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.
A new Mercer survey has found that pay budget increases remain about the same as last year—at 2.8%. However, according to a press release on the findings of its 2017/2018 US Compensation Planning Survey, base pay for certain jobs with in-demand skillsets is advancing at a far greater pace, Mercer has found.
On October 12, U.S. Health and Human Services Acting Secretary Eric Hargan and Centers for Medicare & Medicaid Services Administrator Seema Verma released a statement announcing that cost-sharing reductions (CSR) payments were to be immediately discontinued, based on a legal opinion from the Attorney General.
A new survey of 5,000 U.S. workers has found that while many employees feel confident after completing their annual health benefits enrollment, about 3 in 4 are making benefits decisions without a complete knowledge of the overall plan.
As retailers and others ramp up for what by all accounts should be a busy holiday season, they may be in for a surprise. And it won’t come wrapped with a bow.
After several failed legislative attempts to repeal and replace the Affordable Care Act (ACA), President Trump is now taking matters into his own hands.
If you follow the latest retirement news, it seems the sky is falling. The savings picture for Americans looks bleak. We don’t want to minimize the problems; they really do exist. But, the way things play out for individuals can look very different than how they appear based purely on ratios, projections and estimates.
Companies tend to focus on messaging that targets management, ignoring information employees and job seekers receive from various sources. After all, there are only so many hours in a day.
One half of U.S. companies say their biggest challenge in complying with the forthcoming pay ratio disclosure rule is forecasting how their employees will react, according to a poll by Willis Towers Watson, a leading global advisory, broking, and solutions company. The poll also found nearly half of respondents haven’t considered how, or if, they […]
Workers aren’t getting enough sleep—and it’s not good for the workplace. Besides the detrimental effects to wellness, a lack of sleep contributes to poor decision making. Part of the problem is managerial cultures that treat constant wakefulness as a badge of honor.
On October 6, the Trump Administration released two interim final rules that vastly expand the availability of exemptions to the Affordable Care Act (ACA) rules requiring employer coverage of contraceptives.