Tag: benefits and compensation

How to Alleviate Burnout: A Look into the Healthcare Industry

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 […]

Ask The Expert: Holiday Time To Pay or Not To Pay?

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 […]

Best of Benefits & Compensation 2023

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 […]

Prevailing Wage Update: DOL’s Revamp of DBA Approaches Final Rule

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 […]

What We Learned From … Employee Benefits Week 2023

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 […]

The Benefits of Focusing on Employee Well-Being

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 […]

401K Matching for Student Loan Payments Finally Arrives

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 […]

4 Ways to Retain Employees During an Economic Downturn

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 […]

The Comeback of the Corporate Fitness Center

We all know the pandemic did a number on employees. More specifically, it isolated people from colleagues and friends at work. Over the last 3 years, those relationships have taken a big hit. However, now we’re starting to see two things: 1) Employers are (slowly) starting to bring employees back into the office (i.e., Disney’s […]