Wed.Jan 24, 2024

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Cancer survivor and caregiver: The workplace benefits that supported this VP

Employee Benefit News

Lesli Marasco, VP of global benefits and well-being at AbbVie, shares her story as a cancer survivor and caregiver for her parents after their cancer diagnoses.

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Chance to retrofit offices is going begging, report claims

Workplace Insight

The UK Green Building Council (UKGBC) has launched new guidance on retrofitting large office buildings. Setting out the most cost- and carbon-effective retrofit measures in the immediate and longer term, the guidance reframes retrofit as an iterative process rather than a standalone project. UKGBC has found that significant opportunities are being missed by office investors, owners, and occupiers who do not have clear strategies to retrofit offices in place.

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Does crypto currency have a role to play in employers’ pay strategies?

Employee Benefits

Need to know: Crypto currency is still unusual in pay strategies with early adopters predominately technology businesses and the professional services firms that support them. Crypto currency is subject to income tax when an employee receives it but could also incur a capital gains tax charge if they hold it for more than 30 days. The growth of digital and micro payments over the next 10 years could see crypto currency become more common in pay strategies, especially for incentive schemes and gl

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What is an exclusive provider organization (EPO) plan?

PeopleKeep

Choosing the right health insurance plan can be a complex decision. With so many options available for employers and individuals, it’s important to educate yourself about the different types of plans available.

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Improving Access To & Utilization Of Cancer Screening With Color

Discover how Color's comprehensive care solution is revolutionizing cancer screening adherence and knowledge. Through an in-depth case study, Color's unique approach to comprehensive cancer care has shown significant benefits in increasing screening rates and enhancing patient knowledge. Participants reported a 2-3x increase in adherence to screening guidelines over just 8 weeks, with 84% of participants increasing their familiarity with timing and frequency of cancer screening.

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Taylor Wessing includes crypto tokens in recognition programme

Employee Benefits

Global law firm Taylor Wessing introduced an incentive programme in 2023 , enabling its UK lawyers to award, trade and redeem crypto tokens, known as LAW Tokens. Paul Thorpe, a partner at Taylor Wessing and one of the leads on the initiative, says there are several reasons behind the programme. “We’re a leading legal services firm for blockchain companies so it shows our clients we understand and back the technology,” he explains.

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50+ Employee Engagement Activities for Modern Teams (2024 Edition)

Vantage Circle

With unexpected upheaval reshaping workplaces, actively nurturing employee engagement has become mission-critical. However, traditional engagement activities often ring hollow to workers demanding flexibility, purpose, and authenticity after the pandemics seismic shifts. That is why we compiled this expanded 2024 edition outlining over 50 innovative employee engagement activities tailored to modern teams.

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When is hiring season?

PeopleKeep

In today's competitive labor market, you have to stay ahead of the game when it comes to recruitment. The hiring season refers to the peak times when job seekers actively search for new opportunities and companies seek to fill vacant positions. Understanding when the hiring season occurs can give you a competitive edge in attracting top talent.

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6 ways to plan for a bright future beyond renewals

Employee Benefit News

Employee benefit brokers are well-positioned to provide ongoing value to their employer clients well beyond the annual open-enrollment period.

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Digital Coaching and Its (Surprising) Effectiveness

BetterUp

Picture your employees satisfied, committed, feeling good and performing better and better every day. It’s possible with the help of digital coaching. "How," you ask? Digital coaching, often referred to as virtual coaching or mobile coaching, can help raise the bar for your organization, your culture, and your employees' performance and satisfaction.

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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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The best benefits employees need to manage their finances in 2024

Employee Benefit News

The CEO of Addition Wealth shares what's in store for employees' finances this year — and what it means for employers.

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5 Key Takeaways From 2024 Employee Wellness Industry Trends Report

Wellable

Wellable’s 2024 Employee Wellness Trends Industry Report reveals crucial insights for employers to make informed wellness strategies and benefits decisions. The post 5 Key Takeaways From 2024 Employee Wellness Industry Trends Report appeared first on Wellable.

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Lyft's head of benefits shares the moment when benefits became personal

Employee Benefit News

Tanner Brunsdale realized his passion for helping others early on. A scary diagnosis and a path to parenthood have only made his resolution for impact through HR stronger.

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Managing Your Workforce During Market Volatility: Labor and Union Issues

McDermott Will & Emery Employee Benefits

Corporate transactions and investments involving union issues require concrete analysis of risk, contingencies and game plans. In a January 31, 2024, webinar, McDermott’s Labor and Employee Benefits Groups will focus on practical steps and strategies to successfully navigate and evaluate key considerations for transactions involving unionized businesses.

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From Prevention to Remission: How HR Can Support Employees Facing Cancer Diagnoses

Explore the latest insights from the American Cancer Society's “Cancer Statistics 2024” report, which unveils multiple alarming trends in cancer data. Cancer is on the rise among young adults, and diagnoses for 6 of the 10 most common cancers are escalating. With over 2 million new cancer cases projected in the U.S. this year, employers face increased challenges when it comes to supporting employees.

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Launching a Skills-Powered Organization Through the Use of Skill-Based Frameworks

Pacific Prime

The world is in continuous evolution thanks to technological and economic challenges. As such, organizations are compelled to make way for more skilled-based practices by implementing flexible and agile workforce arrangements, skill development, and the prioritization of agile methodologies. Shifting towards a more skills-based strategy enables organizations to quickly respond to more pressing matters, giving.

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Eden Hotel Collection awards staff for long service

Employee Benefits

Boutique hotel group Eden Hotel Collection has recognised 50 of its employees who have been in their roles for five years or more at a long-service awards ceremony. The group employs more than 425 staff across its hotels, which include The Arden Hotel in Stratford-upon-Avon, The Greenway Hotel and Spa in Cheltenham, Brockencote Hall Hotel in Kidderminster, Mallory Court Hotel and Spa in Leamington, and Bovey Castle in Devon.

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Proof of Investment Submission: Employer’s Guide to Processing POI

HR Lineup

Proof of Investment (POI) submission is a crucial aspect of managing employee benefits and financial transactions within an organization. Employers play a pivotal role in ensuring the accuracy and completeness of these submissions. This guide aims to provide employers with comprehensive insights into the process of handling Proof of Investment submissions, highlighting key considerations, best practices, and potential challenges.

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Lloyds Banking Group reports 5.7% mean ethnicity pay gap

Employee Benefits

Credit: William Barton / Shutterstock.com Lloyds Banking Group has reported a 5.7% mean ethnicity pay gap for 2023, which is a 1% increase on its 2022 figure. The group’s median ethnicity pay gap was 12.5%, remaining the same as 2022’s figure. Its mean ethnicity bonus gap was 29.2%, which is 17.1% higher from the prior year and its median ethnicity bonus gap was 28.6%, a change of -0.4% from 2022.

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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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Future-Proof Your Legal Career: Mastering In-Demand Skills for Success in 2024

Professionals Alternative

[link] Future-Proof Your Legal Career: Mastering In-Demand Skills for Success in 2024 Introduction to future-proofing your legal career As the legal industry continues to evolve, legal professionals must stay ahead of the curve and future-proof their careers. The landscape of the legal field is constantly changing, with new technologies, practices, and demands emerging.

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2024 Mental Health Trends in the Workplace

BerniePortal

According to SHRM’s 2022-2023 State of the Workplace report , increased mental health services and well being initiatives are among the top five concerns for employers going into the future.

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Depression Casts a Long Shadow Over Employee Productivity

HR Digest

In the relentless churn of the modern workplace, where work-life balance is often a distant dream, it’s easy to overlook the silent toll that mental health struggles take on our productivity and well-being. But a groundbreaking study by TELUS Health shatters this illusion, revealing the staggering impact of depression on the American workforce.

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Dry promotions: Definition, considerations, and guidelines for employers

Business Management Daily

Getting a promotion is an exciting event for employees. Their hard work has paid off and they are being recognized by their employer. However, some of that excitement is probably due to the pay raise that they expect will come with the promotion. But sometimes employers offer promotions without an increase in pay, a growing phenomenon called dry promotions.

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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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ARCHITECT@WORK set to welcome architects and designers to its March show

Workplace Insight

On 20th and 21st March ARCHITECT@WORK London will open its doors at the Truman Brewery and the team are ready to welcome the architecture and design community from London and everywhere else on both days. Discover over 200 carefully selected product innovations brought to you by a selection of high-end brands. Register online and get your visitor badge.

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State of the Nation: Benchmarks and Best Practice to Engage Employees in Volunteering in 2024

Employee Benefits

The climate crisis. Poverty. Loneliness. Homelessness. The world’s problems aren’t going anywhere anytime soon, and governments and charities alone won’t be able to solve them. More and more employees are looking to organisations to be a guiding light of doing good amongst a tumultuous, shifting value system. We’re seeing a once-in-a-generation change of what it means to be a responsible business, and the onus to make a difference in the world has been on organisations for a while.

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Eat the Frog Meaning: Why Do the Hard Things First

BetterUp

Jump to section What does “eat the frog” mean? Eat the frog technique: Does it work? Who should use the eat the frog technique?

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LSAs: A Creative Way to Close Employee Skills Gaps

TalentCulture - Employee Benefits

If you’re a business or HR leader, you’re probably facing an enormous talent management challenge. Employers everywhere are struggling to retain and upskill existing employees, while simultaneously striving to hire skilled people who are prepared to meet future needs. In today’s competitive labor market, it’s an uphill climb, and the situation grows tougher every day.

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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