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.
Employers always try to stay in compliance with applicable regulations, and most of us try very hard to ensure we’re doing everything right. That’s why the word “audit” can be so fear-inducing: An audit seeks to uncover any missteps—something no one wants.
Providing equal pay for equal work to employees has been an ongoing concern for decades. Employers need to be particularly wary on this point because not only is pay discrimination illegal but also, it’s something that is subject to increased scrutiny right now, both in the media and by regulatory enforcement bodies like the Equal […]
The Internal Revenue Service (IRS) should modify its Employee Plans Compliance Resolution System (EPCRS) to expand its use by retirement plans seeking to self-correct errors, according to the American Retirement Association (ARA). Doing so would reduce the burden of newly increased Voluntary Correction Program (VCP) fees (see, IRS Adjusts Voluntary Correction Program User Fees Starting […]
Whenever a potential employee considers working for your organization, there are a lot of factors they will likely be considering—things like pay, benefits, company image, organizational values, and more. All of these things put together are the things that make up the EVP—the value that an employee derives from working there.
The Arkansas Supreme Court recently heard a case from a former Kroger employee who claims she sustained a brain injury while working; is she entitled to workers’ compensation benefits?
A new report released by Hired, a job search engine, highlights the growing trend of the gender pay disparity among tech workers. Now in its third year, The State of Wage Inequality in the Workplace looks at the gender wage gap across geographies, industries, and roles. It also examines how factors such as negotiation, race, […]
The Internal Revenue Service (IRS) said on April 5 that it may reopen its determination letter program to certain types of individually designed retirement plans, beyond the narrow set of circumstances in which such letters are currently available.
Voluntary benefits are a great way to attract and retain talent, but are you offering the right ones? A new survey, released by Willis Towers Watson, highlights the most popular voluntary benefits that are being offered today.
The 2017 Restaurant Management Salary Survey Report, the third annual report from Gecko Hospitality, the largest hospitality recruiter in the United States, finds the gender pay gap is still widespread, with starting pay and bonuses for men considerably higher than for women.
HR Daily Advisor has previously reported on the benefits of offering paid time off (PTO) to workers who want to volunteer and serve his or her community. This trendy work perk is a great way to attract and retain employees who are passionate about a specific cause or organization. And when it comes to stakeholders […]