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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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Businesses Often Have No Recourse After Costly Software Outages

InterWest Insurance Services

Lately there’s been a series of massive cyberattacks on software that organizations use to run their businesses, causing major disruptions to companies — and sometimes hamstringing their ability to operate. The most recent example is the Crowdstrike cyber-security software outage that affected some 8.5 million businesses, most notably airlines, which had to cancel thousands of flights globally after their systems went down and they were unable to restart them.

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10 Tips on How to Motivate Employees and Grow Together with Them

HR Digest

Knowing how to motivate employees is an invaluable tool in your arsenal. Employees who are enthusiastic about their jobs are more likely to be productive and creative with their roles. Employee motivation strategies can be very comprehensive, but they don’t have to be complicated. Employees have one obvious reason to keep working—to earn a living for themselves and their families.

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Navigating HSA and FSA compliance: Key FAQs and common misconceptions

WEX Inc.

As we enter another season of open enrollment , one crucial topic is top of mind for many employees: HSA and FSA compliance. Health savings accounts (HSAs) and flexible spending accounts (FSAs) are often misunderstood, despite their significant financial advantages. It’s time to clarify the ins and outs of these tax-saving healthcare accounts and answer some HSA and FSA FAQs.

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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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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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Reminder: Employers with 10 or More Staff Must File ACA Forms Online

InterWest Insurance Services

With 2025 just a few months away, it’s important that small employers understand their group health insurance reporting obligations under the Affordable Care Act as they changed at the start of 2024. Before 2024, only employers that sent out 250 or more Forms 1094-B/1095-B and 1094-C/1095-C were required to file them online with the IRS. But since early 2024 (and affecting the 2023 tax year), employers filing 10 or more ACA reporting forms have been required to file electronically.

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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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Lying By Omission: What It Is And How It Destroys Trust

BetterUp

Jump to section What is lying by omission? Lying by omission examples Why lying by omission destroys trust How to stop lying by omission Is lying by omission manipulative?

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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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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.