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.
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 […]
Over a year has passed since student-athletes gained the right to enter endorsement deals with businesses across the country. The name, image, and likeness (NIL) era, as it has been termed, has caused both excitement and confusion. So, what laws, regulations, and policies apply to these NIL deals? Let’s take a look. State Laws Control […]
The last few years have shaken up the way people work. Remote-capable companies recognize that employees prefer the hybrid work model and embrace shifting workforce tides. With over half of companies expecting to maintain a hybrid model beyond 2022, work culture will continue changing. But how will your organization address those changes? The most forward-thinking […]
So much of our lives today are consumed by our jobs. Even when we leave the office, we can still carry the stress of our workday home with us. And over time, this anxiety and stress can start severely impacting our mental and physical well-being, both in our personal lives and at the office. This […]
With the tight labor market impacting the country for the past couple of years, it’s not uncommon to see signs advertising job openings along with the starting pay and even sign-on bonuses. Despite the increased prevalence of such job ads, the reality is that there has traditionally been very little pay transparency, at least in […]
According to new data from Conduent, 43% of eligible employees don’t participate in a health savings account (HSA). Fifty-seven percent of those who make an HSA contribution don’t capture the full benefit, with an average contribution of less than $500, well below the annual limit of $3,650 for individuals and $7,300 for families. The underutilization of HSAs […]
If you’re an HR leader looking to implement an employee reward system, this week’s HRDA Shorts is for you. Listen in as Alexandra Powell, Director of Client Cultural Insights at Gateway Reward, discusses how organizations can talk about and implement systemic rewards without adding complexity. If you’re a sports fan, you’re in for a treat. […]
The combined forces of a tight labor market and high inflation have really pinched a great deal of American businesses trying to recruit and retain top-tier talent. Of course, companies can’t simply keep throwing money at the problem and trying to outbid the competition. It’s simply unaffordable. Instead, evidence suggests that employers need to reshape […]