BetterUp
MAY 26, 2022
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?
InterWest Insurance Services
MAY 23, 2022
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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HR Bartender
MAY 24, 2022
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!
HR Digest
MAY 21, 2022
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.
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.
15Five
MAY 23, 2022
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. .
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
International Foundation of Employee Benefit Plans
MAY 24, 2022
When asked how The Great Resignation of 2021 affected their organizations, one in three respondents indicated it is “somewhat or very difficult” to retain good talent (According to this Bamboo. Read more > The post Countering the Great Resignation Through Education appeared first on Word on Benefits.
HR Digest
MAY 22, 2022
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.
Insperity
MAY 24, 2022
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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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.
15Five
MAY 26, 2022
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. .
Business Management Daily
MAY 25, 2022
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.
McNees
MAY 25, 2022
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.
McDermott Will & Emery Employee Benefits
MAY 26, 2022
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 […].
Advertiser: Paycor
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.
PeopleKeep
MAY 26, 2022
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?
Flimp Communications
MAY 24, 2022
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.
HR Professionals Magazine
MAY 24, 2022
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.
McDermott Will & Emery Employee Benefits
MAY 24, 2022
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 […].
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.
Business Management Daily
MAY 24, 2022
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.
PeopleKeep
MAY 25, 2022
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.
Wellable
MAY 25, 2022
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.
BerniePortal
MAY 25, 2022
With a record-breaking number of employees resigning from their jobs during the Great Resignation , job seekers hold more power than ever to negotiate before accepting an offer. While salary remains important, many employees are also looking for work flexibility when considering a new opportunity. According to a recent Topia survey of 1,481 full-time office workers, 96% of employees feel that flexibility in working arrangements is important when seeking a new job.
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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
HR Professionals Magazine
MAY 27, 2022
The post Greater Memphis Employee Benefits Council May Meeting appeared first on HRProfessionalsMagazine.
PeopleKeep
MAY 25, 2022
Being a health insurance broker involves juggling many important tasks on behalf of your client. One of these crucial tasks is ensuring your client complies with state and federal regulations by staying up to date on tax deadlines and filing timely reports. Missing a deadline can be a serious matter. You could risk incurring penalties for your client, not to mention damaging your reputation as a broker and spending significant time getting your client back into compliance.
Wellable
MAY 23, 2022
Over the past few years, conversations regarding employee well-being have reached an all-time high. Employees’ wellness expectations have risen significantly, and many companies are? increasing investments in wellness solutions to meet their needs.
HR Digest
MAY 26, 2022
Employment trends for 2022 are very diverse and include many aspects. From hybrid work to more awareness about mental health, employment trends 2022 are very important for both employees and employers. In this article, we describe some of the latest trends in companies across the world. A talent marketplace platform will evolve . When you need a worker to perform some task, you usually need to search for the people who are skilled enough to do the task properly.
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Managing ACA compliance is a major headache, especially in industries with complex schedules and regulations. Errors can lead to fines, legal battles, and strained employee relationships. Ways to Avoid Penalties & Fines: Non-compliance with Hours of Service (HOS) or misclassifying employees can lead to fines and legal issues. We offer tools to avoid these penalties and ensure regulatory alignment.
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