Money Talk

MARCH 7, 2024

Financial shocks are events that result in unexpected expenses and they are especially challenging for individuals and households with limited resources and tight budgets. Examples of financial shocks are plentiful and include the following: ¨ Big spikes in expenses due to inflation (e.g., childcare, food, insurance, rent, utilities) ¨ Car accidents ¨ Disability ¨ Divorce ¨ Large home repairs (e.g., roof, furnace) ¨ Large out-of-pocket medical or dental bills ¨ Loss of a job ¨ property damage du

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Workplace Insight

MARCH 7, 2024

One of the UK’s greatest ever athletes and now a corporate wellbeing consultant and speaker , Sally Gunnell discusses with Kate Usher the challenges faced by women in the second half of their lives, in the latest Workplace Insight podcast. Sally is the only female British athlete ever to hold the Olympic, World, European and Commonwealth titles for 400m Hurdles.

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Consulting Management IT 111

Employee Benefits

MARCH 7, 2024

Image credit: photocosmos1 / Shutterstock.com Chancellor of the Exchequer, Jeremy Hunt (pictured), delivered his Spring Budget speech in the House of Commons on Wednesday 6 March. Below is a summary of the key announcements that could affect employers’ pay , pensions and benefits strategies: Spring Budget 2024: National insurance contribution (NIC) rate cut to 8% Spring Budget 2024: DC pensions required to disclose investment in UK equities Spring Budget 2024: TPR and FCA given powers to

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Pension Employee Benefits Government Insurance 105

International Foundation of Employee Benefit Plans

MARCH 7, 2024

International Women’s Day is an ideal time to pause and reflect on the status of women in the workforce—both how far we’ve come and how far we still need to go to achieve true gender equality. In this blog, Alyssa Hodder interviews […] The post International Women’s Day: Women in Leadership appeared first on Word on Benefits.

Employee Benefits 101

Employee Benefits 101

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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.

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Insperity

MARCH 7, 2024

Diversity, Equity, and Inclusion (DEI) have transitioned from being programmatic solutions to essential components of a solid people strategy. Today, companies understand that fostering a diverse and inclusive workplace isn’t just a checkbox for public relations purposes; it is also smart for business. But how do you know if your DEI strategy is making a difference in your organization?

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Utilities Recruitment Consulting Management 98

Employee Benefit News

MARCH 7, 2024

Jennifer Mahone Rightler, founder and CEO of Elements2Inclusion, explains how mini sabbaticals can refresh and re-engage their workforce.

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PTO Employee Benefits 113

International Foundation of Employee Benefit Plans

MARCH 7, 2024

Lawmakers, employers, consumer groups and other stakeholders have called for more transparency from pharmacy benefit managers (PBMs). Lack of transparency enables PBMs to engage in the practice of spread pricing where PBMs charge health plans more than they pay pharmacies for the […] The post Prescription Drug Plans: Spread Pricing Explainer appeared first on Word on Benefits.

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Employment Management Employee Benefits 96

PayrollOrg

MARCH 7, 2024

The extra day in 2024 could cause an extra payday for some employers.

Employment 104

Employment 104

Employee Benefit News

MARCH 7, 2024

The governor's signed legislation temporarily protects providers and allows the continuation of in-vitro treatments.

Employee Benefits 101

Employee Benefits Healthcare 101

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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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McDermott Will & Emery Employee Benefits

MARCH 7, 2024

On January 9, 2024, the Centers for Medicare and Medicaid Services (CMS) approved the New York State (NY) 1115 Medicaid waiver “Medicaid Redesign Team” (MRT). The MRT is a long-standing waiver in NY that has continuously evolved to improve the administration, structure and financing of the NY Medicaid program; enhance Medicaid beneficiaries’ access to services; […] The post CMS Approves New York 1115 Medicaid Redesign Waiver appeared first on EMPLOYEE BENEFITS BLOG.

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Finance Employee Benefits Health and Welfare 82

Employee Benefit News

MARCH 7, 2024

Resume Now ranked some of the things employees would have done differently in their professional lives.

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Patriot Software

MARCH 7, 2024

You’re ready for some help around your business. Should you hire a W-2 employee or a 1099 contractor? The choice might not be yours. There are key differences between a W-2 employee vs. a 1099 contractor that you must understand to stay legally compliant.

Payroll 80

Payroll 80

Employee Benefits

MARCH 7, 2024

Lloyds Banking Group has named Rachel Osikoya director of diversity, equity and inclusion (DE&I). With more than 20 years’ experience in culture, diversity and inclusion, Osikoya will be responsible for driving the group’s strategic DE&I agenda and will build a multi-year plan to further embed DE&I for employees, customers and communities.

Banking 69

Banking Employee Benefits IT 69

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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

MARCH 7, 2024

With increased diagnoses and a medication shortage, employers can play an important role in supporting those with the condition.

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Medical Employment Employee Benefits Management 82

Employee Benefits

MARCH 7, 2024

Gaming and betting firm 888 William Hill has introduced wellbeing support for its 11,000 employees globally. Through the scheme, which is provided by Wellness Cloud, 888 William Hill employees will be able to access the Wellness Cloud hub, which includes more than 100 live talks and events each year on a range of topics related to wellbeing and health , and a library of on-demand content and resources available on both desktop and a mobile app, such as expert guides, podcasts, question and answe

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Consulting Employee Benefits IT Healthcare 69

Employee Benefit News

MARCH 7, 2024

While the majority of men believe salary is equal at their workplace, just 23% of women feel the same.

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Salary Employee Benefits 90

Workplace Insight

MARCH 7, 2024

To coincide with International Women’s Day, a UNESCO study revealed worrying tendencies in Large Language models (LLM) to produce gender bias, as well as homophobia and racial stereotyping. Women were described as working in domestic roles far more often than men – four times as often by one model – and were frequently associated with words like “home”, “family” and “children”, while male names were linked to “business”, “executive”, “salary”, and “career”.

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Engineering Banking Finance Government 59

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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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Employee Benefit News

MARCH 7, 2024

Karla Wagner shares her experience as a leader of color as diversity efforts face criticism across several industries.

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Employee Benefits

MARCH 7, 2024

John Lewis Partnership and the Co-op are to increase their minimum pay rates for 2024. The Co-op has reaffirmed its commitment to paying the real living wage as recommended by the Living Wage Foundation, increasing its minimum hourly wage from £10.90 to £12, or from £12.25 to £13.15 in London. Team leaders will also receive a 10.1% increase from £12.10 to £13.32 per hour.

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Retail Food Employee Benefits Management 59

Workplace Insight

MARCH 7, 2024

Yesterday’s Spring Budget included a number of announcements that affect the various people, place and technology professions in the UK. These include a cut in National Insurance, pension fund reforms, support for working parents, AI, helping people back in to work and more. You can see the Government’s own summary here. The various industry sectors have been quick to respond to the announcements.

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Employee Benefits

MARCH 7, 2024

Bakery chain Greggs is to share a £17.6 million bonus among some of its employees after posting a record annual profit. In a webcast detailing the business’ latest results, chief executive Roisin Currie explained that Greggs will continue to share 10% of its profits with team members with at least six months of service as part of its profit share agreement.

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Bonuses Pension Benefit Manufacturing Pension 59

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Professionals Alternative

MARCH 7, 2024

[link] The Key to Success: Recruiting the Best Mortgage Talent in the Real Estate Industry ‍ Image Source: Unsplash The importance of recruiting the best mortgage talent in the real estate industry Recruiting the best mortgage talent is crucial for success in the real estate industry. As the mortgage industry continues to evolve and become more competitive, companies must ensure they have a team of skilled professionals who can navigate the intricacies of the market.

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Recruitment Utilities Education Benefits Package 52

HR Digest

MARCH 7, 2024

Establishing policies on how to prevent data theft by employees has never been more important than it is now considering the increasing number of ways for employees to access and use data. An ex-employee from Google, Linwei Ding, was recently indicted for the theft of trade secrets from Google. The Chinese national was accused of stealing data related to Google’s AI trade secrets to share with two PRC-Based technology companies and the Justice Department saw this as a blatant theft of advanced t

Technology 52

Technology Electronics Engineering Software 52

BetterUp

MARCH 7, 2024

Jump to section What is a self-fulfilling prophecy?

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Empuls

MARCH 7, 2024

Leaving a company is more than just a transition; it’s a moment of reflection and appreciation for the journey you’ve shared with your colleagues. As you embark on a new chapter in your career, expressing gratitude through a heartfelt thank you message is not only courteous but also a testament to the bonds you’ve formed within your workplace.

Management 40

Management IT 40

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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?

Utilities