Tue.Dec 05, 2023

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Change the Conversation: UKG HR and Payroll eSymposium

HR Bartender

Estimated reading time: 6 minutes (Editor’s Note: Today’s article is brought to you by our friends at UKG – Ultimate Kronos Group , a leading provider of HR, payroll, and workforce management solutions. The NelsonHall NEAT report recently named UKG a leader in the next generation HCM technology market. Congrats to them and enjoy the article!) Mark your calendars!

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Flexible workplace provider creates ‘first ever’ metaverse office

Workplace Insight

The flexible workplace provider Clockwise has opened what the firm claims is the first office space in the metaverse, the Clockwise Campus. According to Microsoft, 51 percent of Gen Z expects to be working in the metaverse in some capacity by 2024. The firms say the space is heavily influenced by Clockwise’s physical offices and provides a digital platform for its members and the public to connect, collaborate and interact in various spaces including; meeting rooms, dedicated desks, breakout sp

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53% of British employees would switch jobs for better benefits

Employee Benefits

More than half (53%) of British employees would switch jobs and take the same role elsewhere for better benefits , according to research by emplyee benefits consultancy PIB Employee Benefits. Its Mind the gap survey, in collaboration with YouGov, which surveyed 1,000 employees, highlighted a link between employee benefits and staff retention, and that a competitive benefits package is central to an employer’s value proposition.

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The Proposed MHPAEA Regulations: Comments on Behavioral Health Carve-Out Vendors

McDermott Will & Emery Employee Benefits

This post continues our focus on comment letters submitted in response to proposed regulations under the Mental Health Parity and Addiction Equity Act (MHPAEA). The proposed regulations were issued earlier this year by the US Departments of Labor, Health and Human Services and the Treasury (the Departments). Our previous MHPAEA content is available here.

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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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A new Visa apprenticeship program aims to grow cybersecurity talent

Employee Benefit News

The credit card company is creating avenues for their staff, veterans and talent outside their organization looking to upskill.

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Payroll Process: A Comprehensive Guide to Payroll Processing

Qandle

In any organization, efficient payroll processing is not just about paying employees accurately and on time; it’s a critical aspect of employee satisfaction and regulatory compliance. In this detailed blog post, we’ll explore the key components of payroll processing and how organizations can streamline this complex function. Understanding Payroll Processing: At its core, payroll processing involves calculating employee compensation, including salaries, wages, bonuses, and deductions.

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Job openings hit a two-year low

Employee Benefit News

U.S. job openings hit their lowest level since early 2021, underscoring the gradual cooling in the labor market that the Federal Reserve wants to see.

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Strategic HR Management: Key Pillars for Organizational Success

Qandle

In the dynamic landscape of today’s business world, Human Resource Management (HRM) has evolved from a traditional administrative function to a strategic partner in driving organizational success. Strategic Human Resource Management (SHRM) is a proactive approach that aligns HR practices with the overall business strategy to maximize employee performance and achieve organizational objectives.

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The Secret Word Is

Florida Workers' Comp

The good folks at the world of words recently announced that "the word" in 2023 was "authentic." They provide an explanation that includes the admission that this is "A high-volume lookup most years." But it was the top lookup in 2023 (or at least the part of 2023 that preceded the selection). People are often interested in "authentic." But there was an additional "substantial increase in 2023," which the dictionary world attributes to the present "conversations about AI, celebrity culture, iden

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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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30 Best Self-Care Gifts for Mental Health

BetterUp

Discover the 30 best self-care gifts for mental health. Find out why long-term gifts are best for sustained care of yourself and others.

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Hiring your next CEO? How to recruit executives that will stick around

Employee Benefit News

An expert from advisory firm B. Riley Farber shares her best tips for hiring at the executive level.

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2024 Employee Benefits Trends: Focus on Employee Wellbeing

Best Money Moves

2024 Employee benefits trends: Focus on employee wellbeing. The right benefits strategy is key to employee satisfaction. Here are the top 2024 employee benefits trends. Employee benefits are a driving force keeping your workforce satisfied. A study from the Society for HR Management found that the quality of employee benefits was likely linked to happiness at work.

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Three Ways to Use AI in Employee Benefits

International Foundation of Employee Benefit Plans

It’s open enrollment time, and your plan participants have questions about which health plan they should choose or whether a new voluntary benefit might be right for them. Your benefits staff is stretched thin trying to answer questions. What if you had […] The post Three Ways to Use AI in Employee Benefits appeared first on Word on Benefits.

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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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End-of-year checklist: Update your retirement contributions

Employee Benefit News

Only a third of employees know if they're on track with their retirement savings.

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10 Best Tax Practice Management Software 2024

HR Lineup

In the fast-paced world of taxation and financial management, staying ahead of the curve is crucial for tax professionals. As we step into 2024, the demand for efficient, user-friendly, and comprehensive tax practice management software has never been higher. Tax professionals and firms need tools that streamline their workflows, ensure compliance, and enhance overall productivity.

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The peril of ignoring substance abuse in burned-out workplaces

Employee Benefit News

Exhausted managers do not have the bandwidth to identify and support struggling employees.

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Ontario to Increase Minimum Wage

Global People Strategist

In a significant move aimed at improving the livelihoods of its citizens, the Canadian province of Ontario has announced an increase in the minimum wage. Starting next year, the minimum wage in Ontario will rise to $16.55 per hour, providing much-needed relief for workers across the province. This decision comes after extensive discussions and considerations of the economic landscape and workforce needs.

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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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This hospital's financial benefits ensure its staff doesn't stress about their own medical bills

Employee Benefit News

At Fitzgibbon Hospital in Missouri, a beloved employee benefit helps workers manage medical costs, interest-free.

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Cost and a lack of awareness are barely holding back surge in demand for green real estate

Workplace Insight

The new RICS Global Sustainability Report for 2023 claims that there is growing demand for green real estate in the APAC region, despite ongoing challenges in raising awareness and the higher costs involved. The publication sets out to outlines the state of the world’s green and sustainable real estate and investor interest in acquiring and developing it.

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Learnd launches electric vehicle salary sacrifice scheme

Employee Benefits

Learnd has introduced an electric vehicle (EV) salary sacrifice scheme for 200 eligible employees. The scheme, which is provided by fleet management firm Gofor, was rolled out to employees via a webinar. Learnd staff can view a wide choice of EV options to cater for a range of budgets, including the Tesla Long Range Model Y and Model 3, and also have the ability to compare personal leasing costs with salary sacrifice though a dedicated portal.

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New academic research identifies the four emotional stages of your career. Spoiler – it ends in disillusion

Workplace Insight

Lawyers progress through four distinct emotional stages in their fight to get to the top and secure a coveted partnership role, according to new research from the University of Bath’s School of Management. The study of UK legal professionals showed they progressed from excitement and anticipation at the start of their career, followed by fear and anxiety as they pursue promotion, to pride and joy at having secured a senior post, and finally experiencing disillusionment and disappointment at the

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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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Ikea awards pay increases and year-end bonuses to UK staff

Employee Benefits

Retailer Ikea has awarded its UK employees with pay increases that reflect the cost of living, as well as year-end bonuses based on the last year’s performance in a more than £35 million investment. Hourly-paid staff will receive a 10% pay increase in 2024, while salaried workers will see a rise of 5% on average. This represents an investment of almost £10 million and is in line with Ikea’s commitment to offer a fair and sustainable rate of pay.

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Work notifications make it harder for people to spend time with friends and family

Workplace Insight

Out of hours work notifications on devices are having a significant impact on people’s work-life boundaries, according to a new report from Ring Central. According to the poll, work notifications are on the rise with 31 percent stating that notifications outside of work have increased in the past year. As a result, employees are also feeling the pressure to respond to work notifications immediately (14 percent) or within 1 hour (33 percent).

IT 59
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A Complete Guide on Mastering Payroll Processing

Qandle

In any organization, efficient payroll processing is not just about paying employees accurately and on time; it’s a critical aspect of employee satisfaction and regulatory compliance. In this detailed blog post, we’ll explore the key components of payroll processing and how organizations can streamline this complex function. Understanding Payroll Processing: At its core, payroll processing involves calculating employee compensation, including salaries, wages, bonuses, and deductions.

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New to Benefits Education Series for HR Professionals and Advisors

Benefit Resource Inc.

In the ever-evolving realm of employee benefits, staying ahead of the curve is essential for HR professionals and benefits advisors. Understanding the intricacies of pre-tax benefit plans and COBRA regulations is crucial, but for those new to the field, it can be a challenging endeavor. Recognizing this need, Benefit Resource, Inc. (BRI) has introduced a groundbreaking resource – the “New to Benefits Education Series” – designed to empower newcomers with the knowledge and confidence

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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