May, 2022

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Building a compelling employee value proposition (EVP)

Achievers

Employers everywhere are familiar with the Great Resignation. The elevated quit rate among employees that began in 2021 is affecting organizations across industries. The Great Resignation is partially a response to the opportunity the pandemic gave employees to evaluate their job and its effect on their personal well-being, together with the new power employees have in a tight labor market.

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In a Benefits Plan Far, Far Away

International Foundation of Employee Benefit Plans

Over the past several years, May 4 has skyrocketed in popularity as Star Wars Day—as in, “May the Fourth be with you.” In honor of May the Fourth, we thought it. Read more > The post In a Benefits Plan Far, Far Away appeared first on Word on Benefits.

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Frugal Spending Tips for Your Next Road Trip

Money Talk

This post is excepted from an article that I wrote for my brother Michael's website about preparing for a road trip during these challenging financial times with rising food, gas, and travel expenses. My brother Michael, a professional photographer and avid motorcyclist, started the website Roadcraft USA to share his passion for beautiful scenery and fun and interesting road trips, especially the two-wheeled kind.

Food 276
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Another Long-COVID View

Florida Workers' Comp

WCRI presented a Long COVID seminar on May 3, 2022. This provided an excellent overview of the challenges of the health effect of the recent pandemic and infections. The presentation in some specifics echoed the program presented recently by the American College of Occupational and Environmental Medicine (ACOEM). That is overviewed in Long COVID Seminar (April 2022).

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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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5 Leadership Qualities to Start Practicing Today

HR Bartender

Estimated reading time: 3 minutes. We’ve published a few articles about digital transformation over the years. It’s an important concept and organizations are going to spend more resources adding and improving technology in their business operations. But as organizations add technology, they might need to change the way the people side of the business operates.

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9 top qualities of a good employee

Achievers

You know a good employee when you interact with one. They excel daily, make peers feel accepted, come up with new ideas, and take on new challenges. If all your employees were like them, your company would be on the fast track to success. How can you find great employees? HR professionals must work with leadership to answer this question by identifying the key traits to look for in potential team members.

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5 ways you can help employees prepare for retirement

Business Management Daily

Retirement security, or insecurity, has caught the eye of Labor Secretary Marty Walsh. He’s right. Fewer employees are covered by traditionally defined benefit plans. DB plans are retirement plans. The plan sponsor, most likely the employer, bears all the investment risk and pays you a fixed amount every month until you die. It’s a good deal, if you can get it.

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Ten Tax Planning Tips for 2022

Money Talk

Now that 2021 income tax season has been over for a month and the dust has settled, it is time to start some serious tax planning for 2022. Planning now provides seven months to take action and/or implement changes to avoid a stressful “tax scramble” at the end of the year. In an earlier blog post , I described 12 tax planning topics for 2022. In this post, I continue the conversation with ten tax planning tips for 2022 (in no particular order) for readers to consider: ¨ Plan for Tax Benefits Th

Taxes 260
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7 Amazing Employee Wellness Ideas to Boost Morale

HR Digest

Find out what employee wellness ideas you can implement to ensure your employees have a safer, productive return to work. Employee wellbeing isn’t a new concept, but it has taken on a whole new meaning since the Covid-19 pandemic. Employee wellness initiatives are now higher up on the agenda — particularly mental well-being activities and programs — as more employers closely scrutinize how effectively they look after their employees.

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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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Strategic Compliance: Wage Garnishment Risk Avoidance

HR Bartender

Estimated reading time: 6 minutes. (Editor’s Note: Today’s article is brought to you by our friends at ADP , a comprehensive global provider of cloud-based human capital management solutions. Industry analyst firm Nelson Hall recently identified ADP as a leader in both the small and medium business as well as mid to large market segments. Congrats to them!

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A Day to Reflect

Florida Workers' Comp

There is plenty in our national conscious at any moment. We pause though to remember that we have much because so many fell in protecting our freedom, our lives, and our world. The news headlines this morning are largely focused on much that has importance. There was a tragic Texas shooting that is consuming much of American attention; there is ample attention on the response thereto and some amazing stories of survival.

Food 104
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Talent development: Definition, importance, and strategies

Achievers

Talent development is a unique business process that benefits both employees and organizations. By fueling employee growth and organizational success, it’s a true win-win proposition. Exceptional talent development programs don’t develop overnight, but with a focus on defined goals and strong two-way communication, they’re within the reach of every company.

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8 Ways to Support Employees With Mental Health Challenges

International Foundation of Employee Benefit Plans

As Mental Health Awareness Month (in the U.S.) continues, we’re sharing strategies and approaches to help leaders respond to employees with mental illness in a psychologically safe way. When employees have. Read more > The post 8 Ways to Support Employees With Mental Health Challenges appeared first on Word on Benefits.

Education 125
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The Essential 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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Social Media 101: Tips From a Recent Seminar

Money Talk

Earlier this year, I taught a class called Social Media 101 to introduce older adults to the basics of three frequently used social media platforms: Twitter, Facebook, and LinkedIn. Below is a summary of the class content: Positive and Negative Effects - Social media is a lot like credit cards. If used responsibly, there are positive impacts: convenient purchases and money-saving rewards points (credit cards) and education, collaboration, and community building (social media).

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Financial Wellness Programs That Keep Employees’ Paychecks in Check

HR Digest

1. What is financial wellness in the workplace? 2. How can financial wellness programs help employees? 3. What are the best financial wellness activities? Financial wellness programs can help ensure that your employees are more productive and efficient at work. These kinds of programs are designed to provide more job stability and savings options. Employees are more stressed about their finances in a post-COVID world, and they require reassurance regarding benefits and financial possibilities.

Finance 121
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What is Company Culture and How Do You Develop It?

BetterUp

Jump to section. What is company culture? Why is company culture important? How company culture impacts employees. What does a healthy company culture look like? Steps to develop company culture. How to evaluate company culture. How to improve company culture. Examples of companies with great organizational culture.

IT 119
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5 Best Ways To Celebrate International HR Day In 2022

Vantage Circle

If the 2020 remote work experience taught the corporate world anything, it was the value of an HR team in keeping a company running smoothly. So, as an organization, if you aren't celebrating International HR Day yet, we highly recommend that you start incorporating this tradition into your work culture. But, first of all: Why Is International Human Resources Day Celebrated?

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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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6 ways to get your leadership team excited about company culture

Insperity

Company culture can be an ambiguous idea until it’s put into action. So how does that happen? Leadership. When your employees regularly witness a strong connection between leadership and culture, they’ll believe and buy into your organizational values. Leaders must champion culture, yet our leadership and culture both evolve over time. How can you ensure that this progress happens in unison – that over the years your leadership team continues to mirror your culture and speak its language to the

Health 112
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The Next Big Thing: How Employers Can Prepare

International Foundation of Employee Benefit Plans

In early April, the International Foundation hosted the webcast Innovation and the Future of Remote/Hybrid Work. We were lucky enough to bring in Alex Willis, chief executive officer at Leadership. Read more > The post The Next Big Thing: How Employers Can Prepare appeared first on Word on Benefits.

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Sixth Circuit Rejects Arbitration for Proposed Fiduciary Breach Class Action

Proskauer's Employee Benefits & Executive Compensa

The Sixth Circuit, in a matter of first impression for that Circuit, held an arbitration clause contained in an individual employment agreement did not apply to ERISA fiduciary breach claims brought on behalf of a defined contribution plan. The case is Hawkins et al. v. Cintas Corp. , No. 21-2156, __ F.4th __, 2022 WL 1236954 (6th Cir. 2022). Plaintiffs, former Cintas Corp. employees, sued the company and its investment committee under Section 502(a)(2) of ERISA on behalf of its 401(k) plan, al

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Flexible Work Hours or Remote Work: What Are Employees Choosing in 2022

HR Digest

Flexible work hours and remote work will be more in demand in 2022. Employees, on the other hand, have a choice in terms of how they work. They now have more freedom to select between the two possibilities, which leads to increased job satisfaction and productivity. Let’s look at the benefits of both flexible work hours and remote work. Why is flexibility important in work?

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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.

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Why Is Friendship Important in Life? Here’s Why

BetterUp

Jump to section. Why is friendship important? 10 benefits of friendship. 3 common obstacles to making friends and how to overcome them. Social media and friendship. 5 tips to strengthen your friendships. How to know when it's time to let a friendship go.

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10 Ideas To Make Mental Health Support More Accessible For Employees

TalentCulture - Employee Benefits

What are some ideas to make mental health support more accessible to employees? This question was posed to a group of talented professionals for their insights. From offering mental health […]. The post 10 Ideas To Make Mental Health Support More Accessible For Employees appeared first on TalentCulture.

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Is your leadership on the defense? 8 strategies to build trust in the workplace

Insperity

If misunderstandings and interpersonal issues are fuel to the fire that is conflict in the workplace, what can be used to put out the flame? Or what could have been done to prevent the fire in the first place? Before answering those questions, ask: How did the fire begin? Typically, these type of relationship fires begin because of one missing element: trust.

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Five Steps to Reducing Mental Health Stigma at Your Workplace

International Foundation of Employee Benefit Plans

Stigma can be one of the greatest barriers to psychological health and safety in the workplace, especially for employees with mental health issues such as depression or anxiety. Eliminating stigma. Read more > The post Five Steps to Reducing Mental Health Stigma at Your Workplace appeared first on Word on Benefits.

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Bridging the Gap: The Intersection of DEI Initiatives and Employee Benefits

Speaker: Jaye Johnson, CBP

Unlock the secrets to transforming your organization’s employee benefits into a strategic tool for Diversity, Equity, and Inclusion (DEI). During this informative session, we will discuss common pitfalls in traditional benefits and then delve into the essence of DEI in employee-centric benefit offerings. This involves not only defining DEI in the workplace but also understanding the pivotal role that employee benefits play in fostering a diverse and inclusive environment.