Employee Benefits

JUNE 8, 2023

When you look up the dictionary definition of the word ‘streamline’ you’ll find a variety of definitions, many of which we can apply to this blog, such as “To change something so it works better” or “To make a process simpler and more effective…” Cambridge Dictionary When it comes to employee benefits, we need to be careful when addressing the idea of ‘simpler’ because, applied incorrectly, it could have an adverse effect.

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HR Digest

JUNE 8, 2023

Unlocking the secrets to success, Netflix has rewritten the script on how to build a thriving company. With an unwavering commitment to innovation and a trailblazing HR strategy, they have achieved remarkable feats. Boasting a remarkable employee retention rate of over 95% and earning the coveted #1 spot on Fortune’s “100 Best Companies to Work For” list in 2018 and 2019, Netflix has shattered industry norms.

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Workplace Insight

JUNE 8, 2023

Many times we talk about resistance – the resistance to change – how we manage it, the reluctance of having to deal with it, the disruption it causes either positively or negatively. But rarely do we talk about why people are resisting – what is driving the resistance. Taking a people centric approach means looking at resistance to change through a different lens.

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HR Digest

JUNE 8, 2023

A new survey from FlexJobs found that poor work-life balance is the top reason workers say they resign. The survey, which was conducted in June 2023, polled over 1,000 professionals and found that 42% were actively thinking about quitting their job, and another 20% had recently quit. After poor work-life balance, workers most commonly said they were driven to job hunt by low or unfair pay (35%); a toxic culture (34%); and a feeling that they were disrespected or undervalued (33%).

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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.

Workplace Insight

JUNE 8, 2023

Corporate real estate decision-making and people-centric strategies are becoming more integrated, according to CBRE’s 2023 European Occupier Survey. The report claims that 68 percent of organisations have partnered across multiple business functions including HR, IT and Communications when implementing workplace change strategies, indicating the importance of real estate decisions at a corporate level.

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Insperity

JUNE 8, 2023

How do you know the competitive salary range for each position at your company? The answer: Compensation benchmarking. What is compensation benchmarking? Compensation benchmarking is the process by which compensation professionals on your human resources (HR) team analyze salary data in the marketplace for each specific job at your company. They match your employees’ jobs with similar jobs in compensation surveys to get an accurate picture of what other professionals in those roles are earning.

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Professionals Alternative

JUNE 8, 2023

7 Reasons You’re Not Getting Hired and How to Overcome Them As a hiring manager, you may be struggling to find the right employees and the perfect fit for your organization. It’s essential to understand why some candidates are not getting hired and help them overcome their obstacles in the job search process. This article explores seven common reasons for job rejection and offers solutions to enhance the candidate’s search.

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Florida Workers' Comp

JUNE 8, 2023

A month ago, I spent some time with ChatGPT and related my findings in You're Only Human (May 2023). At the end of the day, suffice it to say that the results I found were inaccurate, unreliable, and at times arguably fictitious. The "intelligence" was a misnomer. Then came a story from New York, reported by the British Broadcasting Corporation (BBC).

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International Foundation of Employee Benefit Plans

JUNE 8, 2023

The fight to lower prescription drug costs is underway. Congress has introduced a handful of bipartisan bills aiming to tackle drug prices by increasing transparency on pharmacy benefit managers (PBMs) and their practices that increase drug prices for group health plans. Congressional […] The post PBM Reform Momentum Heats Up appeared first on Word on Benefits.

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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.

Employment

Employee Benefit News

JUNE 8, 2023

A new report from the Strategic Organization Center sheds some light on the threats rideshare drivers face every day.

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McDermott Will & Emery Employee Benefits

JUNE 8, 2023

Members of Congress could call for more transparency about how hospitals use their federal drug discount program savings. According to this Bloomberg Law article, a study found that the Health Resources and Services Administration’s oversight of the 340B program could be improved. McDermott Partner Emily Jane Cook said there is interest in Congress overseeing aspects […] The post Drug Discount Plan Remains Target for Possible Legislation appeared first on EMPLOYEE BENEFITS BLOG.

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Employee Benefit News

JUNE 8, 2023

Adopting programs that fit the needs of an organization fuels engagement and ROI

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BetterUp

JUNE 8, 2023

Jump to section 5 common reasons for losing or leaving a job 7 strategies for keeping a job The importance of keeping a job Should I quit my job?

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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.

HR Lineup

JUNE 8, 2023

Employee stack ranking, also known as forced ranking or rank-and-yank, is a performance evaluation method that involves categorizing employees into predetermined groups based on their performance, skills, or contributions. This approach gained popularity in the corporate world during the early 2000s but has since sparked intense debate and faced criticism due to its potential drawbacks.

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Flimp Communications

JUNE 8, 2023

The four employers highlighted in this article are global companies with hundreds of thousands of employees. But regardless of your company’s size, you can take inspiration from their innovations: The post 4 Exceptional Examples of Employee Wellness Initiatives appeared first on Flimp.

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Employee Benefit News

JUNE 8, 2023

Equipping employees with advanced IT support bolsters productivity and morale.

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Employee Benefits

JUNE 8, 2023

Composable commerce provider Commercetools has appointed Roxana Dobrescu as its first ever chief people officer. Reporting to co-founder and chief executive officer, Dirk Hoerig, Dobrescu will lead global personnel efforts and reinvigorate the firm’s people-first strategy. This will be through fostering a best-in-class scalable employee experience , developing meaningful talent acquisition strategies that advance equity commitments, and driving the sustainability of an innovation-led culture tha

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Advertiser: Paycor

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!

IT

Employee Benefit News

JUNE 8, 2023

PTO and competitive pay are some of the issues employees want to see addressed.

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Employee Benefits

JUNE 8, 2023

Workers at citizens services, defence, transport, justice, and health firm, Serco based in North Norfolk and Breckland, have accepted a 20% pay rise , ending the threat of more strikes that have been ongoing for the past few months. The staff, who are refuse, street cleaning, grounds maintenance and cleansing workers, approved the two-year pay deal, which is aimed at the lowest-paid.

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HR Digest

JUNE 8, 2023

Imagine having the ability to unravel the secrets behind employee turnover, decode the efficiency of your recruitment strategies, and breathe life into your training and development initiatives. HR metrics provide a roadmap to navigate the intricate web of human capital, giving you the power to measure, analyze, and elevate your HR functions like never before.

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Employee Benefits

JUNE 8, 2023

Restaurant group The Big Table Group has expanded its financial wellbeing offering to its staff at Banana Tree and has introduced unrestricted usage of a flexible pay feature. The group, which owns Bella Italia, Cafe Rouge and Las Iguanas restaurants, initially launched a partnership with financial wellbeing provider Wagestream in May 2019. The provider’s holistic financial wellbeing app gave the group’s users the ability to manage their budgeting, build up savings, and save money on bills.

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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.

Management

Employee Benefit News

JUNE 8, 2023

Manuel Lievano, CEO of MCC USA, explains how employers can alleviate labor shortages and decrease turnover.

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InterWest Insurance Services

JUNE 8, 2023

The IRS has raised the maximum amount people can funnel into their health savings accounts by 7.8% for 2024, the largest increase ever, brought to you by inflation. The IRS updates this amount annually, along with minimum deductibles as well as the out-of-pocket maximums for high-deductible health plans. Under its rules, HSAs, which help employees save for medical expenses, are only available to those enrolled in qualified HDHPs.

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Workplace Insight

JUNE 8, 2023

More than half (54 percent) of Britain’s employers expect Artificial Intelligence (AI) technologies will have a positive impact on their staff headcount over the next two years, according to a survey by Experis , a part of ManpowerGroup. The survey of 2,000+ British employers also suggests that more than two thirds (69 percent) of businesses expect AI tools and technologies – including ChatGPT, Machine Learning and Virtual Reality – to have a positive impact on upskilling and reskil

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HR Lineup

JUNE 8, 2023

Papyrs is a versatile and intuitive online collaboration platform designed to streamline team communication, knowledge sharing, and document management. It provides a centralized hub where teams can create, organize, and collaborate on various types of content, fostering a productive and efficient work environment. One of the key features of Papyrs is its user-friendly interface, which allows users to create and customize their own intranet or knowledge base without the need for technical expert

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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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