Fri.Dec 16, 2022

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Six ways to support employees with money worries

Employee Benefits

The current and growing cost of living crisis that’s now impacting so many people across the UK could prove to be even more of a disruptor to employees than the pandemic was. According to our recent survey , over 9 in 10 workers say the cost of living crisis is as worrying or more worrying than the COVID pandemic was. This means businesses who value their people will be wanting to find ways to provide support for workers with financial worries.

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5+ Ways to Establish Taking Ownership as a Core Value at Work

BetterUp

In the business world, many things are out of our control. The economy, the stock market, interest rates, natural disasters, and world events can all impact our organizations in ways we can't change or predict.

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Never mind the workplace predictions, here’s some bollocks

Workplace Insight

Time of the year for looking backwards and forwards. For workplace predictions and retrospectives. The Economist announces that the word / term of the year is hybrid work. This is interesting because, although The Economist is using it as an interchangeable term for flexible working as many do, a great deal of energy is still expounded on defining exactly what it means.

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What We Learned From Scott Barry Kaufman on The Science of Thriving at Work

15Five

Scott Barry Kaufman , Cognitive Scientist and Humanistic Psychologist and Founder, Center for Human Potential , delivered a keynote address at 15Five’s recent Thrive conference in Austin, Texas. Passionate about human potential, Scott talked through many aspects of his research into personal development and fulfillment, from the value of effort over talent, to embracing inspiration in the workplace, to reframing Abraham Maslow’s famous hierarchy of needs.

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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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Wickes reports 7.4% mean gender pay gap

Employee Benefits

Home improvement retailer Wickes has reported a mean gender pay gap of 7.4%, up from 6.4% in 2021. The business, which published its second gender pay gap report since becoming an independent listed employer, also reported a 2.6% median gender pay gap for 2022, narrowing from 8.4% last year. Wickes stated that it now has a greater representation of women in the highest paid roles, at 29.11%, and has increased female representation in its management grades.

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More Trending

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Active Listening: What It Is and How To Improve It

BetterUp

Jump to section. What are listening skills? What is active listening? 8 ways to improve your active listening skills. Becoming the best conversation partner. Have you ever talked with a friend, partner, or manager and felt they weren’t listening? Maybe they were fidgeting with their phone or staring into the distance. You likely felt less motivated to share after witnessing this behavior.

IT 59
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The top 10 most-read articles between 9 – 15 December 2022

Employee Benefits

The top 10 most-read articles on www.employeebenefits.co.uk between 9 and 15 December 2022 were: Northern Ireland government confirms £1,400 NHS pay award. Jacob’s Cream Crackers gives 6.5% pay rise. Government awards £1.97 million to help women in the workplace. Employers using pay to drive performance outperform peers. Billionaire boss hires out Disney World exclusively for 10,000 staff.

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12 Employee Engagement Ideas for Christmas to Foster Engagement and Strong Relationships

Empuls

It is finally that time of the year for which everyone waits all year long. To shop for gifts for loved ones, decorate a giant tree with trinkets and ornaments, bake yummy bread, cakes, and cookies, and host parties. Yes, Christmas is right around the corner, the beautiful festival of joy, happiness, sharing, and giving. But what about Christmas at work?

Food 52
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Seven Search and Selection transfers to full employee ownership

Employee Benefits

Leeds-based recruitment firm Seven Search and Selection has signed a deal to transfer full ownership across to its 20 employees as of this month. According to the business, it chose to establish an employee ownership trust (EOT) so all of its employees would be personally invested and working for each other, with a common goal of sharing in its growth and success.

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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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BLS Reports Fatal Accident Rates Soared in 2021

Workers' Compensation

The 3.6 fatal occupational injury rate in 2021 represents the highest annual rate since 2016. A worker died every 101 minutes from a work-related injury in 2021. Source: US BLS There was a 16.3-percent increase in deaths for driver/sales workers and truck drivers which went up to 1,032 deaths in 2021 from 887 deaths in 2020. This was the primary factor behind the increase in fatalities to workers in transportation and material moving occupations which reached a series high in 2021 Construction a

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13 Impressive Christmas & New Year Surprise Ideas to Enthrall Your Colleagues and Coworkers

Empuls

Christmas is a wonderful time to share your joy with the people you love. Surprises are a unique way to show that you care. If you are contemplating how to surprise your colleague, we present you with some wonderful ideas. 13 Amazing Ways to Surprise your Colleagues on Christmas Who does not like surprises? Everyone loves to be surprised with gifts on important occasions.

Food 52
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2023 Employee Benefits Trends: How do your benefits stack up?

Employee Benefits

Through 2022, we all faced quite volatile macroenvironmental circumstances to say the least. Through 2023, businesses will face recessionary challenges along with changing employee expectations. Employee benefits will play a key role in supporting the overall pay, benefits and compensation package to help employers build and maintain strong teams and weather the macroenvironmental storm.

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Gender pay gap reporting 2023: what’s required?

cipHR

From the snapshot date and reporting deadline, to where to view other employers’ reports, here’s everything you need to know about gender pay gap reporting. We answer some of the most common questions about gender pay gap reports, their effectiveness so far in reducing gender pay inequality, and the prospect of the requirements being extended to a wider group of employers. .

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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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Media Industry Layoffs on the Rise: Experts Weigh In on the Causes and Consequences

HR Digest

The media industry has been hit hard by layoffs in recent months , with major companies like Buzzfeed, Verizon Media, and Condé Nast all announcing significant job cuts. These layoffs have sparked concern and outrage among media workers and industry experts, who are worried about the impact on the industry and its employees. But what is driving these job losses and what are the consequences for media workers and consumers?

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How Improving Your Concentration Helps Your Memory

BetterUp

Jump to section. What is concentration? What causes a lack of concentration? Why is improving concentration important? How are concentration and memory related? 5 tips for improving your concentration. Improve brain power today for a healthy tomorrow. It’s happened again. You’re deep in conversation with someone, and within seconds of wrapping up your chat, you completely forget what you were discussing.

IT 52
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Will Employees Drive Benefits in 2023? | BerniePortal

BerniePortal

Recent history has shown us that employees were a driving force behind which benefits were offered. In years prior, organizations felt little pressure to provide additional benefits such as more generous parental leave, unlimited paid time off, hybrid work opportunities, and many more. Now that offerings like these have become the new normal, organizations must re-evaluate their strategies to ensure they remain competitive in landing top talent.

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The Carers Leave Bill – Is It Enough for your Employees?

Employee Benefits

Recently, there has been a huge step in the right direction for the support of those in the workplace with caregiving responsibilities. The Carer’s Leave Bill, which grants ‘unpaid carers’ a week of unpaid leave has been approved and backed by the Government. According to The 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.

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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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Long story short: Employees are prioritizing culture and benefits in 2023

Employee Benefit News

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Soaring Santa demand means sackfuls of cash for festive entertainers

Employee Benefits

Something for the weekend: Santas little helpers can name their price this year, as US-based holiday entertainer hiring website HireSanta.com has revealed it is overwhelmed with tree-mendously high demand. In a video interview with news website NPR, Mitch Allen, founder and self-described ‘head elf’ at HireSanta.com, explained that the business has seen a 125% increase in demand for Father Christmas compared with holiday seasons before the Covid-19 (Coronavirus) pandemic, with 20 clients clamour

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5 must-have financial wellness benefits for 2023, according to Goldman Sachs

Employee Benefit News

Finance 101
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The five best budget friendly Christmas gifts for your employees

Employee Benefits

When you reach the last calendar month, there are many tell-tale signs it’s nearly Christmas. Office attire has switched to thermals and dangly Christmas tree earrings, Heart Christmas Radio is on repeat, and the workload dies down as you start putting tasks on next year’s to-do list. Yet, December is also a great time to show your appreciation to your employees or work colleagues.

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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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Should you pay off your student loans?

Employee Benefit News

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53% of employers planning pay rises of at least 5% in 2023

Employee Benefits

More than half (53%) of employers said they intend to give staff pay increases of at least 5% in 2023, according to an Incomes Data Research poll. The survey of 181 large private sector organisations found that 24% anticipated awarding an increase of 6% or more, and 25% intended to make pay increases of between 4% and 4.99%. Just 1% said they would give employees between 0.1 and 1.99%, with the same number implementing a pay freeze.

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Starbucks staff begin three-day strike as contract talks sour

Employee Benefit News

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Upcoming ACA Reporting Deadlines

Griffin Benefits

Employers subject to Affordable Care Act (ACA) reporting under Internal Revenue Code Sections 6055 or 6056 should prepare now to comply with reporting deadlines. in early 2023. For the 2022 calendar year, covered employers must: a) furnish statements to individuals by March 2, 2023; and b) file returns with the IRS by Feb. 28, 2023 (or March 31, 2023, if filing electronically).

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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.