Wed.May 24, 2023

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Insights From a Financial Education and Research Conference

Money Talk

I recently attended a virtual conference sponsored by FERMA , which included dozens of sessions about topics of interest to personal finance educators and researchers. Below is a summary of new and/or useful information that caught my attention: Fast Fashion - Key characteristics are short production and distribution lead times, highly fashionable product design through continuous trend spotting, and a sense of urgency and scarcity so consumers make frequent purchases.

Education 244
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Cardinal Global Logistics becomes employee owned

Employee Benefits

Manchester-headquartered logistics services business Cardinal Global Logistics has transitioned to an employee ownership model to mark 25 years in business. The business, which employs more than 400 employees, aimed to create an environment where every member of staff has the same opportunity to become a partner in its democratisation model, sharing in the profits it generates each year.

Banking 111
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The Price of Stability: Delving into Disney’s Round Three of Layoffs 2023

HR Digest

In a poignant turn of events, entertainment giant Disney has commenced its third round of layoffs, casting an unsettled shadow of uncertainty and anxiety over its divisions. Disney’s layoffs in 2023 will be handing over pink slips to 2500 employees. The division slated to be impacted by the impending Disney job cuts in round three remains shrouded in mystery.

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Corinne Mills: What weight does an employer accreditation add to your people strategy?

Employee Benefits

Our menopause-friendly employer accreditation is something we are very proud of. With an 81% female workforce, it means a lot to our people and our Menopause Matters Network, who were fundamental in securing this recognition. It has meant that menopause , and other important topics, are highly visible and openly discussed at the Society. Accreditations give a great framework for what good looks like.

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The Ultimate Performance Review Checklist

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.

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Hybrid working, work from anywhere and the evolution of the Third Place

Workplace Insight

The restrictions brought about by COVID-19 altered where we work and thus also how, when and through which channels we do work related activities. These changes radically altered the way previously office-based workers thought about ‘work’ as an activity. This new era of hybrid working had a significant impact on traditional models of workplace provisioning.

More Trending

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Unintended economic consequences of remote working becoming evident

Workplace Insight

New data suggests that office attendance in London has recovered strongly since the end of Covid restrictions, confounding predictions of remote working becoming the ‘new normal’, according to a new report from the Centre for Cities. However, recovery has stalled in 2023 and the report, London, Office politics: London and the rise of home working , co-authored with Professor Dan Graham and his colleagues from Imperial College and published in partnership with EC BID, addresses the possible econo

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Subecca Sheikh: How can employers support staff going through a divorce?

Employee Benefits

A year has passed since the introduction of the no-fault divorce. The idea behind it was to pave the way for amicable collaboration, easing negotiations and overall reducing the mental health impact of divorce. It was a way to make the process manageable and approachable. The law was set to forge the way for a new way to settle finances and matters pertaining to children by taking out unnecessary unpleasantries and getting parties to move forward in an amicable manner.

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Four million UK employees have changed careers due to a lack of flexible working options

Workplace Insight

New research from the CIPD suggests that an estimated 4 million people have changed careers due to a lack of flexible working options, while an estimated 2 million have left a job in the last year for the same reason. As a result, the CIPD is warning that businesses may face a talent exodus if they fail to offer more flexible choices to people. The CIPD’s latest report, which explores employee and employer perspectives towards flexible and hybrid working practices, highlights that offering them

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Lisa Pearl: What weight does an employer accreditation add to your people strategy?

Employee Benefits

At Anchor, we are dedicated to supporting our employees who deliver high standards of care and great places to live for our residents every day. In 2022, we became an accredited real Living Wage employer and this year we were delighted to have achieved Gold accreditation in the Inclusive Employers Standard. We recognise that our achievements would not be possible without the efforts of our skilled and dedicated workforce.

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Want To Enhance Your Total Rewards To Achieve Organizational Success? Start Here.

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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Europe not on track to deliver carbon neutral built environment by 2050

Workplace Insight

It has been one year today (24 May 2023), since the World Green Building Council (WorldGBC) launched a new policy called the EU Policy Whole Life Carbon Roadmap, to help the European Union accelerate total decarbonisation of buildings and construction — the most heavily emitting sector in the world. Now WorldGBC and 12 European Green Building Councils (GBCs) are imploring the EU to implement the Roadmap’s principles at the scale and speed required through the announcement of BuildingLife2,

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4 ways to effectively communicate benefits

WEX Inc.

Did you know that about half of employees don’t understand their benefits, and 80% of employees never even open communications about benefits? Often, employees feel confused about their benefits plans options, especially if their employer is using “complicated HR jargon” in their benefits messaging. How can your benefits messaging cater to your employees through benefits education?

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The pros and cons of term life insurance vs. permanent life insurance

Higginbotham

One of the first and most important responsibilities embraced by every breadwinner is life insurance. As soon as you have loved ones depending on your income and sharing the obligation of your debts, you can provide them with guaranteed protection from the potentially devastating financial losses that could occur in the event something happens to you.

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Addison Lee ordered to pay deposits to continue workers’ rights case

Employee Benefits

An employment tribunal has ordered private hire cab and courier business Addison Lee to pay deposits of up to £125,000 to continue with its legal arguments in the workers’ rights case brought by hundreds of drivers. A 2017 employment tribunal found that Addison Lee drivers were workers and therefore entitled to rights such as holiday pay and the national minimum wage, which was upheld by an appeal in 2018 and Court of Appeal in 2021.

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How to Build the Ideal HR Team

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.

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Negative Feedback to Your Manager: Examples

BetterUp

Jump to section What’s negative feedback? Constructive versus negative feedback When should you give feedback to your manager?

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May Trending in Telehealth

McDermott Will & Emery Employee Benefits

Numerous states—including Illinois, Hawaii, Tennessee, Montana, New Hampshire and Indiana—have been busy finalizing rulemaking and legislation impacting interstate compacts, professional practice standards and COVID-19 licensure flexibilities. What have these states been up to over the last month? Learn more here. The post May Trending in Telehealth appeared first on EMPLOYEE BENEFITS BLOG.

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Three quarters of firms have now mandated some form of ‘return to office’

Workplace Insight

A new poll from Unispace claims that around 72 percent of companies globally have now mandated a return to office based work. However, many respondents also report losing key employees due to mandates, with recruitment also being impacted by enforced returns. The report concludes that companies are failing to recognise the drivers of workers’ reluctance to return to the workplace, and likewise, the opportunities and value that the physical workplace provides.

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Legal & Legislative Reporter: Wrongful-death Proceedings Under an ERISA Plan

International Foundation of Employee Benefit Plans

Every month, the International Foundation releases the Legal and Legislative Reporter, a compilation of new employee benefits-related case summaries. Below is a summary we thought you’d be interested in. Content provided by Morgan, Lewis & Bockius LLP. The U.S. District Court for the […] The post Legal & Legislative Reporter: Wrongful-death Proceedings Under an ERISA Plan appeared first on Word on Benefits.

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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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7 Successful Strategic HR Best Practices to Optimize Performance

HR Digest

While many HR best practices are tried and tested principles that have been around for ages, some things are changing in the year 2023. The lingering effects of a global pandemic have and will continue to change the way we work. What are HR Best Practices? Best practices are a set of HR guidelines and strategies that work universally leading to superior business performance.

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Lidl GB gives staff third pay rise in 12 months

Employee Benefits

Supermarket chain Lidl GB has awarded all of its 24,500 hourly paid employees a third pay increase in 12 months. Store and warehouse staff working outside the M25 had their pay increased to £11.40 from £11, rising to £12.30 depending on length of service. Meanwhile, pay for those inside the M25 was increased to £12.85 from £11.95, rising to £13.15. The latest pay rise, which take effect from September, will see workers earn up to 16% more than hourly paid staff at other supermarkets as part of a

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Job Satisfaction Reaches Record Highs: Uncovering The Factors That Drive Employee Retention & Fulfillment

Wellable

Seeking the secrets to employee satisfaction and retention? The Conference Board's Job Satisfaction 2023 Survey has the answers. Explore key findings and insights. The post Job Satisfaction Reaches Record Highs: Uncovering The Factors That Drive Employee Retention & Fulfillment appeared first on Wellable.

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Funding Circle signs pregnancy loss pledge

Employee Benefits

Lending platform Funding Circle has signed the Miscarriage Association’s pregnancy loss pledge in order to support its staff through miscarriage. The business signed the pledge following its identification by Parents at FC, one of Funding Circle’s six diversity, equity and inclusion groups, as a way of recognising its commitment to supporting staff.

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The Complete People Management Toolkit

From welcoming new team members to tough termination decisions, each employment lifecycle phase requires a balance of knowledge, empathy & legal diligence.

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Register for Our Upcoming Webinar: How AI and Technology are Disrupting Benefits

Benefit Resource Inc.

In today’s rapidly evolving world, the relentless progress of artificial intelligence (AI) and technology has brought about significant disruptions in various aspects of our lives, and the realm of employee benefits is no exception. From personalized benefits packages to streamlined administration processes, the impact of AI and technology in the benefits space is transforming how companies attract, engage, and retain their workforce.

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Recruiting in the Candidate-Driven Credit Industry

Professionals Alternative

Recruiting in the Candidate-Driven Credit Industry Are you having difficulty finding top personnel in the credit industry? With more options than ever before for prospects, it can be difficult for recruiters to navigate this candidate-driven market. But don’t worry! In this blog article, we’ll look at essential recruitment methods and insights for attracting and maintaining top people in the credit business.

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Exploring the Benefits of Sweden’s Labor Laws: Why They are Considered Among the Best in the World

Global People Strategist

Sweden’s labor laws have long been admired for balancing workers’ rights and employers’ needs, creating a thriving and equitable society. As the world grapples with the challenges of the 21st century, understanding the success of the Swedish model can provide valuable insights for policymakers and businesses alike. In this post, we delve into the unique features of Swedish labor laws, their advantages, and the lessons that can be drawn from their success.

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ADA can require reasonable accommodations for anxiety, in some cases

Business Management Daily

Anxiety disorders affect over 40 million Americans today, so you’ve probably managed or are managing an employee that has one (or you may have one too). While it’s normal to experience a little anxiety over major events like weddings and job interviews — those with serious anxiety disorders experience intense fear, panic attacks, and elevated stress levels over everyday events.

Medical 52
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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.