Sat.Nov 05, 2022 - Fri.Nov 11, 2022

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A quarter of staff have had cost of living help from their employer

Employee Benefits

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.

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Pros and cons of earned wage access (EWA)

PeopleKeep

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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25 Wonderful and Thoughtful Thanksgiving Gifts For Employees

Vantage Circle

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?

Food 90
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9 Reasons why you should revolutionise your 2023 employee reward & recognition strategy

Sodexo Engage

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.

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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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6 Tips for a Pain-Free Open Enrollment

CorpStrat

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.

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Four Steps for Evaluating Your Plan’s Diabetes Coverage

International Foundation of Employee Benefit Plans

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.

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3 Financial Struggles Faced by Black and Latinx Gen Zers — And How Companies Can Help

Best Money Moves

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.

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Tom Moyes: The importance of supporting and managing stress in the workplace

Employee Benefits

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.

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Roth IRA Q&A

Money Talk

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.

Taxes 188
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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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Why Is Work Satisfaction Important in Every Workplace

HR Digest

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.

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Is your employee quiet quitting? Here’s your action plan

Insperity

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.

PTO 115
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Royal National Institute of Blind People offers workforce financial education

Employee Benefits

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

Education 111
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What Hustle Culture Is And 5 Ways to Prevent It

BetterUp

We’ve all heard about hustle culture. It’s a notion embedded deeply into our societal and professional norms. In fact, it’s been romanticized as something we know as the American Dream. This idea is that anyone anywhere can reach their goals if only for one thing: they hustle and work hard to achieve them. But we also know there are some real problems with burnout and stress.

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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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Why Emotional Intelligence Is the Path to Effective Leadership

HR Digest

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.

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Problems at Twitter, grease proof chairs, and the trouble with AI

Workplace Insight

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.

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PWC launches discount scheme and virtual financial wellbeing support

Employee Benefits

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.

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The Digital Employee Experience (DEX): 6 Virtual Retention Tactics

BetterUp

With the increase in remote and hybrid work, a digital employee experience is more important than ever. Technology has enabled employees to work from kitchen islands, dining room tables, and corner coffee shops. Yet in order to attract and retain top talent, organizations need to invest in creating a positive digital experience (DEX).

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Reduce Bias in Hiring: Structured Interview Questions for Employers

Structured interview questions are a valuable tool for reducing bias in hiring. They help: Ensure all candidates are asked the same questions in the same way Level the playing field so all candidates have a fair chance of being successful Improve credibility, reliability, and validity Download the guide to get the most out of your interview questions!

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Don’t Freak Out About ‘Quiet Quitting’; Make It Work for You

Flimp Communications

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.

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Summing up where the office now stands in the scheme of things

Workplace Insight

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.

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Buyer’s guide to retail and discount voucher schemes

Employee Benefits

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.

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Building Influence Without Authority: 7 Tips

BetterUp

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.

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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.

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FSA vs. HSA: Which camp are you?

Benefit Resource Inc.

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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Disability pay gap rises despite greater awareness and efforts of campaigners

Workplace Insight

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.

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Fun For the Whole Family: More ACA Subsidies Apply

McDermott Will & Emery Employee Benefits

On October 11, 2022, the US Department of Treasury (Treasury) and the Internal Revenue Service (IRS) issued final regulations to modify how affordability under the Affordable Care Act (ACA) is determined for an offer of coverage to a family member by an employer-sponsored group health plan, effective for the tax year beginning after December 31, […].

Taxes 98
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Magistrate Recommends 180° Course Correction on Previously Denied Motions to Dismiss In ERISA Fee Litigation Cases

Proskauer's Employee Benefits & Executive Compensa

In a pair of report and recommendations issued the same day, a Magistrate Judge in Wisconsin recently recommended that the district court (i) grant motions for reconsideration of prior denials of motions to dismiss claims challenging defined contribution plans’ fees, and (ii) grant the motions to dismiss in their entirety. Underpinning the recommendations is the fact that after the motions to dismiss were denied, the Seventh Circuit decided Albert v.

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The Diversity Reckoning: Can HR Survive Without New Perspectives?

Speaker: Jeremy York

2024 has tested every organization, and 2025 promises no less - the warning signs are everywhere. If you’re relying on superficial approaches to diversity, you might find yourself scrambling to catch up. Thought diversity - the fuel for new ideas, fresh perspectives, and disruptive innovation - is more than a buzzword. It's a survival strategy. And if you’re not building it into your workplace culture right now , you’re heading for trouble.