Employee Benefit News

DECEMBER 14, 2023

The chief well-being officer from EY and chief people officer from Headspace reveal what benefits will be vital to employee productivity and retention.

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Employee Benefits 119

Employee Benefits

FEBRUARY 7, 2023

EXCLUSIVE: Nine in 10 (90%) employees reported that their financial situation is either stable or improved after switching to a flexible pay cycle, according to research from Wagestream. The financial wellbeing provider’s whitepaper ‘Unlocking the pay cycle’ was authored by its head of impact and inclusion Emily Trant, with advisory input from Resolution Foundation, Money and Pensions Service, Nest Insight, RideTandem and the University of California, Berkeley.

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PayrollOrg

OCTOBER 12, 2023

On October 12, the Social Security Administration announced that the 2024 social security wage base will be $168,600, which is an increase of $8,400 from $160,200 in 2023.

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Achievers

JANUARY 31, 2023

Employees and job candidates now look far beyond salary when deciding whether to remain at or join an organization. While great compensation and benefits still matter, factors like inspired company culture, and truly engaging work are more important than ever. In short, people are looking for a great employee experience that lasts from the moment they apply for a job until the day they leave the organization.

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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.

Management

Employee Benefits

SEPTEMBER 14, 2023

Competition for talent was cited by three-quarters (77%) of employers as a key issue influencing their benefits strategy , according to research by global advisory, broking and solutions firm Willis Towers Watson (WTW). Its Benefits trends survey , which surveyed 339 UK organisations across a range of industries about their benefit strategies, also found that despite 45% of UK employees favouring workplace benefits that support long-term finances and retirement, more than half of employer respo

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Employment Finance Salary Employee Benefits 122

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.

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Employee Benefits

JUNE 9, 2023

By Tracey Ward, Head of Business Development & Marketing at Generali UK Employee Benefits Over 2 million people in the UK with self-reported Long Covid have now had symptoms for at least a year. It can present significant challenges in the workplace because, unlike with long-term conditions such as cancer and diabetes, the prevalence rates for Long Covid are greatest in the working age population (35-69 years).

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PayrollOrg

OCTOBER 27, 2023

Effective January 1, 2024, employees in California will be entitled to additional paid sick leave.

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Paid Sick Leave 232

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.

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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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BetterUp

FEBRUARY 22, 2023

Jump to section What is imposter syndrome? What causes imposter syndrome? Characteristics of imposter syndrome Types of imposter syndrome What kind of imposter are you? 15 questions to help you find out How to deal with imposter syndrome 10 tips for dealing with your imposter syndrome Bias and imposter syndrome The prevalence of imposter syndrome and why it matters “Any day now, they’re going to realize what a mistake they made in hiring me.

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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.

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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

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Architecture IT 119

Business Management Daily

MAY 3, 2023

Poor communication in the workplace can happen at any and every level. Regardless of whether it involves top brass or a brand-new hire, the result is often an undesirable mess. But what does poor communication look like? Many people might explain it differently, yet we typically recognize it when we see it. In order to improve communication , it’s necessary to understand what poor communication skills look like and their negative impact on the workplace.

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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.

IT

Proskauer's Employee Benefits & Executive Compensa

OCTOBER 27, 2023

In late 2022, the U.S. Department of Labor (the “DOL”) issued final regulations (the “Final Rules”) which address the extent to which ERISA plan fiduciaries may consider environmental, social and governance (“ESG”) factors when making investment decisions and exercising shareholder rights, such as voting proxies, on behalf of ERISA-covered plans. For a detailed discussion of the Final Rules, see here.

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Genesis HR Solutions

MAY 10, 2023

We’ve talked about the importance of an employee handbook from our perspective, but we thought it would be interesting to hear directly from CEOs, business owners, and HR managers about how employee handbooks have made a difference at their companies. Check out their perspectives below—you’ll likely find something that surprises you! Unfortunately, most employers don’t have a handbook that thoroughly addresses the processes and activities of their employees.

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Employee Benefit News

NOVEMBER 30, 2023

Baby boomers may be wealthier, but millennials have benefited from a number of retirement reforms, new research shows — and they still have more time to save.

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Insperity

MARCH 2, 2023

Whether you’re a seasoned manager, recently promoted into a leadership role or you are responsible for an entire team of leaders, everyone should be asking the same question: How can I (or we) exercise more effective, influential and empowering leadership? The answer tends to lie in management style : Is your approach to leadership geared for the “traditional” boss?

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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?

Utilities

Employee Benefits

NOVEMBER 22, 2023

An employment tribunal has ruled that stress can be considered disability without a formal mental health diagnosis from a doctor. At a preliminary hearing to discuss a case brought against Aneurin Bevan University Local Health Board, the tribunal panel in Cardiff found that claimant Mrs Phillips could be considered disabled under the Equality Act 2010.

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PayrollOrg

OCTOBER 24, 2023

Starting November 1, employers must use the version of Form I-9, Employment Eligibility Verification, with an edition date of 8-1-23.

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Employment 239

HR Digest

JANUARY 9, 2023

As the world continues to evolve at a rapid pace, HR trends in 2023 are expected to follow suit. From the incorporation of technology to shifts in company culture, HR professionals and thought leaders are keeping a close eye on what the future holds for the industry. One of the biggest global HR trends for 2023 is the increasing importance of diversity, equity, and inclusion.

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BetterUp

APRIL 27, 2023

Communication skills are some of the most utilized and the most sought after in the workplace. They’re essential for leaders and individual contributors to hone. Looking at our largely remot and hybrid work environments, great communication skills make the difference between connected, agile teams, and teams who fail to collaborate, stay aligned, and achieve common goals.

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Utilities 131

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.

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TalentCulture - Employee Benefits

OCTOBER 23, 2023

The Problem With Grind Culture In recent years, “hustle” and “grind” culture have become equated with drive, ambition, and success. The logic is that if you are not incessantly working, you won’t meet your goals. Grind culture also ties a person’s worth to the product they produce. However, it comes at the expense of individual […] The post Grind Culture Isn’t Working.

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Employee Benefits Employee Wellness IT 123

Workplace Insight

NOVEMBER 29, 2023

Over the past week or so, this image has gone viral on social media. It is of a group of Bauhaus design students from around 1927. They are called Martha Erps, Katt Both and Ruth Hellos. The full image (reproduced below) shows them with legendary office furniture designer Marcel Breuer, who Erps would later marry. The story of the photograph can be found here.

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International Foundation of Employee Benefit Plans

OCTOBER 9, 2023

I’d like to think I’m working toward breaking down the stigma of mental health. I have family members, friends and colleagues who struggle with various challenges, and I have had bouts of anxiety and depression throughout my life. Yet, when someone is […] The post Six Steps to Addressing Mental Health in the Workplace appeared first on Word on Benefits.

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Employee Benefits 113

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.

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Recruitment Health Employee Retention Employment 111

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Hiring a new employee is an expensive and time-consuming process. According to the Society for Human Resource Management (SHRM), it typically costs $4,425 to hire a new employee — not to mention the 36 days the average team spends trying to fill a position. Yet nearly 1 in 5 employees (16%) of employees quit in their first week — and 17% leave after the first month.

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