PeopleKeep
NOVEMBER 15, 2023
Healthcare costs continue to rise , making it increasingly difficult for people to find affordable coverage. In response to this, catastrophic health plans have emerged as an alternative option for those who are relatively healthy and primarily seeking coverage in case of major medical events.
Wellable
NOVEMBER 1, 2023
With low job satisfaction rates across generations, tailored benefits emerge as a solution to appeal to a multi-generational workforce. The post Adapting Benefits For A Multi-Generational Workforce appeared first on Wellable.
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Employee Benefits
NOVEMBER 20, 2023
Credit: Julia Sudnitskaya / Shuuterstock.com A total reward statement provides an overview of an employment package and its value. Offering choice regarding how a total reward statement is delivered to an employee is key to ensuring effective engagement. A personalised benefits package can help to engage employees with their benefits because it is specifically relevant to them.
Employee Benefit News
NOVEMBER 2, 2023
By capturing employee attention with popular benefits, employers can piggyback communication about the most valuable enhancements for their workforce.
Advertiser: Paycor
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!
Employee Benefits
NOVEMBER 21, 2023
Approximately two-fifths (42%) of employers plan to reduce flexibility or offer less of this to their employees in 2024, according to research by Barnett Waddingham. The independent consultancy, which surveyed 302 HR directors and C-suite professionals, found that this could see as many as 588,000 employers planning to offer reduced flexibility to working arrangements.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
HR Bartender
NOVEMBER 7, 2023
Estimated reading time: 3 minutes I’d like to think that most, if not all, of us would answer the question “Is it okay for job seekers to get help with their job search?” with the answer “yes”. We encourage job seekers to reach out to their networks when they’re looking for new opportunities. We encourage them to speak with mentors and coaches about how to share their strengths during interviews.
Workplace Insight
NOVEMBER 29, 2023
Over the past week or so, this image has gone viral on social media. It is of a group of Bauhaus design students from around 1927. They are called Martha Erps, Katt Both and Ruth Hellos. The full image (reproduced below) shows them with legendary office furniture designer Marcel Breuer, who Erps would later marry. The story of the photograph can be found here.
HR Digest
NOVEMBER 27, 2023
The term 360-degree feedback has gained global popularity with reports from Forbes indicating that more than 85 percent of Fortune 500 companies use 360 feedback to review their employees regularly. A 360-degree appraisal system provides an elaborate set of criteria to evaluate an employee. The evaluation report is a compilation of feedback from managers, peers, and juniors.
Employee Benefit News
NOVEMBER 30, 2023
Baby boomers may be wealthier, but millennials have benefited from a number of retirement reforms, new research shows — and they still have more time to save.
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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.
Employee Benefits
NOVEMBER 22, 2023
An employment tribunal has ruled that stress can be considered disability without a formal mental health diagnosis from a doctor. At a preliminary hearing to discuss a case brought against Aneurin Bevan University Local Health Board, the tribunal panel in Cardiff found that claimant Mrs Phillips could be considered disabled under the Equality Act 2010.
Business Management Daily
NOVEMBER 6, 2023
Think back to elementary school for a moment. Remember some kids who would roll their eyes at assigned tasks they did not like? Or maybe they interrupted the teacher while she talked, refused to listen when she asked them to sit down, or called her names like “stupid” behind her back (or even to her face)? Fortunately, people generally develop better ways of expressing themselves as they mature.
HR Bartender
NOVEMBER 12, 2023
Estimated reading time: 4 minutes I’ve mentioned a few times recently about projects that might be perfect for the end of the year and thought it would be good to expand on the idea. When I worked in a corporate office, I often worked during the final two weeks of the year. At first, because I had to. Everyone else had more seniority and vacation time.
Workplace Insight
NOVEMBER 6, 2023
Corporate culture has fundamentally changed since the pandemic and with it, so has the way employees interact with the office. This has put leaders under pressure to create experiences for employees that complement, and in some ways even compete with, the comforts of home. Organisations now understand the immense potential for sustainable, inclusive office design, and people-centric real estate strategies to drive positive change and fuel growth.
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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.
HR Digest
NOVEMBER 20, 2023
Among reports of increasing job dissatisfaction and high employee attrition rates, many companies are caught wondering how to recruit top talent and retain top talent as well. While many are able to attract effective workers with hefty packages, not everyone can convince employees to stay either. Pew Research Center found that 43 percent of young workers have stayed with their employees for over three years, but on the other hand, 40 percent have spent less than 12 months with their employers.
Employee Benefit News
NOVEMBER 21, 2023
As the need for mental health continues to grow, public figures have long fought to shake off stigma.
Employee Benefits
NOVEMBER 20, 2023
More than two thirds (69%) of women have had a negative experience at work due to menstruation symptoms , according to research by the Chartered Institute of Personnel and Development (CIPD). The professional body for HR and people development’s report Menstruation and support at work , which surveyed more than 2,000 women, found that the most common reported symptoms include abdominal cramps (60%), irritability (52%), fatigue (49%) and bloating (49%).
Business Management Daily
NOVEMBER 15, 2023
Most managers understand the importance of providing timely feedback to their direct reports, but it’s important to remember that feedback isn’t just for employees, Effective leaders also welcome and request constructive feedback. Receiving actionable feedback from your peers and direct reports is a great way to aid your own professional development as a manager.
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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.
Proskauer's Employee Benefits & Executive Compensa
NOVEMBER 30, 2023
The Second Circuit recently held that in order to state a claim for a prohibited transaction pursuant to ERISA section 406(a)(1)(C), it is not enough to allege that a fiduciary caused the plan to compensate a service provider for its services. Instead, “the complaint must plausibly allege that the services were unnecessary or involved unreasonable compensation.
Workplace Insight
NOVEMBER 29, 2023
According to a new market intelligence report , the worldwide flexible workspace market could exceed between 35 and 50 billion US dollars by 2030, reflecting the growing demand for flexible and agile work environments. The report claims that the escalating demand for flexible workspaces is on the rise, propelled by a heightened desire for convenience and comfort in prime locations such as offices and auditoriums.
Wellable
NOVEMBER 28, 2023
93% of workers value well-being as much as salary. Organizations must rethink what drives job satisfaction to attract and retain top talent. The post Study: 93% Of Workers Value Well-Being As Much As Salary appeared first on Wellable.
HR Digest
NOVEMBER 28, 2023
We are slowly witnessing the resurgence of Human Resource Management, with companies actively investigating how HR teams can contribute to business growth. For years, HR teams have largely been delegated to admin tasks and rote hiring activities, but there are innumerable ways by which HR can contribute to business success. HR strategies for business growth focus on the hiring and retention of the right talent, but they can also involve active participation in key business decisions by bringing
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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.
Employee Benefits
NOVEMBER 13, 2023
Rescue helicopter/Jaromir Chalabala/ Shutterstock Need to know: Pre-assignment risk assessments and briefings can help an expatriate employee feel as prepared as a local if a natural disaster happens. Security risk management firms can support employees with information and support if they are affected by a natural disaster. Employers should check what is included in an evacuation and repatriation service because some only offer it when an employee needs medical attention.
Business Management Daily
NOVEMBER 28, 2023
There is a short list of things for which nearly everyone strives. When you put that list in terms of our work, success and career, productivity is one of those desirable outcomes. When something is both important and desirable, you would think we would have a clear picture of it. Instead, there are tons (far more than seven) of myths about what productivity is and how to achieve it.
Best Money Moves
NOVEMBER 7, 2023
5 surprising statistics about the state of employee financial wellness. Economic uncertainty has reshaped how employees think about their benefits. Here are key insights into the state of employee financial wellness. Economic uncertainty throughout the past few years has reshaped how employees think about their benefits. In their 2023 Workplace Benefits Report , Bank of America surveyed 800+ American workers, examining the success of their benefits programs.
Workplace Insight
NOVEMBER 26, 2023
The ongoing advancements in technology have made remote collaboration more feasible and seamless than ever before. Collaboration tools have become essential in ensuring the coexistence of the digital and physical workplace, both internally with employees and externally with clients. And in 2023, companies have been posting hybrid working related roles in record numbers, according to a new report from GlobalData.
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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.
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