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.
Describing apprenticeships as “a proven path to high-quality, secure, middle-class jobs,” the U.S. Department of Labor (DOL) recently awarded $10.4 million in ApprenticeshipUSA State Accelerator Grants.
The U.S. hiring outlook for the next 5 months is expected to mirror the same period in 2015—but paychecks will likely become a little bigger—according to CareerBuilder’s Midyear Job Forecast. More than half of employers will raise wages for current employees while two in five will offer higher starting salaries on job offers in the […]
Conducted in May, BLR’s 2016-2017 Pay Budget Survey provides data from 555 participants on 2016 increase amounts for senior management, management, exempt non-management, hourly office, and hourly non-office employees, as well as the increase amounts being budgeted for next year and the most common increase amount by performance level.
By Gwen Cofield Now that the U.S. Department of Health and Human Services (HHS) has begun prescreening questionnaires for Phase 2 privacy and security audits, Health Insurance Portability and Accountability Act (HIPAA)-covered entities should make sure they’re prepared on the compliance areas HHS’ Office for Civil Rights (OCR) has indicated it plans to emphasize.
By Jane Meacham The IRS on June 15 released guidance on paying employees from a defined benefit (DB) plan once the participant has entered phased retirement and whether the distributions should be taxed.
Debunking the myth that entry-level jobs can’t be flexible or that only experienced professionals can attain work flexibility, FlexJobs has identified a sample of 10 remote entry-level jobs for new college graduates to consider. The National Association of Colleges and Employers (NACE) indicates a positive job market for the projected 1,870,000 new bachelor’s degree level […]
By Jennifer Carsen, JD, Senior Legal Editor Total healthcare spending growth is expected to average 5.8% annually over 2015-2025, according to a report published on July 13 by Health Affairs and written by the Centers for Medicare & Medicaid Services’ (CMS) Office of the Actuary (OACT). Projected national health spending growth remains lower than the […]
Student loan debt weighs heavily on the collective American mind—with good reason. According to MarketWatch, the total outstanding student loan debt as of January 2016 was $1.2 trillion, exceeded only by mortgage debt. It also reports that about 70% of recipients of bachelor’s degrees graduate with debt.
A new compensation survey by Comparably examines salary negotiation in the tech industry. Over 5,000 tech employees were asked about whether they negotiated their salary for their current position. Comparably provides accurate and comprehensive compensation and culture data, to understand employees’ true value and needs to make work better. The infographic below shows their salary […]
After decades of job hopping—by necessity or design—some people have accumulated several retirement accounts, making it a confusing chore to keep track of what’s happening with their money.