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.
Pay equity for women remains an issue for many employers. Among those championing gender pay equity is Megan Rapinoe, an American soccer star who’s set to retire from professional play at the end of the National Women’s Soccer League final this Saturday, November 11, 2023. Rapinoe has been at the forefront of gender pay equity […]
In the modern workplace, each generation brings its unique set of needs and preferences. As we and many other observers have previously explored, the millennial and Gen Z cohorts have their distinct desires. But what about Generation X? The ‘Sandwich’ Phase Currently navigating the “sandwich” phase of life, Gen Xers are juggling responsibilities for their […]
Women in the workforce know about the “motherhood penalty,” or the negative career impact that results from becoming a mom, even if they don’t know it by that name. Those who receive the penalty experience reduced compensation and opportunities for career advancement. There are plenty of statistics that support this. One recent survey found that […]
Work is stressful enough on its own, but for the millions of people who also serve as caregivers for a family member or loved one, work stress is often compounded by the invisible burden of caregiving. And while most caregivers find value in their role, the reality is that as many as 70% of family […]
A convergence of several megatrends has cast a spotlight on employers’ need to be more strategic about recruitment and retention of top talent. One answer is through more robust and personalized benefit packages that are accessible and affordable. A tightening U.S. labor market continues to challenge HR departments and C-suites alike. Mounting frustration over pandemic […]
Glucagon-like peptide-1 agonists (GLP-1s) are a class of medications originally intended for the treatment of type 2 diabetes and obesity. However, in the last year, they’ve become known for their impact on the polarizing topic of weight loss. With GLP-1s, patients can successfully lose weight without having to do activities traditionally associated with losing weight, […]
The pandemic left an indelible mark on various facets of our lives, but perhaps one of the most profound impacts has been on the emotional well-being of the U.S. workforce. The Leading Indicator Systems’ Workforce Listening Study Series, which uses the 3-minute, image-based AgileBrain assessment, has shed light on an alarming trend. Over the past […]
The open enrollment period for 2024 health insurance coverage has commenced, and employers are presented with a unique opportunity to enhance their benefits packages. While health insurance remains a cornerstone of these packages, a rapidly growing trend is emerging: the inclusion of pet insurance. The rise of pet insurance, one of the fastest-growing insurance segments […]
It’s hard for employees to focus on work when financial worries are weighing them down. And statistics show that student loan debt is at the root of many workers’ troubles. The pandemic brought about a temporary reprieve in student loan payments, but interest began to accrue again in September, and payments are to resume in […]
Family-building benefits are very much “in the news.” Many employers are implementing new benefit programs to support employees in their journey to have children. In the excitement of rolling out these new benefits, it’s possible for employers to overlook obligations under the Consolidated Omnibus Budget Reconciliation Act (COBRA) that may attach to family-building benefit components. […]