Wed.May 24, 2023

article thumbnail

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 185
article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

Payroll 105
article thumbnail

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.

article thumbnail

Combatting the Effects of Inflation: Keeping Benefits Competitive While Cutting Cost

Speaker: Jaye Johnson, CBP - Employee Benefits and Total Rewards Leader, World at Work Content Author, and Speaker

After years of facing the global pandemic, we are now struggling with a new problem: inflation. No one could have predicted the impact of inflation on employee benefits and how it affects both employees and employers. Employers are now trying to maintain or lower the cost of benefits while competing for talent in a competitive and tight labor market, but the rising costs of consumer goods and healthcare make it extremely difficult to consider increasing their benefit offerings.

article thumbnail

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

More Trending

article thumbnail

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.

article thumbnail

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.

article thumbnail

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

article thumbnail

Debunking the model minority myth: Include AAPI workers in the DEI conversation

Employee Benefit News

article thumbnail

Unleashing AI in Recruitment: The Ultimate Guide

Discover the power of AI in recruitment with Paycor’s complete guide. Learn how to streamline your hiring process, increase interview pipeline, uncover candidates other tools miss, and save time. Get ready to revolutionize your talent acquisition strategy today!

article thumbnail

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.

article thumbnail

Can predictive tech help treat MSK and eliminate unnecessary surgeries?

Employee Benefit News

article thumbnail

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.

article thumbnail

How employers can manage the growing 'talent debt' they've accumulated

Employee Benefit News

article thumbnail

How Can You Aggressively Manage Benefits Affordability?

Speaker: Alex Anderson - Total Rewards Strategist at Lockton Companies | Leo Tokar - President, People Solutions and Partner at Lockton Companies

Benefit cost increases regularly eclipse all other costs for organizations, yet bringing costs down is illusive. Now corporate priorities are swinging from solely a focus on talent to the need to actively manage benefit expenses, but no one wants to reduce benefits or ask employees to pay more. Join two total rewards experts, Alex Anderson and Leo Tokar, for an in-depth discussion on tactics to efficiently and effectively control and manage benefit cost.

article thumbnail

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.

article thumbnail

Meta caps rounds of job cuts, offering staff a cold clarity

Employee Benefit News

article thumbnail

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

article thumbnail

Threats to employees prompt Target to pull some LGBTQ-themed goods

Employee Benefit News

78
article thumbnail

HR and Employee Healthcare Reform: Keys to Increasing Employee Wellness and Retention

Speaker: Mallory Herrin, CEO & Principal HR Consultant at HerrinHR

Your employees are your most valuable resource. If you want to retain employees and keep them happy, you want to make the incentives more valuable. With a full-stack employee experience, culture, health, wellness and benefits navigation solution, you can provide employees with the wellbeing support they need. The results? Employees who are happier, healthier, and more engaged, as well as a business that is thriving both internally and externally, every day.

article thumbnail

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.

article thumbnail

How to manage the multimorbidity and costs of MSK pain

Employee Benefit News

article thumbnail

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.

article thumbnail

'There's a lot of guilt': The emotional burden of caregiving

Employee Benefit News

article thumbnail

The 5 Types of Hourly Workers: An HR Guide to Recruiting and Retention

All hourly workers want similar things, but when it comes to recruiting & retention, it helps to understand personal motivations. Download Paycor’s guide to learn how to find & keep the 5 types of hourly workers.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

Cancel Quiet Quitting: Detoxing Corporate Culture & Engaging Top Talent

Speaker: Jennifer Brick, Career Strategist and Author

Your employees have checked out. The last few years have been a wild ride, with countless changes to how we work and our workplace cultures, like the sudden shift to remote work, the return to office, and trends like quiet quitting. With productivity, profitability, and your employer brand on the line, leadership is turning to HR to engage employees and recreate your culture in different working models.