Wed.Aug 16, 2023

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Financial Implications of Working in Later Life

Money Talk

After declining in early years of the pandemic, the percentage of older adults in the labor force is increasing. An estimated 21.9% of Americans age 65+ were working in 2022. In 2019, the older worker cohort included nearly 15% of those in their 70s. Reasons for continued work include a need for additional income (inflation), boredom, social contact, structure, and a sense of purpose.

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How a reward strategy can create a culture of success

Employee Benefits

A fit-for-purpose reward strategy is vital in creating a happy and rewarded workforce that drives productivity and success. Employers should create a reward strategy that allows employees with different lifestyles and needs to work in a way that enables them to thrive. Aligning a reward strategy with organisational objectives can contribute to overall business success.

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Trending Sources

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Sixth Circuit Highlights Importance of the Plan Document

Proskauer's Employee Benefits & Executive Compensa

A recent decision by the U.S. Court of Appeals for the Sixth Circuit ( Patterson v. United HealthCare Ins. Co. , No. 22-3167, 2023 WL 4882436 (6th Cir. Aug. 1, 2023 ) ) illustrates the importance of clearly describing key plan terms in the plan document and summary plan description. Incomplete documentation or disclosure can nullify rights of the plan and its sponsor.

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Cloud Nine creates a culture of success through reward and recognition

Employee Benefits

Hair and beauty brand Cloud Nine uses its reward strategy to celebrate a culture of success by making it clear that everyone’s achievements are to be celebrated, whether they are personal or work related. The organisation, which employs 65 workers at its Yorkshire headquarters and sells products all over the world, recognises an individual employee who has exceeded expectations and gone above and beyond each quarter.

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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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Nurturing Tomorrow's Leaders Through Leadership Development

eni

In the ever-evolving landscape of modern workplaces, effective leadership is the cornerstone of organizational success. As HR professionals, you hold the key to nurturing and shaping the leaders of tomorrow. Leadership development is not just about filling positions; it's about fostering a culture that empowers individuals to excel, inspire, and drive the organization forward.

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Free Webinar to Discuss Payroll as a Service

PayrollOrg

Sponsored by Ceridian, the free webinar "When Should an Organization Consider Payroll as a Service?" takes place Wednesday, August 23 from 1:00 p.m.-2:00 p.m. EDT.

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30% cite affordability as a challenge to support staff health and wellbeing

Employee Benefits

Affordability was cited as the biggest challenge in supporting the health and wellbeing of staff by 30% of employers, according to new research from Group Risk Development (Grid). The industry body for the group risk sector’s research was carried out among 503 UK HR decision-makers. It found that 45% of employers do not measure the impact of supporting their employees’ health and wellbeing, while 98% of those that do say it is positive.

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Unveiling the Darwinbox Marketplace: The Only Portal You’ll Need to Unbox and Scale Your Business Potential

Darwinbox

We’re delighted to launch the Darwinbox Marketplace, our offering that will provide you with everything you would need to deliver exceptional employee experiences and HR services. With the Darwinbox Marketplace, you’ll have one-click access to solutions across categories offered by partners verified and curated by Darwinbox.

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Tesco Ireland enhances staff health and wellbeing benefits

Employee Benefits

Tesco Ireland has launched a free virtual GP service for its 13,000 employees based in the country and has enhanced some of its existing wellbeing benefits. Provided by Laya Healthcare, the service will allow the supermarket’s Irish staff across its retail, distribution, customer contact centre and head office teams to access online doctor appointments quickly and easily from their own homes, have a private prescription issued by the GP and sent to their chosen pharmacy, and additional discounte

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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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The 14 Best Self-Improvement Podcasts You Should Listen To

BetterUp

Want to make the most of your morning commute? Discover insightful and inspiring self-improvement podcasts covering a wide range of topics.

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Lee McIntyre-Hamilton: How to make cross-border remote working successful

Employee Benefits

Cross-border remote working has never been easier for employees. However, the same cannot be said when it comes to employer compliance. First and foremost, employers need to ensure that their employees have the legal right to work in the overseas country. Employees may need a visa or work permit. Also, employees abroad for an extended period may acquire employment rights abroad.

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How to build a benefits strategy that battles rising costs, according to Holmes Murphy

Employee Benefit News

To deal with rising costs, Holmes Murphy advises employers on how they can use creative solutions and technology in their benefits strategy.

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Tribunal finds former Trentside Manor Care employee was unfairly dismissed

Employee Benefits

A former care home manager at Trentside Manor Care has been awarded more than £100,000 in damages following a dismissal after requesting a reduction in her working hours. M Raphael had worked at the Stoke on Trent care home since 2011 and suffered a stroke in 2015, which left her with reduced energy levels. She also has chronic obstructive pulmonary disease and a chronic heart condition.

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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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Will Policy, Regulation Issues Stifle AI’s Advances in Healthcare?

McDermott Will & Emery Employee Benefits

How is artificial intelligence (AI) shaping the healthcare industry? In this HealthLeaders article, Alya Sulaiman describes an active landscape in which federal agencies and state attorneys general are competing to regulate the technology. Access the article. The post Will Policy, Regulation Issues Stifle AI’s Advances in Healthcare? appeared first on EMPLOYEE BENEFITS BLOG.

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theSkimm and Moms First are challenging companies to share their child care benefits

Employee Benefit News

theSkimm and Moms First launched #ShowUsYourChildCare campaign, calling on companies to share how they support families.

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What are the benefits of off the shelf eLearning content?

cipHR

Off the shelf (OTS) eLearning content offers organisations of all sizes a practical solution for delivering workplace training. From immediate availability to lower costs, explore the benefits of OTS content Across all organisations, people teams work to ensure that employees have access to all the eLearning content needed to be successful in their roles.

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3 steps to improve student loan relief after SCOTUS ruling

Employee Benefit News

Organizations need to rethink their benefits options to support their workforce from financial and emotional pain points.

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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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Half of UK employees regularly work unpaid hours, survey finds

cipHR

Unpaid overtime appears to have become the norm in the UK, with new research revealing that millions of employees are regularly shortening their lunch breaks and finishing late to keep on top of their workload. HR software provider Ciphr polled 1,000 UK workers to find out how much unpaid overtime, if any, they each worked on average. According to the findings, there are significantly more employees who work unpaid hours than employees who receive overtime pay (49% compared to 23%).

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Want to work from anywhere? You may need a digital nomad visa first

Employee Benefit News

Remote work allows employees to work from anywhere they want — but they need the proper documentation first.

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The Ultimate Guide to Crafting a Standout Job Offer Letter: Format, Tips, and Templates

HR Digest

Finding the perfect candidate to join your team is no easy feat. After hours of reviewing resumes and conducting interviews, you’ve finally found the one. Now, it’s time to seal the deal with a compelling job offer letter. In this comprehensive guide, we’ll walk you through the essential elements of a well-crafted offer letter, provide tips for creating an effective email, and even share customizable templates to make your job easier.

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A decade of opportunity: These are the 10 fastest growing jobs

Employee Benefit News

ResumeGenius compiled a list of the positions, their salaries and what job seekers need to qualify.

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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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Administrative Assistant’s Guide to Efficient Safety Program Management

Professionals Alternative

[link] The Ultimate EH&S Administrative Assistant’s Handbook for Streamlined Safety Program Management Introduction to EH&S Administrative Assistant role As an EH&S Administrative Assistant, I play a vital role in ensuring the smooth and efficient management of safety programs in the Energy Sector and O&G Industry. Safety program management is of utmost importance in these industries due to the inherent risks involved in their operations.

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What is a Coffee Nap? 5 Tips to Recharge

BetterUp

You’ve probably heard of a coffee nap (or caffeine nap), where you intentionally nap right after your coffee. It might seem counterintuitive, but drinking a cup of coffee and then taking a short nap can have its benefits. Here’s how it works.

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Human Capital Management; Or, How to Stop Doing Everything for Everyone

BerniePortal

You’re an HR professional conducting market research to determine how your organization can competitively compensate your employees despite uncertain economic times. The labor market is white hot, so honing your recruitment strategy is one of the major goals beneath the HR umbrella of human capital management (HCM) tasks.

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Tips to create an employee survey that boosts engagement

WEX Inc.

Increase profitability, work quality, employee productivity, and employee retention rates. These are just a few of the potential benefits businesses experience with highly engaged employees. Conducting employee surveys is an essential tool for organizations to gauge employee engagement while also gaining valuable insights in their workforce. Keep reading or watch the podcast episode (with guest Melanie Tinto , who is chief human resources officer at WEX) below to learn the importance of employe

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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?