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.
As the pandemic (arguably) comes to a close, most teams have been left with heightened mental health issues. Anxiety is at an all-time high, more than 75% of the workforce reports experiencing burnout in their current job, and 81% of employees are looking to their employer to give them more robust mental and emotional health […]
In today’s workplace, work-life balance, flexibility, psychological safety, and advocacy for mental health and well-being are all signs of a positive culture. With employee burnout at a record high, organizations are looking for new ways to keep their employees productive, happy, and stress-free. Fortunately, organizations already a tool they can utilize: paid time off (PTO). […]
A recent National Labor Relations Board (NLRB) ruling determined that including certain nondisparagement and confidentiality provisions in severance agreements violates the National Labor Relations Act (NLRA). Facts McLaren Macomb Hospital permanently furloughed 11 employees and contemporaneously presented them each with a “Severance Agreement, Waiver and Release.” The agreement contained provisions that broadly prohibited them from […]
Over the past several years, employees have faced a level of economic volatility that some haven’t seen for decades and many have never experienced in their working lives. First, there was the massive job displacement and economic chaos caused by the COVID-19 pandemic. Then came surging inflation, which triggered a stock market plunge and a […]
A common question from employers is whether they can use a “comp-time” system instead of making monetary overtime payments. The answer (unless you are a public-sector employer) is almost always “no.” A company in Asheville found that out the hard way when it was investigated by the U.S. Department of Labor (DOL) for alleged failure […]
A health savings account (HSA) is a flexible financial tool that serves you throughout every stage of your life. This account allows you to take control of your finances in an individually tailored way to your financial situation. The HSA market is rapidly evolving and growing with each passing year. According to the 2022 Midyear […]
Guest: Kathie Patterson, Chief Human Resources Officer at Ally Financial What role are employee benefits playing in an organization’s ability to retain top-talent in 2023? In this week’s episode of the HR Works Podcast, Ally Financial’s CHRO, Kathie Patterson, joins for a great conversation about the value and impact of employee benefits in 2023. Originally […]
This month’s Silicon Valley Bank (SVB) crisis has quickly become the second-largest bank failure in U.S. history. With business leaders having haunting flashbacks to the 2008 financial crisis, the collapse of SVB was undoubtedly alarming and confusing as everyone moved swiftly to try and control the outcome. While the Federal Deposit Insurance Corporation (FDIC) has […]
The cost of childbirth in the United States is rising – leaving many patients with overwhelming out-of-pocket expenses for even traditional deliveries with zero complications. Additionally, depending on which state the birth takes place in, the cost of childbirth can vary greatly, according to a recent Health Care Cost Institute (HCCI) report. Organizations that provide […]
Family-building benefits were once synonymous with essential but limited parental offerings like maternity leave. But modern families have grown and changed significantly over the past few decades. In addition to maternity leave solutions, top employees are now requesting benefits like fertility care, postpartum recovery coaching, and hormone replacement solutions. Therefore, many employers need help navigating […]