Employee Benefits

NOVEMBER 8, 2023

Don’t be age blind when supporting a multi-generational workforce As employers attempt to be more inclusive, they have tended to focus on gender and ethnicity as areas to improve on but there’s another important factor that is being overlooked. And that is age.

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Education Employee Benefits Employment Management 64

Workplace Insight

JULY 5, 2023

The findings come from a new BSI report entitled Lifting the Second Glass Ceiling, which explores why some women leave the workforce early for reasons other than personal choice.

Employment 98

Employment Management IT 98

Employee Benefits

JANUARY 12, 2024

Meanwhile, 34% have been swayed to take a job because of a competitive benefits package. Employers should foster a culture where their older workforce feels able and comfortable to continue their working lives. The post 36% will work past state pension age to cover daily expenses appeared first on Employee Benefits.

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Pension Retirement Plan Life Insurance Benefits Package 64

Employee Benefits

JANUARY 17, 2024

The age-friendly employer pledge, which was established by the Centre for Ageing Better, helps employers to recognise the importance and value of older workers and to promote physical and social environments that support healthy and active ageing, and a good quality of life for older people.

Employment 59

Employment Recruitment Employee Benefits IT 59

Employee Benefits

NOVEMBER 8, 2023

Don’t be age blind when supporting a multi-generational workforce As employers attempt to be more inclusive, they have tended to focus on gender and ethnicity as areas to improve on but there’s another important factor that is being overlooked. And that is age.

Education 59

Education Employee Benefits Employment Management 59

Employee Benefits

JANUARY 29, 2024

More want to offer at least a measure of benefit to the whole workforce. Indeed, research results revealed in September 2023 by Zest found that it has become the most important perk that employees look for in their benefits package, despite the fact that employer-paid cover creates a P11D liability.

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Employee Benefits

AUGUST 7, 2023

Research has shown that graduates value a good work-life balance and development opportunities when entering the workforce. The Covid-19 pandemic and cost-of-living crisis have meant that graduates are also looking for wellbeing and financial benefits.

Bonuses 98

Bonuses Health Transportation Health Insurance 98

Employee Benefits

JUNE 12, 2023

Established by the Centre for Ageing Better, the pledge helps employers to recognise the importance and value of older workers, resolve skills shortages, record vacancy rates and overcome ageism in the workplace. The post National Council for Voluntary Organisations becomes age-friendly employer appeared first on Employee Benefits.

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Employment Recruitment Employee Benefits IT 72

Employee Benefits

OCTOBER 5, 2023

By signing, the university has committed to take at least one action a year to improve the recruitment, retention and development of older workers. It will also design a mid-life review to support employees in their career, health and finance.

Employment 59

Employment Finance Consulting Recruitment 59

Employee Benefits

SEPTEMBER 19, 2023

Care home organisation Radfield Home Care York, Thirsk and Ryedale has signed the age-friendly employer pledge in order to help its older workers flourish in the workplace. Ed Gill, owner of Radfield Home Care York, Thirsk and Ryedale, said: “Here at Radfield, we have always proudly employed a diverse workforce of all ages from 20 to over-65.

Employment 59

Employment Recruitment Employee Benefits Management 59

Employee Benefits

JULY 3, 2023

Isle of Wight Council, Cardiff Council and Leeds City Council have become age-friendly employers by signing a pledge to support their older employees. In order to support its older workers, Isle of Wight Council introduced in-house age-friendly training and has made more staff aware of the challenges experienced by older people.

Employment 59

Employment Recruitment Employee Benefits IT 59

Employee Benefits

AUGUST 9, 2023

Employers can offer financial wellbeing support based on which benefits are most frequently used, which will highlight prevalent financial issues among employees. Tailored benefits that are personalised to employees’ needs offer an effective form of support. An employer can then offer further guidance to staff.

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Pension Retirement Plan Education Benefit Providers 98

Employee Benefits

AUGUST 9, 2023

In order to effectively communicate financial wellbeing support to its wide range of employees, UK NHS teaching trust Oxford University Hospitals uses a variety of methods to suit their needs and preferences.

Hospitality 98

Hospitality Finance Salary Electronics 98

Employee Benefits

MAY 5, 2023

Younger employees, aged between 18 and 24, take an average of three more sick days per year than their older peers, according to research by Health Shield Friendly Society. Matt Liggins, head of wellbeing at Health Shield, said: “Our survey has highlighted a real concern over the health of the youngest members of the workforce.

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Finance Employment Employee Benefits IT 95

Employee Benefits

SEPTEMBER 28, 2023

Global talent solutions business AMS has attained age-inclusive accredited employer status after signing a charter of commitments to support staff over the age of 50 in the workplace. The aim is to improve representation across workforces and remove employment barriers to marginalised talent.

Employment 59

Employment Health Employee Benefits Management 59

Employee Benefits

JANUARY 19, 2024

Business improvement and standards organisation British Standards Institution (BSI) has rolled out a menopause support and ongoing care programme for its employees worldwide. According to BSI, the initiative underscores its leadership and commitment to supporting employees as they navigate the menopause.

Education 59

Education Employee Benefits Employment IT 59

Employee Benefits

AUGUST 9, 2023

Credit: Richard Oldroyd / Shutterstock.com The University of Salford ensures it provides comprehensive financial wellbeing support and education that is targeted at all different groups of employees. These are hosted twice a year by a professional consultancy firm and are free of charge.

Pension 98

Pension Benefit Providers Education Professional Services 98

Workplace Insight

APRIL 25, 2024

The GPA is leading one of the country’s biggest and most ambitious workplace renewal programmes for its clients – delivering a smaller, better connected, better quality, and greener property estate to support the work of Civil Service teams and bring them closer to the communities they serve. Tackling siloed thinking was also seen as crucial.

Government 107

Government Hospitality Technology Management 107

Business Management Daily

APRIL 29, 2024

Most employees expect benefits. Fringe benefits are how employers make up the gap. Different benefits appeal to different teams, but what matters most is providing more than just the bare minimum—health insurance, workers’ compensation, and a competitive salary. People want more.

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Out of Pocket Cost PTO 401(k) Deductions 84

HR Digest

SEPTEMBER 2, 2023

They introduced concepts like employee benefits, job security, and participation plans. The government demanded an enormous number of aircraft and war materials to support the war effort. The war created a seismic shift in societal norms, with women comprising 65% of the aviation workforce by 1943.

Human Resources 116

Human Resources Management Government Employee Loyalty 116

Employee Benefits

MAY 18, 2023

Established last year to help overcome ageism in the workplace, and assist employers to resolve skills shortages and vacancy rates, the pledge helps recognise the importance and value of older workers. By signing the age-friendly employer pledge, we are demonstrating the importance of taking steps to support all ages within our workplace.

Employment 72

Employment Retail Recruitment Employee Benefits 72

InterWest Insurance Services

JANUARY 17, 2023

Besides health insurance and a 401(k) plan, other benefits that employees value highly are generous paid time off and flexible or remote work, according to a new survey. “A multi-generational workforce is a huge benefit for companies,” said Liz Ahmed, executive vice president of People and Communications at Unum.

401(k) 98

401(k) Health Insurance Insurance Voluntary Benefits 98

Best Money Moves

MAY 31, 2023

Money habits vary across the generations in your workforce. When it comes to saving for a rainy day, older generations fare better than their younger counterparts. With retirement near on the horizon, this leaves less opportunity for older generations to save for the later years.

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Retirement Plan Banking Finance Overtime 97

Achievers

FEBRUARY 2, 2021

The term “employee benefits” is used regularly, but often with a limited, traditional definition in mind. The traditional concept refers to legally mandated benefits plus a few voluntarily added by employers. What are employee benefits? . Employee benefits are non-salary compensation and perks.

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Employee Benefits Family and Medical Leave Act Employee Recognition Voluntary Benefits 237

Employee Benefits

MARCH 15, 2023

Support such as an employee assistance programme (EAP), flexible-working arrangements and a parent-friendly policy can help to create a culture where employees feel able to ask for help. As it can be a difficult time for parents , employers are exploring ways to support them. Providing support to these new parents is important.

Employment 119

Employment Paid Leave Work From Home Government 119

Employee Benefits

AUGUST 30, 2023

This will assist in creating more supportive and open workplaces, so they feel comfortable discussing their caregiving needs and responsibilities. From 2024, employees will be able to request flexible working hours and patterns twice in a 12-month period and will not have to explain any potential effect on their employer.

Family and Medical Leave Act 111

Family and Medical Leave Act Parental Leave Medical Employment 111

Employee Benefits

JANUARY 16, 2023

Women revealed that they are more worried than men about reporting mental health-related absences, at 60% versus 50% respectively, and younger employees are more worried than older ones, at 67% versus 46% respectively. The post One in three staff carry on working despite mental health issues appeared first on Employee Benefits.

Transportation 105

Transportation Education Media Medical 105

HR Digest

JANUARY 12, 2024

It is a crucible where tradition and innovation clash, forging a new paradigm in workforce dynamics. Benefits packages need a critical overhaul. How are you looking critically at your benefits? As we stand at the precipice of 2024, a revolution – not an evolution – awaits. The year ahead demands courage and audacity.

Human Resources 109

Human Resources Education Technology Benefits Package 109

HR Digest

APRIL 29, 2024

Fair chance hiring expands your talent pool with qualified individuals, fostering diversity and a loyal workforce. This approach not only broadens the talent pool for businesses but also aligns with the growing legislative trend of “ban the box” laws, enhancing workforce diversity and potentially increasing employee loyalty.

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Taxes Employee Retention Employment Employee Loyalty 52

HR Digest

JANUARY 10, 2023

It is a tragedy that so many people who have so much to offer are being denied the opportunity to continue making valuable contributions to the workforce. It is a tragedy that so many people who have so much to offer are being denied the opportunity to continue making valuable contributions to the workforce.

Healthcare 111

Healthcare Consulting Food Finance 111

Workers' Compensation Perspectives

JULY 5, 2022

For more than twenty years I have been speaking about demographic change to workers’ compensation insurers in the hopes of spurring policy changes in advance of an aging workforce and greater numbers of older workers in the workplace. Workers’ compensation and occupational health and safety are not keeping pace. in (Q1 2002).

Workers’ Compensation 52

Workers’ Compensation Health and Welfare Compensation System Transportation 52

Best Money Moves

AUGUST 18, 2021

The 3 best benefits for a multigenerational workforce. In a multi-generational workforce, it can be difficult to find employee benefits that address the needs of every employee. This article highlights the top 3 benefits that work well for multi-generational teams. Accessible and comprehensive health benefits.

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Health Insurance Health Savings Account Insurance Benefits Package 106

HR Digest

DECEMBER 30, 2023

Time and again, we see reports of how managers are struggling to handle the incoming workforce, and as a result, understanding Gen Z in the workplace has taken a back seat with many choosing to distance themselves from the cohort instead.

Technology 52

Technology Construction Media Employment 52

Employee Benefits

APRIL 17, 2024

Read on to explore the employee benefits that can help alleviate financial pressures during the cost-of-living crisis, enhancing mental health or wealth. Mental Wealth is a combination of mental health balanced with support, wellbeing, fitness, health, nutrition, and diet. Financial wellbeing and mental health are intrinsically linked.

Retail 52

Retail Pension Benefits Package Deductions 52

Higginbotham

DECEMBER 21, 2023

In this article, we’ll examine the current state of employee benefits , including expectations from potential and current workers, and outline some strategies businesses can utilize to make their company more competitive while anticipating the changing needs and wants of today’s workforce. What is holistic well-being?

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401(k) Benefits Package Retirement Plan Flexible Spending Account 52

Employee Benefits

JANUARY 18, 2023

With a clear focus on building the economy and supporting business, the bill only allows for reducing – and never imposing – additional regulatory burdens. Against a backdrop of a competitive labour market, there has never been a more important time for employers to show their support, helping to create a stable workforce.

Pension 52

Pension Benefits Package Bonuses Government 52

Best Money Moves

FEBRUARY 7, 2022

Thanks to the pandemic, employee financial wellbeing is a huge point of focus for many workforces. Here are 4 reasons why financial wellbeing is a must-have in your employee benefits package. Investing in financial wellness benefits can support employees’ overall wellness and help them focus while at work.

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Retirement Plan Finance Benefits Package Banking 93