Employee Benefits
NOVEMBER 22, 2022
Staff employed by 19 higher education institutions have commenced strike action over pay this week, starting with Glasgow Caledonian University, where employees began striking yesterday (21 November) and have continued today. Administrators, cleaners, library, security and catering workers, some of the lowest paid in the university sector, are among those taking part.
Money Talk
NOVEMBER 22, 2022
Attendees at the same professional conference have different take aways depending on their lifestyle, job responsibilities, subject matter knowledge/skill set, and other personal characteristics. We all filter new information through these lenses. When information comes at a “teachable moment,” interest in, and attention to, a presentation dramatically increases.
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InterWest Insurance Services
NOVEMBER 22, 2022
Commercial insurance companies are raising rates in most of their lines to account for increasing claims as well as the cost of claims, but another factor is forcing them to increase their rates further: reinsurance. When insurance companies underwrite policies, they will often not retain all of the risk. They will purchase reinsurance, which kicks in when claims reach what is considered a “catastrophic level.” These global reinsurance giants have seen their profits erode substantial
Employee Benefits
NOVEMBER 22, 2022
Author: Jennifer Gendron- Global Chief Commercial Officer at Koa Health – Employee Mental Health and Wellbeing Solutions. As businesses become more aware of the explicit and implicit demands of their workforce–employee mental health has become a company priority. The World Health Organization reports that an estimated 12 billion working days [1] are lost annually due to depression and anxiety, costing companies $1 trillion worldwide.
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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.
Workplace Insight
NOVEMBER 22, 2022
A new report from Samsung suggests that the stereotype of the typical small business owners as a person who work around the clock is outdated. Around half of full-time business owners in the UK say they have no fixed work hours at all, preferring a fluid workday set up. One-third (31 percent) of business owners also said they commit to fewer than 7 hours as a typical core working day, preferring to work when optimal to their businesses.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Workplace Insight
NOVEMBER 22, 2022
A new poll of 3,450 people in a dozen countries from Unit4 claims that around two in five organisations have lost employees over the last year because they believed they would enjoy better flexible working options elsewhere. While most firms now have a formalised approach to flexible working, the report claims that policies vary enormously, exacerbating the challenge of recruiting and retaining people for those firms with an inconsistent approach. .
International Foundation of Employee Benefit Plans
NOVEMBER 22, 2022
Recommendations on improving EAP use by men. The post Why Don’t Men Use EAPs? appeared first on Word on Benefits.
Workplace Insight
NOVEMBER 22, 2022
A new report by Economist Impact, sponsored by Kyocera Document Solutions, claims that human-centric strategies are needed for businesses to drive sustainable business growth, focusing on three pillars: productivity and infrastructure, employee engagement and culture. The Magnetic Workplace Barometer claims to gauge confidence both today and in five years’ time across what the report terms the three main pillars of productivity and infrastructure; employee engagement; and culture.
Hppy
NOVEMBER 22, 2022
Businesses can greatly benefit from employing millennials because of their adaptability. Millennials are the most tech-savvy in the workplace today because of their experience. . People born between 1981 and 1997 grew up with technology. Technology plays a massive role in their daily lives, and they expect the same in the workplace. As a result of these expectations and the overall influence of millennials, workplaces have changed in many ways.
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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
AssuredPartners
NOVEMBER 22, 2022
Optimizing the integration process of health and welfare plans can make a significant impact on the cost and efficiencies of the plan, reduce employee attrition, increase the perceived value, and limit the burden on HR leadership. Below are questions you should be asking when integrating a new plan: Health and welfare/employee benefits due diligence.
Employee Benefits
NOVEMBER 22, 2022
Credit: JHVEPhoto / Shutterstock.com. Contract caterer Compass Group has launched a salary advance scheme for its 50,000 British and Irish staff, to help in the face of financial hardship and a worsening cost-of-living crisis. The advance option gives monthly salaried employees the ability to withdraw up to 50% of their earned pay before payday. They can make up to three withdrawals per pay cycle in addition to their normal pay.
Vantage Circle
NOVEMBER 22, 2022
Isn’t it a wonderful feeling to be on the receiving end of someone's sincere appreciation and admiration? You must have considered appreciating your employees or colleagues for their good work on numerous occasions. But didn't know what to say or how to say it, so you chose to withdraw at the last minute. Or you may be holding back on showing your employees how much you value them because you are apprehensive.
Empuls
NOVEMBER 22, 2022
Employee feedback is a crucial part of every successful organization. When delivered with thoughtfulness and respect, It has the potential to: Increase motivation and reliability Improve work efficiency Enhance employee loyalty Increase staff retention Help achieve organizational goals This tells us how important it is for an organization to get ideas on positive feedback examples for employees.
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.
Benefit Resource Inc.
NOVEMBER 22, 2022
The turkey’s in the oven, the family’s on their way, and you’re all set for a day of feasting and fun. But before you sit down to enjoy your well-deserved feast, we wanted to take a moment to remind you of all the things you have to be thankful for at work – namely, your employee benefits! Here are 5 reasons to give thanks for employee benefits this Thanksgiving.
Darwinbox
NOVEMBER 22, 2022
The insurance industry is on the cusp of massive growth, but still faces several HR challenges that need to be addressed. Here’s a look at the major challenges insurance firms will face this year, and what the possible solutions are.
HR Digest
NOVEMBER 22, 2022
Everybody loves to talk about the power of collaboration. But the truth is, you can’t actually have a truly collaborative environment without individual accountability. And that’s where small teams come in. In a large company, it’s easy for people to feel like they’re just one cog in a giant machine. They can get lost in the shuffle, and that’s not just bad for morale.
Higginbotham
NOVEMBER 22, 2022
Insurance helps business owners cover their risks – but what if the risk is so great or unique that traditional insurance companies don’t want to cover it? When this happens, business owners may need to look beyond the admitted market to explore non-admitted carriers and the excess and surplus insurance market. Admitted vs. Non-Admitted Carriers. The terms “admitted” and “non-admitted” describe two types of carriers.
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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?
Business Management Daily
NOVEMBER 22, 2022
The new year is just around the corner, which means it’s time to start thinking about the career goals you want to set for the next 12 months. Yet, annual professional development goals tend to be a double-edged sword. Much like personal new year’s resolutions, most annual goals for work fizzle out by the middle of the year, if they even last that long.
BerniePortal
NOVEMBER 22, 2022
A quick Google search of holiday party planning tips will tell you everyone’s biggest piece of advice: start planning early. Organizing a companywide off-site holiday party can take months of project management and coordination—and can often feel like a second job for much of the fall. But if Q4 has been as busy as ever this year, HR may find themselves scrambling to throw together an event in the final weeks of the season, when many venues are fully booked and many team members have already mad
Professionals Alternative
NOVEMBER 22, 2022
Interview Questions When Hiring Your Next Administration Manager. If you are a business owner looking to hire an administration manager, then this guide is for you. This brief guide will go over the series of interview questions that you can ask during the interview process. It’s important to listen carefully to these answers and take notes. You are fulfilling a role where a college degree is required.
Workplace Insight
NOVEMBER 22, 2022
The time has come to re-brand the human resources profession and shift its focus from processes to people, a new report from Sage claims. The authors claim the study emphasises the scale of the challenge facing teams, with 92 percent of executives believing the perceived value of human resources is a challenge for the profession. The poll of more than 1,000 HR and C-suite leaders working in SMBs across six of the world’s largest economies also highlights that 81 percent of human resources profe
Advertiser: Paycor
From welcoming new team members to tough termination decisions, each employment lifecycle phase requires a balance of knowledge, empathy & legal diligence.
cipHR
NOVEMBER 22, 2022
Most popular occupations in the UK – including those with a high proportion of women in the workforce – have a pay gap that favours men, according to new analysis. HR systems provider Ciphr reviewed the latest gender pay gap estimates from the Office for National Statistics (ONS) to identify which female-dominated occupations (with workforces of 50,000 or more) have the widest and narrowest gender pay gaps in 2022.
Employee Benefits
NOVEMBER 22, 2022
EXCLUSIVE: Glasses maker Cubitts has launched a financial wellbeing platform for its more than 150 members of staff. The platform, provided by Bippit, offers employees access one-to-one financial coaching from a regulated and impartial professional matched to their needs, after answering a series of questions about their financial concerns. The service also provides personalised learning resources, monthly webinars on topics such as pensions and protection, and tools and calculators to track goa
BetterUp
NOVEMBER 22, 2022
Jump to section. What is job orientation? The benefits of job orientation. What to include in a job orientation. Considerations for remote job orientation. How to prepare for new employee orientation. 5 tips for seamless new employee orientation. New hire orientation FAQs.
Employee Benefits
NOVEMBER 22, 2022
Before continuing with this article, please be aware that it mentions sensitive subjects around mental health matters, such as self-harm and suicide. Saturday, 19 th November, is International Men’s Day, and this is what the movement has to say. “We highlight positive role models and raise awareness of men’s well-being.”. In a recent article, we gave you nine reasons why the mental health of your workplace, regardless of gender, needs to be a priority.
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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