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

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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.

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

Employee Benefit News

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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.

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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.

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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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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.

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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 149
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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.

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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.

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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.

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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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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.

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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.

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

Employee Benefit News

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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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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.

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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.

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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

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

Employee Benefit News

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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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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.

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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.

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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.

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Helping employers invest in the metaverse will pay workplace dividends

Employee Benefit News

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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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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.

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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.

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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.

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Long story short: Are your healthcare benefits falling short?

Employee Benefit News

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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.