Leveraging Benefits in Post-Coronavirus Compensation
In response to the coronavirus (COVID-19) pandemic, many organizations have been faced with making tough decisions—often leading to layoffs, furloughed employees and reduced pay.
In response to the coronavirus (COVID-19) pandemic, many organizations have been faced with making tough decisions—often leading to layoffs, furloughed employees and reduced pay.
The coronavirus (COVID-19) pandemic has upended the entire world, it seems. With fluctuating infection rates and conflicting official guidance, organizations will need to adapt quickly if they want to succeed in the post-coronavirus landscape.
The National Alliance for Caregiving and AARP estimate that 70% of working caregivers suffer work-related difficulties due to their dual roles. Moreover, caregivers are forced to miss an average of 6.6 days of work annually because of their caregiving responsibilities.
The month of December can be both a festive and frantic time for employers. Business leaders are likely feeling the pressure of year-end responsibilities, while employees may feel the burden of meeting deadlines for professional obligations.
Employees’ emotional and mental wellness is just as important as their physical health when considering workplace productivity, engagement, retention and growth.
In my recent interview with Gregg Stebben, host of The Heartbeat of Main Street, I discussed common HR issues around the holidays, and what conversations companies should be having this time of year to handle the season in a successful way and to avoid pitfalls.
When a tragic event strikes, it is reassuring to know that there is a system in place to assist employees. Employee Assistance Programs (EAP) are designed to provide support for employees that are navigating life issues that may impact their ability to come to work and be productive in the workplace.
Employees who have a high sense of well-being can improve teamwork, productivity, employee satisfaction, and the company’s bottom line. Well-being includes physical wellness, mental wellness, and social wellness. Human Resource leaders are now being encouraged to develop programs that encompass all three of the components that make up an individual’s well-being.