Sat.Nov 18, 2023 - Fri.Nov 24, 2023

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8 Employee Benefit Ideas to Help Retain Remote Workers

COMPackage

Despite having been around for a while now, the popularity of remote work quickly increased during the COVID-19 pandemic. Working from home not only allowed employers to potentially save on future costs and manage the challenges brought about by the pandemic, but also offered their employees flexibility and autonomy. Some employees work from home primarily because they live too far from the office to commute, possibly in another state entirely.

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Do total reward statements still engage employees with their benefits packages?

Employee Benefits

Credit: Julia Sudnitskaya / Shuuterstock.com A total reward statement provides an overview of an employment package and its value. Offering choice regarding how a total reward statement is delivered to an employee is key to ensuring effective engagement. A personalised benefits package can help to engage employees with their benefits because it is specifically relevant to them.

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From Debt to Zen: Transforming Financial Stress to Financial Serenity

International Foundation of Employee Benefit Plans

As 2023 comes to an end, many Americans are struggling to achieve the goal of living without financial liabilities as credit card debt in the U.S. hit a new record high, surpassing $1 trillion, according to the New York Federal Reserve Bank. […] The post From Debt to Zen: Transforming Financial Stress to Financial Serenity appeared first on Word on Benefits.

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IRS Releases Annual Increases to Health FSA and Transportation Fringe Benefit Limits for 2024

Proskauer's Employee Benefits & Executive Compensa

On November 9th, the IRS announced additional inflation adjustments for 2024, including to the annual contribution and carryover limits for healthcare flexible spending accounts and the monthly limit for qualified transportation fringe benefits. The IRS did not increase the annual contribution limit for dependent care flexible spending accounts because that limit is not indexed to inflation.

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Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.

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How AI can help employers support employee fitness

Employee Benefit News

As workplaces evolve, harnessing the power of AI can help organizations across industries rethink employee well-being.

More Trending

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Half of work related illness is down to stress, depression or anxiety

Workplace Insight

Nearly two million workers in Great Britain reported suffering from work-related ill health in 2022/23, according the latest annual statistical report from the UK’s Health and Safety Executive. The statistics reveal that 1.8 million workers reported they were suffering from work-related ill health in 2022/23, with approximately half of the cases down to stress, depression or anxiety.

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How to Recruit Top Talent without Treating It Like a Chore

HR Digest

Among reports of increasing job dissatisfaction and high employee attrition rates, many companies are caught wondering how to recruit top talent and retain top talent as well. While many are able to attract effective workers with hefty packages, not everyone can convince employees to stay either. Pew Research Center found that 43 percent of young workers have stayed with their employees for over three years, but on the other hand, 40 percent have spent less than 12 months with their employers.

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Guide to Local Payroll Taxes Updated for 2024

PayrollOrg

Need help with local payroll taxes? Check out this great local payroll compliance research tool from PayrollOrg, updated for 2024!

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69% of women had negative experience at work due to menstruation symptoms

Employee Benefits

More than two thirds (69%) of women have had a negative experience at work due to menstruation symptoms , according to research by the Chartered Institute of Personnel and Development (CIPD). The professional body for HR and people development’s report Menstruation and support at work , which surveyed more than 2,000 women, found that the most common reported symptoms include abdominal cramps (60%), irritability (52%), fatigue (49%) and bloating (49%).

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Bridging the Gap: The Intersection of DEI Initiatives and Employee Benefits

Speaker: Jaye Johnson, CBP

Unlock the secrets to transforming your organization’s employee benefits into a strategic tool for Diversity, Equity, and Inclusion (DEI). During this informative session, we will discuss common pitfalls in traditional benefits and then delve into the essence of DEI in employee-centric benefit offerings. This involves not only defining DEI in the workplace but also understanding the pivotal role that employee benefits play in fostering a diverse and inclusive environment.

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Rosalynn Carter and 10 other notable mental health advocates

Employee Benefit News

As the need for mental health continues to grow, public figures have long fought to shake off stigma.

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What Is Human Resource Management? – Challenges, Processes, Role, And More

Qandle

An organization’s most integral part is its employees and yet sadly, human resources wasn’t considered critical to the functioning of businesses. Human Resource Management is essential to a business and is needed to take it to the next level of success. With the progress of technology and the globalization of industries, changes in organizational hierarchy became a must.

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What Is a Strong Company Culture? One That Is Built on Trust and Respect

HR Digest

Having a lively company culture is exciting and working with a serious company culture means good business, but what is a strong company culture? Strong organizational cultures are well-defined, well-supported company cultures that prioritize the company vision and strive to create a positive work environment for the entire workforce. Strong company cultures go beyond a cursory mention in the employee handbook and organizations need to actively plan out how to communicate effectively with employ

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42% of employers plan to reduce flexibility for staff in 2024

Employee Benefits

Approximately two-fifths (42%) of employers plan to reduce flexibility or offer less of this to their employees in 2024, according to research by Barnett Waddingham. The independent consultancy, which surveyed 302 HR directors and C-suite professionals, found that this could see as many as 588,000 employers planning to offer reduced flexibility to working arrangements.

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How to Implement Pay Transparency: A Comprehensive Guide

With pay transparency legislation on the rise globally, it can be difficult for organizations to navigate how to share salary ranges due to administrative complexities, lack of clear job architecture, employee reactions, and more. To help make this process easier, Barley's comprehensive guide shares how to begin implementing pay transparency while staying true to your compensation philosophy.

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Employers must follow the evidence when it comes to covering obesity medications

Employee Benefit News

Supporting the health of employees can help prevent serious chronic conditions, and the financial impact that comes along with them.

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What is Strategic Human Resource Management? How can it Help You Ensure Effective And Unprecedented Business Growth?

Qandle

In today’s digital era, as businesses are expanding and expanding their global networks, the importance of HR is becoming clearer. But, as industry trends and business complexities keep changing, HR leaders must take a step back to review the processes undertaken by the team. Moreover, the HR team must play numerous roles such as long-term planning, capacity building, talent recruitment, appraisal management, and much more.

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As Construction Rebounds, Double Down on Safety

InterWest Insurance Services

Employment in the construction industry is surging as pent-up demand means that more homes are being built at a brisk pace. But this new growth in housing has come at a price for those working in the industry: a significant jump in construction workplace deaths and injuries. In 2022, 976 construction workers died on the job, according to OSHA. Also, injuries are surging as more contractors are forced to hire more inexperienced workers, who are more likely to be injured on the job.

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Barratt Developments hires new group HR director

Employee Benefits

Barratt Developments has appointed Sally Austin its new group HR director , becoming a member of the Barratt executive committee and reporting to chief executive David Thomas. Austin will continue the people strategy for Barratt, prioritising diversity and inclusion, engagement, talent management, and employee health and wellbeing in particular. She joins from Wincanton, where she was chief people officer from 2019 to 2023.

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5 Trends to Help Your Organization Boost Job Satisfaction and Productivity

Treating your workforce as the organization’s top priority improves customer satisfaction and revenue growth and can boost job satisfaction and productivity. Read about five trends that are helping organizations around the country improve their people’s career well-being.

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20 companies with adoption benefits and financial support

Employee Benefit News

The Dave Thomas Foundation for Adoption released its annual list of companies prioritizing family-building benefits for everyone.

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What Is An HR System? How to Choose the Best HR System

Qandle

As the global competition in every industry is on the rise, businesses are competing amongst themselves to hire the best talents exclusively. And, once hired, companies are striving to ensure that they offer reasonable compensation and excellent benefits. This is majorly handled by the human resource (HR) team, who are also responsible for maintaining company policies and essential documents.

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Chronic Conditions Driving Health Care Costs

InterWest Insurance Services

A new report has found that the top driver of health care costs in the U.S. is chronic conditions, emphasizing the role that employers can assume in helping their employees better maintain these ailments. Chronic diseases are a major strain on the health care system, and they are costly to treat. Worse, many people with these ailments do not manage them well and do not change their lifestyles to improve them.

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Exclusive: Central Co-op launches financial support benefit for staff

Employee Benefits

Retailer Central Co-op has launched a financial support benefit across its support centre, food and funeral operations teams. The Co-op Credit Union benefit will form part of Central Co-op’s overall wellbeing offer. It will enable employees to access a range of tools, services and resources to support their mental health, money and the rising cost of living.

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10 HR Metrics to Track in 2024

Discover the power of HR metrics. Master recruiting, control skyrocketing labor costs, and reduce turnover rates. Get insights into key metrics like Time-to-Fill, Cost-per-Hire, and Turnover Rate. Equip your business for success in 2024.

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Remote work beats out salary as the most important thing to employees

Employee Benefit News

Flexjobs surveyed over 8,000 workers about how they feel about return-to-office mandates, and the results are in.

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Employment Law Overview in Brazil

Global People Strategist

Brazil boasts a robust and complex system of employment laws regulating various aspects of the employer-employee relationship. Navigating these laws is essential for businesses operating in the country to remain compliant. This article provides an overview of employment laws in Brazil, highlighting key regulations and their implications for businesses.

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A Grateful Reflection on Workplace Connections This Thanksgiving

Benefit Resource Inc.

As the season of Thanksgiving is upon us, it’s only fitting to pause and express our deepest gratitude for the pillars of our success—our employees, clients, and valued participants. At BRI, we find ourselves reflecting on the extraordinary contributions of these integral components that form the beating heart of our organization. Join us as we highlight why we are profoundly thankful for our people and extend warm wishes for a joyous Thanksgiving to all.

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Anna Dabek: Creating a menopause friendly workplace for womens’ wellbeing

Employee Benefits

More women are citing menopause as a reason for claims of discrimination or unfair dismissal at tribunal. The number of cases which did so increased by 44% in 2021. Menopause is not a protected characteristic under the Equality Act 2010. That said, over the last couple of years, women have brought successful claims for sex and age discrimination following the unacceptable responses of their employers to their menopause symptoms and its impact on their work.

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Fertility Benefits for Every Age: A HR Roadmap from Gen Z to Baby Boomers

Speaker: Lauri Armstrong, SHRM-SCP - Sr. Director, People Operations at Carrot Fertility

Today’s workforce includes multiple generations of employees all looking for something different from their benefits package. While meeting these disparate needs can be challenging, a comprehensive fertility benefit can support everyone from junior staffers learning about their fertility health to senior leadership managing menopause and low testosterone symptoms.