February, 2024

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75% of Gen Z staff advocate for better mental health benefits and flexibility

Employee Benefits

Three-quarters (75%) of Generation Z employees have advocated for benefits to be inclusive of better mental health support, have flexibility around working hours and greater accessibility, according to research by sleep and meditation app Calm. Its Voice of the workplace report 2024, which surveyed more than 4,000 employees and HR leaders, also found that Generation X and Boomer staff are the least proactive when advocating for benefits or changes in the workplace, with Gen Z and millennials 47%

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Can employers solve the child care crisis?

Employee Benefit News

Working parents spend 20% of their income on child care — if they can even find it. Employers can offer a helping hand, and better benefits and workplace support.

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29 Benefits of Coaching for Individuals and Businesses to Thrive

BetterUp

There are lots of products and services out there that claim to change your life — coaching might be the one thing that actually delivers on this promise. The benefits of coaching reach beyond the superficial and are as flexible as you need them to be. A friend of mine was ready to quit her job. Two months after coming back from maternity leave, she was stressed and unhappy.

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42% of working parents want better pay and family support

Employee Benefits

Two-fifths (42%) of working parents admitted to looking for alternative work in 2024 with higher pay and better family life support, an increase of four percentage points on 2023, according to research by childcare provider Bright Horizons. Its annual Modern families index, which surveyed more than 3,000 working families, found that the number of employees who feel their employer is supportive of family life has dropped, from 77% last year to 72% this year.

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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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The key topics shaping the future of workplace financial wellbeing

Employee Benefits

Financial wellbeing has a key role to play in supporting HR goals such as recruiting and retaining employees and improving productivity. However, the factors influencing financial wellbeing strategies are changing. With insight from its latest Financial Wellbeing Research 2023 [1] in association with Reward & Employee Benefits Association, WEALTH at work reveals some of the key topics set to shape future financial wellbeing strategies.

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Employee Reskilling Is The Answer to the Talent Shortages At Work

HR Digest

The need for reskilling and upskilling in the working environment has been at the forefront of many HR conversations and employee reskilling especially is likely to require considerable investments in the upcoming years. While keeping up with changing times has always been a necessary consideration regardless of the industry, the rapid upsurge of technology recently has really highlighted the need for reskilling programs in order to understand how to do a job you might have been doing for years

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How Gulliver’s Travels predicted AI and our attempts to make sense of it all

Workplace Insight

Gulliver’s Travels is one of those books we assume we know. But what we tend to recall is some stuff about Lilliput, giants, talking horses and possibly something about scientists trying to extract sunbeams from cucumbers. It’s really about one man’s descent into disillusion with the human race. It is acerbic, occasionally tediously detailed, and offers insight into some aspects of the human condition, which makes it timeless.

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4 things employers must do to keep current on HSA rules and regulations

Employee Benefit News

Employers that contribute to HSAs must monitor contributions, satisfy comparability rules, determine which financial organizations to work with and meet reporting requirements.

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The Importance of Employee Recognition: With Statistics and Examples

Vantage Circle

We all know that employee recognition is all about appreciating and rewarding the hard work and achievements of your employees. But do you know why is employee recognition important? It extends far beyond merely creating a positive and motivating workplace atmosphere. Employee Recognition serves as a fundamental cornerstone for organizational success.

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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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London Underground staff accept improved pay offer

Employee Benefits

Credit: sematadesign / Shutterstock.com Workers employed on the London Underground by Transport for London have accepted an improved pay offer following a long-running dispute over wages. The employees, who are members of trade union Unite, overwhelmingly accepted the increase, and will see their pay for the 2023 financial year rise by between 5.8% and 11%, with the lowest- paid grades receiving the largest increases.

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5 Scenarios When You Should Consider a Third-Party Investigator

HR Bartender

Estimated reading time: 5 minutes (Editor’s Note: Today’s article is brought to you by our friends at Case IQ , a leading provider of case management solutions that helps companies manage the process and workflow of investigators collecting and analyzing information related to a case, with the goal of resolving issues, managing risk, and identifying opportunities for improvement.

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California District Court Denies Motion to Dismiss 401(k) Excessive Fee and Underperformance Claims

Proskauer's Employee Benefits & Executive Compensa

A California district court recently denied a motion to dismiss claims that the fiduciaries of a 401(k) plan breached their ERISA fiduciary duties of prudence and loyalty by selecting underperforming, high-cost investments and causing the plan to pay excessive fees for services. The decision is notable for illustrating how pleading standards in investment performance and excessive fee litigation vary depending on jurisdiction.

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Changing shape of workplace is creating new opportunities for property market

Workplace Insight

After a challenging environment for commercial real estate in 2023, its fallout provides investors, developers and corporate occupiers with significant opportunities for value creation and transformational organisational change in 2024, says leading property management and investment firm, Colliers (EMEA) in its new market commentary: ‘ Engage, activate and accelerate performance: next generation real estate strategies’ [registration].

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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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20 of the happiest remote-friendly companies

Employee Benefit News

Using Comparably's Happiest Employees 2023 report, Flexjobs ranked which companies have the best cultures and are still hiring remote workers.

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What is Time and Attendance Management in HR?

Darwinbox

Time is a precious resource, especially within the realm of human resources (HR). Effective time management is vital for organizations to run smoothly and efficiently. This is where time and attendance management comes into play. This article provides an overview of the importance of time and attendance management in HR. It discusses the benefits of implementing a time and attendance management system and the various features that can be utilized.

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68% of employees suffer from health problems at work

Employee Benefits

Almost seven in 10 (68%) employees have reported suffering from health problems at work, according to research by Simplyhealth. The employee health plan provider, which surveyed 4,000 UK adults about their workplace health and wellbeing , and employer practice, also found that a total of almost 19 million days are taken off for physical health problems alone, while 25% of respondents who experienced a health problem said their workplace was not supportive in managing their pain.

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Job Seeker Wants Their Own Social Media Background Check – Ask #hr bartender

HR Bartender

Estimated reading time: 4 minutes I received a reader question recently that I’ve honestly never heard anyone ask before. It’s about doing your own social media background check. Hello. I need a referral for a company that will do a normal employment type background check on me. I’m over age 50 and have a lot of good consistent experience. I have been sending my resume around and had a couple call backs but no offers to hire yet.

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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?

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HR Trends of 2024 Help Ensure HR Does Not Become Obsolete

HR Digest

We’ve seen multiple reports regarding the HR trends of 2024 and there is concern across the board regarding job security and whether specific jobs will become redundant in the next few years. Whether you work in a broad HR role that covers multiple tasks and responsibilities or your role gets more streamlined into one area such as recruitment or talent retention, you should find some comfort in knowing that HR roles will never become entirely obsolete.

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What do we need offices for anyway? The Greeks had a word for it

Workplace Insight

The Greek word anagnorisis describes the sense of having just caught up with a truth that was always waiting for you. It’s a common literary and artistic device found in the plots of everything from Oedipus Rex to Macbeth, Star Wars and Fight Club, but it’s also a word that conveys a useful, complex idea that does not have an adequate English version.

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13 Company Retreat Ideas to Re-energize Your Employees

Vantage Circle

Have you ever noticed a dip in your employees' enthusiasm? Are they slipping into the depths of unproductivity? Well, such a scenario requires your immediate attention. You must attempt to infuse vitality by breaking them free from rigorous routines. This is where the idea of a company retreat comes into the picture. It plays a significant role in rejuvenating your employees.

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What Is Talent Management? Best Tips for a Successful Strategy

Qandle

Talent management is the strategic process of attracting, developing, motivating, and retaining skilled individuals within an organization. It involves recruiting the right talent, providing opportunities for growth and advancement, fostering motivation through recognition and rewards, and creating a supportive work culture to encourage employee loyalty and commitment.

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6 Steps to a Better Compensation Strategy

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.

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One-third unable to return to work full time due to childcare costs or availability

Employee Benefits

One-third (34%) of mothers in England said they are unable to return to work on a full-time basis due to childcare costs or availability, compared to just 12% of fathers, according to new Pregnant Then Screwed and Women In Data research. The former surveyed 35,800 parents in England, and the latter then extracted a nationally representative sample of 5,870 parents to create the 2024 State of the nation childcare report.

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HRAs for dummies

PeopleKeep

Healthcare is often a complex and confusing topic, especially when it comes to navigating insurance plans and understanding the different options available to your organization. One such option that many business owners and HR professionals may not be aware of is a health reimbursement arrangement (HRA). HRAs have become increasingly popular in recent years as a way for employers to offer affordable healthcare benefits to their employees.

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Expedia Layoffs To Affect 9% Of Workforce In a Bid To Refocus Resources

HR Digest

With a goal to drive efficiency forward this year, Expedia layoffs are moving ahead with a target of 9 percent job cuts in the upcoming weeks. Reports indicate that the company will soon lay off up to 1,500 employees of their current active workforce. News of the restructuring efforts followed the fourth quarter and full-year 2023 Expedia earnings call where the company actually presented pretty strong performance numbers.

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Thoughts of hybrid working should now turn to productivity and trust

Workplace Insight

Businesses now face the huge challenge of managing office returns and addressing the underlying generational divides and mistrust that have surfaced as a result of the pandemic years. With the Office for National Statistics (ONS) having released new data on UK productivity levels that show productivity remains sluggish, the impact of hybrid working models on productivity and employee well-being, especially in light of last year’s unprecedented spike in sick days, is an important issue.

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Bridging the Gap: The Intersection of DEI Initiatives and Employee Benefits

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.