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Oxford University Hospitals deploys multiple methods to communicate financial support

Employee Benefits

It offers financial wellbeing support , provided by Salary Finance, such as lower interest and higher acceptance rate loans, and a help-to-save scheme that deducts savings from salaries each month, and has launched a dedicated intranet site for its cost-of-living support.

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What are The Pre-Payroll activities? A detailed overview

Qandle

Time and Attendance Management: If your organization tracks employee hours worked, you need to gather time and attendance records. This may involve collecting timesheets, time clock records, or electronic time tracking data. It’s important to ensure accuracy and resolve any discrepancies before processing payroll.

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Identify Your Workers’ Needs, Consider Costs before Open Enrollment

InterWest Insurance Services

With answers and feedback in hand you can create a benefits package that is more appealing to them, which in turn gives you a competitive edge when attracting and retaining workers. Engage employees and solicit feedback through quarterly employee-benefits round table meetings.

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Popular virtual care options for today’s workforce

Insperity

Employees can quickly receive attention for medical issues or get their health questions answered with a few clicks on an electronic device – without ever leaving their home. Virtual care improves access to the health care system and other health resources by enhancing convenience, efficiency and cost effectiveness.

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Earned wage access: A win-win for employers and employees

Business Management Daily

If your employees constantly count the days until payday, offering earned wage access may ease some financial stress. Earned wage access is a rising employee benefit among employees and their teams. Is it worth offering to your employees? These issues can damage their credit score and financial wellness over time.

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How Much “Tech” is Your Ben Admin Technology Solution Really Using?

HR Professionals Magazine

By Kisha Moliere It is common to think of benefits administration technology (ben admin) platforms as a tool that only facilitates employee benefits enrollment and transfers benefits eligibility data between carrier and payroll systems.

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Top tips to help employees manage their money this festive season

Employee Benefits

For example, many workplaces offer employee discount schemes on grocery shopping and eating out. Some even offer discounts on retailers, allowing for saving on Christmas presents including electronics such as laptops or mobile phone and children’s toys. 20% or even 10% off a festive shopping bill can make a big difference!