Cost-Effective Employee Benefits: How to get more for less
Sodexo Engage
JANUARY 19, 2023
Summary:
HR Digest
JANUARY 19, 2023
What you realize is that it isn’t always the big, new, shiny initiatives that make the biggest difference. People want to be treated with respect, they want to feel included as part of the team, and they want to have opportunities to learn and succeed. The HR Digest: “At McDonald’s, we believe that serving up a best-in-class customer experience starts first with ensuring an exceptional employee experience.
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Employee Benefits
JANUARY 19, 2023
Expecting a baby and planning maternity or parental leave is an exciting time, but it is also important to consider the financial impact that a new arrival can bring. As the cost of living crisis continues, it is now more important than ever that new parents understand how their finances will be affected and what actions they can take. WEALTH at work, a leading financial wellbeing and retirement specialist, highlights some top tips to help new parents stay in control of their finances: 1.
HR Digest
JANUARY 19, 2023
Being an inspiring leader means understanding what it takes for your colleagues to be a daughter or a son, a sister or a brother, a spouse or a companion, and so much more outside of work, as well as their professional métier. The HR Digest: You have stated several times that “leaders should connect with employees personally, even if it means sacrificing the company’s productivity time.” Why do you believe this is important as a CHRO?
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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.
Vantage Circle
JANUARY 19, 2023
When it comes to sales incentive programs the first thought in your mind is monetary incentives. However, that is not all there is to incentive programs. Let’s find out more about sales incentive programs and how to design and implement them to benefit your organization. What Is A Sales Incentive Program? Sales incentive programs are systems developed by businesses to compensate salespersons for achieving certain specific goals.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
International Foundation of Employee Benefit Plans
JANUARY 19, 2023
I wrote a blog about quiet quitting back in August, so my ears perked up when I read about MORE quiet workplace trends: quiet promotion, quiet hiring and quiet firing. Read more > The post <strong>Quiet Promotion, Quiet Hiring, Quiet Firing: More Workplace Trends</strong> appeared first on Word on Benefits.
Employee Benefits
JANUARY 19, 2023
As we enter into the new year, companies across the country may be considering new ways to support their staff. Financial pressures have impacted both individuals and businesses over the past year as we all try to cope with rising prices – from energy to food to fuel. As a result of money stress, employees say they are less productive, spend more time managing their finances at work and take more sick days, according to Claro Wellbeing’s Workplace Today report.
LACE Partners
JANUARY 19, 2023
Why are one-to-ones important? There are three components to an effective one-to-one; the frequency of the meetings, the breadth of content covered in the meetings and the effectiveness of the conversations. Chris and Debbie Mitchell speak to Anna Rasmussen , CEO and founder of OpenBlend. Anna explains how OpenBlend can help support people managers.
McDermott Will & Emery Employee Benefits
JANUARY 19, 2023
On January 5, 2023, the Federal Trade Commission (FTC) issued a proposed rule that would prohibit employers from using noncompete agreements with their employees or independent contractors. This proposal arises from a preliminary finding by the FTC that noncompetes constitute an unfair method of competition in violation of Section 5 of the Federal Trade Commission Act (FTC […] The post FTC Proposes Rule Banning Noncompete Agreements appeared first on EMPLOYEE BENEFITS BLOG.
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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
HR Digest
JANUARY 19, 2023
Effective onboarding increases employee engagement by more than 20%, so we are reinvigorating the experience to make it easier and create a greater sense of community and belonging among new hires. The HR Digest: Can you tell our readers about ERGs (employee resource groups) at BoA and how they promote change within the company in practical terms? Sheri B.
Employee Benefits
JANUARY 19, 2023
Credit: Sirapob Horien / Shutterstock.com The University of Leicester has received an Employer with Heart charter mark as a result of its support for staff who are parents of premature babies and those requiring neonatal care. The charity The Smallest Things implemented the accreditation in order to reward employers that go above and beyond the statutory requirements outlined in the Neonatal (Leave and Pay) Bill to support parents through neonatal care.
HR Digest
JANUARY 19, 2023
At Hyatt, everything we do is grounded in listening and data, and is fueled by care. The HR Digest: Hyatt was featured in the “People’s Companies that Care” list for the fourth consecutive year. What were the difficulties you faced during your journey? Malaika Myers: Our industry has evolved and experienced rapid change over the last few years and I’m incredibly proud of the way Hyatt has successfully adapted to this dynamic environment.
Employee Benefits
JANUARY 19, 2023
Australian employer National Roads and Motorists’ Association (NRMA) Group has agreed to pay superannuation on the unpaid portion of parental leave as part of its aim to close the gender pay gap for females. The superannuation payment, a type of pension plan in Australia, will increase by an average of $5,600 (£3,125) as of this month, based on last year’s parental leave figures across the business.
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.
HR Digest
JANUARY 19, 2023
Are you ready for a pay raise? It looks like it’s raining raises in corporate Japan as more and more companies are announce a pay increase as a response to the call from Japan’s Prime Minister for companies to help employees struggling with rising inflation costs. Fast Retailing, the parent company of Japanese fashion chain Uniqlo has announced that it will be raising the pay of its full-time employees in Japan by up to 40%.
Employee Benefits
JANUARY 19, 2023
In 2022 everyone was talking about “ quiet quitting ” which was the latest work-related phenomenon that described the moment when workers avoided doing the above and beyond. Rather, workers were just doing enough work to keep on top, then closing their laptop and muting Slack to later post about their day on social media platforms such as TikTok. Yet, “quiet quitting” is so last year.
HR Digest
JANUARY 19, 2023
At Genentech, we encourage casual, consistent year-round conversations between managers and employees guided by a framework we call the 4Cs: Career, Capability, Connection, and Contribution. The HR Digest: How does Genentech provide employees with the growth opportunities they seek and create a happy and productive workplace for them? Cori Davis: As a healthcare company, the health and well-being of our employees is a top priority for Genentech.
Employee Benefits
JANUARY 19, 2023
Global media business Forbes has promoted Ali Intres (pictured) to the position of chief human resources officer , reporting to chief executive officer Mike Federle. Intres will lead the firm’s HR organisation globally , encompassing recruitment, training and development, benefits administration, HR systems, culture and inclusion, and more. She joined Forbes as senior vice president of human resources and talent management in 2020.
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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?
HR Digest
JANUARY 19, 2023
It’s that purpose that drives CHROs to overcome and navigate challenges, and never give up until a solution is found. Just like every other business imperative, this is the cost of doing business, and doing it the right way. The HR Digest: Looking at the impact of Covid-19 on Synchrony, what positive changes are here to stay? DJ Casto: For many companies, work will never look the same, and we believe that is a good thing.
WEX Inc.
JANUARY 19, 2023
If you rely on the honor system for your company’s benefits enrollment , you could be picking up the tab for ex-spouses, adult children, or others who are not eligible to be covered. On average, we’ve found that 3-5% of the dependents on an employer's plan are deemed ineligible. A dependent eligibility audit can help you uncover any existing ineligible members.
HR Digest
JANUARY 19, 2023
Today, creating a sense of purpose is more critical than ever, and we provide employees the means to be successful and feel valued through empowerment, development, feedback, and our strong culture. The HR Digest: What is the one lesson you learned in your journey as a CHRO? Tim Richmond: One lesson I’ve learned, as simple as it sounds, would be to find a job at a great company.
AssuredPartners
JANUARY 19, 2023
ORLANDO, FL – January 20, 2023 – AssuredPartners is proud to announce that effective January 1 st , Kory Hitchens has been named Agency President of the AssuredPartners Newark, Delaware location, formerly known as BHI. Kory has been with the agency since 2009 as an Insurance Advisor. For the last six years, his primary focus has been overseeing the sales team and building custom insurance programs with specializing in construction, manufacturing, and wholesale operations.
Advertiser: Paycor
From welcoming new team members to tough termination decisions, each employment lifecycle phase requires a balance of knowledge, empathy & legal diligence.
Workplace Insight
JANUARY 19, 2023
A new poll claims that the vast majority of tech managers prioritise commercial success over sustainability, despite the fact that nearly all agree with the idea that sustainability is good for business. The report from Software AG is based on a survey of 2,000 senior IT decision-makers from the US, Canada, UK, Germany and France. It suggests that most organisations prioritise commercial objectives over sustainability in the face of economic challenges.
HR Lineup
JANUARY 19, 2023
Ongig is a company that specializes in creating job descriptions that are more engaging, diverse and inclusive. Their mission is to help employers attract and retain top talent by making their job postings more interesting and appealing to a wider range of candidates. One of the key features of Ongig’s job descriptions is the use of rich media, such as videos and images, to showcase the company culture and the work environment.
HR Digest
JANUARY 19, 2023
I’ve found it helpful to work with an executive coach, who can give me objective advice and operates as a sounding board. This relationship has proved to be very beneficial, as the role of a CHRO can be lonely at times. The HR Digest: The LGBTQ+ initiative that was taken by JLL was admirable. How difficult was it to create change and celebrate them?
HR Lineup
JANUARY 19, 2023
LinkUp is a job search engine that focuses on providing job seekers with the most relevant and up-to-date job listings available. Unlike other job search engines, LinkUp only includes job listings that are directly posted on the company’s website. This means that job seekers can be confident that the jobs they find on LinkUp are legitimate and not outdated or fake.
Advertiser: Barley
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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