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.
Pros of Non-Cash Rewards Daniels, who is senior consultant at Keating Advisors, LLC, offers the following advantages of non-cash rewards: They are more memorable than cash rewards. Non-cash rewards cost less. Cash rewards can quickly become expected. Non-cash rewards programs can be constantly reinvented. Daniels offered her tips at a webinar sponsored by BLR® and […]
Marques, an associate in the New York office of Holland & Knight LLP, offered her PTO tips at a recent webinar sponsored by BLR® and HR Hero®. Make sure that all parts of the company are on the same page. Payroll, posted policies, and employment handbooks should all agree, says Marques. Make sure the payroll […]
Unfortunately, to complicate matters, many state laws (and some city laws) cover sick time and/or vacation time, so proceed with caution, says Marques, an associate in the New York office of Holland & Knight LLP. She offered her tips at a recent webinar sponsored by BLR® and HR Hero®. PTO Policy Decisions Are Important Policy […]
Pat Shiu, Director of the Office of Federal Contract Compliance Programs, was joined for the chat by Latifa Lyles, Acting Director of the Women’s Bureau (WB), and Jennifer Hunt, chief economist at the Department of Labor (DOL). [Go here for yesterday’s questions and answers] Question from Annalyn Kurtz: In what occupations is the pay gap […]
Latifa Lyles, Acting Director of the Women’s Bureau (WB), noted that today, full-time female workers earn on average only 81 percent of what their male counterparts earn. For African-American females and Latinas, the wage ratio is substantially lower: 68 cents and 59 cents, respectively. But the real cost of the pay gap is more than […]
What is considered both affordable and adequate health care coverage under the Affordable Care Act (ACA)? A new video from a BLR Legal Editor keeps you informed. In 2014, one of the most significant provisions under the ACA becomes effective—the employer responsibility mandate—commonly referred to as ‘play or pay.’ Under the health care reform law, […]
Yesterday’s Advisor featured questions and answers from a recent OFCCP-sponsored chat. Today, more answers from the agencies plus an introduction to a highly practical collection of prewritten, ready-to-use HR policies. Pat Shiu, director of the Office of Federal Contract Compliance Programs (OFCCP), was joined for the chat by Latifa Lyles, acting director of the Women’s […]
Target-date funds’ popularity over the last 10 years has soared, among both plan sponsors and participants, so odds are your plan offers these as an investment option. Their wide acceptance after being designated an eligible qualified default investment alternative for automatically enrolled new participants seems likely to guarantee their ultimate presence in most plans. A […]
Rob from the poor and give to the rich, says consultant Joseph DiMisa. That’s how to use limited Pat Shiu, director of the Office of Federal Contract Compliance Programs (OFCCP), opened the recent Equal Pay Chat by saying that “… we can and must do more—from updating our regulations and collecting better data to working […]
The day after the U.S. Department of Labor’s Employee Benefits Security Administration issued a proposal outlining rules it is considering for lifetime income illustrations in pension benefit statements, retirement industry professionals applauded DOL’s effort but expressed concern about how realistic the proposal’s formulas are. In the recently released advance notice of proposed rulemaking, EBSA is […]