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.

Supporting Your Employees with New Care Responsibilities in 2023

The role of a caregiver can be difficult to balance with a full-time job – and new care responsibilities are growing quickly, affecting millennials as their parents age, ultimately impacting their work performance. According to a recent survey by AARP and the National Alliance for Caregiving (NAC), nearly one in five workers in the U.S. […]

6 Innovative 401(k) Options to Consider that Support Employees’ Holistic Financial Wellbeing

401(k) plans have been a staple of employee benefits offerings for decades and are a way for employees to save money for retirement by deferring taxation on contributions. One of the most attractive aspects of a 401(k) is the employer match, which averages around 4.7% of employees’ salaries in the United States and adds substantially to employees’ retirement […]

How to Support Employees Suffering from Seasonal Depression

For the millions of people who suffer from seasonal depression, also known as seasonal affective disorder (SAD), the winter months can be especially difficult. But did you know SAD can also influence workers in the workplace? Employers therefore need to be aware of this problem and do their part to help employees who may be […]

Managing Alternative Coverage and COBRA Coverage in Uncertain Economic Times

We’ve all heard about the “Great Resignation” triggered by the post-COVID environment. Workers are deciding to voluntarily exit the workplace in search of other options. Separately, we have seen the news about a possible economic recession in the near future that could prompt employers to consider “reductions in force” (RIFs). Given the economic turbulence and […]

Expanding Your Family Building Benefits Beyond Fertility in 2023

It’s International Women’s Day, so here at HR Daily Advisor we’re highlighting an important topic that isn’t discussed enough: fertility and family building benefits. While these types of benefits have gained much-needed attention over the past few years, organizations can do more to help their employees throughout every stage of their family building journey. In […]

HR Works Podcast: Does a 4-Day Workweek Mean You Are Flexible?

Guest: Scott Day, Chief People Officer at Alludo The 4-day workweek concept is dominating headlines and conversation in the HR space right now, and while it may help workers set better boundaries and balance, is it the best solution for pairing productivity and flexibility in the workplace? In this latest episode of the HR Works […]

Secure Act 2.0 Encourages Employee Participation in Retirement Savings

At the very end of 2022, Congress passed the Securing a Strong Retirement Act of 2022 (Secure 2.0) as part of the omnibus spending bill. The provisions have a broad effect on a range of retirement and other benefit issues with the basic overall goal of increasing access and encouraging employee participation in retirement savings. […]

Why Employee Wellbeing Should Be Your Top Priority in 2023

Since the COVID-19 pandemic, mental health and employee wellbeing has been top of mind for everyone – and rightfully so. In today’s challenging and uncertain times, the mental health and wellbeing of employees has never been more important. According to a recent survey by the American Psychological Association, burnout and stress are at all-time highs, […]

Benefits of an Employee Stock Purchase Plan

Employee stock purchase plans (ESPPs) are company-sponsored programs that allow employees to purchase company stock at discounted rates. Typically, employees agree to have a certain percentage of their paychecks withheld each pay period and placed into a fund that is used to purchase company stock at a price discounted from the current market price on […]