#WorkTrends: AI-Powered Financial Planning for Employees

TalentCulture - Recruiting

The post #WorkTrends: AI-Powered Financial Planning for Employees appeared first on TalentCulture. Listen to the full conversation and see our questions for the upcoming #WorkTrends Twitter Chat. And don’t forget to subscribe to the podcast, so you don’t miss an episode.

Financial Wellness Programs: The Why and How-Tos

JazzHR

Financial wellness is a struggle that many Americans face. While the unemployment and inflation rate have steadily gone down over the years, the National Financial Capability Study shows that the personal finances of Americans have yet to reflect the state of the economy.

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Do Jobseekers Want Financial Wellness Benefits?

Recruiting Daily Advisor

Should employers be offering financial wellness benefits to help ease these burdens and attract top talent? Global human capital management software company, Ceridian, has released its inaugural “ Pay Experience Report ,” which reveals workers are challenged by financial matters that impact life at work and outside of work, including: Prevalence of stress: 80% of North American workers are stressed to some capacity about pay and money issues on a regular basis.

Want to Attract Top Talent? Provide the Best in Employee Benefits: Financial Wellness Plans

TalentCulture - Recruiting

Provide the Best in Employee Benefits: Financial Wellness Plans appeared first on TalentCulture. talentmanagement employee benefits financial benefits financial wellnessThe first quarter is widely known as the biggest hiring season of the year. As you post job listings, interview candidates and narrow down your top choices, you may wonder: In a job applicant’s market, how am I going to ensure that the best and brightest join my team?

How to Leverage Data to Better Your Employees' Health Benefits Selection

Speaker: Darrell Moon, CEO, Orriant

We need to shift away from the focus on purchasing healthcare and instead, focus on how we can create health for our employees. By incorporating dashboards in our benefits selection process, we can watch for trends in benefits and leverage that data to lower costs, retain employees, and attract new talent. Join Darrell Moon, CEO of Orriant, to learn if your benefits selection is meeting your employees' needs.

The Financial Benefits of Becoming an Employer of Choice

Jobvite

For financial institutions, building a positive employer brand is imperative if you want to recruit and retain high-quality talent. Financial institutions need this negative perception to change. Here are just some of the benefits.

Reopening the Workplace with an Eye on Financial Health

Recruiting Daily Advisor

This provides an unprecedented opportunity for employers and HR teams to rethink traditional benefits and support ecosystems. It also highlights the importance of managing that transformation using the lens of financial health. Work is foundational for financial health.

Financial Empowerment Means Asking for the Salary You Deserve. Many Don't Know How.

Entrepreneur - Workplace Diversity

When companies establish financial-empowerment programs, employees and employers experience the benefits. Finance

Make Sure Your Offering Financial Wellness not Financial Illness

HR Technologist - RB

Compensation & BenefitsAmerican workers are struggling with their money. 78% are living paycheck-to-paycheck, nearly half couldn’t afford a $400 emergency.

Q&A: Identity Theft Benefits More Relevant Than Ever

Recruiting Daily Advisor

The 2019 LegalShield Workplace Study was designed to assess awareness, perceptions, and the influence of identity theft protection and group legal plans in the workplace and their impact on employee financial wellness. HR Daily Advisor: What does an identity theft benefit look like?

Hard to Hire: Third-Party Recruiting & the State of Talent Acquisition Report

Some top benefits seen by those respondents that worked with this sourcing option before: Hiring Managers were split. THE BENEFITS. New Zealand 25 MANUFACTURING INFORMATION TECHNOLOGY FINANCIAL SERVICES HEALTHCARE RETAIL/CONSUMER GOODS TOP INDUSTRIES 18% 17% 16% 15% 14% JOB.

Benefit Expert Advocates an Important Part of Your Benefits Communications

Recruiting Daily Advisor

Communicating benefits to your employees is a critical component of any employee benefit strategy. We are very pleased to have with us today Gianna Driver, Chief People Officer at BlueVine , to kick off the content portion of the HR Daily Advisor’s Employee Benefits Week.

When Your Health Plan Serves Up More Financial Exposure Than Your Employees Can Handle

Recruiting Daily Advisor

And, when an employer’s price tag to purchase that insurance for a family now exceeds $20,000 a year, no HR professional likes to hear that the employee “benefit” the company offers has become an employee “liability.”. Consider offering voluntary benefits to fill in gaps.

Businesses Losing $500 Billion Due to Employees’ Financial Stress

HR Technologist - RB

New research shows businesses are losing billions every year thanks to employee financial stress. Benefits Administration

The 5 Best Voluntary Benefits to Offer Your Employees

Recruiting Daily Advisor

Employee benefits. With so much value tied to benefits, employers that go beyond standard perks and offer relevant voluntary benefits to employees create an environment that builds up and cares for its workforce. 5: Student Loan Benefits.

The Elusive ROI of Financial Wellness

HR Technologist - RB

Measuring the success of a financial wellness program from merely the employer standpoint is just doing lip service to their employees. To truly set up a financial wellness program that benefits users, companies must start to measure that success.

HR Guide : 5 Benefits Of Employee Financial Wellness

Rezoomo

FINANCE.All the health food and harmony in the world will come to nothing if an individual is suffering from financial stress. This is why Employee Financial Wellness programmes need to be included as part of a holistic employee wellbeing approach. To help understand why employee financial wellness is so important for your company we’ve put together a Top 5 list of benefits. Financial Worries are a Leading Cause of Employee Stress. 3.Employee Financial Wellness.

Are your employee benefits inclusive?

JazzHR

Solid, comprehensive employee benefits plans are an excellent draw for top talent. They provide health insurance, retirement planning and other useful arrangements that help employees lead healthy and financially secure lives. Some companies also offer soft benefits like gym discounts, pet insurance, and paid volunteer time. Some organizations, however, provide benefits that may not be as all-inclusive and supportive as you’d think.

Benefit Considerations in Uncertain Times

Recruiting Daily Advisor

The initial fallout from the COVID-19 pandemic is putting new urgency on company benefits. As employees look to their benefits offerings, companies are responding in kind by leveraging, expanding, and creating new benefits to answer the needs of their employee populations.

Employers: Give Workers a Financial Cushion Before the Next Recession

HR Technologist - RB

Unfortunately, as the economy hits its stride, Americans’ financial health hasn’t followed suit. Benefits AdministrationRight now, the U.S. economy is almost at full employment.

BrightPlan Launches a Financial Wellness Coach

HR Technologist - RB

Employee Financial Wellness Improves the Top Line and Bottom Line by Maximizing Employee Productivity While Reducing Costs. Benefits Administration

Financial Wellbeing Part II: Fintech Enables Employers To Provide A New Benefit

HR Technologist - RB

High-interest debt taken on by employees living from paycheck to paycheck is a problem HR departments can solve through a combination of technology and the already-functioning payroll system in place in almost all workplaces, large and small. Payroll Administration

TCG Advisors Announces Launch of FinPath, A New Workplace Financial Wellness Benefit

HR Technologist - RB

TCG Advisors launches FinPath, a new workplace financial wellness program designed to empower users to approach their finances with knowledge and confidence. Benefits Administration

Chipotle Announces Mental Health And Financial Wellness Benefits For All Employees

HR Technologist - RB

Chipotle expands healthcare benefits to include mental health & financial wellness for all employees. Health & Medical

Your Employees' Financial Wellness Should Be Your Concern: 3 Reasons Why

HR Technologist - RB

Many employees are stressed due to poor financial wellness. Learn why you should be concerned and how to address this using tech-empowered financial wellness programs. Benefits Administration

How to Build a Financial Wellness Program

Namely - Talent

Wellness has taken the benefits world by storm. According to PwC’s 2017 Employee Financial Wellness Survey , 53 percent of all employees are stressed about their finances, and those who are stressed are more likely to cite health issues as a result. Since income and financial security are key drivers of employee motivation, offering additional resources to help employees gain financial security can have a huge impact on morale, productivity, and retention. Benefits

Businessolver Introduces Goal Accounts; Empowers Employee Financial Well-Being

HR Technologist - RB

The employee benefits solution is fully integrated within Benefitsolver® platform for seamless, customizable financial savings activities. Compensation & Benefits

Why More Companies Will Think of Benefit Plans as ‘Health Hubs’ in 2021

Recruiting Daily Advisor

But, 2020 also gave Human Resources professionals a great opportunity to rethink benefits plans. And they’re engaging with their benefit plan sporadically. I view a health hub as a level up from a benefits plan. Consider reimagining your benefits plan as an engaging health hub.

Employer-Provided Benefits for Remote Workers

Recruiting Daily Advisor

HR teams often put a lot of time and effort into creating benefit packages and perks for employees that help them remain satisfied and engaged at the workplace. Financial counseling. The post Employer-Provided Benefits for Remote Workers appeared first on HR Daily Advisor.

The Importance of Benefits & Perks

Undercover Recruiter

As the talent market becomes more and more competitive, companies are increasing their focus on employee benefits as a tool to attract and retain top talent. Today, rewarding your people is more than just about improving their financial gain. People wanted to be rewarded in ways that benefit their wellbeing and lifestyle. The Importance of Benefits & Perks Undercover Recruiter - Recruiting & Talent Acquisition Blog.

6 Questions to Create Employee-Centered Benefit Plans in 2021

Recruiting Daily Advisor

As HR leaders deliver on 2021 benefits enrollment and already begin to think through 2022, how can they develop benefit plans that place employees at the heart of decision-making? How are you attracting, recruiting, and retaining the best talent by leveraging the benefit plan?

Employee Benefits: The Only Guide You Need

Achievers - Recruiting

The term “employee benefits” is used regularly, but often with a limited, traditional definition in mind. The traditional concept refers to legally mandated benefits plus a few voluntarily added by employers. Employers are responding with a menu of voluntary employee benefits, driven by generational shifts and technology that is dramatically changing the workplace. . What are employee benefits? . Employee benefits are non-salary compensation and perks.

Q&A: Fighting the Benefits Illiteracy Epidemic

Recruiting Daily Advisor

As an HR manager, you’ve likely spent a lot of time putting together your company’s benefits package. You’ve selected exciting new benefits and made sure you have a good balance of health, wellness, and leave packages. How can you make the most of your benefits package? We recently spoke to Marcy Klipfel, SVP of Employee Engagement at Businessolver, concerning the company’s research into benefits illiteracy. HR Daily Advisor: What is benefits illiteracy?

3 Benefits You?ll Need to Offer Post-Pandemic

Recruiting Daily Advisor

Have you reevaluated your employee benefits package since social distancing was implemented? You’ll need new, creative benefits to retain talented employees and snag new superstars. Similarly, other benefits—like generous vacation policies and fitness stipends—won’t feel the same.

During Financial Woes, Should Companies Nix Extravagant Awards?

Fistful of Talent

But if a company is struggling financially, is it right to reward at all costs? In my opinion, it is right to cut costly rewards and it is fair for the achievers who may not benefit from a trip to St. Struggling financially” is a broad term, but here are my Mendoza lines: . The decision to reward extravagantly when financials are impacting the ability to do business breaks trust within the entire employee population.

Student Loan Assistance Benefits Employers and Employees

Recruiting Daily Advisor

Student loan debt casts a wide net and draws in a lot of people: students burdened with financial stress; workers who must reskill and upskill; and employers that must fill skills gaps and are seeking to increase diversity in their companies.

Are You Offering Financial Wellness to Your Employees?

Prism HR

Did you know 25% of employees would most like to see financial wellness added to their employee benefits? And ultimately, financial wellness programs not only benefit the employee, they can directly impact your organization through increased productivity, a reduction in stress-related health claims and employee retention. Employee financial stress can cost your company $2,000 per employee annually 2. Some feel offering financial education is financial wellness.

The Impact of Furloughs on Employee Benefits

Namely - Talent

These changes include daily updates and adjustments to how employers offer healthcare—not to mention the need to make difficult financial decisions to mitigate negative impacts on their business and employees. HR Benefits Compliance News HR Technology

How Financial and Insurance Services Use Recruitment Marketing for Better Results

Jobvite

Attract and hire the best financial and insurance talent. Between significant regulation and compliance, talent shortages, and an ever-changing economy the financial services and insurance industries are facing a few recruiting challenges in 2020.

Companies Are Expanding and Personalizing Benefits to Compete for Talent

Recruiting Daily Advisor

Recent research shows that organizations are continuing to attract and retain top talent by offering personalized and expanded employee health benefits. Specifically, they are focusing on lifestyle benefits that go beyond health care.