Wed.Feb 21, 2024

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Webinar Explores Promoting Payroll as a Strategic Tool

PayrollOrg

Sponsored by Money Network, this free webinar for members “Promoting Payroll as an Evolving Strategic Tool” on February 28 at 1:00 p.m. ET discusses the evolving needs of employees and how paycards can become a strategic tool to hire and retain talent.

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40% of UK staff feel supported through the cost-of-living crisis

Employee Benefits

Just 40% of UK employees feel their organisation is supporting them through the cost-of-living crisis , according to research by Reward Gateway. Its HR priority report , which surveyed 1,001 HR decision makers and 2,026 UK employees, also found that more HR leaders believe mental wellbeing should be a top priority in 2024 than financial wellbeing, at 60% and 55% respectively.

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HRAs for dummies

PeopleKeep

Healthcare is often a complex and confusing topic, especially when it comes to navigating insurance plans and understanding the different options available to your organization. One such option that many business owners and HR professionals may not be aware of is a health reimbursement arrangement (HRA). HRAs have become increasingly popular in recent years as a way for employers to offer affordable healthcare benefits to their employees.

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Barclays reports mean gender pay gap of 33.6% for 2023

Employee Benefits

Banking organisation Barclays has reported a mean gender pay gap of 33.6% for 2023, down 2.3 percentage points from 2022. Its median gender pay gap was 33.3%, down 4.4 percentage points from 2022. Its lower pay quartile comprised 66% females and 34% males, while its upper pay quartile was made up of 31% of females and 69% of males. Its mean bonus gap was 66%, down 1.6 percentage points on the previous year, while its median bonus gap was 57.6%, down 3.8 percentage points from 2022.

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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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How mastering the remote work revolution can help employees thrive

Employee Benefit News

Less time commuting, fewer interruptions and a better work-life balance all have a positive impact on employee satisfaction and performance.

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Child care, PTO and upskilling: Moms share what they need to succeed

Employee Benefit News

Experts from the University of Phoenix and MomsRising break down how employers can help low-income moms overcome career barriers.

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Lee McIntyre-Hamilton: Changes to national insurance and the impact on employment

Employee Benefits

The new year has already brought some welcome news for employees, with the cut in employee national insurance contributions (NICs) from 12% to 10%. As of 6 January 2024, the cut means that all employees who currently pay NIC will benefit. The extent of the savings will depend on an employee’s salary , with annual savings of £457 for employees on average earnings of £35,400 and £754 for employees earning over £50,270 per annum.

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How to Maximize Productivity with Employee Time Tracking?

Hppy

Paul J Meyer, famously considered the founder of the self-improvement industry, once said, “ Productivity is never an accident. It is always the result of a commitment to excellence, intelligent planning, and focused effort.” These words encapsulate the essence of a truth universally acknowledged in both personal and professional development realms.

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Health Policy Outlook for 2024

McDermott Will & Emery Employee Benefits

What are some of the major health policy topics on Congress’s plate this year? In this report, our McDermott+Consulting team looks at some of the most popular topics, including physician payment reforms, site-neutral policies, rural healthcare and Medicaid regulations. Access the report. The post Health Policy Outlook for 2024 appeared first on EMPLOYEE BENEFITS BLOG.

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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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4 Things You’re Missing About Employee Financial Stress

Best Money Moves

4 things you’re missing about employee financial stress. Don’t overlook these important insights about how employee financial stress harms American workers. When it comes to employee financial stress, employers and employees aren’t always on the same page. In their 2023 Financial Wellness in the Workplace Report , PNC surveyed over 1,000 U.S. full-time workers across various organizations about employee financial wellness.

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The top 10 AI skills employees need now

Employee Benefit News

In an effort to help tech workers, Indeed ranked the most valuable capabilities they can bring to the table.

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Relocate Or Resign: IBM’s RTO Ultimatum

Wellable

IBM recently introduced a mandate for managers to work in-office three days a week. Non-compliant employees face an ultimatum: relocate or resign. The post Relocate Or Resign: IBM’s RTO Ultimatum appeared first on Wellable.

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What is A Talent Acquisition Partner?

HR Lineup

In today’s competitive job market, finding and retaining top talent is a critical priority for organizations across industries. To meet this challenge effectively, businesses often rely on the expertise of talent acquisition partners. These professionals play a crucial role in sourcing, attracting, and selecting qualified candidates to fulfill organizational needs.

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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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How to keep RTO mandates family-friendly

Employee Benefit News

Two workplace experts discuss how to keep working parents in mind when transitioning employees back to the office.

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How A Skill-based Talent Management Approach Can Help with Hiring in the IT sector

Darwinbox

The IT services market is estimated at $1.20 trillion, and employs over 55 million people. Yet, it isn't immune to hiring and skill shortages. Read more to learn about hiring in the IT sector, and how a skill-based approach can help IT companies.

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Fear of judgement prevents working parents from using beneficial workplace policies and support

Workplace Insight

Although many organisations say they recognise the value in supporting working parents many are still failing to see significant or lasting change, according to a report published by working WOMBA (Work, Me and the Baby ), in partnership with Hult International Business School (Ashridge). According to the report, The priority actions for boards to drive equal opportunities for working parents , many working parents do not use the policies, support and benefits available to them because they fea

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Tim Pike: Could we see a return to defined benefit pensions?

Employee Benefits

The UK’s private sector defined benefit (DB) pension landscape is generally described as in its endgame. There has been a fall in the number of open DB pension schemes as a result of economic, social and regulatory changes. The vast majority of employers offer a defined contribution (DC) pension to eligible employees. An increase in the number of DB pension schemes would require a shift from employers offering DC pension schemes and overcoming several obstacles.

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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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University of Alabama pauses IVF treatments after embryo ruling

Employee Benefit News

The Alabama Supreme Court ruling could leave those who destroy frozen embryos liable for wrongful death.

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New occupational health taskforce will ‘tackle in-work sickness and drive down inactivity’

Workplace Insight

Businesses will be urged to tackle in-work sickness and stop people falling out the workforce, following the appointment of Dame Carol Black as the Government’s new Occupational Health Tsar. According to the Department for Work and Pensions , she will lead a new Taskforce to improve employer awareness of the benefits of Occupational Health in the workplace.

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Sage's global head of DEI shares his life-long quest to understand and implement equality

Employee Benefit News

From the playground to C-suite, Peter de Norville's life mantra has been "I must go and do something" for the good of others.

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Cities worldwide are grappling with the delicate balance between nighttime charm and sustainability

Workplace Insight

As well as the delights of daytime, cities around the world have long been defined by how their iconic landmarks come to life at night. Think of London’s illuminated riverside or Amsterdam’s canals lit up after dark. These vistas almost come to be synonymous with these places’ very identities. Aston Woodward, co-founder of asset management firm Oxygen also brings one of Australia’s best-known destinations into the mix.

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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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Easyjet, Estee Lauder and Greggs fail to pay national minimum wage

Employee Benefits

Estee Lauder Cosmetics, airline Easyjet and food chain Greggs are among more than 500 employers which failed to pay their lowest-paid employees the national minimum wage. An investigation by His Majesty’s Revenue and Customs (HMRC) between 2015 and 2023 found that breaches by 524 employers caused more than 172,000 employees to not receive their full entitlement.

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Navigating HSAs and the Health, Wealth, and Wellness Triangle

Benefit Resource Inc.

In today’s dynamic workplace landscape, employers are realizing that fostering employee well-being extends far beyond traditional compensation packages. The Health, Wealth, Wellness Triangle has emerged as a framework that acknowledges the interconnectedness of personal health, financial stability, and overall wellness. At the heart of this triangle lies Health Savings Accounts (HSAs), offering a unique opportunity for employers to support their employees’ holistic well-being while a

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The pros and cons of life insurance for children

Higginbotham

Parents often buy life insurance for themselves to help safeguard their children’s futures. But, should they also buy life insurance for their kids? Although the idea of life insurance for children may sound unusual, it can serve some practical purposes and offer long-term benefits. Let’s learn more about the different types of children’s life insurance policies and the pros and cons of each.

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What is a POS health plan?

PeopleKeep

Having the right healthcare coverage is essential for accessing quality medical services. As the healthcare industry continues to evolve, different types of health plans have emerged to cater to varying needs and preferences. One of these options is the point of service (POS) plan. As an employer or individual looking for health coverage, you need to understand the options available to you.

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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.