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.
Nearly 25% of full-time employees in the U.S. do not receive benefits, such as health insurance, retirement savings plan, or paid vacation, from their employers, according to a new survey by Clutch, a B2B research firm. These findings suggest that by not offering a benefits package, businesses risk losing out on top talent during the […]
You’ve finally found the ideal job candidate, and now it’s time to make a job offer. If you haven’t yet discussed salary, this can be an uncomfortable conversation.
Nebraska law permits the Nebraska Workers’ Compensation Court to approve vocational rehabilitation plans to facilitate certain injured workers’ return to gainful employment. Read on to learn about the Nebraska Supreme Court’s recent decision on what the law means to “restore” an employee to work in “suitable employment.”
A new survey from job site Glassdoor finds that 35 percent of hiring decision makers expect more employees to quit in 2018. Among those surveyed nearly half (45 percent) indicate that salary is the top reason for employees changing jobs, followed by career advancement opportunities, benefits, and location.
Maximum penalties for violating many employment and benefits laws were increased as part of an inflation adjustment rule published January 2 (83 Fed. Reg. 7) by the U.S. Department of Labor (DOL).
By definition, cafeteria plans allow employees to choose between cash and a variety of employer-provided benefits without having to include the value of their chosen benefits as taxable income. Cafeteria plans are popular because they allow employees to design individualized benefits programs that suit their own special needs.
Buried in the January 22 passage of legislation to re-open the federal government was a welcome bit of news for employers: The effective date of the wildly unpopular “Cadillac Tax” has been pushed back yet again. It is now set to take effect in 2022 rather than 2020 (the original implementation date was January 1, […]
A recent Glassdoor survey revealed that more employees are expected to quit in the coming year, citing salary as the main reason why. To get ahead of the turnover, Glassdoor offers 10 tips you can use to help manage your employees’ salary expectations.
According to job site Glassdoor, the annual median base pay in the United States grew 1.1 percent year over year (YOY) in December 2017 to $51,210. Glassdoor Local Pay Reports show pay growth ticked up slightly from a revised 1.0 percent growth last month. Pay growth peaked in January 2017 at a revised 3.5 percent.
In recent years, more and more employers have implemented wellness programs—employee participation programs that may include wellness education, health or fitness challenges, and even limited medical testing and preventive care requirements—to promote and encourage employee health and wellbeing. Through these programs, they hope to create a healthier workforce and reduce insurance costs.