PayrollOrg
FEBRUARY 7, 2023
In these challenging times, struggling Americans have limited options to address short-term cash needs, and none are ideal. Here are some of the options consumers have with the status quo.
Employee Benefit News
FEBRUARY 6, 2023
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International Foundation of Employee Benefit Plans
FEBRUARY 9, 2023
Fertility and family-forming benefits are top of mind for many organizations as they reevaluate benefit packages for the year ahead. Whether it’s to stay competitive in attracting and retaining key. Read more > The post <strong>Fertility Benefits Rapidly Rising as Employers Look to Attract and Support Talent</strong> appeared first on Word on Benefits.
Darwinbox
FEBRUARY 10, 2023
One of the most fundamental and far-reaching touchpoints and potentially one of the most sensitive for employees is total rewards. However, reward design and implementation elements suffer from a lack digitization. This article explores how reward systems can be automated to create great efficiencies.
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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.
Employee Benefits
FEBRUARY 7, 2023
EXCLUSIVE: Nine in 10 (90%) employees reported that their financial situation is either stable or improved after switching to a flexible pay cycle, according to research from Wagestream. The financial wellbeing provider’s whitepaper ‘Unlocking the pay cycle’ was authored by its head of impact and inclusion Emily Trant, with advisory input from Resolution Foundation, Money and Pensions Service, Nest Insight, RideTandem and the University of California, Berkeley.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Achievers
FEBRUARY 7, 2023
Despite a vocal gender equality movement active since the middle of the 20th century, women are still paid less and are less likely to reach senior leadership levels compared to their male counterparts. With International Women’s Day (March 8) approaching, many companies will be running programs and initiatives to highlight the women at their organization.
Darwinbox
FEBRUARY 6, 2023
Fraud from within the organization causes companies to lose 5% of their annual revenues, on average! This article discusses the importance of detecting and preventing expense fraud. It also discusses the various factors that may contribute to fraudulent behavior and how they may be prevented.
PeopleKeep
FEBRUARY 8, 2023
Many employers are familiar with account-based benefits like health savings accounts (HSAs), flexible spending accounts (FSAs), and health reimbursement arrangements (HRAs). But some may not be as familiar with lifestyle spending accounts (LSAs), which are a relatively new benefit type.
InterWest Insurance Services
FEBRUARY 8, 2023
As health insurance and health care costs continue rising, more employers and health plans are turning to centers of excellence to manage patients with chronic conditions. Centers of excellence are unique operations that focus on containing costs and delivering quality and coordinated care from diagnoses to treatment and recovery for patients with acute or chronic conditions.
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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
Money Talk
FEBRUARY 9, 2023
At a recent virtual conference for financial educators sponsored by Next Gen Personal Finance, ten current trends that are impacting the world of personal finance were discussed. Below is a brief summary of key take-aways: Online Gambling - An estimated 60% to 80% of high school students, mostly teenage boys, placed a bet during the past 12 months and 36 states now have online gambling.
PayrollOrg
FEBRUARY 10, 2023
The U.S. Department of Labor released its list of potential FUTA credit reduction states for 2023 and they are California, Connecticut, Illinois, New York, and the Virgin Islands. The determination will be made after November 10, 2023.
Employee Benefits
FEBRUARY 6, 2023
Employers are experiencing increasing demand from employees for salary rises because of the pressures on everyday financial wellbeing, such as the ever-rising cost of living , inflation and interest rates. Employers can offer their workforce support on how to save by utilising their workplace benefits , including discount schemes and budgeting tools.
Best Money Moves
FEBRUARY 10, 2023
Employee burnout in 2023: 3 key benefits to help. Help your employees fight back against burnout in 2023 with these 3 solutions. Burnout remains a persistent problem for today’s employees and can have significant consequences for health, mental well-being and performance. A recent Slack survey found that 43% of middle managers reported burnout in 2022.
Advertiser: Paycor
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.
Vantage Circle
FEBRUARY 9, 2023
Company culture is an organization's soul, shaping its employees' values, beliefs, and behaviors. It sets the tone for how work gets done and affects everything from job satisfaction to overall success. Whether looking to improve your current workplace or searching for a company that aligns with your values, understanding and valuing company culture is key and coaching culture is a huge part of it.
BetterUp
FEBRUARY 9, 2023
Jump to section What are the main difficulties when giving presentations? How to prepare an effective presentation After that, how do I give a memorable presentation?
Employee Benefits
FEBRUARY 10, 2023
The top 10 most-read articles on www.employeebenefits.co.uk between 3 – 9 February 2023 were: Half of private sector pay awards will give at least 5% in 2023 J Murphy and UK Power Networks named best UK big employers for Q1 2023 EXCLUSIVE: 90% say flexible pay improves their finances Rolls-Royce reports 1.6% mean gender pay gap Delta Airlines gives all staff 5% pay rise Ryanair adds employee experience platform Crown Prosecution Service awards barristers 15% pay rise EXCLUSIVE: First hybr
Benefit Resource Inc.
FEBRUARY 9, 2023
If you live in a metropolitan area, there’s a good chance you take mass transit to or from work. If you use mass transit for work and you are enrolled in a pre-tax Commuter Benefits Plan (CBP) through your place of employment, you’ll want to be aware of what you can (and can’t) purchase with your CBP funds. For those of who you are new to CBPs, check out the starter FAQs below.
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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?
Workplace Insight
FEBRUARY 8, 2023
A new report claims that many working mums have felt forced to limit their careers as a result of their employer’s inflexible and outdated working policies and cultures. The Shift from Worker to Working Parent sponsored by WOMBA (Work, Me and the Baby) and carried out by Hult International Business School (Ashridge) interviewed working mums and dads who had recently taken extended parental leave about the experiences they faced as they transitioned to parenthood in an organisational context.
InterWest Insurance Services
FEBRUARY 9, 2023
The key to getting the biggest bang for your buck in your wellness program is to focus on a few tried and tested offerings that studies have found result in better health for employees and reductions in your overall health care insurance costs. If you use a scattershot approach, the returns may not be as great, and the cost of a wellness program correlates directly with the width and scope of services offered.
Employee Benefits
FEBRUARY 10, 2023
Something for the weekend: For those looking to make their pay stretch further, or use their voluntary benefits to the best advantage this Valentine’s Day, Kingston upon Hull has been revealed to be the most affordable UK city for a date night, according to research by Financial World. Dates in Kingston upon Hull were found to cost an average total of £71.97.
PeopleKeep
FEBRUARY 6, 2023
Nowadays, offering employee benefits is pivotal to your company’s overall success. A robust benefits program improves retention and recruitment efforts , boosts employee morale , and increases job satisfaction. But some employers may not know that benefits fall into two categories: those required by law and those that are voluntary. Knowing which benefits are mandatory under federal and state law will ensure you aren’t penalized for not providing them.
Advertiser: Barley
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.
Workplace Insight
FEBRUARY 8, 2023
Humans are exposed to poor air quality and pollution almost everywhere. The World Health Organization estimate that 99 percent of the world’s population breathe in polluted air each day. Chess players competing indoors are no exception – and it can affect their performance. A recent study conducted by researchers from Maastricht University (Netherlands) and the Massachusetts Institute of Technology (USA) analysed the quality of chess moves across multiple German chess tournaments.
InterWest Insurance Services
FEBRUARY 9, 2023
Cal/OSHA is in the process of updating its regulations on first aid kit requirements, an effort that’s stirred up controversy over some of the proposed elements of the standard. According to a report by the trade publication Cal-OSHA Reporter , one of the most controversial parts of the proposal is that a doctor or other licensed health care professional approve the first aid kit for use.
Employee Benefits
FEBRUARY 6, 2023
IT recruitment consultancy Mexa Solutions, founded by brothers Simon and Bob Bath seven years ago, gave its team a 10% pay rise in October 2022 to mitigate the financial burdens they may be facing in the current uncertain times. The pay rise did not come with any stipulations about increased output or workloads for the workforce, which consists of a mixture of 11 recruitment consultants, delivery consultants and business support employees.
Florida Workers' Comp
FEBRUARY 9, 2023
It is rare that a litigator has the chance to collaborate with the breadth of experience that is the faculty of the Work Comp Academy 2023. This program is titled “the next generation,“ and it’s focused upon those who will be the foundation of this practice in 10-20 years' time. Our recollections of the greatest generation are supporting what is workers' compensation today, and remind us what was.
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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.
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