Mon.Feb 13, 2023

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Virtual Travel Benefits Are Taking Off. Here’s Why

TalentCulture - Employee Benefits

Work Norms Are Changing In 2019, about nine million U.S. civilians worked from home on a regular basis. Then the pandemic arrived. Nearly overnight, remote work became a necessity for a vast number of employees. In fact, by 2021 the U.S. remote workforce had tripled to nearly 28 million people. Now, as Covid fades, the […] The post Virtual Travel Benefits Are Taking Off.

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How can employers help staff avoid burnout while managing productivity?

Employee Benefits

Burnout symptoms include increased frustration and irritability, indifference towards work, being withdrawn and tearful, higher levels of absence, and less inclination to learn and develop. Having regular conversations about mental health with employees, understanding more about the reasons behind burnout, and highlighting what support is available, is key.

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APA Meets With U.S. Department of Education on Loan Garnishments

PayrollOrg

The APA met with the Department of Education about student loan garnishments and resuming garnishments after the COVID-19 pause.

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UK Power Networks prevents burnout with refreshed mental wellbeing support

Employee Benefits

Electricity distributor UK Power Networks, which operates across London, the South East and East of England, avoids employee burnout and fatigue by carefully looking after staff and ensuring they stay safe working in challenging conditions and on shift rotas. The business, which employs 5,500 people, makes a point of being ready to react quickly and safely in the event of communities facing a power cut.

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An HR Leaders Guide: 7 Questions To Ask When Developing Your Cancer Strategy

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?

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PBGC (Slightly) Opens Door to Exceptions From Special Withdrawal Liability Rules for SFA Multiemployer Pension Plans

Proskauer's Employee Benefits & Executive Compensa

As previously discussed , the Pension Benefit Guaranty Corporation (the “PBGC”) issued final regulations in July 2022 for plans that receive special financial assistance (“SFA”) under the American Rescue Plan Act of 2021 (“ARPA”). Among other things, the regulations imposed special withdrawal liability rules on plans that receive SFA – including a phase-in period for the treatment of SFA as a plan asset and an obligation to use mass withdrawal assumptions during a certain period after receiving

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What are the Four Principles of Inclusion?

HR Digest

Diversity and inclusion are two popular concepts that continue to circulate around the workplace. Their importance can’t be overemphasized. As the workplace changes constantly, it’s necessary for businesses to ensure that they bring their entire workforce along. And in doing so, the principles of inclusion are an important factor that must be touched.

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The difference between employee engagement and job satisfaction

Business Management Daily

Are you under the impression that job satisfaction and employee engagement are the same things? While similar terms, important distinctions exist. Maximizing your workforce’s potential involves both. Especially in times of low unemployment and high turnover, keeping an eye on factors that promote employee job satisfaction is critical to retention. But keeping positions filled is only part of the story.

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Three New Hire Email Templates for Better Employee Onboarding

Flimp Communications

Take inspiration from the following email templates for your onboarding communications. (Feel free to “borrow” as much as you need.) We designed these for you to send to your new hires a little before the first day of work, on the first day, and a little later. The post Three New Hire Email Templates for Better Employee Onboarding appeared first on Flimp.

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New Jersey Paid Family Leave (+Q&A)

Patriot Software

New Jersey started its paid family leave plan in 2009 with the New Jersey Family Leave Act. New Jersey paid family leave (PFL) made NJ the second state (after California) to pass a PFL policy. If you’re a New Jersey employer, you need to know about your responsibilities.

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6 Steps to a Better Compensation Strategy

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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How Tagboard Creates a People-First Remote Culture With 15Five

15Five

Stephanie Smith is the SVP of People and Culture at Tagboard. Community, connection, and a sense of belonging make Tagboard’s company culture special. “The essence of our strategy is that people are human,” explains Smith. “In order to motivate and work with humans, you need to understand who they are, and why they do what they do.” When faced with transitioning to a remote-hybrid model, Tagboard knew keeping that culture alive would be their priority.

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Phoebus Software offers comprehensive wellbeing benefits to prevent burnout

Employee Benefits

Banking technology solutions business Phoebus Software strives to prevent sickness and potential burnout through its enhanced health and wellbeing benefits offering. The business, which currently employs 132 members of staff, provides private medical insurance (PMI) and a wellbeing choice benefit of £350 per annum to support individual employees’ wellbeing needs.

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The Two R’s Impacting Your Insurance Premiums: No This is Not a Recession Article 2023

Assurance Agency

January 2023 saw the greatest shift in decades within insurance pricing and contract terms. As a result, the market has been chaotic with renewals going down to the wire. Reinsurance is used by insurance carriers as a way of spreading risk and smoothing losses. Without it, they could not reasonably price your insurance. Did you know reinsurance companies also purchase reinsurance?

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PWC reports sexual orientation pay gap data for first time

Employee Benefits

Professional services firm PricewaterhouseCoopers (PWC) has revealed that its UK 2022 mean gender pay gap was 8%, down from 9.4% in 2021, and has published its sexual orientation pay gap data for the first time. The firm’s 2022 median gender pay gap decreased slightly to 5.9% from 6%. Its mean sexual orientation pay gap stood at 12.3%, and its median gap at 19.7%.

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Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.

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The Two R’s Impacting Your Insurance Premiums: No This Not a Recession Article 2023

Assurance Agency

January 2023 saw the greatest shift in decades within insurance pricing and contract terms. As a result, the market has been chaotic with renewals going down to the wire. Reinsurance is used by insurance carriers as a way of spreading risk and smoothing losses. Without it, they could not reasonably price your insurance. Did you know reinsurance companies also purchase reinsurance?

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MP pay to rise by 2.9% in next financial year

Employee Benefits

The Independent Parliamentary Standards Authority (IPSA) has confirmed a 2.9% pay increase for Members of Parliament (MPs) for the 2023-24 financial year. IPSA sets these pay levels independent of Parliament and government. In 2015, it decided to adjust their pay at the same rate as changes in public sector earnings published by the Office of National Statistics (ONS).

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The Two R’s Impacting Your Insurance Premiums: No This Not a Recession Article 2023

Assurance Agency

January 2023 saw the greatest shift in decades within insurance pricing and contract terms. As a result, the market has been chaotic with renewals going down to the wire. Reinsurance is used by insurance carriers as a way of spreading risk and smoothing losses. Without it, they could not reasonably price your insurance. Did you know reinsurance companies also purchase reinsurance?

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Median base pay rise expected for 2023 reaches 5%

Employee Benefits

The median base pay rise expectation among UK employers for 2023 is 5%, according to research by the Chartered Institute of Personnel and Development (CIPD). The CIPD’s quarterly ‘Labour Market Outlook’ reported that this was a record high since the survey began in 2012. In the public sector, the median base pay rise expectations were lower, at 2%.

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Employer Insights Report 2024: The State of Cancer

96% of benefits leaders agree: detecting cancer early is the best way to get ahead of rising costs and improve employee health outcomes. So why is it that 82% of employers currently spend significantly more on post-diagnosis care and disease management rather than upstream care? A new survey of 250 benefits leaders who oversee 500 to 50,000 covered lives highlights their perspective on cancer and its burden.

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Vena

HR Lineup

Vena is a cloud-based software platform that provides organizations with a comprehensive solution for managing compensation and employee benefits. With Vena, organizations can streamline their compensation and benefits administration processes, ensuring accuracy, fairness, and transparency. Vena’s compensation management module offers a wide range of features to help organizations create and manage their compensation plans.

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Redington appoints first chief people officer

Employee Benefits

Investment consultancy Redington has promoted Katherine FitzGerald as its first chief people officer , joining its executive leadership team. FitzGerald joined Redington as head of people in 2020 and leads all aspects of the firm’s people operations, including culture, wellbeing and engagement, recruitment and onboarding, alongside performance management.

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USI Employee Benefits

HR Lineup

USI is a leading insurance brokerage and consulting firm that specializes in employee benefits. The company offers a wide range of benefits solutions to help organizations of all sizes attract, retain, and engage their employees. USI’s employee benefits offerings are designed to meet the needs of a diverse workforce and support employers in creating a supportive and healthy work environment.

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Breaking Down Silos and Fostering Collaboration: 5 Tips

BetterUp

Jump to section What are the three types of silos? How are silos created? Are all silos bad? What happens when you don’t break silos? 5 tips for silo-breaking Build bridges, not walls Today, organizations have an abundance of communication tools that keep staff connected: emails and messaging platforms, asynchronous communication tools, and virtual meeting rooms , to name a few.

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Bridging the Gap: The Intersection of DEI Initiatives and Employee Benefits

Speaker: Jaye Johnson, CBP

Unlock the secrets to transforming your organization’s employee benefits into a strategic tool for Diversity, Equity, and Inclusion (DEI). During this informative session, we will discuss common pitfalls in traditional benefits and then delve into the essence of DEI in employee-centric benefit offerings. This involves not only defining DEI in the workplace but also understanding the pivotal role that employee benefits play in fostering a diverse and inclusive environment.

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Gallagher

HR Lineup

Gallagher is a leading insurance brokerage and risk management company that provides comprehensive employee benefits and wellbeing solutions to organizations. With a commitment to delivering high-quality and personalized services, Gallagher helps organizations create healthy and productive work environments for their employees. One of the key areas of focus for Gallagher is physical and emotional wellbeing.

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At Ally, financial wellness benefits include 100 free shares of stock

Employee Benefit News

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AON Consulting – Employee Health & Benefits Consulting

HR Lineup

AON is a global professional services firm that provides a range of solutions in the area of employee benefits and wellbeing. AON’s employee benefits consulting and broking services are designed to help organizations manage the costs and complexities associated with providing employee benefits programs. The company’s solutions are tailored to meet the specific needs of each client, whether they are a large corporation or a small business.

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How Your Covered Employees Can Get Answers to Their Healthcare Questions

Employer Connection

Encourage your employees covered under most health benefit plans to turn to Included Health, which provides medical second opinions, for answers to questions about their healthcare. As addressed in this information sent via email on Friday, Feb. 10, 2023, to employer sponsors and covered employees, Included Health can provide information to answer the following questions: Are employees confident in their current care?

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The Employer’s Guide to Early Cancer Detection

A comprehensive early detection strategy for cancer is no longer a nice-to-have for employers; it’s a must. The reality is 1 in 2 women and 1 in 3 men will be diagnosed with cancer at some point in their lives, and the physical, emotional, and financial impact on both employees and employers is great. To help improve your employees’ health outcomes and reduce cancer-related costs, download The Employer’s Guide to Early Detection.