Employee Benefits
DECEMBER 2, 2022
Credit: William Barton / Shutterstock.com. Banking organisation NatWest has implemented a one-off cash payment for all employees in junior and junior manager positions, benefitting approximately 59,000 global members of staff during the cost-of-living crisis. For the 39,000 UK-based employees, the payment was agreed at £1,000, with equivalent amounts in all other locations.
Proskauer's Employee Benefits & Executive Compensa
DECEMBER 2, 2022
On November 28, 2022, the Securities and Exchange Commission (the “SEC”) published the final clawback rules (the “Final Rules”) under the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”) in the Federal Register. Now that the Final Rules have been published in the Federal Register, issuers should be aware of the following key deadlines [1] : January 27, 2023 : The Final Rules become formally effective (60 days after the Final Rules were published in the Federal Register).
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Employee Benefits
DECEMBER 2, 2022
Employee benefits can not only support staff with their festive spending but can also support employees in managing the cost of living. Managing finances over the next few months will be the number one priority for many employees as energy prices increase and Christmas becomes even costlier. Promoting your existing benefits and how they can help will be crucial.What’s equally important is that these communications are sensitive and empathetic.
InterWest Insurance Services
DECEMBER 2, 2022
Inflation, an aging workforce and people catching up on care they skipped during the COVID-19 pandemic are some of the main ingredients that will drive the cost of group health benefits over the coming years. The key for employers grappling with these higher costs is how they can reduce their impact by switching up plan offerings and choosing plans that do a good job of managing specialty drug costs, which have been spiraling over the last decade.
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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.
BetterUp
DECEMBER 2, 2022
If you’re wondering how sick is too sick for work, you’re not alone. Recent research shows that many employees feel guilty for taking sick days , especially if they work from home.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
BetterUp
DECEMBER 2, 2022
If you want your organization to stay competitive, you need to keep your best talent with the company for the long term. But employees can, over time, grow out of their roles. But there’s a simple solution to keep talent with your company, even as they grow professionally.
Employee Benefits
DECEMBER 2, 2022
A number of NHS employers, including ambulance services in the North East and North West, hospitals in Northampton, Blackpool and Kettering, and the NHS Business Services Authority (NHSBSA), were recognised on the Talent Inclusivity and Diversity Evaluation (Tide) benchmarking list for this year. The Tide Awards, which are run by the Employers Network for Equality and Inclusion (ENEI), benchmark employers into gold, silver and bronze categories according to their success in promoting and embeddi
BetterUp
DECEMBER 2, 2022
As a leader, it’s important to look for ways to build a cohesive and diverse team that can collaborate effectively. But understanding your employees and who they are as whole people can help to better enable team performance.
Employee Benefits
DECEMBER 2, 2022
Energy business General Electric has agreed to give 75 employees at the GE Steam plant in Rugby a series of one-off payments amounting to £15,600 each. The agreement ended a long-running pay dispute between GE Steam and members of the trade union Unite, which led to intermittent strike action from April this year, and centred around flexible working payments, among other financial concerns.
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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
Employee Benefits
DECEMBER 2, 2022
The number of unpaid carers across the UK providing care for older, disabled or seriously ill relatives has almost doubled over the last 10 years. According to Carers Trust, an unpaid carer is anyone who cares, unpaid, for a friend or family member who due to illness, disability, a mental health problem or an addiction cannot cope without their support.
Employer Connection
DECEMBER 2, 2022
The current self-funded plan design Aggregate Claim Liability Statement(s) is available to view in the Document Center by logging in to the website. Groups will continue to receive a monthly email notifying them that an important document is available for them to view in the Document Center. The Aggregate Claim Liability Statement report tracks claims and compares actual claim activity to the aggregate claim liability.
Employee Benefits
DECEMBER 2, 2022
Empathy in business and leadership can be a powerful driver of business growth leading to happier employees, customers, and increased productivity. If you want to create an environment where employees feel valued and love where they work, don’t mistake this interpersonal skill as an unimportant one. As part of a Health Shield health cash plan, we offer an Employee Assistance Programme so that employees who may be experiencing difficulties that impact their mental wellbeing have support they can
Advertiser: Paycor
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.
Employee Benefits
DECEMBER 2, 2022
Credit: DeepakJoshi / Shutterstock.com. Something for the weekend: In what is quite the opposite of the current talk of ‘quiet quitting’, employees at theme park Tivoli World in Benalmadena, Spain have continued taking good care of their place of work, even after its ride came to an end. Like many businesses, the theme park closed during the Covid-19 (Coronavirus) pandemic, and although it reopened for a couple of months, it was unable to stay open any longer, due to running cost iss
Employee Benefits
DECEMBER 2, 2022
The top 10 most-read articles on www.employeebenefits.co.uk between 25 November and 1 December 2022 were: Ikea gives staff 6% pay rise and enhances benefits. Harrods security guards strike in pay dispute. 75% of HR professionals see mental wellbeing as key focus for 2023. 47% of businesses plan bonuses for Christmas 2022. Scotrail implements minimum 7% pay increase.
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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?
LACE Partners
DECEMBER 2, 2022
Back in July, we published our HR Shared Services Trends 2022 report. Since then, senior HR Shared Services professionals have noted several consistent themes emerging within their businesses. Recently we gathered senior HR SS people and homed in on a specific part of our report – ‘ what skills and capabilities are needed to deliver an efficient and productive team ’.
Hppy
DECEMBER 2, 2022
Any company’s success depends mainly on having a solid, committed, and focused workforce base. Even if your product or service is excellent, you may be able to achieve your desired success only if you have the right team of employees who share your vision. . Making your employees feel significant and valued has also grown more crucial as today’s corporate environment becomes increasingly hybrid.
Business Management Daily
DECEMBER 2, 2022
Independent contractor rules are about to change – again. It may seem like just yesterday that the U.S. Department of Labor (DOL) tried to update its classification regulations under the Fair Labor Standards Act (FLSA). Those rules would have made it simpler and more attractive for employers to use independent contractors. They were scheduled to go into effect on March 8, 2021 but the then-incoming Biden administration put on the brakes.
Advertiser: Paycor
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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