Practical HR Tips, News & Advice. Updated Daily.
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.
Income inequality is one of the most impactful and persistent sources of broader inequality in the United States, with women, Hispanics, and African Americans earning considerably less than white and Asian men. To address this problem, jurisdictions around the country have turned to pay transparency laws, which require employers to share pay information with job […]
Research indicates that after having children, the wage gap between men and women expands substantially. This is largely due to more mothers opting for part-time jobs like child care or other family responsibilities over higher-paying full-time roles. Unfortunately, this perpetuates a cycle of gender inequality in the workplace, hindering female workers from achieving their potential […]
Non-cash incentives are playing an important role in today’s employee attraction and retention strategies. The Great Resignation has started an important conversation, and workers have shown through their actions that they want to be seen as more than a cog in the machine. Employees are looking for more than a standard salary and benefits from […]
For many employees, fertility benefits are no longer a nice-to-have—they’re a must-have benefit. To stay ahead in efforts to attract and retain talent, companies must offer inclusive support and options. So what does an inclusive fertility benefits package look like? Tara Travieso, Consultant Relations Executive at Carrot Fertility, answers this question. For more in-depth DEI best […]
Employees are eager for solutions that will help them save money and manage their healthcare expenses. Simply consider the fact that more than 35.5 million Americans are enrolled in health savings accounts (HSAs) to manage healthcare expenses in 2022—a 9% increase since 2021. Unfortunately, there are even more people who are enrolled in HSA-qualified health […]
In today’s work environment, U.S. employees are experiencing increasing levels of stress and burnout due to longer workweeks, the labor shortage, the return of time-consuming commutes, increased responsibilities post-COVID and other similar issues that can impact mental and physical health. A recent report released by LLC.org ranked the top 30 “Most Stressful Cities to Work […]
Environmental, social and governance (ESG) has become a cornerstone of corporate attitudes. Throughout the last decade, companies have ramped up their sustainability initiatives and concentrated on creating diverse and equitable teams. However, employee well-being tends to get overlooked. Following nearly three years of pandemic pandemonium, employees, companies, and investors view health as integral to the […]
When determining how to compensate nonexempt employees, employers have a variety of options. Paying an hourly rate is certainly the most common, but other methods include salary, commissions, daily rates, and piece-rate pay (sometimes referred to as piece work). Piece-rate pay refers to a system in which employees are paid a fixed amount per item […]
A quick SECURE Act 2.0 summary is nearly impossible to give. Like the original 2019 SECURE Act, the goal of the update was to increase the number of companies offering retirement plans and to increase employees’ participation in those plans. While the original SECURE Act brought forth new changes, SECURE Act 2.0 far exceeds the […]
Getting “back to normal” as the COVID-19 pandemic has eased has not been simple for anyone. In terms of plan administration, the continued tolling of employee benefit plan deadlines, including those related to continuation coverage under the Consolidated Omnibus Budget Reconciliation Act (COBRA), has kept plan administrators firmly planted in a “COVID-19 world,” even as […]