CorpStrat
JANUARY 22, 2024
As we settle into 2024, many teams have recently renewed their Employee Benefits plans. It’s the perfect time to take a closer look and remind your employees about the fantastic, often underutilized benefits these plans offer. From free to low-cost options, these benefits are not just perks – they’re valuable resources for your employees and their dependents.
PeopleKeep
JANUARY 24, 2024
Franchises are a common type of organization in the U.S. In 2023, there were 805,000 franchises nationwide, generating $860.1 billion in revenue 1. Because of their potential for higher profits under the umbrella of a recognized brand, franchise businesses are often a draw for entrepreneurs. But as with any other business, you must know your health insurance obligations before hiring workers.
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Employee Benefits
JANUARY 22, 2024
Here are 5 benefits to engage your Gen Z workforce H1; The Five Benefits That Gen Z Want in the Workplace Gen Z will comprise a third of the workforce within the next few years. So what benefits must companies adopt in order to attract and retain this new generation of talented employees? Born after 1995, Gen Z is slowly replacing retiring Baby Boomers within the workforce.
Winston Benefits
JANUARY 23, 2024
For most, the start of a new year marks a fresh beginning; however, for many HR professionals, January means the end of open enrollment (OE). While OE certainly brings about its challenges for HR and benefits professionals, it also can give them a clearer idea of what’s working and what’s not for their employees. This … Continue reading "The State of Employee Benefits Following Open Enrollment 2023" The post The State of Employee Benefits Following Open Enrollment 2023 appeared first on Wi
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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
JANUARY 24, 2024
Need to know: Crypto currency is still unusual in pay strategies with early adopters predominately technology businesses and the professional services firms that support them. Crypto currency is subject to income tax when an employee receives it but could also incur a capital gains tax charge if they hold it for more than 30 days. The growth of digital and micro payments over the next 10 years could see crypto currency become more common in pay strategies, especially for incentive schemes and gl
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
PayrollOrg
JANUARY 26, 2024
The U.S. Department of Labor released its list of potential FUTA credit reduction states for 2024, and they are California, Connecticut, New York, and the Virgin Islands. The determination will be made after November 10, 2024.
Workplace Insight
JANUARY 21, 2024
London’s office market continues to adapt to evolving workforce demands. The normalisation of hybrid and flexible working since the pandemic remains the biggest cultural shift that the office sector has witnessed in decades. In addition to the rise in demand for quality-as-a-must in 2023, collaboration, culture, and connectivity will lead the charge for office space trends in the year ahead.
Employee Benefit News
JANUARY 26, 2024
Mercer ranked which cities worldwide have the highest quality of life according to factors like safety, national stability, public services, cultural richness and infrastructure.
HR Bartender
JANUARY 25, 2024
Estimated reading time: 4 minutes I came across an article recently on CNBC that said 90% of companies plan to implement return to the office policies by the end of 2024. This isn’t surprising. Organizations have been talking about return to the office policies mandates for quite some time. That’s not what I want to talk about today. I want to talk about meetings.
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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.
Employee Benefits
JANUARY 23, 2024
Supermarket Lidl GB is to give its 26,000 hourly-paid employees a pay rise as part of a £37 million investment into their wages. From 1 March, entry level rates will increase from £11.40 to £12 outside of the M25, rising to £13 with length of service. For those working within the M25, wages will increase from £12.85 to £13.55, increasing to £13.85 over time.
Workplace Insight
JANUARY 24, 2024
The UK Green Building Council (UKGBC) has launched new guidance on retrofitting large office buildings. Setting out the most cost- and carbon-effective retrofit measures in the immediate and longer term, the guidance reframes retrofit as an iterative process rather than a standalone project. UKGBC has found that significant opportunities are being missed by office investors, owners, and occupiers who do not have clear strategies to retrofit offices in place.
Employee Benefit News
JANUARY 24, 2024
Lesli Marasco, VP of global benefits and well-being at AbbVie, shares her story as a cancer survivor and caregiver for her parents after their cancer diagnoses.
PayrollOrg
JANUARY 25, 2024
IRS provided filers with updates on the Information Returns Intake System (IRIS) during its January working group meeting.
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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!
Employee Benefits
JANUARY 23, 2024
Credit: Andrew Ogilvy Photography London-based executive support recruitment firm Bain and Gray has become an employee-owned firm by establishing an employee ownership trust (EOT). The EOT gives the organisation’s 20 employees a stake in the business, a greater say in how it is run and an annual share of its profits. Co-founders Emily Bain and Claire Gray will remain as managing director and finance director respectively, to ensure continuity of service.
Workplace Insight
JANUARY 22, 2024
Over a third of adults experienced high or extreme levels of pressure and stress always or often in the past year (35 percent), according to the new annual report from Mental Health UK. The report warns that the UK is at risk of becoming a ‘burnt-out nation’. Against a backdrop of rising levels of people out of work due to long-term sickness, the polling of over 2,000 UK adults by YouGov for the Mental Health UK reveals that one in five workers (20 percent) needed to take time off due to poor me
Employee Benefit News
JANUARY 23, 2024
An HR expert discusses how organizations can diversify the talent pool to incorporate more women, and protect STEM fields at the same time.
PeopleKeep
JANUARY 24, 2024
Choosing the right health insurance plan can be a complex decision. With so many options available for employers and individuals, it’s important to educate yourself about the different types of plans available.
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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.
Employee Benefits
JANUARY 22, 2024
Facilities management employer Mitie, The Perfume Shop, pharmaceutical firm Thornton and Ross, and insurer NFU Mutual UK have been certified as UK top employers. Created by the Top Employers Institute, the UK top employer accreditation recognises employers’ commitment to HR initiatives and practices. They must demonstrate how they support employees across 20 areas of HR, including people strategy, work environment, talent acquisition, learning, diversity, equity and inclusion , and wellbeing.
Workplace Insight
JANUARY 22, 2024
The City of Salford is now home to Eden , one of the UK’s most sustainable office buildings, containing Europe’s largest living wall. From the site of a derelict surface car park with no benefits to the people of Salford, English Cities Fund (ECF) has created a 115,000 sq ft development that will transform this neglected urban area into a diverse mixed-use destination and form a key part of ECF’s £1bn regeneration of the Salford Central area.
Employee Benefit News
JANUARY 25, 2024
Phrases like "Who cares?" and "You're overreacting" can trigger unnecessary conflict among employees.
Qandle
JANUARY 22, 2024
Embarking on a new professional journey is an exciting yet crucial phase in one’s career. One of the key documents that mark this milestone is the joining letter. In this comprehensive guide, we’ll explore the importance of a joining letter, its components, and provide sample templates to help you craft a document that ensures a smooth onboarding process.
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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.
Employee Benefits
JANUARY 24, 2024
Global law firm Taylor Wessing introduced an incentive programme in 2023 , enabling its UK lawyers to award, trade and redeem crypto tokens, known as LAW Tokens. Paul Thorpe, a partner at Taylor Wessing and one of the leads on the initiative, says there are several reasons behind the programme. “We’re a leading legal services firm for blockchain companies so it shows our clients we understand and back the technology,” he explains.
Workplace Insight
JANUARY 22, 2024
No part of the UK has escaped the impact of the flatlining of the UK economy since 2010, according to new analysis published by the Centre for Cities in its Cities Outlook 2024 report. At the national level, people have been left with £10,200 less to spend or save on average since 2010 than if the economy had grown at pre-2010 trends. The report also suggests that a marked rise in employment has happened in parallel with overall falling productivity.
PeopleKeep
JANUARY 24, 2024
In today's competitive labor market, you have to stay ahead of the game when it comes to recruitment. The hiring season refers to the peak times when job seekers actively search for new opportunities and companies seek to fill vacant positions. Understanding when the hiring season occurs can give you a competitive edge in attracting top talent.
Business Management Daily
JANUARY 23, 2024
Prior to coming on board as the new departmental manager, Andrew heard a great deal about an employee named Kristen. When he looked over past performance reviews to get a feel for his new team, her evaluations stood out as particularly stellar. Bosses described her as passionate, reliable, productive, and accommodating. Even in the notes the previous manager left for him, she merited individual mention: “Rely on Kristen when you need something done.
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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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