Patriot Software
MARCH 27, 2023
Employee benefits beef up your compensation package. They can make or break your ability to hire and retain employees. For the most part, you can choose what to offer employees. But, there are several mandatory benefits you can’t afford to ignore. You not only need to stay competitive but also compliant.
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Employee Benefits
MARCH 27, 2023
What is a group personal pension (GPP)? A group personal pension is a defined contribution (DC) arrangement whereby an employer agrees to make monthly contributions into a scheme, but the contract is between the employer and the pension provider. The pension freedoms that were announced in the 2014 Budget, and came into effect in April 2015, gave employees more choices and greater flexibility over their retirement options.
BetterUp
MARCH 29, 2023
Jump to section What’s salary versus hourly pay?
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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
International Foundation of Employee Benefit Plans
MARCH 28, 2023
From capital market return expectations to the rules that cover the program, a lot has changed in the two years since the American Rescue Plan Act was signed into law and created the Special Financial Assistance (SFA) program for struggling multiemployer pension […] The post <strong>Where We Are Now: Special Financial Assistance Under the American Rescue Plan Act</strong> appeared first on Word on Benefits.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Empuls
MARCH 27, 2023
Employees are an indispensable part of any organisation, and their mental and physical well-being is crucial. With organisations competing to attract and retain talents, employers increasingly recognise the importance of employee wellness programs. So, let's explore 15 innovative employee wellness program ideas that can be implemented in any workplace.
Employee Benefit News
MARCH 28, 2023
Money Talk
MARCH 29, 2023
Last year, I wrote a post that described the pros and cons of filing your income taxes by paper or electronically (e-filing). Looking back, it was also a “personal pep talk” for me because I knew I was part of a dying breed of paper income tax filers. Only about 8.2% of tax returns are filed by paper or, in numerical terms, nearly 13.2 million tax returns of the nearly 160.8 total returns that are filed.
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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.
Benefit Resource Inc.
MARCH 28, 2023
An employee terms and you notify your COBRA administrator of the qualifying event. A letter goes out and you are done, right? Well, yes and no. It is important that a COBRA Qualifying Event Notice is: (1) provided to required individuals and (2) contains the appropriate details regarding COBRA coverage and election rights. Who needs to receive a COBRA qualifying event notice?
Best Money Moves
MARCH 28, 2023
What causes financial stress? Here are 3 of the top causes of financial stress among your team. (Plus, what you can do about them.) According to a study by the FINRA Investor Education Foundation , 60% of American adults feel anxious while thinking about their personal finances, and 50% feel stressed when talking to another person about their finances.
Employee Benefits
MARCH 29, 2023
Credit: Chris Lawrence Travel / Shutterstock.com Independent library service charity Suffolk Libraries has launched a ‘Menopause and Me’ programme to help employees experiencing the menopause and perimenopause. Suffolk Libraries partnered with mental health charity Suffolk Mind, which offers a free to access template for implementing a workplace menopause policy, help with creating a menopause-friendly workplace, and support for open conversations on the subject.
HR Digest
MARCH 28, 2023
Absenteeism in the workplace can be a significant challenge for organizations, resulting in decreased productivity, increased costs, and a negative impact on employee morale. The COVID-19 pandemic has brought attention to the issue of workplace absenteeism, highlighting the need for organizations to implement effective strategies to manage absenteeism at work.
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
Insperity
MARCH 30, 2023
Whenever there is economic uncertainty or public, mass lay-offs, it’s understandable why many employees may be worried about their job security. After all, one of the primary tactics that employers may deploy to help weather a recession is to cut company expenses, which often involves downsizing the business and a round (or several) of lay-offs and furloughs.
Best Money Moves
MARCH 28, 2023
3 ways to help employees fight financial stress and economic uncertainty. Learn more about how companies can help employees dial down financial stress during times of economic uncertainty. U.S. workers face an uncertain economic future, and the stress takes its toll. Nearly half of U.S. adults say that money issues negatively impact their mental health, according to a Bankrate study.
Employee Benefits
MARCH 30, 2023
With a diverse workforce, recruitment firm SThree has taken steps to ensure it is able to support staff from different faiths. During Ramadan, employees who are fasting can take advantage of the organisation’s flexible-working policy, which means people can choose both the hours they work and where they work from. Gemma Branney, global director of purpose and inclusion, says: “It means employees who are fasting can request to start early or finish later to help them through the fasting per
HR Digest
MARCH 31, 2023
Employee stress and burnout are major concerns for businesses and organizations worldwide. In a fast-paced and demanding work environment, employees often face a lot of pressure and expectations, which can lead to stress, anxiety, and eventually burnout. As an employer, it’s important to recognize the signs of stress and burnout in employees and take proactive measures to manage and prevent them.
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!
BetterUp
MARCH 30, 2023
Everyone loves a three-day weekend, and new trends in work might mean that every week is a little shorter. A four-day workweek may do more than give you an extra day to catch up on laundry, though. Research indicates that a shorter workweek benefits the employee, the workplace, and the environment.
Workplace Insight
MARCH 30, 2023
The announcement by Apple that it wanted its employees to work in an office for three days a week sparked the usual, tedious pile-on about how many days people should spend in a physical workplace each week. This included the columnist at Grazia who joins the tens of millions of people around the world who not only know where Apple is going wrong, but also how to run every other organisation in the world and what’s best for everybody who works for them.
Employee Benefits
MARCH 30, 2023
Need to know: Employers need to think about ensuring workers from all faiths can thrive if they want to engage and retain talent. Measures that could help might include flexible leave policies for religious festivals, prayer rooms and tolerant dress codes. Benefits professionals will need to ensure they offer suitable pension investments and teambuilding activities.
HR Digest
MARCH 31, 2023
Employee retention is a crucial factor for organizations to maintain sustainable growth and competitive advantage. A high turnover rate can lead to increased costs associated with recruitment, training, and lost productivity, as well as a negative impact on employee morale and company culture. Therefore, it is essential for companies to adopt strategies that enhance employee retention.
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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.
15Five
MARCH 29, 2023
Manager effectiveness is a major driver of employee engagement, and managers have a large impact on their direct reports’ morale and performance. Yet, many managers often struggle to lead because they don’t have necessary skills to drive engagement and performance in the evolving workplace. As a result, many employees don’t see their managers as strong leaders.
Workplace Insight
MARCH 26, 2023
The office has passed through five ages. The ‘coffee houses’ of the 17th century, yielded to the ‘clerical factories’ of the 19th as machines revolutionised work. After the Second World War, the ‘corporate offices’ of global corporations and William Whyte’s Organization Man dominated the scene. Following the launch of IBM’s PC in the early-1980s, we saw the rise of ‘digital offices’ in the 1990s, complete with internet, email and social media.
Employee Benefits
MARCH 29, 2023
Midlands-based law firm Higgs has received accreditation from the Living Wage Foundation. Employees at the firm will receive a minimum hourly wage of £10.90, exceeding the government’s minimum wage rate of £9.50 for those aged above 23, which is due to increase to £10.42 as of next month. The hourly figure set by the foundation was independently calculated based on the real life costs of everyday needs.
HR Digest
MARCH 31, 2023
Effective employee performance management is critical for achieving organizational goals and enhancing employee satisfaction and productivity. In today’s competitive business environment, it’s essential to develop strategies and systems that support ongoing employee development and goal attainment. When prioritized, this can further serve a business in the long run.
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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