Sat.Mar 30, 2024 - Fri.Apr 05, 2024

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Almost 3 out of 10 Americans have no retirement savings

Employee Benefit News

The retirement crisis looms larger than ever as new research shows how many U.S. adults have no long-term savings.

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What are level-funded health benefits?

PeopleKeep

Small to medium-sized businesses (SMBs) often look for creative alternatives to traditional health insurance to offer their employees an affordable and comprehensive health benefit. One option some employers may consider is a level-funded health plan. While you may be unfamiliar with level-funded health plans, they aren’t a new concept. Because of their fixed price and potential cost savings, they’ve become popular for employers with limited healthcare budgets.

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National Employee Benefits Day Is April 2—How You Can Celebrate

International Foundation of Employee Benefit Plans

National Employee Benefits Day is April 2. For 2024 the focus is on how workplaces can create community to combat loneliness and foster belonging. Get resources in today's blog. The post National Employee Benefits Day Is April 2—How You Can Celebrate appeared first on Word on Benefits.

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10 Project Management Interview Questions (and their Answers)

BetterUp

Jump to section 3 tips for nailing a project manager job interview 10 project management interview questions Get specific on project manager interview questions

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4-Week Roadmap for New Hires

Nearly one-quarter of employees (23%) admit they’ve cried within the first week! Give new hires a positive start with this four-week onboarding roadmap. This schedule outlines all the turns, detours, and speedbumps new hires can expect in their first month. We’ve included suggestions for each week to help you make your new employees’ highway to success an easy road.

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More is Better?

Florida Workers' Comp

There was a great hue and cry in recent years about "steps." I came across it at a national conference when I observed someone wearing a wristband step counter. I inquired. "ten thousand steps a day, gotta have em," I was impressed by the number and asked about the reason for it. The answer was two parts elusive mixed with on part ambiguous and stirred carefully with a reference to "a study.

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Highlights of Recent Webinars: First Quarter 2024

Money Talk

Every quarter, I like to review and summarize my notes from webinars I attended during the last three months. Below are some interesting tidbits from recent programs that I attended: Future Self Thinking - Many people often think of their “future self” (who they will be decades in the future) as a stranger. As a result, they don’t think about the consequences of doing something now because their actions are affecting another person rather than themselves personally.

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Virtual meetings can boost wellbeing and performance

Workplace Insight

Virtual meetings – often derided as impersonal and prone to technical glitches – can improve employee wellbeing and performance, a new study led by a Trinity Business School researcher has found. The research, conducted alongside Karin S. Moser (UniDistance Suisse, University of Queensland), Stefan Diestel (University of Wuppertal) and Isaac Alshaikh (South East Technological University Waterford), conducted during the ongoing shift to hybrid work environments and just published in the Journal o

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XPO Logistics enhances maternity benefits

Employee Benefits

XPO Logistics, a provider of sustainable end-to-end logistics solutions across Europe, has enhanced its maternity benefits for soon-to-be and new parents based in the UK. After two years’ service, employees will be entitled to the first six weeks of maternity leave paid at 90% of their weekly average earnings, with the following 20 weeks paid at 80% of their basic pay and allowances, including statutory maternity pay.

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Financial Literacy Month: What Makes a Great Financial Literacy Strategy?

Best Money Moves

Financial Literacy Month: Fundamentals of Financial Literacy. A quality benefits strategy should include financial literacy tools to better support employees. April is Financial Literacy Month, which recognizes the role that financial education plays in a person’s long-term success and stability. Without the right education, your employees are much more susceptible to financial hardship.

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Webinar Explores Strategies to Revolutionize Workforce Management

PayrollOrg

Sponsored by rapid!, this free webinar for members “How Payroll and HR Can Rescue Your Company’s Bottom Line,” on April 10 at 1:00 p.m. ET explores strategies and techniques to revolutionize workforce management and enhance your company’s financial health.

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How to Make The Best Benefits Decisions for 2025's Workforce: An HR and Total Rewards Guide

Speaker: Kaitlin Ruby Carroll

Fertility benefits have become a crucial component of employee well-being and retention strategies. In today’s competitive landscape, creating a fertility benefits program that aligns with both employee needs and organizational goals can be more complex than it seems. From cycle-based to flat-dollar and telehealth models, each solution offers unique advantages and challenges that directly affect employee satisfaction and financial well-being.

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A just in time lesson about office design

Workplace Insight

The nascent years of new ways of working in the late 80s and early 90s coincided with a widely held but soon to be discarded belief that the Japanese had cracked management practices. So it was perhaps inevitable that the principles of a process called just in time manufacturing – most famously applied in the factories of Toyota – should migrate to new forms of office design and the rapidly developing practice of flexible working.

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Exclusive: 76% of UK employers measure impact of supporting staff health

Employee Benefits

More than three-quarters (76%) of employers measure the impact of supporting the health and wellbeing of their staff, according to research by Group Risk Development (Grid). The industry body for the group risk sector, which surveyed 500 HR decision-makers, found this is an increase on the 51% of respondents which measured this impact in 2023. Almost all (99%) respondents that measure this believe that supporting the health and wellbeing of their staff has a positive impact on their business.

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California Imposes New Workplace Violence Prevention Mandate

McDermott Will & Emery Employee Benefits

On September 30, 2023, California Governor Gavin Newsom signed SB 553 into law, creating a new layer to California employers’ existing injury and illness prevention programs (IIPP). Under SB 553, employers are required to implement a workplace violence prevention plan (WVPP) no later than July 1, 2024, to provide training to employees regarding the WVPP […] The post California Imposes New Workplace Violence Prevention Mandate appeared first on EMPLOYEE BENEFITS BLOG.

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Compliance TV: IRS Announces 2024 Foreign High-Cost Locations; IRS Grants Waivers for 2023 Foreign Exclusion Requirement; and more

PayrollOrg

In this April 2024 edition of Compliance TV: IRS announces 2024 foreign high-cost locations; IRS grants waivers for 2023 foreign exclusion requirement; and more.

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Reduce Bias in Hiring: Structured Interview Questions for Employers

Structured interview questions are a valuable tool for reducing bias in hiring. They help: Ensure all candidates are asked the same questions in the same way Level the playing field so all candidates have a fair chance of being successful Improve credibility, reliability, and validity Download the guide to get the most out of your interview questions!

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Business leaders and employees are not on the same page when it comes to productivity

Workplace Insight

A new poll of 2,000 people suggests that while 90 percent of business leaders think their performance management process is a success, only 55 percent of employees agree with them. According to the State of Performance Enablement report from Betterworks, there are significant disconnects between how organisational leaders and their employees and managers view their ability to perform optimally and maximise productivity.

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Exclusive: Baker Hughes and EasyJet shortlisted for Best benefits communications

Employee Benefits

Energy technology firm Baker Hughes and airline operator EasyJet have been shortlisted in the Best benefits communications – large employer category at the Employee Benefits Awards 2024. The award was created to recognise the most effective benefits communications strategy for employers with more than 1,500 full-time staff. Successful entrants will have demonstrated an effective and innovative approach to benefits communications.

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McKinsey’s 9 Months Pay Leave Offer Extends Support for Finding a New Job

HR Digest

Having to leave an organization you enjoy working for is never a great feeling but being on the receiving end of McKinsey’s 9-month pay leave offer does help to soften the blow. Marking a tough time in the consulting industry, McKinsey’s staff exit offer details how employees can continue to look for alternate sources of employment while still being able to support themselves and use the company’s resources to transition in their careers.

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8 ways to help support workplace health and well-being

Employee Benefit News

Benefit brokers and advisers play a key role in bridging the gap between leadership intentions and implementing health and well-being cultures in the workplace.

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The Diversity Reckoning: Can HR Survive Without New Perspectives?

Speaker: Jeremy York

2024 has tested every organization, and 2025 promises no less - the warning signs are everywhere. If you’re relying on superficial approaches to diversity, you might find yourself scrambling to catch up. Thought diversity - the fuel for new ideas, fresh perspectives, and disruptive innovation - is more than a buzzword. It's a survival strategy. And if you’re not building it into your workplace culture right now , you’re heading for trouble.

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Flexible working rights stand to benefit millions of people

Workplace Insight

From today (April 6th 2024), UK employees will have the legal right to request flexible working from their first day in a new job. Under the updated regulations, employers must engage in discussions with employees and consider alternative solutions before declining a flexible working request. Decisions on applications must now be made within two months, reducing the previous timeframe of three months, which includes any appeals.

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"A, B, C, D, E, F, G."

Florida Workers' Comp

Back in the day, remember SARS-CoV-2? We went home for Spring Break 2020 and before it was over the Universities had all told us "STAY AWAY! We did the shift, the pivot, the switch. I went to video for teaching. We went to video for trials. We shifted mediation to telephonic. It was a tumultuous time. I later wrote Little Black Boxes (December 2021) riffing on the old Mellencamp tune Little Pink Houses.

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Blog: The Two Sides of Sales Management: Concrete vs. Abstract

3Sixty Insights

The sales and marketing technology industry has exploded with software, apps and consultants with one overarching goal: equipping sales teams for success. Yet with so many tools and education on their uses available, why do some sales reps crush their numbers, while others continue to struggle or fail? Shouldn’t the plethora of solutions and guidance on their applications ensure that leadership is equipped to help every rep meet their goals?

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Rudeness and AI resumes: Recruiters share what disqualifies candidates from getting hired

Employee Benefit News

Resume Genius shed light on how hiring managers are navigating the job application process, and what leads to an automatic cut.

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Testing Innovations in Cancer: How to evaluate and use new technologies

Amidst rising cancer prevalence and soaring costs, new cancer technologies and innovations are emerging to support the early detection, treatment, and surveillance of cancer. Read this guide to understand how to evaluate these solutions for your employees and members – and to learn more about the current state of coverage, clinical and cost effectiveness, and impact on quality and outcomes.

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Nine in ten employers of knowledge workers offer hybrid working. Nearly all would like them in the office more

Workplace Insight

Around 91 percent of companies with a workforce that can work from home currently offer some form of hybrid working, according to a new poll of 500 HR professionals from Towergate Health & Protection. On average 39 percent of the workforce are hybrid working and 27 percent of employers have more than half their workforce hybrid working. The poll also suggests that 30 percent of employees work from home for at least three days a week.

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It's a Mystery

Florida Workers' Comp

There is a fair bit being written about the "next generation." The "lost generation" (1883-1910; 114+) is passed, the "greatest generation" (1901-1927; 97+) is dramatically shrinking. The "silent generation" (1928-1945; 80-96) is rapidly aging out of active societal participation, but perhaps retains some potential to mentor and influence. Now comes the decline of the once mighty "baby boomer generation (1946-1964; 60-78).

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Can you put non-family members on your health insurance?

PeopleKeep

In most cases, health insurance plans cover the policyholder and their immediate family members. However, some individuals may be able to add non-family members to their plan if they meet some very specific criteria. If you're curious about adding non-family members to your health plan, you need to understand the potential implications, limitations, and requirements for dependent coverage.

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How precision medicine can reduce the most expensive claims

Employee Benefit News

Complex and rare diseases cost three to five times more than chronic conditions — a staggering employer cost that will reach trillions by 2030.

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Recognition Powers High-Performance — If You Do it Right

Speaker: Radhika Samant and Todd Wuestenberg

Employee recognition has often been deemed a "feel-good" initiative, tied closely to rewards. While we understand its importance, we tend to associate recognition with intangible outcomes like engagement and sentiment, rather than direct impacts on retention and high performance. In today’s workplace, the true ROI of recognition lies in its ability to regenerate tangible, business-driven results.

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Half of workers say they are ready to take advantage of new flexible working laws

Workplace Insight

Businesses are being advised to brace themselves as a new poll claims more than half (55 percent) of respondents are planning to make a new request for flexible working when new rules come into UK law this weekend. The changes introduced by the Flexible Working Bill on April 6 – allowing workers to ask for flexible forms of work from day one of their employment (previously six months) – look set to lead to a sharp increase in flexible working requests even though 74 percent of emplo

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Payroll Data Security: Defending Against Payroll Data Breaches

Patriot Software

Data breaches and cyberattacks happen every day. Payroll contains sensitive employee information such as Social Security numbers and bank account details, making it a goldmine for cybercriminals. And because 43% of all data breaches target small businesses, payroll data security should be top of mind. Kickstart your payroll data security training here.

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A Q&A and More Delay: IRS Begins to Issue Clarifying Guidance on SECURE 2.0 Provisions

McDermott Will & Emery Employee Benefits

In late December 2023, the Internal Revenue Service (IRS) issued Notice 2024-2 (the Notice), providing guidance on key provisions of the SECURE 2.0 Act of 2022 (SECURE 2.0). SECURE 2.0, which was passed in December 2022, includes more than 90 provisions affecting US retirement plans, many of which are specifically aimed at enhancing savings opportunities […] The post A Q&A and More Delay: IRS Begins to Issue Clarifying Guidance on SECURE 2.0 Provisions appeared first on EMPLOYEE BENEF

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How gig work is helping formerly incarcerated workers find fulfilling careers

Employee Benefit News

The Center for Employment Opportunity partnered with talent acquisition platform Jitjatjo to create opportunities for those who have spent time in the justice system.

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The HR Leader’s Survival Guide

HR leaders drowning in paperwork struggle to meet C-suite's strategic expectations. Burnout and high turnover plague the field, with 95% feeling overwhelmed. This guide explores how the right tools can free HR from admin tasks and empower them to become the strategic leaders they’re meant to be.