Tag: benefits

Pros and Cons of Employee Probationary Periods

Does your organization utilize probationary periods for new hires? During a probationary period, it is typically expected that the new hire’s performance will be evaluated, and the individual can be let go for any reason, including if his or her performance does not meet the established performance standards.

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Ivanka Trump, Senators Advance Ideas on Paid Family Leave

As the idea to make paid family leave mandatory continues to gain attention, employers may be wondering what various paid leave proposals might mean for their businesses. A June 20 meeting between first daughter and presidential adviser Ivanka Trump and a handful of senators doesn’t draw a clear picture of what may be in store, […]

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The Benefits of Total Compensation Statements (And Pitfalls To Avoid)

Summer is upon us, and you know what that means: soon 2018 planning will begin. Perhaps you’ve been considering providing employees with a total compensation statement. These can be a way of giving employees a more complete picture of the benefits you provide, which may lead them to appreciate you more as their employer. At […]

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benefits

Bill Proposes Benefits for Gig Workers

A bill introduced in both houses of Congress would create a pilot program to provide employment benefits to gig workers. This Portable Benefits for Independent Workers Pilot Program Act (S. 1251, H.R. 2685) would allot the U.S. Department of Labor (DOL) $20 million to test portable benefits in fiscal year 2018. “[A] growing number of […]

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Pros and Cons of Surprise Raises

With low unemployment comes an increasing risk of turnover—and this makes employers weary in times when the economy is growing but not skyrocketing. Employers today are facing these risks and trying to determine how to keep employees happy and motivated—and keep them from job searching in their spare time. Some employers are opting to provide […]

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Sick leave

Paid Sick Leave for Employees in Chicago Area Effective July 1

Most employers in Chicago and Cook County will be required to offer paid sick leave beginning July 1. The city of Chicago passed a sick leave ordinance last summer, and Cook County (where Chicago is located) passed a nearly identical law in October. The ordinances apply to all businesses that are located in the city […]

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financial wellness

4 Tips for Incorporating a Financial Wellness Program in Your Company

Benefits specialists identify providing financial wellness training and tools as a key workplace trend for 2017.  “Financial wellness is hot. In the past year, the number of employers recognizing the impact financial stress has on employee productivity reached critical mass. As a result, we are seeing a big jump in the number of companies saying […]

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