Wed.Mar 13, 2024

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What is employee experience management? Importance and strategies

Achievers

A competitive salary is no longer enough to attract and retain the best talent. With the advent of remote work and organizations’ ever-increasing need for skilled, experienced workers, individuals have more choice, flexibility, and leverage when job hunting than ever before. If you want to successfully attract the workers your company needs time and time again, offer them something your competitors can’t: a best-in-class employee experience.

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UK office occupancy levels reach post-pandemic peak

Workplace Insight

New data from Remit Consulting suggests that UK office occupancy rates have risen to their highest level since the start of the pandemic. Although still below pre-pandemic levels, the data indicates a gradual return to more office-based work patterns. The ReTurn Report is compiled by Remit Consulting each week. It uses data provided by building managers in ten cities based on their property’s access control systems.

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Median monthly pay for February up 5.5% year-on-year

Employee Benefits

Median monthly pay for February 2024 increased by 5.5% compared to the same period last year, to an estimated at £2,331, according to data from the Office for National Statistics (ONS). Its labour market figures published on 12 March revealed that regular pay growth fell to 6.1% year-on-year in the three months to January from 6.2% in the previous period.

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Forty percent of companies calling staff back to the office five days a week

Workplace Insight

Two in five companies are returning to a five-days-in-the-office work week, according to new data from Virgin Media O2. The Telecoms giant’s Movers Index suggest that around 40 percent of firms now require five-day-a-week office work. Meanwhile, 92 percent of companies had some kind of mandatory in-office policy. Wednesday remains the top day for office work, with about three quarters of office workers coming in for the midweek.

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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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Employee health insurance options for dentist offices

PeopleKeep

Like other small employers, dentists may wonder if they must offer health insurance benefits to their employees. While the Affordable Care Act (ACA) only requires organizations with 50 or more full-time equivalent employees (FTEs) to provide health insurance, smaller companies, like a dental practice, can improve their retention rate , team morale, and overall productivity by offering a comprehensive health benefit.

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Not getting better: 87% of employees are struggling with mental health challenges

Employee Benefit News

Lyra Health found that employee mental health is getting worse, with increases in self-harm, suicidal thoughts and depression and anxiety.

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Quarter of people think different attitudes to tech can drive workplace tensions

Workplace Insight

According to a new poll from Capterra , just over a quarter of UK employees feel that a variety of preferences for technology can cause tensions in the workplace, especially between different generations. The survey also suggests there is a need for more collaboration and open communication when choosing workplace software. Capterra conducted the survey of 2,760 participants from seven countries, from which the findings of 405 UK employees were analysed.

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Study: Annual Physicals Fall Short In Improving Health Outcomes

Wellable

Studies show that annual physicals don't significantly improve long-term health outcomes. Explore alternative preventive health strategies for the workplace. The post Study: Annual Physicals Fall Short In Improving Health Outcomes appeared first on Wellable.

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Third of businesses say they are more likely to hire contractors this year

Workplace Insight

Just under a third (32 percent) of UK employers plan to hire more contract workers this year, according to a new report [registration] from recruitment company Robert Walters. Over a quarter (29 percent) report being encouraged to do so by the upcoming IR35 offset rule – coming into effect in early April. Not only that, but a January report from KPMG & REC found that demand for temporary professionals continued to increase softly across the private sector towards the end of 2023 – boding we

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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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Why belonging matters at work and how to foster it

Employee Benefit News

DEI programs often fail to foster a sense of belonging — a concept that encompasses much more than merely being part of a team.

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Three quarters of cybersecurity breaches are down to human error

Workplace Insight

A new poll claims that 74 percent of all cybersecurity breaches are caused by human factors. According to the data, published in The State of Email and Collaboration Security 2024 report from Mimecast, cyber threats are growing at an unprecedented pace, and the year ahead is fraught with cybercrime and incidents anticipated ahead of the busy election year where over 50 countries head to the polls.

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Buyer’s guide to earned wage access schemes

Employee Benefits

What are earned wage access schemes? Earned wage access (EWA) schemes allow employees to access a portion of accrued salary before their regular payday. Also referred to as flexible pay or instant or on-demand pay, the official UK government term is employer salary advance scheme. Via these schemes, employees can choose to be paid for a portion of work that they have already done, with employers setting a threshold, usually at about 25% to 50% of earned wages, at a time that works for them, whil

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Key Considerations for Drafting Effective Legal Employment Contracts

Professionals Alternative

[link] Mitigating Risks: Key Considerations for Drafting Effective Legal Employment Contracts ‍ Introduction to Legal Employment Contracts As an employer, one of the most crucial steps you can take to protect your business is to have legally sound employment contracts in place. These contracts serve as the foundation for the working relationship between you and your employees, outlining the rights and obligations of both parties.

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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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Centrica reports 2% mean ethnicity pay gap

Employee Benefits

Energy supplier Centrica has reported a 2% mean ethnicity pay gap for 2023, down from 3% in 2022. The organisation’s median ethnicity pay gap for 2023 was 11%, down from 12% the previous year. Meanwhile, its mean ethnicity bonus pay gap was 4%, up from 0 the year before, and its median gap was 25%, up from 23% in 2022. A total of 97% of ethnically diverse women and non-ethnically diverse women received a bonus that year.

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HSAs and 401(k)s: Benefits, Differences, and How to Leverage These Savings Accounts

BerniePortal

Younger generations are becoming more aware of the benefits of long-term savings. According to a study conducted by Fortune , Gen Z are 32% more likely to invest in their workplace retirement plan than their older colleagues were at their age.

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Sally Hulston: EHRC guidance on menopause in the workplace

Employee Benefits

The Equality and Human Rights Commission (EHRC) has published new guidance on menopause in the workplace and set out employers’ legal obligations. The guidance reasserts the fact that women experiencing menopausal symptoms, particularly in severe cases, have certain protections under the Equality Act 2010. While the menopause is not itself a protected characteristic itself under the Equality Act, this does not mean that employees cannot bring a discrimination claim.

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What is a key employee?

PeopleKeep

Key employees aren't your average workers. These employees are key to the overall success of a company. They typically influence the strategy of a business and may even have ownership of it. Without them, a business may struggle to survive in a competitive market. But while their role is essential in their organization, favoring them with regard to benefits can have legal consequences.

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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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KPMG to roll out wellbeing check-in initiative to US staff

Employee Benefits

Professional services firm KPMG is to roll out an energy check-in initiative to its 36,000 US employees and partners by the end of 2024. The organisation carried out a pilot of the initiative last year in one of its smaller divisions, with the aim of identifying employees who are at risk of burnout and wellbeing issues. Based on self-reported data and KPMG’s internal system, the programme will allow managers to see how many hours employees work compared to their chargeable hours, personal time o

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Why HR Should Consider the CEBS Employee Benefits Certification

UpstartHR

“I also enjoy the face to face with employees. And I think I really have chosen this field of benefits, this discipline, because I want to help employees maximize the benefits that are offered to them.” Summer Martin, Human Resources Generalist, STRATA-G Solutions We’re Only Human — Episode 174 The episode features a conversation between Ben Eubanks and Summer Martin about Summer’s journey in pursuing the Certified Employee Benefits Specialist (CEBS) certification.

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Japan’s Milestone in LGBTQ Awareness: A Comprehensive Look

HR Digest

In recent years, Japan has made significant strides in promoting LGBTQ awareness and addressing discrimination against sexual minorities. The passage of a groundbreaking law and the ongoing activism of LGBTQ rights organizations have brought this issue into the spotlight. This article delves into the key developments, challenges, and implications of Japan’s journey towards LGBTQ equality.

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64% of employees no longer trust their companies after mass layoffs

Employee Benefit News

New research from A.Team reveals how massive job cuts impacted the workforce and what it could mean for organizations.

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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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Career Fields: Finding The Job For You

BetterUp

Jump to section Career and fulfillment: how does your job impact your well-being?

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Cancer clinics face cash crunch after UnitedHealth hack

Employee Benefit News

Smaller centers that give patients chemotherapy and count on timely insurance payments to cover their drug purchases have been the hardest hit.

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Everything you need to know about geofencing time clocks

Business Management Daily

Can your on-the-go employees access your time clock app from their mobile devices? If the answer is yes, there could be quite a bit of time theft occurring right under your nose. For instance, what stops employees from clocking in before they reach the job site? Without a way to closely monitor time punches, you’d have no way of knowing they’re actually at the Burger King down the street.

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Ed Ligonde shares the 'why' that guides his career in benefits

Employee Benefit News

Ed Ligonde found his niche in B2B benefits after injury caused one career door to close.

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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.