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

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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.

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Combatting the Effects of Inflation: Keeping Benefits Competitive While Cutting Cost

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.

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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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Unleashing AI in Recruitment: The Ultimate Guide

Discover the power of AI in recruitment with Paycor’s complete guide. Learn how to streamline your hiring process, increase interview pipeline, uncover candidates other tools miss, and save time. Get ready to revolutionize your talent acquisition strategy today!

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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

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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.

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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.

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Time to rethink company swag: 40% of corporate gifts end up in landfills

Employee Benefit News

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HR and Employee Healthcare Reform: Keys to Increasing Employee Wellness and Retention

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.

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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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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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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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How to get employees to head back to their primary care doctors

Employee Benefit News

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Cancel Quiet Quitting: Detoxing Corporate Culture & Engaging Top Talent

Speaker: Jennifer Brick, Career Strategist and Author

Your employees have checked out. The last few years have been a wild ride, with countless changes to how we work and our workplace cultures, like the sudden shift to remote work, the return to office, and trends like quiet quitting. With productivity, profitability, and your employer brand on the line, leadership is turning to HR to engage employees and recreate your culture in different working models.

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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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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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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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4 mistakes companies are making with their workplace culture

Employee Benefit News

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How Can You Aggressively Manage Benefits Affordability?

Speaker: Alex Anderson - Total Rewards Strategist at Lockton Companies | Leo Tokar - President, People Solutions and Partner at Lockton Companies

Benefit cost increases regularly eclipse all other costs for organizations, yet bringing costs down is illusive. Now corporate priorities are swinging from solely a focus on talent to the need to actively manage benefit expenses, but no one wants to reduce benefits or ask employees to pay more. Join two total rewards experts, Alex Anderson and Leo Tokar, for an in-depth discussion on tactics to efficiently and effectively control and manage benefit cost.

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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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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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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.

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Attention all job seekers: Protect yourself from these 7 job scams

Employee Benefit News

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The 5 Types of Hourly Workers: An HR Guide to Recruiting and Retention

All hourly workers want similar things, but when it comes to recruiting & retention, it helps to understand personal motivations. Download Paycor’s guide to learn how to find & keep the 5 types of hourly workers.