Category: Benefits and Compensation
This topic provides guidance on how to handle compensation issues in a way that attracts and retains the best talent and advances the strategic goals of your business. You get news and tips on what’s going on nationally and in the states, and updates on changes in regulations, possible governmental action, and emerging compensation trends.
Imagine you had two extra hours today to spend however you pleased. What would you do with that time? Play with your kids? Work out at the gym? Sleep? For many of the nurses in a recent Swedish study, the answer was all of the above. The 23-month experiment followed 68 nurses who were divided […]
Despite the shift toward a more flexible workplace, a new survey finds a majority of U.S. employees prefers going to the office.
More and more companies are adding workplace financial wellness programs – and for good reason. Employees who aren’t worrying about financial problems on the job tend to be more focused, productive workers. A new survey says 83% of employers now offer financial wellness programs (up 20% from two years ago), and 14% plan on offering […]
The Department of Labor (DOL)’s latest pronouncement on factoring in environmental, social, and governance (ESG) elements when making retirement plan investments was interpreted by many in the industry as another in a series of presidential administration swings on the extent to which plan fiduciaries can consider collateral benefits beyond investment returns.
Organizations continue to focus on helping employees improve their overall well-being, which in turn can positively impact productivity and costs. The key to realizing the value of this focus is an engaged population, yet despite best intentions and large investments, many employers still face low benefits utilization.
Ensuring that an employer’s 401(k) plan is being administered in accordance with its terms and applicable law is a fundamental fiduciary responsibility. This includes complying with the Internal Revenue Code, the Employee Retirement Income Security Act (ERISA), and the regulations under both.
It may come as a surprise to some employers, but undocumented workers who are injured on the job are entitled to workers’ compensation benefits, at least in New Mexico. However, there’s an important exception that applies to all employers.
We’ve all heard of the midlife crisis, during which middle-aged adults struggle with their mortality, identity, and self-confidence. It should be no surprise—considering how much time most of us spend focused on our careers—that many individuals struggle with a midcareer crisis, as well.
According to iCIMS Chief Marketing Officer, Susan Vitale—in a recent RecruitCon 2018 session—81% of college seniors said they would be willing to accept a full‐time job in a field unrelated to their college major. With salary expectations for entry-level positions on the rise, college graduates may have to end up settling for a position outside […]
Question: Can employees pay for telemedicine on a voluntary basis, pre-tax? Or must it be post-tax?