Wed.Oct 11, 2023

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Ten Benefits of Self-Employment in Later Life

Money Talk

Almost half of all U.S. workers age 65-69 are self-employed as are over two-thirds (68%) of those age 75-79. For almost four years, I have been a full-time financial education entrepreneur. For 27 years prior, Money Talk was a “side hustle.” For this post, I decided to reflect upon ten benefits of self-employment in later life that I (and other older entrepreneurs) have experienced: Additional Income - A successful business provides additional cash beyond Social Security and other expected sourc

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Create a culture of recognition in 2023 

Achievers

Cultivating a culture of recognition is a strategic imperative that can transform the tenor of your organization, driving improved employee morale, engagement, and performance. Showing genuine appreciation for team members’ efforts foster a long-lasting sense of belonging and motivation among employees. With a thoughtful and multifaceted approach, one that encourages recognition at every level of your organization, your company can develop a culture of recognition organically.

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3 things employers can do to support working parents

Employee Benefit News

Engage in a dialogue about what benefits are most important, implement family focused offerings and adopt policies that will have a financial impact.

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Aster Group ensures its benefits align with employees’ needs

Employee Benefits

Housing association Aster Group employs more than 1,600 people across a range of roles including development, planning, marketing, customer liaison and sales. The organisation uses focus groups, anonymous feedback and regular pulse surveys to ensure that its benefits scheme applies to everyone. Lyndsay Nickerson, transformation director, people and communications, says: “While surveys are a great way of reaching lots of people, we know they don’t reach everyone easily and they only give us one l

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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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Who's the smartest CEO? How Bezos, Buffett, Musk and Zuckerberg rank

Employee Benefit News

A new language study by Preply examined dialogue and speech to understand leaders with the most intelligence, emotional intelligence, and more. (Sorry, Elon!

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Lilly, Pfizer, Humana among best healthcare companies to work for

Employee Benefit News

U.S. News released its annual list of the best companies in healthcare, highlighting employers with great pay, benefits, work-life balance and stability.

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Freenow launches new benefits for its 10,000 taxi drivers

Employee Benefits

Mobility app Freenow has introduced new benefits that will give all of its 10,000 UK taxi drivers access to accident and sickness insurance, and compassionate and parental leave. Through a partnership with workplace rewards platform Onsi, formerly Collective Benefits, Freenow employees will be able to access accident and sickness insurance, including accidental death and permanent disablement.

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Employer Student Loan Debt Benefits Following SECURE 2.0

McDermott Will & Emery Employee Benefits

In December 2022, Congress enacted groundbreaking legislation as part of the SECURE 2.0 Act codifying an opportunity for employers to provide matching contributions within a tax-qualified retirement plan based on their employees’ qualified student loan payments outside the plan. This On the Subject discusses the SECURE 2.0 student loan benefit and other employer options for […] The post Employer Student Loan Debt Benefits Following SECURE 2.0 appeared first on EMPLOYEE BENEFITS BLOG.

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Back in business: How returnship is getting women back to work

Employee Benefit News

With its groundbreaking returnship program, a software company is elevating women and uncovering talent in unlikely places.

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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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How a Nationwide Employer Improved Benefits Literacy for Remote Employees

Flimp Communications

Prior to partnering with Flimp, this company’s HR team had worked with a few larger firms on their benefits-communication campaigns. However, they quickly realized the larger firms’ solutions were overwhelming, costly, one size fits all and, in general, they lacked individual attention for clients. The post How a Nationwide Employer Improved Benefits Literacy for Remote Employees appeared first on Flimp.

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44% of employers published their ethnicity pay gap in 2023

Employee Benefits

The number of employers publishing their ethnicity pay gap has increased from 30% in 2020 to 44% in 2023, according to new research. Business in the Community’s 2023 Race at work charter survey sought the views of nearly 250 UK employers, representing 1.2 million UK employees. It found no change in the number of employers who have a race champion or an executive sponsor for race since 2020, remaining at 95%.

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Leaders are clashing over return to office policies

Employee Benefit News

Disagreements among leaders over how best to bring employees back is creating conflict in C-suites.

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HR Metrics: What They Are & Why They’re Important

Genesis HR Solutions

HR metrics, also known as key performance indicators (KPIs), are data points that help you understand your HR team or organization’s performance. HR KPIs can help you answer questions like: Is the business growing? Are we doing a good job attracting quality applicants? Are we doing a good job of retaining high-quality employees? Are our employee training programs effective?

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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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Laura Tracey and Rubina Kakuji: How to support your employees during Baby Loss Awareness Week

Employee Benefits

Baby Loss Awareness Week is held every year in the UK from 9 – 15 October and is a time for people to come together to commemorate the lives of babies lost in pregnancy or at or soon after birth. Regardless of the stage of the pregnancy that loss occurs, it is a deeply personal and distressing event for those involved. Unfortunately, many employees still feel unable to discuss their experiences in the workplace and actively hide this from their employer, leaving them feeling isolated and anxious

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Social Learning Theory: Bandura's Hypothesis (+ Examples)

BetterUp

Jump to section What’s Bandura’s social learning theory?

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Boots pharmacists accept 5% pay rise

Employee Benefits

Pharmacists employed by Boots have accepted a 5% pay rise after reaching an agreement with the Pharmacists’ Defence Association (PDA) regarding a 2023 pay deal. As per the agreement , all eligible pharmacists within the bargaining unit will receive a 5% pay award as of 1 November in recognition of the market circumstances within the community pharmacy sector.

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Seven objections to investing in learning and development platforms (with exceptional counterarguments)

cipHR

Investing in new learning and development platforms can be expensive, but it could save on costs and improve profits in the long term; you just need to demonstrate how Have you ever tried to convince a friend or a colleague to do (or not do) something that will help them in the future? If you’re looking to get investment for a new learning management system for your company, then you might have another conversation like this on the horizon – one that you’re probably not looking forward to, becau

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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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The office needs to take on the characteristics of the city. Despina Katsikakis IN conversation

Workplace Insight

One of the unintended consequences of the era of online meetings is a chance to gain an insight into people’s actual lives. So it is that as Despina Katsikakis and I are talking, she spots my whippet Luna wandering into shot in the background and lets out an exclamation. She too has a whippet by her feet. And as a result, this abnormal, formal situation becomes a lot more normal and relaxed.

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Coping with seasonal affective disorder at work: a guide for managers and employees

cipHR

Shorter daylight hours can cause depression for some workers. Our guide to coping with seasonal affective disorder at work will help you stay well all winter If you find your mood starts to dip when the days grow shorter, or you find it harder to complete simple tasks after the clocks go back, then you might be suffering from seasonal affective disorder.

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Employment Law Overview in Colombia       

Global People Strategist

Colombia, a vibrant and diverse South American nation, boasts a robust workforce contributing to its economic growth. Colombia has established comprehensive labor laws to protect employers’ and employees’ rights and interests. This article will provide an overview of essential employment laws in Colombia, shedding light on the rights, responsibilities, and legal framework that govern the labor landscape.

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Rewards and Benefits During COVID-19 to Help Your Employees Rest Easy

Empuls

The world is no longer the same. Masks and hand sterilizers are the bare minima for social acceptance at the outset until the world gets vaccinated. People tried their best to transform from meeting rooms to Zoom meetings and office desks to couch-beds, but that’s not all that changed. Let’s talk about Yasmeen , a C-suite employee working through her day job from home.

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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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Excel Dashboards: A Must-Have Skill for Supply Chain Success

Professionals Alternative

[link] Excel Dashboards: Empowering Supply Chain Professionals for Optimal Success ‍As a supply chain professional, I understand the importance of data analysis and efficient processes. Excel Dashboards have become an essential tool for me in my day-to-day work. In this article, I will explore the benefits of Excel Dashboards for supply chain management, why it is a must-have skill for modern professionals, the opportunities it presents for recent graduates and career explorers, the salar

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What is a short-term health insurance plan?

PeopleKeep

When you’re outside the annual open enrollment period , you have limited opportunities to buy a health insurance plan. You can enroll in a plan mid-year if you experience a qualifying life event or become eligible for a federal health insurance program, like Medicare or Medicaid, but these situations may not support every individual.

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France: New Rights to Employees with Disabled Children

Global People Strategist

France has recently implemented new legislation to support employees with children suffering from serious ill health or disability. This move aims to provide better work-life balance for parents facing challenging circumstances and ensure they can adequately care for their children. The new rights include a leave of absence of five working days with full pay for administrative or medical formalities.

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Connection addresses needs of neurodivergent workers with new system

Workplace Insight

Approximately 20 percent of the population is what is known as neurodivergent, totalling around 13.5 million people in the UK, 150 million in Europe, and 1.6 billion globally. Catering to this large proportion of neurodivergent workers in the population is critical for interior designers and product designers alike, who carry a weight of responsibility when it comes to creating workplaces that not only support and facilitate those living with neurodiverse conditions but empower them to optimise

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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?