Wed.Jan 31, 2024

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Employee development: Why it matters and how to get started

Achievers

Every company wants a workforce where every employee has the skills and knowledge needed to thrive and achieve business goals. But even organizations that attract and retain the best talent available won’t have perfect alignment between employees’ capabilities and organizational requirements — especially as time goes on and new trends and opportunities emerge.

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Make employee wellbeing a continuing conversation

Employee Benefits

Time To Talk Day takes place in many workplaces across the UK at this time of the year. It’s billed as the nation’s biggest conversation about mental health. However, if all you do is pay lip service as it hits the calendar and talk for one day, there’s little value. So how do you turn it into a conversation that lasts? Create an open culture Recognising that employees are people and not simply workers and understanding how they are feeling is one of the most fundamental aspects of running a bus

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What is the Affordable Care Act (ACA)?

PeopleKeep

Before 2010, securing health insurance coverage as an individual in the U.S. was challenging. Expensive premiums, costly out-of-pocket expenses, pre-existing condition restrictions, and limited plan options left 46.5 million Americans without health insurance 1. These complications impacted the individual market, as well as employers who were considering offering health benefits at their organizations.

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How ERGs can influence your benefit strategy

Employee Benefit News

Progyny's VP of people and head of DEI shares how employee resource groups have the potential to drive businesses forward

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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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Best states for an HRA

PeopleKeep

Health reimbursement arrangements (HRAs) have become increasingly popular among business owners as a cost-effective alternative to traditional group health insurance. With an HRA, employers can reimburse employees for their health insurance instead of buying them coverage.

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Microsoft Layoffs Ensue: The Trend of Job Cuts Persists Into 2024

HR Digest

Taking the fun out of gaming, announcements about Microsoft layoff plans are now making the rounds, with the company narrowing down on their Xbox, ZeniMax, and Activision Blizzard employees this time. According to reports, Microsoft is planning to lay off 1900 employees from its 22,000-strong gaming workforce to better align themselves with their strategy to support their growing business.

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How to manage negative employees and turn their behavior around

Business Management Daily

On the surface, Loretta looks like an ideal employee. She consistently gets her work done correctly and on time, sometimes even taking on additional assignments during busy seasons. She’s rarely late, dresses professionally, maintains good hygiene, and bakes a dreamy banana bread for the monthly potluck breakfast. Why, then, do team members often try to stay away from Loretta?

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Employee Recognition Badges for Digital Recognition: Ideas & Examples

Vantage Circle

Employee recognition is vital for boosting morale, engagement, and retention in any organization. Employee Recognition Badges for Digital Recognition provide a visible, shareable way to acknowledge contributions, milestones, wins, values, and more. In this blog post, we’ll explore ideas and examples of using digital badges for employee recognition programs.

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Rethinking Retirement: Addressing The Gap Between Employee Needs & Employer Actions

Wellable

With less than half of workers confident in their retirement savings, employers must rethink financial well-being within their workforce. The post Rethinking Retirement: Addressing The Gap Between Employee Needs & Employer Actions appeared first on Wellable.

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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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Continuing to Climb: Jim Morrisroe is 15Five’s New CEO

15Five

I’m filled with gratitude and optimism as we make a leadership change at 15Five. After co-founding this company nearly 14 years ago, I’ve decided now is the time to transition into the Executive Chairman role. Jim Morrisroe, our Chief Operating Officer, will take the reins as CEO. As I’ve reflected on our progress at 15Five and our mission to help HR leaders drive results through human-centered leadership and management, I’ve decided I can deliver the biggest impact in the Executive Chairman rol

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SAP employees are protesting RTO mandates

Employee Benefit News

The German software company's employees are threatening to look for other jobs rather than return.

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Revolutionizing Performance Management with 15Five’s AI Assisted Reviews

15Five

It’s no secret that people still hate performance review season. According to Gallup , only 2 in 10 employees strongly agree that their performance is managed in a way that motivates them to do outstanding work. And 95 percent of managers are dissatisfied with their organization’s review system. At 15Five, we believe it’s possible to actually enjoy the review process and help employees grow while easing the burden placed on managers and HR leaders — crazy, right?!

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Decisive Victory: ERISA Class Action Dismissed with Prejudice

McDermott Will & Emery Employee Benefits

In 2016, Inland Fresh Seafood Corporation of America established an employee stock ownership plan (ESOP), a type of defined contribution employee benefit plan. The ESOP then purchased 100% of Inland Fresh stock from Inland Fresh’s former shareholders. Since the ESOP was founded, it has provided substantial benefits to Inland Fresh’s employee participants.

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New American Cancer Society Cancer Statistics: What Employers Need to Know

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

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90% of employers have open enrollment errors — and it's costing them billions

Employee Benefit News

Brandon Weber, CEO of Nava Benefits, shares why healthcare brokers must audit carrier bills for open enrollment errors.

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How to support employees’ financial wellbeing on a budget

Employee Benefits

To support employees with their financial wellbeing, employers should review the benefits they already offer and check whether staff know how they can help. Implementing financial wellbeing services that include education and coaching is cost-effective. Financial wellbeing support can be tailored to match an employer’s budget and employees’ needs. Close Brothers Asset Management’s January 2024 report Spotlight on UK financial wellbeing found that only half of UK employers have a financial wellbe

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Here's what's really making employees happy at work

Employee Benefit News

Data from wellness platform Wondr Health revealed what kinds of things workers are prioritizing.

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HCRG Care Group provides financial wellbeing for employees’ evolving needs

Employee Benefits

Health Care Resourcing Group (HCRG) Care Group offers employees a diverse range of measures to support their financial wellbeing and to meet their evolving needs. The UK health and care services provider employs more than 5,000 members of staff, including nurses, carers and head office desk workers. In response to the cost-of-living crisis, the group launched a comprehensive support package of tools and initiatives in 2022, designed to meet the needs of its entire workforce, particularly the car

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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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Employee Retention Survey: All You Need To Know (+ Sample Questions)

Vantage Circle

According to the U.S. Bureau of Labor Statistics , an estimated 4 million people in America resign from their current job on a monthly basis. Mastering the art of employee retention has become more crucial than ever. At the heart of this challenge lies the effective use of employee retention surveys. This article sheds light on how these surveys can be a game-changer for organizations seeking to understand and enhance their employee experience.

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Avison Young explores employees’ financial needs to maximise set budget

Employee Benefits

Avison Young ensures it understands the needs of its employees when deciding on what financial support to offer. The global commercial real estate firm has more than 100 offices in 15 countries, and employs 5,000 employees worldwide and 1,500 in the UK. Its financial wellbeing package includes initiatives such as a group pension plan, workplace individual savings accounts (Isas), an online discounts platform, virtual and in-person money masterclasses and one-to-one financial coaching provided by

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10 Key Strategies You Need to Know to Enhance Employee Experience Management

Vantage Circle

Job seekers in the present era have acknowledged the importance of employee experience while job hunting. And organizations are now compelled to prioritize Employee experience management (EXM) and the strategies around it. Investing in EXM offers numerous benefits. These include enhanced employee engagement and increased productivity. It also contributes to cost savings and fosters a positive workplace culture.

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Helen Burgess: How to help break mental health stigma in the workplace

Employee Benefits

Time to Talk Day (1 February 2024) is an annual awareness day that focuses on starting conversations about mental health. The workplace can be fertile ground to get conversations started around mental health to help break the stigma and support employees who may be struggling. On the legal side, an employee who has a mental health condition may be considered disabled under the Equality Act 2010, if their condition has a substantial and long-term adverse effect on their ability to carry out norma

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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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From Support to Success: How Investing in Career Paths Empowers Legal Assistants in Litigation

Professionals Alternative

[link] From Support to Success: How Investing in Career Paths Empowers Legal Assistants in Litigation Ready to elevate your career as a litigation legal assistant? Explore the pathways to growth and benefits awaiting you in this dynamic field. Start charting your course today! For personalized guidance, call us at (713) 572-2100. Introduction to the career path of legal assistants in litigation Working as a legal assistant in the field of litigation is a rewarding and challenging career choice.

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30% offer support for serious illnesses

Employee Benefits

Just one-third (30%) of employers offer support for serious illnesses such as cancer to help their employees stay in or return to work, according to research by industry body Group Risk Development (Grid). Its survey of 500 HR decision-makers at UK businesses and 1,210 workers, which has been published to coincide with World Cancer Day (4 February), also found that of these respondents, 24% of large employers provide support for serious illness including cancer and heart disease, and access to m

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People don’t want to work for firms that can’t live up to their own brand values

Workplace Insight

Businesses that lack clear brand values and a defined company purpose are at risk of losing their employees, according to a new poll from Berkeley Communications [registration]. In an international study looking at workers’ attitudes around company loyalty, the report suggests that three quarters (75 percent) of respondents believe a company’s purpose is an important aspect of their current or prospective employer and 73 percent said the same about their current or prospective employer’s brand v

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Arqiva and Novo Nordisk named healthiest places to work in Britain

Employee Benefits

Credit: JHVEPhoto / Shutterstock.com Communications firm Arqiva, pharmaceutical business Novo Nordisk and global recruitment agency Strativ Group have been named as the healthiest places to work in Britain. Britain’s healthiest workplace 2023 survey was developed by Vitality in partnership with Rand Europe, Aon, University of Cambridge and The Financial Times.

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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