Sat.Oct 07, 2023 - Fri.Oct 13, 2023

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11 Innovative Ways to Reward and Recognize Employees

TalentCulture - Employee Benefits

Recognition matters. We hear it over and over again in leadership books and best practices articles. It makes sense to recognize employees early and often. But workforce appreciation isn’t a one-size-fits-all thing, and random acts of recognition usually fall flat. So, what do successful organizations do? They focus on building a culture where appreciation is […] The post 11 Innovative Ways to Reward and Recognize Employees appeared first on TalentCulture.

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44% of employers published their ethnicity pay gap in 2023

Employee Benefits

The number of employers publishing their ethnicity pay gap has increased from 30% in 2020 to 44% in 2023, according to new research. Business in the Community’s 2023 Race at work charter survey sought the views of nearly 250 UK employers, representing 1.2 million UK employees. It found no change in the number of employers who have a race champion or an executive sponsor for race since 2020, remaining at 95%.

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What is a short-term health insurance plan?

PeopleKeep

When you’re outside the annual open enrollment period , you have limited opportunities to buy a health insurance plan. You can enroll in a plan mid-year if you experience a qualifying life event or become eligible for a federal health insurance program, like Medicare or Medicaid, but these situations may not support every individual.

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Employer Student Loan Debt Benefits Following SECURE 2.0

McDermott Will & Emery Employee Benefits

In December 2022, Congress enacted groundbreaking legislation as part of the SECURE 2.0 Act codifying an opportunity for employers to provide matching contributions within a tax-qualified retirement plan based on their employees’ qualified student loan payments outside the plan. This On the Subject discusses the SECURE 2.0 student loan benefit and other employer options for […] The post Employer Student Loan Debt Benefits Following SECURE 2.0 appeared first on EMPLOYEE BENEFITS BLOG.

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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 employee feedback can inform a benefits strategy

Employee Benefits

Need to know: When gathering feedback, striking a balance between anonymity and usefulness of the data is key, as is being transparent with how this balance is achieved with employees. Whichever feedback method is used, questions must reflect the workforce, based on all segments of the demographic, but also on their working patterns, caring responsibilities and living arrangements.

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Marijuana as a Schedule III drug? What the new classification means for insurance companies

Employee Benefit News

William Van Faasen, former chairman and CEO of Blue Cross Blue Shield Massachusetts, encourages carriers to prepare to add marijuana to their formularies.

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10 Best Org (Organizational) Chart Software in 2023

HR Lineup

Organizational charts, also known as org charts or hierarchy charts, are essential tools for businesses of all sizes. They help visualize the structure of an organization, showcasing the hierarchy of positions, reporting relationships, and departments. In 2023, there is an array of software options available to streamline the process of creating and maintaining organizational charts.

Software 244
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Create a culture of recognition in 2023 

Achievers

Cultivating a culture of recognition is a strategic imperative that can transform the tenor of your organization, driving improved employee morale, engagement, and performance. Showing genuine appreciation for team members’ efforts foster a long-lasting sense of belonging and motivation among employees. With a thoughtful and multifaceted approach, one that encourages recognition at every level of your organization, your company can develop a culture of recognition organically.

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PayrollOrg’s Year-End Course Provides State Updates

PayrollOrg

Beginning October 23, the “Preparing for Year-End and 2024” seminar provides updates on the latest changes in legislation and regulations that affect the close of 2023 and the first payroll of 2024, including updates to state requirements.

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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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Underrated and underutilized: A look at long-term care insurance

Employee Benefit News

Partners from Lenox Advisors explain why more Americans need a long-term care insurance plan for a holistic financial wellness strategy.

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Top 10 People Analytics Software in 2023

HR Lineup

In today’s data-driven world, businesses are constantly seeking ways to optimize their operations and make more informed decisions. This includes managing their most valuable asset – their people. People analytics software has emerged as a powerful tool for HR professionals and business leaders to better understand and leverage their workforce.

Software 242
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Ten Benefits of Self-Employment in Later Life

Money Talk

Almost half of all U.S. workers age 65-69 are self-employed as are over two-thirds (68%) of those age 75-79. For almost four years, I have been a full-time financial education entrepreneur. For 27 years prior, Money Talk was a “side hustle.” For this post, I decided to reflect upon ten benefits of self-employment in later life that I (and other older entrepreneurs) have experienced: Additional Income - A successful business provides additional cash beyond Social Security and other expected sourc

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Six Steps to Addressing Mental Health in the Workplace

International Foundation of Employee Benefit Plans

I’d like to think I’m working toward breaking down the stigma of mental health. I have family members, friends and colleagues who struggle with various challenges, and I have had bouts of anxiety and depression throughout my life. Yet, when someone is […] The post Six Steps to Addressing Mental Health in the Workplace appeared first on Word on Benefits.

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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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Company branding around flexible work says a lot about its culture

Employee Benefit News

Wording will dictate how employees and clients view an organization's intentions with their remote or hybrid work policy.

IT 300
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10 Best Remote Work Tools for Remote Teams in 2023

HR Lineup

In 2023, remote work has become an integral part of the modern work landscape, and the right tools can make all the difference in ensuring productivity and collaboration among remote teams. From project management to communication and file sharing, the right software can streamline workflows, boost efficiency, and keep remote teams connected. What are Remote Working Tools?

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83% of employers have seen a rise in wellbeing benefit requests

Employee Benefits

More than eight in 10 (83%) UK employers have reported a rise in employees requesting more wellbeing benefits in the workplace, according to new research from Zest. The employee benefits technology firm’s study, released to mark World Mental Health Day (10 October), found that 19% of respondents currently offer employees a wellbeing allowance as part of their benefits package.

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How the SECURE 2.0 Act of 2022 benefits your workplace

Insperity

In December 2022, the U.S. government passed a significant piece of legislation: the SECURE 2.0 Act. The SECURE 2.0 Act put in place mandatory and optional provisions to help U.S. workers better prepare financially for retirement, at every stage of their employment journey. This new law comes at a critical time for Americans: Many older U.S. workers who have not been able to save enough money to retire have delayed their transition into this next stage of life because of current economic conditi

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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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No more crying at work: How to prevent a toxic workplace

Employee Benefit News

HR and workplace experts share their thoughts, takeaways and strategies on managing toxic work environments.

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Workato

HR Lineup

In the era of remote work, where teams are geographically dispersed and communication is predominantly digital, the need for efficient, collaborative, and automated tools is paramount. Workato, a leading automation platform, has emerged as an invaluable resource for remote teams seeking to streamline their workflows, enhance productivity, and create seamless integrations between various applications and systems.

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Analyst Insight: Global Payroll Rising: Workday Product Announcement & Event Recap

3Sixty Insights

Event Recap Workday recently held the 15th annual session of its Workday Rising client conference. This year, the popular fall HCM technology event returned to San Francisco, the host city for the first-ever Workday Rising event in 2007. This year’s Workday Rising event was bigger than ever, drawing over 15,000 in-person and virtual attendees from across the Workday ecosystem.

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Hybrid working and flexibility seen as drivers of successful employee experience

Workplace Insight

A new report claims that while 90 percent of businesses see the enablement of remote and hybrid working as having a positive impact on their bottom line, less than half (48 percent) of organisations strongly agree that employees have access to the technology they need to work well both at home, and in the office. The report from NTT claims that approximately 56 percent of hybrid workers spend half the work week at the office.

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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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3 things employers can do to support working parents

Employee Benefit News

Engage in a dialogue about what benefits are most important, implement family focused offerings and adopt policies that will have a financial impact.

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OrgChart

HR Lineup

OrgChart is a cutting-edge organizational chart software that revolutionizes the way businesses visualize and manage their organizational structures. In a rapidly evolving corporate landscape, where adaptability and clarity are paramount, this tool empowers organizations to create, update, and share dynamic visual representations of their hierarchy, ensuring a seamless understanding of roles, responsibilities, and relationships within the company.

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Marco Pezzani: Could employers do more to support the mental health of staff?

Employee Benefits

Mental health is complex. It can be affected by several factors, and there isn’t a ‘one size fits all’ approach that works for everyone. We all experience mental health in a different way, depending on our identity. Ricoh UK’s wellbeing strategy has been designed with this complexity in mind. It takes a robust view of what wellbeing means to different people and incorporates aspects of emotional, physical, social and financial wellbeing.

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Employers struggling to keep pace with AI adoption

Workplace Insight

While the use of AI tools in the workplace is rapidly increasing, many organisations are lagging in providing guidance and training in the use of these technologies, according to new survey commissioned by Ricoh Europe. This governance gap comes amidst growing interest within companies to implement automation solutions. The poll of 6,000 workers across Europe, conducted by Opinium, suggests there is a gap between workers’ use of emerging technologies and organisations’ efforts to su

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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.