WEX Inc.
APRIL 4, 2023
With 42% of HR teams struggling to keep up with the numerous challenges of their job , actions should be taken to avoid HR burnout. Outsourcing your benefits with an administrator you can trust is a smart way to lighten HR workloads and set yourself up for success. If your current ben admin partner is failing to meet expectations, now is the time to consider switching ben admin providers.
Patriot Software
APRIL 3, 2023
Offering a retirement plan comes with a host of benefits, including generous 401(k) tax credits, while also serving as a potent tool for recruiting and retaining top talent. There are also unique benefits that come from integrating your 401(k) plan with your payroll provider.
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International Foundation of Employee Benefit Plans
APRIL 4, 2023
April is National Financial Capability Month in the U.S., which represents an opportunity for employers and plan sponsors to help their employees and plan participants boost their money skills. One audience, however, that employers may not typically consider for financial education is […] The post Money Savvy Kids: How Plan Sponsors Can Help Build Financial Capability for Families appeared first on Word on Benefits.
PeopleKeep
APRIL 5, 2023
When you have exceptional employees, you want to reward them for their hard work. A promotion or bump in salary isn't your only option to show appreciation. You can recognize an employee's extra effort or specific accomplishments with a spot bonus. Unlike annual bonuses, spot bonuses are given "on the spot" to reward an employee for a particular action or behavior.
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Discover how Color's comprehensive care solution is revolutionizing cancer screening adherence and knowledge. Through an in-depth case study, Color's unique approach to comprehensive cancer care has shown significant benefits in increasing screening rates and enhancing patient knowledge. Participants reported a 2-3x increase in adherence to screening guidelines over just 8 weeks, with 84% of participants increasing their familiarity with timing and frequency of cancer screening.
Employee Benefits
APRIL 4, 2023
Employee Benefits poll: Almost nine in 10 (89.7%) Employee Benefits readers feel the government should have aimed for a shorter implementation timeline for the free childcare initiative introduced during this year’s Spring Budget. A total of 6.1% said that they did not think the government should have aimed for a shorter implementation timeline, whereas 4.2% were unsure.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
BetterUp
APRIL 5, 2023
When a loved one passes away, it puts emotional and mental stress on those left behind. The death of an employee’s family member often also brings logistical, financial, and administrative tasks. In addition to dealing with the reality of the loss, many people will suddenly find themselves in the position of executor, planner, and often mediator.
TLNT
APRIL 4, 2023
Last week, a spat about the veracity of government data between a prominent HR academic and the Bureau of Labor and made unexpected news.
HR Lineup
APRIL 6, 2023
In today’s global economy, companies are expanding their businesses across borders, opening new markets, and exploring new territories. As a result, global workforce management has become an essential aspect of every organization’s success. One of the primary challenges that companies face is navigating the complex landscape of international employment law, regulations, and compliance requirements.
Money Talk
APRIL 6, 2023
At the 2022 Retirement Summit sponsored by the Employee Benefit Research Institute (EBRI), there were four main topics: improving individuals’ access to retirement savings plans, reducing plan leakage (i.e., when workers take a pre-retirement distribution), helping people spend down their assets in retirement, and improving investment outcomes for American workers within the retirement system.
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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.
HR Digest
APRIL 7, 2023
Workplace trust is a vital aspect of any successful organization. Without it, employees may feel disconnected from their peers, their superiors, and the organization as a whole. Building trust in the workplace is not only essential for creating a positive work environment but also for achieving organizational goals and building workplace integrity.
Proskauer's Employee Benefits & Executive Compensa
APRIL 4, 2023
On remand from the U.S. Supreme Court, the Seventh Circuit issued its opinion in Hughes v. Northwestern University , concluding that participants in two Northwestern 403(b) plans plausibly pled fiduciary-breach claims based on allegations of excessive recordkeeping and investment management fees, but dismissed their claim that too many investment options caused them “decision paralysis.
TLNT
APRIL 5, 2023
Organizational structures have traditionally focused on empowering employees to work exclusively in their specialist role – but this may no longer be the smartest approach for organizations that want to maximize their capacity and boost productivity.
Employee Benefits
APRIL 3, 2023
Pension and group risk Trust-based defined contribution pension with 12% employer, 3% employee minimum contributions. Additional voluntary contributions. Group income protection benefit that pays 75% up to state retirement age. Life assurance at 10-times salary. Healthcare and wellbeing Private medical insurance (PMI), subsidised for all employees. Employees pay £30 per month for individual cover and up to £80 per month for family.
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!
HR Digest
APRIL 5, 2023
Workplace harassment is a serious issue that affects millions of workers worldwide. It can take many forms, including verbal abuse, physical assault, intimidation, and discrimination based on race, gender, sexual orientation, or disability. Not only does harassment create a hostile and toxic work environment , but it can also have serious psychological and physical effects on the victim.
PeopleKeep
APRIL 7, 2023
There are 31 million 1 entrepreneurs in the U.S. While it can be exciting to start your own business, be your own boss, and do what you love, it can be challenging. One challenge you may face is attracting and retaining key employees. Once you have your first hire in place, it’s critical that you build a compensation package that includes a meaningful health benefit your employee will appreciate.
Business Management Daily
APRIL 6, 2023
Have you ever sat down to a one-on-one with your boss, heard a shallow compliment, and started to think, “Oh boy, here it comes”? You’re not alone. It wasn’t all too long ago that the feedback sandwich—the practice of delivering bad news in between a pair of positive notes—was considered an innovative new best approach for effective communication skills.
Employee Benefits
APRIL 6, 2023
We often talk about employee experience here at Sodexo Engage, but it’s been a while since we dug deep into what it is. WHAT IS THE EMPLOYEE EXPERIENCE? In a nutshell, employee experience is what we see and experience while at work, from the moment a candidate starts the recruitment process to their very last day. It brings together employee engagement, culture, all aspects of the workplace, HR, management, and anything else that might impact people.
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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.
HR Digest
APRIL 5, 2023
Effective communication skills are a critical aspect of human resources (HR) management. HR professionals must communicate with employees, managers, and other stakeholders regularly to ensure that everyone is informed, engaged, and aligned with the organization’s goals and values. In this article, we will explore why effective workplace communication is essential in HR and provide tips on how to communicate effectively in the workplace.
Benefit Resource Inc.
APRIL 7, 2023
Since April is Stress Awareness Month, we’ve highlighted five pre-tax benefit services and resources to keep your stress levels low and your health levels high. ID Theft Services When your card goes missing or your identity is compromised, your initial reaction might be panic. But you can keep your funds, ID and mental health safe by signing up for ID Theft Services.
Workplace Insight
APRIL 4, 2023
Perhaps the least surprising news from the current AI media frenzy is that Buzzfeed has already been using the tech to publish a lot of its stories. There’s an obvious response to this and it’s not about how amazing the AI is. If an artificial intelligence can write vast quantities of formulaic clickbait stories on your website without anybody noticing, then the problem is with your original approach to ‘content’ and how it’s consumed.
Employee Benefits
APRIL 5, 2023
Stress is an individualised experience. What one person identifies as a stressor will differ to the next person, and those experiencing the same stressor will have a different response to it. As an employer, it can often be challenging to support stress at an individual level. Therefore, a way of approaching this is by creating a people-first workplace culture which encourages open communication, the development of overarching skills such as resilience, and provides psychological safety.
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Explore the latest insights from the American Cancer Society's “Cancer Statistics 2024” report, which unveils multiple alarming trends in cancer data. Cancer is on the rise among young adults, and diagnoses for 6 of the 10 most common cancers are escalating. With over 2 million new cancer cases projected in the U.S. this year, employers face increased challenges when it comes to supporting employees.
HR Digest
APRIL 5, 2023
In today’s competitive job market, creating a positive employee experience is essential for attracting and retaining top talent. A positive workplace experience goes beyond salary and benefits and encompasses the overall culture, work environment, and employee engagement. In this article, we will discuss strategies for creating a positive workplace culture that can help increase productivity, reduce turnover, and improve employee wellness and morale.
Qandle
APRIL 3, 2023
Terminating an employee is never an easy task, but sometimes it’s necessary to ensure the success and productivity of a company. One of the key aspects of a termination is communicating with the employee in a professional and respectful manner. This is where a termination email comes in. In this blog, we’ll be discussing the importance of a termination email and providing a template that you can use to communicate the news to an employee in a clear and compassionate manner.
Workplace Insight
APRIL 3, 2023
A new report, Future of Work Life , from Ericsson Consumer & IndustryLab explores the ways in which employees and employers navigate the current work environment and their views on the future of work shaped by the pandemic, digitalisation and the fluctuating labour market. Almost half (48 percent) of the employees in the study say that they enjoy increased flexibility at work. 52 percent consider flexible work hours or locations as key requirements, and 25 percent say that flexibility is the
Employee Benefits
APRIL 5, 2023
Stress in the workplace is nothing new. In the early 1970s, it was noted by the Trades Union Congress (TUC) that there had been a significant rise in working days lost in the 1960s due to workplace stress. Fast forward to today, and Gallup’s State of the workplace 2022 report , published in July 2022, found that stress is now higher among employees than pre-pandemic.
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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
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