March, 2023

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The 5 most in-demand benefits of 2023

Employee Benefit News

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The Difference Between Employer of Record (EOR) and Professional Employer Organization (PEO)

HR Lineup

In today’s modern workforce, it’s essential for companies to keep up with the latest trends and practices. One of the biggest challenges is managing the employer-employee relationship, and this is where Employer of Record (EOR) and Professional Employer Organization (PEO) services come in. These two services have gained popularity in recent years as more companies are outsourcing their human resource management tasks.

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Family friendly benefits: What’s offered and where there’s still room for improvement

TLNT

Sometimes it’s easy for employers to forget that there’s one thing that unites a good many of their employees: the fact they have children.

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Employers ‘Unwavering’ in Providing Group Health Benefits: Research

InterWest Insurance Services

Large employers are unwavering in their plans to continue offering group health plans to their workers instead of funding individual reimbursement accounts that would allow them to shop for plans on government-run exchanges, according to new research. The poll of 26 health benefits decision-makers at large firms, carried out by The Commonwealth Fund and the Employee Benefits Research Institute (EBRI), found that despite rising premium and health care costs, they felt obligated to offer health in

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Combatting the Effects of Inflation: Keeping Benefits Competitive While Cutting Cost

Speaker: Jaye Johnson, CBP - Employee Benefits and Total Rewards Leader, World at Work Content Author, and Speaker

After years of facing the global pandemic, we are now struggling with a new problem: inflation. No one could have predicted the impact of inflation on employee benefits and how it affects both employees and employers. Employers are now trying to maintain or lower the cost of benefits while competing for talent in a competitive and tight labor market, but the rising costs of consumer goods and healthcare make it extremely difficult to consider increasing their benefit offerings.

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How digital health programs can reduce employer medical costs

Employee Benefit News

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More Trending

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SSA to Change How to Access BSO on March 25

PayrollOrg

On March 25, the Social Security Administration (SSA) is changing how to sign up for and access Business Services Online (BSO) accounts.

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Organizations Need an Artificial Intelligence Strategy

HR Bartender

Estimated reading time: 5 minutes A few years ago, I published an article on “ Everything HR Needs to Know about Artificial Intelligence ”. I hope you’ll check it out. The purpose of the article was to explain what artificial intelligence (AI) is and how it might be used by HR departments. Since then, we continue to see articles about advancements in AI.

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What Is Productivity? Definition and Ways to Improve

BetterUp

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HR Technology Trends: Leveraging Technology to Streamline HR Operations

HR Digest

Human Resources (HR) departments have evolved significantly over the past few years. The introduction of HR technology has revolutionized the way HR departments operate. HR tech has allowed HR teams to streamline their processes, automate tedious tasks, and focus on more strategic initiatives. To this effect, it’s important for HR managers to determine and focus on the technology trends that play a role in HR operations.

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Unleashing AI in Recruitment: The Ultimate Guide

Discover the power of AI in recruitment with Paycor’s complete guide. Learn how to streamline your hiring process, increase interview pipeline, uncover candidates other tools miss, and save time. Get ready to revolutionize your talent acquisition strategy today!

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What happens when a qualifying COBRA event occurs?

Benefit Resource Inc.

An employee terms and you notify your COBRA administrator of the qualifying event. A letter goes out and you are done, right? Well, yes and no. It is important that a COBRA Qualifying Event Notice is: (1) provided to required individuals and (2) contains the appropriate details regarding COBRA coverage and election rights. Who needs to receive a COBRA qualifying event notice?

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Is your small business eligible for the Employee Retention Tax Credit?

Employee Benefit News

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How can employers support parents with babies that need neonatal care?

Employee Benefits

Need to know: The Neonatal Care (Leave and Pay) Bill will allow parents with babies needing neonatal care to take up to 12 weeks paid leave. The Employer with Heart charter is awarded to organisations that have extra provisions in place for employees with babies who are born prematurely. Support such as an employee assistance programme (EAP), flexible-working arrangements and a parent-friendly policy can help to create a culture where employees feel able to ask for help.

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Manage Your Workforce with Better Scheduling

HR Bartender

Estimated reading time: 5 minutes (Editor’s Note: Today’s article is brought to you by our friends at HRdirect , a trusted source for employee-related compliance, administration, and motivation tools. They serve as a one-stop shop to make employee management easier. Enjoy the read!) A few weeks ago, I published an article about the differences between staffing and scheduling.

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HR and Employee Healthcare Reform: Keys to Increasing Employee Wellness and Retention

Speaker: Mallory Herrin, CEO & Principal HR Consultant at HerrinHR

Your employees are your most valuable resource. If you want to retain employees and keep them happy, you want to make the incentives more valuable. With a full-stack employee experience, culture, health, wellness and benefits navigation solution, you can provide employees with the wellbeing support they need. The results? Employees who are happier, healthier, and more engaged, as well as a business that is thriving both internally and externally, every day.

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8 Ways to Empower Employees Through Financial Education

TalentCulture - Employee Benefits

These days, many people are dealing with stress from all kinds of personal financial concerns. This can harm workforce wellbeing — especially when people aren’t sure how to manage these issues or who they can trust for advice. That’s why organizations are increasingly offering workforce financial education. But which strategies are most effective in helping […] The post 8 Ways to Empower Employees Through Financial Education appeared first on TalentCulture.

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Learn How to Start Journaling. It’s a Ritual Worth the Time

BetterUp

Did you know one of the most powerful self-improvement activities is right at your fingertips? No, it’s not working out or having good sleep hygiene (although these are great habits). It’s something even simpler — learning how to start journaling.

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20 Examples of AI in HR You Can Learn From

Darwinbox

What is an example of the use of AI in human resources ? The answer to this question can help improve HR processes and their outcomes. It will also help you make the most of your investment in artificial intelligence in human resource management. This article will explain the top 20 examples of AI in HR and their benefits.

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Creating culture fit for Gen X, Gen Z, millennials and boomers

Employee Benefit News

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Cancel Quiet Quitting: Detoxing Corporate Culture & Engaging Top Talent

Speaker: Jennifer Brick, Career Strategist and Author

Your employees have checked out. The last few years have been a wild ride, with countless changes to how we work and our workplace cultures, like the sudden shift to remote work, the return to office, and trends like quiet quitting. With productivity, profitability, and your employer brand on the line, leadership is turning to HR to engage employees and recreate your culture in different working models.

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39% of pay increases worth 6% or more

Employee Benefits

Around two-fifths (39%) of employees received pay rises worth 6% or more in the three months to January 2023, according to research by Incomes Data Research (IDR). The research organisation analysed 75 pay deals implemented between 1 November 2022 and 31 January 2023, mostly at large organisations and covering more than 500,000 employees. It found that 15% gave employees a pay rise between 5% and 5.9%, 16% awarded increases between 3% and 4.9% and 13% gave rises of between 2% and 2.9%.

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Why progression (not promotion) is the answer to retention

TLNT

Last September, Forbes published an article that not only grabbed my attention but really ought to grab the attention of talent managers everywhere.

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How to conduct a team reset and turbocharge employee morale

Insperity

Are you looking for a surefire way to boost employee morale while strengthening employee engagement with and commitment to your organization? Do you often wonder how to: Set your team members up for happiness and success? Create an environment in which people feel motivated to do their best? If so, have you considered implementing a “reset?” What is a reset?

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Beyond Burnout: Strategies for Managing Employee Stress

HR Digest

Employee stress and burnout are major concerns for businesses and organizations worldwide. In a fast-paced and demanding work environment, employees often face a lot of pressure and expectations, which can lead to stress, anxiety, and eventually burnout. As an employer, it’s important to recognize the signs of stress and burnout in employees and take proactive measures to manage and prevent them.

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Leveling the Playing Field: How HR Can Equitably Improve Health Outcomes Through Fertility Benefits

Speaker: Julie B. Chavez - VP, Strategy & Alliances at Carrot

As HR and total rewards professionals, we are often seeking opportunities to foster a better sense of community and belonging amongst employees - ensuring that all employees have an equitable opportunity to receive fertility treatments is one of the many ways this can be achieved. Fertility benefits make it possible for employees to access treatments like IVF.

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Implicit Bias: What it is and Ways to Reduce it

BetterUp

Jump to section What is implicit bias? Implicit vs explicit bias How does the Implicit Association Test (IAT) work? What are the implications of implicit bias? What can be done about it? Why does it matter?

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California is requiring COVID contact tracing until 2025. Here's how to prioritize privacy

Employee Benefit News

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Suffolk Libraries introduces menopause programme

Employee Benefits

Credit: Chris Lawrence Travel / Shutterstock.com Independent library service charity Suffolk Libraries has launched a ‘Menopause and Me’ programme to help employees experiencing the menopause and perimenopause. Suffolk Libraries partnered with mental health charity Suffolk Mind, which offers a free to access template for implementing a workplace menopause policy, help with creating a menopause-friendly workplace, and support for open conversations on the subject.

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In the ‘soft’ vs ‘hard’ skills debate, soft skills are winning

TLNT

It’s commonplace for experts/commentators to say things are in danger of reaching a ‘tipping point’ – be it the global climate emergency or the breakdown of relationships, or the point at which unhappiness turns into depression.

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Creating Benefits Flexibility Your Employees Will Value

Speaker: Alex Anderson - Total Rewards Strategist at Lockton Companies | Leo Tokar - President, People Solutions and Partner at Lockton Companies

The workforce of today has a completely different perspective on total rewards, and it's time for businesses to adjust to meet their requirements. Employees want more personalization. In fact, the most common inquiry that total rewards experts receive from workers in all fields is how much control they should have over their compensation and benefits.