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.
Last year, President Joe Biden signed into law far-reaching retirement plan legislation known as the SECURE 2.0 Act that includes many new rules for employers and their qualified requirement plans. In late August 2023, the IRS issued a notice delaying for two years the implementation of one of the Act’s rules—about deferrals known as catch-up […]
When an employee comes to you with a proposed job modification to accommodate a health condition, consider the requested accommodation. But remember: You can offer a different accommodation that addresses the employee’s health condition but doesn’t pose the operational challenges the employee’s requested accommodation would cause. That’s the route UPS took with one of its […]
After several tumultuous years for HR leaders and employees, companies are reassessing how they can maximize their workforces’ well-being. Paid time off (PTO) is a critical part of this process, as it gives employees the space to relax, focus on relationships, and take care of personal responsibilities and needs. This enables employees to come back […]
On August 8, 2023, the U.S. Department of Labor (DOL) issued new regulations addressing prevailing wage requirements under the Davis-Bacon Act (DBA). The final rule alters how the DOL will calculate the prevailing wage applicable to a given classification and makes additional significant changes to the DBA regulatory scheme. 50% Rule Replaced by 50%/30% Rule Under […]
Interest continues to grow in programs that allow workers to access at least part of their pay ahead of their regular payday. Surveys consistently show that on-demand pay—often called earned wage access (EWA)—is a popular perk for many employees and employers alike. Employers see it as a way to attract and retain workers, and employees […]
54% of American workers report being content with the benefits their current employer offers. As employers prepare for open enrollment season, many may be considering implementing new perks that appeal to the remaining 46% of workers. Joshua Dunsby, PhD, VP of Client Advocacy and Consultant Relations at One Medical; Sony Jean-Thornton, Senior HR Business Partner […]
The ability to work remotely has been a big boon for both employees and organizations. COVID-19 accelerated experiences in working virtually for a significant portion of the workforce. But, while the digital age has powered the ability to work remotely, and conveniently, from virtually anywhere, as the boundaries between professional and personal lives have blurred, […]
Sepsis, a life-threatening condition stemming from the body’s response to infection, is a growing concern not only in the United States, but also worldwide. By exploring the disturbing statistics surrounding sepsis, its economic impact, the challenge of antimicrobial resistance and the potential of AI-driven solutions, we can recognize the critical role employers and comprehensive benefits […]
Our nation’s mental health crisis, declared by President Joe Biden, significantly impacts employees’ wellness and productivity in the workplace. The impact on productivity from mental health episodes is alarming: COVID-19 has had a significant impact on employee mental health. The pandemic brought about a range of stressors and challenges that have affected people’s mental well-being […]
Monday September 18th is International Equal Pay Day. Monster recently found that only 15% of the workforce hasn’t experienced a form of pay inequality. And, the workplace shifts to be more and more transparent, 63% of workers admit speaking to their coworkers about their pay. In honor of Equal Pay Day and to encourage leaders […]