Tag: Compensation

Is Upskilling the Key to Employee Retention?

The pandemic fundamentally scared companies. For the first time in a number of years, companies were scrambling to hold onto staff and watching a growing wave of vacancies erode any capacity for production, even after forced separation was no longer required. Some corporations even went so far as to continue to pay employees during their […]

9 Ways to Reimagine Failing Health Plans

Here’s how it should work for someone covered by an employer-sponsored health plan: You work hard. You need health care. You visit the doctor, who identifies a current or potential issue and provides the care you need. A month later, you aren’t agonizing over whether you should pay the rent, send your kids to summer […]

Disconnect Between Employers and Employees on Lifestyle Benefits Highlights Communication Gap

Employers and employees are increasingly appreciating the value of nonsalary compensation like employee benefits. When most people think of benefits, they probably think of health insurance, which is an extremely important benefit. But when virtually all employers offer certain foundational benefits, others try to differentiate themselves by offering premium benefits that support employees’ varied lifestyles. […]

How Employers Can Better Support Employees with Migraine Disease

Employers are constantly looking for ways to augment their benefits packages to help their employees be happy and productive. Yet, there’s one major population that is often overlooked: employees with migraine. One in six U.S. workers live with migraine disease, so most employers have multiple team members who are affected, and there is a lot […]

The Big Squeeze Known as Salary Compression

Imagine you’ve been working at the same employer for the past 8 years. You’ve received a couple of promotions, and now as a supervisor, you’re earning $16.50 per hour, or $34,320 annually before overtime. It’s the most you’ve ever earned! The average pay for the staff who report to you is $13.88 per hour, which […]

Workplace Protections for the Working Mother

Many working mothers strive to attain some form of work/life balance but may find their jobs don’t provide the flexibility and autonomy they need to reach this goal. As women, we often feel like we’re spinning one plate too fast and one plate too slow and will eventually drop them all. While many employers voluntarily […]

Summer Hours: Pros and Cons for Businesses

As the United States moves further into summer, the weather and long days can bring a welcome mental health boost but can also be distracting for some employees. Instead of focusing diligently on work, they may spend their Friday afternoons mentally packing for that weekend cabin trip or sneaking out a bit early to play […]

A Guide to Developing PTO Packages for New Small Business Owners

Starting a small business is an exciting and rewarding experience. However, it also requires a lot of work and preparation to ensure you’re compliant with all laws and regulations. One important aspect of running a small business is creating an effective paid-time-off (PTO) policy for your employees. Choose the Kind of PTO You’ll Provide The […]

Faces of HR: Robert Boersma on Trust, Listening Deeply and Living to Work

HR Daily Advisor’s 2023 Employee Benefits Week is well underway and it doesn’t stop with our latest Faces column. Despite high-profile layoffs and an increased unemployment rate, the current job market may be tight but still robust, as candidates continue to seek new opportunities. Benefits and compensation continue to be not only a hot topic but […]

What the New HSA Contribution Limits Mean for Employers and Employees

Higher health savings account (HSA) contribution limits can have a number of positive implications for both employers and employees. Healthcare costs, along with the cost of nearly everything else, have continued to rise, so these new limits should be a welcome relief to individuals and families. For Employees Employees are wise to contribute as much […]