Employee Benefit News
FEBRUARY 13, 2024
With innovative offerings and consistent education, employer benefits packages better meet the needs of all involved.
Employee Benefits
FEBRUARY 14, 2024
Two-fifths (42%) of working parents admitted to looking for alternative work in 2024 with higher pay and better family life support, an increase of four percentage points on 2023, according to research by childcare provider Bright Horizons. Its annual Modern families index, which surveyed more than 3,000 working families, found that the number of employees who feel their employer is supportive of family life has dropped, from 77% last year to 72% this year.
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Achievers
FEBRUARY 15, 2024
The new normal isn’t so new anymore, and its staying power is perhaps most evident in the many organizations that have adopted a hybrid work model. Hybrid work helps organizations and employees realize the benefits of remote work without sacrificing the familiarity and stability of traditional in-person workplaces. Let’s take a look at how and why organizations are increasingly turning to hybrid work arrangements — and see whether it might be a fit at your company.
Money Talk
FEBRUARY 15, 2024
With 2023 tax season well underway, now is a good time to examine income tax rates, which are a percentage of taxpayers’ income that is taxed. The U.S. income tax system is progressive, which means that taxes take a larger percentage of income from taxpayers with higher taxable incomes. Federal marginal income tax rates are established by Congress and change periodically.
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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
HR Bartender
FEBRUARY 11, 2024
Estimated reading time: 3 minutes Artificial intelligence (AI) is dominating today’s news cycles. What companies are using AI? What is this person or that person saying about the future of AI? What snafu did AI do lately? Don’t get me wrong. These articles can be helpful in understanding AI and its capabilities. But the other thing that can be helpful is actually working with it.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
PayrollOrg
FEBRUARY 16, 2024
New York would be the first state in the nation to require employers to provide employees with paid leave for prenatal care, under a proposal from the governor.
Workplace Insight
FEBRUARY 14, 2024
After a challenging environment for commercial real estate in 2023, its fallout provides investors, developers and corporate occupiers with significant opportunities for value creation and transformational organisational change in 2024, says leading property management and investment firm, Colliers (EMEA) in its new market commentary: ‘ Engage, activate and accelerate performance: next generation real estate strategies’ [registration].
Darwinbox
FEBRUARY 12, 2024
Time is a precious resource, especially within the realm of human resources (HR). Effective time management is vital for organizations to run smoothly and efficiently. This is where time and attendance management comes into play. This article provides an overview of the importance of time and attendance management in HR. It discusses the benefits of implementing a time and attendance management system and the various features that can be utilized.
Employee Benefits
FEBRUARY 13, 2024
Mental health support will be the most in-demand health and wellbeing benefit in 2024, according to research from Towergate Health and Protection. The survey of 500 HR professionals found that 41% are expecting to see an increase in demand for mental health support from their employees. A third (34%) cited that they expect to see an increase in support for financial health this year.
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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.
Employee Benefit News
FEBRUARY 16, 2024
Nike will slash its global workforce by about 2%, and joins other major companies like Google and Amazon in laying off staff.
Workplace Insight
FEBRUARY 13, 2024
A new poll claims that nearly 50 percent of respondents would reject a substantial 15 percent pay increase if it meant forfeiting workplace flexibility, even in a challenging financial climate. Despite attractive flexible working policies outweighing the need for increased remuneration, the research – conducted by PayFit – claims that a sizable 83 percent of those surveyed felt improvement was needed to their current workplace’s flexible policies.
Darwinbox
FEBRUARY 12, 2024
AI has become a buzzword across industries, revolutionizing the way we work and interact. But what about its impact on HR? In this article, we will explore the effects of AI transformation on HR processes – paving the way for increased efficiency, improved decision-making, and enhanced employee experiences.
Employee Benefits
FEBRUARY 16, 2024
Biopharmaceutical firms AstraZeneca and Novo Nordisk have been named among the best places to work for women in 2023 globally. Best Places to Work, the workplace excellence certification programme, evaluated global organisations based on their policies, practices and benefits that support and empower women in the workforce. The certification underscores the commitment of organisations to gender equity and diversity , the creation of inclusive workplaces that foster professional growth, and the p
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
McDermott Will & Emery Employee Benefits
FEBRUARY 15, 2024
Under the SECURE Act and the SECURE 2.0 Act, employers must provide so-called long-term, part-time employees – i.e., those who complete at least 500 hours of service in three consecutive years (reduced to two years in 2025) and are at least 21 years old – the opportunity to make elective deferrals under their 401(k) plans and, […] The post New Rules Make Tracking Long-Term, Part-Time Employee Service a Full-Time Job appeared first on EMPLOYEE BENEFITS BLOG.
Workplace Insight
FEBRUARY 15, 2024
Love it or hate it, weather chat is part of Britain’s day to day – yet in the world of work it’s not just casual small talk. In fact, the seasons have a real impact on how we feel and perform. The change in seasonal characteristics influences what employees need from where they work. Looking after employee wellbeing and putting individuals in the best position to be productive at work means different things throughout the year.
PayrollOrg
FEBRUARY 15, 2024
The IRS has updated the employer shared responsibility payment amounts for 2025 under the Affordable Care Act (ACA).
Employee Benefits
FEBRUARY 14, 2024
Employees will have more rights to ask for flexible-working arrangements under new legislation coming in this year. Workers with 26 weeks of employment can ask for flexibility on how, where and when they work. Where employers previously did not need to consult with workers before giving their decision, they will now be expected to, and to provide their response within two months instead of three.
Advertiser: Paycor
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!
McDermott Will & Emery Employee Benefits
FEBRUARY 14, 2024
A civil enforcement action against a healthcare company reveals a straightforward lesson: It’s never too late for leaders to make the right decision. In this Forbes article, Michael Peregrine discusses the government’s complaint and offers takeaways for corporate boards. Access the article. The post It’s Never too Late to Detour From the Wrong Ethical Route appeared first on EMPLOYEE BENEFITS BLOG.
Workplace Insight
FEBRUARY 15, 2024
Helsinki City Council has voted to provide a donation of 60 million euros to the foundation responsible for establishing the new national museum of architecture and design. The Finnish state will match this funding, with an additional 30 million euros to be raised from private donations. With these commitments in place, an international design competition for the new museum building will be launched in April.
Darwinbox
FEBRUARY 12, 2024
In today's competitive job market, finding the right candidate is crucial. HR assessment tools streamline the hiring process by evaluating candidates effectively. These tools provide insights into skills, abilities, and personality traits. They revolutionize talent acquisition. In this article, we'll explore why HR assessment tools are crucial for identifying top candidates.
Employee Benefits
FEBRUARY 16, 2024
Credit: kovop / Shutterstock.com Last weekend, the Kansas City Chiefs beat the San Francisco 49ers at the 58th annual Super Bowl (spoiler alert!) While the 49ers did not walk away with the trophy, they will receive a post-season bonus payment. If you’ve ever fancied becoming a National Football League (NFL) player and wondered how much they can earn as a bonus, then read on!
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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.
McDermott Will & Emery Employee Benefits
FEBRUARY 12, 2024
A recent National Labor Relations Board decision will likely expose a broader range of workplace rules to regulator enforcement. According to this HR Dive article, introducing even ordinary workplace rules during unionization could draw new scrutiny. However, as Christopher Foster and Marjorie C. Soto Garcia explain, there are steps employers can take to mitigate risk. […] The post Heightened Labor Scrutiny Looms Over Workplace Rules appeared first on EMPLOYEE BENEFITS BLOG.
BetterUp
FEBRUARY 15, 2024
Your most valuable skills are the ones that you carry with you. Whether you're moving on to a new project, taking on a new role, or taking the leap to a new job, you're never truly starting from scratch. Sometimes it feels like it though, especially if you jumped into a new industry or face a new set of software and tools.
Darwinbox
FEBRUARY 12, 2024
Time is a precious resource, especially within the realm of human resources (HR). Effective time management is vital for organizations to run smoothly and efficiently. This is where time and attendance management comes into play. This article provides an overview of the importance of time and attendance management in HR. It discusses the benefits of implementing a time and attendance management system and the various features that can be utilized.
Employee Benefits
FEBRUARY 14, 2024
The UK retirement age is rising, keeping employees in work for longer. Absenteeism is at a 10-year high, costing businesses billions a year. Taking steps to keep employees healthy will yield a return, and there are many ways to do so, including mental and financial wellbeing solutions. One thing for sure is that getting employees the medical help they need more quickly is essential, and this is where a Virtual GP and digital healthcare platform comes into its own.
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.
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