TalentCulture - Employee Benefits

OCTOBER 10, 2023

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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Employee Benefits

OCTOBER 11, 2023

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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PeopleKeep

OCTOBER 11, 2023

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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Health Insurance Insurance 52

McDermott Will & Emery Employee Benefits

OCTOBER 11, 2023

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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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

Retirement Plan

Employee Benefits

OCTOBER 11, 2023

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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Money Talk

OCTOBER 11, 2023

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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Achievers

OCTOBER 11, 2023

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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Health Recruitment IT 169

Employee Benefits

OCTOBER 9, 2023

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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PayrollOrg

OCTOBER 13, 2023

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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Payroll 104

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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.

3Sixty Insights

OCTOBER 9, 2023

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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Global Payroll Payroll Technology IT 113

Workplace Insight

OCTOBER 12, 2023

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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Technology IT 111

Insperity

OCTOBER 10, 2023

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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Employee Benefits

OCTOBER 9, 2023

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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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

Employee Wellness

Employee Benefit News

OCTOBER 11, 2023

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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Employment Employee Benefits 119

Workplace Insight

OCTOBER 10, 2023

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

Employment 111

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Best Money Moves

OCTOBER 13, 2023

What are employee wellness initiatives? Wellness initiatives can give your benefits plan a powerful boost. Here are 5 key initiatives to try for your team. Eighty-seven percent of employees consider health and wellness benefits when choosing an employer, according to a study by recruiting website Zippia. Adding wellness initiatives programs to your benefits package can provide your company an advantage in attracting talent over your competitors.

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Employee Benefits

OCTOBER 10, 2023

1. Start with a mental health statement A mental health statement is a written declaration shaped by your organisation that demonstrates your commitment to all mental health matters. It’s a first step towards breaking down the walls of stigma and creating a workplace culture that genuinely cares about the emotional health of its people. The statement should embody your commitment to creating a safe and supportive environment where employees can share their mental health experiences without fear

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Education Employee Benefits Management IT 110

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!

Employment

Employee Benefit News

OCTOBER 13, 2023

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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Insurance Healthcare 115

Workplace Insight

OCTOBER 9, 2023

New data from Generation , an employment non-profit, and the Organisation for Economic Co-operation and Development (OECD), claims that employers need to radically rethink how they approach midcareer and older workers. The Midcareer Opportunity: Meeting the challenges of an ageing workforce report outlines insights from OECD data and from an eight-country survey of thousands of employers, job seekers, and employees in Europe and the US.

Education 111

Education Recruitment Technology Employment 111

McDermott Will & Emery Employee Benefits

OCTOBER 12, 2023

Illinois recently amended its Equal Pay Act to require employers with 15 or more workers to include pay and benefits information for each covered job posting. There is, however, a delayed start date: This amendment will take effect on January 1, 2025. Learn more here. The post Illinois Mandates Pay and Benefits Information for Job Postings appeared first on EMPLOYEE BENEFITS BLOG.

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Employee Benefits

OCTOBER 11, 2023

Housing association Aster Group employs more than 1,600 people across a range of roles including development, planning, marketing, customer liaison and sales. The organisation uses focus groups, anonymous feedback and regular pulse surveys to ensure that its benefits scheme applies to everyone. Lyndsay Nickerson, transformation director, people and communications, says: “While surveys are a great way of reaching lots of people, we know they don’t reach everyone easily and they only give us one l

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Voluntary Benefits IT Life Insurance Pension 105

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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.

Best Money Moves

OCTOBER 10, 2023

3 ways financial stress impacts employees. Find out how financial stress may be affecting your workforce, and impactful ways companies can help. More than 2 in 3 adults cite inflation, money and/or the economy as a leading source of stress, according to a report from the American Psychological Association (APA). Consequently, over time, financial stress can end up causing physical, emotional and mental health issues for employees of all ages.

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Workplace Insight

OCTOBER 10, 2023

A new report from workplace consultancy Advanced Workplace Associates (AWA) suggests that organisations could introduce a licensing system to ensure employees have the conditions to deliver high performance and work safely, in a hybrid working model. This follows AWA’s most recent Hybrid Index Report, a study of nearly 120 workplaces in 22 countries, representing 155,000 employees, which found that workers are still only coming into the office an average of 1.75 days a week.

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Health and Welfare Work From Home Consulting Management 110

Wellable

OCTOBER 10, 2023

Is 85% the magic number for productivity and success? Explore the science behind the 85% approach and strategies to turn this theory into practice. The post Giving 85% Is The New 100%: The Secret To Sustainable Productivity appeared first on Wellable.

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Employee Benefits

OCTOBER 11, 2023

Mobility app Freenow has introduced new benefits that will give all of its 10,000 UK taxi drivers access to accident and sickness insurance, and compassionate and parental leave. Through a partnership with workplace rewards platform Onsi, formerly Collective Benefits, Freenow employees will be able to access accident and sickness insurance, including accidental death and permanent disablement.

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Parental Leave IT Pension Retail 105

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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