EMPLOYEE BENEFITS

Betterleave Bereavement Launches Exclusive, Bereavement Benefit for Employees

Betterleave | April 04, 2022

Workplace News
Betterleave Bereavement announced the launch of its bereavement care platform for employers and health plans, built to support employees experiencing the death of a family member, friend, colleague, pet or pregnancy loss. Companies use Betterleave to help employees navigate the complex bereavement landscape with the help of care coordinators and top death care experts, products & services together in one place, saving time and money. Betterleave's program delivers bereavement care through personalized funeral, memorial and estate coordination, life & financial planning, and integrated grief resources.

"Betterleave is addressing a critical gap in employer support by offering a platform that equips HR partners and managers with the tools & insights to support employees experiencing bereavement" 

- Tracy Desmond, Head of Global Benefits, Wellbeing & Mobility at Airbnb.
 

Betterleave is the only comprehensive bereavement benefit for employees, disrupting how the market and employers are approaching bereavement leave & support for working families. By offering tech-enabled, personalized coordination through the Betterleave platform, companies are able to support the wellbeing of their employees.

"At a time when the best talent is looking for more, Betterleave is offering employers a way to demonstrate that they truly care about their employees, We are excited to be part of Betterleave's quest to modernize the death care industry."

- Dana Zachgo Wright, Managing Director at MATH Venture Partners.
 

While the death care industry continues to take steps forward, the majority of providers are still stuck in the past. The experience individuals have today is fragmented, expensive and time consuming–taking over 500 hours to settle affairs after the death of a loved one. Driven by the mission to make understanding and navigating death care effortless, Betterleave has created a platform to help with the administrative, financial, and emotional impact of bereavement.

"We believe that bereavement care is a core and essential component of health and wellbeing, We are not solving for a temporary need or trend, but a fact of life. Bereavement impacts all of us and we plan to drive meaningful, digital & sustained change to the industry."

- Cara McCarty, Founder & CEO, Betterleave.

Founded in 2022, Betterleave is backed by HR Leaders, Strive Ventures, Math Venture Partners, and The Fund.

Spotlight

As with an acquisition, HR plays a critical role in the decisions and actions needed to meet the organization’s overall objectives. While the decision to divest can be driven by the need to rebalance a portfolio, strategically reorganize, or raise capital, the common goal in all cases is to maximize price. As with any complex initiative, organizing the process into defined phases helps clarify the objectives, process, and actions needed to achieve the desired goals.


Other News
EMPLOYEE BENEFITS

LandrumHR Partners with Instant Financial to Provide Employees Immediate Access to Earned Tips

Landrum HR | January 07, 2022

Comprehensive HR solutions provider LandrumHR announces a strategic partnership and integration with the pioneer of responsible earned wage access (EWA) solutions, Instant Financial, enabling clients to provide employees with on-demand, same-day access to earned tips. Instant Tips is an efficient, convenient, safe and secure digital solution for employees and employers alike, eliminating the need for large amounts of cash on hand for paying out tips to employees. Instant also features reporting tools for employers with back-office solutions to track daily tips, employee lists, reconciliation, and settlement reports. Additionally, the Instant Support team is available 24/7 to help employers and their employees find success with their offerings. Instant Tips marks first phase of LandrumHR's new earned wage access offerings. "We partnered with Instant Financial to enable our worksite employees to cash out tips directly into their accounts, with no fees, immediately after they work, We're very excited to offer this service, as access to earned income has been a pain point for many clients, particularly in the hospitality industry." -LandrumHR President & CEO Britt Landrum III. LandrumHR is already working on expanding its relationship with Instant in 2022 to provide same-day access to hourly and salary wages in advance of scheduled pay periods. The implementation of both Instant Tips and Instant Pay will give small and medium-sized businesses an advantage in attracting and retaining talent in a competitive labor market. "The COVID-19 pandemic sped up an already existing shift toward employee demand for instant access to wages, and we know from recent industry surveys that demand is expected to grow, even post-pandemic, LandrumHR is a leader in providing a full range of HR services for small and medium businesses, and our partnership enables employers to provide workers with immediate access to their tips, aiding with hiring and job loyalty." -Tal Clark, CEO, Instant Financial. Employees who use Instant will gain easy access to their tips via the Instant Visa Card with bank transfers, a network of over 37,000 free ATMs nationwide, and a cashback option that's free with purchase at participating merchants. The Instant app also provides employees with a notification when tips are loaded in their account and ready to access. Instant Tips is the latest addition to LandrumHR's range of PEO services, following recent new offerings like Health Advocate for wide-ranging medical support and LandrumHR Learn for professional development and HR training. Current LandrumHR clients interested in earned wage access can contact their HR Business Partner for more information. Prospective clients are encouraged to reach out at landrumhr.com/contact-us. About LandrumHR LandrumHR is a professional employer organization (PEO) that provides HR services in the local Pensacola area and throughout the Southeast. LandrumHR offers PEO services for benefits, payroll, timekeeping, compliance, risk management and more. LandrumHR also helps make the business of people easier through our workforce management, staffing and HR consulting services through hrQ. To learn more about LandrumHR services, visit landrumhr.com or hrqinc.com. About Instant Financial Instant Financial is leading the charge to provide financial freedom and wellness to millions of workers in the United States through its earned wage access solutions. By enabling employers to allow employees to access their daily wages immediately after their shift, Instant Financial helps organizations improve retention and reduce absenteeism while helping employees take control of their financial freedom by bridging the gap between work day and payday. Learn more about Instant Financial at instant.co.

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WORKFORCE MANAGEMENT

Better organise your environmental scanning data with STEEP (+L)

Pursuit Technology | February 22, 2022

Environmental scanning is about gathering relevant data to identify external and internal opportunities and threats to an organisation. All the gathering of information means nothing if it can't be easily sorted and understood by stakeholders. In their latest article, the Panorama subject matter experts have dug into the importance of environmental scanning and how a STEEP (+L) framework helps categorise it.

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RECRUITMENT & RETENTION

USO Announces Strategic Relationship with EY to Expand Career Opportunities for the Military Community

EY | February 07, 2022

The United Service Organizations (USO) and Ernst & Young LLP (EY) are joining forces to support professional development within the military community. During a three-year strategic relationship, the USO and EY will create career and mentorship opportunities for service members and their spouses. "The USO and EY share a commitment to helping others become the best versions of themselves. This relationship will allow thousands of our brave troops and their spouses to plan rewarding professional lives that leverage their unique skillsets, EY representatives already sit on six USO advisory boards throughout the United States, and we are looking forward to even more cross-organization engagement in the future." -USO CEO and President J.D. Crouch II. A $1.5M donation and pro bono services from EY will support numerous USO initiatives between Jan. 2022 and Dec. 2024. These include the USO Pathfinder® Transition Program, which connects the military community to employment, education, financial readiness, and mentorship opportunities. It is a crucial resource for the 200,000-plus service members and 650,000-plus military spouses who experience a major life transition each year. The strategic relationship will also strengthen EY's hiring initiatives while raising awareness of the USO's important role in military career development. EY employees will have a chance to meaningfully engage with service members through mentorship, board positions, and storytelling. Each interaction will help bridge the military-civilian divide and give more than thanks to those in uniform. About the USO: The USO strengthens America's military service members by keeping them connected to family, home, and country, throughout their service to the nation. At hundreds of locations worldwide, we are united in our commitment to connect our service members and their families through countless acts of caring, comfort, and support. The USO is a private nonprofit organization, not a government agency. Our programs, services and entertainment tours are made possible by the American people, the support of our corporate partners, and the dedication of our volunteers and staff. To join us in this important mission and learn more about the USO, please visit USO.org or follow us on Facebook, Twitter, and Instagram. About EY: EY exists to build a better working world, helping create long-term value for clients, people and society and build trust in the capital markets. Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate. Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today. EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.

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HR STRATEGY

Flexible Law Degree Offerings Are Attracting Working Professionals

Faulkner Law | January 05, 2022

A growing number of non-traditional students seeking a law degree are discovering new opportunities to pursue a Juris Doctor (J.D.) through the expansion of distance learning and flexible scheduling options approved by the American Bar Association (ABA). One such offering is the Executive J.D. Schedule at Faulkner University Thomas Goode Jones School of Law in Montgomery, Alabama. Faulkner Law's Executive J.D. Schedule provides part-time students with the same curriculum and services as students in their traditional, Full-time J.D. Schedule, only delivered through blended online and in-person courses spread out over a four-year time commitment. In its second year, the Executive J.D. Schedule has welcomed primarily non-traditional, working professionals with an average incoming age of 35. "For over 70 years, Jones School of Law was a part-time, evening J.D. program, This new age of distance learning and online technologies allows us to refocus on this same commitment to offering a legal degree to those students who require the flexibility of schedule to accommodate their professional and personal lives." - Faulkner Law Dean Charles B. Campbell. The blended learning delivery of the Executive J.D. Schedule is ideally suited to students within a three-to-four hour driving radius from the campus that is conducive to fulfilling the in-person learning obligations scheduled two weekends a month excluding the summer. The part-time schedule appeals to working professionals who may have previously thought about becoming a lawyer but could not afford to forgo employment to do so, including current student Preston Roberts, a government relations professional residing in Montgomery. Without this opportunity, Roberts states he would not have been able to pursue his law degree without leaving his career and interrupting his family life. While he acknowledges that law school requires a substantial commitment, he also believes the rewarding outcome will validate the pursuit. The Executive J.D. Schedule offers parity with Faulkner Law's Full-time J.D. Schedule, including integrating bar exam preparedness, maintaining compliance with ABA Standards, providing student services and academic support, and following established admissions standards. Learn more about the part-time Executive J.D. Schedule at law.faulkner.edu/executiveJD. About Faulkner Law Faulkner University's Thomas Goode Jones School of Law is a private, Christian law school in Montgomery, the capital city of Alabama. As an ABA-accredited school, Faulkner Law provides students a rigorous curriculum and hands-on experience to drive both academic success and community service, and celebrates its students who have a desire to use their legal degree to seek justice and serve their communities — wherever that may be.

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Spotlight

As with an acquisition, HR plays a critical role in the decisions and actions needed to meet the organization’s overall objectives. While the decision to divest can be driven by the need to rebalance a portfolio, strategically reorganize, or raise capital, the common goal in all cases is to maximize price. As with any complex initiative, organizing the process into defined phases helps clarify the objectives, process, and actions needed to achieve the desired goals.

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