Sat.Apr 23, 2022 - Fri.Apr 29, 2022

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Five Challenges Paid Time Off Could Help Solve

International Foundation of Employee Benefit Plans

In 2022, employees expect their benefits to address flexibility as much as they expect health and retirement benefits. Many employers are starting to realize that flexibility will affect the future. Read more > The post Five Challenges Paid Time Off Could Help Solve appeared first on Word on Benefits.

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Gen Z, Millennials Grow Disillusioned with Their Health Insurance

InterWest Insurance Services

Surprise bills and billing errors are driving growing dissatisfaction among Millennials and Gen Zers with their health insurance, a new study has found. HealthCare.com ‘s “2022 Medical Debt Survey” found that about one in four Gen Zers and Millennials with medical debt skipped rent or mortgage payments because of their debt. That’s compared with 21% for Gen Xers and 12% for baby boomers.

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Sweeping Changes Coming to Employer-Funded 401(k) Plans

Griffin Benefits

Historically speaking, retirees have typically relied on three primary tools to help them prepare for retirement: pension plans, Social Security, and defined contribution plans, like 401(k) plans. That’s no longer the case. Pension plans are virtually non-existent, falling from nearly half of private sector participation in the mid-1980s to less than 15% today.

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12 virtual employee appreciation ideas for recognizing remote workers

Achievers

At this point, there’s no denying that remote work is part of our new normal. For many employees, that is a relief. They can spend more time with their families and less time commuting. They can set aside time for deep work without the inevitable interruptions that come with an in-office day. And they can make themselves truly comfortable wherever they decide to get the job done.

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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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Miscellaneous Nuggets From Conferences Past

Money Talk

I was recently cleaning out some of my files and threw out some old conference programs from the early 2010s. Before I did, I reviewed notes that I had taken looking for some “timeless nuggets” that are still relevant in 2022. Below are ten conference insights that stood out to me as still being relevant a decade later: Future Mindedness - Things appear “closer” than they otherwise are if clarity is forced upon people.

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HR Service Delivery Helps Improve the Employee Experience

HR Bartender

Estimated reading time: 5 minutes. (Editor’s Note: Today’s article is brought to you by our friends at Neocase , a provider of cloud solutions for HR transformation. For 20 years, Neocase has been offering solutions to improve the employee experience. They recently announced a new Employee Journey solution that provides a customizable complete onboarding to offboarding experience.

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How you can boost employee experience in a flexible working world  

LACE Partners

Our latest blog looks at how organisations can design their flexible working policies to create positive experiences for employees. If you’d like to talk to us about how you differentiate your people experiences , we can help, so get in touch using the contact form below. . Your employees won’t be happy all the time and you shouldn’t expect them to be.

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Why Emotional Intelligence Is the Key to Successful Leadership

HR Digest

Leaders have a significant role in the economic world. While great leaders can benefit an organization in a number of different ways, unsuccessful leaders can be damaging. Emotional intelligence has been proposed as a factor in determining whether or not a leader is effective. Here we look at the relationship between emotional intelligence and leadership effectiveness.

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Is Gamification an Effective Employee Motivator? | BerniePortal

BerniePortal

Gamification has become one of the more popular methods of enhancing the employee experience within the modern workplace. It has been marketed as a system to increase employee engagement and productivity while also boosting employee satisfaction. But what exactly is gamification? And what impact can it have on your organization? Continue reading to learn all of the details.

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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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British Council for Offices honour London’s best workplaces at annual Regional Awards

Workplace Insight

Six London workplaces have been recognised at the annual British Council for Offices’ (BCO) Regional Awards. The London Awards Lunch returned in-person to the London Hilton on Park Lane, recognising the highest quality developments in London and setting the standard for excellence in the office sector across the UK. The winning workplaces include: 80 Charlotte Street (Commercial Workplace); Plumtree Court, 25 Shoe Lane (Corporate Workplace); Dojo, The Brunel Building, 2 Canalside Walk (Fi

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95 Best Mother’s Day Quotes To Celebrate Women At Work

Vantage Circle

Mother’s day is observed and celebrated every first Sunday of May, and this year it is on 8 May 2022. And you’ve come here to witness the best mother’s day quotes to celebrate working mother’s in your workplace. It is time to admire and recognize the working mothers and their sacrifices to reach this far in their respective careers.

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A comparison of popular HRA administrators

PeopleKeep

Health reimbursement arrangements (HRA) have gained traction with employers across the country because they’re flexible, easy to implement, and customizable. But the key to any successful HRA lies in its administration, including compliance, management, and privacy rules. HRA administrators help organizations facilitate their HRA according to Internal Revenue Service (IRS) regulations so they can have an employee health benefit without the headache.

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What is an FSA? | BerniePortal

BerniePortal

During open enrollment , employers often offer fringe benefits like FSAs and HSAs, which can help employees save significantly on qualified medical expenses not covered by their health insurance. So, here’s what you need to know about FSAs, including how they differ from HSAs.

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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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15+ Answers to Why Do You Want to Work Here

HR Digest

“Why do you want to work here?” is a popular interview question for job candidates. Sometimes the interviewer may also ask questions like “What makes you want to work for us?” to evaluate whether you have researched the company and to determine if your values align with the company’s culture. “Why do you want to work here?” is often used as a qualifying question to confirm that the candidate is a “good match” for the company.

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A third of workers think their jobs are at risk from automation

Workplace Insight

A new poll claims that one in three (37 percent) employees consider their current job to be at risk from automation and digital transformation. HR software provider CIPHR has compiled a list of the occupations that are the most and least likely to be replaced by technology or machines, based on the results of a survey of more than 1,000 UK workers: www.ciphr.com/jobs-at-risk-from-automation.

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What is Indirect Compensation? | PeopleKeep

PeopleKeep

When it comes to attracting and retaining employees , offering a competitive salary sometimes isn’t enough. Employees increasingly desire added benefits and perks thanks to a tight labor market, growing inflation, and decreased consumer confidence in the economy. Offering indirect compensation such as employee benefits is an excellent way to attract top talent and improve the productivity of your current employees.

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How Does Disability Insurance Work? | BerniePortal

BerniePortal

Employers often offer ancillary benefits like disability insurance as part of the enrollment process , but unlike health coverage , not all employees will need ancillary benefits. So, what is disability insurance? Here’s what you need to know, including the difference between short- and long-term disability coverage.

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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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Why you should have an open-door policy

BetterUp

Jump to section. What is an open-door policy in the workplace? What is the purpose of an open-door policy and what are the benefits? The cost of having an open-door policy workplace. How to create an open-door policy. Open-door policy workplace examples. Is our policy working properly? The bottom line.

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Demand for office space ‘bounces back’

Workplace Insight

The start of 2022 saw a jump in new tenants looking to rent UK commercial property, with the uplift particularly prevalent in prime office space. Investor enquiries across all UK commercial property also continued to rise, according to the RICS Commercial Property Market Survey, Q1 2022. Respondents to the survey saw a notable increase in UK office demand in Q1 2022 with the net balance improving to +30 percent from a flat picture at the end of 2021.

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AssuredPartners Announces Acquisition of Alscott, Inc.

AssuredPartners

Missouri Insurance Company Joins National Broker. LAKE MARY, FL – April 25, 2022 – AssuredPartners, Inc. is pleased to announce that Alscott, Inc. (Alscott) of Lee's Summit, Missouri has joined AssuredPartners. The team of five will remain under the current operational leadership of David Salavitch. The agency currently reports $2 million in annualized revenues.

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Bureau Recommends 7.6% Workers’ Comp Rate Hike

InterWest Insurance Services

California’s Workers’ Compensation Insurance Rating Bureau is recommending that benchmark workers’ compensation rates for all class codes in the state increase an average of 7.6%. The proposal comes as the economy heats up and, typically during times of growth, workplace injuries also increase. The recommendation, if approved by the state insurance commissioner, would apply to all workers’ comp policies incepting on or after Sept. 1, 2022, though each insurance company has the

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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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3 strategies for managing and reducing stress in the workplace

Sodexo Engage

Summary: What do we mean by ‘workplace stress’? What causes stress in the workplace? Signs that your employees may be stressed. What are the financial and health impacts of stress in the workplace? How can employers reduce stress at work? 3 strategies to consider. Ready to reduce stress in your organisation? 3 strategies for managing and reducing stress in the workplace.

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The studied carelessness of agile workplaces

Workplace Insight

In recent years we have grown very fond of borrowing foreign words to describe some of the more difficult to express ideas about wellbeing and the new era of agile, experiential and engaging work. We’ve adopted Eudaimonia from the Ancient Greek of Aristotle to describe the nuances of wellbeing, happiness and purpose. We went nuts briefly for the Scandinavian idea of hygge to describe a copy and laid-back approach to life that we felt we’d been lacking.

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Avoiding Pitfalls in Planning a Return-To-Work Process

AssuredPartners

Return-to-work (RTW) is a complex process and understanding it is a valuable tool in an employer’s belt. The process assists the employer with showing employees how they are valued by planning for alternative solutions that will benefit the injured worker financially and psychologically. Thoughtfully executed RTW programs will plan for worst-case scenarios that provide resources for managers to utilize while meeting the needs of the most restricted worker.

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How Can HR Make Better Decisions In Difficult Situations?

BerniePortal

HR is subjected to difficult decisions daily that require quick thinking. Because of this influx of judgment calls, HR must follow all necessary steps to ensure they consistently make the best decision for their organization. Continue reading to learn how you can remain prepared for the various questions you are sure to receive each day.

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The Definitive Guide to Onboarding for 2024

Hiring a new employee is an expensive and time-consuming process. According to the Society for Human Resource Management (SHRM), it typically costs $4,425 to hire a new employee — not to mention the 36 days the average team spends trying to fill a position. Yet nearly 1 in 5 employees (16%) of employees quit in their first week — and 17% leave after the first month.