Employee Benefits

JANUARY 17, 2024

While automatic-enrolment has resulted in more individuals saving for retirement, it has created a separate issue that the Department for Work and Pensions (DWP) describes as ‘the proliferation of small pots’: the creation of multiple deferred pension pots , often low in value, when employees change employer. Lack of engagement with pensions has compounded the problem, with many individuals leaving their small pots behind rather than consolidating them, which can lead to poorer retir

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Workplace Insight

JANUARY 17, 2024

The piece I wrote on workplace b t came in for quite a bit of attention when it was published and also meant I was pointed to this excellent article on how to spot it when you see it. Lots is said about the skills we’ll need to cope with the challenges of the current Century, but this is perhaps one of the most important. Especially trying to spot it in ourselves.

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Employee Benefits

JANUARY 17, 2024

More than two-fifths (43%) of employers offer no additional support beyond time off for bereavement , according to research by bereavement support firm Empathy. Its 2024 report The cost of dying, which surveyed 2,000 respondents who have experienced the loss of an immediate family member in the last five years, as well as more than 200 business leaders and HR professionals, also found almost two-thirds (62%) of organisations now have policies directly addressing bereavement.

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Employment Paid Leave Employee Benefits IT 110

PeopleKeep

JANUARY 17, 2024

With the rising cost of healthcare, an increasing number of employers are turning to options like health reimbursement arrangements (HRAs) to provide quality health benefits on a budget.

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Healthcare Employment 105

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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 Benefits

JANUARY 17, 2024

Credt: P Maxwell Photography/Shutterstock The pension pots-for-life plan take the onus off of employees to keep track of their pensions as they move jobs. Clarification is needed on how employers would manage the process of putting employees’ contributions into many different pension pots. Pots for life may not completely end the employer’s role in choosing a pension provider, especially if a large scheme offers favourable terms and investment strategy.

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Employee Benefits

JANUARY 17, 2024

Resilience. It’s a great word encompassing employee wellbeing, financially, mentally, and physically. So, what exactly does it mean? During this blog, we’ll explore the topic of resilience in relation to employee financial wellbeing and the role that HR and prioritising financial wellbeing at work must play in achieving it. Why we must talk about financial wellbeing at work Resilience… we associate the word with strength.

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Employee Benefit News

JANUARY 17, 2024

Permutable AI used its software to assess which companies make news for upholding — or failing — to meet labor standards set by ESG and UN criteria.

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Vantage Circle

JANUARY 17, 2024

Have you ever walked into an office and felt like you were stepping into a tight-knit family reunion? That's the allure of a 'Clan Culture.' A kind of environment where team spirit isn't just cultivated through mandatory events but blossoms naturally from shared values, mutual respect, and a sense of unity. In a clan culture, you'll notice the existence of an informal hierarchy and a focus on the group's collective success.

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Utilities Human Resources Health Technology 97

Employee Benefit News

JANUARY 17, 2024

From new video conferencing platforms to more responsive cameras, improving tech tools is critical for a blended workforce.

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Technology Management 117

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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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Wellable

JANUARY 17, 2024

J.J. McCarthy led the Wolverines to victory in the College Football National Championship. Explore the power of meditation on the field and in the workplace. The post How Pregame Meditation Helped J.J. McCarthy Win A National Championship appeared first on Wellable.

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Employee Benefit News

JANUARY 17, 2024

A multipronged effort should include documenting damage, hiring licensed and bonded contractors, and organizing client contact information.

Management 109

Management 109

HR Lineup

JANUARY 17, 2024

In the ever-evolving realm of human resources, two terms frequently circulate – employee turnover and attrition. While often used interchangeably, these concepts hold distinct meanings and implications for organizations striving to build robust and sustainable teams. This article delves into the nuanced differences between employee turnover and attrition, shedding light on their impact, causes, and strategies for effective management.

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Benefits Package Recruitment Human Resources Technology 77

Employee Benefit News

JANUARY 17, 2024

HR tech experts ranked all 50 states to find the locations with the most support for employees with families.

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Employee Benefits 106

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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

International Foundation of Employee Benefit Plans

JANUARY 17, 2024

The definition of a fiduciary under ERISA, a rule originally written in 1975, has fluctuated in the past decade. Fiduciary investment advice rules have had a long history filled with ups, downs and mixed support. On October 31, 2023, the U.S. Department of […] The post How the DOL’s Proposed Fiduciary Rule Would Affect Retirement Plans appeared first on Word on Benefits.

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Retirement Plan Employee Benefits 67

Workplace Insight

JANUARY 17, 2024

The proportion of CEOs who believe global economic growth will improve over the next 12-months has more than doubled. At the same time, the proportion of CEOs concerned about their long-term business viability has risen to 45 percent as tech and climate pressures accelerate, according to PwC’s 27th Annual Global CEO Survey. However the survey, published to coincide with the annual World Economic Forum jamboree in Davos, also reports that artificial intelligence will result in dramatic job losses

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Technology Utilities Media Taxes 64

Business Management Daily

JANUARY 17, 2024

With so many small businesses planning to hire remote workers in 2024, now is a great time to build a comprehensive digital onboarding process for your business. Digital onboarding allows you to onboard remote employees across the country, or can be implemented as part of your onsite onboarding process to streamline onboarding paperwork and new hire training.

Payroll 59

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Workplace Insight

JANUARY 17, 2024

The Stoddart Review , published in 2016, was one of the most significant reports of recent years to explore the role of the workplace for employee productivity in extensive detail and why the office environment was key for productivity purposes. There has been a huge shift in the world of work since then. What we once knew as the workplace has changed forever.

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Work From Home Manufacturing Retail Employment 59

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Paid Leave

Employee Benefits

JANUARY 17, 2024

Councillor Jennifer Gilmour, Mayor of Ards and North Down, with chief executive Stephen Reid. Image credit: Ian Pedlow Ards and North Down Borough Council in Northern Ireland has become an age-friendly employer as part of its continued commitment to being an age-friendly borough. The age-friendly employer pledge, which was established by the Centre for Ageing Better, helps employers to recognise the importance and value of older workers and to promote physical and social environments that suppor

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Employment Recruitment Employee Benefits IT 59

Workplace Insight

JANUARY 17, 2024

In 2024, Wellworking celebrates 25 years of being in business, a milestone I’m proud of in such a competitive market. A lot has changed over that time, and I’m excited by just how much working habits will transform over the next few decades too. When I first established the company in 1999, it was called Home Working Solutions as I felt there were increasing numbers of people working from home that needed appropriate furniture to do that.

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Work From Home Manufacturing Technology IT 52

Employee Benefits

JANUARY 17, 2024

Credit: dagma / Shutterstock.com West Midlands Fire Service is to increase its employee maternity, paternity and adoption leave provisions as of this month. Employees at the fire service will be eligible for 52 weeks of fully paid leave for maternity and adoption pay, with two weeks of paternity pay for fathers. This is a significant increase on its previous provision.

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HR Digest

JANUARY 17, 2024

Dear Jane I handed in my notice at work, and the boss threw a bit of a tantrum, cutting my notice period short by a week. When I tried to sort it out with HR, they terminated me without giving a reason and aren’t paying out my notice. Now I’ve got a two-week gap between jobs. Can I still claim unemployment benefits? Thanks, Job Juggler Dear Job Juggler, I’m incredibly sorry to hear about the tumultuous situation you’ve encountered at work.

IT 52

IT 52

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IT

BerniePortal

JANUARY 17, 2024

We all are tempted to do it: that frustrating person approaches you, complaining about their newest topic of distaste, and you have the strongest urge to say, “SHUT UP! ENOUGH ALREADY!

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IT 52

HR Digest

JANUARY 17, 2024

Hi Jane, Back in September, I landed my dream job, even though the offered salary was a bit below the standard. Here’s where it gets interesting—normally, it takes over a year to fill a position like mine, but within three months, they had someone less qualified interviewed. There were diversity concerns, prompting HR to step in, despite the hiring manager’s preference for me.

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Mining Salary Management IT 52

Professionals Alternative

JANUARY 17, 2024

[link] From Case Management to Client Support: A Glimpse into the World of Personal Injury Legal Assistants Introduction to Personal Injury Legal Assistants As someone who has always been fascinated by the legal field, I have often wondered about the crucial roles played by legal assistants in the realm of personal injury law. Personal injury legal assistants are the unsung heroes behind the scenes, providing invaluable support to attorneys and helping clients navigate the complexities of the le

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Management Education Medical Taxes 52

COMPackage

JANUARY 17, 2024

While baby boomers are retiring, zoomers are getting their first jobs. According to a report by Glassdoor (one of the biggest job search and company review platforms), zoomers will overtake the number of boomers in the workforce in 2024. The workforce demographics are changing to new generations (next-gen) that have different expectations and values from older generations.

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Bonuses Technology Media Salary 52

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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