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More than two-thirds (70 percent) of working parents in the UK have quit or are considering quitting their job due to lack of affordable childcare options, according to a new poll from Remote. The research explores the financial and mental impact return to office mandates and a lack of flexible hours has on parents, as well as outlining the consequences of what the report calls the ‘Working Parents Crisis’ on the UK’s workforce shortages.
Gamification in employee recognition has emerged as a revolutionary approach in enhancing employee engagement and performance. This approach makes mundane workdays into an enjoyable and motivating experience. As employees earn rewards and climb leaderboards, they experience a sense of accomplishment and belonging, which in turn boosts morale and productivity.
In today’s evolving workplace, flexibility and work-life balance have become paramount for both employers and employees. Among various flexible working arrangements, the 9/80 schedule stands out for its innovative approach to balancing productivity with personal time. This article delves into the intricacies of the 9/80 schedule, exploring its structure, benefits, challenges, and real-world applications.
The state of Washington has placed additional restrictions on the use of noncompetition agreements. Readers may be familiar with the Federal Trade Commission’s latest noncompete rule, which goes into effect on September 4, 2024. While that federal regulation is currently being challenged in court, Washington’s rule has already gone into effect.
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?
COBRA rules and regulations are a lot for employers to manage daily, let alone under special circumstances (like the American Rescue Plan Act of 2021, or ARPA). If you’re a COBRA administrator, your COBRA experience can help your clients save time, stay compliant, and help participants successfully transition to COBRA or opt for a COBRA alternative.
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Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
The employee life cycle (ELC) is a conceptual model that outlines the stages employees go through during their tenure with an organization. Understanding this cycle is essential for companies aiming to attract, develop, and retain talent. This article delves into the meaning, stages, strategies, and real-world examples of the employee life cycle, offering comprehensive insights for HR professionals and business leaders.
The Problem with Paper Many human resource (HR) departments still deal with the challenge of moving the day-to-day process for engaging employees off traditional and inefficient paper-based approaches to more modern, digital systems. HR, payroll, and benefits professionals often find themselves fighting tides of paperwork that not only slow them down but introduce expensive and difficult-to-remedy errors.
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.
PayrollOrg’s 2024 edition of Guide to Successful Electronic Payments, sponsored by rapid!, provides payroll professionals with the information needed to successfully implement or improve the electronic pay process at their companies.
In the rapidly evolving world of business, managing employee information efficiently is critical for organizational success. Employee database software helps HR departments streamline tasks such as record keeping, payroll, and performance management. With numerous options available, choosing the right software can be daunting. What is Employee Database Software?
With the 2023 tax filing deadline in the rear view mirror, now is a good time to look ahead to 2024 taxes that you will owe in April 2025. In a recent article for the Rutgers Cooperative Extension newsletter, VISIONS , I described key features of your tax return to review for future financial planning including income sources, tax write-offs, changes in tax filing status, tax rates and marginal tax brackets, tax withholding, retirement plan contributions, and capital gains and losses.
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.
International Foundation of Employee Benefit Plans
JUNE 11, 2024
After much anticipation, on April 23, 2024, the U.S. Department of Labor (DOL) released its overtime final rule, updating the salary threshold for overtime exemptions for executive, administrative and professional (EAP) employees and highly compensated employees (HCEs). The rule is slated to […] The post What to Know Before the Overtime Final Rule Takes Effect July 1 appeared first on Word on Benefits.
In the wake of the global pandemic, work-from-home (WFH) policies have become a staple for many organizations. As remote work shifts from a temporary solution to a permanent fixture, it is crucial for companies to refine and enhance their WFH policies to ensure productivity, employee satisfaction, and overall organizational effectiveness. Here’s a comprehensive guide on how to make your work-from-home policy more effective. 1.
I keep hearing that Generative AI will unleash human creativity. Based on the contents of my inbox, I can tell you that is not yet the case. It is increasingly full of GenAI generated press releases and comment pieces that consist of a small amount of gibberish, a larger quantity of stuff that reads likes it’s been written by a non-native speaker, and an even larger amount of bland, clichéd C0nTeNt.
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.
Younger employees are increasingly likely to prioritise family planning in their financial goals, according to research by financial education platform provider Nudge. Its annual Global financial wellbeing report, which surveyed more than 11,500 employees globally, including 2,000 in the UK, also found that 66% of UK men aged 25-34 are setting financial goals to start their own family, compared to 62% of women.
ELB Learning’s Lectora is a comprehensive e-learning authoring tool designed to facilitate the creation of interactive and engaging online courses. Known for its robustness and flexibility, Lectora stands out in the crowded field of e-learning software by offering a suite of features that cater to both novice and experienced instructional designers.
Traditional group health insurance is a type of health insurance plan employers offer their employees and their families at a discounted premium rate. Because of its familiarity and tax benefits, group health insurance is a sought-after employee benefit. It can help employers attract and retain talented workers. There are two sizes of group health insurance: small and large.
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!
May 11, 2024, marked one year since the end of the COVID-19 public health emergency (PHE), and not much has changed in Medicare telehealth policy. We are still operating under temporary waivers and flexibilities and, as a result, many pandemic-era virtual care policies are facing a cliff on December 31, 2024. This looms large during […] The post Exploring the Virtual Care Policy Landscape One Year Post-PHE appeared first on EMPLOYEE BENEFITS BLOG.
EasyGenerator is an intuitive e-learning authoring tool designed to simplify the process of creating online courses. It is aimed at educators, instructional designers, and subject matter experts who seek a user-friendly platform to develop engaging and interactive learning experiences without the need for advanced technical skills. Launched in 2013, EasyGenerator has since become a popular choice for organizations and individuals looking to streamline their e-learning content creation.
In today’s fast-paced business world, retaining millennials has become a top priority for companies across industries. These digital natives have spent their entire lives immersed in technology and globalization. As a result, they have a unique set of skills and mindset that are essential for navigating the world of the 21st century. Millennials have the creativity, agility, and digital knowledge to lead the way in reimagining the traditional business model and driving innovation.
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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