Sat.Oct 12, 2024 - Fri.Oct 18, 2024

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Exclusive: 4% of employees look to employer for financial support

Employee Benefits

Exclusive: Just 4% of employees would approach their employer for financial support , and most would rather rely on family, partners or Google, according to new research by financial wellbeing firm Bippit. The Inclusion Edition 2024 , part of Bippit’s Dynamics in Financial Wellbeing research programme, found that a third (30%) of employees would turn to their family when facing financial worries, 15% would turn to their partner, 10% to Google and 9% to no-one at all.

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Vivid reduces ethnicity pay gap

Employee Benefits

Vivid has reduced its ethnicity pay gap to 0.5% and maintained its equal gender pay gap of 1%. The affordable housing provider has eliminated the pay disparity between white and non-white employees by encouraging recruiters to shortlist as many applicants from under-represented groups as possible who meet essential criteria for job roles. Vivid announced that it closed its gender pay gap last year to 1%, meaning that for every £1 earned by men, women earned 1p more.

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Building Trust Through Transparency: The Total Compensation Statement Sample Explained

COMPackage

In today’s competitive business landscape, fostering trust and transparency with employees is paramount. One powerful tool for achieving this goal is the Total Compensation Statement (TCS). By providing employees with a clear and comprehensive overview of their total compensation package, including both direct pay (salary or wages) and indirect benefits, TCSs can significantly enhance employee satisfaction, loyalty, and engagement.

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Top 10 Global HR Services Providers 2024

HR Lineup

Human Resource (HR) services have become a critical component of business success, particularly in a globalized economy. With the increasing complexity of workforce management, HR service providers offer a wide range of solutions to help businesses attract, retain, and manage talent effectively. From recruitment and payroll processing to compliance and performance management , these HR service providers are integral to the smooth functioning of organizations worldwide.

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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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Tackling today’s HR challenges to stay competitive tomorrow

Insperity

For all the speculation about what the future of work will be like, one could argue that “the future of work” is already here. For the last few years, we’ve all been grappling with rapidly unfolding changes, and these changes have brought new challenges for businesses. As organizations continue to navigate evolving employee expectations, remote work setups and rapid technological advancements, staying competitive means being proactive in addressing these challenges head-on.

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If firms want people to ‘return to office’, they should offer a better experience

Workplace Insight

A new report from the British Council for Offices (BCO) argues that if employers want their staff to ‘return to office’, they need to approach the workplace in the same way they would their customers by creating spaces that offer experiences workers actively seek out. The report, titled Towards Experience Utopia , claims to serve as a comprehensive guide for creating optimal working environments that integrate the best aspects of both remote and in-office work.

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Airbus Layoffs Announced but Cuts Will Not Occur Immediately

HR Digest

After Boeing’s commitment to reorganization plans, Airbus has now announced layoffs. The European aerospace group announced job cuts in the Defense and Space division. The Airbus job cuts will affect 2,500 employees who represent around 7% of the workforce in its second-largest division and 1.7% of its workforce overall. The organization has decided not to pursue immediate restructuring plans and will execute these cuts over time, extending midway through 2026.

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Maine 2025 Withholding Tables Now Available

PayrollOrg

Maine Revenue Services has issued withholding tables that will be effective for wages paid on or after January 1, 2025.

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5 Science-Based Learning Styles for Reaching More Employees During Open Enrollment

Flimp Communications

Open enrollment isn’t just about making choices. It’s about education. To make better decisions, employees need to understand their benefit options. And as an HR team member, it often falls to you to be the teacher. There’s a lot of material to cover. During open enrollment, employees must learn (among other things): The differences between benefit plans and how those differences can impact their health, their family, and their finances.

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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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Want sustainable buildings? Invest strategically in smart technology

Workplace Insight

Strategic investment, innovative technology, and collaboration are essential for achieving sustainability and value goals in the real estate sector, according to a new report from Colliers. The report Realising ESG Performance: The Value-Driven Transformation of Europe’s Built Environment [registration] claims to provide insights into how the real estate industry can embrace sustainable buildings and comply with regulatory demands while creating long-term value.

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Using Technology to Enhance Leadership-Driven Recognition Programs

Vantage Circle

Reviewed by : Saurabh Deshpande - People Culture Expert Key Takeaways The New Age of Personalized Recognition. How you can bridge the gap betweeen distributed teams and enhance transparency and fairness. Building a Recognition Ecosystem with Integrations and Gamification and Interactive Recognition. The Future of Recognition and How AI will play a crucial Role.

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Fully Insured vs Self-Insured vs Level-Funded: What Does It All Mean To The Small Employer?

Fringe Benefit Analysts

 Small employers looking for ways to control their group health insurance costs are more closely examining what it means to be “ fully insured.” These days, employers with as few as 10 full-time employees are exploring other funding arrangements which can allow them more control—or at least more accountability—over their annual premium increases.

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The Benefits of Offering Flexibility in the Workplace: A Wellness Perspective

Flimp Communications

The 9 to 5 workday, an arduous commute, limited vacation days, the need to request personal time to see the doctor or attend a school play — just a few years ago, these rigid and restrictive features of the working life seemed inevitable. But in the aftermath of the COVID pandemic and motivated by the priorities of younger working generations, the shape of work in the 21st century is rapidly evolving to allow more flexibility than ever before.

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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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Starting with ‘Why’: Building a Successful B2B SaaS Go-to-Market Strategy

3Sixty Insights

In the competitive world of B2B SaaS, understanding the core reason why your product exists is more than a philosophical exercise—it’s a strategic imperative. While features and functionalities are important, they are merely tools to fulfill a deeper mission. Starting with why helps you articulate your purpose, resonate with your target audience, and align your team towards common goals.

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Excess Mortality

Florida Workers' Comp

The idea of "excess mortality" first came to my attention during the Great Panic. Undoubtedly, a great many people died during that time. There have been disagreements voiced in academia regarding whether some people died who had contracted SARS-Cov-2 or whether there was proof that SARS-CoV-2 killed those people. The distinction is perhaps only of academic interest.

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The New Caregiver Benefits: Precision Support Through Expanded Understanding

International Foundation of Employee Benefit Plans

Caregiving is not merely a personal responsibility; it is an essential societal function. Research has found that 73% of all employees1 have some current caregiving responsibility—whether caring for aging parents, supporting a loved one through illness or raising a child—requiring them to […] The post The New Caregiver Benefits: Precision Support Through Expanded Understanding appeared first on Word on Benefits.

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The top 5 benefits, according to each generation

Employee Benefit News

Research found that while benefits like retirement and flexibility are valued by all groups, mental health support and long-term care are more age-specific.

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Reduce Bias in Hiring: Structured Interview Questions for Employers

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!

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Best Practices for Effective Leave Management in Today’s Workplaces

Qandle

Effective leave management is vital for maintaining a productive and harmonious work environment. Whether it’s vacation, sick leave , or parental leave, managing employee time off efficiently ensures smooth operations, boosts morale, and helps prevent scheduling conflicts. However, the growing focus on remote work and flexible schedules has rendered traditional leave management approaches inadequate.

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Name one Litela?

Florida Workers' Comp

There is no such hurricane Litela. That title is a satirical reference - read on. In the 1970s, comedian Gilda Radner played a variety of characters on the late-night Saturday skit show. It was a time of irreverence and satire. Perhaps her best-known caricature was Emily Litela. This editorialist was on the satirical news and prognosticated at length about her emotions, feelings, and analysis.

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3 in 4 Workers Would Accept Lower-Pay for Better Benefits: Survey

InterWest Insurance Services

A new study has found three out of four U.S. workers would accept a job with a slightly lower salary if it offered better health care and medical coverage. The main driver in workers prioritizing benefits is the rapidly rising cost of group health insurance premiums and out-of-pocket costs, according to the study by Voya Financial. Besides looking for better health coverage, there’s growing interest among employees for voluntary benefits that can buffer health care costs, like critical ill

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Work stress is an energy-depleting multigenerational crisis

Employee Benefit News

A steady erosion of employees' mental and physical health, as well as personal relationships, compromises productivity, absenteeism, presenteeism and retention.

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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.

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How to Improve Employee Engagement in Retail: Importance, Ideas & Solutions

Vantage Circle

A McKinsey study discovered that the turnover rate in the retail industry is 70% higher than in other industries. This alarming figure raises questions about the working conditions in retail sectors. Are retail employees truly motivated and committed to their workplace? What drives them to leave? Has this always been the case in the retail industry?

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Surprised at Trial

Florida Workers' Comp

I was privileged in September 2024 to preside over two trials at the DOAH Trial Academy in Tallahassee. This is a phenomenal opportunity for lawyers to hone existing skills and gain new perspectives. A vast quantity of imagination was poured into the hypothetical case by organizers, and successful competition requires a commensurate level of imagination by the attorneys.

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Tailoring Your Business Solutions: The Power of Top HRMS Platforms

Qandle

Human Resources (HR) is at the heart of every business. From recruiting new talent to managing employee data, tracking performance, and ensuring compliance, HR plays a pivotal role in maintaining smooth operations. However, as businesses grow and become more complex, manual HR processes can become cumbersome, inefficient, and prone to error. This is where an effective HRMS (Human Resource Management System) can make all the difference.

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In the aftermath of a disaster, Aeroflow put its employees and community first

Employee Benefit News

From securing hotel rooms to offering entire warehouses to FEMA, this CEO is doing all he can following Hurricane Helene.

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The Diversity Reckoning: Can HR Survive Without New Perspectives?

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.