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.

Employees Want More PTO, But Unlikely to Use It for Summer Vacations

According to a recent survey released by Namely, attitudes toward summer vacation are shifting under the demands of the modern workplace and growing Millennial influence. While employees are willing to make big sacrifices for more paid time off (PTO), they are unlikely to use it and look for employers to support time off in different […]

generation Z

New Report Names Best Jobs for Generation Z

The first waves of young people born from 1995 through 2010, aka “Generation Z”, are in the process of leaving school for the labor market. This demographic accounts for 25% of the total population, and with the upcoming influx of Generation Z employees, coupled with Baby Boomers’ retirements, the American workforce is growing demonstrably younger. […]

New Overtime Rule Changes May Extend to 401(k) Plan Deductions, Plan Loans

By Arris Reddick Murphy, FedEx Corp. The U.S. Department of Labor’s (DOL’s) much-discussed final rule on overtime pay announced in May focuses primarily on updating the salary and compensation levels needed for executive, administrative, and professional (EAP) workers to be classified as exempt. But it may have implications for some of these workers’ 401(k) retirement […]

stress

Wellness Programs Expand to Improve Employees’ ‘Total Wellbeing’

More employers are investing in “total well-being” programs that address areas such as financial and emotional health, according to the 7th annual survey on corporate health and well-being from Fidelity Investments Benefits Consulting and the National Business Group on Health (NBGH). The survey revealed employers are adding programs that help their workers manage stress, improve […]

Premium Reimbursement Arrangements: Time to Dump Group Coverage?

While the discussions continue about healthcare reform, most agree that its primary goal—affordable health care for every American—is a noble one. Even as the law was written, and certainly as implementation has progressed, the reality that emerged was anything but simple. For many, “bogged down” doesn’t even begin to describe the processes and the outcomes.

Decoding ACA Compliance in 5 Easy Steps

By Greg Autuori, manager, Benefits Consulting, at Namely You made it. Somehow, some way, you found a way to make sure your company was compliant with the first year of IRC 6055/6056 reporting regulations and associated distribution of Forms 1094/1095. This was a monumental task, and over the past year, there’s a good chance you’ve […]

Pay Practices for ‘Hot Jobs’ Critical to Your Organization

By Chris Ceplenski, Managing Editor, News ‘Hot jobs’ is a term HR professionals are certainly familiar with, but what does it really mean? And how can you determine whether these hot jobs are a critical to your organization? Finally, what kinds of rewards or compensation should you be giving those employees in hot jobs who […]