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.
Recently, Connecticut significantly expanded its paid sick leave law. Among other changes, the law will apply to more (and eventually all) Connecticut employers and will allow employees to use paid sick leave for illnesses suffered by a broader array of family members. Original Paid Sick Leave Law Connecticut originally passed a paid sick leave law […]
Disparate treatment of women in the tech industry is, sadly, almost a cliché of that industry, even after years of attention focused on such problems, which include everything from pay disparities and uneven promotion rates to sexual harassment and even violence. But the negative impacts of this treatment don’t fall solely on female employees. Tech […]
In the battle for talent in the U.S. labor market, employers have several arrows in their quivers: salary, annual bonuses, benefits like health and dental insurance, vacation time, flexible scheduling, company culture, etc. All of these can be used to entice candidates to apply to work for a given employer, and these various arrows can […]
Attracting and retaining high-performing workers—always a challenge—has become a struggle for many employers, leading them to rethink the perks they offer. Some are happy to offer free snacks, others hope to lure people with the promise of generous time-off policies. Do some employees want to bring their pets to work, take time off to help […]
In the modern, information-based economy, human talent is incredibly important to just about any organization. Finding, recruiting, and retaining that talent is consequently extremely important as well, and businesses have many strategies aimed at retention, from creating diverse and inclusive workspaces to tenure-based bonuses and advancement schemes. But what ever happened to the ultimate corporate […]
Effective July 1, 2024, Chicago employers will need to comply with the city of Chicago’s paid leave and paid sick and safe leave ordinance. The ordinance requires Chicago employers and employers with Chicago-based remote workers to provide up to 40 hours per year of paid leave and 40 hours per year of paid sick leave […]
Medical care is very personal, and so are the expenses that go along with it. Many eligible individuals choose to manage their medical care costs with a health savings account (HSA). According to the Consumer Financial Protection Bureau, there were approximately 36 million HSAs active in 2023, and these accounts collectively held more than $116 […]
Companies are increasingly recognizing the importance of offering comprehensive health benefits, including family-forming solutions such as in vitro fertilization (IVF). Integrating family-forming benefits, such as IVF support, into employee health plans is a strategic initiative that offers significant advantages. These benefits alleviate financial burdens, boost employee retention, and enhance workplace productivity, providing substantial value to […]
Hiring a new employee takes time—for example, time completing paperwork before the start date, as well as time reviewing policies and procedures and completing training. But how much of that time is considered compensable under the Fair Labor Standards Act (FLSA)? Orientation and Onboarding The FLSA generally counts a new hire’s time spent in orientation […]
On June 14, the U.S. Supreme Court agreed to decide an important Fair Labor Standards Act (FLSA) question—namely, whether an employer claiming an exemption from overtime needs to prove it by “clear and convincing” evidence (a very high standard) or by a preponderance of the evidence (a lower, easier standard to meet). The decision is […]