Tag: Compensation

Why 2025 will be a Pivotal Year for Benefits

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. […]

How Employers Can Empower Healthier Lives in 2025

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 […]

5 Ways FSAs Can Help Employees Save Money and Start the New Year in Good Health

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 […]

Best of Faces of HR 2024

HR Daily Advisor‘s Faces of HR column is a weekly series, profiling the amazing work being done by members throughout the HR community. Not only do we take a closer look at the successes, challenges, aspirations, and opinions of HR professionals, but we also share personal experiences providing a bit more insight into each individual. This […]

How to Create a Winning Total Rewards Strategy in 2025

In 2025, companies aiming to stay competitive will need to transition from fragmented compensation and benefits programs to a unified total rewards strategy that aligns employee support and expectations with core business objectives. This strategy should cover every aspect of the employee experience—from employee well-being and compensation to career growth.   By implementing a comprehensive, […]

Emergency Savings: The Unsung Hero of Retirement Security 

In employee benefits and retirement planning, we often focus on 401(k)s and other long-term savings vehicles. However, a critical piece of the financial security puzzle is often overlooked: emergency savings. For HR and benefits professionals, understanding the importance of emergency savings accounts (ESAs) is crucial to developing comprehensive financial wellness programs that truly serve employees.  […]

In A Win for Public Employers, CA Supreme Court Rules PAGA Penalties, Other California Wage & Hour Laws, Do Not Apply

In August 2024, the California Supreme Court decided Stone v. Alameda Health System, which clarified that the meal and rest break requirements of the California Labor Code at sections 226.7 and 512 and other Labor Code provisions do not apply to public employers. The Court also held that the California Private Attorneys General Act (PAGA) penalty […]

Keeping Salaries Secret—A Losing Game

Employees have long been exhorted not to share their salaries with others. Of course, those exhortations have notoriously not worked, as a recent survey demonstrates. What the Survey Tells Us A survey of 1182 employed Americans conducted by Self Financial revealed some interesting insights into what they do, and don’t share about their salaries—and how […]

Using Non-Financial Rewards to Incentivize Employees

Companies often default to financial strategies to drive desired employee behaviors, whether those behaviors are increased engagement, ownership and initiative, or simply better employee retention. For instance, a manager might promise a promotion and accompanying raise to an employee who succeeds in completing a challenging project. Or an organization might motivate staff through a quarterly […]