TalentCulture - Employee Benefits

OCTOBER 10, 2023

Recognition matters. We hear it over and over again in leadership books and best practices articles. It makes sense to recognize employees early and often. But workforce appreciation isn’t a one-size-fits-all thing, and random acts of recognition usually fall flat. So, what do successful organizations do? They focus on building a culture where appreciation is […] The post 11 Innovative Ways to Reward and Recognize Employees appeared first on TalentCulture.

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Employee Benefits

OCTOBER 11, 2023

The number of employers publishing their ethnicity pay gap has increased from 30% in 2020 to 44% in 2023, according to new research. Business in the Community’s 2023 Race at work charter survey sought the views of nearly 250 UK employers, representing 1.2 million UK employees. It found no change in the number of employers who have a race champion or an executive sponsor for race since 2020, remaining at 95%.

Employment 64

Employment Recruitment Employee Benefits Management 64

PeopleKeep

OCTOBER 11, 2023

When you’re outside the annual open enrollment period , you have limited opportunities to buy a health insurance plan. You can enroll in a plan mid-year if you experience a qualifying life event or become eligible for a federal health insurance program, like Medicare or Medicaid, but these situations may not support every individual.

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Health Insurance Insurance 52

McDermott Will & Emery Employee Benefits

OCTOBER 11, 2023

In December 2022, Congress enacted groundbreaking legislation as part of the SECURE 2.0 Act codifying an opportunity for employers to provide matching contributions within a tax-qualified retirement plan based on their employees’ qualified student loan payments outside the plan. This On the Subject discusses the SECURE 2.0 student loan benefit and other employer options for […] The post Employer Student Loan Debt Benefits Following SECURE 2.0 appeared first on EMPLOYEE BENEFITS BLOG.

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Retirement Plan Employment Taxes Employee Benefits 79

Speaker: Sean Raible

Picture a workplace where physiological safety is not just an aim but a reality, driven by thoughtful employee benefits that prioritize mental health, wellbeing, and DEI. 🤔 ✨ Achieving this vision requires more than just occasional training sessions and employee assistance programs. Moving beyond the basics, this vision calls for a holistic approach that integrates these elements into your company culture as well as your HR and benefits strategy.

Health

Employee Benefits

OCTOBER 11, 2023

Need to know: When gathering feedback, striking a balance between anonymity and usefulness of the data is key, as is being transparent with how this balance is achieved with employees. Whichever feedback method is used, questions must reflect the workforce, based on all segments of the demographic, but also on their working patterns, caring responsibilities and living arrangements.

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Pension Benefits Package Salary Employee Benefits 105

Money Talk

OCTOBER 11, 2023

Almost half of all U.S. workers age 65-69 are self-employed as are over two-thirds (68%) of those age 75-79. For almost four years, I have been a full-time financial education entrepreneur. For 27 years prior, Money Talk was a “side hustle.” For this post, I decided to reflect upon ten benefits of self-employment in later life that I (and other older entrepreneurs) have experienced: Additional Income - A successful business provides additional cash beyond Social Security and other expected sourc

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Employment Deductions Deductible Taxes 208

Achievers

OCTOBER 11, 2023

Cultivating a culture of recognition is a strategic imperative that can transform the tenor of your organization, driving improved employee morale, engagement, and performance. Showing genuine appreciation for team members’ efforts foster a long-lasting sense of belonging and motivation among employees. With a thoughtful and multifaceted approach, one that encourages recognition at every level of your organization, your company can develop a culture of recognition organically.

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Health Recruitment IT 168

Employee Benefits

OCTOBER 9, 2023

More than eight in 10 (83%) UK employers have reported a rise in employees requesting more wellbeing benefits in the workplace, according to new research from Zest. The employee benefits technology firm’s study, released to mark World Mental Health Day (10 October), found that 19% of respondents currently offer employees a wellbeing allowance as part of their benefits package.

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PayrollOrg

OCTOBER 13, 2023

Beginning October 23, the “Preparing for Year-End and 2024” seminar provides updates on the latest changes in legislation and regulations that affect the close of 2023 and the first payroll of 2024, including updates to state requirements.

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Payroll 104

Advertiser: Paycor

There’s a new overtime salary threshold that will impact employers across the country. If you have an employee making less than $43,888 on July 1 or less than $58,656 on January 1, you’re going to have to start paying overtime. Download Paycor’s guide to learn: Which groups of employees are affected? How should you classify employees? Best ways to mitigate risk.

Overtime

International Foundation of Employee Benefit Plans

OCTOBER 9, 2023

I’d like to think I’m working toward breaking down the stigma of mental health. I have family members, friends and colleagues who struggle with various challenges, and I have had bouts of anxiety and depression throughout my life. Yet, when someone is […] The post Six Steps to Addressing Mental Health in the Workplace appeared first on Word on Benefits.

Employee Benefits 113

Employee Benefits 113

Workplace Insight

OCTOBER 12, 2023

A new report claims that while 90 percent of businesses see the enablement of remote and hybrid working as having a positive impact on their bottom line, less than half (48 percent) of organisations strongly agree that employees have access to the technology they need to work well both at home, and in the office. The report from NTT claims that approximately 56 percent of hybrid workers spend half the work week at the office.

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Technology IT 111

Employee Benefits

OCTOBER 9, 2023

Mental health is complex. It can be affected by several factors, and there isn’t a ‘one size fits all’ approach that works for everyone. We all experience mental health in a different way, depending on our identity. Ricoh UK’s wellbeing strategy has been designed with this complexity in mind. It takes a robust view of what wellbeing means to different people and incorporates aspects of emotional, physical, social and financial wellbeing.

Employment 111

Employment Pension Finance Consulting 111

Insperity

OCTOBER 10, 2023

In December 2022, the U.S. government passed a significant piece of legislation: the SECURE 2.0 Act. The SECURE 2.0 Act put in place mandatory and optional provisions to help U.S. workers better prepare financially for retirement, at every stage of their employment journey. This new law comes at a critical time for Americans: Many older U.S. workers who have not been able to save enough money to retire have delayed their transition into this next stage of life because of current economic conditi

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401(k) Retirement Plan Taxes Benefits Package 108

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In today’s dynamic work landscape, where the lines between personal and professional life blur, understanding the intricate interplay between social determinants of health (SDoH) and emotional wellbeing is paramount. Employers must acknowledge that the whole person comes to work and every aspect of a person’s personal and professional life, especially their mental health, comes with them.

Employment

Best Money Moves

OCTOBER 13, 2023

What are employee wellness initiatives? Wellness initiatives can give your benefits plan a powerful boost. Here are 5 key initiatives to try for your team. Eighty-seven percent of employees consider health and wellness benefits when choosing an employer, according to a study by recruiting website Zippia. Adding wellness initiatives programs to your benefits package can provide your company an advantage in attracting talent over your competitors.

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Workplace Insight

OCTOBER 10, 2023

While the use of AI tools in the workplace is rapidly increasing, many organisations are lagging in providing guidance and training in the use of these technologies, according to new survey commissioned by Ricoh Europe. This governance gap comes amidst growing interest within companies to implement automation solutions. The poll of 6,000 workers across Europe, conducted by Opinium, suggests there is a gap between workers’ use of emerging technologies and organisations’ efforts to su

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Employee Benefits

OCTOBER 10, 2023

1. Start with a mental health statement A mental health statement is a written declaration shaped by your organisation that demonstrates your commitment to all mental health matters. It’s a first step towards breaking down the walls of stigma and creating a workplace culture that genuinely cares about the emotional health of its people. The statement should embody your commitment to creating a safe and supportive environment where employees can share their mental health experiences without fear

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Education Employee Benefits Management IT 110

PeopleKeep

OCTOBER 13, 2023

The average American spends a considerable amount of money on healthcare each year. Premium increases, higher deductibles and copays, and soaring prescription drug prices result in spikes in total healthcare costs.

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The pressure is on to create a positive onboarding experience. Plus, a sub-par onboarding process can domino into other concerns such as low performance, burnout (for you and new hires), and retention challenges. Our 2024 State of HR report will give you a realistic picture of the HR landscape and tips to onboarding effectively in the year to come.

Employee Benefit News

OCTOBER 11, 2023

Engage in a dialogue about what benefits are most important, implement family focused offerings and adopt policies that will have a financial impact.

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Employment Employee Benefits 112

Workplace Insight

OCTOBER 9, 2023

New data from Generation , an employment non-profit, and the Organisation for Economic Co-operation and Development (OECD), claims that employers need to radically rethink how they approach midcareer and older workers. The Midcareer Opportunity: Meeting the challenges of an ageing workforce report outlines insights from OECD data and from an eight-country survey of thousands of employers, job seekers, and employees in Europe and the US.

Education 111

Education Recruitment Technology Employment 111

Employee Benefits

OCTOBER 11, 2023

Housing association Aster Group employs more than 1,600 people across a range of roles including development, planning, marketing, customer liaison and sales. The organisation uses focus groups, anonymous feedback and regular pulse surveys to ensure that its benefits scheme applies to everyone. Lyndsay Nickerson, transformation director, people and communications, says: “While surveys are a great way of reaching lots of people, we know they don’t reach everyone easily and they only give us one l

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Voluntary Benefits IT Life Insurance Pension 105

Best Money Moves

OCTOBER 10, 2023

3 ways financial stress impacts employees. Find out how financial stress may be affecting your workforce, and impactful ways companies can help. More than 2 in 3 adults cite inflation, money and/or the economy as a leading source of stress, according to a report from the American Psychological Association (APA). Consequently, over time, financial stress can end up causing physical, emotional and mental health issues for employees of all ages.

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Discover how Color's comprehensive care solution is revolutionizing cancer screening adherence and knowledge. Through an in-depth case study, Color's unique approach to comprehensive cancer care has shown significant benefits in increasing screening rates and enhancing patient knowledge. Participants reported a 2-3x increase in adherence to screening guidelines over just 8 weeks, with 84% of participants increasing their familiarity with timing and frequency of cancer screening.

Utilities

Employee Benefit News

OCTOBER 13, 2023

William Van Faasen, former chairman and CEO of Blue Cross Blue Shield Massachusetts, encourages carriers to prepare to add marijuana to their formularies.

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Insurance Healthcare 110

Workplace Insight

OCTOBER 10, 2023

A new report from workplace consultancy Advanced Workplace Associates (AWA) suggests that organisations could introduce a licensing system to ensure employees have the conditions to deliver high performance and work safely, in a hybrid working model. This follows AWA’s most recent Hybrid Index Report, a study of nearly 120 workplaces in 22 countries, representing 155,000 employees, which found that workers are still only coming into the office an average of 1.75 days a week.

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Health and Welfare Work From Home Consulting Management 110

Employee Benefits

OCTOBER 11, 2023

Mobility app Freenow has introduced new benefits that will give all of its 10,000 UK taxi drivers access to accident and sickness insurance, and compassionate and parental leave. Through a partnership with workplace rewards platform Onsi, formerly Collective Benefits, Freenow employees will be able to access accident and sickness insurance, including accidental death and permanent disablement.

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Parental Leave IT Pension Retail 105

Qandle

OCTOBER 9, 2023

In the dynamic landscape of modern businesses, managing human resources efficiently is crucial for the success of any organization. One essential tool in this endeavor is the Human Resource Manual, often referred to as the HR Manual. This comprehensive document serves as a guiding beacon, outlining the policies, procedures, and expectations that govern the employer-employee relationship within a company.

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Advertiser: Paycor

There’s no way 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. Download the template today!

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