Welcome to The Source, your one-stop-shop for the latest and greatest HR and benefits news. Our weekly publication highlights this week’s top stories in human resources, benefits administration, insurance, legislation and more to make sure you can stay on top of industry trends and changes. Start off your week on a high note with The Source!In this week's edition, we explore AI for recruiting, how to help employees make the most of HSAs, strategies for implementing financial wellness and more! Click To Tweet
Employees Spend Less Than Half of Their Workweek on Actual Work
Busy work is getting in the way of…work, according to Workfront’s sixth annual State of Work report. Workfront surveyed 3,750 professionals across the U.S., U.K., the Netherlands and Germany, and found that just 43 percent spend their workweek on the jobs they were hired to do. “The number one culprit? Wasteful meetings,” the authors write. “And based on our qualitative review of thousands of companies and teams, the central driver of wasteful meetings is poor mechanisms for strategic alignment, work planning and work status communication.” Read more on how to improve workplace productivity on BenefitsPro.
Top 4 Benefits of Using AI for Recruiting
We live in a world where artificial intelligence (AI) is applied in almost everything, including the process of recruitment. The use of AI for recruiting is only growing. In our space, the key is to build lasting relationships.
When you’re successful at establishing true relationships with applicants, you can make them look forward to your company’s goals and values. In turn, your new hires will become more invested in the company, giving them a lot of reason to stick around. Read more on using AI for recruiting on the Sentio blog.
How One Employer Opened Workers’ Eyes to the Benefits of HSAs
While employers have long touted the cost-savings benefits of using high-deductible health plans coupled with HSAs, many workers are unaware they can save these tax-advantaged accounts for another purpose: retirement expenditures.
Sara Caddy, benefits manager with Dimensional Funds Advisors, a private investment firm, helped to change the way employees look at HSAs by educating them about its value as a retirement tool, not just something to be used each time the employee visits the pharmacy. Learn how on BenefitNews.com.
5 Key Strategies for Implementing a Successful Financial Wellness Program
Implementing a successful financial wellness program is not always easy. Employees are increasingly searching for offerings to help them pay down debt, manage their money and plan for retirement. One challenge is that employees often aren’t open about the financial challenges they are experiencing, said Karlos Guerra, benefits consultant at Lockton.
How To Approach Discussing Drugs in the Workplace
With the popular trend of laidback workspaces and the increasing legalization of medical and recreational marijuana across the U.S., the way people approach discussing drugs in the workplace has changed. Despite the reported discomfort of discussing drugs at work, over half of employees admit to discussing their personal drug use with co-workers. Read more on drug use and discussing drugs in the workplace on HR Technologist.
As the Workplace Ditches Formality, HR Finds its New Function
If HR is known for anything, it’s certainly not for being permissive. But even that may be changing — in small ways, like dress code, and in large ways, like how work is structured. This gradual shift toward a more casual workplace could be attributed to millennials and Gen Zers; that’s the core claim of a recent New York Times feature on the topic and something most experts who spoke to HR Dive agreed with.
This Week in PlanSource: Level Up Your Learning With PlanSource University
Benefits administration is anything but simple. Building best-in-class benefits programs, recruiting and onboarding top talent and maintaining compliance with HR’s ever-complex legal landscape is enough to keep any HR team busy. Unfortunately, there’s no magic wand to wave to get everything done with a simple flick of the wrist. But, with the right partners and technology investments, your job can be a little bit easier and more efficient.
Thought Of The Week
“The ones who are crazy enough to think they can change the world, are the ones that do.” — Anonymous
How are you working to promote positive change?