Best Money Moves
DECEMBER 5, 2023
2024 Employee benefits trends: Focus on employee wellbeing. The right benefits strategy is key to employee satisfaction. Here are the top 2024 employee benefits trends. Employee benefits are a driving force keeping your workforce satisfied. A study from the Society for HR Management found that the quality of employee benefits was likely linked to happiness at work.
Proskauer's Employee Benefits & Executive Compensa
DECEMBER 7, 2023
The day after Thanksgiving, while many of us were fortunate enough to be reaching for leftover pie, the IRS released proposed regulations implementing the requirement that 401(k) plan sponsors permit “long-term part-time employees” to make elective contributions to a 401(k) plan. These proposed regulations arrive just one month before the statutory requirements are set to take effect in 2024—meaning that plan sponsors need to quickly get familiar with the proposed rules.
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Patriot Software
DECEMBER 12, 2023
Navigating through the waters of health insurance coverage is tricky. You might be wondering, Do employers have to offer health insurance? Although the Affordable Care Act (ACA) requires employers with 50 or more full-time equivalent employees to provide health insurance, no employer has to offer excepted benefits. But, many employers do offer excepted benefits.
Achievers
DECEMBER 19, 2023
A healthy workforce is a prerequisite for sustained success in any industry, but the new normal has led to a wide range of challenges to employee wellbeing. The transition from traditional office setups to remote and hybrid work models has further blurred the lines between professional and personal life, made employees more susceptible to burnout, and increased team members’ sense of isolation.
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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.
McDermott Will & Emery Employee Benefits
DECEMBER 5, 2023
This post continues our focus on comment letters submitted in response to proposed regulations under the Mental Health Parity and Addiction Equity Act (MHPAEA). The proposed regulations were issued earlier this year by the US Departments of Labor, Health and Human Services and the Treasury (the Departments). Our previous MHPAEA content is available here.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
HR Bartender
DECEMBER 12, 2023
Estimated reading time: 8 minutes Not a day goes by without some news about artificial intelligence (AI). The latest being the ouster – and return – of OpenAI CEO Sam Altman. The world of AI is exciting, dynamic, and full of potential. Just like human resources. Artificial intelligence is changing our jobs and the HR function. Regardless of where you and your organization are regarding AI adoption, it’s important to stay on top of the latest developments.
HR Digest
DECEMBER 26, 2023
Google is setting up to fire employees all over again, despite the 12,000 workers who were laid off this year already. The reason? According to LiveMint , a report first published in The Information indicates that Google’s AI-powered ads have grown so self-sufficient that they no longer require as many individuals to oversee its functioning, making Google lay off employees who no longer have a necessary role at the company.
Employee Benefits
DECEMBER 8, 2023
Professional services firm PricewaterhouseCoopers (PWC) has rolled out a neurodiversity interactive learning programme to all of its 32,640 UK employees. Titled Great Minds (don’t think alike), the programme explores the topic of neurodiversity and includes bite-sized resources, as well as stories and experiences from PWC employees. It has been designed to help build understanding of neurodiversity and what it means to be neurodivergent.
Achievers
DECEMBER 11, 2023
Every organization succeeds or fails based on the skills and engagement of its workforce. Highly motivated, innovative, experienced employees will consistently outperform the competition and drive increased revenue. Disengaged employees who lack the qualifications needed for their role – or who are a poor fit for your organizational culture – will instead contribute little before looking for opportunities elsewhere.
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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
TalentCulture - Employee Benefits
DECEMBER 19, 2023
There’s nothing like having skin in the game to keep you focused, motivated, and engaged. Just ask any business owner. This logic extends to employees, as well. As an increasing number of companies are discovering, an employee ownership structure is a highly effective way to foster a culture of engagement and accountability. Including employees at […] The post The Outsized Impact of Employee Ownership on Company Culture appeared first on TalentCulture.
Workplace Insight
DECEMBER 5, 2023
The flexible workplace provider Clockwise has opened what the firm claims is the first office space in the metaverse, the Clockwise Campus. According to Microsoft, 51 percent of Gen Z expects to be working in the metaverse in some capacity by 2024. The firms say the space is heavily influenced by Clockwise’s physical offices and provides a digital platform for its members and the public to connect, collaborate and interact in various spaces including; meeting rooms, dedicated desks, breakout sp
HR Bartender
DECEMBER 26, 2023
Estimated reading time: 4 minutes I learned a new term recently – p(doom). It stands for the “probability of doom” when it comes to artificial intelligence (AI) and a doomsday scenario. P(doom) is a scale that runs from 0 to 100. The higher you score yourself, the more convinced you are that AI is going to wipe out civilization. I first read about p(doom) in The New York Times newsletter DealBook where it reported that sharing your p(doom) score is becoming more mainstream and some people are ev
HR Digest
DECEMBER 16, 2023
Employee mentorship programs can have a groundbreaking impact on an organization’s health but successful mentorship programs are often hard to come by. According to a Gartner and Capital Analytics study, more than 84 percent of Fortune 500 companies have some version of a mentorship program set in place to aid their employees’ growth. 100 percent of Fortune 50 companies believe in the power of mentorship.
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.
Employee Benefits
DECEMBER 12, 2023
More than half (55%) of HR teams say their top priority for 2024 will be preparing their organisation for the impact of artificial intelligence (AI) and automation, according to research by digital services and payments platform Edenred. Its annual People barometer 2023 also found that in 2024, 43% of respondents will prioritise support for employee wellbeing , followed by investment in employee engagement (36%).
Achievers
DECEMBER 7, 2023
If the past few years have reminded us of anything, it’s that change is constant and in order to keep up, organizations must continue to pivot. As 2024 takes shape, we expect to see a bit of a shake-up, with HR prioritizing key areas such as the employee-employee relationship, fostering trust during change, an unsettled talent market, defining workplace flexibility, and the pressures and opportunities of technology in the HR space.
TalentCulture - Employee Benefits
DECEMBER 27, 2023
The pandemic was a powerful force that profoundly changed the nature of work. When lockdowns eventually lifted and organizations welcomed people back to the office, many employees began seeking greater flexibility to align their work roles and personal responsibilities. Now, employers around the world recognize the need to strike a balance between remote work options […] The post Commuter Benefits: Where Do They Fit in the Future of Work?
Workplace Insight
DECEMBER 21, 2023
The fracturing of time and place underlies every one of the great workplace issues of our time. Everything that springs from this – the where, when, how, what and why of work – is defined by the shattering of any fixed idea we may once have had of a time and a place to work. Because the challenge to these traditional ideas is now so inextricably linked in our minds with new technology, we might often forget that people have been asking questions about how we can get the most out of each day for
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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?
HR Bartender
DECEMBER 19, 2023
Estimated reading time: 4 minutes I mentioned a few months ago that I received a trial membership to MasterClass as part of changing my cellular phone plan. During the trial, I was able to listen to Neil Gaiman, Malala Yousafzai, Neil deGrasse Tyson, RuPaul, Bill Nye, and Dr. Terence Tao. And while I didn’t plan it this way, the last session I listened to about determining a personal brand really brought them all together.
Vantage Circle
DECEMBER 21, 2023
Creativity is intelligence having fun. - Albert Einstein Behind every successful company lies a secret ingredient: a creative company culture that fosters innovation and empowers its employees to think outside the box. Imagine a workspace that transcends the confines of cubicles. A place where people passionately build the future together because they love what they get to do every day.
Employee Benefits
DECEMBER 1, 2023
Two-thirds (66%) of full-time UK employees regard contributory pensions and savings as important, according to research by Employee Benefits Isle of Man. Its 2023 Non-salary benefits global survey, which polled more than 2,000 full time UK and expat workers in Singapore, Hong Kong, the United Arab Emirates (UAE) and South Africa, also found that 57% of Hong Kong expatriate full-time employees and 36% of expatriate full-time United Arab Emirates (UAE) workers view contributory pensions as impor
Employee Benefit News
DECEMBER 26, 2023
Issues like Medicare increases and student loan relief will impact employees' ability to plan for their financial future.
Advertiser: Barley
Compensation is one of your biggest expenses as a business, but it is also your biggest investment in your people and your culture. A great compensation strategy can be an incredible asset that supports your business goals and lays a foundation of trust between your company and your employees. Whether you already have a compensation strategy in place or you’re building one from scratch, this guide will help you level up your approach through these 6 steps: 1.
TalentCulture - Employee Benefits
DECEMBER 26, 2023
Recruiting top talent isn’t easy — especially in today’s market. Despite recent economic challenges, many employers are still struggling to find strong people for open roles. Modern job seekers are looking for flexibility in all its forms. And that means employers need to raise their game with meaningful office amenities. So, what exactly can your […] The post 6 Office Amenities to Attract Top Talent in 2024 appeared first on TalentCulture.
Workplace Insight
DECEMBER 3, 2023
Workplace management used to be a secondary concern for organisations in the past, but it has now become a top priority. The COVID-19 pandemic has accelerated the process of digital transformation, leading to the implementation of new processes and technologies that focus on facilitating remote and at-home work. As a result of these changes, organisations have recognized the importance of finding a balance in their work environments.
HR Bartender
DECEMBER 5, 2023
Estimated reading time: 6 minutes (Editor’s Note: Today’s article is brought to you by our friends at UKG – Ultimate Kronos Group , a leading provider of HR, payroll, and workforce management solutions. The NelsonHall NEAT report recently named UKG a leader in the next generation HCM technology market. Congrats to them and enjoy the article!) Mark your calendars!
Vantage Circle
DECEMBER 14, 2023
The recruiting landscape has shifted dramatically in recent years. Candidates now have far more power than they did just a few years ago. In fact, research shows that the current job market is almost 90% candidate-driven. This means that companies no longer have the luxury of picking talent; talent picks them. As a result, hiring qualified job candidates with in-demand skills, has become difficult.
Speaker: Jaye Johnson, CBP
Unlock the secrets to transforming your organization’s employee benefits into a strategic tool for Diversity, Equity, and Inclusion (DEI). During this informative session, we will discuss common pitfalls in traditional benefits and then delve into the essence of DEI in employee-centric benefit offerings. This involves not only defining DEI in the workplace but also understanding the pivotal role that employee benefits play in fostering a diverse and inclusive environment.
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