March, 2022

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Employee Bonus Alternatives: Are Benefits a Viable Alternative to Cash?

Sodexo Engage

Summary: Do all good employers reward employees with bonuses? What cash bonus alternatives are there? How do benefits help employees? What are the advantages to your business of providing employee benefits? Employee Bonus Alternatives: Are Benefits a Viable Alternative to Cash? Many organisations across the UK believe that the best way to engage and reward their workforce is with employee bonuses.

Bonuses 98
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Employee involvement: The value of increased employee participation

Achievers

The groups you claim membership in shape your life. Families, classes, sports leagues, and, of course, employers are just a few examples. When you consider the groups you enjoyed most, what made them that way? Chances are that, among other factors, they made you feel heard and accepted. You knew your involvement and voice actually mattered. In the workplace, this feeling of employee involvement is critical to building an engaged team.

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Financial Planning Tips for Older Women

Money Talk

I recently taught a 90-minute personal finance class for women age 50+. While preparing for the class and delivering it, I noted some major financial concerns of this demographic group that I am personally part of. This post describes ten things that older women need to consider about personal finance during the second half of their financial life: ¨ Unique Financial Characteristics - Women are more likely than men to have gaps in their employment history and to be more negatively impacted by di

401(k) 360
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Dynamic Teams Create Organizational Agility

HR Bartender

Estimated reading time: 3 minutes. One of the biggest business lessons we’ve learned in the past couple of years is that agility is beneficial for success. Agility is more than simply being flexible. Don’t get me wrong – flexibility is important. I like to think of flexibility in terms of being able to address last minute changes or adjustments. It might be a situation that we knew was within the realm of possibilities, but we just didn’t think it would happen or happen at this particular time.

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The Ultimate 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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Caregiver Fatigue: Causes, Symptoms, and Ways to Cope

BetterUp

Jump to section. Who are the caregivers? Caregiving is as honorable as it is challenging. Do I need support? A checklist. What causes burnout and caregiver fatigue? 6 ways to prevent and manage burnout. Where to turn for help.

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How to recruit employees for small businesses — 8 key tips

Business Management Daily

Running a small business isn’t easy. On top of having to compete with large corporations for customers, small business owners also have to compete for employees. Small businesses often don’t have the budgets that larger corporations or well-funded startups have, so they may not be able to offer the highest salaries or allocate as large of a budget to recruiting efforts.

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Amping up equity for women at work

Achievers

Written by Leanne O’Brien , Senior Brand Marketing Manager and Emily Pearce , Director of Global Customer Care, Achievers. How mentorship, women’s networks, and DEI are contributing to a fair future. Creating a gender-equal world, a world that’s diverse and inclusive enough to have as many women sit at the decision-making table as men in the workplace, takes a great deal of work.

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Inflation Insights and Work-Arounds

Money Talk

A work-around (a.k.a., hack) is a strategy designed to circumvent an “issue” (problem) or challenge. It does not solve the problem or make it go away, but it makes life more manageable and allows people to get things done. Right now, inflation is an issue of concern to many people. Inflation puts upward pressure on prices and makes them rise, leading to a reduction of the purchasing power of a dollar.

Food 276
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We All Need a Little Nudge Now and Then

HR Bartender

Estimated reading time: 5 minutes. (Editor’s Note: Today’s article is brought to you by our friends at Humu , a solutions company that helps managers improve and ensures their teams get results. Be sure to check out their latest State of the Manager report. It’s a great read on how to engage and retain your management team. Enjoy the read!). In the best-selling book “ Nudge: Improving Decisions About Health, Wealth, and Happiness ”, authors Richard Thaler and Cass Sunstein define a nudge as “any

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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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Grey Rocking: What It Is and How To Do It (and when not to)

BetterUp

Jump to section. What is the grey rock method? When to try grey rocking. When to avoid the grey rock method. The risks of grey rocking. How to use the grey rock method. Grey rocking at work.

IT 139
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Talent Assessment Methods to Find the Right Person for the Job

HR Digest

If you’re in a position where you have to choose between several qualified candidates for a job, the correct talent assessment tools can help you identify the best candidate. There are a lot of recruitment tactics out there, but only a few of them are genuinely effective. We’ll go through some of the talent assessment methods that can help you find and keep the top applicants in this article.

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6 tips for employers in an employee’s market

Insperity

It’s one of the biggest challenges for company leaders for the foreseeable future: being an employer in an employee’s market. Post-pandemic, many people are reassessing their priorities and personal goals. Some employees are switching to companies that better align with their preferences, while others are changing careers entirely and starting over fresh.

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82% of young staff want to save for pensions before turning 22

Employee Benefits

New research has revealed that 82% of young employees aged between 18 and 22 believe that individuals in employment should start saving for their pensions and retirement before the current default age of 22. The Pensions Management Institute’s (PMI) findings also highlighted that more than six in 10 (61%) think that all of an employee’s salary should be included for the pension contributions calculation , rather than just that part that is above the current lower threshold of £6,240 per annum.

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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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The Top 10 HR Best Practices for 2022

Darwinbox

Read away to all about the best HR practices that all the winning organizations in the industry religiously put to use, and you just might find some that will benefit your org just the same!

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Remote Employee Reimbursement Rules by State | PeopleKeep

PeopleKeep

When the COVID-19 pandemic forced businesses in the United States to move to remote work, most businesses didn’t have a remote work policy or procedures in place. Everyone learned how to operate in this new environment almost overnight. With employees working from home instead of at the office, employees often had to rely on their own equipment and internet instead of using the employer-provided tools they were used to.

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Emotional Vampires: How to Get Toxic Behavior Out of Your Life

BetterUp

Jump to section. What are emotional vampires? 5 types of emotional vampires. 8 signs of an emotional vampire. How do you deal with an emotional vampire?

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5 Key Lessons from the HR Industry in 2022

HR Digest

There is no doubt that the COVID-19 pandemic-led workplace transformation has hugely impacted HR policies across the globe. The HR industry in 2022 is seeing a dramatic shift, with HR professionals playing a crucial role in maintaining employee engagement, health, and productivity during these challenging times. . There is a lot that the pandemic has taught the business community that is sure to have a huge impact in the future.

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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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The 3 C’s of a successful leadership development training program

Insperity

A leadership development training program is a goal of many businesses, but what exactly does it include? What should it include? How can it be successful? The benefits of an in-house leadership development training program are worth figuring out the answers to those questions. A successful program can increase productivity , nurture and retain talent , improve employee engagement and enhance your employer brand in ways that may help attract new staff members.

Utilities 120
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Wiltshire Hills Municipal Collections staff strike over pay

Employee Benefits

Workers employed by waste services organisation Hills Municipal Collections in Wiltshire have begun a two week-long strike as part of a campaign to achieve a pay rise. The organisation initially offered staff a 2% increase which was then amended to 7% over two years. However, affected employees believe that in practice it would only amount to a 3.5% rise for each of the two years, whereas a 7% augmentation each year would help them with the cost of living increases.

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Everything you Need to Know about HR Shared Services

Darwinbox

HR shared services help HR teams provide their services to employees more expediently. The focus here is on ensuring that the operational aspect of HR is at optimum levels, meaning each function works at maximum efficiency. It aims to ensure the entire HR department is effective and that employees get the best service possible.

IT 106
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63 Powerful Hard Work Quotes That'll Change Your Life

Vantage Circle

If you're wondering why you should read a bunch of "hard work quotes," here's what you need to know. To put it simply, hard work is the action of putting in efforts— day in and day out— to achieve a certain goal. But, because we are humans, it is all too easy to forget why we are sitting at home and working while others are out having fun.

Education 105
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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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Agile project management: A straightforward guide

BetterUp

Jump to section. What is agile project management? Agile vs. waterfall project management. What are the 4 core values of agile project management? What are the 12 principles of agile project management? Benefits of agile project management. Agile project management methodologies. How to implement agile project management.

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What are the basics of a people strategy?

HR Digest

Irrespective of the size of an organization, people are its biggest asset and the success or failure depends on how this asset is utilized. Focusing on the basics of people strategy, companies and organizations can boost their strength, agility and innovation to better prepare for an ever-changing environment. . It is important to have a system and process in place that can provide each employee a positive experience at the same time ensuring the structure and governance.

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Discussion On How Employee Engagement Coincides With Employee Experience

Qandle

Employee experienc e (EX) and employee engagement (EE) are well-known components of a culture-first HR approach. These phrases are on the minds of those in positions of power, and they make for popular hashtags. However, the more they’re discussed, the more they appear to be used interchangeably. Employee engagement and employee experience are not synonymous.

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Top tips for moving staff to a four-day working week

Employee Benefits

Nearly a third (31%) of UK workers are actively looking for a four-day work week in 2022 or have already agreed to one with their current employer, according to research published by productivity platform ClickUp in January. With fierce competition in the market for talent many employers have already obliged, with the likes of component supplier Accu, insurer iGO4 and data migration provider Wandisco recently announcing plans to move staff to a condensed working week.

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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.