Wed.Sep 06, 2023

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Find Out How EWA Fuels a Happier, High-Performing Workforce

PayrollOrg

Sponsored by Earnin, the free for PayrollOrg members' webinar "How Earned Wage Access Fuels a Happier, High-Performing Workforce" takes place Wednesday, September 13 from 1:00 p.m.-2:00 p.m. EDT.

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Kris Weber: The impact of BBC v Christina Burns on pension costs

Employee Benefits

BBC v Christina Burns concerns the ability of employers to amend their old-fashioned and prohibitively expensive defined benefit pension schemes to make cost-saving changes. Often this is done by closing a scheme to future accrual, so members no longer earn any further benefits in it. The court said the BBC could not do this. It also highlights a disconnect between the language used in pension scheme rules, as some of which, like the BBC’s, can date back as far as the 1940s, and the wishes

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Employees are lying about their AI skills to keep their jobs

Employee Benefit News

The rapidly changing tech landscape has caused employees to doubt their job security if they can't keep up with automation.

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5 steps to help employees engage with their pensions

Employee Benefits

Given cost of living worries and the notion this may be impacting pension savings, WEALTH at work conducted research* with employees to find out their thoughts into what’s happening in reality. It found that whilst a minority (13%) are taking action now and either reducing or stopping pension contributions, more worryingly, many more admit they may consider stopping payments (29%) or reducing payments (30%) in the future.

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Creating a Company Culture of Care: Integrating Mental Health, Wellbeing, and DEI in Benefits

Speaker: Sean Raible

Picture a workplace where physiological safety is not just an aim but a reality, driven by thoughtful employee benefits that prioritize mental health, wellbeing, and DEI. 🤔 ✨ Achieving this vision requires more than just occasional training sessions and employee assistance programs. Moving beyond the basics, this vision calls for a holistic approach that integrates these elements into your company culture as well as your HR and benefits strategy.

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SECURE 2.0 brings retirement plan opportunities — and challenges

Employee Benefit News

Roth contribution options and pension-linked emergency savings accounts, among other promising provisions, will require extensive clarification.

More Trending

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SECURE 2.0: The Impacts of Employer Matching for Student Loan Payments

McDermott Will & Emery Employee Benefits

Following the US Supreme Court’s rejection of substantial portions of the Biden administration’s plans for student loan debt relief, and with the end of the student loan repayment moratorium in sight, student loan debt is set once again to impact millions of American workers. Fortunately, starting next year, employers will have new ways to help […] The post SECURE 2.0: The Impacts of Employer Matching for Student Loan Payments appeared first on EMPLOYEE BENEFITS BLOG.

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New Data Released on Four-Day Workweeks

International Foundation of Employee Benefit Plans

A new survey report from the International Foundation of Employee Benefit Plans reveals the flexible work arrangements offered by companies across the United States. Key findings from Four-Day Workweek: 2023 Survey Results include the type of non-traditional schedules offered, and reasons for and challenges of […] The post New Data Released on Four-Day Workweeks appeared first on Word on Benefits.

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Group Fitness Classes: A Key Investment In Your Return-To-Office Strategy 

Wellable

As employee fitness session participation soars, leveraging group training can strategically align RTO plans with the evolving needs of the workforce. The post Group Fitness Classes: A Key Investment In Your Return-To-Office Strategy appeared first on Wellable.

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Why promotions raise the risk of turnover, according to ADP

Employee Benefit News

ADP's quarterly report, Today at Work, reveals just how committed employees are to their companies.

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New DOL Final Overtime Rules: Quickstart Guide for Employers

There’s a new overtime salary threshold that will impact employers across the country. If you have an employee making less than $43,888 on July 1 or less than $58,656 on January 1, you’re going to have to start paying overtime. Download Paycor’s guide to learn: Which groups of employees are affected? How should you classify employees? Best ways to mitigate risk.

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Wave implements new employee benefits platform

Employee Benefits

National water retailer Wave is implementing a benefits platform to enable it to offer a more flexible and personalised package for employees. Through the platform, which is provided by Zest and will be rolled out in October, Wave’s employees will be able to access all benefits in a single place. While Wave’s existing benefits package meets employees’ needs, the previous lack of such a platform meant some were unsure how to access the options available to them.

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Gen Z's DEI focus clashes with reality of culture wars

Employee Benefit News

There's tension between companies' need to be attractive to young workers while operating under increasingly challenging economic and political climates.

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Buyer’s guide to bikes-for-work schemes

Employee Benefits

What are bikes-for-work schemes? Bikes-for-work schemes are tax-exempt arrangements that encourage employees to cycle to work to reduce environmental pollution and promote healthier lifestyles. The schemes are usually offered via a salary sacrifice arrangement. It was introduced in the 1999 Finance Act to encourage employers to loan bicycles and cycling safety equipment to employees as a tax-exempt benefit to encourage more people to cycle to work.

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'Empty nest syndrome' is the latest mental health battle for working parents

Employee Benefit News

Employees struggle with feelings of depression, anxiety and a loss of identity once they drop their kids off at college.

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6 Strategies to Navigate Social Determinants of Health for a Better Workplace

In today’s dynamic work landscape, where the lines between personal and professional life blur, understanding the intricate interplay between social determinants of health (SDoH) and emotional wellbeing is paramount. Employers must acknowledge that the whole person comes to work and every aspect of a person’s personal and professional life, especially their mental health, comes with them.

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What is a childcare stipend?

PeopleKeep

In today's fast-paced world, many employees with children are struggling to juggle the demands of their careers and their responsibilities as parents. Finding quality childcare can be expensive and time-consuming, often leading to added stress and decreased productivity at work. For many others, a lack of access to childcare can hold back their careers.

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Why pet benefits could be the missing piece in your recruiting/retention efforts

WEX Inc.

As pet owners, we consider our furry friends as cherished family members, providing them with love and care. Just like humans, pets can face unexpected health issues or accidents that may require veterinary attention. This is where pet benefits come into play. We surveyed our participants earlier this year. When asked what benefit they’d like to learn more about, pet insurance received the third-most responses.

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Insight Enterprises and Mason Advisory named Best UK Workplaces in Tech 2023

Employee Benefits

Credit: JHVEPhoto / Shutterstock.com Digital solutions firm Insight Enterprises, business management consultancy Mason Advisory and information technology firm Allianz Technology have been named as some of the UK’s Best Workplaces in Tech for 2023. Established by Great Place To Work UK, the list is created using anonymous feedback from employees in the technology industry about their workplace experience.

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7 Collaboration Interview Questions and How to Answer Them Correctly

BetterUp

Jump to section What are collaboration interview questions for?

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HR Trends to Watch in 2024 + Plus Advice for Driving Impact!

The pressure is on to create a positive onboarding experience. Plus, a sub-par onboarding process can domino into other concerns such as low performance, burnout (for you and new hires), and retention challenges. Our 2024 State of HR report will give you a realistic picture of the HR landscape and tips to onboarding effectively in the year to come.

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Scottish police officers secure 7% pay rise

Employee Benefits

The Police Negotiating Board (PNB) and Scottish government have agreed that all police officers in Scotland will receive a 7% increase to pay and allowances, backdated to 1 April. The agreement was reached following dialogue and negotiation through the PNB, which is made up of representatives from the Scottish Police Authority, Police Scotland, the Scottish Government, the Association of Scottish Police Superintendents, Scottish Police Federation and the Scottish Chief Police Officers Staff Asso

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Pierpoint

HR Lineup

Pierpoint is a leading global provider of RPO (Recruitment Process Outsourcing) solutions and talent acquisition services. With a strong reputation for delivering exceptional results, Pierpoint has established itself as a trusted partner for businesses seeking to optimize their recruitment processes and attract top talent from around the world. One of Pierpoint’s primary strengths lies in its ability to offer comprehensive RPO solutions that cater to the diverse needs of businesses operati

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PoloWorks to roll out new benefits technology

Employee Benefits

Insurance market support services provider PoloWorks is rolling out new benefits technology to increase employee engagement with benefits and enable them to access all options in a single location. The platform, which is provided by Zest, will be rolled out in November. According to PoloWorks, the technology will also help with benefits administration, integrating with existing technology to offer its employees easy access to, and greater personalisation around, their packages, as well as ensuri

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The right and wrong way to provide employee education assistance

Business Management Daily

You can help employees with their current educational expenses, pick up their student loans, or even help out employees’ children with their educational expenses. But if you don’t do things correctly, the benefits you provide will be taxable to employees, which defeats your goal. Learn from this employer’s mistake. 529 plans aren’t for employers IRC § 529 allows states and educational institutions to establish qualified tuition programs.

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Improving Access To & Utilization Of Cancer Screening With Color

Discover how Color's comprehensive care solution is revolutionizing cancer screening adherence and knowledge. Through an in-depth case study, Color's unique approach to comprehensive cancer care has shown significant benefits in increasing screening rates and enhancing patient knowledge. Participants reported a 2-3x increase in adherence to screening guidelines over just 8 weeks, with 84% of participants increasing their familiarity with timing and frequency of cancer screening.

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Power over pain: reducing MSK issues in the workplace

Employee Benefits

How many of your employees are in pain or discomfort? What is the wider impact on your business? And what strategies are you employing to prevent and support this? Whether your workforce operates from the office or from home – or a mixture of the two – it’s essential to have effective strategies in place. Estimates from the Labour Force Survey indicate that the total number of cases of work-related musculoskeletal disorders (MSDs) in 2020/21 was 470,000.

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What are retention bonuses?

PeopleKeep

Retaining valuable employees is crucial to the long-term success of a business. During company instability, reorganization, or a competitive labor market, employers must satisfy their top talent so they don’t leave for another opportunity. One way to keep productivity high and turnover low is by offering retention bonuses. Unlike performance-based bonuses, retention bonuses entice your most experienced and sought-after employees to remain at your company, regardless of performance.

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Improving the Employee Experience

eni

In today's fast-paced corporate landscape, an organization's ability to attract, retain, and nurture top talent hinges on more than just compensation packages and growth opportunities. The overall employee experience (EX) plays an increasingly pivotal role. A study from Jacob Morgan, author of "The Employee Experience Advantage", found that organizations that invest in the EX are four times more profitable than those who don't.

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Payroll Calculation in Excel vs. Payroll Software: Which Is Better?

Qandle

Running payroll is a fundamental task for every business, large or small. Accurate and efficient payroll processing is not only essential for employee satisfaction but also for compliance with labor laws and tax regulations. In this blog, we will explore the intricacies of payroll calculation, comparing the use of Excel spreadsheets to dedicated payroll software.

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Balancing Cost and Care: 3 Key Considerations for Cost Optimization in 2024

Discover essential strategies for employers to balance cost optimization with care. The top priorities for employers in 2024 are retaining talent, growing revenue and sales, and attracting talent. To achieve these goals, employers are turning towards comprehensive total rewards strategies informed by data-driven insights. Hear from industry experts on cost optimization strategies and how to leverage these approaches for a healthier workforce.