Mon.Jun 26, 2023

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OC&C Strategy Consultants introduces global equal parental leave

Employee Benefits

Global strategy consulting firm OC&C Strategy Consultants has launched a fully equalised paid parental leave policy in a move towards gender equality for all of its employees. It will be rolling out the new policy across all 12 of its offices in Australia, China, France, Germany, Hong Kong, Italy, Netherlands, US and UK. The policy promotes shared care through equalising paid leave and flexibility for how that leave is taken.

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How to get started with HR benchmarking

Achievers

Every company wants to know where it stands in relation to its competitors — and where its various teams and departments stand in relation to each other. Is your organization falling behind its peers with regard to employee turnover or engagement? Are there some teams that have adopted innovative processes your business needs to spread organization-wide?

Insiders

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Free Electronic Payments eBook Updated for 2023

PayrollOrg

Successfully promote, implement, and administer direct deposit and electronic paycard processes within your organization with the help of PayrollOrg's free member benefit Guide to Successful Electronic Payments, 2023 edition, sponsored by rapid!

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The top five employee engagement mistakes and how to fix them

Employee Benefits

Employee engagement is critical to every organisation. As a rule of thumb, the better the employee engagement, the higher the morale and productivity throughout the workforce. But businesses can do better at engaging their workers, says David McCormack, CEO of employee perks and benefits provider HIVE360. Engaged employees are more productive, loyal, and likely to stay long-term.

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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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Business finance: The ultimate guide for non-finance people

Business Management Daily

Are you eager to launch a startup or new business? Or were you recently promoted to a financial role in your organization? Either way, you’ll need to master the basics of business finance if you want to find success. Even employees not working directly in finance generally need a basic understanding of it to succeed. Nothing exists in a bubble, and business finance is no different.

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Paying off a mortgage or paying into a pension?

Employee Benefits

With interest rates on the rise, we often get asked at our financial education sessions, is it best to pay off your mortgage or pay into your pension? Jonathan Watts-Lay, Director, WEALTH at work, a leading financial wellbeing and retirement specialist – helping those in the workplace to improve their financial future, comments, “Deciding whether to pay more off your mortgage or save more into a pension is a difficult decision, as both are really good financial practices.

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Fifth of firms failing to meet flexible working demands of staff

Workplace Insight

Employees are being denied opportunities to interact and collaborate with each other, with four-in-ten (40 percent) considering leaving their current job due to a lack of access to the right digital collaboration tools for flexible working. This comes as businesses fail to meet staff’s demands, with a fifth (20 percent) of human resources directors admitting they don’t know where to start in meeting their workforce’s flexibility needs.

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Travel assistance, telehealth, urgent care: A benefits checklist for summer vacation safety

Employee Benefit News

Tapping the right resources will save travelers precious time and money that can instead be devoted to fun in the sun.

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Employee Satisfaction vs Engagement: What’s the Difference?

15Five

We all want to be satisfied with our jobs. None of us want to hate what we do, be underpaid, treated poorly, or experience the “Sunday Scaries” because we’re so dreading the workweek. But is satisfaction enough? Does having a workforce full of satisfied employees always lead to positive business outcomes? The terms “employee satisfaction” and “employee engagement” are often used interchangeably.

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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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Insights For Success: Integrating DEIB & Employee Health

Wellable

Insights from our latest webinar with OrangeGrove Consulting to equip you with strategies to create inclusive and thriving workplaces. The post Insights For Success: Integrating DEIB & Employee Health appeared first on Wellable.

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Why managers should maintain (and model) work-life balance

Employee Benefit News

Three executives share advice on balancing professional and personal responsibilities.

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Coincover appoints new chief people officer

Employee Benefits

Digital asset protection firm Coincover has appointed Vikki Sly as its new chief people officer in order to boost its commitment to building a healthy scaling business. With a background in designing and implementing successful internal cultures, Sly will play an integral role in building a business culture that prioritises its people. She will oversee the development of the firm’s internal structure, collaboration processes, and learning opportunities, and will work closely with the executive t

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Popular #Workplace Hashtags in 2023

HR Lineup

In the fast-paced digital era, social media has become an integral part of our lives, both personally and professionally. It has revolutionized the way we communicate, share information, and even find job opportunities. Hashtags, in particular, have played a significant role in categorizing content and creating online communities around specific topics.

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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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Just Catching Up? SECURE 2.0 Roth Catch-Up Contribution Requirement Leaves More Questions than Answers

McDermott Will & Emery Employee Benefits

Beginning after December 31, 2023, the SECURE 2.0 Act indicates that any plan that permits catch-up contributions must require certain employees—i.e., those whose wages from their employer exceed $145,000 in the prior calendar year—to make their catch-up contributions on a Roth basis. This change raises a host of questions about how the rule is intended […] The post Just Catching Up?

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Benefits in action: At BofA, a month off work is good for employees — and the company

Employee Benefit News

One Bank of America employee explains the impact a new sabbatical program had on her and her family.

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Just Catching Up? SECURE 2.0 Roth Catch-Up Contribution Requirement Leaves More Questions than Answers

McDermott Will & Emery Employee Benefits

Beginning after December 31, 2023, the SECURE 2.0 Act indicates that any plan that permits catch-up contributions must require certain employees—i.e., those whose wages from their employer exceed $145,000 in the prior calendar year—to make their catch-up contributions on a Roth basis. This change raises a host of questions about how the rule is intended […] The post Just Catching Up?

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What impact will CDC pensions have on employers’ retirement provisions?

Employee Benefits

Need to know: Collective defined contribution (CDC) pensions potentially offer a more sustainable way of funding pensions and reducing pension liabilities for some employers. Their potential to provide a more secure and predictable retirement income for employees could help to close the retirement savings gap that leaves many workers with insufficient retirement income for later life.

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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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Early detection of COVID-19 in the workplace

Workplace Insight

Most workplaces have returned to full operational capacity following the COVID-19 pandemic, with the majority of restrictions being lifted, much to the delight of staff. Unfortunately, the initial relief of newfound freedom has been short lived, as the relaxation of rules continues to result in surges of COVID-19 cases, forcing some production facilities to close down due to high levels of employee sickness.

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10% of employers introduced support for staff aged over 50

Employee Benefits

One in 10 (10%) employers have in the last year introduced support for retaining employees aged over 50 years old, according to new research by Aviva. The insurance, wealth, and retirement business’ Working lives report 2023: fit for future found that more than three-quarters (76%) think it is important to retain employees aged 50 and above, with almost one-third (32%) of those saying it is very important.

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Natural HR

HR Lineup

Natural HR is a comprehensive human resources (HR) software solution designed to streamline and automate various HR processes. With its user-friendly interface and powerful features, Natural HR empowers businesses to efficiently manage their workforce and enhance employee engagement. It offers a range of modules and tools that cover the entire employee lifecycle, from recruitment and onboarding to performance management and offboarding.

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Exclusive: GI Group wins Grand Prix at Employee Benefits Awards 2023

Employee Benefits

GI Group was presented with the highly coveted Grand Prix award at the Employee Benefits Awards 2023, which took place on Friday 23 June. The Grand Prix is the ‘winner of winners’ accolade and is selected from the winning entries across all other categories. It is given to the organisation that most impressed judges with its overall achievements. GI Group was the winning entry in the Best benefits to support work-life balance and hybrid working, Best benefits to support menopause and Best use of

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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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Managers struggling with workload in new era of work

Workplace Insight

More than three-quarters of employees report that it has become more important for them to receive support from their manager, according to Gartner. Simultaneously, managers are also facing increasing expectations and a greater workload from the organisation, including new responsibilities brought on by hybrid working. A December 2022 Gartner survey of more than 6,000 individual contributors and managers claimed that managers are twice as likely to report an increase in responsibilities versus i

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Malaysia’s Paternity Leave Provisions

Global People Strategist

Malaysia is one of the best places to live in Asia. The country holds an excellent reputation for its local culture, tourism, employment sectors, and diversity. Recently, the provincial government worked on employee paternity and maternity laws and made a few amendments to support local families. Malaysians find the new leave policies beneficial and supportive during childbirth cases.

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A balanced approach: making hybrid working work, and accepting it isn’t optional

Workplace Insight

Hybrid working is back in the headlines – not that it ever really left. A recent report from the Centre for Cities warns hybrid working will result in an “unintended economic impact” and is calling on national government and the mayor of London to do more to remove barriers to getting people back into the office. It suggests a freeze on commuting costs and calls for better collaboration between the private and public sectors to make working in cities more appealing.

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Humi HR

HR Lineup

Humi HR is a comprehensive human resources (HR) platform that offers a wide range of tools and features to help businesses streamline their HR processes. With a user-friendly interface and robust functionality, Humi HR is designed to simplify HR management and improve efficiency. One of the key features of Humi HR is its employee management capabilities.

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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.