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.
By Jennifer Carsen, JD, Senior Legal Editor Earlier this year, we ran an article on managing employee status changes under the Affordable Care Act (ACA). I invited follow-up questions, and you delivered! Here are a few more tricky ACA status change situations (and answers) for you.
The Pension Benefit Guaranty Corporation (PBGC) is reducing penalties for late payment of premiums in an effort to reduce regulatory costs and make it easier for plan sponsors to maintain traditional pension plans.
Technology jobs are in high demand and, as a result, they pay higher-than-average salaries. But what good is a big paycheck if it is all going to sky-high rents or mortgages? Indeed’s global research institute, the Hiring Lab, mined salary and cost of living data to figure out where technology jobs pay the most—in real […]
Seasonal and permanent workers are expected to take home bigger paychecks in the fourth quarter as the push for better wages and the increased competition for skilled labor remain hot issues for employers.
A new survey released by American Consumer Credit Counseling (ACCC) shows a correlation between employment status and personal dissatisfaction with respondents’ income. Over 70% of respondents are employed and only 7% of those employed are actively looking for a different job. Of the unemployed respondents, 55% are not currently looking for work. Of the respondents, […]
When we turn our clocks back this weekend, employers need to be aware of the effect that the end of daylight saving time (DST) has on payroll.
While stress does not always stem from work, it often filters into the workplace. Employers today recognize this and see voluntary benefits as a way to ease the impact financial stress has on employee well-being and performance.
CityMD Urgent Care conducted a survey of 2,080 United States adults ages 18 and older to determine Americans’ plans for getting a flu shot during the 2016-2017 influenza season (which peaks between late November and March). The survey was conducted via Harris Poll Quick Query September 13-15, 2016.
With flu season upon us, employers may be tempted to require that employees receive a flu shot. After all, the Centers for Disease Control and Prevention (CDC) says that the flu costs employers about $10 billion each year in healthcare costs. And receiving the shot can drastically reduce an individual’s risk of contracting the flu, […]
Premiums for employer-sponsored coverage increased at a lower rate this year, but this could be largely ascribed to a growing rate of enrollment in high-deductible plans, according to the Kaiser Family Foundation’s (KFF) annual health benefits survey.