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.

Companies Take Steps to Counteract Labor Shortages

As labor markets continue to tighten, companies are pursuing additional strategies for recruiting untapped talent and retaining workers. So finds a new report by The Conference Board, a global business membership and research association.

The Modern Workplace Is Killing Us—Here’s What You Need to Know (Part 1)

A just-released book called Dying for a Paycheck is getting a lot of attention in the business realm. In the book, Jeffrey Pfeffer, professor of organizational behavior at Stanford Graduate School of Business, unpacks how the modern workplace is causing leading chronic illnesses and stress and how it’s bad for economies and societies and the […]

Should You Offer a Signing Bonus?

Whether you call it a hiring bonus, a signing bonus, or a sign-on bonus, the idea is the same: It’s a bonus offered to a job applicant to entice him or her to accept the position. It could be a flat dollar amount, or it may be a percent of the new salary, typically anywhere […]

medicare

4 Facts about Medicare that All Employers Should Know

Medicare is a government-funded health insurance program for elderly and disabled individuals.  Employers that offer group health insurance plans to their employees have an interest in learning how employees’ entitlement to Medicare benefits can affect the administration of those plans.

How Employers Can Impact Employee Financial Wellness

Employees who are under financial stress can have a negative impact on an employer in many ways. They may show up to work distracted, for example, which could mean they’re less productive or more likely to make mistakes. They may become agitated more easily, which can lead to other workplace issues. They may even take […]

Workers Want Pension Benefits

A new survey finds pension benefits are a major factor for most workers in North America when deciding to accept a job. What’s more, interest in the benefits is widespread, regardless of age.