Thu.Jan 18, 2024

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Employees consider work-life balance more important than career ambition

Employee Benefits

Employees admitted they are more likely to consider work-life balance (93%) as important in a job than career ambition (70%), according to new Randstad research. The talent organisation’s latest Workmonitor report, which surveyed 27,000 workers in 34 markets across Europe, Asia Pacific and the Americas, found that staff thought flexibility of working hours (81%) and mental health support (83%) was more important in a role than progression.

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How to Acquire Top Talent in 2024

BerniePortal

Recruiting, acquiring, and keeping the right employees for your organization is the best way to ensure its success. SHRM calls sourcing and recruiting “the meat and potatoes of talent acquisition.” Without effective sourcing and recruiting, your organization is left hungry for talent.

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Cybersecurity: The growing partnership between HR and risk management

Employee Benefit News

It is more critical than ever to ensure that organizations and employees are protected from cyberattacks.

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Why Every Company Needs a Good Employee Benefits Broker

CorpStrat

In the ever-evolving world of business, companies face a multitude of challenges and opportunities. One crucial aspect often swept to the side is Employee Benefits. I would caution you not to overlook your Employee Benefits package as it can have a significant impact, both financially and culturally. An experienced Employee Benefits Broker can ensure you don’t get saddled with a bad plan and face major consequences.

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Balancing Cost and Care: 3 Key Considerations for Cost Optimization in 2024

Discover essential strategies for employers to balance cost optimization with care. The Top priorities for employers in 2024 are retaining talent, growing revenue and sales, and attracting talent. To achieve these goals, employers are turning towards comprehensive total rewards strategies informed by data-driven insights. Hear from industry experts on cost optimization strategies and how to leverage these approaches for a healthier workforce.

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Death and Taxes

Florida Workers' Comp

I am persistently surprised by how we all make personal choices. Each day we are presented with a multitude of alternatives, some more palatable than others. For example, we might decide any day to either walk on the beach or go to work. I so often hear "I have to work," but that is just a conclusion. You only have to pay taxes and die (that is a rough adaptation of Benjamin Franklin's "Nothing is certain except death and taxes").

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RTO or WFH? 6 leaders weigh in on what works best

Employee Benefit News

From fully remote approaches to a commitment to hybrid, industry leaders share how they chose their policies.

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Four Ways to Ensure Your Group HDHP Will Fail

InterWest Insurance Services

With more than half of all private sector employees enrolled in high-deductible health plans , it’s important that employers have in place certain protocols to ensure that they are a success. As health insurance costs have risen, more employers have started offering their employees this option as the upfront premiums are often lower than with other plans.

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Global Labor and Employment Legal Update

McDermott Will & Emery Employee Benefits

Following a dynamic 2023 coupled with a continually evolving legal landscape, employers may feel that they are left with more questions than answers. During a recent webinar, McDermott’s employment team took a dive into the most pertinent legal updates of 2023 and shed light on uncertainties to prepare employers for the year ahead. The discussion […] The post Global Labor and Employment Legal Update appeared first on EMPLOYEE BENEFITS BLOG.

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From Starbucks to cash cards, small perks can boost 401(k) enrollment

Employee Benefit News

Retirement plan sponsors and advisers receive guidance from the IRS on how to legally incentivize plan participation.

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Individual Development Plan Template

There’s no way around it: sometimes employees need your help. Use this free template to clarify expectations, share resources, and set a timeline. Best case scenario, this process helps them improve. Worst case, your great recordkeeping keeps you compliant even if they move on. Download the template today!

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People have some very interesting views about their own productivity, and that of everybody else

Workplace Insight

Just as everybody thinks they are a better than average driver or more intelligent than average , a new survey from HR and payroll software provider Ciphr suggests that employees self-rate their own productivity far higher than they rate other people’s productivity levels. They also think that people working in HR, marketing, and senior management roles are the least productive.

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Gender pay gap in US narrowed to smallest on record last year

Employee Benefit News

Median weekly earnings for women were $1,031 last year, or 83.8% of the typical amount that men were paid.

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British workers don’t want people to think of them as ambitious

Workplace Insight

Ambition is a word now out of favour in the British workplace, according to Randstad’s latest global Workmonitor survey [registration] with workers in the UK less willing to describe themselves as ambitious than workers in other countries. The research, which surveyed 27,000 workers in 34 countries across Europe, Asia Pacific and the Americas, shows that while more than half (56 percent) of workers globally consider themselves to be ambitious, only 42 percent of workers in the UK do.

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How this company saved over $5 million with a self-funded health plan

Employee Benefit News

Nebraska Furniture Mart and Centivo teamed up to rethink their health plan design.

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The Ultimate Performance Review Checklist

Performance reviews are a proactive way to engage with your employees, provide clear communication about expectations, and acknowledge them for their hard work. But getting the right framework and creating consistency across your organization can be tricky. We put together this checklist to help you evaluate your current performance review process and equip managers with the right tools to perform individual assessments.

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Mondelez International names new chief people officer

Employee Benefits

Mondelez International has appointed Stephanie Lilak executive vice president and chief people officer. Lilak will be responsible for overseeing the firm’s human resources function worldwide , which includes talent management, leadership and capability development, compensation and benefits, change management, employee relations, and diversity, equity and inclusion.

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The tech industry is still failing Black workers. Here's why

Employee Benefit News

A tech expert explains how companies can make their DEI initiatives more impactful.

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Capita withdraws from real living wage rate

Employee Benefits

Capita has become the latest employer to withdraw from the real living wage scheme after the recommended rate increased by 10% two years in a row. The outsourcing firm said that employees currently paid the real living wage, which is recommended by the Living Wage Foundation and takes the cost of living into account, will still receive more than the national living wage , which is set to increase to £11.44 in April.

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5 Trends Shaping The Future Of Employee Wellness

360PEO Inc.

Discover the future of employee wellbeing. From mental health strategies to tech-driven solutions and flexible work arrangements, this piece explores 5 trends shaping the workplace of tomorrow. The post 5 Trends Shaping The Future Of Employee Wellness appeared first on 360PEO Inc.

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Want To Enhance Your Total Rewards To Achieve Organizational Success? Start Here.

Are you looking for ways to enhance your employee value proposition? Gallagher Better Works SM Insights has got you covered! Dive into the latest magazine issue and discover how flexibility, equity, recognition and strategically applied resources can improve your total rewards package. Download the PDF to learn more about: Building retirement benefits for a global and mobile workforce Promoting employee and organizational growth through succession planning Empowering women in leadership through

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What Is Transformational Coaching & How It Can Change Lives

BetterUp

Jump to section What’s transformational coaching? The benefits of transformational coaching What to expect from the transformational approach Who should seek transformational coaching?

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Entries now open for the Sustainable Design Collective Annual Awards

Workplace Insight

The Sustainable Design Collective (SDC) – a think tank of leading design professionals working in the office workplace sector – has opened entries for its annual awards. The announcement follows confirmation of the dates for the second SD Forum to be held on 25th April at the Crypt on the Green in Clerkenwell, London. Free to enter, the Awards are designed to champion ‘best practice’ and highlight innovations leading to greater sustainability within the office workplace.

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Each Person Joins Forces with the Royal National Orthopaedic Hospital to Elevate Their Employee Experience

Employee Benefits

Each Person , a leading employee reward and recognition solutions provider, is thrilled to announce its partnership with The Royal National Orthopaedic Hospital. This collaboration is about creating a work atmosphere that truly fosters and supports the growth, development, and overall wellbeing of its exceptional team members. The Each Person platform aims to empower The Royal National Orthopaedic Hospital to applaud its staff’s unwavering dedication and hard work with a fully customisable

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AI in Recruitment: Explained with Benefits

Hppy

Artificial Intelligence has been on everyone’s lips, especially after the release of ChatGPT. Businesses have been using AI for creating content, an ISP – Kinetic Windstream uses AI in customer support, and clothing brands use it for virtual trials. But does AI in the process of HR and recruitment sound a little off the chain? Well, no, not at all.

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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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SmartPay… the cost-neutral employee benefit you need in 2024

Employee Benefits

Employee retention remains a business priority as we step into a new year. Our research found that almost half of UK employees say they’re likely to look for a new role in 2024. Financial wellbeing benefits and incentives were at the top of the list of ways to persuade them to stay. Budgets are tight, and HR managers are trying to do more with less.

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An Unconventional Way to Cruise: Seven Advantages

Money Talk

The Wall Street Journal recently published an article with an intriguing title: “The Secret to Sweet Dreams May Be Not to Sleep Together.” It described the not-so-uncommon situation of couples who sleep apart as a result of issues such as snoring, tossing and turning, insomnia, and CPAP machine noise. What happens, however, when couples who sleep apart at home (or friends) go on a cruise and are confined together to a 200 to 300 square foot cabin for days?

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Optagon Group becomes employee owned

Employee Benefits

Credit: The Optagon Group Optagon Group has become employee owned through an employee ownership trust model. Based in Coventry, Optagon owns and operates brands such as flat roofing materials specialist Rubber4Roofs, Roof Depot, SkyGuard and Kitbuildr. Its 50 employees now own the majority of the firm and have a meaningful stake in its future success.

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What is a Turnover Rate?

15Five

Excessive turnover can cripple an otherwise healthy organization. While all organizations have to accept some level of turnover, too much of it can significantly affect performance. Not only can replacing an employee cost 33% of their annual salary , but watching people leave constantly can tank morale for everyone else. That’s why knowing what a turnover rate is and keeping track of it is important for HR departments.

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An HR Leaders Guide: 7 Questions To Ask When Developing Your Cancer Strategy

As HR and Benefits leaders are in the midst of evaluating cancer care solutions and designing their requirements for vendors, it’s key to know what questions to ask to ensure the development of a truly comprehensive strategy: from prevention to diagnosis to treatment to survivorship. Getting to the right answers starts with asking the right questions: How can better access improve engagement?