Sat.Apr 15, 2023 - Fri.Apr 21, 2023

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The how and why of points-based reward systems

Achievers

Every employee wants to feel appreciated, so every organization should strive to provide and encourage recognition as much as possible. But the route to an effective employee reward system can be rather complex. Should your company focus on big-ticket events, like award ceremonies? Offer quality swag? Maybe a focus on covering the cost of team outings or additional training opportunities?

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Benefit brokers court the C-suite to bring cost-cutting change to health plans

Employee Benefit News

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What is a remote work stipend?

PeopleKeep

Allowing employees to work remotely can save employers a fair amount of money on expenses like building rent, supplies, maintenance, utilities, and even relocation costs. However, as more organizations adopt a hybrid or fully remote work environment , they must consider the hidden costs their employees will incur while working from home. While remote work is preferable for many employees today, it does add more financial responsibility to their plates.

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Illinois’ New Paid Leave Law: What Employers Need to Know

McDermott Will & Emery Employee Benefits

The Paid Leave for All Workers Act (PLAWA) was signed into law by Governor J.B. Pritzker on March 13, 2023, ensuring that all workers in Illinois receive 40 hours of paid time off annually for any purpose. The law will become effective on January 1, 2024, requiring employers to utilize the remaining months of 2023 […] The post Illinois’ New Paid Leave Law: What Employers Need to Know appeared first on EMPLOYEE BENEFITS BLOG.

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Creating a Company Culture of Care: Integrating Mental Health, Wellbeing, and DEI in Benefits

Speaker: Sean Raible

Picture a workplace where physiological safety is not just an aim but a reality, driven by thoughtful employee benefits that prioritize mental health, wellbeing, and DEI. 🤔 ✨ Achieving this vision requires more than just occasional training sessions and employee assistance programs. Moving beyond the basics, this vision calls for a holistic approach that integrates these elements into your company culture as well as your HR and benefits strategy.

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It’s Payback Time: How to Handle an Employee Expense Reimbursement in Payroll

Patriot Software

Does this sound familiar? You ask an employee to run a few errands for the office. They end up with a $10.79 coffee shop bill, $56.99 at the office supply store, and $25.28 at a local pizza joint. Sure, you plan to repay them. But how much do you know about employee expense reimbursement?

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Making Your Voluntary Benefits Program a Success

InterWest Insurance Services

Both employers and employees have much to gain from a solid voluntary benefits program. For employees, being able to enroll in an insurance product through a workplace voluntary benefits program offers them the advantage of group pricing, the convenience of paying through payroll deduction, and perhaps access to insurance that would be difficult to get on an individual basis.

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What do benefits look like after a merger or acquisition? Ascensus CHRO recaps her experience

Employee Benefit News

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Which benefits are most important to remote workers?

PeopleKeep

While remote work has been around for a long time, it quickly gained popularity during the COVID-19 pandemic. Either by force or by choice, people found themselves working from home. The adjustment came with growing pains for employers and employees alike. But for some, the flexibility of remote work arrangements won them over for the long haul.

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Can Farmers Ever Afford to Retire?

Money Talk

One of my Money Talk clients is my long-time employer, Rutgers Cooperative Extension. In addition to writing monthly Small Steps to Health and Wealth™ financial messages , I also present online webinars and class segments. I recently presented content for Annie’s Project-NJ ; a program designed to build the skills of women farmers in New Jersey. My segment of their six-week class series was called Can Farmers Ever Afford to Retire?

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New DOL Final Overtime Rules: Quickstart Guide for Employers

There’s a new overtime salary threshold that will impact employers across the country. If you have an employee making less than $43,888 on July 1 or less than $58,656 on January 1, you’re going to have to start paying overtime. Download Paycor’s guide to learn: Which groups of employees are affected? How should you classify employees? Best ways to mitigate risk.

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How to Find the Right Artificial Intelligence Tool for HR

HR Bartender

Estimated reading time: 9 minutes I’ve published a couple of articles lately about the need for organizations to have an artificial intelligence (AI) strategy and how AI can help organizations with employee development. It’s possible that with all the conversation about AI technologies in today’s news, organizations are talking about what AI could mean for their operation and how to get started.

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Building the Skill-Based Organization

HR Digest

In today’s fast-paced and dynamic business environment , organizations must continually adapt to remain competitive. One crucial factor for success is building a skill-based organization that prioritizes skill-based hiring and retention strategies. A skill-based organization is one where the employees possess the necessary skills to perform their tasks effectively and efficiently.

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Work Motivation: What It is and Why It is Important

BetterUp

Think about the last time you procrastinated. Think about the last time you failed to accomplish a task or goal. It could be something like preparing your tax returns or starting to practice meditation. Would you say you didn’t do it because you decided it was not important anymore? Probably not. Most people would recognize that they failed to start or complete the task because they didn’t feel motivated at the time.

IT 119
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What financial wellbeing support should be offered around salary advance schemes?

Employee Benefits

It is important that salary advance schemes are explained properly so that staff fully understand how these operate and the costs involved. Many scheme providers will include financial education and guidance on how best to benefit from the scheme. Having access to data and monitoring usage each month can help identify if employees are repeatedly drawing down on their wages in increasing increments.

Salary 111
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6 Strategies to Navigate Social Determinants of Health for a Better Workplace

In today’s dynamic work landscape, where the lines between personal and professional life blur, understanding the intricate interplay between social determinants of health (SDoH) and emotional wellbeing is paramount. Employers must acknowledge that the whole person comes to work and every aspect of a person’s personal and professional life, especially their mental health, comes with them.

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Template for the job description of a financial controller

Qandle

Qandle is seeking a self-assured and outcome-oriented financial controller , also referred to as a financial comptroller, who can oversee and enhance our financial performance and lead our accounting operations. The role involves overseeing all financial management aspects, including corporate accounting, financial reporting, compliance with regulations, and developing internal control policies and procedures.

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How HR Can Support Mental Health in Remote Work

HR Digest

In recent years, the prevalence of remote work has skyrocketed, with many organizations adopting remote work policies as a response to the COVID-19 pandemic. While this shift has brought about numerous benefits, including more flexible work schedules and reduced commute times, it has also posed significant challenges to the mental health of employees.

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7 Impactful Ways to Design a Team-Based Rewards Program

Vantage Circle

Teamwork is essential for achieving organizational goals and objectives in today's increasingly complex and interconnected workplace. However, while individual performance is frequently rewarded with raises, promotions, and bonuses, team performance is frequently overlooked or undervalued. But team-based rewards can fill that gap for an organization.

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Buyer’s guide to flexible benefits technology

Employee Benefits

What is flexible benefits technology? Earlier in the evolution of employee benefits, organisations would provide a static set of rewards. Although these might change somewhat according to seniority or length of service, there was little in the way of flexibility or tailoring. These benefits would likely be communicated via letters or total reward statements, sent out to staff at certain intervals.

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HR Trends to Watch in 2024 + Plus Advice for Driving Impact!

The pressure is on to create a positive onboarding experience. Plus, a sub-par onboarding process can domino into other concerns such as low performance, burnout (for you and new hires), and retention challenges. Our 2024 State of HR report will give you a realistic picture of the HR landscape and tips to onboarding effectively in the year to come.

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I Got Laid Off Without Warning: Everything You Should Know

BetterUp

Jump to section What does it mean to be laid off? What’s the difference between being laid off and fired? What to expect from a layoff Layoffs with no warning and the federal WARN Act What laws protect me from layoffs? Should I sue my employer?

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Interview Questionnaire For Remote/Virtual Employees

HR Digest

The rise of remote work has led to a shift in the hiring process , with many companies now conducting interviews with prospective employees virtually. However, many hiring managers still require tips for interviewing remote workers. While the process may seem simpler and more convenient, it’s important for employers to create a comprehensive interview questionnaire that addresses key aspects of remote work.

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30 Amazing and Heartwarming Eid Wishes For Employees

Vantage Circle

Eid is a special occasion that calls for expressing gratitude and appreciation for those who impact our lives. However, finding the right words to convey our heartfelt wishes can be challenging, especially regarding employees. Whether you're struggling to find the right message or simply looking for ideas, expressing Eid wishes for employees can be daunting.

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LPA appoints global head of human resources

Employee Benefits

Financial markets software and advisory firm LPA has hired Katrin Becker-Oligmueller (pictured) as global head of human resources to help drive its people agenda and advance its talent strategy. Based in the business’ headquarters in Frankfurt, Germany, Becker-Oligmueller will be responsible for leading its global HR function, including hiring, retaining, training and investing in employees, as well as helping to further drive its commitment to diversity.

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Improving Access To & Utilization Of Cancer Screening With Color

Discover how Color's comprehensive care solution is revolutionizing cancer screening adherence and knowledge. Through an in-depth case study, Color's unique approach to comprehensive cancer care has shown significant benefits in increasing screening rates and enhancing patient knowledge. Participants reported a 2-3x increase in adherence to screening guidelines over just 8 weeks, with 84% of participants increasing their familiarity with timing and frequency of cancer screening.

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AI: Worrying about it is futile, but fear not – it won’t destroy jobs

TLNT

Unless you’ve been in a coma or living under a rock, you’ll have either heard-of or read about the open letter signed by more than a thousand tech leaders including Steve Wozniak, Elon Musk – begging artificial intelligence companies to cease what they’re doing for the next six months.

IT 100
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The Future of HR Technology: Trends and Implications

HR Digest

The world of HR technology is rapidly evolving, and the future looks exciting. With advances in AI, machine learning, and data analytics, HR technology is poised to transform the way we work and manage our workforce. As technology continues to transform every aspect of our lives, it is no surprise that it is also having a significant impact on the field of human resources (HR).

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More than half of UK workers find their office design uninspiring

Workplace Insight

British workers are finding their offices and places of work to be severely lacking in inspiration and innovation, according to a new poll from office design and fit-out firm Claremont. The survey of more than 1,000 office workers across a range of sectors set out to identify the impact of an office on a workforce’s behaviour and how staff need to feel in order to be happy, healthy and productive.

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Personnel Today Awards open for entries

Employee Benefits

The Personnel Today Awards 2023 are now open for entries, as the annual celebration of the very best in HR and learning and development (L&D) launches for its 25th anniversary year. Hosted by our sister brand, Personnel Today, HR and L&D teams, individuals and suppliers are invited to make submissions across 23 categories, including the Reward, Recognition and Benefits Award which highlights organisations that use reward, recognition and benefits in a strategic way, aligned to their thei

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Individual Development Plan Template

There’s no way around it: sometimes employees need your help. Use this free template to clarify expectations, share resources, and set a timeline. Best case scenario, this process helps them improve. Worst case, your great recordkeeping keeps you compliant even if they move on. Download the template today!