Sat.May 21, 2022 - Fri.May 27, 2022

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Compensation and Benefits: Why the Right Pay and Perks Matter

BetterUp

Jump to section. What are compensation and benefits in the workplace? Why are compensation and benefits important? What are the key components of compensation and benefits? Sample compensation and benefits package. How can you maintain compensation fairness? How to calculate compensation and benefits. How do compensation and benefits ensure the success of a business?

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Year-Long Benefits Education Yields Happier Employees

InterWest Insurance Services

While most organizations ramp up their benefits communications about a month before open enrollment starts, the efforts often drop off at the start of the year. That’s a shame because many employees are woefully unaware of how their benefits function and are often not taking full advantage of what their employer and they are paying for. Employees that don’t understand their benefits fully may end up paying out of pocket for services that are covered.

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Strategic Compliance: Wage Garnishment Risk Avoidance

HR Bartender

Estimated reading time: 6 minutes. (Editor’s Note: Today’s article is brought to you by our friends at ADP , a comprehensive global provider of cloud-based human capital management solutions. Industry analyst firm Nelson Hall recently identified ADP as a leader in both the small and medium business as well as mid to large market segments. Congrats to them!

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7 Amazing Employee Wellness Ideas to Boost Morale

HR Digest

Find out what employee wellness ideas you can implement to ensure your employees have a safer, productive return to work. Employee wellbeing isn’t a new concept, but it has taken on a whole new meaning since the Covid-19 pandemic. Employee wellness initiatives are now higher up on the agenda — particularly mental well-being activities and programs — as more employers closely scrutinize how effectively they look after their employees.

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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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How Transformational Retreats Can Transform Your Business

15Five

In May of 2022, we held our eighth annual all company retreat in Venice, Italy. These retreats are purpose driven events designed to bring every employee together, re-align them around our company mission and OKRs, and to allow for vulnerable connections in a beautiful setting away from office walls. This was without a doubt the best retreat that we have ever created. .

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Is your leadership on the defense? 8 strategies to build trust in the workplace

Insperity

If misunderstandings and interpersonal issues are fuel to the fire that is conflict in the workplace, what can be used to put out the flame? Or what could have been done to prevent the fire in the first place? Before answering those questions, ask: How did the fire begin? Typically, these type of relationship fires begin because of one missing element: trust.

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Financial Wellness Programs That Keep Employees’ Paychecks in Check

HR Digest

1. What is financial wellness in the workplace? 2. How can financial wellness programs help employees? 3. What are the best financial wellness activities? Financial wellness programs can help ensure that your employees are more productive and efficient at work. These kinds of programs are designed to provide more job stability and savings options. Employees are more stressed about their finances in a post-COVID world, and they require reassurance regarding benefits and financial possibilities.

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Mental Health in the Workplace: Why Support Is So Important

BetterUp

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The 5 Biggest Compensation Strategy Challenges for HR Leaders

15Five

With today’s competitive talent market compounded by economic factors like high inflation, people leaders face tremendous pressure to create a competitive compensation strategy. Most employees want more from work than just a paycheck — they want community, purpose, career growth, and professional development. They also want fairness and equity, both in the way they’re treated and how they’re compensated. .

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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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Employee value proposition: A key ingredient to gaining and retaining top talent

Insperity

Do you aspire to position your organization as an employer of choice ? While there are many steps to building that reputation over time, one accessible strategy that you can implement almost immediately is to establish an employee value proposition (EVP). In this article you’ll learn: What is an employee value proposition (EVP)? How does an EVP help position you as an employer of choice?

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Don’t overlook the value of positivity as a leadership skill

Business Management Daily

A positive mindset is typically seen as a desirable trait in the workforce across all professionals and job levels, but it’s often overlooked as a leadership skill. Positivity can help leaders create a better work environment, build stronger business relationships, and navigate the often tumultuous business landscape with an optimistic outlook. A positive outlook can also have internal benefits for leaders such as managing stress and avoiding burnout.

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Two Neighboring States Recently Joined a Growing Movement to Provide Paid Family Leave

McNees

Maryland and Delaware recently joined the growing list of states that have enacted legislation requiring employers to offer paid family and medical leave. Both states are still working on implementing regulations for the new laws; but, in the meantime, below is a brief summary of what you need to know about these laws and when they will take effect.

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45 Great Quotes From Black Leaders Throughout History

Vantage Circle

Imagine the resilience and power that a person would have even when after facing prejudice and hate their whole lives, they managed to be successful. That is why whenever we hear any quotes from black leaders, we stand up and take notice because that wisdom is priceless. The definition of a leader is arbitrary. For me, a leader is anyone who has inspired others to lead their life in a better way.

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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.

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OSHA Announces Plan to ‘Expand Its Presence’ in Certain Healthcare Facilities Treating COVID-19 Patients

McDermott Will & Emery Employee Benefits

Between March 9, 2022, and June 9, 2022, the US Occupational Safety and Health Administration (OSHA) will “expand its presence” in hospitals and skilled nursing facilities that treat COVID-19 patients and that were previously cited or issued Hazard Alert Letters for alleged COVID-19 violations. OSHA’s stated purpose is to “target[] high-hazard healthcare facilities” to “verify […].

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Veterinary clinic employee benefits | PeopleKeep

PeopleKeep

As a local veterinary clinic, it can be challenging to attract and retain employees in a tight labor market. Providing employee benefits to your staff is an excellent way to improve retention. However, many traditional employee benefits options can be too expensive or complex for vet clinics to administer. So, how do veterinarians provide quality employee benefits to their staff without breaking the bank or taking on too much work?

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Open Enrollment Report 2021-22: Industry Benchmarks, Best Practices, and Tips for Better Results

Flimp Communications

We studied over 200 open enrollment campaigns to help you understand how you stack up against others in your industry and how to improve your results this year. The post Open Enrollment Report 2021-22: Industry Benchmarks, Best Practices, and Tips for Better Results appeared first on Flimp.

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Avoiding Engulfment Hazards in Agricultural Industry

InterWest Insurance Services

Engulfment risks are some of the most overlooked hazards in agricultural operations. The most common types of engulfment hazards are in grain silos, where a worker can quickly become trapped and buried by a sudden flow of grain. But there are also a number of engulfment hazards besides grain silos. Workers can also be engulfed by soil, manure or gravel, or submerged in a liquid such as water, wine or fertilizer.

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Where You Can and Absolutely Cannot Cut Costs Corners in Benefits Administration

Managing benefits administration is costly, and cutting corners in the wrong places can lead to disengaged workforces and the risk of non-compliance. This eBook from Selerix highlights areas where you can save without compromising the value of benefits. Proactively Thinking: Make decisions for the long run. Discover ways to be proactive in your decision-making to save money in the future, not just temporarily.

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ERISA Litigation: What Have We Learned?

McDermott Will & Emery Employee Benefits

Earlier this spring, McDermott Partner Erin Turley delivered a presentation about the impacts of recent Employee Retirement Income Security Act of 1974 (ERISA) litigation. Lawsuits now target both large and small employee benefit plans; plan sponsors are being sued and dragged into complex and lengthy litigation, thus changing the basic economics of the provision of […].

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Rolling the Dice on Crypto in Retirement Plan

HR Professionals Magazine

By Jim Trujillo. As a team of 401(k) advisors focused on participant outcomes, we are constantly fielding financial related questions from employees seeking advice. Lately, one of the main questions asked has been “what do you think about cryptocurrency?”. My typical response is to hit them back with a reverse uno card and say, “tell me what you think about cryptocurrency,” because if you’re asking that question, you probably already have some thoughts.

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The most successful change management principles and initiatives

Business Management Daily

In today’s constantly evolving business landscape, no company will last long without being adept at implementing change. Whether it’s a massive organization-wide transformation or a simple tweak to an HR policy — all change efforts require a clear vision, constant communication, and buy-in from every department. For example, the COVID-19 pandemic made change necessary for thousands of companies nearly overnight.

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Spiking Materials Costs Imperil Apartment, Commercial Projects

InterWest Insurance Services

Construction firms are reeling from snowballing costs of building materials due to spiking demand and supply chain snarls that are resulting in massive budget cost overruns. This is especially affecting construction businesses that are managing apartment or commercial projects. These cost overruns are imperiling profits — and risking red ink — on the projects after the contractors won carefully constructed bids.

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4 HR Priorities for 2025 to Supercharge Your Employee Experience

Speaker: Carolyn Clark and Miriam Connaughton

Forget predictions, let’s focus on priorities for the year and explore how to supercharge your employee experience. Join Miriam Connaughton and Carolyn Clark as they discuss key HR trends for 2025—and how to turn them into actionable strategies for your organization. In this dynamic webinar, our esteemed speakers will share expert insights and practical tips to help your employee experience adapt and thrive.

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How to start a student loan repayment program | PeopleKeep

PeopleKeep

With the number of job openings at its highest level in U.S. history amid a nationwide labor shortage, employers are looking for ways to get an edge over their competitors. Many organizations are exploring unique employee benefits programs and increasing compensation packages to attract and retain top talent. Offering your employees student loan repayment benefits can be an attractive way to recruit job seekers.

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Can Flexible Work Decrease Organizational Joy?

Wellable

Technological advancements and shifting attitudes towards work have resulted in a sustained emphasis on flexibility, even as the risks that sparked the rise of remote work continue to wane. For example, according to the New York Times, 78% of businesses in Manhattan are adopting a hybrid model.

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What is Volunteer Time Off (VTO) and How to Use it?

HR Lineup

Including leave policies in workers’ compensation is one of the strategies to retain and attract top talent. One of the elements included in the leave package is volunteer time off (VTO), which has become an effective way for companies to encourage their employees to reach out to others in society. Note that VTO has many benefits not only for employees but businesses. .

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Companies Bleed Data as Employees Move It Offsite

InterWest Insurance Services

The more employees are working from home, the greater the risk that their employers’ sensitive date is also being stored on their poorly secured devices and laptops. A new study by Symantec Corp. found many employees are sharing, moving and exposing sensitive company data as part of carrying out the requirements of their jobs, and they may not realize they could be compromising the information or that what they are doing is wrong.

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HR’s Blueprint for a Successful 2025

The HR industry is changing. Did you know… 1. There will be 4M more jobs than workers by 2033 ( BLS ). 2. For 84% of workers, flexibility is a top priority ( FlexJobs ). 3. 75% of employees have used AI at work ( CFO.com ). It’s time to meet the moment! Use Paycor’s guide to design a blueprint for success.