Sat.Jul 16, 2022 - Fri.Jul 22, 2022

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How to Implement Financial Wellbeing Initiatives That Drive Engagement

Sodexo Engage

Summary: What is financial wellbeing and why is it important for employees? How does financial wellbeing affect engagement at work? How do you decide which financial initiatives to implement? Contact the experts to discuss a financial wellbeing programme. How to Implement Financial Wellbeing Initiatives That Drive Engagement. Money worries are one of the biggest drivers of stress in UK adults, and in the current economic climate this is more true than ever before.

IT 52
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To win the war for talent, employers need to fix what's driving employees away

Employee Benefit News

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Inflation-Fighting Ideas: Round Two

Money Talk

Almost a year ago, in August 2021, I wrote a blog post for the OneOp Personal Finance team about inflation-fighting ideas for military families. At that time, many experts predicted that inflation would be “transitory” and subside quickly as supply chain “issues” related to the pandemic got resolved. The post included inflation-fighting ideas such as lower-cost product substitutions, time-shifting, and changing habits such as consolidating errands and turning down the thermostat.

Finance 242
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Servant Leadership: Definition Plus Benefits and Drawbacks

BetterUp

Jump to section. What is servant leadership? 10 principles of servant leadership. 7 characteristics of servant leadership. Servant leadership vs. traditional leadership. What does servant leadership look like in practice? Pros and cons of servant leadership. How to become a "servant first" leader.

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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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Let’s unpack it: What’s an inclusive workplace?

Insperity

Diversity and inclusion are important topics for business leaders to be not only familiar with but actively incorporating into their organizational culture. In action, this can look like prioritizing the hiring and promotion of diverse groups of people within your company, which can make you a stronger organization. So, where does inclusion come into the equation?

IT 103

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A New Demand for Workplace Wellness Programs As Employees Struggle

International Foundation of Employee Benefit Plans

Workers faced new or heightened challenges to their physical, mental and financial well-being over the COVID-19 pandemic, and many of those challenges are still lingering. Workplace wellness benefits were forced. Read more > The post A New Demand for Workplace Wellness Programs As Employees Struggle appeared first on Word on Benefits.

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How External Feedback Can Enhance Your Performance Management Process

BetterUp

Jump to section. Why requesting feedback from external parties you work with is so important. How to streamline the process of external feedback. Start gathering external feedback.

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7 Keys to improve your hiring process.

Professionals Alternative

Companies can use their business brand to communicate to customers through their managers, especially when the brand presence is worldwide. The principal motive to have an employer brand is to differentiate you… “The main goal of working, nurturing and growing your business brand is to define what makes you unique” A strong business brand shows employees are happy and connected, which results in a great holistic experience and a great reputation.

Media 98
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M&A in your future? You need an Employee Benefits Audit.

CorpStrat

The recent trend of mergers and acquisition of closely held businesses is on the minds of so many business owners these days. Virtually unlimited sources of Venture Capital coupled with inflation, rising overhead expenses, and the great resignation has made pursuing exit strategies increasingly attractive. A thorough employee benefit review is critical for every company, but particularly those that are considering entering and preparing for any M&A activity.

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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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Importance of Educating Gen Z Workers on Benefits

InterWest Insurance Services

It always takes more time than usual to onboard new employees — particularly ones who are new to the workforce altogether — to your employee benefits plans. Keep in mind that the ritual of choosing a benefits package is a brand-new experience for people who are new to the workforce, and you should prepare to educate new employees on how to effectively choose and use their new coverages, as well as all the details like premiums, deductibles and out-of-pocket expenses.

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Social Capital: How Building Relationships Boosts Retention

BetterUp

Jump to section. What is social capital? Where did the concept of social capital come from? Why is building social capital at work important? Key benefits of social capital for organizations. 3 types of social capital. How to invest in social capital.

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How you can facilitate asynchronous work

PeopleKeep

Many employers with remote and distributed teams have begun looking for ways to empower their employees and promote collaboration amongst teams as they work in different physical spaces and, in some cases, in different time zones. This phenomenon, known as asynchronous work, is often seen as the key to reaching this goal. But what exactly does “asynchronous” mean, and how can you achieve it?

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Importance of Autonomy At Work

HR Digest

Autonomy at work is the clear opposite of micromanagement —the absolute difference. It is the culture of allowing workers to do as they please at their set time when handling tasks. Job a utonomy in the workplace doesn’t mean that employees won’t take their jobs seriously, rather, they are just given the free will to carry out the task on their own time. .

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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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ManhattanLife now Offering BernieBill

BerniePortal

BerniePortal , the all-in-one HRIS for small and mid-sized businesses, announced today that leading supplemental health insurance provider ManhattanLife is now offering BernieBill , creating a streamlined benefits experience for users.

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Sixth Circuit Upholds Dismissal of Some Investment Fee and Performance Claims But Allows Mutual Fund Share Class Claim to Proceed to Discovery

Proskauer's Employee Benefits & Executive Compensa

The Sixth Circuit recently issued a mixed opinion in a 401(k) plan investment litigation. The Court upheld the dismissal of the plaintiffs’ fiduciary-breach claims relating to the investment management fees and performance of several of the plan’s investment options, but reinstated a claim for breach of fiduciary duty based solely on the plan fiduciaries’ alleged failure to offer less expensive “institutional” share classes of mutual funds.

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How to conduct a great remote interview

PeopleKeep

After the outbreak of the COVID-19 pandemic in 2020, many organizations shifted to virtual interviews to follow social distancing guidelines. But, as remote work has gained popularity, video interviews appear to be here to stay. According to a 2021 HireVue 1 survey, 41% of hiring managers planned to use a combination of regular in-person interviews and video interviews.

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The Hidden Cost of Meetings

HR Digest

Having countless meetings could seem like no harm, but the truth is there is. There’s a hidden cost of meetings that no one seems to know. . Instead of employees focusing fully on work and managers guiding the process of work, they are all constantly going in and out of meetings. What is the meeting for? Well, there are a lot of reasons for a company to have meetings.

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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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State Supreme Court to Weigh In on ‘Take-Home’ COVID Case

InterWest Insurance Services

The California State Supreme Court will take up a case to decide whether an employer can be sued for liability when a worker contracts COVID-19 at work and then passes it on to a family member. The 9 th U.S. District Court of Appeal asked that state’s high court clarify if California’s Workers’ Compensation Act bars a claim against an employer by a spouse who became seriously ill after contracting COVID-19 from her husband, who had caught it at work.

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Public Confidence

Florida Workers' Comp

In December 2021, NBC News posted an investigative report article " Robed in secrecy: How judges accused of misconduct can dodge public scrutiny." It is an interesting read, and perhaps brings perspective to the challenges of society in comprehending the role of judges. It certainly brings perspective judges need in appreciating the potential for society to have perceptions of this profession, role, and its challenges.

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8 HR KPIs to measure in a post-pandemic workplace

Insperity

Many Human resources (HR) key performance indicators (KPIs) have proven useful to track and measure consistently year over year. However, the last few years – dominated by the COVID-19 pandemic and social and cultural unrest – have changed the workplace in fundamental ways. This has pushed specific HR KPIs to the forefront in importance and significance.

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All about Hawthorne Effect in Management

HR Digest

Have you heard about the Hawthorne effect before? It seems like it’s actually a real thing. The Hawthorne effect is a term used to describe the improvement in employees’ productivity that lasts temporarily. If you’ve been in that situation where your employees throughout a certain week seem so productive and the next week, they are back to their usual selves, you might have experienced the Hawthorne effect in management.

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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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Most Americans live paycheck-to-paycheck. Here’s how employers can help

Best Money Moves

Most Americans live paycheck-to-paycheck. Here’s how employers can help. With inflation the highest it’s been since the 1980s, more and more families are living paycheck-to-paycheck. What can employers do to help their teams? Inflation has caused food, gas and housing prices to skyrocket. Between May 2021 and May 2022, inflation hit 8.6% — the highest increase since December 1981, according to the Bureau of Labor Statistics — and economists are unsure when prices may fall.

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Too Sick to Commute?

Florida Workers' Comp

Recently, in Been Robbed (June 2022), I noted some avenues of dissatisfaction with the strictures of the common workday. Although labor has lobbied and pressured for various accommodations in the past, such as the eight hour work day, breaks, and a lunch period, there is a new generation on the scene and some of them at least are expressing frustration with some aspects of the modern workday.

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Complex Patchwork of Laws Await Companies Offering Out-of-State Abortion Travel

McDermott Will & Emery Employee Benefits

Employers seeking to provide their employees with abortion services are facing a dizzying patchwork of laws that differ from state to state, according to this Corporate Counsel article. McDermott’s Sarah Raaii said companies with employees in multiple states “would really need to do a state-by-state analysis of what the abortion laws are, whether and under […].

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Forget “hiring better” – what about “onboarding better”?

TLNT

Put yourself – if you will – in the shoes of a person on their first day of a new job.

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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.