March, 2024

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Report Details 3 Trends Driving Employers’ Health Care Costs

InterWest Insurance Services

Pharmacy spending, high-cost claimants and newly developed anti-obesity drugs are expected to shape health benefits and affect the cost of care and health insurance for employers, according to a new report. The “ 2024 Employee Health Trends” report by Springbuk, an online health intelligence platform, reflects concerns among employers and insurers about runaway drug costs due to increasingly expensive medications and new diabetes and anti-obesity drugs.

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Study: Exercise To Combat Depression In The Workplace

Wellable

Research confirms a natural antidote for depression: exercise. Learn how exercise programs boost employee mental health and organizations' bottom line. The post Study: Exercise To Combat Depression In The Workplace appeared first on Wellable.

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What is People Analytics, and how does it benefit HR?

Business Management Daily

What makes a great manager? How can you improve employee engagement ? Is your talent acquisition up to par? There’s one thing these questions all have in common: you can answer them all by digging into your people analytics. What is people analytics? It refers to analyzing your organization’s employee data to make smarter, data-driven decisions to improve your operations and reach your business goals.

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How benefits can offer an empathetic approach to processing death

Employee Benefit News

Advisers can do a better job of helping clients understand how to be there during difficult transitions and ensure their employees are appropriately covered.

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HR in 2025: Insights & Predictions

What type of worker is most engaged—hybrid, remote, or onsite? What are the drivers of effective leadership? What does the C-suite think HR is most responsible for? And why is a wave of HR resignations more likely in the next 12 months? Get our annual survey report to find out: The #1 challenge of recruiting & hiring Why remote teams are struggling What are the drivers of effective (and ineffective) leadership And lots more!

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Unlock business results: the power of employee performance management

Achievers

Arguably the most important factor to business success is its people. Employees are the embodiment of an organization’s purpose, vision, and objectives. That’s why it’s so crucial that every employee is clear on the role they play in the bigger picture. But more than just the role they play, it’s equally important they feel supported, recognized, and valued throughout their entire employee journey.

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Biophilic design has a long history and an even bigger future

Workplace Insight

There are plenty of definitions of the modish concept of biophilic design around right now. But perhaps nobody can top that of Erich Fromm, the sociologist and psychoanalyst who first described it in his 1973 book The Anatomy of Human Destructiveness as “The passionate love of life and all that is alive”. The term biophilia was later popularised more dryly in a 1984 book by the biologist Edward O.

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Poor mental health in the workplace cost UK economy ÂŁ102 billion in 2023

Employee Benefits

Poor mental health in the workplace cost the UK economy ÂŁ102 billion in 2023, according to research by Axa UK. The healthcare group’s fourth annual Mind health study , which surveyed 16,000 people aged 18 to 74 from 16 European, Asian and American countries, also found that around ÂŁ26 billion was lost to the UK economy from employees taking sick days last year, and a further ÂŁ57.4 billion from workers being less productive due to work-related mental health conditions.

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Gen Z Employee Engagement on the Decline: A Worrying Trend Ensues

HR Digest

A Gallup employee engagement survey has raised concerns regarding the significant decline in Gen Z employee engagement since March 2020. Following the pandemic, employee engagement levels have consistently been a matter of concern and it has seemingly worsened with each passing year. We could perhaps blame the unstable job market or the rising inflation concerns for this disengagement, but it is likely a lot more complex than just one or two major factors causing the disruption.

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International Women’s Day: Women in Leadership

International Foundation of Employee Benefit Plans

International Women’s Day is an ideal time to pause and reflect on the status of women in the workforce—both how far we’ve come and how far we still need to go to achieve true gender equality. In this blog, Alyssa Hodder interviews […] The post International Women’s Day: Women in Leadership appeared first on Word on Benefits.

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The Employers Guide to Controlling Cancer

About 40% of us will be diagnosed with cancer in our lifetime, and patients are getting younger. At the same time, the cost of treatment continues to rise, with employers spending 8.5% more on cancer care for each employee than they did last year. The best thing employers can do for their employees and business tomorrow is to invest in cancer detection and care today.

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6 Employee Recognition Examples For 2024

Vantage Circle

By integrating employee recognition strategies into plans, companies can harness the force of acknowledgment to cultivate a corporate culture that draws in, motivates, and retains top performers. From personalized thank-you note and peer-to-peer shoutouts to inventive methods like flexible work arrangements, the examples of employee recognition are many.

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All Artificial Intelligence Is Not the Same

HR Bartender

Estimated reading time: 3 minutes A few months ago, we published an article about whether it’s okay for job seekers to use artificial intelligence to get help with their job search. I hope you’ll check it out. The reason I wrote the article is because recruiters were saying that they can tell when someone is using artificial intelligence (AI) to write their resume.

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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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Do employers have a role to play in overcoming the UK childcare crisis?

Employee Benefits

Employers can offer onsite nurseries , workplace nursery schemes, and subsidised and emergency care provisions to help with childcare. There are a variety of different flexible working options that employers could offer those who are struggling. Support for working parents can help with attraction, retention, skills shortages and diversity, equity and inclusion efforts.

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Game Plan Total Rewards Consulting: We Solve [period].

Game Plan Total Rewards provides strategic consulting and project management services for Total Rewards, HR Operations, and Mental Health programs. From 50 to 50,000+ employees, all industries, we are experienced in working with all sizes and types of organizations and can support globally given our experience in over 30 countries.

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Survey: Consumer Wellness Trends In 2024

Wellable

What’s really on your employees’ wellness wish list? Explore the latest consumer trends to tailor your benefits to the evolving expectations of the workforce. The post Survey: Consumer Wellness Trends In 2024 appeared first on Wellable.

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Why Loneliness in the Workplace Matters

International Foundation of Employee Benefit Plans

National Employee Benefits Day 2024 is coming up on April 2. The theme this year is Creating Community to Combat Loneliness and we’re breaking down the types of loneliness and its impact on workplaces. We’ll be providing various resources on what employers […] The post Why Loneliness in the Workplace Matters appeared first on Word on Benefits.

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Explosion in pet ownership reshaping benefits landscape

Employee Benefit News

Pet insurance and pet-friendly workplaces demonstrate a commitment to supporting the holistic well-being of employees and attract a wider pool of talent.

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Educate Employees to Practice Better Cybersecurity

HR Bartender

Estimated reading time: 4 minutes As you may know, Mr. Bartender and I are fans of the Marvel Cinematic Universe (MCU). Lately, we’ve been getting caught up on older episodes of the show Jessica Jones. One of the episodes we watched recently showed private-investigator Jessica breaking into a morgue to gather information about someone and she needed to access the computer.

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New Report from 3,500+ Employers Confirms Retention is a Top HR Priority in 2024

The first report from Gallagher’s 2024 US Workforce Trends Report Series, includes data from 3,500+ employers who participated in the 2024 US Benefits Strategy & Benchmarking Survey. The report provides benchmarks for benefits, HR and people strategies to help organizations thrive. Organizations continue to rank retention as the top priority for HR, and second highest for operations.

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A third of people say they have experienced a toxic manager

Workplace Insight

A third of employees (33 percent) in the UK have experienced a toxic manager at work in the past five years, and over four in ten (41 percent) have left a job due to their dissatisfaction with management. The findings are from Corndel’s Workplace Training Report 2024 , based on research conducted with 250 HR decision makers at large organisations and 1,000 UK employees.

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Parfitt Cresswell establishes employee ownership trust

Employee Benefits

Law firm Parfitt Cresswell has become employee-owned after transferring a significant interest in the business to an employee ownership trust. Through the employee ownership trust, staff can attain an indirect beneficial interest in the business and can share in its success through the use of tax-free bonuses up to ÂŁ3,600 per employee per year. The firm decided to transfer ownership in order to increase productivity, profitability, competitiveness in the sector, sustainability and staff wellbein

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Study: Sleep Deprivation Raises Diabetes Risk, Even With Healthy Diet

Wellable

Research reveals a link between sleep deprivation and an increased risk of type 2 diabetes. Employers play a big role in supporting employee sleep health. The post Study: Sleep Deprivation Raises Diabetes Risk, Even With Healthy Diet appeared first on Wellable.

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Prescription Drug Plans: Spread Pricing Explainer

International Foundation of Employee Benefit Plans

Lawmakers, employers, consumer groups and other stakeholders have called for more transparency from pharmacy benefit managers (PBMs). Lack of transparency enables PBMs to engage in the practice of spread pricing where PBMs charge health plans more than they pay pharmacies for the […] The post Prescription Drug Plans: Spread Pricing Explainer appeared first on Word on Benefits.

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Create a Culture of Belonging

Ready to boost employee happiness, improve inclusion, and make a positive impact on morale? From fostering cooperation and collaboration to promoting inclusivity and community impact, our checklist covers it all! Create the kind of workplace where employees feel valued, motivated, and invested in your success.

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30 Interview Questions for Managers (With Answers)

BetterUp

Jump to section 3 tips to ace management position interview questions 20 common interview questions for a manager position 10 essential questions for interviewers and hiring managers Lead through your words

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Organizations: Start Thinking About the Connected Customer

HR Bartender

Estimated reading time: 3 minutes One of the conversations that frustrates me is the one about generations. Mainly because a lot of people get the generation conversation wrong. They assume that because you were born in a certain year and fall into a generational date range like Boomer, Gen X, or Millennial that you’re a certain type of person. Granted, some of the conversations about generations are true.

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People want to work in an office some of the time, but don’t like mandates and lack of flexibility

Workplace Insight

More than half (51 percent) of UK workers are in favour of some form of so-called return to office (RTO) policy, but flexibility is key to any office mandated approach, according to a new poll from Owl Labs. The survey suggest that while UK workers recognise some benefits when it comes to mandates – where employees are required to be in the office for a set number of days – they want the flexibility to choose when they work from the office.

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Victoria and Albert Museum looks for David Bowie enthusiasts

Employee Benefits

Credit: Arthur D’Amario III / Shutterstock.com Something for the weekend: The Victoria and Albert Museum (V and A) has begun its search for two cataloguers to help with the David Bowie Archive, which it is in the process of acquiring. If you’re good under pressure and with changes , then this could be the job for you! The successful applicants will work with a lead cataloguer as part of a wider team in the performance, furniture, textiles and fashion department and report to the curator of

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Using an HSA to Save for Health Care in Retirement

Saving for retirement is no easy task, and as an employer we know you want to help your employees get what they need out of their retirement benefits. With a health savings account (HSA), you can relieve the burden of health care costs for both you and your employees. With our new report, “Using an HSA to Save for Health Care in Retirement,” you can get insights on the costs of a modern retirement and dive into the details of the triple-tax benefits HSAs offer.