Employee Benefits

MAY 29, 2023

Employee benefits are an important aspect of any job, but can be overlooked when thinking about changing roles. Depending on those on offer, benefits can be just as valuable as a pay rise , and in some cases, even more valuable. It is quite natural for us to focus on salary. After all, we all need to make a living. However, benefits are an important aspect of any offering from an organisation, as good benefits can provide security, flexibility, and peace of mind, contributing to a more positive

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HR Digest

MAY 25, 2023

The deeply embedded generational norms and cultural taboo of sharing salaries are being eroded as a new wave of pay transparency rules inundated America’s workplace problems. At the beginning of 2023, Washington, New York, and California joined Colorado’s leaders in preparing for salary transparency for most open jobs. This article discerns the contours of workplace problems and equity challenges that have long been shrouded in the garb of pay.

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InterWest Insurance Services

MAY 11, 2023

American workers are more stressed than ever coming out of the pandemic, and an increasing number of people are also struggling with mental health issues. Sadly, the number of people dying from drugs, alcohol and suicide hit record levels in 2022. When someone is battling addiction or has mental health issues, it affects all aspects of their life, including work.

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Employee Benefits

MAY 31, 2023

What are group dental plans? Dental plans are a type of insurance or cash plan that specifically cater for oral health, helping staff afford regular dentist visits for preventative and routine care, such as accident and emergency cover, crowns, implants and fillings, as well as larger issues such as treatment for oral cancer. Dental cover can either be provided in the form of traditional insurance, where staff can make a claim for the diagnosis and treatment of conditions that develop after taki

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Advertiser: Paycor

According to Forbes, employees who feel listened to show a 64% longer commitment to tasks. And that’s just for starters. Learn how emotionally intelligent leaders drive business results. Download Paycor’s guide for the full story.

Employee Benefits

MAY 10, 2023

Communicating the value of group risk products and the areas in which they protect staff is key. Group risk schemes often offer added services that can further support staff. Early intervention can increase return-to-work rates following a long-term health issue , so it is key to communicate who staff can contact and when. Group risk benefits can help employees deal with many conditions, but employers should consider how best to promote them in order to support those with long-term health issues

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APA Congress Today

MAY 17, 2023

PayrollOrg (PAYO) and Wisely® by ADP joined forces during the 41st Annual Payroll Congress to provide payroll professionals with payroll education packages.

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Employee Benefits

MAY 3, 2023

Launched in 2010 as the first new high street bank in more than 100 years, Metro Bank now employs nearly 4,500 people across the UK. To show its support for employees going through separation, it signed up to the Positive Parenting Alliance’s HR Initiative when it was launched in January 2023. Khushboo Patel, head of engagement and inclusion at Metro Bank, says: “Our colleagues are at the heart of what we do and we want them to feel supported whatever they are going through in their lives.

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HR Digest

MAY 4, 2023

Remote work has been a growing trend for several years, but the COVID-19 pandemic accelerated this trend significantly. The sudden shift to remote work forced many companies to adapt quickly to a new way of working, and the results have been mixed. Some companies have found that remote work can be highly effective, while others have struggled with the challenges of managing remote teams.

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Proskauer's Employee Benefits & Executive Compensa

MAY 26, 2023

In Central States v. Wingra , No. 21-cv-3684, 2023 WL 199360 (N.D. Ill. Jan. 17, 2023), the district court held that an employer expelled from a multiemployer pension plan may not owe withdrawal liability because the permanent cessation of the employer’s obligation to contribute was not voluntary. While the court subsequently limited the decision as being for discovery purposes only ( see Central States v.

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Speaker: Lauri Armstrong, SHRM-SCP - Sr. Director, People Operations at Carrot Fertility

Today’s workforce includes multiple generations of employees all looking for something different from their benefits package. While meeting these disparate needs can be challenging, a comprehensive fertility benefit can support everyone from junior staffers learning about their fertility health to senior leadership managing menopause and low testosterone symptoms.

Benefits Package

Money Talk

MAY 31, 2023

As I noted in a previous post , I periodically summarize notes taken from various webinars that I think might be useful to others. Below are seven information tidbits that caught my eye: Defensive Investing- Financial markets were volatile in 2022 and, for a while, “there was no (good) place to hide.” Stocks and cryptocurrencies experienced big drops in value, bond prices decreased when interest rates rose, and cash assets were eroded by high inflation.

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Business Management Daily

MAY 3, 2023

Poor communication in the workplace can happen at any and every level. Regardless of whether it involves top brass or a brand-new hire, the result is often an undesirable mess. But what does poor communication look like? Many people might explain it differently, yet we typically recognize it when we see it. In order to improve communication , it’s necessary to understand what poor communication skills look like and their negative impact on the workplace.

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BetterUp

MAY 25, 2023

Feeling like all you do is work? You’re not alone. Several statistics show that more than 60 percent of U.S. employees feel like their work-life balance is out of whack. But how do you balance your work-life with so much work happening at home? And how do you balance your workload to be more efficient? Is it more than just hitting a weekly yoga class ?

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Genesis HR Solutions

MAY 10, 2023

We’ve talked about the importance of an employee handbook from our perspective, but we thought it would be interesting to hear directly from CEOs, business owners, and HR managers about how employee handbooks have made a difference at their companies. Check out their perspectives below—you’ll likely find something that surprises you! Unfortunately, most employers don’t have a handbook that thoroughly addresses the processes and activities of their employees.

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Employment

HR Digest

MAY 30, 2023

According to a study, one in five people in the US experiences a hostile work environment. So, what are the signs of a hostile work environment and if you are suspecting that there’s something wrong with the workplace, then you will want to deal with a hostile work place as soon as possible, to prevent it altogether in the future, before employees become irreversibly unproductive or go down the legal road.

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Employee Benefits

MAY 10, 2023

Recruitment firm Gi Group offers group risk products to support its employees experiencing a range of health conditions that affect both their mental and physical health. The group, which employs more than 650 members of staff, offers life assurance at four times employees’ basic salary from day one of employment, critical illness insurance, a health cash plan and private medical insurance, through which employees can access a 24/7 GP.

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Money Talk

MAY 24, 2023

I recently attended a virtual conference sponsored by FERMA , which included dozens of sessions about topics of interest to personal finance educators and researchers. Below is a summary of new and/or useful information that caught my attention: Fast Fashion - Key characteristics are short production and distribution lead times, highly fashionable product design through continuous trend spotting, and a sense of urgency and scarcity so consumers make frequent purchases.

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Proskauer's Employee Benefits & Executive Compensa

MAY 12, 2023

A recent Seventh Circuit decision affirms the principle that an ERISA severance plan can reserve to the employer discretion over who is eligible for severance benefits. The case is Carlson v. Northrop Grumman Severance Plan , No. 22-1764, __ F.4th __, 2023 WL 3299703 (7th Cir. May 8, 2023). The case involved former Northrop Grumman employees who were laid off in 2012 and claimed a right to severance under Northrop Grumman’s severance plan.

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Speaker: Hayley Doran - Chief Growth Officer, Group Benefits Humana | John Lahr, OD, FAAO - Medical Director EyeMed | John Yamamoto, DDS, MPH - Director of Clinical Innovations at Humana

Discover how to unlock the power of early childhood dental and vision care to boost children’s health and employee satisfaction. As employees negotiate benefits - either as new recruits into a company or for retention purposes - oral and vision care for employees and their families is becoming an increasingly common request. Benefit providers are fielding more and more questions from HR leaders on how to offer flexible benefits and convenient access to oral and vision care for children and famil

Health

Business Management Daily

MAY 30, 2023

People do not always agree. This simple statement holds true in all types of environments, including workplaces. But since decisions need to be made, involved parties must find ways to resolve conflicts. They also must keep in mind that how matters get settled impacts relationships. Individuals often handle conflict resolution in ways consistent with their personalities and past experiences.

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TLNT

MAY 11, 2023

In most workplaces today, it has (quite rightly) become the accepted norm that there can be no room for certain types of conflict – that is anything which constitutes bullying, or any conflict which borders on being discriminatory or that resembles harassment.

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HR Digest

MAY 12, 2023

You may ask what exactly “ at-will employment” is. You are definitely not alone in thinking so, many people do not know the definition of at-will employment, or the legalities of the same, despite most of the employment relationship in U.S. are “at-will” except when you have a contractual agreement. At-will employment, simply defined as “an employer can fire an employee at any time for almost any reason without any legal liability.

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Employee Benefits

MAY 24, 2023

Manchester-headquartered logistics services business Cardinal Global Logistics has transitioned to an employee ownership model to mark 25 years in business. The business, which employs more than 400 employees, aimed to create an environment where every member of staff has the same opportunity to become a partner in its democratisation model, sharing in the profits it generates each year.

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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.

Employee Benefits

Money Talk

MAY 11, 2023

I recently attended three webinars related to retirement planning. One discussed required minimum distribution (RMD) rules, the second, retirement planning in general, and the third, the FIRE ( F inancial I ndependence, R etire E arly) movement. Below are eight key take-aways from these programs: Simple RMD Description - The IRS wants their cut of your retirement savings that they have been waiting to take for decades.

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Proskauer's Employee Benefits & Executive Compensa

MAY 4, 2023

A third district court has dismissed with prejudice a complaint alleging that defendants breached their fiduciary duties under ERISA by offering 401(k) plan participants the option to invest in BlackRock LifePath Index Target Date Funds (the “Funds”). Beldock v. Microsoft , Case No. 22-cv-1082 (W.D. Wash. Apr. 24, 2023). Although the outcome of the court’s ruling here is consistent with earlier decisions, the rationale underlying the Beldock decision arguably goes further than in prior rulings

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HR Lineup

MAY 16, 2023

In today’s fast-paced and noisy world, it is becoming increasingly important for organizations to foster a culture of quiet thriving in the workplace. While extroversion and outspokenness are often celebrated and encouraged, it is equally important to create an environment that values introverts and recognizes the power of quiet and reflection.

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Business Management Daily

MAY 23, 2023

In 2022, the city of Chicago added bystander intervention training to its workplace training requirement. Chicago companies must provide one hour of bystander intervention training annually for their employees. Some places, including New York City, already include bystander training as a component of sexual harassment prevention training. Chicago became the first to make it a separate requirement, but there’s no reason to think it will stop at Chicago.

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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.

Employee Wellness