Sat.Aug 10, 2024 - Fri.Aug 16, 2024

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A Complete Guide on Salary Benchmarking

HR Lineup

Salary benchmarking, also known as compensation benchmarking, is a crucial process for businesses that aim to maintain a competitive edge in attracting and retaining talent. It involves comparing internal job salaries against external market data to ensure that a company’s compensation structure is both fair and competitive. This guide will take you through everything you need to know about salary benchmarking, including its importance, how to conduct it, and how to use the results effectively.

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AI at the WCI, Oh My!

Florida Workers' Comp

The Associated Press reports on people who struggle to accept and comprehend Artificial Intelligence. The real challenge is said to be for the "older Americans." The focus of the story is "adults - many of whom lived through the advent of refrigeration, the transition from radio to television, and the invention of the internet." This group is struggling with AI, what it means in the near term, and tellingly "how do you know if its fake or not.

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Trending Sources

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Hired by AI? How avatars could revolutionize the recruiting process

Employee Benefit News

Unlike human beings, virtual assistants can provide personalized and accessible support for everyone everywhere

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Crafting a people-first company culture

Higginbotham

What sets the most successful and dynamic brands apart? It’s not just about the services they offer or the products they create: it’s about how they view and treat their most essential asset – their employees. A people-first company recognizes that its team is the centerpiece of its success and crafts a culture that supports this philosophy. This approach to company culture can have several benefits: enhanced productivity, greater employee well-being, strengthened recruitment strategies, improve

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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.

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Rethinking employer strategies for mental health remission

Employee Benefit News

Evidence-based, holistic approaches can improve employee well-being in the long term, improve productivity, and serve as a competitive edge in recruiting and retaining talent.

More Trending

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What is Sensitivity Training & Why It Is Important in the Workplace?

HR Lineup

Sensitivity training, often referred to as diversity or cultural awareness training, is a crucial tool in fostering an inclusive and respectful workplace. It focuses on educating employees about cultural differences, unconscious biases, and the impact of their actions and words on others. The aim is to create an environment where everyone feels valued and respected, regardless of their background or identity.

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Dementia UK receives menopause-friendly accreditation

Employee Benefits

Specialist dementia nursing charity Dementia UK has received menopause-friendly accreditation due to its commitment to support its employees experiencing perimenopause and the menopause. The menopause-friendly accreditation was established by Henpicked: Menopause in the Workplace. It recognises proven practices that embrace menopause in the workplace by setting clear standards which must be met.

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Can your employees afford their health plan?

Employee Benefit News

Employers must determine if their health insurance plans actually encourage workers to seek care.

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Round Two—Paramount Job Cuts to Affect 15% of the Workforce

HR Digest

After a lean second quarter earning report, Paramount is moving forward with job cuts to try and restabilize the company. The Paramount layoffs will affect 15% of the workforce which is estimated to impact at least 2,000 people. Along with a reduction of the US workforce, Paramount is planning to s**t down the Paramount Television Studio. The company aims to reduce its annual costs by $500 million USD before its upcoming merger with Skydance Media.

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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!

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Golden handcuffs: Should employers use them on top talent?

Business Management Daily

Picture this. You just landed a high-paying job at a major company due to your talent, work ethic, and in-demand skill set. Your employers are highly impressed with your capabilities and don’t want to lose you to a competitor. To ensure you don’t leave, they slap a pair of golden handcuffs on your wrists – metaphorically, of course. In actuality, they offer you deferred financial incentives such as employee stock options, large bonuses, and attractive compensation packages.

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81% of staff notice feelings of burnout when they cannot take time off work

Employee Benefits

A majority (81%) of UK employees revealed that they notice increasing feelings of burnout, exhaustion, or poor mental health when they cannot take time off work, according to new research by Breathe. The HR platform for small to medium-sized businesses surveyed 1,000 UK working adults aged 18-65 and found that 25-34 year olds are the most likely age group to be suffering the effects of burnout.

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6 tips for minimizing stress

Employee Benefit News

Concerns over the election, the economy and day-to-day challenges can be reduced with mindful, consistent actions.

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Employers Project 8% Rise in Health Care Costs for 2025

International Foundation of Employee Benefit Plans

U.S. employers project a median health care cost increase of 8% for 2025, according to International Foundation of Employee Benefit Plans survey results. This is an increase over similar surveys conducted in 2022 and 2023, which projected a 7% rise in costs. […] The post Employers Project 8% Rise in Health Care Costs for 2025 appeared first on Word on Benefits.

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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.

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Employee value proposition in action: Compelling real-world examples

Business Management Daily

As an employer or human resources manager, consider what candidates and employees bring to your business. Their work ethic, experience, education, training, and skills add value to your business. But what do you give them in exchange? Demonstrating your value to employees and candidates is often just as important as evaluating their value to your business.

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Most people support shift to a four day week

Workplace Insight

A new poll claims that a significant majority of voters who supported the new Labour government are in favour of transitioning the UK to a shorter working week. According to data collected by Survation and commissioned by The Autonomy Institute , 72 percent of Labour voters back the idea of a four-day work week. The survey, which included responses from 2,048 adults, specifically asked whether participants would support a government initiative to move towards a shorter working week, with no loss

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Bad boss or lack of training? Why middle management needs more support

Employee Benefit News

Perceptyx found that 60% of middle managers want ongoing coaching to improve their skills.

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The Supreme Court and the Chevron Doctrine: Key Takeaways for Employee Benefit Plans

International Foundation of Employee Benefit Plans

Employee benefit plan sponsors and administrators may feel the effects of the U.S. Supreme Court’s decision to overturn the so-called Chevron doctrine for many years to come, predicts Katherine Hesse, CEBS, an Employee Retirement Income Security Act (ERISA) attorney. Hesse, who is […] The post The Supreme Court and the Chevron Doctrine: Key Takeaways for Employee Benefit Plans appeared first on Word on Benefits.

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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.

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#HRTechChat: 58,000 Assessments and 18 Key Learnings

3Sixty Insights

As part of researching The Five Talents that Really Matter, Barry Conchie and Sarah Dalton, the co-authors, conducted and reviewed 58,000 talent assessments. Their research was global in nature, and they studied leaders at every organization level. Their findings challenge the status quo and call out for leaders, at times, things they may not have wanted to know.

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People think GenAI is perfectly fine in their own work. For others, not so much

Workplace Insight

People are commonly blind to how much influence Generative AI (GenAI) has over their work, when they choose to enlist the support of technologies such as Chat GPT to complete professional or educational tasks, new research finds. The study, carried out by associate professors Dr Mirjam Tuk and Dr Anne Kathrin Klesse alongside PhD candidate Begum Celiktutan at Rotterdam School of Management Erasmus University , claims to reveal a significant discrepancy between what people consider to be an

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How to bridge the gap: Discrepancy between talk and action in employee well-being initiatives

Employee Benefit News

Employers can show they are committed to the health of their workers by bringing their wellness programs to life.

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5 strategies for managers that will change everything

Business Management Daily

by Bonnie Low-Kramen and Sophia Young Managers need help. More specifically, you need help in the form of training to skillfully handle your teams, some of whom are in person at the office and many others who are working in a hybrid and remote way. How are managers managing all this? Not well, according to research. Alexis Krivkovich, a senior partner at McKinsey & Company, comments, “Many managers are saying, ‘This job has become incredibly hard.

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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.

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Building a Remote Work Toolkit: Essential Resources for Effective Remote Teams

Qandle

The rise of remote work has transformed the traditional workplace. As businesses adapt to this new normal, providing employees with a comprehensive remote work toolkit is crucial. This blog explores the essential components of an effective remote work toolkit and provides practical examples to help organizations implement these tools successfully. Looking for the Best Remote Work Toolkit ?

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Manager on sick leave for four years not unfairly dismissed

Employee Benefits

A woman who was sacked after being off sick for more than four years has lost her claim for unfair dismissal. Henderson, who suffered from a condition causing insomnia and brain fog, took her employer to the employment tribunal on the grounds of disability discrimination. She was employed by Maximus UK Services, which performs medical assessments on people claiming state benefits for the Department for Work and Pensions, and managed an administrative team of nine.

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Build corporate and employee resilience to combat election stress

Employee Benefit News

Making company values and the support of workers a known part of an organization can offer stability in times of turmoil

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Disciplinary infractions in the workplace: Types, policies & prevention

Business Management Daily

All workplaces have various policies and expectations about conduct. These standards protect the well-being of the company and its workers. A disciplinary infraction occurs when someone breaks these rules. As the name suggests, disciplinary infractions merit punishment or other sanctions. For these violations of company policies to cease, the organization must deal with them.

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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.