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?

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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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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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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.

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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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What my weight loss journey taught me about how healthcare works

Employee Benefit News

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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 117
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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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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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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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When COVID is no longer a public health emergency, what happens to healthcare?

Employee Benefit News

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46 Amazing Recipes For Thanksgiving Potluck In Office

Vantage Circle

The first image that comes to mind when we think of Thanksgiving is of a delicious, comforting, and (sometimes) extravagant feast. A full table laden with several courses of delicious delicacies with the turkey at its center. For a holiday centered around food, what better way to celebrate this day than by hosting a Thanksgiving potluck at the workplace?

Food 105
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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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The top 10 most-read articles between 4 – 10 November 2022

Employee Benefits

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.

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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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Millennials and Gen Z want more than a 401(k) for retirement savings. They want crypto

Employee Benefit News

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Combat Working in Silos with Microsoft Teams and Vantage Rewards

Vantage Circle

In the wake of the Covid-19 Pandemic, technology came into play to connect people caught indoors. The Covid-19 pandemic has altered the way we live, think, and socialize with one another. Classrooms became silent, and offices turned into abandoned workplaces. People began relying on technology for work, education, communication, and sustaining relationships with loved ones.

Health 104
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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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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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How Americans could save $83 billion with one tweak to the 401(k) system

Employee Benefit News

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State Moves to Ban Sale of Non-Electric Big Rigs, Semis in 2040

InterWest Insurance Services

Under a new proposal by the California Air Resources Board, all new big rigs and other large trucks sold in the Golden State will have to be zero-emission vehicles, starting in 2040. The proposed rule would bar manufacturers from selling medium- and heavy-duty trucks that run on diesel or gasoline in California, and instead sell only electric trucks.

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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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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.