Best Money Moves

FEBRUARY 7, 2024

How small businesses can develop a financial wellness strategy. Learn more about how small businesses can embrace financial wellness to increase employee well-being. A comprehensive benefits package is one of the best strategies small businesses can use to retain employees and attract top talent. When salaries are comparable, the decision to take an offer often comes down to the level and quality of an employer’s benefits program.

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Employee Benefit News

FEBRUARY 7, 2024

Concerns around student loans, the cost of living and retirement are impacting employees' financial and emotional well-being.

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Employee Benefits 112

Wellable

FEBRUARY 7, 2024

Late 2023 saw a 69% drop in high-paying partially remote roles. Is flexibility the new cost of earning big? The post Study: 69% Drop In High-Paying Remote Jobs appeared first on Wellable.

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McDermott Will & Emery Employee Benefits

FEBRUARY 7, 2024

Multiple states – including Mississippi, New Jersey and Virginia – have been busy finalizing legislation and rulemaking to adopt interstate compacts and expand behavioral health access. What else have these states been up to in recent weeks? Read more here. The post States Adopt Interstate Compacts, Expand Behavioral Health Access appeared first on EMPLOYEE BENEFITS BLOG.

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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

HR Lineup

FEBRUARY 7, 2024

Managing employee time-off efficiently is crucial for maintaining productivity, ensuring employee satisfaction, and fostering a positive work culture within an organization. Effective time-off management involves balancing the needs of employees with the operational requirements of the business. In this article, we’ll discuss ten valuable tips to help employers and HR professionals effectively manage employee time-off while maintaining workflow continuity and employee morale. 1.

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Workplace Insight

FEBRUARY 7, 2024

The London Assembly Planning and Regeneration Committee has published a new report called Retrofit vs Rebuild? which asks how decisions are made to either retrofit or rebuild properties and the carbon implications for both. In London, buildings account for an estimated 68 per cent of the city’s carbon emissions. These emissions arise from the construction, operation, and demolition of buildings.

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Employee Benefit News

FEBRUARY 7, 2024

Almost 32,000 workers have already been let go since the start of the new year.

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Workplace Insight

FEBRUARY 7, 2024

The UK government has announced details of its new Disability Action Plan which includes 32 steps it claims will make the UK the most accessible place in the world for disabled people to ‘live, work and thrive’ The publication of the Disability Action Plan is part of the government’s stated intention to improve the lives of millions of disabled people.

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Employee Benefit News

FEBRUARY 7, 2024

Social media backlash has executives looking for advice on how to lay people off without it blowing up in their faces.

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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 Benefits

FEBRUARY 7, 2024

An employer’s total reward strategy should be a combination of all the reward, benefits and development components that it offers to staff. Collecting employee feedback is key to structuring a total reward strategy and offering benefits that appeal to an entire workforce. There are multiple ways to communicate a strategy, such as a total reward statement and personalised notifications from benefits platforms based on employees’ needs.

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Employee Benefit News

FEBRUARY 7, 2024

When employees are impacted by current events, disaster or a crisis in their workplace, this organization shows up to offer immediate support and coping tools.

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Employee Benefits

FEBRUARY 7, 2024

Energy technology business Ovo Energy uses its total reward strategy to ensure its workforce feels inspired and a deep sense of belonging when they join. With around 5,000 employees based across the UK in London, Bristol and Glasgow hubs, the firm launched a new people offer to give more choice and flexibility, which it keeps at the heart of everything it does to support them.

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Benefit Resource Inc.

FEBRUARY 7, 2024

A key player in the balance between health and wealth is the health savings account (HSA). Beyond being a traditional healthcare benefit, HSAs provide a win-win situation for both employers and employees. Understanding HSAs Health Savings Accounts are tax-advantaged savings accounts designed to help individuals and families with high-deductible health plans (HDHPs) cover medical expenses.

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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 Benefits

FEBRUARY 7, 2024

Over the last 18 months, Adecco Group’s total reward strategy has needed to be relatively agile to address the needs of its employees during the cost-of-living crisis. The group has three global business units, Adecco, Akkodis and LHH, which cover talent and recruitment, and digital and engineering solutions. It employs 39,000 employees across 60 countries and has around 3,000 members of staff in the UK and Ireland.

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COMPackage

FEBRUARY 7, 2024

The last few years have been a game changer for employers and employees alike. It started with the Pandemic, which showed people that a lot of jobs could be performed just as well remotely as in person. Soon after that came the Great Resignation, which saw a 20-year high for employees quitting their jobs, often as a result of poor treatment or-low wages.

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Employee Benefits

FEBRUARY 7, 2024

Employers play a critical role in the fertility journey of their employees. When employers get it right, the loyalty they can cultivate among their staff is immense. As the Fertility Treatment (Employment Rights) Bill makes its way through Parliament, it is an opportune time for employers to reassess their approach to employee support in this area. Upon implantation, an employee is considered pregnant and protected from discrimination, similar to naturally conceived pregnancies.

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Bayzat

FEBRUARY 7, 2024

In 2024, the global market for HR Tech Startups was calculated to have a value of USD 23,179.2 million, and estimates suggest that the market will grow to over USD 32,776 million by 2031. It’s projected to happen at a rate of 5.94 percent CAGR in the upcoming years. In an era where economic predictability seems like a distant dream, UAE businesses stand at a crossroads, faced with the daunting task of navigating uncertainty. “HR Technology is constantly evolving, and companies across the

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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

Paid Leave

Employee Benefits

FEBRUARY 7, 2024

By the time the average woman reaches the retirement age of 67, she will have saved a pension pot worth £69,000, which is £136,000 less than the average man, who will have saved £205,000 in the same period, according to research by Now: Pensions. Its 2024 gender pension gap report , published in partnership with the Pensions Policy Institute, found that women would need to work and save for an extra 19 years on average to retire with the same amount of money in their pension savings as a man.

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Professionals Alternative

FEBRUARY 7, 2024

[link] Unlocking Effective Communication in Real Estate Law: The Power of a Litigation Paralegal Introduction to the role of a litigation paralegal Being a litigation paralegal in the field of real estate law is an exciting and demanding role that requires a unique set of skills and qualities. As a litigation paralegal, I have witnessed firsthand the importance of effective communication in navigating the complex world of real estate law.

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Employee Benefits

FEBRUARY 7, 2024

Credit: Petra Figueroa / Shutterstock.com London-based estate agents Dexters has launched a bikes-for-work scheme for its 2,000 employees. Through the scheme, which is provided by micromobility platform Forest, Dexters’ employees will be able to take out a monthly e-bike subscription for £29. This works out as approximately £1 per day if they cycle for at least 60 minutes.

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PeopleStrategy

FEBRUARY 7, 2024

As 2024 gets underway, businesses are preparing for changes to their bottom line. Unfortunately, many times this comes with reductions in force by not replacing employees who leave or, even worse, layoffs. However, with enough advanced planning, your company might be able to prevent downsizing or asking employees to do the same (or more) with less. Cutting and watching costs no matter whether the current economy is good or bad should always be a priority for a company.

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Advertiser: Paycor

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.

IT

Employee Benefits

FEBRUARY 7, 2024

Taxi service Lyft has introduced a new pay standard for its driver employees to ensure they are guaranteed at least 70% of the payments they receive from customers. The commitment will mean drivers earn this minimum percentage each week after external fees. If they are under this amount at the end of the week, they will be paid the difference. The organisation implemented the change because Lyft drivers last year earned, on average, 88% of customer payments after local taxes and the government-m

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Workplace Insight

FEBRUARY 7, 2024

Plans are taking shape for the 55th edition of NeoCon (held June 10-12 at THE MART, Chicago), the world’s leading platform for commercial space design, as show management announces a power-list of thought-provoking speakers, dynamic activations, best-in-class brands, and the newest movers and shakers impacting the built environment. The three-day event offers unparalleled opportunities to connect, learn, and experience the latest trends and innovations across verticals, from office to healthcare

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Business Management Daily

FEBRUARY 7, 2024

There are plenty of questions I get asked about coaching, but there are two I think are important that aren’t often broached. So while there are plenty of coaching questions we can and should ask ourselves as leaders, I want to highlight these two. Here they are, and why they are so important. 1. When should I start coaching? Most people don’t ask this question because they have an assumed answer.

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The Workcomp Writer

FEBRUARY 7, 2024

Stressing that it was not the role of the appellate court to second-guess the Board’s resolution of factual and credibility issues, a New York appellate court affirmed a decision by the state’s Workers’ Compensation Board that found a workers’ compensation claimant had not violated N.Y. Workers’ Comp. Law § 114-a by making a false statement for the purpose of obtaining workers’ compensation benefits [ Matter of Hartman v.

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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?

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