Tue.Dec 06, 2022

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Four-Day Workweek: Pros, Cons and Implementation

International Foundation of Employee Benefit Plans

As employers do more to support employees’ mental health and work/life balance, the four-day workweek has become a front-runner among evolving workplace considerations. In this competitive labor market, the marked. Read more > The post <strong>Four-Day Workweek: Pros, Cons and Implementation</strong> appeared first on Word on Benefits.

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Government commits to making flexible working day one right

Employee Benefits

The UK government has committed to introducing secondary legislation entitling employees to the ability to request flexible working from the first day of their employment. The government outlined plans to remove the 26-week qualifying period before employees can request flexible working, and allow them to make two flexible working requests in any 12-month period.

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The shift from work-life to life-work balance: What leaders should know

Insperity

Work-life balance has been an employee mantra for decades. Its meaning has become engrained in our culture, as it’s brought up in discussion in ways like, “Make sure you have a good work-life balance and take time to spend with your family without working too much.”. But a change is underway that further upends the way work is viewed. Life-work balance is a new term that reflects a shift in how employees perceive the role of work in their lives.

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ARE YOU IN THE BEST PLACE TO RETAIN YOUR TOP TALENT IN 2023?

Employee Benefits

According to research by Glassdoor, 20% more job applications are started in January than in any other month of the year. Online recruiter, Reed, also reported a 51% increase in job applications between December 2020 and January 2021. Whether it’s due to spending more time with family, being away from the office, or wanting a fresh start, the New Year creates the desire for employees to move on to greener pastures.

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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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Playing It Safe During the Holidays

InterWest Insurance Services

As the holiday season nears, your business will have new safety considerations to confront. From holiday parties and risk of electrical shock to fires and trips and falls, companies have a set of safety and risk management challenges that may not be present during most of the year. Decorations present their own set of safety challenges, and so does a company party.

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How workplace design affects productivity

PeopleKeep

Virtual workspacesToday’s workspaces have come a long way from conventional office space layouts. Where cubicles and motivational posters were once the standard, open layouts and modern amenities are being used to attract job applicants and encourage employee productivity. Employee habits are changing thanks to technology, remote and hybrid work structures, and a tight labor market pushing employers to increase their benefits and perks offerings.

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An Overhaul for Medicare’s Pay Transformation Program

McDermott Will & Emery Employee Benefits

The Biden administration recently finalized an overhaul of an initiative known as the Medicare Shared Savings Program that seeks to pay health providers based on patient outcomes instead of the number of services they perform. In this Axios article, McDermott+Consulting’s Mara McDermott offers insight into providers’ Congressional push to extend a 5% pay increase for […].

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Cascading Goals: What They Are and How They Can Develop Your Team

BetterUp

Strategic alignment is key to business success. However, only 1 in 3 managers could name their company’s top three priorities.

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Hachette UK gives staff cost-of-living payment and increases holiday

Employee Benefits

Publishing business Hachette UK has increased starting salaries and holiday benefits, and awarded staff a performance-related bonus and a cost-of-living payment. Due to come into effect in January, UK and Ireland publishing and distribution employees have been given a non-consolidated £1,000 cost-of-living payment. Senior team members will not be eligible for the payment, which is in addition to a total of £1,000 in cost-of-living payments made over the past five months.

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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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Support employee health and wealth with spending account benefits

UMB: Emplooyee Benefits

Businesses can drive employee engagement by addressing financial stress with spending account benefits that build health and wealth. The post Support employee health and wealth with spending account benefits appeared first on Financial insights for individuals and businesses.

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Axa UK introduces free period products in all UK offices

Employee Benefits

Insurance firm Axa UK has introduced free, environmentally friendly period products in female and gender-neutral washrooms across its UK offices, to help end period poverty and remove the stigma around the subject of menstruation. Through a partnership with social enterprise Hey Girls, which aims to eradicate period poverty in the UK, the business carried out trials in its Teesside, Bristol and Bolton offices, which gained positive feedback.

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Minding Your Social Health 

HR Professionals Magazine

By Katie O’Neill. It doesn’t matter if someone is excessively extroverted or fiercely introverted, all human beings have deeply rooted needs for social connection. The spectrum of quantity and frequency of these connections can vary, but we’re all susceptible to feelings of isolation and loneliness when these social needs are not met. Our social landscape has changed quickly in the past few years, which could be contributing to an increase in the number of people reporting a sense of ongoing lon

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Managing the Numbers: A Look Inside TRIR, DART, and Experience Modification Factors

AssuredPartners

Oil and gas contractors often secure and maintain work based on their Total Recordable Incident Rate, TRIR, and/or Experience Modification Factor. If either of those numbers goes above a 1.0, then a contractor may not be allowed to continue to perform work for an operator. Understanding how to manage your TRIR, DART and experience modification factor can be a useful tool in maintaining your current and future business operations.

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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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Reward Gateway announces Nick Burns as new Chief Executive Officer

Employee Benefits

Reward Gateway, a leading global employee engagement company, today announced that it has welcomed Nick Burns as its new Chief Executive Officer. Burns joins the company from Arthur J. Gallagher & Co, where he served as Chief Executive Officer of Gallagher’s UK Employee Benefits Consulting Division. Burns has also previously served as CEO of PIFC Group, Bluefin Corporate Consulting and Capita Employee Solutions.

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What is a construction bond?

Higginbotham

Construction bonds are financial guarantees that back up contractors’ promises to fulfill their contractual obligations: to build the job for the bid price; to pay for the labor and materials they use; and to complete the project to all terms and specifications set forth in the project contract. In this article, we’ll explain how construction bonds work and why they are vital to successful partnerships in the construction industry.

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Infographic: New Labor Laws in India 2022 at a Glance

Darwinbox

The Central Government of India has codified 29 central labor laws into four codes to streamline and simplify the labor regulations in the country. We bring you an exclusive Indian Labor Laws Infographic to help you navigate the changes.

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Credit Analyst Recruiting Tips

Professionals Alternative

Credit Analyst Recruiting Tips. Credit analysts are responsible for determining how suitable a customer is to receive credit, as well as establishing the risk factor of any individual loan. To be successful as a credit analyst, one must have extensive knowledge of risk assessment methods and data analysis. Credit analysts typically work for financial firms like banks and credit card companies, and those with substantial experience are likely to possess professional credentials.

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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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15 Top Talent Management Practices for Banking in 2023

Darwinbox

The mission to build a future-proof banking organization begins with building a future-proof workforce. This article explores the top talent management practices that will be relevant for the banking sector in 2023.

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Can DEI efforts combat antisemitic hiring bias?

Employee Benefit News

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Hiring Strategies for Start-Ups: 23 Tips for 2023

Darwinbox

Creating a hiring strategy for your start-up is one of the most vital things you’ll do as an HR professional. Here are 23 tips you can follow to up your hiring game in 2023.

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The Greater Memphis Employee Benefits Council Meeting November 3

HR Professionals Magazine

The post The Greater Memphis Employee Benefits Council Meeting November 3 appeared first on HRProfessionalsMagazine.

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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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A BlackRock, ADP and Commonwealth partnership boosted workers' emergency savings by over $1B

Employee Benefit News

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5 Different Ways HR Can Help When Employees Are Struggling With Their Workload

Hppy

Consumers put a lot of pressure on companies to deliver fast, reliable, and efficient services, but this often comes at the cost of employee wellness. Too often, employers will pile on the work and up their expectations to keep up with demand with hopes it’ll improve productivity. Unfortunately, the opposite occurs as deadlines become shorter and shorter.

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SECURE Act 2.0 will make retirement savings automatic — how employers can prepare

Employee Benefit News

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Creating a Culture of Collaboration & Equality in the Workplace

Sodexo Engage

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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.