There is a growing recognition from employers in the Philippines that benefits matter and can be used to drive attraction, retention and engagement of employees, according to a new survey by Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company. However, currently, only 48% of employees say their benefits package meet their needs.
More than two-fifths (42%) of respondents believe that winter has a negative effect on their mental wellbeing, according to research by Peldon Rose.
No matter what, Gallup and all the other top firms consistently report that only 30-35% of employees are ever engaged. Year after year we wake up to the news that only one-third of employees in America actually enjoy going to work; it’s the new norm for the 21st century. Am I the only one who finds this incredibly depressing and unacceptable? If I may, where are employers failing the other 65-70%?
Employers too have many opportunities for betterment in the New Year. In the area of employee benefits, we offer these four goals for 2018.
Workers want more. That’s a statistical reality; workers across age groups still cite higher pay as a top motivation to move from job to job. And yet, as the concept of work takes on an increasingly more non-traditional form and demographic trends shift toward an unprecedented, five-generation workforce, employers’ thinking often sticks to the same script when it comes to employment perks beyond cash.
It’s looking like 2018 will be the year of HR leadership
The pace of innovation and disruption is accelerating. Digital change agents are instrumental in helping their companies stay competitive, spreading digital literacy, driving collaboration and accelerating progress.
Demonstrators from various Ontario labour unions turned out to Tim Hortons locations on Wednesday in an effort to pressure franchises to reverse cuts to employee benefits implemented in response to the province's minimum wage increase.
Recently, the US Department of Labor (DOL) announced that it will adhere to a new test for determining whether interns qualify as employees under the Fair Labor Standards Act (FLSA). The FLSA requires for-profit employers to pay "employees" for their work; however, whether interns or students qualify as "employees," and, thus, are entitled to compensation for services provided, has been the subject of considerable litigation
A new report shows how digital transformation efforts are being implemented relatively slowly in many businesses. This can be overcome, however, if employees start to act as digital change agents, sharing the new digital values enterprise-wide.
Tis the Season—for New Year’s Resolutions. So many goals—so much frustration.
The successful passage of tax reform is enabling Aflac Inc. to boost its U.S. investments by about $250 million over three to five years, the carrier announced last week.
While demand for top flight cyber talent is hotter than ever, top line recruitment is often hindered by outdated and uninspired compensation planning. Let’s go inside the latest report findings from cybersecurity search firm CyberSN.
As we move towards a paperless -- and email-free workplace, how will the office of the future look in five years time?
How accepting change and adversity have served as secret allies in business for Veera Sekaran, founder of Greenology.
The next competitive frontier is employee experience (EX) and the signs indicate so strongly that EX will become the next priority for organizations that I’m calling 2018 The Year of Employee Experience.
HR tech, meet HR’s vast life cycle. And it takes a special kind of manager these days to marry the two.
You’ve heard about it. You’ve seen the results. Maybe you’ve even been part of a rebranding effort. But do you really understand what branding means?
As employers continue to battle healthcare costs, many are changing to consumer-driven plans, such as health savings and health reimbursement accounts. For the shift to be successful, employees must understand it is more than shifting costs on to them.
I moved to California in January 2017. I had worked for the international office of an East Coast university for several years and landed the Bay Area with hope for a change.
When it comes to giving performance feedback why wait until an annual review? Seems almost ridiculous to wait a WHOLE year to give feedback on every little thing but the crazy thing is, a lot of companies are still doing this.
Lifestyle-management programs can help people with, or at risk of developing, Type 2 diabetes
A few books on business that stood out above the rest this year.
PeoplesBank was in news again recently, bringing more ‘top employer’ honors, this time from both the Boston Globe, again, and the Employers Assoc. of the NorthEast, also again.
The climb toward a $15 minimum wage in Minneapolis begins Jan. 1, when workers at the city’s largest employers will start earning no less than $10 an hour.
Fifth Third Bancorp announced plans today to raise its minimum hourly wage for all employees to $15, and distribute a one-time bonus of $1,000 for more than 13,500 employees.
The drastic pay disparity between Catt Sadler and her E! News co-host Jason Kennedy — who she learned was making “double” her salary for “several years” — is the result of a “cultural norm,” according to a human resources expert.
What new Microsoft Teams' new voice calling software adds to the platform and how you can use it.
Whether due to economic uncertainty, changes within the business or simply a need to improve efficiency, all businesses will at some point need to implement people-related change. Our webinar focuses on two key areas of change management: redundancy and changes to terms and conditions.
The word of the day was ‘firestarters.’ An unusual expression for the more often used ‘brand ambassadors,’ firestarters captured the imaginations of attendees at the Employer Brand Management conference last week.