Wed.Nov 30, 2022

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75+ Ways for HR to Enhance the Employee Experience (EX) in 2023

Darwinbox

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Financial Planning During Uncertain Times

Money Talk

There is no question that we are living in very uncertain times (e.g., inflation, stock market volatility) and few things make people more uneasy than uncertainty about the future. What to do? Below are eight suggested strategies to deal with uncertainty: Check Emotional Reactive Responses - People often make poor decisions when they are emotionally stressed.

Finance 353
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Employee Benefits free webinar: How important is women’s health at work?

Employee Benefits

A free webinar hosted by Employee Benefits, titled How important is women’s health at work? in association with Peppy, will be broadcast live at 11am on Wednesday 7 December 2022. Employee Benefits’ editor Debbie Lovewell-Tuck will be joined by Sam Blevins, health and wellbeing development manager at John Lewis Partnership, Debra Gardner, head of HR and ESG at LSL Property Services, Francesca Steyn, director of fertility and women’s health at Peppy, and Ellie Vaughan, head of reward and benefits

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10 Unique Extrinsic Rewards That Your Employees Will Love In 2023

Vantage Circle

Imagine. What would happen if your employees knew that behind every great job they do, there is a tangible reward waiting for them at the end of it? Deadlines would be met sooner, people would be more motivated, and productivity would skyrocket. And that precisely explains the power that extrinsic rewards hold. Definition Of Extrinsic Rewards. Extrinsic rewards are a type of incentive that motivates people by rewarding them with something tangible — such as praise, fame, or money —

PTO 105
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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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Department of Work and Pensions reports 5.9% mean gender pay gap

Employee Benefits

The Department of Work and Pensions (DWP) has reported a mean gender pay gap for 2022 of 5.9%. The government department’s mean gender pay gap , increased by a 1.7 percentage point from 2021, while its median gender pay gap for 2022 is 0. The overall mean and median hourly difference in pay is £0.91 and zero respectively, because it has proportionally more men than women in its more senior roles.

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More Trending

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Former hotel worker wins unlawful wage deduction case

Employee Benefits

An employment tribunal has ruled that a former hotel worker employed by Luxury Family Hotels was unfairly dismissed and had an unlawful deduction of wages. Molly Murphy, who worked at Fowey Hall Hotel in Cornwall for three years, found that after a period of furlough during lockdown, and her lodging a complaint against another member of staff, the hotel did not have any hours or work to give her.

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Let battle commence. Here’s Works magazine issue 3

Workplace Insight

Without wishing to sound overly dramatic, welcome to the greatest workplace battle of the decade. (And one we’ll continue to cover on Insight, IN Magazine and Works, issue three of which you can find here – and very nice it is too.) When Elon Musk recently called on all Twitter employees to ready themselves for ‘long hours at high intensity’ or to leave, he basically – in his own inimitable style – dispensed with the niceties but said what some others really would like to say to thei

Media 98
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Max Ballad: Forfeiture rules should allow trustees discretion to pay benefits to pensioners

Employee Benefits

Imagine you go into a shop to buy an item for 95 pence and hand over £1. You wait for your change. After a short while the shopkeeper closes the till and wishes you a good day. “No change?” “Sorry sir, in this shop if you don’t ask for your change within 15 seconds, we keep it.”. Pension scheme members may get a similar feeling if their scheme has a mandatory forfeiture rule and the trustees inform them their pension is less than it should have been.

Pension 98
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18 affordable benefits to offer instead of a raise

PeopleKeep

One of the most important aspects of running a business is attracting and retaining employees. Without skilled workers, your organization can’t grow in a competitive market. To attract qualified job candidates, employers must improve employee engagement and enhance the employee experience. When combined with your existing employee perks, free and low-cost employee benefits can help incentivize employees to stay with your organization—and help you stay within budget at the same time.

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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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What Plan Sponsors Need to Know About SECURE 2.0 in the Senate

International Foundation of Employee Benefit Plans

The end-of-year push to pass the bill package known as SECURE 2.0 is underway. SECURE 2.0 is comprised of three separate bills, one in the House of Representatives (House) and. Read more > The post <strong>What Plan Sponsors Need to Know About SECURE 2.0 in the Senate</strong> appeared first on Word on Benefits.

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Insights and Challenges for the Executive Compensation Committee

McDermott Will & Emery Employee Benefits

The board’s executive compensation committee is the focus point for many of the extraordinary financial, economic and operating challenges currently facing healthcare organizations. Executive compensation increases are impacted by both an inflationary economy and significant revenue downturn. In addition, the US Department of Justice has identified executive compensation as an important conduit through by which […].

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Form W-9 vs. W-4: What Are the Right Forms for Employees and Contractors?

Patriot Software

You must withhold the right amount of taxes on employee wages when paying employees. But what if you need to pay an independent contractor? To keep tax information straight between independent contractors and employees, you need to know the difference between Form W-9 vs. W-4. Read on for the scoop. What is the difference between […] READ MORE.

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Benefits on offer at Central Co-op

Employee Benefits

Benefits offered by Central Co-op: Pension and group risk. A group personal pension for all employees, with varying contribution levels. Life assurance, funded by the employer. Healthcare and wellbeing. Health cash plan, funded by the employee. Employee assistance programme, employer paid. Line manager mental health training. Mental health champions.

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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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Top tips to help employers explain health benefits to their workforce

UMB: Emplooyee Benefits

Medical expenses are top of mind for many. Below are tips to help employers better communicate benefit options to their employees. The post Top tips to help employers explain health benefits to their workforce appeared first on Financial insights for individuals and businesses.

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New Site is Almost Finished

The Workcomp Writer

Well, it’s almost here. By “it,” I mean my new—and I think, much improved—web site, featuring my analysis and commentary of current workers’ compensation cases, legislation, trends, and the like. The technical, “backroom” work required to get ready for this post was considerable, much more than my low-tech mind had imagined. I’ve had a great team working on the new site, however, and I’m excited about its possibilities.

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What Is Sales Management? Definition and Skills to be Effective

BetterUp

Jump to section. What is sales management? Sales management general functions. 5 crucial skills for effective sales managers. What is the sales managing process? Sales management objectives.

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Social Security Contributions for Employees Working in Europe

Global People Strategist

Are your employees planning to travel to Europe on business? Depending on the country and the length of an employee’s stay, they may owe social security contributions to the country in which they are working. The EU created a regulation that provides that employees pay social security contributions to only one country at a time, eliminating double social security contributions.

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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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AssuredPartners Announces Acquisition of Witkemper Insurance Group

AssuredPartners

ORLANDO, FL – December 1, 2022 – AssuredPartners, Inc. is pleased to announce the acquisition of Witkemper Insurance Group (Witkemper) in Greensburg, IN. This marks the 32nd acquisition by AssuredPartners in 2022. The team of 19, located in both Greensburg and Indianapolis offices, will remain under the operational leadership of President, Kyle Nichols.

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Podcast: Central Co-op introduces new reward hub to enhance benefits offering

Employee Benefits

tynanbarton · Employee Benefits/Central Co-op podcast. Listen: Retail co-operative society, Cental Co-op, has launched a new reward and benefits platform to offer a centralised benefits hub with essential support for employees during difficult financial times. In this episode of the Employee Benefits podcast, Jen Roberts, senior reward and wellbeing manager at Central Co-op, explains more about why the society decided to introduced the platform, the Difference Maker hub , at the end of November

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Year-End Payroll Doesn’t Have to Be a Mess

CorpStrat

Your year-end payroll doesn’t have to be a crunch. Most Payroll and accounting departments are overwhelmed at year-end — there’s so much to get done and your team might already be stressed going into the holiday season. We think approaching your year-end early can help you be sure that you complete all of the important tasks, leading to a great Payroll close out.

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Top HR Conferences for 2023 | BerniePortal

BerniePortal

Over the past three years, the world of work has changed forever. And that means the human resources industry has to change too. As HR pros continue to adapt in 2023, many plan to expand their skill sets and expertise through professional development. Fortunately, there are a handful of can’t-miss industry conferences in 2023 that can help HR pros do just that.

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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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19% of older line managers do not think staff wellbeing is integral to their job

Employee Benefits

One in five (19%) line managers aged 55 and above do not think that supporting staff wellbeing is integral to their job compared to 7% of younger line managers, according to research by return-to-work rehabilitation organisation Working To Wellbeing. Its Window to the workplace survey, which surveyed 510 UK line managers and 1,068 UK workers, found that 19% of line managers aged 55 and above are on the fence about whether supporting employees’ wellbeing is part of their role, while 62% agree tha

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Actionable Ways To Step Up Employee Engagement In 2023

Hppy

Talent race is a harsh reality for modern organizations as they need to compete to secure the best resources in a tight market. But bringing them on board is only a start. Retention is an even more daunting challenge because employees expect more than a fat paycheck from employers. You can imagine the state of retention challenge from the fact that American businesses witnessed an average of 4 million monthly resignations in 2021.

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4 in 10 employees are worrying about money every day

Employee Benefits

Although employers may not be able to increase salaries to keep up with inflation, there are other more creative and affordable ways to support employee wellbeing during this time of financial uncertainty. All households will be affected as they need to spend more money on energy and food costs. Our recent survey found that 4 in 10 employees are worrying about money every day.

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How to build a business case for an HR system: five steps to success

cipHR

Build a business case for an HR system by following our tips for success, including defining your needs, and quantifying the benefits of a new HR system . The decision to invest in a first, or replacement, HR system is one that can pay off in many ways for HR teams, senior leadership, and employees: the many benefits of investing in HR software include more effective management of people data, improved efficiency, and valuable time saved on admin time.

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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.