Practical HR Tips, News & Advice. Updated Daily.
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.
Severance benefits are payments made to employees upon termination of employment caused by events that are beyond their control, such as workforce reductions, plant closings, company takeovers, and mergers. Severance benefits are sometimes offered to encourage early retirement or voluntary resignation, or to discourage terminated employees from suing an employer.
The American Institute of CPAs’ (AICPA) Auditing Standards Board (ASB) recently issued a proposed Statement on Auditing Standards (SAS) that will affect all independent qualified public audits of employee benefit plans, especially limited-scope audits.
Companies looking to hire information technology professionals should expect to pay higher salaries in order to attract these candidates. At the same time, employers searching for IT talent may find a somewhat less competitive environment.
The Internal Revenue Service’s (IRS) delay until 2018 of implementation of updated mortality tables for pensions gives defined benefit (DB) plan sponsors some extra time to prepare for significant changes tied to increased participant longevity. But the delay also may affect pension liability valuation in up to three ways, according to investment consulting firm Cambridge […]
The U.S. Court of Appeals for the 3rd Circuit—which covers Delaware, New Jersey, and Pennsylvania—recently upheld an employer’s trial court victory, providing useful guidance for employers seeking to manage difficult employees in the midst of workers’ compensation claims.
Question: We have an employee who will be leaving for active duty for just about one year. What is the requirement under USERRA for continuing employee benefits?
By now, you’ve seen the surveys that indicate job seekers, especially millennials, want “career opportunities” or “growth opportunities.” But before you restructure your benefits offerings—or worse, think you can’t compete—take a moment to consider what these individuals really want.
With summer officially upon us, many employees are looking forward to their vacations, but paid time off (PTO) restrictions, lack of managerial support, and stress upon returning can all affect that well-planned trip, according to a survey released by leadership development and conversation experts at Fierce, Inc. Fierce surveyed over 1,000 full-time employees across the […]
The insecurity around asking for a raise is not new but has changed over time, according to a 3-year study conducted by Robert Half. Last year, only 46% of professionals felt confident when asking for a raise; in 2015, the percentage was 56%.
An employee’s health is strongly tied to his or her engagement in the workplace. Wellness initiatives, including programs and coaching, can foster a culture that will improve productivity and will help the bottom line.