Employee Benefits
NOVEMBER 11, 2022
Just one-quarter (25%) of employees have received additional assistance from their employers to help manage the rising cost of living, outside of annual salary increases , according to HR services provider Randstad. The research, which surveyed 7,000 people across five markets, also revealed that 57% were not expecting any additional help in the next six months.
PeopleKeep
NOVEMBER 9, 2022
As the average American worker struggles to keep up with inflation, it can be challenging for them to wait for their regularly scheduled paycheck. One study 1 found that 50% of hourly employees had no emergency savings at all, and almost 80% had less than $500 saved. This is why some employers are now offering earned wage access (EWA) to help their employees meet their financial needs in the middle of a pay period.
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Vantage Circle
NOVEMBER 8, 2022
The holiday season is quickly approaching, bringing a sense of happiness and joy to all of our workplaces. However, these holidays bring some new responsibilities for HR professionals, such as finding the perfect Christmas gifts or Thanksgiving gifts for employees. This is where we step in and help you find the perfect corporate gift ideas. What is Thanksgiving, and Why is it Celebrated?
Sodexo Engage
NOVEMBER 10, 2022
Summary: Reimagine your 2023 reward and recognition strategy. Support financial wellbeing. Improve physical wellbeing. Prioritise mental wellbeing. 9 reasons for adopting change that will benefit your business. Reap the benefits in 2023 and beyond with Sodexo Engage. 9 Reasons why you should revolutionise your 2023 employee reward & recognition strategy.
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.
CorpStrat
NOVEMBER 10, 2022
Is there such a thing as a pain-free Open Enrollment? We think so. Many employers are under the impression that they have their Open Enrollment process down, but studies show that about 41% of employees feel the Open Enrollment process at their company is extremely confusing. Benefit renewal happens to occur during the busiest time of the year: the holidays.
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
NOVEMBER 10, 2022
November is National Diabetes Month. Since diabetes affects one in eight adults in the United States and is a major driver of health plan costs, it may be a good. Read more > The post Four Steps for Evaluating Your Plan’s Diabetes Coverage appeared first on Word on Benefits.
Best Money Moves
NOVEMBER 8, 2022
3 financial struggles faced by Black and Latinx Gen Zers — and how companies can help. The number of Gen Z employees entering the workforce is on the rise. Here’s how to address the unique challenges facing the Black and LatinX Gen Zers on your team. . By 2025, Gen Z employees will comprise nearly one-third of the total workforce, according to data from the World Economic Forum.
Employee Benefits
NOVEMBER 9, 2022
International Stress Awareness Week (7 – 11 November 2022) was founded in 2018 by the International Stress Management Association, and focuses on managing stress and running campaigns against the stigma associated with stress and mental health. Research published on 3 March 2022 by the London School of Economics and Political Science stated that work-related stress accounts for 50% of all work-related health issues and costs the British economy a minimum of £117.9 billion annually.
Money Talk
NOVEMBER 10, 2022
Roth IRAs are a popular investment for retirement savings. They are available to workers with earned income (i.e., salary, bonuses, or self-employment) under phaseout limits that are adjusted annually for inflation. Below are answers to nine commonly asked questions about Roth IRAs: What is a Roth IRA? A Roth IRA is a personal retirement account that lets people benefit from tax-free interest growth, providing they meet certain conditions.
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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.
Insperity
NOVEMBER 8, 2022
Quiet quitting is the popular new Great Resignation -era term for an employee who hasn’t quit (yet), but definitely exists on a spectrum of disengagement. As employees become increasingly fed up with some aspect of their job or company, they may withdraw from others and withhold discretionary effort, instead just doing the bare minimum to get by without attracting too much negative attention.
HR Digest
NOVEMBER 8, 2022
Research shows that if employees are happy at work, they’ll be more productive, more creative, and more likely to stay with their company for the long term. That’s because happiness at work is linked with job satisfaction, which leads to higher performance for both employees and employers alike. It’s a common fact that employee satisfaction at work is linked to business success.
Employee Benefits
NOVEMBER 9, 2022
Sight loss charity Royal National Institute of Blind People (RNIB) has provided access to financial education to its employees and others with sight loss. The charity partnered with global financial education benefit provider Nudge, which has made sure that its technology now complies with the web content accessibility guidelines. It has also been designed to be suitable for users with neurodiversity issues, compatible with a screen reader and accessible with a keyboard to ensure that it is suit
Employee Benefit News
NOVEMBER 10, 2022
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.
Workplace Insight
NOVEMBER 11, 2022
The level of layoffs at several Big Tech firms has been the main source of news and comment over the past week or two. Around 11,000 people at Facebook and another 7,500 at Twitter are to be made redundant. Elon Musk then ensured the conversation moved on by forbidding remote work completely. This is a blasphemous act in the era of wars for talent, great resignations and quiet quittings , and inevitably he has been roundly denounced for it.
HR Digest
NOVEMBER 6, 2022
The ability to manage your own emotions and the emotions of others is called emotional intelligence in leadership. Research shows that people with high emotional intelligence are more likely to be successful in their careers, and they are more likely to be seen as leaders in their organizations. People with this skill can identify, assess and manage their own emotions as well as the emotions of others effectively.
Employee Benefits
NOVEMBER 11, 2022
The top 10 most-read articles on www.employeebenefits.co.uk between 4 and 10 November 2022 were: Lloyds Bank offers employees minimum £2,000 pay rise. Boohoo gives shares to more than 1,100 employees. Laura Trott appointed minister for pensions. Princes Group gives staff one-off payment and 7% raise. EXCLUSIVE: AutoRek launches financial wellbeing tool for staff.
Employee Benefit News
NOVEMBER 7, 2022
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.
Workplace Insight
NOVEMBER 10, 2022
The argument about what it takes to encourage people to come into the office more often seems to have boiled down to an equation. It’s now common to hear somebody argue that the office has to be worth the commute it takes to get to it. So, if you want people to spend more time in the building, you need to do the maths. O must be greater than or equal to C.
BetterUp
NOVEMBER 7, 2022
Jump to section. Why cultivate influence without authority. The traits of an unofficial leader. How to influence without authority. Turning influence into actual authority. The risks of managing without authority. Be the change you want to see.
Employee Benefits
NOVEMBER 11, 2022
Professional services firm PricewaterhouseCoopers (PWC) has introduced a new shopping discounts portal for its 22,000 UK employees, as well as hosting virtual events to help support financial wellbeing. The portal, provided by Reward Gateway, replaces an older system and aims to give staff easier access to a wider range of discounts than was previously available.
Employee Benefit News
NOVEMBER 9, 2022
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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
Workplace Insight
NOVEMBER 9, 2022
Non-disabled employees now earn around 17.2 percent more on average than disabled workers in 2022, an increase from the 16.5 percent disability pay gap last year, according to analysis published by the Trades Union Congress (TUC). The research suggests that the disability pay gap for 2022 was £2.05 an hour, or £3,731 per year for those working a 35-hour week.
Flimp Communications
NOVEMBER 7, 2022
Quiet quitting exists. But it's not new, and it's not alone. Learn all about it, and how to combat it, in this quick primer guide. The post Don’t Freak Out About ‘Quiet Quitting’; Make It Work for You appeared first on Flimp.
Employee Benefits
NOVEMBER 7, 2022
What are retail and discount voucher schemes? Employee discount voucher schemes come in various forms, all of which aim to provide staff with savings on a range of purchases, from everyday shops to big-ticket items and the latest technology. There are three main types of scheme, which might fall under different names depending on the provider. First, an employer might choose to implement a reward and recognition scheme that counts as ‘free money’ for their staff.
Benefit Resource Inc.
NOVEMBER 7, 2022
For a long time, I believed you were either for Health Savings Accounts (HSAs) or you were for Flexible Spending Accounts (FSAs), but you couldn’t be for both. The very nature of HSAs prevented you from also participating in a General Medical FSA. Over time, I came to realize that HSAs and FSAs each had their place, if only you could understand when each made sense.
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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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