Sat.Nov 18, 2023 - Fri.Nov 24, 2023

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8 Employee Benefit Ideas to Help Retain Remote Workers

COMPackage

Despite having been around for a while now, the popularity of remote work quickly increased during the COVID-19 pandemic. Working from home not only allowed employers to potentially save on future costs and manage the challenges brought about by the pandemic, but also offered their employees flexibility and autonomy. Some employees work from home primarily because they live too far from the office to commute, possibly in another state entirely.

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Do total reward statements still engage employees with their benefits packages?

Employee Benefits

Credit: Julia Sudnitskaya / Shuuterstock.com A total reward statement provides an overview of an employment package and its value. Offering choice regarding how a total reward statement is delivered to an employee is key to ensuring effective engagement. A personalised benefits package can help to engage employees with their benefits because it is specifically relevant to them.

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From Debt to Zen: Transforming Financial Stress to Financial Serenity

International Foundation of Employee Benefit Plans

As 2023 comes to an end, many Americans are struggling to achieve the goal of living without financial liabilities as credit card debt in the U.S. hit a new record high, surpassing $1 trillion, according to the New York Federal Reserve Bank. […] The post From Debt to Zen: Transforming Financial Stress to Financial Serenity appeared first on Word on Benefits.

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IRS Releases Annual Increases to Health FSA and Transportation Fringe Benefit Limits for 2024

Proskauer's Employee Benefits & Executive Compensa

On November 9th, the IRS announced additional inflation adjustments for 2024, including to the annual contribution and carryover limits for healthcare flexible spending accounts and the monthly limit for qualified transportation fringe benefits. The IRS did not increase the annual contribution limit for dependent care flexible spending accounts because that limit is not indexed to inflation.

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Future-Proof Your Talent Pipeline

Get ready for the future of business. As HR navigates an ongoing labor shortage, leaders need stronger, more adaptable recruiting strategies. Do you have the tools you need to build a talent pipeline that drives sustainable business growth?

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How AI can help employers support employee fitness

Employee Benefit News

As workplaces evolve, harnessing the power of AI can help organizations across industries rethink employee well-being.

More Trending

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10 Best HR Compliance Software 2024

HR Lineup

Human Resources (HR) compliance is a critical aspect of any organization’s operations, ensuring that businesses adhere to relevant laws, regulations, and industry standards. In the dynamic landscape of HR management, staying compliant is challenging but essential. The emergence of advanced HR compliance software has greatly facilitated this process, streamlining tasks, reducing errors, and enhancing overall efficiency.

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Tribunal rules stress can be disability without mental health diagnosis

Employee Benefits

An employment tribunal has ruled that stress can be considered disability without a formal mental health diagnosis from a doctor. At a preliminary hearing to discuss a case brought against Aneurin Bevan University Local Health Board, the tribunal panel in Cardiff found that claimant Mrs Phillips could be considered disabled under the Equality Act 2010.

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Rosalynn Carter and 10 other notable mental health advocates

Employee Benefit News

As the need for mental health continues to grow, public figures have long fought to shake off stigma.

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What Can We Make of Customer Reviews? Lessons from the Restaurant Industry

3Sixty Insights

Every time I have a negative interaction with a company, I immediately seek out their online reviews—and I’m not surprised when I find many that echo and substantiate my own experience. What I do find surprising are the choices many business owners make in responding to those reviews. Attempts to refute negative comments by painting unhappy customers as “bad,” alleging that competitors are trying to sink their brands, or accusing the platforms of extorting them with bad algorithms are shockingly

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Understanding Group Medicare for an Aging Workforce: Key Considerations for HR Leaders

Speaker: Shawnequa Albert

As our workforce evolves, so must the way we support it. With more employees choosing to work beyond age 65, HR leaders are increasingly being called upon to guide aging employees through one of the most complex transitions in their professional lives - from employer sponsored plans to Group Medicare. Without clear guidance, confusion around eligibility, coverage options, and cost implications can lead to uncertainty and missed opportunities for optimized benefits.

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10 Best Resource Management Software 2024

HR Lineup

Effective resource management is critical for the success of any organization. In the dynamic business landscape of 2024, where competition is fierce and resources are precious, companies need robust resource management software to optimize their workforce, projects, and assets. In this article, we’ll explore the top 10 resource management software solutions for 2024, its key features and how to choose the best for your business.

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69% of women had negative experience at work due to menstruation symptoms

Employee Benefits

More than two thirds (69%) of women have had a negative experience at work due to menstruation symptoms , according to research by the Chartered Institute of Personnel and Development (CIPD). The professional body for HR and people development’s report Menstruation and support at work , which surveyed more than 2,000 women, found that the most common reported symptoms include abdominal cramps (60%), irritability (52%), fatigue (49%) and bloating (49%).

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Remote work beats out salary as the most important thing to employees

Employee Benefit News

Flexjobs surveyed over 8,000 workers about how they feel about return-to-office mandates, and the results are in.

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Half of work related illness is down to stress, depression or anxiety

Workplace Insight

Nearly two million workers in Great Britain reported suffering from work-related ill health in 2022/23, according the latest annual statistical report from the UK’s Health and Safety Executive. The statistics reveal that 1.8 million workers reported they were suffering from work-related ill health in 2022/23, with approximately half of the cases down to stress, depression or anxiety.

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Ready to Save Time With AI? Try 14 ChatGPT Prompts for HR

ChatGPT is a powerful tool that can help you quickly brainstorm, draft, and refine tasks on your to-do list. But it can take a bit of strategy and practice to get generative AI to give you the time-saving results you’re looking for. Try these 14 detailed prompts to unlock the power of ChatGPT. You'll discover ways to streamline tasks for hiring, employee engagement, and performance management.

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10 Best OKR Software in 2024

HR Lineup

In the dynamic landscape of modern business, organizations are constantly seeking ways to enhance performance, align teams, and achieve strategic objectives. One powerful tool that has gained prominence in recent years is the Objectives and Key Results (OKR) framework. To effectively implement and manage OKRs, businesses are turning to specialized software solutions.

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42% of employers plan to reduce flexibility for staff in 2024

Employee Benefits

Approximately two-fifths (42%) of employers plan to reduce flexibility or offer less of this to their employees in 2024, according to research by Barnett Waddingham. The independent consultancy, which surveyed 302 HR directors and C-suite professionals, found that this could see as many as 588,000 employers planning to offer reduced flexibility to working arrangements.

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Employers must follow the evidence when it comes to covering obesity medications

Employee Benefit News

Supporting the health of employees can help prevent serious chronic conditions, and the financial impact that comes along with them.

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How to Recruit Top Talent without Treating It Like a Chore

HR Digest

Among reports of increasing job dissatisfaction and high employee attrition rates, many companies are caught wondering how to recruit top talent and retain top talent as well. While many are able to attract effective workers with hefty packages, not everyone can convince employees to stay either. Pew Research Center found that 43 percent of young workers have stayed with their employees for over three years, but on the other hand, 40 percent have spent less than 12 months with their employers.

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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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10 Best Team Management Software 2024

HR Lineup

In the dynamic landscape of the modern workplace, effective team management is paramount for achieving organizational goals. As businesses continue to evolve, so does the need for robust team management software that can streamline collaboration, enhance communication, and boost overall productivity. In 2024, the market is teeming with innovative solutions, each offering a unique set of features to address the diverse needs of teams across industries.

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Council Guest Post: A Guide to Leveraging Payrolls Rich Data

3Sixty Insights

The following is a multi-part series of micro-blogs, guest authored by Annemarie Verwaaijen, MSc, MBA, Vice President, Global Head of Pay Services for S&P Global, and a 3Sixty Insights Executive Council member. A Guide to Leveraging Payrolls Rich Data It is easy to become overwhelmed with so much data available in payroll. The easiest place to begin, and where most companies will start, is by counting the errors or defects.

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20 companies with adoption benefits and financial support

Employee Benefit News

The Dave Thomas Foundation for Adoption released its annual list of companies prioritizing family-building benefits for everyone.

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Magazine Extra: Employee Benefits Join the Genomic Revolution Toward Precision Medicine

International Foundation of Employee Benefit Plans

Benefits Magazine Extras articles provide you with bonus content on a mix of benefits topics as well as deep dives and analyses on the latest benefit trends and compliance issues. Visit ifebp.org/benefitsmagazine to see the latest Benefits Magazine Extras as well as the bimonthly print edition. Employers […] The post Magazine Extra: Employee Benefits Join the Genomic Revolution Toward Precision Medicine appeared first on Word on Benefits.

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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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Businessmap

HR Lineup

BusinessMap, positioned as a cutting-edge Business Agility platform, is a dynamic and comprehensive solution designed to empower organizations in navigating the complex and rapidly changing landscape of the modern business world. This platform stands out as an indispensable tool for enterprises seeking to enhance their agility, adaptability, and overall performance.

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Barratt Developments hires new group HR director

Employee Benefits

Barratt Developments has appointed Sally Austin its new group HR director , becoming a member of the Barratt executive committee and reporting to chief executive David Thomas. Austin will continue the people strategy for Barratt, prioritising diversity and inclusion, engagement, talent management, and employee health and wellbeing in particular. She joins from Wincanton, where she was chief people officer from 2019 to 2023.

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Mindset matters when it comes to setting goals for retirement

Employee Benefit News

Goldman Sachs Asset Management utilized behavioral finance to address what makes retirement planning successful.

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How to support remote employees' health and well-being

PeopleKeep

Roughly 41% of U.S. employees 1 work remotely for either some or all of their work hours. This non-traditional work arrangement helps employers save money, gives workers more freedom, and even boosts business productivity. But, not being in a physical office location can leave remote employees feeling isolated from their teammates and more prone to burnout.

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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.