March, 2024

article thumbnail

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.

article thumbnail

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.

105
105
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

IT 105
article thumbnail

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.

article thumbnail

Testing Innovations in Cancer: How to evaluate and use new technologies

Amidst rising cancer prevalence and soaring costs, new cancer technologies and innovations are emerging to support the early detection, treatment, and surveillance of cancer. Read this guide to understand how to evaluate these solutions for your employees and members – and to learn more about the current state of coverage, clinical and cost effectiveness, and impact on quality and outcomes.

article thumbnail

Personal and Professional Uses of Generative AI

Money Talk

I recently co-taught a webinar for one of my clients about professional uses of artificial intelligence (AI) platforms such as ChatGPT. Below are eight highlights from my webinar presentation and some advice to get started: Previous Experience - Most people have had some experience with AI through word processing software, online searches, online pop-up ads, AI-enabled “smart home” features, and virtual assistants such as Alexa, Siri, and Cortana.

Finance 197

More Trending

article thumbnail

Transparency Is an Important Part of the Employee Experience

HR Bartender

Estimated reading time: 4 minutes I saw this headline recently on CNBC – “ Over half of employees have no idea how their companies are using AI ”. We know AI (artificial intelligence) is a regular headline in today’s news. This article shared the results of a survey that said: Companies estimate that 70% of their workforce will use AI by 2028. 75% of employees would be more excited about AI if the company was more transparent about how the technology is being used. 54% of employees have no idea

Health 171
article thumbnail

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.

article thumbnail

Poor mental health in the workplace cost UK economy £102 billion in 2023

Employee Benefits

Poor mental health in the workplace cost the UK economy £102 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 £26 billion was lost to the UK economy from employees taking sick days last year, and a further £57.4 billion from workers being less productive due to work-related mental health conditions.

article thumbnail

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.

article thumbnail

Recognition Powers High-Performance — If You Do it Right

Speaker: Debra Squyres

Employee recognition has often been deemed a "feel-good" initiative, tied closely to rewards. While we understand its importance, we tend to associate recognition with intangible outcomes like engagement and sentiment, rather than direct impacts on retention and high performance. In today’s workplace, the true ROI of recognition lies in its ability to regenerate tangible, business-driven results.

article thumbnail

HHS Publishes New Rights of Conscience Final Rule

McDermott Will & Emery Employee Benefits

On January 11, 2024, the US Department of Health and Human Services (HHS) published its new final rule governing federal healthcare conscience protection statutes. The 2024 final rule, which went into effect March 11, 2024, repeals the majority of the prior final rule from 2019 that was found to be unlawful by three federal courts […] The post HHS Publishes New Rights of Conscience Final Rule appeared first on EMPLOYEE BENEFITS BLOG.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

Food 119
article thumbnail

Why Every Small Business Needs an HCM Solution: A Comprehensive Guide

Managing HR tasks like payroll, compliance, and employee data can overwhelm small businesses. That’s where a Human Capital Management (HCM) solution comes in. Our eBook, Why Every Small Business Needs an HCM Solution: A Comprehensive Guide , shows how an HCM system automates tedious processes, ensuring your business stays compliant and efficient. You’ll learn how to simplify payroll, eliminate costly errors, and empower your employees with self-service tools.

article thumbnail

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.

article thumbnail

The 4 Best Benefits in 2024, According to Employees

Best Money Moves

The 4 best benefits in 2024, according to employees. Your benefits choices go a long way toward attracting the right employees. Here are the 4 best benefits in 2024, according to employees. A holistic benefits strategy is one of the most important factors that job-seekers consider when deciding where to work. In fact, according to Forbes Advisor , 40% of employers believe that workers would leave their current jobs to find employment that offers better benefits.

article thumbnail

Pending Oregon Law Undermines Traditional Physician Practice Structure

McDermott Will & Emery Employee Benefits

In an apparent attempt to shield physician practices from perceived abuses of close association with physician practice management (PPM) companies, a pending Oregon law could undermine a broad range of structures and transactions between physicians and laypersons, including loans, real estate leases, practice sales, national virtual care platforms, investor sponsored practice roll-ups and payor-provider joint […] The post Pending Oregon Law Undermines Traditional Physician Practice Structu

article thumbnail

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.

article thumbnail

From Payroll Pains to Growth Gains: Streamlining Payroll & HR for Success

Speaker: Joe Sharpe and James Carlson

In the world of small business management, the challenge of managing payroll & HR efficiently while scaling operations can be overwhelming. Yet, with the right strategies in place, these challenges can become opportunities for growth and innovation. In this session, Joe Sharpe, Senior Director of Managed Payroll Services at IRIS, will reveal practical methods and expert insights for outsourcing and streamlining payroll processes, resulting in substantial time and resource savings.

article thumbnail

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.

Education 157
article thumbnail

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.

article thumbnail

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 £3,600 per employee per year. The firm decided to transfer ownership in order to increase productivity, profitability, competitiveness in the sector, sustainability and staff wellbein

Bonuses 111
article thumbnail

What is an eligible employee (EE)?

PeopleKeep

There are often different eligibility requirements for employee benefits like health insurance , retirement plans, and paid time off (PTO). Employers and employees need to have a clear understanding of what constitutes an eligible employee and the requirements to qualify for specific benefits. In this article, we'll cover what an EE is and what the requirements are for different types of benefits.

PTO 102
article thumbnail

Plant the Seed for Successful Onboarding!

Our Free Welcome Email Templates (designed for both in-office or virtual employees) are ready for you to customize and use to plant the seeds of success for new team members.

article thumbnail

How Pending Fishing Boat Cases at the Supreme Court Could Rock the Benefits Plan Boat

McDermott Will & Emery Employee Benefits

If the US Supreme Court strikes down the established doctrine of significant judicial deference to certain government agency interpretations in two upcoming fishing boat cases, this decision could have ripple effects on employee benefit plan sponsors and fiduciaries. Such a decision would rock the boat and create more uncertainty in administering employee benefits.

article thumbnail

How Many Steps Do We Really Need: A Scientific Review

Wellable

Is 10,000 steps really the golden number for optimal health? Discover how you can achieve significant health benefits with fewer steps than you might think. The post How Many Steps Do We Really Need: A Scientific Review appeared first on Wellable.

105
105
article thumbnail

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.

article thumbnail

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.

article thumbnail

How to Increase Diversity in Your Workforce Through AI Technology

Diversity and inclusion are crucial for building a strong and innovative workforce. Discover how AI technology can revolutionize your hiring process and drive diversity in your organization. Explore over 10 ways AI recruiting tools can help you identify a wider pool of candidates, enhance communication strategies, and eliminate unconscious bias. Embrace the future of recruitment and create a more diverse and inclusive workplace with AI technology.