Money Talk

JUNE 5, 2024

I recently attended a webinar about women’s finances presented by the FINRA Investor Education Foundation in cooperation with the New York Public Library. The webinar began with a justification for focusing on financial planning for women. Among the statistics that were presented from various studies are the following: ¨ 37% of women have high financial knowledge (vs. 57% of men) ¨ 59% of women feel anxious about their finances (vs. 52% of men) ¨ 48% of women (vs. 40% of men) find it very or som

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401(k) Finance Taxes Utilities 311

HR Bartender

MARCH 28, 2024

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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Health Human Resources Technology Management 171

HR Digest

MAY 9, 2024

The Nike layoffs announcements from back in February will soon finish taking shape in June, as 740 employees from their World Headquarters in Oregon will be asked to leave. The company had announced a 2 percent reduction of the workforce, targeting a reduction of at least 1,600 employees over time. Nike’s layoffs within its workforce are part of a much larger cost-cutting strategy after their last annual report in December did not see profitable results to the degree the company had expected.

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Employee Benefit News

JULY 17, 2024

While the revival of traditional pension plans faces significant hurdles, the exploration of hybrid solutions and innovations in retirement planning could provide a path forward.

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Pension Retirement Plan IT Employee Retention 116

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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

Workplace Insight

JULY 16, 2024

Dry, uninspiring offices and long, costly commutes are principal causes for a lack of office-based working, according to a new poll. The survey, commissioned by design and fit-out firm Peldon Rose claims that 1 in 3 (34 percent) office-based workers in London have a ‘nightmare journey’ into work each day, which ultimately deters almost half (46 percent) from travelling into the office.

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Commissions Technology IT 116

Vantage Circle

JULY 9, 2024

Have you ever wondered why employees keep leaving despite the company’s best efforts to retain them? This challenge is more common than you might think, and it highlights the importance of understanding the benefits of employee retention in today's business environment. Companies with high retention rates enjoy a plethora of advantages, from substantial cost savings to enhanced productivity and a stronger company culture.

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Employee Retention Bonuses Recruitment Retirement Plan 109

International Foundation of Employee Benefit Plans

JULY 23, 2024

The frequency and costs of data breaches continue to rise globally, with the average price tag of a data compromise reaching US$4.45 million in 2023, according to a recent report from IBM Security. Cyber insurance can help protect your organization from bad […] The post Cyber Insurance: Do You Have It? Do You Need It? appeared first on Word on Benefits.

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Insurance IT Employee Benefits 100

BetterUp

JULY 15, 2024

You've likely heard the saying, “The whole is greater than the sum of its parts.” And while Aristotle was not referring to teamwork, the statement expresses the main goal of building a great team. The importance of teamwork lies in its ability to achieve far more than individuals working alone. Why is teamwork important in the workplace? It combines diverse skills and perspectives, enhancing creativity and problem-solving, while boosting employee engagement and morale.

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IT 105

PeopleKeep

JULY 22, 2024

A robust benefits package that includes health coverage is an important recruiting tool for every employer. However, soaring medical costs can make offering health benefits challenging for small business owners with limited budgets. Luckily, health reimbursement arrangements (HRAs)— specifically the qualified small employer HRA (QSEHRA)—can help small employers overcome this challenge.

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Benefits Package Medical Taxes Insurance 97

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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

CorpStrat

JUNE 24, 2024

Are your Employee Benefits bundled with one of the big payroll companies like Paychex, Gusto, ADP, or Zenefits? If so, there’s a good chance you’re not getting the service you deserve. These giants often push businesses into rolling their employee benefits with them, banking on the fact that most people aren’t fully aware of what they need or deserve.

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Employee Benefits Payroll Benefit Providers Banking 105

Hppy

FEBRUARY 21, 2024

Paul J Meyer, famously considered the founder of the self-improvement industry, once said, “ Productivity is never an accident. It is always the result of a commitment to excellence, intelligent planning, and focused effort.” These words encapsulate the essence of a truth universally acknowledged in both personal and professional development realms.

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Utilities Software Consulting Government 98

TalentCulture - Employee Benefits

JANUARY 15, 2024

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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Human Resources Employee Wellness Education Taxes 124

HR Digest

JANUARY 3, 2024

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

Transportation 142

Transportation Pension Government Employment 142

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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.

Consulting

Employee Benefit News

JULY 22, 2024

From friendly competition to recognition to making salsa from scratch, workers thrive when they participate in intentional relationship-building experiences.

Employee Retention 106

Employee Retention Management 106

Workplace Insight

JULY 11, 2024

The integration of Artificial Intelligence into the workplace is not just a technological shift; it’s a fundamental reimagining of how we work, interact, and manage our professional environments. As AI capabilities rapidly evolve, they promise to transform every aspect of workplace design and management, from physical layouts to organizational structures and employee experiences.

Management 118

Management Technology IT 118

Employee Benefits

JULY 16, 2024

Multinational telecommunications firm BT Group is to roll out a new family leave policy for its UK employees from 1 January 2025. The group’s new family leave policy is aimed at levelling up paid leave for any parent welcoming a new child. Regardless of how their family is made up, all employees will be able to take 18 weeks’ leave on full pay , eight weeks of half pay and 26 weeks at the statutory rate.

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Telecommunication Paid Leave Retail Bonuses 111

Vantage Circle

JULY 19, 2024

Discipline forms the backbone of a productive and thriving workplace. However, the real problem arises when employees disregard company rules and act on their own. This creates a crisis and addressing it becomes crucial for the organization. The central challenge lies in striking a delicate balance between correction and motivation. Navigating these complexities of employee discipline for HR professionals proves to be a formidable task.

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Construction Management Employment IT 104

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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

International Foundation of Employee Benefit Plans

JUNE 26, 2024

In June 2023, the labor force participation rate for women in their prime working age (ages 25-54 according to the data) reached an all-time high of 77.8%. Crafting benefits and a supportive work environment for women at every life stage can help create […] The post Spotlight On: Women’s Health in the Workplace appeared first on Word on Benefits.

Employee Benefits 106

Employee Benefits 106

BetterUp

JULY 23, 2024

So much potential power comes from holding a position of leadership. But when you switch to a new organization — or if you lose the title that gave you this power — you lose all of the positional power that came with your title.

Management 98

Management 98

Best Money Moves

JULY 8, 2024

5 ways to motivate your employees to save money. Help employees save money with financial wellness programs, benefits communication, retirement plans and more. Financial experts generally recommend having three to six months’ worth of expenses in an emergency fund to help cover unexpected costs. However, for many employees, putting this advice into practice is easier said than done.

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Retirement Plan Deductions Deductible Payroll 102

HR Digest

MAY 15, 2024

In this comprehensive guide, we will delve into the intricacies of what training needs analysis is, and explore its various components, best practices, and the step-by-step approach to implementing it effectively. Whether you’re a seasoned HR professional or a business leader seeking to optimize your training programs, this article will provide you with the insights and strategies necessary to elevate your organization’s learning and development initiatives as you learn how to conduc

Technology 132

Technology Health Utilities Management 132

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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.

IT

HR Digest

FEBRUARY 10, 2024

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

Technology 129

Technology IT 129

HR Digest

JULY 17, 2024

In the latest updates to the job cuts occurring this year, one of Microsoft’s DEI teams has just been let go. DEI job cuts have grown in number since 2023, and Microsoft is not the first company to make the move, however, the increasing number of cuts is causing employees to become concerned. The decision came to light after the team lead sent out an email to other staff members at the organization, sharing their thoughts on the move.

Media 111

Media IT 111

Employee Benefits

JULY 23, 2024

IT service management business Softcat, hotel chain Hilton and biopharmaceutical firm Bristol Myers Squibb have been named some of the UK’s Best Workplaces for Women 2024. The list is produced by global workplace culture firm Great Place To Work. It used its trust index employee survey and analysed the responses of more than 80,000 UK-based female workers.

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Education Employee Benefits Management Employment 105

Workplace Insight

MAY 28, 2024

Concrete and steel production are major contributors to global CO2 emissions, but a new technology from Cambridge University offers a promising solution: recycling both materials simultaneously. This innovative process involves using old concrete in steel-processing furnaces to not only purify iron but also generate “reactivated cement” as a by-product.

Construction 119

Construction Government Technology Architecture 119

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Saving for retirement is no easy task, and as an employer we know you want to help your employees get what they need out of their retirement benefits. With a health savings account (HSA), you can relieve the burden of health care costs for both you and your employees. With our new report, “Using an HSA to Save for Health Care in Retirement,” you can get insights on the costs of a modern retirement and dive into the details of the triple-tax benefits HSAs offer.

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