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.
The annual contribution limits for health savings accounts (HSAs) are going up in 2019, the Internal Revenue Service (IRS) announced May 10. The maximum out-of-pocket limits for an HSA-eligible high-deductible health plan (HDHP) also will be increased for inflation, according to Revenue Procedure 2018-30.
A new survey by National Business Group on Health (NBGH) and Fidelity Investments has found that employers are expanding their well-being programs beyond physical health and are boosting financial incentives for workers who promote healthy lifestyles.
At the recent WorldatWork’s 2018 Total Rewards Conference Pearl Meyer announced three comprehensive surveys aimed at helping HR professionals understand current trends in compensation and hiring. Each of these periodic reports, updated for 2018, includes detailed information that cannot readily be obtained from other data sources.
A recent survey finds that although employers believe there should be pay equality in the United States, women often remain skeptical about their own careers.
A new study by WorldatWork and Korn Ferry has found employers are providing a “dramatic” increase of progressive health benefits that are available 24/7 to the “always working” workforce. “The Inventory of Total Rewards Programs and Practices” study identifies the types of progressive benefits that saw the largest gains over the last year in the […]
Usually payroll moves along smoothly. You record time worked and pay the hourly wage or overtime. Still, every once in a while, a situation crops up that makes you shake your head and start frantically thumbing through your policy manual for an answer. Here are a few common issues.
As an HR professional, it’s your job to make sure the benefits your company offers are competitive and desirable. It’s not just about hiring the best and brightest—it’s about retaining the great people you already have! Knowing what sorts of benefits are most valued by employees today can help you make confident plans for the […]
As part of an effort to engage and retain employees, organizations are offering wellness and well-being programs. A full seven in 10 organizations offer such programs for employees, according to a new study from Brandon Hall Group, an HCM research and advisory services firm.
Things are happening, and they portend an explosion of benefits litigation. Yes, this once-sleepy corner of the employment law forest is buzzing with news, and it came on March 1 from our very own U.S. 5th Circuit Court of Appeals—which covers Louisiana, Mississippi, and Texas—in an en banc decision, which means all the appeals court […]
Yesterday’s post covered Jeffrey Pfeffer’s take on the modern workplace and how it’s killing us. Pfeffer, professor of organizational behavior at Stanford Graduate School of Business, has just released a book called Dying for a Paycheck. And while the evidence about how toxic the modern workplace has become is shocking and appalling, there are some […]