Sat.Feb 04, 2023 - Fri.Feb 10, 2023

article thumbnail

Why HR Leaders Shouldn’t Fear Earned Wage Access

PayrollOrg

In these challenging times, struggling Americans have limited options to address short-term cash needs, and none are ideal. Here are some of the options consumers have with the status quo.

104
104
article thumbnail

Consolidation is key to achieving high engagement in health and wellness benefits

Employee Benefit News

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Fertility Benefits Rapidly Rising as Employers Look to Attract and Support Talent

International Foundation of Employee Benefit Plans

Fertility and family-forming benefits are top of mind for many organizations as they reevaluate benefit packages for the year ahead. Whether it’s to stay competitive in attracting and retaining key. Read more > The post <strong>Fertility Benefits Rapidly Rising as Employers Look to Attract and Support Talent</strong> appeared first on Word on Benefits.

article thumbnail

How to Create a Total Rewards Strategy in 2023 With Darwinbox x Compport

Darwinbox

One of the most fundamental and far-reaching touchpoints and potentially one of the most sensitive for employees is total rewards. However, reward design and implementation elements suffer from a lack digitization. This article explores how reward systems can be automated to create great efficiencies.

52
article thumbnail

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.

article thumbnail

EXCLUSIVE: 90% say flexible pay improves their finances

Employee Benefits

EXCLUSIVE: Nine in 10 (90%) employees reported that their financial situation is either stable or improved after switching to a flexible pay cycle, according to research from Wagestream. The financial wellbeing provider’s whitepaper ‘Unlocking the pay cycle’ was authored by its head of impact and inclusion Emily Trant, with advisory input from Resolution Foundation, Money and Pensions Service, Nest Insight, RideTandem and the University of California, Berkeley.

Finance 131

More Trending

article thumbnail

The gender inequality statistic you might not be tracking

Achievers

Despite a vocal gender equality movement active since the middle of the 20th century, women are still paid less and are less likely to reach senior leadership levels compared to their male counterparts. With International Women’s Day (March 8) approaching, many companies will be running programs and initiatives to highlight the women at their organization.

Education 167
article thumbnail

Steps To Detect and Prevent Expense Fraud

Darwinbox

Fraud from within the organization causes companies to lose 5% of their annual revenues, on average! This article discusses the importance of detecting and preventing expense fraud. It also discusses the various factors that may contribute to fraudulent behavior and how they may be prevented.

IT 98
article thumbnail

What is a lifestyle spending account?

PeopleKeep

Many employers are familiar with account-based benefits like health savings accounts (HSAs), flexible spending accounts (FSAs), and health reimbursement arrangements (HRAs). But some may not be as familiar with lifestyle spending accounts (LSAs), which are a relatively new benefit type.

article thumbnail

Centers of Excellence Save Money, but Have More Benefits Too

InterWest Insurance Services

As health insurance and health care costs continue rising, more employers and health plans are turning to centers of excellence to manage patients with chronic conditions. Centers of excellence are unique operations that focus on containing costs and delivering quality and coordinated care from diagnoses to treatment and recovery for patients with acute or chronic conditions.

article thumbnail

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!

article thumbnail

Current Events in Personal Finance

Money Talk

At a recent virtual conference for financial educators sponsored by Next Gen Personal Finance, ten current trends that are impacting the world of personal finance were discussed. Below is a brief summary of key take-aways: Online Gambling - An estimated 60% to 80% of high school students, mostly teenage boys, placed a bet during the past 12 months and 36 states now have online gambling.

Finance 245
article thumbnail

Employee Burnout in 2023: 3 Key Benefits to Help

Best Money Moves

Employee burnout in 2023: 3 key benefits to help. Help your employees fight back against burnout in 2023 with these 3 solutions. Burnout remains a persistent problem for today’s employees and can have significant consequences for health, mental well-being and performance. A recent Slack survey found that 43% of middle managers reported burnout in 2022.

Education 122
article thumbnail

Supporting everyday financial wellbeing in a changing economic climate

Employee Benefits

Employers are experiencing increasing demand from employees for salary rises because of the pressures on everyday financial wellbeing, such as the ever-rising cost of living , inflation and interest rates. Employers can offer their workforce support on how to save by utilising their workplace benefits , including discount schemes and budgeting tools.

Finance 118
article thumbnail

Ready for a career swap? 10 of the most-searched dream jobs

Employee Benefit News

article thumbnail

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.

article thumbnail

6 Ways To Enhance Coaching Culture In Your Organization

Vantage Circle

Company culture is an organization's soul, shaping its employees' values, beliefs, and behaviors. It sets the tone for how work gets done and affects everything from job satisfaction to overall success. Whether looking to improve your current workplace or searching for a company that aligns with your values, understanding and valuing company culture is key and coaching culture is a huge part of it.

article thumbnail

4 Surprising Ways Financial Stress Impacts Your Team

Best Money Moves

4 surprising ways financial stress impacts your team. Whether you know it or not, your team is struggling with financial stress. Here’s what you could be missing. Financial stress is on the rise among American workers and, whether you know it or not, your team is feeling the effects. The Thriving Wallet Survey , conducted by Discover and Thrive Global highlights startling financial health statistics and dives into the connection between workplace performance and employee mental health.

Finance 118
article thumbnail

The top 10 most-read articles between 3 – 9 February 2023

Employee Benefits

The top 10 most-read articles on www.employeebenefits.co.uk between 3 – 9 February 2023 were: Half of private sector pay awards will give at least 5% in 2023 J Murphy and UK Power Networks named best UK big employers for Q1 2023 EXCLUSIVE: 90% say flexible pay improves their finances Rolls-Royce reports 1.6% mean gender pay gap Delta Airlines gives all staff 5% pay rise Ryanair adds employee experience platform Crown Prosecution Service awards barristers 15% pay rise EXCLUSIVE: First hybr

Finance 105
article thumbnail

Bring your followers to work day: How TikTok influencers are changing the workplace

Employee Benefit News

article thumbnail

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.

article thumbnail

Four States, Virgin Islands May Face Increased FUTA Credit Reduction for 2023

PayrollOrg

The U.S. Department of Labor released its list of potential FUTA credit reduction states for 2023 and they are California, Connecticut, Illinois, New York, and the Virgin Islands. The determination will be made after November 10, 2023.

IT 104
article thumbnail

What is eligible under a Mass Transit Account?

Benefit Resource Inc.

If you live in a metropolitan area, there’s a good chance you take mass transit to or from work. If you use mass transit for work and you are enrolled in a pre-tax Commuter Benefits Plan (CBP) through your place of employment, you’ll want to be aware of what you can (and can’t) purchase with your CBP funds. For those of who you are new to CBPs, check out the starter FAQs below.

article thumbnail

Employees up North will see pay stretch furthest on date night this Valentine’s Day

Employee Benefits

Something for the weekend: For those looking to make their pay stretch further, or use their voluntary benefits to the best advantage this Valentine’s Day, Kingston upon Hull has been revealed to be the most affordable UK city for a date night, according to research by Financial World. Dates in Kingston upon Hull were found to cost an average total of £71.97.

article thumbnail

Helping employers invest in the metaverse will pay workplace dividends

Employee Benefit News

article thumbnail

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.

article thumbnail

Working mums feel forced to limit careers due to inflexible working practices

Workplace Insight

A new report claims that many working mums have felt forced to limit their careers as a result of their employer’s inflexible and outdated working policies and cultures. The Shift from Worker to Working Parent sponsored by WOMBA (Work, Me and the Baby) and carried out by Hult International Business School (Ashridge) interviewed working mums and dads who had recently taken extended parental leave about the experiences they faced as they transitioned to parenthood in an organisational context.

article thumbnail

The Cost-Benefits of Employee Wellness Programs

InterWest Insurance Services

The key to getting the biggest bang for your buck in your wellness program is to focus on a few tried and tested offerings that studies have found result in better health for employees and reductions in your overall health care insurance costs. If you use a scattershot approach, the returns may not be as great, and the cost of a wellness program correlates directly with the width and scope of services offered.

article thumbnail

Mexa Solutions goes beyond pay to support everyday financial wellbeing

Employee Benefits

IT recruitment consultancy Mexa Solutions, founded by brothers Simon and Bob Bath seven years ago, gave its team a 10% pay rise in October 2022 to mitigate the financial burdens they may be facing in the current uncertain times. The pay rise did not come with any stipulations about increased output or workloads for the workforce, which consists of a mixture of 11 recruitment consultants, delivery consultants and business support employees.

article thumbnail

Long story short: Are your healthcare benefits falling short?

Employee Benefit News

article thumbnail

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.