Thu.Jan 05, 2023

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8 little-known benefits of employee assistance programs

Insperity

It is often assumed that employee assistance programs (EAPs) are only for people seeking counseling and mental health support. Of course, an EAP provides those services, but that’s not the extent of what an EAP can do – not by far. In fact, that’s just the tip of the iceberg when it comes to EAP benefits. What are EAPs used for? With any EAP, the goal is to lift weight from employees’ shoulders and give them peace of mind so they can focus their attention on work and achieve better work-life bal

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Organizations Need to Have a Comprehensive Technology Strategy

HR Bartender

Estimated reading time: 3 minutes. As organizations are thinking about the economy and their plans to remain competitive in the market, it’s only logical that technology will enter the discussion. Technology has a lot of advantages. It can help organizations with routine tasks. It can provide data for planning and decision making. But technology is only as good as the systems we put into place.

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Stagecoach gives Sunderland drivers 11% pay rise

Employee Benefits

Bus drivers employed by Stagecoach in Sunderland have accepted an 11% pay rise and £150 bonus , backdated to 1 December 2022, ending their long-running strike. Three-quarters of the drivers, members of the trade union GMB, voted to accept the pay increase , which is more than the offer they received last year, of a 4% rise, followed by another 2% later in the year.

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Employers Covering Prescription Drugs for Weight Loss

International Foundation of Employee Benefit Plans

A healthy reset has been a standard theme entering the new year, but it shouldn’t be the only time of year workplace wellness gets prioritized. What an individual’s weight says. Read more > The post Employers Covering Prescription Drugs for Weight Loss appeared first on Word on Benefits.

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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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Confessions of a benefits manager: Candid helps with inflation

Employee Benefits

We have just started the annual review process and the whole reward team has to get stuck in. Each of us has a part of the business to partner through the process. To me that means chivvying each management level along to complete their planning, so the next level up can start messing about and changing everything. To be honest, I am slightly resentful of having to do this on top of my usual benefits activity.

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7 essential graphs to shape your financial wellbeing strategy

Employee Benefits

If you lead HR, benefits or rewards at your organisation, these insights will help you plan your financial wellbeing strategy and move your people forwards. Inflation is putting pressure on every household in the UK and worldwide. It’s leading to unavoidable rises in household spending while wages remain the same. As a result, many HR, benefits and rewards specialists are focusing on financial wellbeing, creating strategies to ensure their employees’ financial health is supported and financial s

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New Year's Resolutions

Florida Workers' Comp

There is a circle of stones in England, Stonehenge, that was constructed about 5,000 years ago. The pyramids in Egypt are similarly ancient. Around the time of Christ, someone constructed diagrams in the ground south of Lima Peru. These “Nazca Lines” depict various shapes and can only be fully appreciated from altitude ( they just found more last month ).

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BOOST ENGAGEMENT TO BOOST SUCCESS: HOW THE TOP EMPLOYERS OF 2022 ARE DRIVING EMPLOYEE ENGAGEMENT

Employee Benefits

The list is out! In truth, there are multiple lists highlighting the top employers of 2022. We’ve found the common strategies shared by the businesses being named and will talk you through the steps they’re taking to boost employee engagement and performance. In this blog, we take a look at: the opportunity to progress, diversity, equity & inclusion, employee wellbeing, and reward and recognition.

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Employers Prioritizing Enhanced Benefits in New Year, Not Cost-Cutting

InterWest Insurance Services

Despite group health insurance costs expected to rise 5.4% this year, the tight labor market is forcing employers to prioritize enhancing benefits over cost-cutting measures, according to a new report by Mercer. With Americans increasingly struggling to pay their health care bills, more employers are shying away from only offering their workers high-deductible health plans (HDHPs) that reduce premiums up front for higher out-of-pocket costs for workers.

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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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Recruiting Time Management Tips to Help you Start 2023 Off Right

Abel HR

According to Business Insider, the economy in 2023 is about to get tougher. But fewer job openings does not mean that recruiters will not face hectic days. In fact, an economic slowdown could mean even more applicants are applying for every position. The fact is that time management is essential for any recruiter whether we are facing the Great Resignation or going through a recession.

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Glink Named 2023 Top Financial Influencer

Best Money Moves

Ilyce Glink Named 2023 Top Financial Influencer. Ilyce Glink, Founder/CEO of Best Money Moves, was named one of the top financial influencers for financial advisors for 2023, according to Indigo Marketing Agency. The list, which includes such financial luminaries as Dave Ramsey, Rachel Cruze, Bill Cates, and Michael Kitces, is an annual effort by IMA.

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The evolution of line manager capability post-pandemic

LACE Partners

The pandemic has shifted what good people management looks like as now managers need to consider both hybrid and in office workers. Success in people management requires certain traits, such as empathy and inspiration, which cannot be taught. Chris and Kat Bernardes are joined by Mitch Lassman from Diageo as they discuss line manager capability and whether we should we be pushing every manager into the role of people management?

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We’re Making It More Convenient than Ever to Get Vaccines

Employer Connection

Effective Jan. 1, 2023, seasonal and non-seasonal vaccines* received through the CVS Caremark retail pharmacy network will be paid in full at the pharmacy counter by the member’s employer-sponsored health benefits plan. The CVS Caremark retail pharmacy network includes more than 68,000 participating pharmacies nationwide, including independent pharmacies, chain pharmacies, and 9,600 CVS Pharmacy locations.

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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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What is Talent Mapping?

HR Lineup

Talent mapping is a process that helps organizations identify, attract, and retain top talent within their industry. It involves analyzing current and potential employee skills, as well as identifying potential areas for growth and development. Talent mapping can be a complex and time-consuming process, but it is crucial for organizations looking to stay competitive and attract top talent in today’s competitive job market.

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US Department of Defense extends military parental leave

Employee Benefits

Credit: Mia2you / Shutterstock.com. The US Department of Defense has expanded its military parental leave programme in order to allow all eligible active and reserve service members to care for children while balancing their work. The expansion provides 12 weeks of parental leave to those on active duty for 12 months or more who have given birth, adopted a child or had a child placed for long-term foster care with them.

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FTC Proposes Rule to Ban Noncompete Clauses

Workers' Compensation

The Federal Trade Commission proposed a new rule that would ban employers from imposing noncompetes on their workers, a widespread and often exploitative practice that suppresses wages, hampers innovation, and blocks entrepreneurs from starting new businesses. By stopping this practice, the agency estimates that the new proposed rule could increase wages by nearly $300 billion per year and expand career opportunities for about 30 million Americans.

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Riviera Partners names chief people officer

Employee Benefits

Riviera Partners, an executive search firm for engineering, product, and design roles, has appointed Decio Mendes (pictured) as its new chief people officer. Mendes will lead Riviera’s people and culture strategy in the form of organisational development, talent management and training, and global employee experience. He joined from FLYN, a corporate development firm that he co-founded, which supports clients in developing HR strategies, leadership development and talent management programmes, a

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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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57 Unique Corporate Employee Gift Ideas to Choose in 2023

Empuls

Whether small or big, gifts have great value in our personal and professional lives. A thoughtful employee gift option conveys to the people in your organization that they are valued, and their delight matters to you. Corporate gift for employees has plenty of benefits starting from building stronger relationships and increasing employee motivation to strengthening company culture.

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Sainsbury’s boosts pay to at least £11 an hour

Employee Benefits

Supermarket chain Sainsbury’s has increased the pay of 127,000 hourly paid employees to at least £11 per hour, in a policy that will be effective from February. As part of a £205 million investment, hourly retail pay at Sainsbury’s and Argos have been increased from £10.25 to £11.00 per hour, and from £11.30 to £11.95 per hour in London, which exceeds the government national living wage rates due to be implemented in April.

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Identifying and Retaining Key Employees

CorpStrat

Identifying and retaining key employees is especially important in light of ongoing attraction and retention difficulties employers have been facing. According to Zywave’s 2022 Attraction and Retention Survey, more than 75% of employers consider attraction and retention to be among their top five business challenges. In response to changing work demands brought on by the COVID-19 pandemic and trends such as the “Great Reshuffle”—a mass movement of workers from their current roles to positions th

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Preventing Slips, Trips and Falls

Higginbotham

Slips, trips and falls are a common cause of workplace accidents and can lead to serious injuries, lost productivity and costly insurance claims. As individuals, we all want to avoid being injured, however, as a business owner or worksite manager, it may be an important part of your job to take the necessary steps to prevent these types of accidents.

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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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Congress passes SECURE 2.0 Act, making important changes to 401(k)s

Business Management Daily

The last act of the 117th Congress was to pass the Consolidated Appropriations Act, 2023. Tucked not-so-deep into the CAA is the SECURE 2.0 Act of 2022 —90+ provisions focused on 401(k) and other retirement plans. SECURE 2.0 builds on what we can now call SECURE 1.0, which was enacted in 2019. SECURE 2.0 is an expensive piece of legislation. Congress has chosen to pay for it by mandating that plans offering certain 401(k) features, like catch-up contributions, be made on an after-tax, Roth basis

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How to Choose an HRIS in 5 Steps

BerniePortal

An HRIS can revolutionize your HR position, but what is an HRIS? A human resources information system , or HRIS, can simplify your most time-consuming and difficult administrative tasks. Once those tasks are taken care of, you can focus on making your role as strategic as you want it to be. There are many HRISs to choose from, many of which have features you may need.

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How to Build a Customer Service Team?

Professionals Alternative

How to Build a Customer Service Team? What can you do to strengthen your relationships with your consumers that are most crucial? The solution is as simple as it is often ignored: enhance customer service. Customers are most likely to remember their direct connection with your business, regardless of how amazing your product is or how talented your staff is.

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Upskilling and reskilling the workforce for an uncertain future

cipHR

The right talent is hard to find and keep. Upskilling and reskilling programmes will engage your people, and set up your organisation for future success. The past couple of years have been a perfect storm for workplace skills. The World Economic Forum was predicting even before the Covid pandemic that 50% of employees would need reskilling by 2025 , while months of economic shocks, remote working and furlough have shaken up the labour market beyond recognition.

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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.