Menu
Log in

Hot Topics in Total Rewards

  • 31 Aug 2020 1:17 PM | Bill Brewer (Administrator)

    Shake Shack to offer year-end bonuses to employees | Fox Business

    The fast-casual burger chain will grant payments ranging from $250 to $400

    By Thomas Barrabi | Published August 21, 2020

    Shake Shack will offer year-end bonuses to its employees as it continues to recover from the coronavirus pandemic, according to multiple reports this week.

    The fast-casual burger chain will grant payments ranging from $250 to $400, Nation’s Restaurant News reported. The employee’s position will determine the size of the payment.

    "Taking care of our teams has always been a core tenet of Shake Shack - we couldn’t do this without them,” the company said in a statement to the publication.

    The year-end bonuses were announced days after Shake Shack ended a 10 percent hazard pay bonus that employees received during the pandemic. Employees were eligible for the premium pay from the end of April until Aug. 19.

    Shake Shack said the increased pay program helped to maintain staffing at the height of the pandemic. Aside from the year-end bonuses for all employees, the company said it will be “guaranteeing bonus payments to all managers” in the third and fourth quarter.

    Like many restaurant chains, Shake Shack has struggled to generate revenue during the coronavirus pandemic. The company’s same-store sales plunged 49% in the second quarter. Overall revenue plunged nearly 40% to $91.8 million.

    The company has stepped up efforts to alter its business in the current climate, announcing plans to open its first-ever drive-thru location in 2021.

    ***** ***** ***** ***** ***** 

    Source: Fox Business

    https://www.foxbusiness.com/markets/shake-shack-year-end-bonuses-coronavirus

  • 25 Aug 2020 8:23 AM | Bill Brewer (Administrator)

    AUTHOR: Sheryl Estrada | PUBLISHED: Aug. 25, 2020

    Dive Brief:

    • Salary increases for employees at many companies in the U.S. are on the horizon for 2021, according to the 2020 General Industry Salary Budget Survey conducted by Willis Towers Watson Data Services released Aug. 17. Amid compensation planning, most employers surveyed are expecting "a turn toward normalcy in 2021," the global advisory, broking and solutions company found. 
    • About 7% of companies are not planning pay increases in 2021, "down significantly from 14% this year," according to Willis Towers Watson's survey of 1,010 companies conducted mid-May through late-July. Companies surveyed projected the average salary increase next year will be 2.8% for non management, management and exempt employees. However, hourly and nonexempt salaried employees and executives are expected to receive a 2.7% increase. Performance continues to play a major role in salary increases. "Stars" or employees receiving the highest possible rating were granted an average increase of 4.7%, compared to an average of a 2.8% increase for employees who received an average rating. Across all groups, performance/bonus short-term incentive awards are expected to remain steady in 2021, the firm said.
    • Industries impacted during the pandemic such as health care and retail, "are projecting a slight bump but still fall shy of pre-pandemic levels with salary increases projected to average 2.6% and 2.8%, respectively," according to Willis Towers Watson. Meanwhile, above-average increases are projected in the insurance industry (2.9%) and nondurable goods industry (3%). Before the pandemic hit, companies budgeted, on average, 3% increases in salary, but have granted employees increases between 2.5% and 2.7% this year, according to the firm.​

    Dive Insight:

    During the pandemic, many companies have implemented pay cuts; however, most are determined to pivot back to salary increases, according to Catherine Hartmann, North America Rewards practice leader at Willis Towers Watson. 

    "This has been the most challenging compensation planning year for many companies since the Great Recession," Hartmann said in a statement. "However, unlike then, companies have been hit differently depending on their industry, the nature of how work gets done and the type of talent they need." For example, research has shown that sales compensation plans have been adjusted in terms of final compensation. Most companies have reduced the size of 2020 salary budgets and "are holding the line on increases for next year," Hartmann said. 

    Managing the short-term effects of financial downturn amid the COVID-19 pandemic effectively can give organizations greater options when it comes to controlling long-term outcomes, Mercer, a human resources consulting firm, told HR Dive in April. Conserving cash and delaying increases and grants this year preserves flexibility, according to Mercer. But at the same time, companies should consider evaluating potential compensation and benefit actions to take later to improve cash flow. If employers achieve a balance between economics and empathy during the pandemic, they will be rewarded with loyalty from workers, candidates and customers, the firm said. 

    "Most companies will continue to be in a cash preservation and cost optimization mode regarding their budgets, Hartmann said. "And although many companies are looking toward stabilizing their business next year, the full extent of the economic impact of the pandemic is yet to play out. Companies will remain cautious and continue to adopt strategies that attempt to balance employee engagement with protecting their core business." 

    But amid the financial crisis caused by the pandemic, fewer workers are expecting a pay increase, according to an Aug. 4 Randstad US survey. About 62% of the 1,200 employees surveyed said they expect a pay raise every year to remain at their current company, which is down from 82% in 2018. More than half (58%) of the respondents said they would prefer to negotiate for a better benefits package than a higher salary. 

    ***** ***** ***** ***** ***** 

    Source: HR Dive

    https://www.hrdive.com/news/salary-increases-set-for-workers-in-2021-compensation-plans-survey-finds/584086/

  • 21 Aug 2020 12:36 PM | Bill Brewer (Administrator)
    Microsoft, Accenture, Bank of America and other employers offer ...

    Aimed at stressed out parents, the offerings try to make up for widespread school closures

    By Jena McGregor | August 20, 2020

    Tech firms and other major corporations that have long offered family-friendly perks for their employees’ youngest children are adding new educational benefits to help with school-aged kids as working parents again face a school year juggling work and virtual learning.

    A program initiated by discussions between Accenture and Bright Horizons, the child care center operator, and being adopted by Microsoft, Bank of America and Accenture, will offer employees of these corporate giants access to small-group, part-time, “school-day supervision” at a heavily subsidized cost.

    The program, which will operate through a network of centers that includes Mathnasium, Sylvan Learning and Code Ninjas, will be available to other employer clients of Bright Horizons as capacity allows.

    It is one of a fast-growing range of benefits some employers are starting to offer working parents struggling with the crushing stress and financial burden of work and virtual school.

    Bank of America and Accenture are continuing their expanded backup child-care benefits and the bank said it would be offering “virtual field trips” and educational webinars for parents. The dairy co-op Tillamook has started offering employees a block of 10 hours of online tutoring per child from an online platform called Varsity Tutors.

    “Employees had been through two and a half months of Zoom classrooms, and it was a nightmare, even for the most tech-savvy parents,” said Ellyn Shook, who leads human resources at Accenture. “Parents said they needed educational support, not just babysitting.”

    From tutoring discounts to funding searches for virtual school facilitators to help with forming learning pods or micro-schools, the new benefits will be helpful for many exasperated working parents — if yet another way the pandemic is exposing deep inequities between America’s workers.

    According to the Society for Human Resource Management, 4 percent of the member companies it surveys in an annual snapshot of employee benefits offered subsidized child-care centers or programs, and about 40 percent did not even offer a dependent-care flexible spending account, a pretax benefit used to pay for child care.

    Megan Neumann, a consultant at Mercer who focuses on employer health and benefits issues, said she’s getting at least four times as many inquiries from clients about child care and educational help as she was in March. “Employers really haven’t ever been focused on [the needs of school-age kids]," she said. “People have depended on the school year to provide for watching children and fostering a learning environment.”

    Meanwhile, employers are having to consider the safety risks of on-site options while navigating the tricky communication to employees that the new benefits may be only temporary. “They’re re-shifting priorities to have funds available, but for [many employers] this is not a long-term strategy,” Neumann said. “Nobody likes things being taken away.”

    Providers of online tutoring platforms such as TutorMe and Varsity Tutors said interest from corporate clients has grown rapidly after being nearly nonexistent before the pandemic. Brian Galvin, chief academic officer of Varsity Tutors, said his company has created a division to focus on employer clients. “It’s a pretty recent phenomenon, even really after July 4,” Galvin said.

    Mercer’s Neumann said there has been an “explosion of innovation” from other providers. Wellthy, which helps employers connect workers with assistance for chronically ill family members, added a service to help employees find qualified nannies or virtual schooling facilitators. Chris Bennett, CEO of Wonderschool, a network of in-home preschools and “micro-schools," said he’s getting inquiries from businesses about matching up employees with teachers starting learning pods or other programs in their homes.

    Bright Horizons has also received many inquiries about options for older children. In cases where state licensing already allows, Bright Horizons CEO Stephen Kramer said, some of its centers are able to add school-age children to existing operations. In early August, it acquired Sittercity, an online platform for finding nannies or sitters, which recently added the ability to search for learning pods. Employers are also buying subscriptions for their employees to have access to Sittercity.

    But some employers were hearing from workers who wanted more educational help. Shook began talking about possible alternatives with Kramer, knowing it had been operating some of its child-care facilities continuously for essential workers since the pandemic started and appreciating the safety measures they were enforcing. That, she said, gave her “confidence that the partners they’re working with are going to follow strict protocols.”

    The program, which at launch will include 1,800 Mathnasium, Sylvan Learning and Code Ninja locations, will be offered at three-, four- and seven-hour-per-day increments, depending on provider. It will cost employees $5 an hour, with employers picking up the majority of the cost. Facilitators will help students work through their virtual curriculums, adding activities like extra math or coding during down times.

    With safety precautions such as mandatory masks, temperature scans and 10 to 12 kids per location — as well as keeping the same cohort of kids together each day — Shook hopes parents will feel comfortable with the program. If not, Accenture is also offering expanded backup child care and discounts on tutoring.

    Keli Kemp, the co-founder of Atlanta-based transportation consulting firm Modern Mobility Partners, said she wasn’t sure she would feel comfortable sending her children to a tutoring center with kids she doesn’t necessarily know. But her small, 15-person firm is offering a “learning pod" for employees with young kids at their unused office space, paying a “learning assistant” to oversee the virtual schooling of one of her children and those of two colleagues, all of whom have been strictly social distancing for months.

    The arrangement allows Kemp and her two colleagues to meet in-person two days a week while the learning assistant oversees the kids’ schooling on the other side of the office; the other days, they rotate having her come to their homes. The pod includes a kindergarten girl, a sixth-grade boy, and each of the women has a third-grade son. The boys "knew each other, but during covid they started doing Zoom calls while we would be on Zoom calls,” Kemp said, and all became friends.

    The first day of school, Aug. 17, Kemp said she was able to work productively on email and bills, as well as meet with her colleagues face-to-face. “The kids were so quiet this morning — I thought, ‘oh my gosh, this is amazing,’ " she said. "Lunch started getting a little rowdy, but now they’re being quiet.”

    ***** ***** ***** ***** ***** 

    Source: The Washington Post 

    https://www.washingtonpost.com/business/2020/08/20/accenture-employer-benefits-school-children-tutoring/ 

  • 20 Aug 2020 2:30 PM | Bill Brewer (Administrator)

    By Maddy Simpson | August 13, 2020

    As the coronavirus recession continues to impact organizations nationwide, many firms have had to lay off or furlough employees. But now, as the country begins to open up, employers must make decisions about their remaining employees. One big decision: 2020 salary increases.

    Since 2009, average salary increases have risen each year since their all time low in 2008 due to the Great Recession.

    “As the economy recovered following the financial collapse in 2008, we first saw a gradual rise in salary increase budgets, then a leveling off,” said Sue Holloway, director at WorldatWork. “Over the past two years with low unemployment rates and increased competition for talent, we saw a bigger jump in salary increase budgets.”

    WorldatWork’s 2020 Salary Budget Survey surveyed about 5,000 employers to understand what firms were doing with salary budgets in this volatile market.

    In 2019, WorldatWork reported an average salary increase across all industries of 3.2%. This year, the average increase dropped to 2.9%. Though 70% of firms still plan to increase salaries between 3% and 4%, many employers are opting to forgo increases altogether due to the pandemic.

    The survey reports that all industries surveyed have median salary increases at 3%, with the exception of the educational services industry, which had a median salary increase of 1%. On the flip side, the industries that showed no change from 2019 were the public administration industry and the accommodation and food services industry.

    “There's unevenness [in the impact of the coronavirus],” says Catherine Hartmann, rewards practice leader for North America at Willis Towers Watson. “Certain industries have been hit and particularly challenged like healthcare and retail.” Hartmann notes that, in its uneven impact, this recession is different from the Great Recession, so firms have to respond differently than they may have then.

    Holloway warns that the pandemic’s effect on salary budget data may not yet be fully realized. Because of this, WorldatWork plans to update the survey in October to see the continual impact of the recession.

    As the impact of the pandemic continues to be realized, Hartmann urges firms to remain cautious while still taking steps to recruit and retain employees.

    “Caution is wise, but [employers] also have to manage that there still is a war for talent, for particular skills and knowledge areas,” Hartmann says. “So while [employers] should remain justifiably cautious, they might want to adopt strategies that balance employee engagement with protecting their core business and financials.”

    ***** ***** ***** ***** ***** 

    Source: Employee Benefit News (EBN) 

    https://www.benefitnews.com/news/salary-budget-increases-fell-on-average-from-2019-to-2020-survey-finds

  • 20 Aug 2020 2:26 PM | Bill Brewer (Administrator)

    Virtual care is shaping the future of healthcare delivery ...

    August 18, 2020 10:00 ET

    Employers project health benefit costs will climb more than 5% but impact of pandemic adds uncertainty

    WASHINGTON, Aug. 18, 2020 (GLOBE NEWSWIRE) -- Large employers plan to expand virtual care offered to employees next year as well as double down on mental health and emotional well-being as they continue to address the COVID-19 pandemic, according to an annual survey by Business Group on Health. Employers project health benefits costs will rise by more than 5% in 2021 although the pandemic’s impact is fueling uncertainty about overall costs.

    According to the 2021 Large Employers' Health Care Strategy and Plan Design Survey, the total cost of health benefits is expected to rise 5.3% in 2021, taking cost management initiatives into account. The increase is slightly higher than the 5% increases employers projected in each of the last five years. Including premiums and out-of-pocket costs for employees and dependents, the total cost of health care is estimated to be $14,769 per employee this year, an increase of $197 from last year. The total cost is projected to rise to an average of just over $15,500 in 2021. In line with recent years, employers will cover nearly 70% of costs while employees will bear about 30%, or nearly $4,500.

    “Health care costs are a moving target and one that employers continue to keep a close eye on,” said Ellen Kelsay, President and Chief Executive Officer of Business Group on Health. “The pandemic has triggered delays in both preventive and elective care, which could mean the projected trend for this year may turn out to be too high. If care returns to normal levels in 2021, the projected trend for next year may prove to be too low. It’s difficult to know where cost increases will land.”

    The exponential growth in virtual care is one of the major trends identified in the survey, some of which is being fueled by the pandemic. Eight in ten respondents (80%) believe virtual health will play a significant role in how care is delivered in the future, a sharp increase from 64% last year and 52% in 2018.  Additionally, over half (52%) will offer more virtual care options next year.

    Nearly all employers will offer telehealth services for minor, acute services while 91% will offer telemental health, and that could grow to 96% by 2023. Virtual care for musculoskeletal management shows the greatest potential for growth. While 29% will offer musculoskeletal management virtually next year, another 39% are considering adding it by 2023. Employers are also expanding other virtual services including the delivery of health coaching and emotional well-being support. These offerings are expected to increase in the next few years.

    “Virtual care is here to stay. While employers have been implementing more virtual solutions in recent years, the pandemic caused the pace to accelerate at an astronomical rate. And virtual care is now garnering growing interest and receptivity from both employees and providers who increasingly see its benefit,” said Kelsay.

    Another key trend for employer plans in 2021 is the expansion of access to virtual mental health and emotional well-being services to address provider shortages, minimize wait times and reduce the stigma associated with seeking care. More than two-thirds of respondents (69%) provide access to online mental health support resources such as apps, videos, and articles, and that number will jump to 88% in 2021. Employers are also taking other steps to bolster mental health services besides expanding virtual options. Roughly half (47%) provide manager training to help recognize mental and behavioral health issues and direct employees to services. Another 18% plan to do so in 2021. Half of respondents (50%) will conduct anti-stigma campaigns in 2021.

    Employers are also helping to address cost barriers by reducing out-of-pocket costs for mental health services. More than half (54%) are lowering or waiving costs for virtual mental health services in 2021.  More than a quarter (27%) will reduce the cost of counseling services at the worksite, bolstering the trend to bring services directly to employees.

    “Employers were already prioritizing mental health and emotional well-being before the pandemic hit. Now it’s a significant crisis. In addition to those individuals with pre-existing mental health needs, many more employees and family members are now dealing with anxiety, stress or loneliness. We expect employers will boost their investment in programs that support employees’ mental health and emotional well-being,” said Kelsay.

    Among other survey findings:

    • More employers are linking health care with workforce strategy:  The number of employers who view their health care strategy as an integral part of their workforce strategy increased from 36% in 2019 to 45% this year.
    • On-site clinics continue to grow: Nearly three in four respondents (72%) either have a clinic in place or will by 2023. Some employers are expanding services – 34% offer primary care services at the worksite, and an additional 26% plan to have this service available by 2023.
    • Growing interest in advanced primary care strategies:  Over half of respondents (51%) will have at least one advanced primary care strategy next year up from 46% in 2020. These primary care arrangements, which move toward patient-centered population health management emphasizing prevention, chronic disease management, mental health and whole person care are key focus areas for employers.
    • Employers remain concerned about high-cost drug therapies. Two-thirds of respondents (67%) cited the impact of new million-dollar treatments as their top pharmacy benefits management concern.

    About the Survey
    The 2021 Large Employers' Health Care Strategy and Plan Design Survey was conducted between May and June 2020. A total of 122 large employers participated. Collectively, respondents represent a wide range of industry sectors and offer coverage to more than 9.2 million employees and their dependents.

    About Business Group on Health
    Business Group on Health is the only non-profit organization devoted exclusively to representing large employers' perspective on health policy issues and optimizing workforce strategy through innovative health, benefits and well-being solutions. Business Group keeps its membership on the leading edge of innovation, thinking and action to address health care cost and the delivery, financing, affordability and experience with the health care system. Business Group members, many of whom have operations globally, include 74 Fortune 100 companies, and provide health coverage for more than 60 million workers, retirees and their families in over 200 countries. For more information, visit www.businessgrouphealth.org.

    ***** ***** ***** ***** ***** 

    Source: National Business Group on Health

    https://www.globenewswire.com/news-release/2020/08/18/2080056/0/en/Large-U-S-Employers-Accelerating-Adoption-of-Virtual-Care-Mental-Health-Services-for-2021-Business-Group-on-Health-Survey-Finds.html

  • 20 Aug 2020 2:19 PM | Bill Brewer (Administrator)

    Randstad US survey shows job confidence despite economic uncertainties

    a look at a global pandemic’s impact on the world of work

    Despite COVID-19 being at the forefront of the global conversation and the resulting economic uncertainties, job seekers are displaying signs of confidence — including negotiating salaries, backing out of job opportunities and even ghosting or ignoring calls from potential employers. The Randstad COVID-19 2020 U.S. Compensation Insights survey explores the sentiments of 1,200 American workers on today’s salary negotiation practices, honing in on generational and gender differences.

    Here’s what we learned:

    Although younger workers are more likely to get cold feet or “ghost” prospective job offers, these generations are doing less of it — and the number of traditionalists (65+) is on the rise.

    I've gotten "cold feet" with a job opportunity in the past, accepting a job offer, only to change my mind and back out at the last minute.

    41 percent of all survey pie chart54% of gen z 
    60% of millennials
    50% of gen x
    35% of boomers
    28% of traditionalists

    I've “ghosted” (accepted a job offer only to disappear entirely without informing the employer ahead of the start date) an employer for a higher paying job opportunity elsewhere.

    33 percent of all survey pie chart48% of gen z
    52% of millennials
    41% of gen x
    21% of boomers
    16% of traditionalists

    Despite the pandemic, not much has changed in other respects. Our survey reveals a continued disconnect between employer wants and employee needs regarding pay transparency.

     

    2019*

    2020

    I prefer to keep my salary or pay private and not discuss it with others.

    76%

    78%

    My company does not publish salary or pay information for each role.

    55%

    54%

    I wish my employer would publish salary or pay ranges of what each role earns across the company.

    60%

    58%

    My company publishes salary or pay information for each role.

    45%

    46%

    Women and men have different salary negotiation tactics. Women can be better self-advocates, but the trend of women being less likely to engage in any sort of negotiating or discussions or pushing for higher salary continues.

     

    all

    women

    men

    I have asked my colleagues about their salary before entering salary negotiations.

    41% agree

    36%

    47%

    I would rather negotiate for a higher amount and settle for a number in the middle than ask for nothing.

    78% agree

    75%

    81%

    I've never negotiated my pay.

    54% agree

    57%

    51%

    As a negotiation tactic, I've told a prospective employer I had another job offer — when I really didn't.

    39% agree

    35%

    44%

    I prefer giving a specific number rather than a range when negotiating for a higher amount.

    65% agree

    61%

    70%

    I would leave my role to find an equivalent position at a different company just to make a salary jump that I won't receive if I stay at my current company.

    63% agree

    60%

    66%

    Generationally, older workers are more likely to ask up front for the salary they want, whereas younger workers are more indirect with negotiations.

    I would rather negotiate for a higher amount and settle for a number in the middle than ask for nothing.

    78 percent of all survey pie chart71% of gen z
    78% of millennials
    82% of gen x
    79% of boomers
    82% of traditionalists

    I've never negotiated my pay.

    54 percent of all survey pie chart61% of gen z
    61% of millennials
    52% of gen x
    45% of boomers
    52% of traditionalists

    As a negotiation tactic, I've told a prospective employer I had another job offer when I really didn't.

    39 percent of all survey pie chart52% of gen z
    62% of millennials
    50% of gen x
    34% of boomers
    22% of traditionalists

    Compensation remains a key factor in employee retention, but employees appear to be less confident that they will receive ongoing pay increases in the wake of the global pandemic.

    My compensation is sufficient to make me stay in my current role for the next 12 months.

    83 percent of 2018 pie chart 76 percent of 2019 pie chart 80 percent of 2020 pie chart

    I expect a pay raise every year in order for me to stay at my current company.

     

    2018**

    2019*

    2020

    all employees

    82%

    66%

    62%

    gen z

    82%

    73%

    65%

    millennials

    91%

    74%

    78%

    gen x

    80%

    71%

    72%

    boomers

    76%

    62%

    57%

    traditionalists

    63%

    43%

    40%

    Additionally, while salary remains important, there are other ways to effectively attract and retain workers.

    64 percent of all survey pie chartI would rather take a position with growth potential than a position that pays more but does not challenge me.

    58 percent of all survey pie chartI would rather negotiate for a stronger benefits package than a higher salary.

    Lastly, job satisfaction remains positive as employers respond to COVID-19.

    76 percent of all survey pie chartI am satisfied at how my employer's response to COVID-19 met my personal needs.

    80 percent of all survey pie chartI am satisfied at how my employer's response to COVID-19 met my professional needs.

    80 percent say pie chartTheir compensation has not been negatively impacted by COVID-19.

    75 percent of all survey pie chartI have a positive outlook on my employment options over the next six months and 12 months.


    ***** ***** ***** ***** ***** 

    Source: Randstad

    https://rlc.randstadusa.com/for-business/learning-center/future-workplace-trends/randstad-2020-compensation-insights?utm_campaign=rusa_workforce%2Bmanagement_client_rus_all&utm_medium=press&utm_source=prnewswire

  • 20 Aug 2020 2:16 PM | Bill Brewer (Administrator)

    AUTHOR: Pamela DeLoatch | PUBLISHED: Aug. 20, 2020

    With many working from home, traditional benefits must change to meet the new needs of workers, sources say.


    In years or even months past, companies offered employees wellness perks such as midday in-office yoga classes, discounted gym memberships and free healthy snacks in the break room. With many employees now working from home, many of the those traditional healthy lifestyle perks are no longer an option. And yet, now may be the time employees need wellness benefits the most.

    Supporting the well-being of remote employees is not as simple as adjusting in-person offerings to an online setting. Instead, it may mean re-engineering the concept of work, sources say.

    The stressed remote employee

    Between the pandemic, job insecurity, juggling of family responsibilities and the loss of social connections, people working at home are stressed. Career platform Monster found in a July survey that 69% of remote employees have burnout symptoms, CNBC reported. What's more, that feeling of burnout is growing. The study showed burnout is up almost 20% from similar survey results obtained in May.

    A lengthening work day doesn't help matters. The average workday for those working at home in the U.S. increased three hours since mid-March, according to findings from NordVPN, CNBC said

    Numerous studies evidence the positive connection between employee wellness and productivity, retention and engagement. Employers tend to recognize this, with many offering various wellness benefits.

    But widespread remote work will likely continue for some time, and employers are adjusting perks to support employees' current needs.

    Translating wellness perks to the remote environment

    Ensuring employees balance work to avoid burnout can be difficult, said Steve Beauchamp, CEO of Paylocity, an HR and payroll services provider. Unlike many companies that had to pivot suddenly to working from home, half of Paylocity employees already worked remotely. 

    "The biggest challenge is making sure people are taking time off," he said. Because of limitations in travel and other activities due to the pandemic, employees are less likely to take vacation days, so companies have to proactively remind employees, he said. As companies offer more flexibility, Beauchamp noted it could be difficult to track employees' work hours. That makes it hard to know when an employee is working too much.

    Beauchamp said Paylocity had to rethink how wellness perks translate in a virtual environment. The company moved in-person yoga classes online and added virtual groups so employees could connect. It unveiled a free mental health mobile app as social justice conversations heated up and coronavirus transmission rates spiked. Teams have after-work happy hours via Zoom and host game nights for the social aspect, he said. 

    Instead of considering a perk as a one-size-fits-all option, employers should ask employees what they need, Beauchamp said. With one-third of the Paylocity's workforce having children 12 and under, the company looked at how different scheduling, such as a split schedules, could help parents manage school activities, he said. 

    Tailoring wellness options

    The pandemic highlighted several aspects of employee wellness, said Erika Zauner, founder and CEO of HealthKick, a platform that gives employees personalized access to well-being brands. Making healthy living accessible and supporting employees' mental and emotional well-being are key. "We need to invest in helping people make healthy choices before they get sick," she said, adding that many who were affected by the coronavirus had underlying health conditions.

    As companies make decisions about the rest of the year, the question becomes, "how do we sustain and adapt to the reality of today?" she said. Allowing employees to tailor wellness perks to their specific needs is one way to do that. "Providing maximum flexibility for people is truly servicing their well-being needs because every person has different preferences and different gaps they're looking to round out," Zauner said.

    Creating a new concept of wellness

    When Visier, a people analytics company, shut down its office and sent employees home to work, the company had to rethink wellness quickly, Visier Chief People Officer Paul Rubenstein said. Visier had previously offered traditional wellness perks, with programs employees could attend, like fitness classes, or services they could access, like employee assistance programs or employee resource groups.  

    "It was one thing to flip those online, but those are designed to address a set of wellness issues that were rooted in a pre-COVID environment," Rubenstein said. Instead of just moving the programs into a virtual environment, the question became, "how do we get people to engineer their work differently as a part of wellness?" That might mean 90 minutes working and 20 minutes off; having teams declare quiet hours without meetings so people can get work done; or telling people they don't have to respond to emails immediately, he said.

    Companies can also make sure employees aren't isolated, Rubenstein said. Through network analysis, employers can see if employees are talking to each other — or if some aren't and are lonely.

    When employees first switched to remote work, they felt a certain excitement, Rubenstein said, but that has faded. The stress employees feel from health, economic and societal concerns are taking a toll, he said; "You can't just ignore what's going on outside." 

    As employers look at allocating funds for the rest of the year, the notion of wellness is no longer a perk, said Rubenstein. Instead, companies should take a holistic approach, with a focus on individual needs, he added. 

    "It's not about coddling employees," Rubenstein said. "It's about adapting to this set of norms and making it easy for people to bring their best selves to work."

    ***** ***** ***** ***** *****

    Source: HR Dive

    https://www.hrdive.com/news/rethinking-employee-wellness-perks-in-the-age-of-the-coronavirus/583389/

  • 13 Aug 2020 1:30 PM | Bill Brewer (Administrator)

    by Jeanne C. Meister  and Robert H. Brown | August 12, 2020

    The Coronavirus has drastically reshaped the economy and the labor force. Since its rapid spread around the globe, we have experienced titanic shifts in how we work, where we work, and the technologies we use to stay connected.

    Such massive change is escalating the importance of HR’s role within organizations. Workers are turning to their managers and their HR leaders, in particular, for guidance on how to navigate their “new normal” — research indicates that 73% of workers depend on their employer for support in preparing for the future of work. Just as CFOs have greatly increased their scope since the 2008 financial crisis, CHRO’s now have that same opportunity to become central C-suite players.

    We believe this is HR’s moment to lead organizations in navigating the future. They have a tremendous opportunity, and responsibility, to provide workers with guidance on the skills and capabilities they will need to be successful over the next decade as new roles continue to emerge.

    With that in mind, The Cognizant Center for Future of Work and Future Workplace jointly embarked on a nine-month initiative to determine exactly what the future of HR will look like. We brought together the Future Workplace network of nearly 100 CHROs, CLOs, and VP’s of talent and workforce transformation to envision how HR’s role might evolve over the next 10 years. This brainstorm considered economic, political, demographic, societal, cultural, business, and technology trends.

    The result was the conception of over 60 new HR jobs, including detailed responsibilities and skills needed to succeed in each role. We then created a ranking of each job by its organizational impact, allowing us to narrow the list to an initial 21 HR jobs of the future.

    We arranged these HR jobs on a 2×2 grid; the X-axis depicts time, and the order in which we expect them to appear over the next 10 years, while the y-axis depicts “technology centricity” (i.e., all jobs will utilize innovative technologies, but only the most tech-centric will actually require a grounding in computer science). Furthermore, each job was analyzed in the form of a job description (overall requirements, specific responsibilities, skills/qualifications, etc.) similar to those an HR organization will need to write in the coming decade.

    In some ways, the advent of Covid-19 compressed time like an accordion, resulting in a handful of these roles becoming “jobs of the now.” The 2020s will be a reset moment for HR. We fully expect to see more examples of these theoretical “jobs-made-real,” by visionary leaders in the coming months and years. As we’ve long maintained, before it can be built, it has to be dreamed.

    While some of the roles we identified are entirely new positions, others are new responsibilities that are becoming increasingly important as HR re-imagines and reboots its strategy in light of the pandemic. All 21 jobs embody five core themes we came across in our research.

    Individual and organizational resilience. The worldwide remote work measures taken in response to Covid-19 have caused the digital economy to grow more rapidly than ever before, along with our “always on” culture and the stresses of managing work-life balance. These challenges have put a new emphasis on the importance of worker health and wellness — and not just in terms of physical health. For HR professionals, this means the future of work will include developing a stronger focus and a more holistic view of employee wellbeing, one that encompasses the emotional, mental and spiritual health of workers along with the physical. (Even before the virus, Gallup reported two thirds of full-time workers experienced burnout on the job.)

    This paves the way for a new HR role focused on well-being as a business strategy for increasing employee retention — and not just an office perk. For example, the role Director of Wellbeing could provide strategic management over wellness and design services and practices to nurture the emotional, physical, mental, and spiritual health of all employees. We are already seeing some companies hiring for the Director of Wellbeing role, and expect to see more within the decade as we believe the future of work will increasingly be the future of worker wellbeing.

    Today, with more than 88% of knowledge workers now doing their jobs remotely, this role would need to work cross functionally to make sure employees outside of the office are receiving the same benefits as those working onsite. That’s where we see the role of a Work from Home Facilitator coming in. This person would ensure that the organization’s processes, policies, and technologies are optimal for remote workers. A key metric of success for this role would be to build remote workers’ strong sense of belonging within the organization, ensuring that they know their purpose and feel deeply cared for.

    Organizational trust and safety. HR professionals are in a unique position to be guardians and models of an ethical and responsible workplace. As organizations invest in digital transformation initiatives and establish a “data culture,” we believe the expectations to uphold this responsibility will increase.

    Just last year, joint research conducted on the attitudes toward AI in the workplace by Oracle and Future Workplace found many people were concerned about data-security breaches. Of the 8,370 HR leaders, hiring managers, and workers surveyed across ten countries, 71% were “at least sometimes concerned” and 38% said that they were “very concerned” about data breaches. In fact, 80% of respondents said their company should ask for permission before using AI to gather data on them.

    This is a problem. LinkedIn research found that 67% of hiring managers and recruiters said AI saves them time as they source job candidates. But questions are now being raised around this technology and its potential for bias, inaccuracy, and lack of transparency. Every time an employee clicks, likes, and swipes on their social media channels, they reveal their interests, preferences, intent, and location to anyone equipped to collect this data — including HR professionals. As a result, employees’ awareness about privacy and how much they are willing to blithely share is intensifying.

    The need for data privacy in the age of algorithms has amplified the need for more  systems with humans in the loop to ensure fairness, explainability, and accountability among senior HR leaders. We believe this could lead to HR roles such as the Human Bias Officer, responsible for helping mitigate bias across all business functions. These professionals would ensure that people are treated fairly throughout the entire employee lifecycle — from recruiting to off-boarding — regardless of race, ethnicity, gender, sexual orientation, religion, economic status, background, age, or culture.

    In addition to Human Bias Officer, another new role aimed at ensuring employee safety has already emerged: Strategic HR Business Continuity Director. This person leads the HR response team and works with the CEO, CFO, CIO and the Facilities Director to propose how to create a safe workplace — for both onsite and remote workers. Elizabeth Adefioye, Senior Vice President and CHRO of Ingredion, has incorporated emergency preparedness and business continuity in her senior HR role. Says Adefioye, “Since the Covid-19 pandemic, I have been partnering with our CEO and key executives from the technology, finance, communications, and facilities departments to develop a phased, safe global approach to returning to the workplace.” According to SHRM research, this is a key objective for CHRO’s as, 34% of organizations did not have an emergency preparedness plan prior to Covid-19 pandemic.

    Creativity and innovation. As business leaders envision new ways to grow their organizations in the midst of rapid change, a new role at the intersection of corporate strategy and HR must arise. The Future of Work Leader, would be responsible for analyzing what skills will be most essential as the workforce continues to evolve. This role would focus both on setting the organization’s strategy for the future of work, as well as proposing reskilling and upskilling efforts for current employees. The position would also synthesize big-picture inputs from academia, industry association, and competitive threats in the marketplace to envision new jobs and skills critical to the organization’s continued success.

    Furthermore, as meetings and trainings continue to go virtual, another role we imagine is the VR Immersion Counselor. This role would help realize the potential of using virtual reality to scale training programs for a number of use cases, including onboarding, coaching, reskilling, upskilling, and even medical, and safety training. H&R Block is an example of a company that has already been using virtual reality simulations to train customer service representatives to de-escalate customer interactions. By practicing how to respond to difficult customer questions in a virtual reality simulation, the company has seen a 50% decrease in dissatisfied customers with 70% of H&R Block customer service representatives preferring virtual reality simulations to traditional forms of learning. Already, research from ABI, sees the VR training market reaching $6.3 billion by 2022.   

    Data literacy. Currently, only a few HR functions are building analytics capabilities into their teams to solve key people challenges — such as uncovering why one team performs better than another, or how their organization can create a more diverse and inclusive culture. In the future, we believe more HR teams will follow in the footsteps of other departments, like customer experience and finance, and adopt this practice, taking on a more data-driven function. Doing so would allow them to provide more accurate insights around everything from employee performance and retention to the engagement level of C-suite leaders.

    At a time when data scientists are in short supply, however, a new role, HR Data Detective, could help bring about this change. This person would be responsible for synthesizing disparate data streams (such as employee surveys, learning management systems, and benefits portals) to help solve business problems. Equally comfortable with being “in the weeds” of big data as well as seeing and explaining “the big picture,” data detectives would gather and compile HR-pertinent insights to help improve employee performance and drive better results for the whole business.

    We predict companies like Genetech that have already begun building this kind of data literacy into their business functions will have a competitive advantage. Chase Rowbotham, head of People Analytics at Genetech , says, “As remote work becomes the new normal, we are able to gather insights from our HR information systems to develop a number of new HR practices such as training managers of remote workers on successful strategies for leading a remote global team to ensure both productivity and continued employee engagement.”

    Human-machine partnerships. As the use of robots in companies continues to increase, it has become apparent that there is a need for human-machine collaboration in the workforce. Judgment is usually easy for humans, but still hard for computers. Robots are very good at the “science” of a job, especially when reliance on computational capabilities, analysis and pattern recognition poses questions on the most appropriate action to take next based on all data available. Humans are very good at assessing situations, or the “art” of the job, and essentially asking, “What is the right thing to do in a given situation?” Sorting out the balance of the “art of the job” (for humans) vs. the “science of the job” (for bots) will likely result in the creation of new HR roles focused on how both can work together intuitively.

    One new job that could be created is the Human-Machine Teaming Manager, a role that operates at the intersection between humans and machines and aims to create seamless collaborations. These managers would look for ways to increase cooperation rather than competition.

    For instance, James Loo, Head of Human Resources at DBS Bank (Taiwan) sees a possible new job role, ChatBot Coach, responsible for creating a seamless a candidate experience. According to Loo, “A Chatbot Coach would work with the DBS Bank recruiting team, to train the chatbot to handle the routine tasks of screening candidates and answering frequently asked questions of candidates, while the human recruiters have more time to focus on strategic areas such as engaging with hiring managers to better understand the need for a new job and the changing needs of the business for new hires.”

    Keep in mind, many of these new roles would rely on the creation of other jobs of the future (predominantly in HR), some which have already been created and many of which haven’t been “invented” yet. For example, a Human-Machine Teaming Manager may find themselves working with a Chatbot Coach to enhance an AI-powered candidate experience. These dependencies would also inform career paths. Someone with several years’ experience as an HR Data Detective may be a prime candidate for the role of Head of Business Behavior, another new HR job of the future.

    Does this all sound unlikely in the face of increasing unemployment? On the contrary, now is the time for HR leaders to plan for future growth. If we look back just a few years, several new HR jobs were just being created including the role of Financial Wellness Manager, which has now been widely adopted. In fact, a survey released by the Employee Benefit Research Institute shows that about half of companies with more than 500 employees now offer some sort of financial wellness program; 20% are actively implementing these programs for their employees today, and a further 29% are interested in implementing a financial wellness program in the future.

    The Global Head of Employee Experience is another example of a new HR role that has emerged in the last few years. This role is best exemplified by the Chief People Officer of Airbnb who re-imagined the role by bringing together disparate people, technology and real estate functions to create a consumer grade employee experience. As of June, 2020, organizations such as ABN-AMRO, ING, IBM, HPE, Novartis, and Walmart have HR professionals with this title.

    All this to say, change is coming, and it’s best to get a head start. Companies that can anticipate their organization’s future HR roles are not only in a position to outperform competitors, they are also squarely positioning HR as a strategic business driver. As new and existing roles evolve, the most successful organizations will have a clear understanding of what needs to change to meet future business priorities (both anticipated and unanticipated). You never know — one day soon, you might be recruiting someone to fill any of these 21 jobs, or doing one yourself.

    ***** ***** ***** ***** ***** 

    Source: Harvard Business Review

    https://hbr.org/2020/08/21-hr-jobs-of-the-future

  • 12 Aug 2020 9:49 AM | Bill Brewer (Administrator)

    a couple and their child at the beach

    By Allen Smith, J.D.August 11, 2020

    Employer attempts to restrict where employees go on vacation to prevent their exposure to COVID-19 are limited by laws and employee-relations considerations. However, pre-travel inquiries and advisories are allowed, so long as they are applied neutrally and uniformly.

    "Employers across the country are grappling with the question of whether to change their vacation policies in light of the coronavirus pandemic and, if so, how to do it," said Anthony Mingione, an attorney with Blank Rome in New York City.

    In general, employers may reject requests for vacations to hot spots due to the need to quarantine afterwards, according to Nancy Gunzenhauser Popper, an attorney with Epstein Becker Green in New York City.

    "Employers have wide latitude in approving or not approving time off, and that does not change during COVID-19," said Michael Elkins, an attorney with MLE Law in Fort Lauderdale, Fla.

    But "it is very difficult to effectively monitor where employees go when they are not working, and even more difficult to try and control it," Mingione said.

    Moreover, regulating where employees go on vacation could conflict with some state laws protecting off-duty conduct and could hurt morale, cautioned Carolyn Rashby, an attorney with Covington & Burling in San Francisco. Such laws exist, for example, in California, Colorado, Nevada, New York and North Dakota.

    Pre-Travel Inquiries

    Employers generally can require employees to inform them about travel plans. "However, employers should only require information necessary to discern whether the employee is traveling out-of-state or internationally and for how long, and should avoid asking personal details," Rashby said.

    In addition, she cautioned that employees who telecommute during the pandemic should not be required to disclose travel plans to their employers. "The purpose of a travel policy would be to protect others in the workplace from COVID-19 exposure, and that concern is not present where employees are telecommuting," she explained.

    Before implementing a pre-travel inquiry, employers should clarify their use of the information and goal of the policy, Mingione said.

    "Will there be an attempt to discourage employees from traveling to certain places? This can create problems of enforcement and morale," he noted.

    If a company with a pre-travel inquiry policy doesn't ask employees at all levels about their plans, employers should expect claims that the policy was applied unfairly or discriminatorily, Mingione cautioned.

    Employers should consider amending vacation policies to require employees who plan to travel during their vacation to provide advance notice to their supervisors or HR about the details of their travel plans, including their intended travel destinations and means of transportation, said Paul Scheck, an attorney with Shutts & Bowen in Orlando, Fla.

    Businesses also should consider requiring employees who travel to a country designated as a hot spot by the World Health Organization and/or the U.S. Centers for Disease Control and Prevention (CDC) to self-quarantine before returning to the workplace, he added.

    Clear Communication

    "Any such amendment to an employer's current vacation policy should be clearly communicated to employees in advance," Scheck said.

    Employers should consider requiring employees who intend to travel to take their company laptops so they can work if they are stranded in another state or country or are required to self-quarantine on their return, Scheck added.

    The policy also should specify whether employees who are required to self-quarantine must telecommute during the self-quarantine or use paid time off to cover that period.

    An employee probably isn't entitled to paid sick leave under the Families First Coronavirus Response Act (FFCRA) for having to self-quarantine after travel, said Suzanne Singer, an attorney with RumbergerKirk in Miami. "However, if the employee is able to get a doctor to issue a quarantine order or if the employee develops symptoms, the employee may become eligible for FFCRA sick leave," she said.

    Travel Advisories

    Employees can be required to sign a travel advisory before vacation, Singer suggested.

    The travel advisory might ask the employee to acknowledge that if the worker travels to any area designated as a hot spot, he or she may be required to self-quarantine on return. The CDC's most recent guidance recommends self-quarantining for 14 days after a potential exposure or 10 days after a positive test.

    Singer said that an employer's travel advisory also might state, "As your employer, we are responsible for providing a safe and healthy workplace. During the COVID-19 pandemic, nonessential travel is discouraged."

    The advisory should add, she said, that if a worker intends to travel, the following guidelines, among others, should be followed:

    • Avoid close contact with others—keep a distance of at least six feet.
    • Clean hands often—washing with soap and water for at least 20 seconds.
    • Wear a face covering in public.
    • Notify the employer immediately if you or a family member has been diagnosed with COVID-19.

    Health Screenings

    "Employers should encourage good choices by employees, provide up-to-date information regarding policies and COVID-19 hot spots, and develop a plan for how to reintegrate employees into the workplace following time off," Mingione said.

    Include the identification of recent travel destinations in any regular health screenings employers conduct, he suggested.

    "If employees are accustomed to providing this information before each workday, this will hopefully motivate them to make safe travel choices and help employers avoid appearing overly involved in employees' personal lives," he said.

    ***** ***** ***** ***** ***** 

    Source: Society for Human Resource Management (SHRM) 

    https://www.shrm.org/resourcesandtools/legal-and-compliance/employment-law/pages/coronavirus-vacation-travel-policies.aspx

  • 11 Aug 2020 8:22 AM | Bill Brewer (Administrator)

    incentive

    By Cheryl Pinarchick and Joshua Nadreau, Fisher Phillips | Jul 27, 2020

    Incentivizing employees can be an important factor when it comes to an employer’s bottom line.  Several common misconceptions about the Fair Labor Standards Act (FLSA) have driven decisions regarding incentive payments for too long.

    Over the last few months, the U.S. Department of Labor’s (DOL) Wage and Hour Division has clarified how the FLSA applies to incentive payments made to overtime-eligible employees. While a wake-up call for some employers, these are not really changes in the law per se.

    Rather, the change is that by announcing these clarifications, the agency has provided employers with more knowledge and empowered them to explore compensation structures that include incentives.

    Whether adding, removing, or tweaking incentive payments, employers will want to revisit these three aspects of the FLSA in light of recent developments.

    1. Not Everything Increases the Regular Rate for Overtime Pay.

    Usually, we are reminding employers that all wages are factored into the “regular rate” when paying time-and-a-half unless it falls within a specific exclusion. But this year, we have regulations that help employers understand those exclusions.

    Among other things, the agency addressed the exclusion of “perks” (such as gym access/memberships, employee wellness programs, and on-site offerings) from the regular rate.

    2. Salaried Employees Can Receive Bonuses, Too!

    Examples are great, but sometimes, the particular facts are mistaken as an exacting checklist. Thankfully, the DOL has set this record straight!

    If you are paying based on a fluctuating workweek (a salary for all hours worked, plus the overtime premium) and thought you wouldn’t have to also pay incentive pay (or vice versa), there now is a regulation specifically permitting fluctuating workweek and incentive pay. Just remember to pay the overtime premium (halftime) on both.

    3. Is That Employee Actually Exempt from Overtime?

    In another area where (decades-old) examples have taken on lives of their own, the FLSA’s commissioned-employee exemption has been interpreted as applying to a smaller subset of employees than the actual test dictates.

    This exemption from overtime-only has a few prongs, but one that has caused many employers to not even consider it is the requirement that it be a “retail or service establishment.”

    Several businesses that are commonly used by individuals today were deemed to be “lacking” the retail concept (including banks, dry cleaners, insurance agencies, tax preparers, and travel agencies, to name a few), making the exemption an uphill battle despite the fact that a particular establishment might meet all of the relevant factors.

    Now the infamous list has been removed, and employers that can meet the “retail” test just might be able to use the exemption for qualifying employees.

    Of course, there are more details to consider before making a change, including taking state law into account. But at a time when employers are looking at their bottom lines and still want to incentivize employees, these developments might provide just the right balance.

    ***** ***** ***** ***** ***** 

    Source: HR Daily Advisor

    https://hrdailyadvisor.blr.com/2020/07/27/if-i-knew-then-what-i-know-now-revisiting-incentive-payments-and-the-flsa/

Member Login (click below)

© 2024 OCCABA

OCCABA
PO Box 9644
700 E Birch St
Brea, CA 92822

Powered by Wild Apricot Membership Software