Is Your Company Guilty of Wage Theft?
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.
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.
What Is the Biggest Challenge to the CEO Pay Ratio Disclosure Rule?
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 […]
Sleep Affects the Working World
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.
Trump Administration Expands Available ACA Exemptions for Employer-Provided Contraceptives
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.
Update Your Disability Benefits Claims and Appeals Procedures Before 2018 Deadline
HR employees typically begin planning for next year before autumn of the current year because choices about the next year’s benefits are made months before it begins. Whether you’re making many or few changes to the benefits you offer, your preparations for open enrollment provide a good opportunity to confirm that your benefits plans are […]
7th Circuit: No ADEA Liability for Terminating Retirees Because of Benefit Costs
The U.S. 7th Circuit Court of Appeals—which covers Illinois, Indiana, and Wisconsin—recently decided an interesting and complex case involving allegations of age discrimination. Retirees who continued to work part-time for an Indiana county argued the county violated the Age Discrimination in Employment Act (ADEA) when it terminated them to save money on health insurance benefits.
DB Plan Sponsors’ Interest in Pension Risk Transfer Accelerating
Interest in transferring pension risk off their balance sheets and on to insurance companies appear to be accelerating among U.S. defined benefit (DB) retirement plan sponsors, according to a recent poll conducted by insurer MetLife. The poll’s results lead MetLife to predict 2017 will be “another very robust year of [pension risk transfer] market activity.”
How the Big Firms Educate Employees About Retirement
We all want to see employees take the reins and drive their retirement accounts toward a successful finish. Some say educating is the key. But what kind of education, and in what format?
Massachusetts Software and IT Salary Trends Revealed
A new report form Northeast talent acquisition firm WinterWyman Search provides fresh data on salary trends for software and IT positions in Massachusetts. The report found that salaries in IT have increased by 10% in the past 2 years, while salaries in software have increased by 8% in the same period. The survey further found […]
IRS Announces Special Per Diems, High-Cost Locales for FY 2018
The Internal Revenue Service (IRS) updated its special per diem rates for the transportation industry, incidental expenses, and the “high-low” substantiation method. These rates, announced September 25 in Notice 2017-54, apply to allowances paid to employees on or after October 1 for travel on or after that date.