Achievers
MARCH 7, 2024
Kumari Williams, VP of belonging and diversity at Workday , and Jeff Cates, CEO of Achievers , reveal the steps employers can take to keep employees motivated for the long haul. Every HR leader grapples with retention challenges in today’s job market. While offering competitive pay is essential to mitigating turnover, it’s not the only thing that keeps employees engaged and committed to your organization.
Employee Benefit News
MARCH 5, 2024
As the cost of child care hits record highs, more than half of U.S. employers are prioritizing benefits for parents.
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Employee Benefits
MARCH 4, 2024
Six in 10 (61%) UK employees said they are more worried about the cost-of-living crisis compared to a year ago, according to new research by Health Shield. The employee health benefits provider surveyed 564 employees in full or part-time work and found that only 11% of respondents are less worried about it, while 48% said it has impacted their ability to do their job.
Employee Benefit News
MARCH 6, 2024
Investing in fun incentives will pay dividends in the form of increased productivity, employee loyalty and company ambassadors.
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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.
BerniePortal
MARCH 6, 2024
HIPAA and FERPA often get confused because they are both national laws that protect private information. The main difference between them is that HIPAA protects patient information while FERPA protects student information. Although HIPAA and FERPA are stand-alone acts, they do have some points of intersection.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
PayrollOrg
MARCH 8, 2024
Nominations for the 2024 Global Payroll Titan Award close 19 March. The award celebrates and empowers outstanding professionals responsible for exemplary performance and success in the global payroll industry.
Employee Benefits
MARCH 8, 2024
Credit: Arthur D’Amario III / Shutterstock.com Something for the weekend: The Victoria and Albert Museum (V and A) has begun its search for two cataloguers to help with the David Bowie Archive, which it is in the process of acquiring. If you’re good under pressure and with changes , then this could be the job for you! The successful applicants will work with a lead cataloguer as part of a wider team in the performance, furniture, textiles and fashion department and report to the curator of
Workplace Insight
MARCH 7, 2024
One of the UK’s greatest ever athletes and now a corporate wellbeing consultant and speaker , Sally Gunnell discusses with Kate Usher the challenges faced by women in the second half of their lives, in the latest Workplace Insight podcast. Sally is the only female British athlete ever to hold the Olympic, World, European and Commonwealth titles for 400m Hurdles.
International Foundation of Employee Benefit Plans
MARCH 7, 2024
International Women’s Day is an ideal time to pause and reflect on the status of women in the workforce—both how far we’ve come and how far we still need to go to achieve true gender equality. In this blog, Alyssa Hodder interviews […] The post International Women’s Day: Women in Leadership appeared first on Word on Benefits.
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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
PayrollOrg
MARCH 6, 2024
The IRS released the 2024 Form 941, Schedule B, and Schedule R, along with their respective instructions. The lines on the form used to report COVID-19-related credits have been removed.
Employee Benefits
MARCH 6, 2024
Spring Budget 2024: The government is to cut employee national insurance contributions (NICs) by two pence, falling from 10% to 8% from 6 April. In his Spring Budget, Jeremy Hunt, Chancellor of the Exchequer, said that this will save the average worker on a salary of £35,400 around £900 a year, once combined with the 2p cut announced in the Autumn Statement 2023.
Workplace Insight
MARCH 4, 2024
The UK’s Chancellor of the Exchequer Jeremy Hunt has outlined plans to improve public sector productivity that the government claims will deliver up to £1.8 billion worth of benefits by 2029. The statement focuses on public sector productivity because the government says it is “an alternative to accepting an ever-increasing bill for public services as [it] sticks to its plan to move on from the high spending and high tax approach that was necessary to get the UK through the shocks of Covid and R
Employee Benefit News
MARCH 8, 2024
On International Women's Day, top female execs share best practices for making equal opportunity part of company culture.
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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.
PayrollOrg
MARCH 5, 2024
For 15 years, Dawn Curtis, CPP, was one of those payroll professionals who’d never had a chance to attend a Payroll Congress. But that all changed in 2023, when for the first time, PayrollOrg hosted the 41st Annual Payroll Congress in Denver, which allowed Dawn to attend and see for herself what all the excitement is about.
Employee Benefits
MARCH 7, 2024
Image credit: photocosmos1 / Shutterstock.com Chancellor of the Exchequer, Jeremy Hunt (pictured), delivered his Spring Budget speech in the House of Commons on Wednesday 6 March. Below is a summary of the key announcements that could affect employers’ pay , pensions and benefits strategies: Spring Budget 2024: National insurance contribution (NIC) rate cut to 8% Spring Budget 2024: DC pensions required to disclose investment in UK equities Spring Budget 2024: TPR and FCA given powers to
Workplace Insight
MARCH 4, 2024
A quarter of all projects do not meet the business goals that their organisations set for them, according to research published by the Project Management Institute (PMI) in the 15th edition of its Pulse of the Profession report – The Future of Project Work. The newly released report, based on the responses of over 2,000 project professionals and 300+ senior leaders around the world, paints what the report says is a concerning picture of project outcomes across various industries globally.
Employee Benefit News
MARCH 4, 2024
Artificial intelligence will create efficiencies that enable physicians to spend more time strategically thinking about their patients. But its benefits must be maximized for all.
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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?
International Foundation of Employee Benefit Plans
MARCH 7, 2024
Lawmakers, employers, consumer groups and other stakeholders have called for more transparency from pharmacy benefit managers (PBMs). Lack of transparency enables PBMs to engage in the practice of spread pricing where PBMs charge health plans more than they pay pharmacies for the […] The post Prescription Drug Plans: Spread Pricing Explainer appeared first on Word on Benefits.
Employee Benefits
MARCH 5, 2024
Employee Benefits poll: More than one-third (39%) of organisations said that private medical and dental insurance is the most popular form of employee financial support that they offer, according to a survey of Employee Benefits readers. One in 10 (11%) respondents answered that holiday purchase or sell back options was their most popular form of employee financial support , while 9% said this was death-in-service benefits.
Workplace Insight
MARCH 6, 2024
The widespread adoption of hybrid working has opened the door for women to apply for senior positions within their companies, according to a new report released ahead of International Women’s Day. IWG’s 2024 report Advancing Equality: Women in the Hybrid Workplace, based on research among more than 1,000 female hybrid workers, found that flexible working had allowed over half (53 percent) to pursue promotions or apply for more senior roles – which, in an encouraging move for advancing equ
Insperity
MARCH 7, 2024
Diversity, Equity, and Inclusion (DEI) have transitioned from being programmatic solutions to essential components of a solid people strategy. Today, companies understand that fostering a diverse and inclusive workplace isn’t just a checkbox for public relations purposes; it is also smart for business. But how do you know if your DEI strategy is making a difference in your organization?
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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.
Business Management Daily
MARCH 7, 2024
Being more productive is something we’re all interested in. But with the endless meetings, messages, meals, and bathroom breaks each workday, eight working hours isn’t always enough time to get stuff done. With habits of efficiency and precision, however, those limited work hours can go further. Detail-oriented focus is the marketable skill of the modern workplace.
UMB: Emplooyee Benefits
MARCH 6, 2024
Read how UMB is committed to supporting associates and their families in pursuing higher education through our scholarship program. The post UMB’s scholarship program creates opportunities for students to pursue higher education appeared first on Financial insights for individuals and businesses.
Employee Benefits
MARCH 6, 2024
As announced in The Spring Budget, National Insurance (NI) is reducing from 10% to 8% from April 2024. WEALTH at work, a leading financial wellbeing and retirement specialist has run financial education workshops for staff in hundreds of organisations and is encouraging people to consider using this saving in National Insurance if they can, to increase their monthly pension contributions.
BetterUp
MARCH 6, 2024
Jump to section Do you lack optimism? Understanding optimism: beyond mere positivity Why is learning how to be optimistic so challenging? How to be optimistic: habits for cultivating optimism The importance of surrounding yourself with positive people Identifying your optimism style Unshakable pessimism: when to seek therapy services Learn how to be optimistic with coaching sessions It’s not easy to stay positive.
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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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