Tag: Compensation

Are We Seeing a Correction in Employee Wages?

The narrative surrounding wage growth in the United States is reaching an inflection point, posing a critical question: Are we witnessing a correction in wages? Recent developments paint a complex picture, one in which a surge in compensation during the pandemic era appears to be adjusting to new economic realities. A Look at the Data […]

HR Query: How to Manage PTO Effectively in 2024

According to a recent Forbes Advisor study, 40% of Americans plan to travel more in 2024, which means employees may request more time off from work than usual. This is a concern for many workplaces as time off requests and management can put a strain on an entire company. In this week’s HR Query, Tiffany […]

3 Considerations to Make Retirement Packages More Attractive

A few years ago, I was working with a company who offered a lucrative early retirement package. The CEO was shocked when only five of the 80 eligible employees signed up. Why wouldn’t more eligible employees sign up? Money, it turned out, wasn’t an effective motivator for employees who had “enough” money (whatever “enough” happened […]

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Building a More Equitable Future: The Case for Affordable Family-Forming Benefits in the Workplace

In the challenging landscape of today’s workforce, the importance of health equity has surged to the forefront of employer responsibilities. Incorporating affordable family-forming alternatives into employee benefit packages plays a vital role in the pursuit of equity.  This strategy not only targets the disparities in health equity but also ensures that individuals across diverse backgrounds […]

The Evolving Role of AI in Benefits Administration

The world of work is changing fast, with people working from home, in the office, or a mix of both. This keeps HR teams on their toes, especially when it comes to benefits. That’s where AI, widely known as Artificial Intelligence, comes in – like a super-powered assistant to help HR manage everything smoothly. AI […]

How HR Teams Can Revamp PTO Policies to Meet Employees’ Financial Needs

Although several positive economic developments have occurred recently, from job growth to falling inflation, employees still face various financial challenges, such as wage stagnation, reduced savings, and high debt levels. There has also been a shift in expectations around these challenges; employees increasingly want companies to help them manage and improve their finances. There have […]

Understanding the Value of Stock Options and Reducing Option-Related Taxes

With hopes of a hotter IPO market on the horizon, many private company employees seek to better understand their equity. Two major factors come into play when thinking about equity in startups: how to value it and how the option-related taxes work. Employees need to understand their equity’s value to confidently exercise or sell, and […]

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10 Nursing Jobs Not in a Hospital

Nursing is a wonderful career path. But sometimes, people have a limited view of nursing and only envision nurses working in a hospital setting. While more than half of all nursing jobs are in hospitals, the nursing field offers many practice areas in diverse and sometimes unexpected settings. 1. Med spa nursing. Nurses in a […]

Increase in PTO Requests Highlights Need for Flexibility

In a corporate world where the phrase “time is money” is often taken to heart, a refreshing shift is on the horizon. The latest Workforce Insights Report from BambooHR, a cloud-based HR firm, suggests employees are increasingly prioritizing work/life balance. In January 2024, for example, paid-time-off (PTO) requests hit a 4-year peak, signaling a profound […]

Have You Adopted a Push or Pull Approach to RTO?

Almost one quarter of the way through 2024, the return-to-office (RTO) battle rages on in many organizations. While the medical necessity of remote work has long since passed, employees have gotten a taste of the good life and the flexibility that comes with it, and they are reluctant to give that up. Pulling on the […]