Sat.Apr 22, 2023 - Fri.Apr 28, 2023

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Generation 401(k): Why Gen Z workers are saving more for retirement

Employee Benefit News

401(k) 108
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What are employee rewards and recognition programs?

PeopleKeep

We all like to feel appreciated for the work we're doing. Yet, many organizations miss the mark when it comes to recognizing their employees for a job well done. A 2022 Gallup and Workhuman 1 study discovered that 81% of leaders say recognition isn't a priority for their organization. If you fail to praise your talented employees, don't be surprised when they look for work elsewhere.

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Understanding insurance for logistics companies

Higginbotham

Logistics companies play an instrumental role in keeping the supply chain moving by packaging, warehousing and shipping goods. In the process, they encounter numerous risks. Insurance for logistics companies helps keep these risks under control. Risks Facing Logistics Companies A lot can go wrong between Point A and Point B. Companies in the logistics sector need to navigate a wide range of threats stemming from crime, technology and nature.

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What are the perks of buying an electric car through salary sacrifice?

Employee Benefits

We asked Jonathan Watts-Lay, Director, WEALTH at work, about the perks of buying an electric car through salary sacrifice. He comments; “Paying for an electric vehicle through a workplace salary sacrifice scheme can offer considerable tax benefits.Salary sacrifice electric car schemes typically enable employees to lease an electric car and pay for it monthly through pre-tax salary.

Salary 98
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Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.

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Divorce coaching benefits help employees better manage a separation

Employee Benefit News

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Insurance Support for Concessionaire Claims 

InterWest Insurance Services

Using governmental permits for land and property present unique challenges for concessionaires, especially when something happens and an insurance claim needs to be filed. Whether it’s an uninsured claim, a compliance difficulty, or claim in need of further support, here’s some of the most common complexity concessionaires face. Government-Required Insurance As a concessionaire, the government requires you to carry certain types of insurance to protect both your interests.

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UK Employment Rates and Compensation Increases Take Effect

McDermott Will & Emery Employee Benefits

As summer approaches and the clocks are set forward, April marks an increase in the National Minimum Wage, compensation for unfair dismissal and other payments required by UK employment laws. Read more here. The post UK Employment Rates and Compensation Increases Take Effect appeared first on EMPLOYEE BENEFITS BLOG.

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What is employee recognition?

PeopleKeep

Most employers know that good employees are the driving force behind a successful business. When employees deliver their best work, they deserve recognition for their efforts. But recognition is often overlooked or forgotten. A common reason employees quit their jobs is that they don’t receive meaningful recognition for their work 1. Recognition not only helps your employees feel motivated and engaged, but it also lowers turnover.

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How to help employers create financial safety nets for employees

Employee Benefit News

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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.

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Go for the Goal: Insights and Strategies

Money Talk

Goals are a statement of what an individual, family, or organization wants to achieve in the future. Four months into 2023, it is still appropriate to consider setting goals. They are not just for New Year’s Eve. Actions to achieve personal and financial objectives can start at any time. Below are some thoughts about goal setting: Benefits of Goals - Goals provide focus, direction, and motivation (e.g., to cut spending to free up money to invest), provide a “reality test” for dreams, serve as a

401(k) 244
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18 Effective Strategies to Improve Your Communication Skills

BetterUp

Communication skills are some of the most utilized and the most sought after in the workplace. They’re essential for leaders and individual contributors to hone. Looking at our largely remot and hybrid work environments, great communication skills make the difference between connected, agile teams, and teams who fail to collaborate, stay aligned, and achieve common goals.

Utilities 131
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State-focused Sessions at 2023 Capital Summit

PayrollOrg

From March 20-21, the APA will hold the 2023 Capital Summit in Arlington, Virginia. This premier event will include sessions on state payroll topics and the chance to get updates from federal and state agency experts.

Payroll 104
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Which is Preferred?

Florida Workers' Comp

A recent post led me to deeper consideration of the issues surrounding the apportionment of fault. Yes, this has seemingly nothing to do with workers' compensation. And this blog is largely about workers' compensation. But it is also about the law. The recent missive is Comparative Redux (March 2023), which focused on the recent Florida change to Modified Comparative Negligence.

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How to Implement Pay Transparency: A Comprehensive Guide

With pay transparency legislation on the rise globally, it can be difficult for organizations to navigate how to share salary ranges due to administrative complexities, lack of clear job architecture, employee reactions, and more. To help make this process easier, Barley's comprehensive guide shares how to begin implementing pay transparency while staying true to your compensation philosophy.

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Next-Gen HR: Redefining Human Resources for the Future

HR Digest

Human resources (HR) is an essential function of any organization that manages employee-related tasks such as recruitment, compensation, benefits, training, and development. The future of HR is now more complicated than we had thought. The traditional HR model has been focused on administrative tasks and compliance with legal requirements, contrary to the next-gen HR.

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Freepik takes flexible approach to supporting working parents in Spain

Employee Benefits

European technology firm Freepik, which specialises in producing and distributing graphic and audio-visual resources, offers all of its employees with dependent children total flexibility with their time to balance childcare responsibilities with their work. The firm, which has 568 employees located across Spain, UK, Denmark and Colombia, reviews this on a quarterly basis to ensure the support remains relevant and useful.

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4th Annual Global Payroll Titan Award Nominations Close in One Week

PayrollOrg

Nominations for the Global Payroll Management Institute’s (GPMI) 4th Annual Global Payroll Titan Award close on Tuesday, 21 March 2023. The award is intended to identify outstanding global payroll professionals nominated by their own peers in the industry.

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Why blockchain is about compliancy first and technology second

TLNT

Thanks to blockchain – distributed ledgers that comprise records (or blocks) containing information about the previous block – we are all going to see some big changes to benefits technology.

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5 Trends to Help Your Organization Boost Job Satisfaction and Productivity

Treating your workforce as the organization’s top priority improves customer satisfaction and revenue growth and can boost job satisfaction and productivity. Read about five trends that are helping organizations around the country improve their people’s career well-being.

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Retaining Your Best: The Benefits of Conducting Exit Interviews for Employee Retention

HR Digest

Exit interviews are an effective way for companies to gather feedback from departing employees about their experiences with the company. The importance of exit interviews can’t be overemphasized. They can provide valuable insights into the reasons why employees leave as well as highlight areas of the business that need improvement, which is a relevant HR strategy for business success.

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What can the UK learn from childcare policies around the world?

Employee Benefits

Childcare in other developed nations is typically subsidised and invested in by governments to a greater extent than it is in the UK. Looking at childcare provision in other countries , greater investment from government can bring down overall costs for employers to offer working parents more support. Some UK organisations have taken the lead from countries that offer enhanced leave such as Iceland, where equal parental leave is considered the norm.

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California Will Waive Penalties for Employers Affected by Bank Closure

PayrollOrg

The California Employment Development Department has announced that it is waiving penalties for employers that are unable to make payroll deposits timely due to the Silicon Valley Bank failure.

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Best Methods for Attracting and Retaining Talented Employees

Business Management Daily

Finding and retaining top talent is more complex than ever in 2023, and as LinkedIn’s most recent Workplace Learning Report discovered – 93% of companies have growing concerns over employee retention. Why has finding and holding onto talented employees become so complicated? There are a few reasons why, including the significant changes to employee expectations during the pandemic.

Salary 105
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10 HR Metrics to Track in 2024

Discover the power of HR metrics. Master recruiting, control skyrocketing labor costs, and reduce turnover rates. Get insights into key metrics like Time-to-Fill, Cost-per-Hire, and Turnover Rate. Equip your business for success in 2024.

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New Trends in Workplace Benefits: What Employees Want

HR Digest

The job market is constantly evolving, and as a result, the employee benefits regulations that are expected from employers are also changing. Today, employers are under increasing pressure to stay ahead of employee benefits trends and offer a comprehensive range of workplace benefits that cater to the diverse needs of their employees. Employers who can follow the biggest employer benefits trends and offer attractive and relevant benefits to their employees are better positioned to attract and r

401(k) 105
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Cadent accredited as menopause-friendly employer

Employee Benefits

Gas distribution network Cadent has been awarded menopause-friendly accreditation due to its practices that embrace menopause in the workplace. Established by Henpicked: Menopause in the Workplace, the accreditation process assesses employers via an independent panel. Organisations must demonstrate evidence of their effectiveness through their culture, policies and practices, training, engagement , facilities and evaluation.

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How ‘Real-time’ Is Redefining Our Pay

PayrollOrg

As real-time technology continues to evolve, new opportunities for business leaders to improve how they distribute payroll present pathways to improve the lives of their teams. With that in mind, here are a few key trends that will define payroll in the years ahead.

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Experience the wonder of the new issue of IN magazine

Workplace Insight

We learned recently that our website is one of the many that has been used to train Google’s AI, the very thing that would supplant us. We’re not alone in that of course, but we are flattered and appalled to discover we are fairly high up the list, so obviously doing something right as far as Google is concerned. Advertisers and sponsors, please contact us in the usual way.

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Fertility Benefits for Every Age: A HR Roadmap from Gen Z to Baby Boomers

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.