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.
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.
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 […]
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 […]
The Internal Revenue Service (IRS) has issued several changes to its preapproved qualified retirement plan program, in line with its phaseout at the beginning of 2017 of much of the determination letter program for individually designed plans.
Forget staycations. The latest trend appears to be “workations,” according to a recent survey from staffing firm Accountemps, a Robert Half company.
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 […]
The term gets used frequently. Surveys find employees and job seekers want it, and companies are rated based on it.
A New Jersey appellate recently heard claims from a former employee who alleged that she felt compelled to resign because of her supervisor’s inappropriate comments and other workplace disputes. Was the employee entitled to unemployment benefits?
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?”
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.