Tag: Compensation

Homeowner Assistance as an Employee Benefit

Historically, the spring and summer months are the busiest times of year in the real estate market. As the weather warms up, it’s a perfect time for employers to consider offering homeowner assistance as an employee benefit. Homeowner assistance benefits, also known as employer-assisted housing (EAH) programs, are becoming increasingly important for employees as the […]

Putting Earned Wage Access in its Place: A Guide for Employers

In December 2023, the Consumer Financial Protection Bureau (CFPB) announced plans to outline how consumer lending laws interact with earned wage access (EWA) programs. These programs have grown in popularity as a solution for employees living paycheck to paycheck, offering early access to earned wages and, in theory, helping to dodge financial penalties like late […]

Pay Equity and Merit Increases: Optimally Aligning Processes

For many, merit increase season is coming to a close. Often, pay equity related increases are coordinated with the merit cycle. But reviewing pay equity after merit increases are finalized provides opportunities to: While conventional wisdom has long suggested pay equity adjustments should be processed together with merit increases, so that employees focus on the […]

Understanding the New Overtime Rules for Salaried Workers

The Biden administration has recently announced significant changes to overtime eligibility, which are set to broaden the scope of who qualifies among salaried workers. These adjustments may be pivotal for HR professionals and managers, as they will impact numerous aspects of workplace management. Overview of the New Rules Under the new regulations, the salary threshold […]

The Long-Term Benefits of Recognition on Employee Engagement: How It Can Boost Employee Morale

In human resources, recognizing employee achievements extends far beyond the fleeting moment of applause—it is a pivotal element in bolstering employee engagement and morale over an extended period. This discourse aims to unravel the mechanisms through which sustained recognition endeavors catalyze profound enhancements in workplace dynamics, ultimately paving the way for a more motivated and […]

HR Leaders Can Play a Crucial Role When Educating Employees About Women’s Heart Health

Education and prevention are critical when it comes to improving women’s heart health, and HR leaders like you can play a pivotal role in spreading awareness and empowering women to take charge of their cardiac health. Consider my story: I was in my mid-40s and was experiencing persistent fatigue. I would get exhausted just walking […]

Wondering What Workers Want? Research Gives Employers Some Clues

There’s no denying that all the upheaval over the last few years has had an outsized effect on the workforce. Among other things, employees weathered a worldwide health crisis and its resulting economic disruption along with the rise of artificial intelligence, which to many workers seems as scary as it is promising. With so much […]

7 Communication Tips to Protect Your Mobile Employees from Tax Violations

Taxes can be intimidating, time-consuming, and confusing for any employee. But tax complexities shoot through the roof for international employees, business travelers, and remote workers. If mobile and remote employees don’t understand their tax obligations, they risk violating laws, losing compensation, damaging the company’s reputation, and more. However, HR professionals can reduce this risk and […]

4 Employee Retention Tactics That Actually Work

Employee retention is on the mind of every human resources professional. While the job market may finally be settling down a bit and the great resignation isn’t as great as it once was, it’s still important to keep your employees working and your business running. If you’re unable to retain employees, what happens? First of […]

Prescription for Employee Financial Wellbeing? Start with an FSA or HSA

With inflation continuing to drive prices upward on a broad range of products and services, financial wellness is top of mind for nearly everyone. According to a recent Bank of America survey, 62% of employees are stressed about their finances and 71% feel the cost of living is outpacing growth in their income. All told, […]