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.

Sex

Welcoming Transgender Individuals in the Workplace

Recently, President Trump sought to ban transgender individuals from serving in the military via a series of tweets that included reference to “the tremendous medical costs and disruption that transgender in the military would entail.” So far, the ban doesn’t appear to be taking place, but it has raised concerns among transgender people everywhere.

BLR’s 2017–2018 Pay Budget and Variable Pay Survey

How much of an increase in pay are your employees receiving in 2017? What level of pay raise is your organization projecting for 2018? 2017 Merit Increases This year’s BLR®—Business & Legal Resources Pay Budget and Variable Pay Survey is practically a replay of last year’s survey, with 18.6% (up from 17.9% last year and […]

retirement

Missed Opportunities: 4 Ways Employers Can Promote Retirement Security

New survey findings, released by Transamerica Center for Retirement Studies® (TCRS), reveals that 69% of employers believe most of their employees could work to age 65 and still not save enough to meet their retirement needs, a disturbing finding given the vital societal role that employers play in helping workers save, plan, and prepare for […]

‘Workations’ More Common

Forget staycations. The latest trend appears to be “workations,” according to a recent survey from staffing firm Accountemps, a Robert Half company.

Health plan

Manager of Healthcare Network to Reimburse Plans for Fees, Says DOL

The U.S. Department of Labor (DOL) and a third-party administrator that provides employee health benefit plans with access to a network of doctors, hospitals, and other medical providers have reached an agreement in which the administrator has committed to improve its communications with health plans and to return certain fees the plans paid for claims […]

financial wellness

How Helping Employees Get Financially Well Pays Off for Everyone

Some 44% of workers say they worry about money while at their jobs, and 46% say they spend 2 to 3 hours of their employer’s time each week trying to handle personal financial matters, according to 2016 research from The Prudential Insurance Company of America titled “How Well Protected Are Employees Against Key Financial Risks?”

Sabbaticals to Attract and Retain Talent

Extended time off to pursue career and personal growth is a concept borrowed from academia, where sabbaticals remain highly popular. Yet, fewer companies now offer sabbaticals, at a time when surveys find “growth opportunity” is a priority for employees and job seekers.