Practical HR Tips, News & Advice. Updated Daily.
During the holidays, when stress can run high and finances low, it’s more important than ever that employees understand how to use their flexible spending account (FSA). However, lack of awareness and understanding of what’s eligible can cause employees to leave FSA funds on the table at the end of the year. According to an […]
Over the past year, numerous employers and their 401(k) plan fiduciaries have faced lawsuits regarding how forfeited employer contributions to their 401(k) plan are used. This wave of lawsuits began approximately a year ago when an employees’ law firm filed putative class action lawsuits raising this novel claim in California federal courts against multiple large […]
HR Daily Advisor‘s Faces of HR column is a weekly series, profiling the amazing work being done by members throughout the HR community. Not only do we take a closer look at the successes, challenges, aspirations, and opinions of HR professionals, but we also share personal experiences providing a bit more insight into each individual. This […]
Question: We have an employee who took four days off to tend to his daughter in the hospital after she received a C-section and another who wants to take three weeks off to assist her sibling going through chemotherapy. Would the absences in both scenarios fall under the Family and Medical Leave Act (FMLA)? Answer: […]
In 2025, companies aiming to stay competitive will need to transition from fragmented compensation and benefits programs to a unified total rewards strategy that aligns employee support and expectations with core business objectives. This strategy should cover every aspect of the employee experience—from employee well-being and compensation to career growth. By implementing a comprehensive, […]
In employee benefits and retirement planning, we often focus on 401(k)s and other long-term savings vehicles. However, a critical piece of the financial security puzzle is often overlooked: emergency savings. For HR and benefits professionals, understanding the importance of emergency savings accounts (ESAs) is crucial to developing comprehensive financial wellness programs that truly serve employees. […]
At a time when employees have been dealing with high inflation and economic volatility for several years, many have been forced to rely on short-term financial fixes at the expense of long-term financial stability. This could mean siphoning money out of their savings, early 401(k) withdrawals, or even taking out payday loans. Payday loans are […]
As we process the results of our election, half of the United States is feeling euphoric, and half is despondent. We are a fractured nation – that much is clear. We all need to reflect on the circumstances that have brought us to this place. Employers have an opportunity and obligation to consider their role as stewards […]
Racing to meet that work deadline, rushing across town to make it just in time for the big soccer game, and that important appointment still hasn’t been scheduled–it goes without saying that balancing the demands of being a working parent is difficult, and the toll on parents’ mental health is worsening. The recent advisory from […]
It’s no surprise to employers that too many workers are more than a little distracted from stress over how to make ends meet, leading many organizations to launch financial wellness programs. But employers have questions. Chief among them: What should such programs include, and how well do they work for employees? Healthcare Help an Option […]