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.
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 […]
The COVID-19 pandemic changed the employer and employee relationship forever. Prior to 2020, remote work opportunities were the exception, not the rule. In the post-COVID era, many employers have transitioned their workforce to allow remote work “from anywhere” in order to retain and attract talent.
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 […]
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 […]
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. […]
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, […]
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 […]
Although we all look forward to taking our well-earned vacation time, in reality, taking time off isn’t always easy. In our fast-paced, interconnected world where work can follow you on your smartphone, or even smartwatch, everywhere you go, it can be hard to truly unplug and relax. But balancing your work and home life is […]
Different employees prioritize different aspects of their financial well-being based upon their personal situations and financial needs. According to recent research, 38% of workers share the top financial goal of saving for retirement while 27% share a top goal of building an emergency savings fund. Additionally, unlike older generations, Gen Z and millennial employees are […]
The Biden administration recently pulled back some investing restrictions companies were tied to. Now, businesses can look at the environmental and social implications of investing in a particular fund, choosing whether to put money into areas such as fossil fuel production. Environmental, social, and governance (ESG) investing means looking at how companies behave and how […]