Benefits and compensation packages play a major role in employee happiness and retention. Forbes found that employees have been prioritizing paid leave, reproductive benefits, menopause benefits, and family forming benefits. But, the bottom line that most workers look for in an employer is “benefits transparency.” As a leader, do you measure up to these expectations?
While preparing for the new year, let’s take a look back at HR Daily Advisor‘s best benefits and compensation content of 2024.
Pay Equity
HRDA Shorts: What Is a Challenge That Organizations Face in Establishing Pay Equity?
While equal pay is morally and socially responsible, there are still countless challenges in making the practice a reality. Sarah Deveraux, Leadership Coach and Advisor at Third Coast Coaching & HCI Facilitator, shares one challenge in establishing pay equity.
The Rise of Pay Transparency: Navigating New Laws and Changing Workplace Norms
Ultimately, pay transparency can foster a more equitable workplace, benefiting both employees and employers by building trust and encouraging more informed job negotiations.
HR Works Podcast: Show Me The Money! The Rising Trend of Pay Transparency
Next Level Benefits’ Lauren Winans returns for a conversation about the impact pay transparency is having across HR and hiring teams, and its emergence as a compliance trend within the modern workforce. Listen as Lauren discusses the benefits employers can draw from embracing a proactive and productive pay transparency process and conversely, how it can ‘go off the rails’ when not treated with intentionality and proper communication across an organization’s prospective and existing workforce.
Health & Wellness
HR Works Presents A Seat at the Table: Menopause in the Workplace
A recent Mayo Clinic study found that 15% of women cut back on hours or missed work entirely due to their menopause symptoms, costing them about $1.8 billion a year. Joanna Strober, is passionate about discussing menopause at work.
Companies Explore the Limitations of EAPs Amid Mental Health Crisis
As companies grapple with the well-being crisis, there’s a growing recognition that traditional Employee Assistance Programs (EAPs) may no longer be enough to meet this challenge. Instead, innovative solutions that offer comprehensive and accessible support are coming to the fore.
HR Query: How to Manage PTO Effectively in 2024
Tiffany Gamblin, Director of HR Business Services at Paycom, discusses how time off requests and management impact an entire company, why time-management platforms are critical to keeping staff engaged and happy, and more.
Burnout
Tackling Employee Burnout – Apple’s Approach
Burnout is an increasingly prevalent issue in today’s fast-paced business world, affecting employee well-being and productivity. Recognizing this challenge, Apple, a well-established leader in innovation, has implemented a surprisingly simple yet effective strategy to combat employee burnout.
Darlyne Keller, President and CEO of Rock Valley Credit Union, weighs in on what leaders can do to improve employee wellbeing.
HR Work Break: Battling HR Burnout Part 1
Sarah Devereaux, Co-Founder and Executive Coach at White Pine Leadership Collective & HCI Facilitator, joins HR Work Break to discuss the particular strain on HR professionals, signs of burnout, and how organizational culture plays a role in this issue.