Wed.Feb 07, 2024

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Whenever I hear the future of work, I reach for my pistol

Workplace Insight

For years it has been evident that there is no ‘future of work’ There is only a journey with no destination and no single way of not getting to it. That hasn’t stopped people talking about it all endlessly. And each time they have, I’ve reached for my pistol. This used to be primarily about the office. This was always a snark , based on a faulty idea that all things were converging on a single point, the elusive office of the future with its juvenilia, sun-dappled campuses, millennia

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How Small Businesses Can Develop a Financial Wellness Strategy

Best Money Moves

How small businesses can develop a financial wellness strategy. Learn more about how small businesses can embrace financial wellness to increase employee well-being. A comprehensive benefits package is one of the best strategies small businesses can use to retain employees and attract top talent. When salaries are comparable, the decision to take an offer often comes down to the level and quality of an employer’s benefits program.

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86% of employees are stressed about money: Why your financial wellness benefits may be failing

Employee Benefit News

Concerns around student loans, the cost of living and retirement are impacting employees' financial and emotional well-being.

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Study: 69% Drop In High-Paying Remote Jobs

Wellable

Late 2023 saw a 69% drop in high-paying partially remote roles. Is flexibility the new cost of earning big? The post Study: 69% Drop In High-Paying Remote Jobs appeared first on Wellable.

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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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Revolutionizing workplace happiness through employee recognition

Employee Benefit News

If your employer clients want to get the most benefit from a culture of appreciation, they need to be intentional and consistent.

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Top 10 Tips to Manage Employee Time-Off

HR Lineup

Managing employee time-off efficiently is crucial for maintaining productivity, ensuring employee satisfaction, and fostering a positive work culture within an organization. Effective time-off management involves balancing the needs of employees with the operational requirements of the business. In this article, we’ll discuss ten valuable tips to help employers and HR professionals effectively manage employee time-off while maintaining workflow continuity and employee morale. 1.

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Employers want to fire workers without getting shamed on TikTok

Employee Benefit News

Social media backlash has executives looking for advice on how to lay people off without it blowing up in their faces.

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London must take better decisions on whether to retrofit its buildings

Workplace Insight

The London Assembly Planning and Regeneration Committee has published a new report called Retrofit vs Rebuild? which asks how decisions are made to either retrofit or rebuild properties and the carbon implications for both. In London, buildings account for an estimated 68 per cent of the city’s carbon emissions. These emissions arise from the construction, operation, and demolition of buildings.

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13 tech companies that have cut the most jobs in 2024

Employee Benefit News

Almost 32,000 workers have already been let go since the start of the new year.

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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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Cautious welcome for government’s disability plan which aims to make UK ‘most accessible nation’

Workplace Insight

The UK government has announced details of its new Disability Action Plan which includes 32 steps it claims will make the UK the most accessible place in the world for disabled people to ‘live, work and thrive’ The publication of the Disability Action Plan is part of the government’s stated intention to improve the lives of millions of disabled people.

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How 'psychological first aid' can help employees manage the stress of current events

Employee Benefit News

When employees are impacted by current events, disaster or a crisis in their workplace, this organization shows up to offer immediate support and coping tools.

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How to structure a total reward strategy

Employee Benefits

An employer’s total reward strategy should be a combination of all the reward, benefits and development components that it offers to staff. Collecting employee feedback is key to structuring a total reward strategy and offering benefits that appeal to an entire workforce. There are multiple ways to communicate a strategy, such as a total reward statement and personalised notifications from benefits platforms based on employees’ needs.

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The Harmony of Health and Wealth with HSAs

Benefit Resource Inc.

A key player in the balance between health and wealth is the health savings account (HSA). Beyond being a traditional healthcare benefit, HSAs provide a win-win situation for both employers and employees. Understanding HSAs Health Savings Accounts are tax-advantaged savings accounts designed to help individuals and families with high-deductible health plans (HDHPs) cover medical expenses.

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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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Ovo Energy ensures its total reward strategy offers flexibilty for staff

Employee Benefits

Energy technology business Ovo Energy uses its total reward strategy to ensure its workforce feels inspired and a deep sense of belonging when they join. With around 5,000 employees based across the UK in London, Bristol and Glasgow hubs, the firm launched a new people offer to give more choice and flexibility, which it keeps at the heart of everything it does to support them.

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5 Ideas for Boosting Employee Engagement

COMPackage

The last few years have been a game changer for employers and employees alike. It started with the Pandemic, which showed people that a lot of jobs could be performed just as well remotely as in person. Soon after that came the Great Resignation, which saw a 20-year high for employees quitting their jobs, often as a result of poor treatment or-low wages.

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Adecco Group prioritises agility for its total reward strategy

Employee Benefits

Over the last 18 months, Adecco Group’s total reward strategy has needed to be relatively agile to address the needs of its employees during the cost-of-living crisis. The group has three global business units, Adecco, Akkodis and LHH, which cover talent and recruitment, and digital and engineering solutions. It employs 39,000 employees across 60 countries and has around 3,000 members of staff in the UK and Ireland.

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Navigating Uncertainty: The Strategic Imperative of Investing in People and HR Tech

Bayzat

In 2024, the global market for HR Tech Startups was calculated to have a value of USD 23,179.2 million, and estimates suggest that the market will grow to over USD 32,776 million by 2031. It’s projected to happen at a rate of 5.94 percent CAGR in the upcoming years. In an era where economic predictability seems like a distant dream, UAE businesses stand at a crossroads, faced with the daunting task of navigating uncertainty. “HR Technology is constantly evolving, and companies across the

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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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Sarah Bogues: How to become a fertility-friendly employer

Employee Benefits

Employers play a critical role in the fertility journey of their employees. When employers get it right, the loyalty they can cultivate among their staff is immense. As the Fertility Treatment (Employment Rights) Bill makes its way through Parliament, it is an opportune time for employers to reassess their approach to employee support in this area. Upon implantation, an employee is considered pregnant and protected from discrimination, similar to naturally conceived pregnancies.

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Unlocking Effective Communication in Real Estate Law: The Power of a Litigation Paralegal

Professionals Alternative

[link] Unlocking Effective Communication in Real Estate Law: The Power of a Litigation Paralegal Introduction to the role of a litigation paralegal Being a litigation paralegal in the field of real estate law is an exciting and demanding role that requires a unique set of skills and qualities. As a litigation paralegal, I have witnessed firsthand the importance of effective communication in navigating the complex world of real estate law.

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Average woman saves £136,000 less than the average man for retirement

Employee Benefits

By the time the average woman reaches the retirement age of 67, she will have saved a pension pot worth £69,000, which is £136,000 less than the average man, who will have saved £205,000 in the same period, according to research by Now: Pensions. Its 2024 gender pension gap report , published in partnership with the Pensions Policy Institute, found that women would need to work and save for an extra 19 years on average to retire with the same amount of money in their pension savings as a man.

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Reducing Costs to Prevent Layoffs in 2024

PeopleStrategy

As 2024 gets underway, businesses are preparing for changes to their bottom line. Unfortunately, many times this comes with reductions in force by not replacing employees who leave or, even worse, layoffs. However, with enough advanced planning, your company might be able to prevent downsizing or asking employees to do the same (or more) with less. Cutting and watching costs no matter whether the current economy is good or bad should always be a priority for a company.

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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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Dexters introduces bikes-for-work scheme

Employee Benefits

Credit: Petra Figueroa / Shutterstock.com London-based estate agents Dexters has launched a bikes-for-work scheme for its 2,000 employees. Through the scheme, which is provided by micromobility platform Forest, Dexters’ employees will be able to take out a monthly e-bike subscription for £29. This works out as approximately £1 per day if they cycle for at least 60 minutes.

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Attendance registration opens for 55th NeoCon

Workplace Insight

Plans are taking shape for the 55th edition of NeoCon (held June 10-12 at THE MART, Chicago), the world’s leading platform for commercial space design, as show management announces a power-list of thought-provoking speakers, dynamic activations, best-in-class brands, and the newest movers and shakers impacting the built environment. The three-day event offers unparalleled opportunities to connect, learn, and experience the latest trends and innovations across verticals, from office to healthcare

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Lyft rolls out new pay standard for drivers

Employee Benefits

Taxi service Lyft has introduced a new pay standard for its driver employees to ensure they are guaranteed at least 70% of the payments they receive from customers. The commitment will mean drivers earn this minimum percentage each week after external fees. If they are under this amount at the end of the week, they will be paid the difference. The organisation implemented the change because Lyft drivers last year earned, on average, 88% of customer payments after local taxes and the government-m

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2 coaching questions all leaders must ask

Business Management Daily

There are plenty of questions I get asked about coaching, but there are two I think are important that aren’t often broached. So while there are plenty of coaching questions we can and should ask ourselves as leaders, I want to highlight these two. Here they are, and why they are so important. 1. When should I start coaching? Most people don’t ask this question because they have an assumed answer.

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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.