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.
Retirement plan fiduciaries have a duty to monitor investment options continuously and remove all imprudent ones, a unanimous U.S. Supreme Court (SCOTUS) recently ruled in a much-anticipated decision. In the opinion, the Court made it clear the fiduciaries can’t ignore imprudent investment options in 401(k)s or other retirement plans even if other, prudent choices are […]
Believe it or not, the 2021 tax season is upon us, and as employees are compiling their list of smart money moves to make before the filing deadline, it’s important they understand how to also maximize their flexible spending account (FSA). An FSA is a powerful tool to help employees protect their health and well-being […]
health care and retirement, like building emergency savings and repaying student debt. But are the new financial wellness benefits really helping workers avoid financial hardship? While retirement savings accounts and health insurance benefits are common offerings for full-time employees at large companies, and many employers have begun offering student loan repayment support in recent years, […]
The town of Kingston didn’t violate the Family and Medical Leave Act (FMLA) or state disability discrimination laws when it decided not to reappoint an employee on FMLA leave to her position after her predetermined term expired, the U.S. 1st Circuit Court of Appeals (which covers Massachusetts employers) recently ruled, upholding a lower court’s opinion. […]
Millions of Americans continue to vacate their jobs in a phenomenon that’s come to be known as the Great Resignation. But experts and analysts looking beyond the headlines to determine why so many people are quitting have begun referring to it as the Great Reckoning, the Great Upgrade, or the Great Acceptance. The majority of […]
An employer’s request for medical recertification to establish eligibility for Family and Medical Leave Act (FMLA) leave didn’t violate the Act, the U.S. 8th Circuit Court of Appeals (which covers Arkansas) recently ruled. Missing 16 consecutive days rather than the expected four to five days set forth in the original medical certification was a significant […]
A Georgia employer recently created more than just a social media buzz with its chosen method of distributing an employee’s final paycheck.
One of the biggest criticisms employers are subjected to revolves around their transparency in job postings, especially when it comes to salary ranges. The argument from employees is that not providing a salary range makes it harder for them to determine what jobs are worthwhile financially. On the other side of the coin, employers often […]
The apparent lack of qualified workers has become a well-publicized conundrum during the COVID-19 pandemic. You can’t drive by a retail establishment without seeing a “help wanted” sign in the window. Theories abound about why jobs are going unfilled. It’s common to assume the answer is to offer higher pay rates. Although the variables in […]
If you provide your employees with voluntary benefits, you’ve most likely considered offering them through face-to-face annual enrollment meetings or over the phone. While these enrollment methods may still be considered valid approaches, those traditional norms are changing. The pandemic has obviously impacted access to employees. In fact, a reported 50% of the workforce is […]