Tue.Jun 27, 2023

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The Four-Day Workweek—A Real Option for Employers or Hype? Three Takeaways

International Foundation of Employee Benefit Plans

A four-day workweek is not a new concept as employers have been using alternative work schedules in various ways for decades. In the past several years, employers have taken a fresh look at enhancing workplace flexibility and work-life balance. Given this renewed […] The post The Four-Day Workweek—A Real Option for Employers or Hype? Three Takeaways appeared first on Word on Benefits.

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Medtronic accredited as menopause-friendly employer

Employee Benefits

Global healthcare technology organisation Medtronic has been awarded menopause-friendly accreditation due to its ongoing work to support its workforce. The accreditation, which was established by Henpicked: Menopause in the Workplace, recognises high standards and proven practices that embrace menopause in the workplace. In order to be accredited, employers are assessed by an independent panel and must demonstrate evidence of their effectiveness in the areas of culture, policies and practices, t

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3 Considerations When Electing Commuter Benefits

Benefit Resource Inc.

Part Two: What employees should consider when electing commuter benefits. Commuter benefits provide employees with a number of advantages. When electing commuter benefits, it is important to consider your tax savings, eligible expenses and flexibility. #1 Tax Savings If your company provides a commuter benefit plan, you have the opportunity to save on your daily commute.

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FINANCIAL WELLBEING SERIES: BOOST PRODUCTIVITY WITH FINANCIAL WELLBEING BENEFITS

Employee Benefits

“Employee financial well-being, as a state of both emotional and physical well-being, produced by a set of conditions and abilities. It includes making the most of an adequate income to enjoy a reasonable quality of life and having the skills and capabilities to manage money well, both on a daily basis and for the future”. (CIPD) This definition of end-to-end financial wellbeing includes giving employees the tools and education they need to manage their money better and the opportunity to stretc

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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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Workplace Safety

Florida Workers' Comp

They will speak of the Titanic for eons to come. For whatever reason, there is a fascination with that tragedy of over 100 years ago. It has been a staple of the big screen, literature, and more. The good netizens that curate Wikipedia can attest to that. It is not a mystery. The cause of the sinking is long since solved. The damage to the ship, the culprit iceberg, the romance of the stone, all settled.

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Talent Planning: A Complete Guide

HR Lineup

In today’s highly competitive business landscape, organizations must prioritize talent planning to thrive and stay ahead of the curve. Talent planning involves identifying, acquiring, developing, and retaining skilled individuals who can contribute to the organization’s success. It is a strategic process that aligns an organization’s workforce with its business objectives.

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10 most wanted employee benefits of 2023

Employee Benefit News

Online job search platform Lensa found and ranked the workplace changes workers want the most based on how much they're Googling them.

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New York Legislature Passes Noncompete Ban and Awaits Governor’s Signature

McDermott Will & Emery Employee Benefits

The New York State Legislature recently passed a bill that will prohibit employers from entering covenants not to compete with their employees and contractors. The bill specifically exempts nondisclosure and client nonsolicitation agreements, but it is silent on employee nonsolicitation agreements and sale of business restrictions. Read more here. The post New York Legislature Passes Noncompete Ban and Awaits Governor’s Signature appeared first on EMPLOYEE BENEFITS BLOG.

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The workplace as a safe space: 5 ways to help LGBTQ employees thrive

Employee Benefit News

Employee experience expert Dave Wilkin discusses active ways leadership can demonstrate personal and professional support in a time of social unrest.

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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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How To Improve Collaboration in the Workplace

Employee Benefits

Teamwork makes the dream work, right? We all know that teamwork is an important part of a successful workplace. Whether you’re a solo entrepreneur or working in a large corporation, collaboration is essential for many aspects of work. So, what makes collaboration important within the workplace? We’ll outline why teamwork is more vital than ever in our ever-changing remote world.

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Manufacturing and Environmental Sustainability

AssuredPartners

The manufacturing sector plays a significant role in overall environmental impacts. The industry consumes natural resources on a global scale, as well as waste generation and greenhouse gas emotions. The manufacturing industry must seek methods to reduce its impact to promote long-term sustainability. Here are some key aspects and strategies related to manufacturing and environmental sustainability: Resource Efficiency: The manufacturing industry has adopted Lean Manufacturing as a business stra

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Parfetts awards 4% sales growth bonus to staff

Employee Benefits

Cash and carry business Parfetts has awarded its 1,000 employees a 4% sales growth bonus as part of its Employee Ownership (EO) Day (23 June) celebrations. This is higher than the 2% bonus that employees received in 2022, along with a £500 cost-of-living bonus. Employees at eight of Parfetts’ depots enjoyed music, free pizza and fun activities to celebrate EO Day, which was introduced to celebrate and raise awareness of the benefits of employee ownership.

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How Your Company Can Offer Work-Life Balance

Assurance Agency

Recently, significant shifts in employee demands have companies looking for new strategies to support the well-being of their workers. Many organizations are struggling to adapt and adopt practices that reflect what workers want out of their jobs, including flexible work schedules, mental health support and advanced learning opportunities. However, many companies have also come to realize that implementing new benefits alongside offering work life balance is essential to standing out amongst com

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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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Advantages of offering telemedicine as an employee benefit

Higginbotham

After experiencing a pandemic-powered surge in popularity, telemedicine is here to stay. Employers can no longer ignore the many advantages of offering telemedicine as an employee benefit. Potential Benefits of Telemedicine Budgets are tight. If you’re thinking about adding to your benefits package, you want to make sure it’s worth the investment. Telemedicine deserves your attention.

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For HDHPs, IRS Confirms Pre-Deductible COVID-19 Testing Coverage Will End Next Year

Proskauer's Employee Benefits & Executive Compensa

In the most recent sign that special COVID-19 benefit plan rules are drawing to a close , last Friday, the IRS issued Notice 2023-37, which clarifies the scope of COVID-19 testing and treatment that can be provided on a pre-deductible basis under a high deductible health plan (HDHP) without impacting a participant’s ability to contribute to a health savings account (HSA).

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Adding a Newborn to Your Insurance Coverage

BerniePortal

While having a new baby brings so much joy to parents, it can also bring some stressors! Ensuring that their baby is covered under health insurance does not need to be one of them. As an HR professional, you've probably fielded questions from new or soon-to-be parents about health insurance for their babies. Or, if you're new to the HR world, you are likely to receive these questions in the future.

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How Administrative Jobs Can Propel New Grads Towards Career Excellence

Professionals Alternative

[link] The Road to Success: How Administrative Jobs Can Propel New Grads Towards Career Excellence Introduction: The Importance Of Administrative Jobs For New Grads As a new graduate, stepping into the professional world can be both exciting and overwhelming. The transition from the academic realm to the workforce requires careful consideration and planning.

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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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How to post a job on Indeed: Step by step guide

Business Management Daily

Indeed is one of the most popular job boards for small businesses and large corporations alike. The career site is one of the most popular places for professionals to find a new job, and posting a job on Indeed is an excellent way to get your open positions in front of a wide audience. It’s also one of the most affordable job posting platforms and has minimal limitations on free job postings.

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Understanding the power of mindset and what it can do for you

Workplace Insight

An individual’s mindset influences everything that they do. Built around a set of established values, beliefs, and attitudes, your mindset frames your outlook and guides your behaviour, demarking your perceived limitations. It’s something that influences every area of our lives, from the relationships we form to the way we approach challenges and change.

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Tap My Back

HR Lineup

Tap My Back is an innovative employee recognition and feedback platform designed to enhance workplace engagement and foster a culture of appreciation. With its user-friendly interface and intuitive features, Tap My Back provides organizations with a powerful tool to acknowledge and motivate their employees, ultimately leading to increased productivity and job satisfaction.

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Workplace Wellbeing Made Simple: Part One

Sodexo Engage

Simplifying the concept of workplace wellbeing to help businesses make the most of their employee benefits offering and employee wellbeing initiatives.

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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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KaiNexus

HR Lineup

KaiNexus is a powerful software platform that revolutionizes the way organizations manage and improve their processes. It is designed to streamline continuous improvement efforts, engage employees at all levels, and drive sustainable growth. With its comprehensive set of features and user-friendly interface, KaiNexus empowers teams to collaborate effectively, track progress, and achieve operational excellence.

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3 leaders share the secret to good management

Employee Benefit News

Three leaders reveal their approach to management and why it works.

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GivingTrax

HR Lineup

GivingTrax is an innovative and comprehensive platform designed to revolutionize corporate social responsibility (CSR) and philanthropy. It serves as a powerful tool for companies to manage and track their charitable giving initiatives, engage with nonprofit organizations, and measure the impact of their social investments. With its user-friendly interface and robust features, GivingTrax empowers organizations to make a difference in their communities and create a positive social impact.

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5 steps employers can take to address millennials' surprising healthcare needs

Employee Benefit News

Generational analysis shows growing need for plans to champion health literacy and reduce health system burden.

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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?