Category: Benefits and Compensation
This topic provides guidance on how to handle compensation issues in a way that attracts and retains the best talent and advances the strategic goals of your business. You get news and tips on what’s going on nationally and in the states, and updates on changes in regulations, possible governmental action, and emerging compensation trends.
The traditional five-day workweek has been the standard for over a century, but as workplaces evolve, so do expectations around productivity and work-life balance. A growing number of companies are testing—and in many cases, fully embracing—a four-day workweek. While the potential costs of this switch are obvious—a 20% reduction in hours worked—there are other potential […]
More employers are recognizing the importance of embracing a holistic approach to employee health benefits, understanding that a healthy workforce is essential for both individual well-being and organizational success. As such, weight health coverage and support should be – and is increasingly considered – a non-negotiable aspect of comprehensive benefits packages given its link to […]
As the year winds down, employees everywhere are looking forward to a familiar end-of-year tradition: annual bonuses. For companies, this is more than just a financial transaction. Bonuses represent an opportunity to reward performance, align employees with organizational goals, and foster a culture of motivation and accountability. But how companies approach bonuses can vary widely, […]
Lilly Ledbetter, an unintentional icon in the fight for equal pay, passed away on October 12, 2024, at the age of 86. Ledbetter filed a lawsuit in 1999 that sparked an equal pay movement throughout the United States. More than 25 years later, pay disparities still exist in every state. Over the years, Massachusetts has […]
In today’s increasingly competitive job market, employers are continuously seeking ways to enhance employee benefits and attract top talent. While health insurance, retirement plans, and paid time off are essential components of any benefits package, some companies are now offering a less conventional yet highly valuable perk: estate planning services. This benefit not only promotes […]
The relationship between employees and companies is in the middle of a fundamental transformation — and this transformation will only gain momentum in 2025. Employees are demanding to be treated as unique individuals with their own concerns, financial goals, and professional aspirations. They want holistic support that covers everything from work-life balance to financial well-being. […]
Recently, the Departments of Health and Human Services (HHS), Labor (DOL), and Treasury proposed new regulations aimed at promoting access to contraception. Separately, the Internal Revenue Service (IRS) and DOL recently published additional pieces of guidance affecting health plans. Self-funded health plan sponsors in particular should review these proposed rules and recent notices and determine […]
Question: An employee who has been approved for intermittent Family and Medical Leave Act (FMLA) leave to care for his mother is asking for two days off to bring his mother to his cousin’s funeral in another state. Would this also be covered under the FMLA? Answer: The employee may be covered under their FMLA […]
Employer-sponsored healthcare has long been a highly valued benefit for over 60% of employees—and with good reason. Healthcare is expensive and can lead to financial hardship in the absence of a comprehensive, affordable health plan. Yet, navigating the U.S. healthcare system has become increasingly challenging for employees, leading to widespread frustration and lack of understanding […]
During the holidays, when stress can run high and finances low, it’s more important than ever that employees understand how to use their flexible spending account (FSA). However, lack of awareness and understanding of what’s eligible can cause employees to leave FSA funds on the table at the end of the year. According to an […]