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.
As many HR departments prepare for open enrollment, Namely, an HR platform for mid-sized companies, has released the results of its open enrollment survey and identified what is most important to employees in a top-notch benefits experience.
The bad news is that 96% of employers in a recent survey reported that personal financial issues affect their employees’ overall job performance. The good news is that workplace financial education programs can help minimize the negative effects of financial distress, according to the report.
In a related move just ahead of disclosure of the proposed amendments to the fiduciary rule (See, DOL Seeks 18-Month Delay for Complying with Fiduciary Rule Exemptions), the U.S. Department of Labor (DOL) on August 3 released another set of frequently asked questions (FAQs) about the final fiduciary rule that became applicable on June 9.
Employers may be breathing a sigh of relief after the announcement on August 29 that the pay data collection aspect of the EEO-1 form has been suspended.
Employees who have diabetes cost companies twice as much as healthy employees. A report from the American Diabetes Association shows that diabetes costs the country roughly $245 billion a year in lost work, wages and medical costs. The federal government has created healthy-living programs and conducted research over the year to stop the diabetes epidemic […]
A federal district court remanded the U.S. Equal Employment Opportunity Commission’s (EEOC) wellness program rules, finding it unclear how the rules’ 30% threshold met the Americans with Disabilities Act’s (ADA) requirement that wellness programs be “voluntary.”
The Pension Benefit Guaranty Corporation (PBGC) has released a statement on the reorganization plan of Avaya, a multinational communications solutions company. The plan includes a proposal to maintain its pension plan for hourly employees but end its pension plan for salaried employees.
As the population ages, more and more employees are finding themselves part of what is often called the “sandwich generation.” This group, unlike the traditional generations, is not defined by what year you were born but rather by a stage of life—the stage in which you find yourself sandwiched between caregiving responsibilities for both dependents […]
When considering what training to provide to employees, usually the focus is on employee development. But one area more and more employers are considering is how to ensure employees are able to react appropriately if a medical emergency occurs on the job.
In yesterday’s Advisor, Alan Kohll, founder and president of corporate health and wellness service provider TotalWellness®, discussed the rising influence of wellness programs and some ways to improve these programs at your company. Today, Kohll shares more on how to redefine wellness to make initiatives appealing to workers.