For most HR professionals, enrollment season is no longer top of mind—it’s either months behind them or still a few months away. But the relative quiet of late winter/early spring is actually the ideal time to evaluate the last open enrollment season and benefits communications from the past year to prepare for the year ahead.
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.
Recent research shows that organizations are continuing to attract and retain top talent by offering personalized and expanded employee health benefits. Employees and candidates have high expectations when it comes to such benefits, and employers have been forced to accommodate those expectations. Specifically, they are focusing on lifestyle benefits that go beyond health care.
In recent years, there has been an increase in remote working, which, in turn, has created a rise in shorter employee vacations. In the past, employees often opted for extended weeks of vacation time so they could get away from the office and spend some much-needed time at home.
State and local governments throughout the country have increasingly adopted laws and regulations that prohibit employers from inquiring about a job applicant’s salary history during the interview process.
As the labor market continues to sway in jobseekers’ favor, it should come as no surprise that candidates also feel more inclined to negotiate their salaries before accepting a job offer.
Vermont’s minimum wage bill (S.23) has gone through the ringer over the last few weeks, but in 2021, it will finally become law. Learn more about the course this bill has taken.
If you’re seeing the headline and asking, “What is ESPP?” you’re not alone. “ESPP” stands for employee stock purchase plan or employee stock purchase program.
A recent survey found that approximately one-third of adults find ordinary health-related tasks, like correctly taking prescription drugs, challenging. This general challenge is often exacerbated by poor employee benefits communications. When employers fail to properly educate their employees on their employee benefits, those employees are much more likely not to take advantage of them.
Believe it or not, there is no shortage of cynics when it comes to the view that men and women are paid differently, even when they’re producing work that is equal in both quality and impact.
Caregiving benefits are on the rise. A recent survey shows that the majority of employers in the United States are increasing paid leave benefits. That includes expanding existing benefits, adding new benefits, broadening eligibility, and more.