Sat.May 21, 2022 - Fri.May 27, 2022

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Compensation and Benefits: Why the Right Pay and Perks Matter

BetterUp

Jump to section. What are compensation and benefits in the workplace? Why are compensation and benefits important? What are the key components of compensation and benefits? Sample compensation and benefits package. How can you maintain compensation fairness? How to calculate compensation and benefits. How do compensation and benefits ensure the success of a business?

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Year-Long Benefits Education Yields Happier Employees

InterWest Insurance Services

While most organizations ramp up their benefits communications about a month before open enrollment starts, the efforts often drop off at the start of the year. That’s a shame because many employees are woefully unaware of how their benefits function and are often not taking full advantage of what their employer and they are paying for. Employees that don’t understand their benefits fully may end up paying out of pocket for services that are covered.

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Strategic Compliance: Wage Garnishment Risk Avoidance

HR Bartender

Estimated reading time: 6 minutes. (Editor’s Note: Today’s article is brought to you by our friends at ADP , a comprehensive global provider of cloud-based human capital management solutions. Industry analyst firm Nelson Hall recently identified ADP as a leader in both the small and medium business as well as mid to large market segments. Congrats to them!

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7 Amazing Employee Wellness Ideas to Boost Morale

HR Digest

Find out what employee wellness ideas you can implement to ensure your employees have a safer, productive return to work. Employee wellbeing isn’t a new concept, but it has taken on a whole new meaning since the Covid-19 pandemic. Employee wellness initiatives are now higher up on the agenda — particularly mental well-being activities and programs — as more employers closely scrutinize how effectively they look after their employees.

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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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What is Company Culture and How Do You Develop It?

BetterUp

Jump to section. What is company culture? Why is company culture important? How company culture impacts employees. What does a healthy company culture look like? Steps to develop company culture. How to evaluate company culture. How to improve company culture. Examples of companies with great organizational culture.

IT 119

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Countering the Great Resignation Through Education

International Foundation of Employee Benefit Plans

When asked how The Great Resignation of 2021 affected their organizations, one in three respondents indicated it is “somewhat or very difficult” to retain good talent (According to this Bamboo. Read more > The post Countering the Great Resignation Through Education appeared first on Word on Benefits.

Education 109
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Financial Wellness Programs That Keep Employees’ Paychecks in Check

HR Digest

1. What is financial wellness in the workplace? 2. How can financial wellness programs help employees? 3. What are the best financial wellness activities? Financial wellness programs can help ensure that your employees are more productive and efficient at work. These kinds of programs are designed to provide more job stability and savings options. Employees are more stressed about their finances in a post-COVID world, and they require reassurance regarding benefits and financial possibilities.

Finance 121
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Don’t overlook the value of positivity as a leadership skill

Business Management Daily

A positive mindset is typically seen as a desirable trait in the workforce across all professionals and job levels, but it’s often overlooked as a leadership skill. Positivity can help leaders create a better work environment, build stronger business relationships, and navigate the often tumultuous business landscape with an optimistic outlook. A positive outlook can also have internal benefits for leaders such as managing stress and avoiding burnout.

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Employee value proposition: A key ingredient to gaining and retaining top talent

Insperity

Do you aspire to position your organization as an employer of choice ? While there are many steps to building that reputation over time, one accessible strategy that you can implement almost immediately is to establish an employee value proposition (EVP). In this article you’ll learn: What is an employee value proposition (EVP)? How does an EVP help position you as an employer of choice?

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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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Two Neighboring States Recently Joined a Growing Movement to Provide Paid Family Leave

McNees

Maryland and Delaware recently joined the growing list of states that have enacted legislation requiring employers to offer paid family and medical leave. Both states are still working on implementing regulations for the new laws; but, in the meantime, below is a brief summary of what you need to know about these laws and when they will take effect.

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How to Learn Something New Every Day: Build the Habit

BetterUp

Jump to section. The importance of being a life-long learner. 5 steps to cultivate the habit of learning. How long does it take to learn something? How to learn something new. Get support with your learning journey.

IT 102
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Common Construction Risks and How to Manage Them

AssuredPartners

Managing projects in the construction industry means managing risk. Every step in a project from before it has even started until after it has been completed can leave you open to potential risks. These are a few of the most common construction risks and the steps you can take to mitigate potential loss. Safety Risk. Construction companies should prioritize safety on every jobsite.

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Veterinary clinic employee benefits | PeopleKeep

PeopleKeep

As a local veterinary clinic, it can be challenging to attract and retain employees in a tight labor market. Providing employee benefits to your staff is an excellent way to improve retention. However, many traditional employee benefits options can be too expensive or complex for vet clinics to administer. So, how do veterinarians provide quality employee benefits to their staff without breaking the bank or taking on too much work?

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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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Rolling the Dice on Crypto in Retirement Plan

HR Professionals Magazine

By Jim Trujillo. As a team of 401(k) advisors focused on participant outcomes, we are constantly fielding financial related questions from employees seeking advice. Lately, one of the main questions asked has been “what do you think about cryptocurrency?”. My typical response is to hit them back with a reverse uno card and say, “tell me what you think about cryptocurrency,” because if you’re asking that question, you probably already have some thoughts.

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LGBTQ Acceptance Across the Globe: 5 Ways to Encourage Change

BetterUp

Jump to section. What LGBTQ acceptance looks like. How accepting is the world of LGBTQ people? How bias impacts LGBTQ acceptance. How openness affects mental and physical health. 5 ways to help build LGBTQ acceptance in your community and the world. Moving LGBTQ acceptance forward.

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Construction Delays and Limiting Policy Language Impact Policyholders’ Recovery

AssuredPartners

Many property policies contain contractual limitation provisions. These policy provisions are valid and enforceable in most states. The provision limiting the amount of time policyholders have to complete the work paid for by their insurance company to one year is particularly problematic. When policy provisions like this exist, if the repair or replacement has not been completed within the time frame, the carrier only pays actual cash value (ACV).

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The most successful change management principles and initiatives

Business Management Daily

In today’s constantly evolving business landscape, no company will last long without being adept at implementing change. Whether it’s a massive organization-wide transformation or a simple tweak to an HR policy — all change efforts require a clear vision, constant communication, and buy-in from every department. For example, the COVID-19 pandemic made change necessary for thousands of companies nearly overnight.

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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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How to start a student loan repayment program | PeopleKeep

PeopleKeep

With the number of job openings at its highest level in U.S. history amid a nationwide labor shortage, employers are looking for ways to get an edge over their competitors. Many organizations are exploring unique employee benefits programs and increasing compensation packages to attract and retain top talent. Offering your employees student loan repayment benefits can be an attractive way to recruit job seekers.

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Setting Smart Health Goals: Be Clever About Your Well-Being

BetterUp

Jump to section. What is the SMART method of goal setting? What are health goals? 3 types of health goals. Why are health goals so important? How to set health goals using the SMART method. 6 examples of health goals. 6 tips to succeed at your SMART health goals. 6 extra tips for maintaining a healthy lifestyle. Moving forward with your goal setting.

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Work Flexibility: What Does It Really Mean? | BerniePortal

BerniePortal

With a record-breaking number of employees resigning from their jobs during the Great Resignation , job seekers hold more power than ever to negotiate before accepting an offer. While salary remains important, many employees are also looking for work flexibility when considering a new opportunity. According to a recent Topia survey of 1,481 full-time office workers, 96% of employees feel that flexibility in working arrangements is important when seeking a new job.

IT 98
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Spiking Materials Costs Imperil Apartment, Commercial Projects

InterWest Insurance Services

Construction firms are reeling from snowballing costs of building materials due to spiking demand and supply chain snarls that are resulting in massive budget cost overruns. This is especially affecting construction businesses that are managing apartment or commercial projects. These cost overruns are imperiling profits — and risking red ink — on the projects after the contractors won carefully constructed bids.

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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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Top deadlines brokers should include in their compliance calendar

PeopleKeep

Being a health insurance broker involves juggling many important tasks on behalf of your client. One of these crucial tasks is ensuring your client complies with state and federal regulations by staying up to date on tax deadlines and filing timely reports. Missing a deadline can be a serious matter. You could risk incurring penalties for your client, not to mention damaging your reputation as a broker and spending significant time getting your client back into compliance.

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What Are Employees Looking For: Employment Trends in 2022

HR Digest

Employment trends for 2022 are very diverse and include many aspects. From hybrid work to more awareness about mental health, employment trends 2022 are very important for both employees and employers. In this article, we describe some of the latest trends in companies across the world. A talent marketplace platform will evolve . When you need a worker to perform some task, you usually need to search for the people who are skilled enough to do the task properly.

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College Seniors Are Eager to Work–What Benefits Are They After?

BerniePortal

As college seniors prepare for graduation, many already have jobs lined up while others are actively looking. There seems to be no shortage of work ethic among this graduating class, but the unique set of struggles brought on by the pandemic could follow them into the workplace. Read on to find out what employee benefits these seniors value most and how you can best prepare for the next generation of employees.

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Avoiding Engulfment Hazards in Agricultural Industry

InterWest Insurance Services

Engulfment risks are some of the most overlooked hazards in agricultural operations. The most common types of engulfment hazards are in grain silos, where a worker can quickly become trapped and buried by a sudden flow of grain. But there are also a number of engulfment hazards besides grain silos. Workers can also be engulfed by soil, manure or gravel, or submerged in a liquid such as water, wine or fertilizer.

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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.