Practical HR Tips, News & Advice. Updated Daily.
Benefits and compensation packages play a major role in employee happiness and retention. Forbes found that employees have been prioritizing paid leave, reproductive benefits, menopause benefits, and family forming benefits. But, the bottom line that most workers look for in an employer is “benefits transparency.” As a leader, do you measure up to these expectations? […]
As burnout continues to weaken the workforce at hospitals across the country, CEOs must take action to create a sustainable environment for their employees. According to more than 20,000 physicians and more than 32,000 nurses surveyed for a KLAS Arch Collaborative report, improving staffing and aligning leadership with staff were the number one and number two […]
Question: Would it be noncompliant to require employees to work both the day before and the day after a holiday in order to receive holiday pay? Also, would it break any pay laws not to provide holiday pay to an employee who calls out sick before a holiday? Answer: Federal law doesn’t require pay for […]
Benefits and compensation are an integral component of the HR space. They can directly influence retention and employee engagement, as they span the health, financial, and work/life balance spaces. According to SHRM, the top 5 benefits categories that mattered most to employees were health-related, retirement, leave, flexible working, and family-friendly benefits. So, what should HR […]
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 […]
We’ve enjoyed a full week of online events and digital resources around benefits and compensation. As this year’s Employee Benefits Week comes to a close, let’s take a look at what we’ve learned from the event’s discussions and resources. Monday A Seat at the Table Podcast | Supporting Your Workforce with Divorce Benefits Join host and […]
Although there are many examples of friendships and romances in the workplace, it’s typically a professional environment where people keep personal feelings and information private. This tendency has increased significantly in workplaces that shifted to remote work in the wake of the COVID-19 pandemic. This is unfortunate because improving overall employee well-being can have important […]
Employees are eager for solutions that will help them save money and manage their healthcare expenses. Simply consider the fact that more than 35.5 million Americans are enrolled in health savings accounts (HSAs) to manage healthcare expenses in 2022—a 9% increase since 2021. Unfortunately, there are even more people who are enrolled in HSA-qualified health […]
In this economic environment, employers are doing almost anything to attract and retain a quality workforce. Improving the suite of employee benefit offerings, sometimes without incurring major new expenditures, is top of mind for many. Enter SECURE 2.0, which includes a long-awaited 401(k) feature that has sparked employer interest for years. What Is It? The […]
Talent management professionals have navigated 3 years of upheaval. From the sudden onset of hybrid and remote working models to major fluctuations in the labor market and the current global economic uncertainty, change has been the only constant. In addition to these challenges, there remains the enduring conundrum: how best to support, engage, and retain […]