As the name implies, portable benefits are benefits that can be tied to the person, not the job, and thus can be carried into a new job. The benefit itself is ported either into the new employer’s plan or to the individual on his or her own. This is possible and common with many types […]
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.
When you mix business with leisure, you get an attractive new employee benefit: bleisure travel. Just what is it, and why would you offer it? For those answers, I spoke with expert Wen-Wen Lam.
Today, it’s normal for people to spend 40+ hours a week working. Because employees dedicate such a substantial amount of time toward the companies they represent, it’s necessary for employers to curate a workplace experience that supports their hard work and keeps them invested.
The U.S. Department of Labor’s (DOL) new final rule covering how benefits affect employees’ regular rate of pay provides clarity for employers that offer the innovative benefits packages that have become popular in recent years.
Minimum wage increases will affect numerous states across the country in January 2020.
A common benefit that many employers now offer to employees is a 401(k) plan to assist them in saving for retirement. This type of benefit is typically highly valued by employees, and of course, employers want to take steps to ensure it’s administered properly—both legally and in terms of not making mistakes that impact employees.
“Ignore them and they will go away” was advice that I heard about bullies when I was a kid (and about teeth by one snarky dentist). Whether that approach works or not, that certainly seems to be what fellow employees do most often to their toxic co-workers. Recent research shows that 44% of respondents say […]
As an HR manager, you are probably keenly aware of competitive salary rates for your employees. But what about your salary? Where are the best jobs in HR, and which ones pay the most? A recent analysis sought to answer these questions. The analysis—called Where Are HR Managers Making the Most?—was recently released by Simply […]
In a tight labor market, employers need to pull out all the stops to attract and retain top talent. One way to entice jobseekers to accept the offer is to negotiate a variety of perks, but beware: Candidates will lose interest if your company is unwilling to negotiate beyond the salary level.
It’s the time of year when employers are thinking of creative ways to thank employees and provide a bit of holiday cheer. The gift you choose, however, could have tax consequences for employees, which may not be a welcome prize from their perspective.