Employee Benefits
FEBRUARY 5, 2024
Almost a third (30%) of employees have admitted that they have or would consider calling in sick to work despite feeling healthy, according to new research from MetLife UK. Published to coincide with National Sickie Day (5 February 2024), the day when most workers are likely to phone in sick, the insurance and employee benefits provider found that 40% did so as they felt burnt out.
Employee Benefit News
FEBRUARY 5, 2024
Employers that contribute to HSAs must monitor contributions, satisfy comparability rules, determine which financial organizations to work with and meet reporting requirements.
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Business Management Daily
FEBRUARY 5, 2024
Following the retirement of a colleague, Angela thoroughly expected the company to name her as the new executive secretary to the organization’s vice president. Instead, the position went to Denise, a fellow administrative assistant with slightly less time at the company. To say Angela was upset is an understatement. Though lacking any proof, Angela convinced herself that Denise got the position by sucking up to certain influential leaders.
Employee Benefit News
FEBRUARY 5, 2024
Major employers like IBM and Ikea are touting the benefits of pensions on their employees' financial well-being. Is the industry ready for a comeback?
Speaker: Sean Raible
Picture a workplace where physiological safety is not just an aim but a reality, driven by thoughtful employee benefits that prioritize mental health, wellbeing, and DEI. 🤔 ✨ Achieving this vision requires more than just occasional training sessions and employee assistance programs. Moving beyond the basics, this vision calls for a holistic approach that integrates these elements into your company culture as well as your HR and benefits strategy.
Employee Benefits
FEBRUARY 5, 2024
Jonathan Watts-Lay, Director, WEALTH at work, answers some key questions on the cost effective options available for employers to support financial wellbeing in the workplace. What options are available to employers to offer staff financial wellbeing support without breaking the budget? Implementing financial wellbeing support may not be as costly as employers might think, as it can be tailored to match the needs of a company and their budget.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Employee Benefits
FEBRUARY 5, 2024
There’s an abundance of national days in the UK and globally, and National Sickie Day is one of many that impact UK employers. Let’s be clear: National Sickie Day isn’t a call to action. Statistics show that it’s the day of the year when UK employees are most likely to call in sick. It’s just one day… right? Wrong. In 2020, around 600,000 workers called in sick on that ‘one day’, costing the UK economy almost £45 million in lost revenue!
McDermott Will & Emery Employee Benefits
FEBRUARY 5, 2024
What does December 31, 2024, mean to you? New Year’s Eve? Post-2024 election? Too far away to know? Our answer: December 31, 2024, is when we will go over a “telehealth cliff” if Congress fails to act before that date, directly impacting care and access for Medicare beneficiaries. What is this telehealth cliff? Read more […] The post 2024: The Year of the Telehealth Cliff appeared first on EMPLOYEE BENEFITS BLOG.
Wellable
FEBRUARY 5, 2024
One-third of companies offer wellness chatbots as part of their benefits packages. Weigh their pros and cons for a balanced approach to employee mental health. The post How AI Wellness Chatbots Can Bridge The Mental Healthcare Accessibility Gap appeared first on Wellable.
Employee Benefits
FEBRUARY 5, 2024
Credit: muk woothimanop/Shutterstock Need to know: Green electric vehicle (EV) salary sacrifice arrangements are growing in popularity. As well as tax savings, EVs can be cheaper to run and maintain, with used cars also a cost-effective option. Employees need to understand how benefit-in-kind (BIK) rates differ for both EV and internal combustion engine (Ice) cars.
Advertiser: Paycor
There’s a new overtime salary threshold that will impact employers across the country. If you have an employee making less than $43,888 on July 1 or less than $58,656 on January 1, you’re going to have to start paying overtime. Download Paycor’s guide to learn: Which groups of employees are affected? How should you classify employees? Best ways to mitigate risk.
BetterUp
FEBRUARY 5, 2024
A minimalist lifestyle can reduce mental and physical clutter, boosting your productivity and well-being. Here are 24 ways to simplify your life.
Employee Benefit News
FEBRUARY 5, 2024
Snap became the latest example, announcing on Monday that it's reducing its workforce by about 10%, or around 540 employees.
Employee Benefits
FEBRUARY 5, 2024
Law firm Stephenson Harwood has offered a salary sacrifice electric vehicle scheme to its 700 employees through provider Tusker since 2022. One of the key points throughout, but especially now during the cost-of-living crisis, is ensuring that both the costs and savings are totally clear for any employee interested in signing up, says David Tripp, payroll and pension specialist at Stephenson Harwood.
Employee Benefit News
FEBRUARY 5, 2024
MyPerfectResume found that 85% of workers are worried about losing their jobs in 2024.
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In today’s dynamic work landscape, where the lines between personal and professional life blur, understanding the intricate interplay between social determinants of health (SDoH) and emotional wellbeing is paramount. Employers must acknowledge that the whole person comes to work and every aspect of a person’s personal and professional life, especially their mental health, comes with them.
Workplace Insight
FEBRUARY 5, 2024
Eric Parry Architects have put forward revised plans for the One Undershaft tower in central London. A planning application for the project was first submitted to the City of London authority in 2016. The revised plans would make it the joint tallest building in the UK. At nearly 290 m tall it was originally planned be one of the tallest skyscrapers in Western Europe.
Darwinbox
FEBRUARY 5, 2024
The elements of performance management have evolved over the years. We at Darwinbox were keen on dissecting these emerging trends, and brought together HR leaders to share their thoughts on the future of performance management.
Employee Benefits
FEBRUARY 5, 2024
Credit: nitpicker / Shutterstock.com Energy provider E.On UK has reported a 13.1% mean hourly gender pay gap for 2023, down 0.5% from 2022’s figure. The employer’s median hourly gender pay gap was 21.2%, down 3.9% from the prior year’s figure. Its mean average bonus pay gap was 44.2% in favour of men and its median average bonus pay gap was 55.5% in favour of men.
Employee Benefit News
FEBRUARY 5, 2024
J&J allegedly mismanaged the company's prescription-drug benefits program, according to a lawsuit filed by an employee.
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The pressure is on to create a positive onboarding experience. Plus, a sub-par onboarding process can domino into other concerns such as low performance, burnout (for you and new hires), and retention challenges. Our 2024 State of HR report will give you a realistic picture of the HR landscape and tips to onboarding effectively in the year to come.
Employee Benefits
FEBRUARY 5, 2024
An employment tribunal has found that a former AstraZeneca scientist with a mental health disability was wrongfully dismissed. James Muir, a senior scientist who had been developing the pharmaceutical firm’s recently approved cancer drug Truqap, had worked there since 1998. He suffered from chronic depression and anxiety and had taken extended leave as a result of these conditions.
HR Lineup
FEBRUARY 5, 2024
Any business requires the best payroll software 2024 to manage its employees’ payroll. The software should be very effective to manage taxes and employee benefits. It should also ensure that employees receive accurate information concerning their wages/salaries or any other deductions. Additionally, an excellent payroll software does digital record keeping, enabling you and your employees to easily access the necessary information on payroll anywhere, with any device.
Employee Benefits
FEBRUARY 5, 2024
GetYourGuide, an online marketplace to book and sell travel experiences globally, has appointed Genevieve Vancutsem-Zednik as its new chief people officer. As of March, Vancutsem-Zednik will be responsible for setting the human resources and people strategy for GetYourGuide’s 800 employees across its 17 offices around the world as it expands its presence in the Americas.
HR Lineup
FEBRUARY 5, 2024
In the dynamic landscape of digital marketing, businesses are constantly seeking innovative ways to amplify their brand presence and engage with their target audience. One strategy that has gained significant traction in recent years is employee advocacy. Leveraging the influence of employees to promote a brand on social media and other channels has proven to be a potent tool for enhancing brand visibility and credibility.
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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.
Professionals Alternative
FEBRUARY 5, 2024
[link] Streamlining Talent Acquisition: A Guide to Seamless Recruitment for Administrative Excellence Introduction to Talent Acquisition In today’s competitive business landscape, finding and attracting top talent is crucial for any organization’s success. Talent acquisition, the process of identifying, assessing, and hiring skilled individuals, plays a pivotal role in building a high-performing workforce.
HR Digest
FEBRUARY 5, 2024
As prophesied in the months that just passed, return-to-office policies are claiming more companies slowly and it seems employees are just as reluctant to return as predictions said they would be. Back in September, Resume Builder had estimated that around 90 percent of companies would be back in the office by the end of 2024, and 30 percent of these companies had reportedly taken a firm stance on these RTO policies, willing to fire employees who did not concede defeat.
Empuls
FEBRUARY 5, 2024
Ash Wednesday emerges as a solemn yet transformative moment, resonating with echoes of introspection and renewal. As we stand on the threshold of Lent, Ash Wednesday beckons us to pause, to reflect, and to rekindle the embers of our spiritual journey. Beyond its religious significance, Ash Wednesday offers a universal message—a call to embrace humility , reconciliation, and inclusivity in our personal lives and, importantly, within the fabric of our workplaces.
Hppy
FEBRUARY 5, 2024
Volunteers are the cornerstone upon which charitable organizations build their impact. Yet, inspiring and sustaining their zeal presents a unique set of challenges that stray from conventional employee management. Volunteers offer their time for reasons as varied as the causes they support, requiring a tailored approach to keep motivation high. In this exploration, we’re zeroing in on practical strategies explicitly crafted for nonprofits looking to kindle that spark in their volunteers.
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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.
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