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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Individual Development Plan Template

There’s no away 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. Downlady the template today!

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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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State Agency Directories Updated, Available in Resource Library

PayrollOrg

PayrollOrg (PAYO) provides state agency directories on its website to help payroll professionals find the contact information they need to get their questions answered. The information has been updated for 2024.

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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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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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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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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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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: 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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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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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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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: 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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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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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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"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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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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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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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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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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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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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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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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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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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.