Practical HR Tips, News & Advice. Updated Daily.
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 Chris Ceplenski, BLR Managing Editor, News A number of the sessions at WorldatWork’s 2016 Total Rewards Conference touched on—and sometimes focused significantly on—the importance of effective communication with employees regarding their benefits.
By Jane Meacham, retirement plans editor The U.S. Supreme Court’s recent decision in Spokeo Inc. v. Robins, 13-1339, U.S. (May 16, 2016), which encourages Employee Retirement Income Security Act (ERISA) plaintiffs to allege a “concrete” injury, is viewed by many in the ERISA legal community as likely to reshape litigation against employer-sponsored retirement plans.
By Jennifer Carsen, JD, Senior Legal Editor In a new guidance dated April 14, 2016, the IRS states that an employer may not exclude from an employee’s gross income payments of cash rewards for participating in a wellness program.
As healthcare costs continue to rise, financial pressure does, too. Your employees are feeling it, especially if you’ve had to shift an increasing share of healthcare costs to them. Higher copays and coinsurance may help control premiums, but they do nothing to rein in employee out-of-pocket costs. To the contrary, in fact.
The Pension Benefit Guaranty Corporation (PBGC) recently released a study of revenues needed for PBGC to continue to protect participants in multiemployer plans that are likely to run out of money—and the news isn’t good.
When it comes to furthering career advancement and driving employee engagement, it’s no secret that recognition and appreciation play a major role. But just how much of a role, in what forms, and what frequency? The infographic below from BambooHR, based on their survey of more than 1,000 U.S.-based employees, provides more insight into these […]
With an increased focus on equity in pay across genders as well as a need to ensure the organization is not (even inadvertently) discriminating, more and more organizations are beginning to consider greater payroll transparency.
In yesterday’s Advisor, guest columnist Kristine Muller explained how wellness must become a part of company culture if it is to succeed. Today, Liz Dickinson, founder and CEO of Mio Global, discusses changing opinions about wellness metrics, including why heart rate should replace step count.
The Pension Benefit Guaranty Corporation (PBGC), a federal government agency, is proposing a rule to facilitate mergers of multiemployer pension plans. Mergers are a way some plans can preserve and protect the benefits earned by workers and retirees.
By Caitlin Far, senior communications consultant, Burnham Benefits Insurance Services In part one of this article, we looked at the steps required to build a healthcare education campaign. Now we’ll look at how to distribute it across the organization.