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.

Missouri

Court Holds Missouri TV Station to Oral Agreement Despite Unclear Bonus Terms

In Missouri, it has long been settled that for a contract to be valid and enforceable, the essential terms must be definite and mutually agreed upon by both contracting parties. Without certainty in the crucial terms, there can be no mutual understanding between the parties and, therefore, no valid contract. However, a recent decision from […]

Minnesota

Is Quitting to Care for Fiancée Covered Under Minnesota’s Unemployment Law?

Employees who quit their jobs to care for a member of their immediate family generally are qualified to receive unemployment benefits in Minnesota. However, the Minnesota Court of Appeals recently heard a claim in which a former employee was denied unemployment benefits due to the fact that “fiancée” doesn’t fall within the statutory definition of […]

health

Health Benefit Costs Still Rising Worldwide, Survey Finds

The cost of employer-provided healthcare benefits around the globe continues to climb with little relief in sight, according to a survey of health insurers by Willis Towers Watson. Insurers attribute this trend to the cost of hospital/inpatient and outpatient medical services, advanced medical technology, and the overuse and overprescribing of services.

compensation

Permanent Vacation: ‘Use It or Lose It’ Policies and Payout of Vacation at Termination

In part one of this article, I addressed the benefits of offering paid vacation to your employees. While offering vacation isn’t required under federal law—once an employer has made the decision to offer vacation time—local state laws and court decisions can come into play. State laws addressing vacation typically fall into three categories—those that prohibit […]