2024

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The 800-Pound Gorilla

Florida Workers' Comp

Sometimes we struggle with challenges we don’t perhaps fully understand. At times, forces conspire against us, consciously or not. Life is a journey filled with uncertainty, misconceptions, and mysteries. But frequently, the problem is all too clear, an 800-pound gorilla in the room. The world of work faces a systemic dilemma in the midst of the third decade of the 21st century.

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Transparency Is an Important Part of the Employee Experience

HR Bartender

Estimated reading time: 4 minutes I saw this headline recently on CNBC – “ Over half of employees have no idea how their companies are using AI ”. We know AI (artificial intelligence) is a regular headline in today’s news. This article shared the results of a survey that said: Companies estimate that 70% of their workforce will use AI by 2028. 75% of employees would be more excited about AI if the company was more transparent about how the technology is being used. 54% of employees have no idea

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The Swedish Strike against Tesla Persists with No Clear End in Sight

HR Digest

Promoting collective action is the hallmark of a labor union and the current Swedish strike that Tesla is facing is an obvious testament to that fact. The strike against Tesla began on 27 October when a company subsidiary refused to sign a collective agreement with IF Metall—a labor union that represents the Tesla mechanics in the region. Elon Musk, co-founder and CEO of Tesla, has long stood firmly opposed to labor unions, stating that they created negativity within a company, despite unions be

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Virtual meetings can boost wellbeing and performance

Workplace Insight

Virtual meetings – often derided as impersonal and prone to technical glitches – can improve employee wellbeing and performance, a new study led by a Trinity Business School researcher has found. The research, conducted alongside Karin S. Moser (UniDistance Suisse, University of Queensland), Stefan Diestel (University of Wuppertal) and Isaac Alshaikh (South East Technological University Waterford), conducted during the ongoing shift to hybrid work environments and just published in the Journal o

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Want To Enhance Your Total Rewards To Achieve Organizational Success? Start Here.

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

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Poor mental health in the workplace cost UK economy £102 billion in 2023

Employee Benefits

Poor mental health in the workplace cost the UK economy £102 billion in 2023, according to research by Axa UK. The healthcare group’s fourth annual Mind health study , which surveyed 16,000 people aged 18 to 74 from 16 European, Asian and American countries, also found that around £26 billion was lost to the UK economy from employees taking sick days last year, and a further £57.4 billion from workers being less productive due to work-related mental health conditions.

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3 Strategies to Boost Workforce Mental Health

TalentCulture - Employee Benefits

Are you bracing for “Blue Monday“? The third Monday in January has become notorious as the saddest day of the year. Its dubious reputation stems from a perfect storm of seasonal factors that conspire against us — dreary winter days, post-holiday debt, and failed New Year’s resolutions. But debilitating sadness often lasts more than a […] The post 3 Strategies to Boost Workforce Mental Health appeared first on TalentCulture.

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National Employee Benefits Day Is April 2—How You Can Celebrate

International Foundation of Employee Benefit Plans

National Employee Benefits Day is April 2. For 2024 the focus is on how workplaces can create community to combat loneliness and foster belonging. Get resources in today's blog. The post National Employee Benefits Day Is April 2—How You Can Celebrate appeared first on Word on Benefits.

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The Importance of Employee Recognition: With Statistics and Examples

Vantage Circle

We all know that employee recognition is all about appreciating and rewarding the hard work and achievements of your employees. But do you know why is employee recognition important? It extends far beyond merely creating a positive and motivating workplace atmosphere. Employee Recognition serves as a fundamental cornerstone for organizational success.

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Can employers solve the child care crisis?

Employee Benefit News

Working parents spend 20% of their income on child care — if they can even find it. Employers can offer a helping hand, and better benefits and workplace support.

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How to Build the Ideal HR Team

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.

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California District Court Denies Motion to Dismiss 401(k) Excessive Fee and Underperformance Claims

Proskauer's Employee Benefits & Executive Compensa

A California district court recently denied a motion to dismiss claims that the fiduciaries of a 401(k) plan breached their ERISA fiduciary duties of prudence and loyalty by selecting underperforming, high-cost investments and causing the plan to pay excessive fees for services. The decision is notable for illustrating how pleading standards in investment performance and excessive fee litigation vary depending on jurisdiction.

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What is Time and Attendance Management in HR?

Darwinbox

Time is a precious resource, especially within the realm of human resources (HR). Effective time management is vital for organizations to run smoothly and efficiently. This is where time and attendance management comes into play. This article provides an overview of the importance of time and attendance management in HR. It discusses the benefits of implementing a time and attendance management system and the various features that can be utilized.

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All Artificial Intelligence Is Not the Same

HR Bartender

Estimated reading time: 3 minutes A few months ago, we published an article about whether it’s okay for job seekers to use artificial intelligence to get help with their job search. I hope you’ll check it out. The reason I wrote the article is because recruiters were saying that they can tell when someone is using artificial intelligence (AI) to write their resume.

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Employee Reskilling Is The Answer to the Talent Shortages At Work

HR Digest

The need for reskilling and upskilling in the working environment has been at the forefront of many HR conversations and employee reskilling especially is likely to require considerable investments in the upcoming years. While keeping up with changing times has always been a necessary consideration regardless of the industry, the rapid upsurge of technology recently has really highlighted the need for reskilling programs in order to understand how to do a job you might have been doing for years

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The Essential Performance Review Checklist

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.

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A just in time lesson about office design

Workplace Insight

The nascent years of new ways of working in the late 80s and early 90s coincided with a widely held but soon to be discarded belief that the Japanese had cracked management practices. So it was perhaps inevitable that the principles of a process called just in time manufacturing – most famously applied in the factories of Toyota – should migrate to new forms of office design and the rapidly developing practice of flexible working.

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How to support employees’ health and wellbeing in the winter months

Employee Benefits

Regular breaks during working hours can help to avoid burnout and boost employees’ physical wellbeing. Employers can support employees suffering from seasonal affective disorder by rearranging the workplace to maximise natural light or enable them to sit near a window. Organisations can implement discount schemes that save employees money on essentials to eliminate stress.

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Can you put non-family members on your health insurance?

PeopleKeep

In most cases, health insurance plans cover the policyholder and their immediate family members. However, some individuals may be able to add non-family members to their plan if they meet some very specific criteria. If you're curious about adding non-family members to your health plan, you need to understand the potential implications, limitations, and requirements for dependent coverage.

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What is People Analytics, and how does it benefit HR?

Business Management Daily

What makes a great manager? How can you improve employee engagement ? Is your talent acquisition up to par? There’s one thing these questions all have in common: you can answer them all by digging into your people analytics. What is people analytics? It refers to analyzing your organization’s employee data to make smarter, data-driven decisions to improve your operations and reach your business goals.

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An HR Leaders Guide: 7 Questions To Ask When Developing Your Cancer Strategy

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?

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30 Interview Questions for Managers (With Answers)

BetterUp

Jump to section 3 tips to ace management position interview questions 20 common interview questions for a manager position 10 essential questions for interviewers and hiring managers Lead through your words

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6 Employee Recognition Examples For 2024

Vantage Circle

By integrating employee recognition strategies into plans, companies can harness the force of acknowledgment to cultivate a corporate culture that draws in, motivates, and retains top performers. From personalized thank-you note and peer-to-peer shoutouts to inventive methods like flexible work arrangements, the examples of employee recognition are many.

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What Is Talent Management? Best Tips for a Successful Strategy

Qandle

Talent management is the strategic process of attracting, developing, motivating, and retaining skilled individuals within an organization. It involves recruiting the right talent, providing opportunities for growth and advancement, fostering motivation through recognition and rewards, and creating a supportive work culture to encourage employee loyalty and commitment.

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Notice 2024-02: IRS Offers Guidance on (Some) SECURE 2.0 Questions

Proskauer's Employee Benefits & Executive Compensa

Approximately one year after Congress enacted the SECURE 2.0 Act of 2022 (“SECURE 2.0”), the IRS issued Notice 2024-02 , which addresses SECURE 2.0 implementation issues and extends the plan amendment deadline. Although Notice 2024-02 offers helpful guidance for employers and plan administrators, it does not include hotly anticipated guidance on SECURE 2.0 overpayment and student loan repayment match details, which will hopefully be covered in a future IRS notice.

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6 Steps to a Better Compensation Strategy

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.

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Are You Actually Covered? It’s Time to Evaluate Your Group Disability Insurance

CorpStrat

If your company provides Employee Benefits, there’s a good chance you’re enrolled in a Group Disability Insurance plan. At CorpStrat, we’ve been in business for over three decades and have designed benefit programs for numerous companies from every industry under the sun. We’ve observed a common trend: many Group Disability programs are neglected and outdated.

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Educate Employees to Practice Better Cybersecurity

HR Bartender

Estimated reading time: 4 minutes As you may know, Mr. Bartender and I are fans of the Marvel Cinematic Universe (MCU). Lately, we’ve been getting caught up on older episodes of the show Jessica Jones. One of the episodes we watched recently showed private-investigator Jessica breaking into a morgue to gather information about someone and she needed to access the computer.

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Corporate Etiquette 101: How to Write a Professional Email

HR Digest

Stepping into the corporate world is always an unnerving experience, and one of the most immediate skills you’re expected to pick up is how to write a professional email. If you think this involves saying “Ma’am” every chance you get and signing off every email with your name and designation in case the receiver forgot who you were, then you’d be right in making that assumption.

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Biophilic design has a long history and an even bigger future

Workplace Insight

There are plenty of definitions of the modish concept of biophilic design around right now. But perhaps nobody can top that of Erich Fromm, the sociologist and psychoanalyst who first described it in his 1973 book The Anatomy of Human Destructiveness as “The passionate love of life and all that is alive”. The term biophilia was later popularised more dryly in a 1984 book by the biologist Edward O.

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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.