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.
Transparency is a corporate value to strive for, but not all companies are ready to be completely transparent about pay. While some employers feel the benefits of open salary policies outweigh the risks, others are understandably concerned about the potential challenges they can create.
Wellness initiatives are on the rise, but it can be a challenge to craft a program that will actually engage employees. To help, we present an article by Alan Kohll, founder and president of corporate health and wellness service provider TotalWellness®, with ways you can improve wellness programs at your company in the coming year.
The insurance program for multiemployer pension plans, which covers more than 10 million Americans, is likely to run out of money by the end of 2025, according to the Pension Benefit Guaranty Corporation’s FY 2016 Projections Report and a recent PBCG press release.
The apparent demise of a full-scale Affordable Care Act (ACA) repeal may be followed by more incremental efforts to tweak ACA requirements. For now, however, the lack of dramatic changes means that some employers may need to refocus on the reporting and other requirements of the law.
The U.S. Labor Secretary on August 9 disclosed in a short court filing that the Department of Labor (DOL) has submitted to the federal Office of Management and Budget (OMB) requests to amend three key aspects of the agency’s fiduciary rule and postpone its applicability to July 1, 2019.
As the U.S. unemployment rate has dropped, the battle to recruit and retain top talent has intensified. Accordingly, employers are turning to benefits as a way to differentiate themselves from the competition.
Employees often feel as though their efforts go unrecognized or unappreciated at work. This can lead to resentment and can even prompt employees to begin job hunting.
The Internal Revenue Service (IRS) recently released a checklist to help public employers comply with the fringe benefit rules. Many of the provisions it addresses apply in the private sector as well.
It’s no secret that telemedicine delivers faster, more accessible, and more affordable medical care for patients across the world. However, when integrating a new telehealth program into your business, there are some details that employers should not overlook.
Globally mobile individuals are not as enamored of working abroad as recruiters, hiring managers, and other members of the management team may think. Although the upsides of an overseas assignment help balance the downsides, the negatives cause very real concerns.