Have you reevaluated your employee benefits package since social distancing was implemented? It’s likely that your pre-pandemic perks, plans, and promises won’t hold up after COVID-19 passes. You’ll need new, creative benefits to retain talented employees and snag new superstars.
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.
Instead of beautiful beaches, outdoor adventures, or exotic locales, we are facing the realities of travel restrictions, social distancing requirements, and continued health fears. While we grapple with these issues, it’s starting to occur to managers that many employees have likely not taken vacation or other paid leave (unrelated to COVID-19) because they haven’t needed to do so.
The U.S. Department of Labor (DOL) has announced a new rule that potentially could allow more employers to take advantage of the overtime exemption allowed for certain employees who are paid on commission.
When COVID-19 hit our economy, workplaces were focused on reacting and responding (often in real time) to address and mitigate the fallout to their business and workforce. The toll on both has been substantial. Every workplace and every worker has been impacted, and industries like retail and hospitality and low- and moderate-income workers have borne […]
New research into the Bureau of Labor Statistics conducted by JobList found there are a few occupations in which women earn more than men, including billing, reservations, travel clerks, and advertising sales. However, the number of occupations for which this was the case was much smaller than the number of occupations in which men made […]
The COVID-19 pandemic has created much uncertainty in the employment sector. One issue employers are facing is how to handle paid time off (PTO) payouts.
While the number of COVID-19 cases appears to be plateauing in much of the country, employees continue to have more questions and concerns about their health benefits and coverage than ever.
In recent weeks, we’ve seen the strain placed on the American healthcare system by COVID-19. The pandemic has exacerbated an existing problem: There’s not enough care to go around.
Some states are loosening restrictions and allowing at least some businesses to reopen. But as anxious as people are to resume their pre-COVID-19 lives, some employees are hesitant to go back.
In times of economic uncertainty and crisis such as this, employers often take the extreme cost-savings measure of reducing their workforce through layoffs or furlough.