Sat.Jan 20, 2024 - Fri.Jan 26, 2024

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8 Perks You May Not Realize Are In Your Employee Benefits Plan

CorpStrat

As we settle into 2024, many teams have recently renewed their Employee Benefits plans. It’s the perfect time to take a closer look and remind your employees about the fantastic, often underutilized benefits these plans offer. From free to low-cost options, these benefits are not just perks – they’re valuable resources for your employees and their dependents.

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Health insurance options for franchises

PeopleKeep

Franchises are a common type of organization in the U.S. In 2023, there were 805,000 franchises nationwide, generating $860.1 billion in revenue 1. Because of their potential for higher profits under the umbrella of a recognized brand, franchise businesses are often a draw for entrepreneurs. But as with any other business, you must know your health insurance obligations before hiring workers.

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How flexible working hours, competitive pension benefits, and mental wellbeing support can engage the Gen Z workforce

Employee Benefits

Here are 5 benefits to engage your Gen Z workforce H1; The Five Benefits That Gen Z Want in the Workplace Gen Z will comprise a third of the workforce within the next few years. So what benefits must companies adopt in order to attract and retain this new generation of talented employees? Born after 1995, Gen Z is slowly replacing retiring Baby Boomers within the workforce.

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The State of Employee Benefits Following Open Enrollment 2023

Winston Benefits

For most, the start of a new year marks a fresh beginning; however, for many HR professionals, January means the end of open enrollment (OE). While OE certainly brings about its challenges for HR and benefits professionals, it also can give them a clearer idea of what’s working and what’s not for their employees. This … Continue reading "The State of Employee Benefits Following Open Enrollment 2023" The post The State of Employee Benefits Following Open Enrollment 2023 appeared first on Wi

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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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Does crypto currency have a role to play in employers’ pay strategies?

Employee Benefits

Need to know: Crypto currency is still unusual in pay strategies with early adopters predominately technology businesses and the professional services firms that support them. Crypto currency is subject to income tax when an employee receives it but could also incur a capital gains tax charge if they hold it for more than 30 days. The growth of digital and micro payments over the next 10 years could see crypto currency become more common in pay strategies, especially for incentive schemes and gl

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Need talent? Why employers should look beyond college degrees

Employee Benefit News

Relevant skills, not a four-year degree, can make someone an ideal candidate for a role.

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London’s office market is reshaping the city and the way people experience the workplace

Workplace Insight

London’s office market continues to adapt to evolving workforce demands. The normalisation of hybrid and flexible working since the pandemic remains the biggest cultural shift that the office sector has witnessed in decades. In addition to the rise in demand for quality-as-a-must in 2023, collaboration, culture, and connectivity will lead the charge for office space trends in the year ahead.

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How To Calculate Your Organization’s Turnover Rate

15Five

Turnover is just part of doing business. Some employees aren’t a good fit, while others find new opportunities. While some turnover is normal, too much can damage your organization’s performance, lower morale, and even interrupt important projects. That’s why, as an HR professional, you need a simple way to calculate, analyze, and manage your turnover rates.

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Make a Promise to Conduct Better Meetings In the Year Ahead

HR Bartender

Estimated reading time: 4 minutes I came across an article recently on CNBC that said 90% of companies plan to implement return to the office policies by the end of 2024. This isn’t surprising. Organizations have been talking about return to the office policies mandates for quite some time. That’s not what I want to talk about today. I want to talk about meetings.

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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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5 ways to cut back on stress and negative language in the workplace

Employee Benefit News

Phrases like "Who cares?" and "You're overreacting" can trigger unnecessary conflict among employees.

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The final word on … responsibility

Workplace Insight

There have been many experiments over the years that expose the darker aspects of human nature. One of the most telling of these was carried out by two American researchers called John Darley and Bibb Latane in 1968. The two men’s work was partly inspired by a notorious 1964 murder in which a woman called Kitty Genovese was stabbed to death in public.

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Henkel implements paid global gender neutral parental leave

Employee Benefits

Chemicals firm Henkel has introduced fully paid gender neutral parental leave for its 50,000 employees worldwide. The firm’s employees in 80 countries will have the opportunity to take up to eight weeks of fully paid parental leave. The length of the leave is based on the caregiver role as opposed to their gender or biological parent status. The leave is presented as Henkel’s minimum standard and will complement existing local practices and regulations, promoting greater gender equity in countri

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5 Key Takeaways From 2024 Employee Wellness Industry Trends Report

Wellable

Wellable’s 2024 Employee Wellness Trends Industry Report reveals crucial insights for employers to make informed wellness strategies and benefits decisions. The post 5 Key Takeaways From 2024 Employee Wellness Industry Trends Report appeared first on Wellable.

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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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From Wellbutrin to Ozempic, prescription prices are on the rise — how to mitigate costs

Employee Benefit News

Mark Campbell, SVP of clinical solutions at RxBenefits, explains how employers can save on medicine in 2024.

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Third of UK adults experience a high level of stress each year

Workplace Insight

Over a third of adults experienced high or extreme levels of pressure and stress always or often in the past year (35 percent), according to the new annual report from Mental Health UK. The report warns that the UK is at risk of becoming a ‘burnt-out nation’. Against a backdrop of rising levels of people out of work due to long-term sickness, the polling of over 2,000 UK adults by YouGov for the Mental Health UK reveals that one in five workers (20 percent) needed to take time off due to poor me

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Lidl GB gives pay rise to 26,000 hourly-paid employees

Employee Benefits

Supermarket Lidl GB is to give its 26,000 hourly-paid employees a pay rise as part of a £37 million investment into their wages. From 1 March, entry level rates will increase from £11.40 to £12 outside of the M25, rising to £13 with length of service. For those working within the M25, wages will increase from £12.85 to £13.55, increasing to £13.85 over time.

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What is an exclusive provider organization (EPO) plan?

PeopleKeep

Choosing the right health insurance plan can be a complex decision. With so many options available for employers and individuals, it’s important to educate yourself about the different types of plans available.

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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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Precision medicine improves outcomes and lowers costs

Employee Benefit News

Tailoring genetic information, environment and lifestyle factors to disease treatment and prevention holds incredible promise.

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Chance to retrofit offices is going begging, report claims

Workplace Insight

The UK Green Building Council (UKGBC) has launched new guidance on retrofitting large office buildings. Setting out the most cost- and carbon-effective retrofit measures in the immediate and longer term, the guidance reframes retrofit as an iterative process rather than a standalone project. UKGBC has found that significant opportunities are being missed by office investors, owners, and occupiers who do not have clear strategies to retrofit offices in place.

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Bain and Gray becomes employee owned

Employee Benefits

Credit: Andrew Ogilvy Photography London-based executive support recruitment firm Bain and Gray has become an employee-owned firm by establishing an employee ownership trust (EOT). The EOT gives the organisation’s 20 employees a stake in the business, a greater say in how it is run and an annual share of its profits. Co-founders Emily Bain and Claire Gray will remain as managing director and finance director respectively, to ensure continuity of service.

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A Long-Term, Part-Time Employee or Not a Long-Term, Part-Time Employee, That Is the Question

McDermott Will & Emery Employee Benefits

Under the SECURE Act and the SECURE 2.0 Act, employers must provide long-term, part-time employees the opportunity to make elective deferrals under their 401(k) plans and, beginning in 2025, their 403(b) plans. This new rule is fraught with complexity and has generated numerous questions about how the requirements apply. But in talking about the new […] The post A Long-Term, Part-Time Employee or Not a Long-Term, Part-Time Employee, That Is the Question appeared first on EMPLOYEE BENEFITS

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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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Women make up just 34% of STEM jobs. Look to college campuses to close the gap

Employee Benefit News

An HR expert discusses how organizations can diversify the talent pool to incorporate more women, and protect STEM fields at the same time.

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Salford’s record breaking sustainable office building reaches completion

Workplace Insight

The City of Salford is now home to Eden , one of the UK’s most sustainable office buildings, containing Europe’s largest living wall. From the site of a derelict surface car park with no benefits to the people of Salford, English Cities Fund (ECF) has created a 115,000 sq ft development that will transform this neglected urban area into a diverse mixed-use destination and form a key part of ECF’s £1bn regeneration of the Salford Central area.

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Mitie, The Perfume Shop and NFU Mutual UK certified as UK top employers

Employee Benefits

Facilities management employer Mitie, The Perfume Shop, pharmaceutical firm Thornton and Ross, and insurer NFU Mutual UK have been certified as UK top employers. Created by the Top Employers Institute, the UK top employer accreditation recognises employers’ commitment to HR initiatives and practices. They must demonstrate how they support employees across 20 areas of HR, including people strategy, work environment, talent acquisition, learning, diversity, equity and inclusion , and wellbeing.

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Oxford Study Questions Benefits Of Workplace Mental Health Programs

Wellable

A recent study questions the efficacy of workplace wellness programs. Explore the study's strengths and weaknesses and how to achieve true employee well-being. The post Oxford Study Questions Benefits Of Workplace Mental Health Programs appeared first on Wellable.

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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.