or service is proven, customers are happy and demand is high!

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Emerging Leaders Feel Unprepared for Conflict Management

HR Digest

A conflict between two employees can feel like a minor hiccup at first, but you might blink and find your entire workforce suddenly polarized, having taken sides on which employee’s perspectives they support. In the midst of this chaos, the leader’s conflict management skills come into play, with all eyes on how they manage to diffuse the situation and help things die down.

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New Research Explores How Payroll Leaders Can Overcome the Complexity Crisis

PayrollOrg

Dayforce, in partnership with PayrollOrg, conducted the “Payroll Complexity Survey” to find out how the payroll complexity crisis is impacting today's payroll professionals.

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Creating the right environment for your working parents

Employee Benefit News

Knowing what matters to employees, along with the right benefits, go a long way in encouraging moms and dads to stay.

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Understanding Group Medicare for an Aging Workforce: Key Considerations for HR Leaders

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.

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Types of HR Operating Models

HR Lineup

Human Resources (HR) is the backbone of any successful organization, as it manages the most valuable asset of any business—its people. To efficiently and effectively serve an organization’s needs, HR departments must adopt operating models that are tailored to align with the company’s strategy, size, and workforce requirements. In this article, we will explore the different types of HR operating models, their advantages, disadvantages, and key considerations for choosing the right model for your

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Job Satisfaction Factors: Identifying the Right Benefits

PeopleKeep

Employees that are happy and engaged at work drive better business outcomes. In fact, according to a 2020 Gallup study, highly engaged teams see a 23% increase in profitability and an 18% increase in productivity compared to teams where engagement and job satisfaction are low. Based on these insights, you would think that employee job satisfaction should be a top priority for employers.

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Reactions to the UK’s new Employment Rights Bill

Workplace Insight

Details of the UK’s new Employment Rights Bill were released yesterday. The legislation represents what the government claims is a significant overhaul of workers’ rights, offering more protections and benefits and helping to promote practices like flexible working. Key elements of the bill include granting workers access to statutory sick pay and parental leave from the first day of employment, and introducing a ban on exploitative zero-hour contracts.

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Supporting trans employees includes helping them navigate their benefits

Employee Benefit News

Having inclusive policies can't help employees if they don't know how to take advantage of them.

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Ready to Save Time With AI? Try 14 ChatGPT Prompts for HR

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.

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10 Best Business Process Management (BPM) Software in 2024

HR Lineup

In today’s fast-paced business environment, efficiency and optimization are key to staying ahead of the competition. Business Process Management (BPM) software has become an indispensable tool for organizations looking to streamline operations, automate workflows, and enhance productivity. With numerous BPM tools available, choosing the right one can be challenging.

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Top Seven Questions Employers Are Asking About the Flu at Work

International Foundation of Employee Benefit Plans

With flu season upon us, employers are dealing with employee sickness and lost productivity. In addition to those issues, employers must also be ready to handle legal and policy questions about the flu at work. Here are the top seven questions employers […] The post Top Seven Questions Employers Are Asking About the Flu at Work appeared first on Word on Benefits.

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UK’s best workplaces honoured at BCO Awards. And the winner isn’t an office

Workplace Insight

The British Council for Offices (BCO) has announced what it says are the UK’s most exceptional workplaces this year, with eight projects receiving accolades at its National Awards. The TTP Campus, a life sciences facility in Cambridgeshire, was the standout winner, claiming both the Best of the Best and Corporate Workplace awards. The awards, held at the JW Marriott Grosvenor House in London, celebrate excellence in office design, operation, sustainability, and community engagement.

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Adobe, Uber and Google among top companies with best perks and benefits

Employee Benefit News

Beyond salary, the kind of support available at work is often a major driver when it comes to attracting and retaining talent.

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The Great Disruption: Leveraging AI To Better Your Benefits Strategy

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.

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Top 10 Employee Appreciation Messages

HR Lineup

In any business, employees are its greatest asset. Recognizing their hard work and dedication through employee appreciation messages can boost morale, increase productivity, and strengthen workplace relationships. Simple yet meaningful words of acknowledgment can go a long way in creating a positive workplace culture. In this article, we’ll explore the top 10 employee appreciation messages you can use to express gratitude, backed by the benefits of why employee recognition is essential for

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Recruitment Scheduling Best Practices: Ensuring a Smooth Interview Process

Hppy

Recruiting the right talent is one of the most important tasks for any company. A smooth and efficient interview process helps attract skilled candidates and creates a positive experience for both the applicants and the hiring team. One key part of this process is scheduling interviews. Ensuring the interviews happen on time and that everyone is available can make a big difference in the recruitment process.

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Over 57 and looking for work? Forget it, say HR managers

Workplace Insight

Millions of workers aged 57 and over in the UK are being overlooked for job opportunities, as employers increasingly consider this age ‘too old’ to hire, according to a new poll. The survey, conducted by Totaljobs , claims that a third of people over 50 worry they will struggle to find work due to age discrimination, with one in seven reporting being rejected for jobs because of their age.

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Beyond diversity: The science of inclusion and equity for business success

Employee Benefit News

Ongoing efforts to make the workplace a psychologically safe, supportive environment is key to the engagement of workers.

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10 HR Metrics for 2025: HR Data Toolkit

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!

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Offering a QSEHRA vs. Group Health Insurance

PeopleKeep

The traditional healthcare benefit options for employers remain group health insurance. But, group policies are difficult for small employers to offer. That’s why these business owners are turning to more cost-effective personalized benefits like the qualified small employer health reimbursement arrangement (QSEHRA). The introduction of the QSEHRA in 2016 gave small business owners access to an affordable and flexible health benefit.

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TGI Fridays’ Mass Closures Reports Mark the End of 1,000 Jobs

HR Digest

Over 2,500 jobs saved, but over a 1,000 jobs lost. TGI Friday mass closure reports suggest that despite the rescue deal, not all of the company’s restaurants will continue to remain functional. According to the data, TGI Fridays has seen 35 restaurant closures across the UK with the administration working with landlords to find a way to save the restaurants that were closed down.

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Office design goes to the movies

Workplace Insight

Following our recent attempts to create a rudimentary playlist of songs that tell us something, or perhaps nothing, about office design, office life and office furniture, here’s another look at how the parochial world of the workplace can brush up against popular culture. It does this unnoticed for most people, I suppose, but not for those of us bound up in this world.

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Expect the unexpected: How this company helps employees through hardship

Employee Benefit News

Banyan Software has started an employee resource fund to ease the stress when unpredictable life events strike.

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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

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.