Employee Benefit News

DECEMBER 14, 2023

The chief well-being officer from EY and chief people officer from Headspace reveal what benefits will be vital to employee productivity and retention.

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Employee Benefits 116

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.

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PayrollOrg

OCTOBER 12, 2023

On October 12, the Social Security Administration announced that the 2024 social security wage base will be $168,600, which is an increase of $8,400 from $160,200 in 2023.

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Achievers

JANUARY 31, 2023

Employees and job candidates now look far beyond salary when deciding whether to remain at or join an organization. While great compensation and benefits still matter, factors like inspired company culture, and truly engaging work are more important than ever. In short, people are looking for a great employee experience that lasts from the moment they apply for a job until the day they leave the organization.

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Advertiser: Paycor

What type of worker is most engaged—hybrid, remote, or onsite? What are the drivers of effective leadership? What does the C-suite think HR is most responsible for? And why is a wave of HR resignations more likely in the next 12 months? Get our annual survey report to find out: The #1 challenge of recruiting & hiring Why remote teams are struggling What are the drivers of effective (and ineffective) leadership And lots more!

Recruitment

Employee Benefits

SEPTEMBER 14, 2023

Competition for talent was cited by three-quarters (77%) of employers as a key issue influencing their benefits strategy , according to research by global advisory, broking and solutions firm Willis Towers Watson (WTW). Its Benefits trends survey , which surveyed 339 UK organisations across a range of industries about their benefit strategies, also found that despite 45% of UK employees favouring workplace benefits that support long-term finances and retirement, more than half of employer respo

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Employment Finance Salary Employee Benefits 122

Vantage Circle

DECEMBER 21, 2023

Creativity is intelligence having fun. - Albert Einstein Behind every successful company lies a secret ingredient: a creative company culture that fosters innovation and empowers its employees to think outside the box. Imagine a workspace that transcends the confines of cubicles. A place where people passionately build the future together because they love what they get to do every day.

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Employee Benefits

JUNE 9, 2023

By Tracey Ward, Head of Business Development & Marketing at Generali UK Employee Benefits Over 2 million people in the UK with self-reported Long Covid have now had symptoms for at least a year. It can present significant challenges in the workplace because, unlike with long-term conditions such as cancer and diabetes, the prevalence rates for Long Covid are greatest in the working age population (35-69 years).

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PayrollOrg

OCTOBER 27, 2023

Effective January 1, 2024, employees in California will be entitled to additional paid sick leave.

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Paid Sick Leave 232

HR Digest

DECEMBER 26, 2023

Google is setting up to fire employees all over again, despite the 12,000 workers who were laid off this year already. The reason? According to LiveMint , a report first published in The Information indicates that Google’s AI-powered ads have grown so self-sufficient that they no longer require as many individuals to oversee its functioning, making Google lay off employees who no longer have a necessary role at the company.

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About 40% of us will be diagnosed with cancer in our lifetime, and patients are getting younger. At the same time, the cost of treatment continues to rise, with employers spending 8.5% more on cancer care for each employee than they did last year. The best thing employers can do for their employees and business tomorrow is to invest in cancer detection and care today.

Employment

BetterUp

FEBRUARY 22, 2023

Jump to section What is imposter syndrome? What causes imposter syndrome? Characteristics of imposter syndrome Types of imposter syndrome What kind of imposter are you? 15 questions to help you find out How to deal with imposter syndrome 10 tips for dealing with your imposter syndrome Bias and imposter syndrome The prevalence of imposter syndrome and why it matters “Any day now, they’re going to realize what a mistake they made in hiring me.

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TalentCulture - Employee Benefits

DECEMBER 19, 2023

There’s nothing like having skin in the game to keep you focused, motivated, and engaged. Just ask any business owner. This logic extends to employees, as well. As an increasing number of companies are discovering, an employee ownership structure is a highly effective way to foster a culture of engagement and accountability. Including employees at […] The post The Outsized Impact of Employee Ownership on Company Culture appeared first on TalentCulture.

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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.

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Employee Benefits 120

Business Management Daily

MAY 3, 2023

Poor communication in the workplace can happen at any and every level. Regardless of whether it involves top brass or a brand-new hire, the result is often an undesirable mess. But what does poor communication look like? Many people might explain it differently, yet we typically recognize it when we see it. In order to improve communication , it’s necessary to understand what poor communication skills look like and their negative impact on the workplace.

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Game Plan Total Rewards provides strategic consulting and project management services for Total Rewards, HR Operations, and Mental Health programs. From 50 to 50,000+ employees, all industries, we are experienced in working with all sizes and types of organizations and can support globally given our experience in over 30 countries.

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Workplace Insight

SEPTEMBER 7, 2023

An overwhelming majority of business leaders (94 percent) admit to some form of ‘tech anxiety’ when it comes to AI and other technology, according to a new survey from Kin + Carta. This anxiety is on the rise as the pace of digital and technological change accelerates, and is prompting top executives to invest more in digital transformation, according to the survey.

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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.

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Genesis HR Solutions

MAY 10, 2023

We’ve talked about the importance of an employee handbook from our perspective, but we thought it would be interesting to hear directly from CEOs, business owners, and HR managers about how employee handbooks have made a difference at their companies. Check out their perspectives below—you’ll likely find something that surprises you! Unfortunately, most employers don’t have a handbook that thoroughly addresses the processes and activities of their employees.

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Proskauer's Employee Benefits & Executive Compensa

OCTOBER 27, 2023

In late 2022, the U.S. Department of Labor (the “DOL”) issued final regulations (the “Final Rules”) which address the extent to which ERISA plan fiduciaries may consider environmental, social and governance (“ESG”) factors when making investment decisions and exercising shareholder rights, such as voting proxies, on behalf of ERISA-covered plans. For a detailed discussion of the Final Rules, see here.

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The first report from Gallagher’s 2024 US Workforce Trends Report Series, includes data from 3,500+ employers who participated in the 2024 US Benefits Strategy & Benchmarking Survey. The report provides benchmarks for benefits, HR and people strategies to help organizations thrive. Organizations continue to rank retention as the top priority for HR, and second highest for operations.

Employment

Employee Benefits

NOVEMBER 22, 2023

An employment tribunal has ruled that stress can be considered disability without a formal mental health diagnosis from a doctor. At a preliminary hearing to discuss a case brought against Aneurin Bevan University Local Health Board, the tribunal panel in Cardiff found that claimant Mrs Phillips could be considered disabled under the Equality Act 2010.

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PayrollOrg

OCTOBER 24, 2023

Starting November 1, employers must use the version of Form I-9, Employment Eligibility Verification, with an edition date of 8-1-23.

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Employment 239

HR Digest

JANUARY 9, 2023

As the world continues to evolve at a rapid pace, HR trends in 2023 are expected to follow suit. From the incorporation of technology to shifts in company culture, HR professionals and thought leaders are keeping a close eye on what the future holds for the industry. One of the biggest global HR trends for 2023 is the increasing importance of diversity, equity, and inclusion.

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BetterUp

APRIL 27, 2023

Communication skills are some of the most utilized and the most sought after in the workplace. They’re essential for leaders and individual contributors to hone. Looking at our largely remot and hybrid work environments, great communication skills make the difference between connected, agile teams, and teams who fail to collaborate, stay aligned, and achieve common goals.

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Utilities 131

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Ready to boost employee happiness, improve inclusion, and make a positive impact on morale? From fostering cooperation and collaboration to promoting inclusivity and community impact, our checklist covers it all! Create the kind of workplace where employees feel valued, motivated, and invested in your success.

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TalentCulture - Employee Benefits

OCTOBER 23, 2023

The Problem With Grind Culture In recent years, “hustle” and “grind” culture have become equated with drive, ambition, and success. The logic is that if you are not incessantly working, you won’t meet your goals. Grind culture also ties a person’s worth to the product they produce. However, it comes at the expense of individual […] The post Grind Culture Isn’t Working.

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Benefit Resource Inc.

MARCH 28, 2023

An employee terms and you notify your COBRA administrator of the qualifying event. A letter goes out and you are done, right? Well, yes and no. It is important that a COBRA Qualifying Event Notice is: (1) provided to required individuals and (2) contains the appropriate details regarding COBRA coverage and election rights. Who needs to receive a COBRA qualifying event notice?

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Insperity

MARCH 2, 2023

Whether you’re a seasoned manager, recently promoted into a leadership role or you are responsible for an entire team of leaders, everyone should be asking the same question: How can I (or we) exercise more effective, influential and empowering leadership? The answer tends to lie in management style : Is your approach to leadership geared for the “traditional” boss?

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Workplace Insight

NOVEMBER 29, 2023

Over the past week or so, this image has gone viral on social media. It is of a group of Bauhaus design students from around 1927. They are called Martha Erps, Katt Both and Ruth Hellos. The full image (reproduced below) shows them with legendary office furniture designer Marcel Breuer, who Erps would later marry. The story of the photograph can be found here.

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Advertiser: Paycor

Benefits are central to any HR strategy. A strong benefits package attracts top talent, boosts engagement, and retains top performers.

Benefits Package