Patriot Software
MARCH 27, 2023
Employee benefits beef up your compensation package. They can make or break your ability to hire and retain employees. For the most part, you can choose what to offer employees. But, there are several mandatory benefits you can’t afford to ignore. You not only need to stay competitive but also compliant.
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Employee Benefits
MARCH 27, 2023
What is a group personal pension (GPP)? A group personal pension is a defined contribution (DC) arrangement whereby an employer agrees to make monthly contributions into a scheme, but the contract is between the employer and the pension provider. The pension freedoms that were announced in the 2014 Budget, and came into effect in April 2015, gave employees more choices and greater flexibility over their retirement options.
BetterUp
MARCH 29, 2023
Jump to section What’s salary versus hourly pay?
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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.
International Foundation of Employee Benefit Plans
MARCH 28, 2023
From capital market return expectations to the rules that cover the program, a lot has changed in the two years since the American Rescue Plan Act was signed into law and created the Special Financial Assistance (SFA) program for struggling multiemployer pension […] The post <strong>Where We Are Now: Special Financial Assistance Under the American Rescue Plan Act</strong> appeared first on Word on Benefits.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Empuls
MARCH 27, 2023
Employees are an indispensable part of any organisation, and their mental and physical well-being is crucial. With organisations competing to attract and retain talents, employers increasingly recognise the importance of employee wellness programs. So, let's explore 15 innovative employee wellness program ideas that can be implemented in any workplace.
Employee Benefit News
MARCH 28, 2023
Money Talk
MARCH 29, 2023
Last year, I wrote a post that described the pros and cons of filing your income taxes by paper or electronically (e-filing). Looking back, it was also a “personal pep talk” for me because I knew I was part of a dying breed of paper income tax filers. Only about 8.2% of tax returns are filed by paper or, in numerical terms, nearly 13.2 million tax returns of the nearly 160.8 total returns that are filed.
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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
MARCH 29, 2023
Credit: Chris Lawrence Travel / Shutterstock.com Independent library service charity Suffolk Libraries has launched a ‘Menopause and Me’ programme to help employees experiencing the menopause and perimenopause. Suffolk Libraries partnered with mental health charity Suffolk Mind, which offers a free to access template for implementing a workplace menopause policy, help with creating a menopause-friendly workplace, and support for open conversations on the subject.
HR Digest
MARCH 28, 2023
Absenteeism in the workplace can be a significant challenge for organizations, resulting in decreased productivity, increased costs, and a negative impact on employee morale. The COVID-19 pandemic has brought attention to the issue of workplace absenteeism, highlighting the need for organizations to implement effective strategies to manage absenteeism at work.
Best Money Moves
MARCH 28, 2023
What causes financial stress? Here are 3 of the top causes of financial stress among your team. (Plus, what you can do about them.) According to a study by the FINRA Investor Education Foundation , 60% of American adults feel anxious while thinking about their personal finances, and 50% feel stressed when talking to another person about their finances.
Insperity
MARCH 30, 2023
Whenever there is economic uncertainty or public, mass lay-offs, it’s understandable why many employees may be worried about their job security. After all, one of the primary tactics that employers may deploy to help weather a recession is to cut company expenses, which often involves downsizing the business and a round (or several) of lay-offs and furloughs.
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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
MARCH 30, 2023
With a diverse workforce, recruitment firm SThree has taken steps to ensure it is able to support staff from different faiths. During Ramadan, employees who are fasting can take advantage of the organisation’s flexible-working policy, which means people can choose both the hours they work and where they work from. Gemma Branney, global director of purpose and inclusion, says: “It means employees who are fasting can request to start early or finish later to help them through the fasting per
HR Digest
MARCH 31, 2023
Employee stress and burnout are major concerns for businesses and organizations worldwide. In a fast-paced and demanding work environment, employees often face a lot of pressure and expectations, which can lead to stress, anxiety, and eventually burnout. As an employer, it’s important to recognize the signs of stress and burnout in employees and take proactive measures to manage and prevent them.
Best Money Moves
MARCH 28, 2023
3 ways to help employees fight financial stress and economic uncertainty. Learn more about how companies can help employees dial down financial stress during times of economic uncertainty. U.S. workers face an uncertain economic future, and the stress takes its toll. Nearly half of U.S. adults say that money issues negatively impact their mental health, according to a Bankrate study.
BetterUp
MARCH 30, 2023
Everyone loves a three-day weekend, and new trends in work might mean that every week is a little shorter. A four-day workweek may do more than give you an extra day to catch up on laundry, though. Research indicates that a shorter workweek benefits the employee, the workplace, and the environment.
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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
MARCH 30, 2023
Need to know: Employers need to think about ensuring workers from all faiths can thrive if they want to engage and retain talent. Measures that could help might include flexible leave policies for religious festivals, prayer rooms and tolerant dress codes. Benefits professionals will need to ensure they offer suitable pension investments and teambuilding activities.
HR Digest
MARCH 31, 2023
Employee retention is a crucial factor for organizations to maintain sustainable growth and competitive advantage. A high turnover rate can lead to increased costs associated with recruitment, training, and lost productivity, as well as a negative impact on employee morale and company culture. Therefore, it is essential for companies to adopt strategies that enhance employee retention.
Workplace Insight
MARCH 30, 2023
The announcement by Apple that it wanted its employees to work in an office for three days a week sparked the usual, tedious pile-on about how many days people should spend in a physical workplace each week. This included the columnist at Grazia who joins the tens of millions of people around the world who not only know where Apple is going wrong, but also how to run every other organisation in the world and what’s best for everybody who works for them.
15Five
MARCH 29, 2023
Manager effectiveness is a major driver of employee engagement, and managers have a large impact on their direct reports’ morale and performance. Yet, many managers often struggle to lead because they don’t have necessary skills to drive engagement and performance in the evolving workplace. As a result, many employees don’t see their managers as strong leaders.
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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
MARCH 29, 2023
Midlands-based law firm Higgs has received accreditation from the Living Wage Foundation. Employees at the firm will receive a minimum hourly wage of £10.90, exceeding the government’s minimum wage rate of £9.50 for those aged above 23, which is due to increase to £10.42 as of next month. The hourly figure set by the foundation was independently calculated based on the real life costs of everyday needs.
HR Digest
MARCH 31, 2023
Effective employee performance management is critical for achieving organizational goals and enhancing employee satisfaction and productivity. In today’s competitive business environment, it’s essential to develop strategies and systems that support ongoing employee development and goal attainment. When prioritized, this can further serve a business in the long run.
Qandle
MARCH 29, 2023
OKRs, which stands for Objectives and Key Results, is a management framework that organizations can utilize to set and accomplish their goals. This framework enables businesses to establish measurable objectives and track their progress in achieving them. To implement an OKR strategy effectively, organizations require suitable OKR tools. This article will evaluate the top 10 OKR tools for 2023, aiding you in selecting the most appropriate tool for your organization. 10 best OKR tools of 2023 Her
Workplace Insight
MARCH 26, 2023
The office has passed through five ages. The ‘coffee houses’ of the 17th century, yielded to the ‘clerical factories’ of the 19th as machines revolutionised work. After the Second World War, the ‘corporate offices’ of global corporations and William Whyte’s Organization Man dominated the scene. Following the launch of IBM’s PC in the early-1980s, we saw the rise of ‘digital offices’ in the 1990s, complete with internet, email and social media.
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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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