by admin | Apr 22, 2025 | Custom Content, Employee Benefits
Life sometimes throws you a curveball. You might sprain an ankle playing soccer, need surgery, or experience a difficult pregnancy. These situations can temporarily prevent you from working and earning an income. That’s where short-term disability insurance comes in. It acts as a financial safety net, providing income replacement while you recover and get back on your feet.
What is Short-Term Disability Insurance?
Short-term disability pays you a portion of your salary (usually between 40% and 70%) in situations when non-job-related injuries, illnesses, or other medical issues prevent you from working for a limited time-period. (Note: “Non-job-related” is an important phrase because injuries sustained while you’re on the clock will typically be covered by worker’s compensation vs. short-term disability). It typically provides benefits for a shorter period, ranging from a few weeks to several months, depending on the policy and your situation.
Types of Short-Term Disability Insurance:
- Traditional: Employers pay the full premium
- Contributory: Both employers and employees contribute to the benefit cost
- Core Buy-Up: Employees have the option to purchase more coverage
- Voluntary: Employees alone pay for disability benefits
What to Look for in a Short-Term Disability Policy:
- Premium: The monthly amount you (or your employer) pay for the policy.
- Benefit Amount: How much of your income will be replaced?
- Benefit Period: How long will benefits be paid?
- Elimination Period: How long must you wait before benefits begin?
- Covered Conditions: What illnesses, injuries, and conditions are covered?
- Exclusions: What situations are not covered?
- Cost: How much will the premiums be?
Illnesses or Injuries That Are Not Covered by Short-Term Disability:
- Pre-existing conditions
- Self-inflicted injuries
- Use of drugs (non-prescription) or other illegal substances
- Injury that occurred from doing something illegal
- Cosmetic procedures that are not medically necessary
- Work-related injuries or illnesses
An unexpected illness or injury can happen to anyone. Short-term disability insurance provides a crucial safety net, protecting your financial well-being during a time of need.
by admin | Apr 15, 2025 | Custom Content, Employee Benefits
The Rise of Voluntary Benefits
As healthcare costs increase, so does the demand for voluntary benefits. These optional benefits allow employees to select and pay for additional perks to meet their individual needs, especially in today’s diverse workforce. They’re also a valuable supplement to health insurance, particularly as healthcare expenses rise and affordability becomes a challenge.
Trending Voluntary Benefits
Here are some voluntary benefits that are currently popular or expected to gain traction this year:
- Supplemental Health Insurance: As healthcare costs continue to rise, more employees are looking for ways to manage unexpected expenses like deductibles, copays, coinsurance, and other out-of-pocket costs during accidents, serious illnesses, or hospital stays. Accident, critical illness, and hospital indemnity insurance can help fill these gaps. Unlike major medical insurance, these supplemental plans are not subject to many federal health and benefits regulations, making them a more affordable option. By offering additional coverage, these policies provide employees with peace of mind and financial stability when faced with health challenges.
- Student Loan Repayment Assistance: One in four U.S. adults under 40 have student loan debt, according to the Pew Research Center. Educational assistance programs, traditionally used for expenses like tuition and supplies, can now also cover principal and interest on qualified education loans, with payments made directly to the lender or the employee. This benefit, allowing up to $5,250 in tax-free student loan repayment annually, expires on December 31, 2025.
- Term Life Insurance: Achieving financial security is a priority for many Americans, including being prepared for the loss of a loved one. While 80% of Americans worry about their financial readiness in the event of an unexpected death, nearly 30% still do not have life insurance, according to Guardian. Many organizations offer base-level group term life insurance, partially or fully funded by the employer, with the option for employees to purchase additional coverage. Since employers have already vetted and selected policy options, group life insurance can be an easy choice for employees.
- Cybersecurity and Identity Theft Protection: With increasing cyberattacks, data breaches, and identity theft incidents, employees are more aware of digital risks. Protecting personal and financial information has become a priority. Additionally, the shift to remote and hybrid work environments has introduced new security challenges, as personal devices and home networks are often less secure than corporate systems.
Legal Plans and Services: Legal plan voluntary benefits are highly relevant because employees often require legal assistance for personal matters. These plans alleviate stress, reduce work disruptions, and offer support for various situations, including estate planning, real estate, and traffic issues.
Today’s workforce is diverse, with varying needs and priorities. Employees are no longer content with a one-size-fits-all benefits package. Many workers want benefits that cater to their unique lifestyles, financial situations, and personal goals. Voluntary benefits provide employees with the flexibility to choose the perks that matter most to them, creating a more customized and engaging compensation package.
by admin | Apr 9, 2025 | Hot Topics, Human Resources
In an era defined by rapid technological advancement, the nature of leadership is evolving at an unprecedented pace. As artificial intelligence, remote work, and digital communication tools become increasingly integrated into our professional lives, the role of human connection in leadership has never been more crucial. The future of leadership will hinge on the ability to balance technological efficiency with the essential human elements of empathy, communication, and emotional intelligence.
The Rise of Digital Leadership
Technology has reshaped the way organizations operate, making leadership more complex and multidimensional. Leaders now manage teams that may be dispersed across different time zones, cultures, and work environments. This shift has necessitated the rise of digital leadership—a model that leverages technology while fostering engagement and collaboration in virtual spaces.
Digital leadership requires adaptability, as traditional face-to-face interactions are increasingly replaced by video calls, instant messaging, and artificial intelligence-driven solutions. However, the challenge lies in maintaining authentic relationships despite physical distance. The leaders of the future must develop new strategies to ensure that employees feel connected, valued, and motivated.
The Importance of Human Connection
Despite technological advancements, the human need for connection remains unchanged. Studies have shown that employees who feel a strong sense of belonging and purpose within their organizations are more engaged, productive, and loyal. Leadership in the digital age must prioritize these elements to create thriving workplaces.
Key aspects of human-centered leadership include:
- Empathy and Emotional Intelligence – Leaders must be able to understand and relate to the emotions of their employees, recognizing the challenges they face and offering support where needed.
- Authentic Communication – Open, honest, and transparent communication builds trust and fosters strong relationships, even in virtual settings.
- Active Listening – Leaders should prioritize listening to their teams, ensuring that diverse perspectives and ideas are heard and valued.
- Well-being and Work-Life Balance – In a world where work and personal life are increasingly intertwined, leaders must advocate for policies that support employee well-being and mental health.
Leveraging Technology to Enhance Connection
Rather than replacing human interaction, technology should serve as a tool to enhance connection. Leaders can leverage digital platforms to create inclusive and collaborative environments. Tools such as virtual reality, artificial intelligence, and data analytics can help leaders personalize engagement, understand team dynamics, and foster meaningful relationships.
Additionally, organizations can implement strategies such as regular virtual check-ins, team-building exercises, and digital mentorship programs to strengthen connections. Investing in digital literacy and training ensures that leaders and employees can effectively navigate the evolving landscape of work.
The Leadership Model of the Future
The future of leadership will be defined by a hybrid approach—one that seamlessly integrates technological innovation with human-centric values. Leaders who prioritize human connection, emotional intelligence, and adaptability will be best positioned to navigate the complexities of a digital world.
As we move forward, organizations must recognize that technology is not a substitute for leadership but rather a tool that, when used wisely, enhances the depth and impact of human relationships. The leaders who succeed in this new era will be those who understand that, despite all the advancements, the core of leadership remains unchanged: people leading people.
by admin | Apr 1, 2025 | Uncategorized
The generations at work – Gen Z, Millennials, Gen X, and Baby Boomers – continue to fascinate business leaders and especially those in HR, who are charged with talent management. Trying to understand each generation’s attitudes, habits, and history is important. While each person is unique, these shared generational experiences can help people better orchestrate teams and get the most out of individuals. Of course, nothing beats one-on-one training and communication, but generational preferences can be a starting point for leaders.
As a result, Corey Seemiller, an award-winning professor in the Department of Leadership Studies in Education and Organizations at Wright State University, continues to research the generations at work. Recently, she co-wrote the book Generations in the World of Work (Routledge, 2025), which includes firsthand research. Along with her co-author, Meghan Grace, Seemiller provides an overview of how each generation is facing certain workplace issues like work from home versus return to office policies.
Seemiller recently sat down with HR Exchange Network to share her thoughts on the generations at work during what is an inflection point for the workplace and geopolitics. Discover what she thinks about how the next generations will carry us into the future:
HREN: What are some key findings about generational differences in the workplace?
CS: Our study revealed both commonalities and differences across generations. We found that trust and loyalty are important to all generations. However, there were notable differences in perceptions of well-being, leadership, and feedback preferences. Each generation also has distinct preferences for delegation and management styles.
HREN: How do different generations prefer to be managed?
CS: Baby Boomers tend to prefer participatory leadership. Gen X values independence and clear objectives. Millennials often need detailed instructions and frequent feedback. Gen Z typically requires clear boundaries and expectations. It’s crucial for managers to understand these differences and adapt their management style accordingly.
HREN: What impact might younger generations have on traditional business hierarchies?
CS: We’re seeing a trend where younger employees are sometimes turning down promotions, which could lead to a “conscious uncoupling” from traditional career paths. This shift may significantly impact traditional business hierarchies. Organizations will need to rethink how they cultivate future leaders and create attractive positions to retain talent.
HREN: How are remote work policies affecting Diversity, Equity, and Inclusion (DEI) initiatives?
CS: There’s growing concern that backlash against remote work and the implementation of regressive policies could negatively impact DEI initiatives. Younger employees, in particular, may be less willing to accept these policies. This could potentially lead to increased freelancing or exits from the corporate sector, affecting the diversity of the workforce.
HREN: What misconceptions exist about Gen Z in the workplace?
CS: A common misconception is that Gen Z is lazy. However, this view fails to consider the significant economic challenges they face. These include high costs of living, substantial student debt, and often low entry-level wages. It’s important to look at the broader context when assessing Gen Z’s work ethic and motivations.
HREN: What does the future of work look like according to your study?
CS: Our research suggests that the future of work will likely involve more flexibility in work arrangements and an increased emphasis on employee choice. Organizations will need to clearly demonstrate their commitment to inclusion to attract and retain talent. We may also see potential leadership challenges if younger generations continue to opt out of traditional career paths.
HREN: How can organizations better understand and manage different generations in the workplace?
CS: Organizations should focus on recognizing the different motivations and values of each generation. They should tailor management styles to suit different generational preferences and provide comprehensive DEI training. It’s crucial to create attractive, fair positions to retain talent across all generations. Ultimately, the key is to focus on understanding the experiences and perspectives of different generations for effective collaboration and management.
By Francesca Di Meglio
Originally posted on HR Exchange Network
by admin | Mar 24, 2025 | Hot Topics, Human Resources
For decades, the traditional hiring process has heavily relied on resumes, degrees, and years of experience. However, the modern workplace is rapidly evolving, demanding a shift towards a more dynamic and inclusive approach: skills-based hiring. This emerging trend prioritizes a candidate’s demonstrable abilities over traditional credentials, opening doors to a wider pool of talent and fostering a more agile and adaptable workforce.
The Limitations of Traditional Hiring
Traditional hiring methods often overlook talented individuals who may lack formal education or specific work experience but possess the precise skills needed to excel in a role. Resumes can be poor indicators of actual competence, and relying solely on degrees can perpetuate systemic inequalities. This narrow approach limits access to diverse perspectives and skill sets, hindering innovation and growth.
What is Skills-Based Hiring?
Skills-based hiring focuses on evaluating a candidate’s proficiency in the specific skills required for a particular job. This can involve various assessment methods, including:
- Skills Assessments: These can range from coding challenges and writing samples to simulations and practical tests that directly measure a candidate’s abilities.
- Work Samples: Candidates may be asked to complete a project or task representative of the actual work they would be doing.
- Behavioral Interviews: These interviews focus on understanding how a candidate has demonstrated specific skills in past situations.
- Portfolio Reviews: For creative or technical roles, portfolios showcase a candidate’s past work and highlight their skills.
Benefits of Skills-Based Hiring
The shift towards skills-based hiring offers numerous advantages for both employers and job seekers:
- Access to a Wider Talent Pool: By looking beyond traditional credentials, companies can tap into a more diverse range of talent, including individuals with non-traditional career paths, those returning to the workforce, and those who have gained skills through alternative learning experiences.
- Improved Hiring Accuracy: Skills-based assessments provide a more accurate picture of a candidate’s actual abilities, leading to better hiring decisions and reduced employee turnover.
- Increased Diversity and Inclusion: Skills-based hiring can help level the playing field for individuals from underrepresented groups who may face barriers in traditional hiring processes.
- Faster Hiring Cycles: By focusing on specific skills, companies can streamline the hiring process and make quicker decisions.
- Enhanced Employee Development: Skills-based hiring emphasizes the importance of continuous learning and development, encouraging employees to acquire new skills and stay relevant in a rapidly changing job market.
Challenges and Considerations
While the benefits are significant, implementing skills-based hiring requires careful planning and execution. Companies need to:
- Identify Key Skills: Clearly define the specific skills needed for each role.
- Develop Effective Assessments: Create assessments that accurately measure the required skills and are free from bias.
- Train Hiring Managers: Equip hiring managers with the skills to evaluate candidates based on their abilities rather than traditional credentials.
- Embrace a Culture of Learning: Foster a workplace culture that values continuous learning and supports employees in developing new skills.
The Future of Hiring
Skills-based hiring is not just a trend; it’s a fundamental shift in how companies approach talent acquisition. As the demand for specialized skills continues to grow, organizations that embrace skills-based hiring will be better positioned to attract, retain, and develop the talent they need to thrive in the future. By focusing on what people can do rather than just what they have done, we can create a more equitable and dynamic workforce that benefits both individuals and organizations.
