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.
Well, here we go again: another compensation issue to dissect on the topic of “equal pay for equal work” or the “gender pay gap”—choose your preferred label. In this case, they are closely intertwined. This case specifically involves the U.S. women’s soccer team and the complaint it submitted to the U.S. Soccer Federation, claiming the […]
New disclosure requirements should bring more transparency to the health plan side of employee benefits and allow plan fiduciaries to know and understand all the ways, direct and indirect, everyone is getting paid. The changes will help the fiduciaries to identify and assess possible conflicts of interest.
The Great Resignation has had an undeniable impact on businesses throughout our country. Per the latest Job Openings, Layoffs, and Turnover Survey (JOLTS) release, November 2021 saw a series high of 4.5 million employees leave their jobs—a 3% increase from the month prior. While historically, high turnover was most prevalent in the younger workforce, today’s […]
Six in 10 Americans live with at least 1 chronic condition, such as heart disease, cancer, or diabetes. As an employer or HR manager, you’re undoubtedly aware that acute events related to these conditions can adversely affect employees’ health and work productivity. But did you also know that, as a result of managing chronic conditions, […]
An African proverb says that if you want to get somewhere fast, go alone, but if you want to go the distance, take a team. We say, why not do both? Technology has allowed us to do more than ever before and increasingly from the comfort of our home office bubbles, but the journey of […]
The regional director for the Wage and Hour Division (WHD) of the Department of Labor (DOL) has recently underscored the compliance obstacle that continues to confound employers: whether to include bonuses in the “regular rate” when calculating the overtime pay rate for nonexempt employees. Nondiscretionary bonuses must be considered when determining the regular pay rate, […]
The United States spends more on health care than any other country, with costs growing at a faster rate than inflation. Rising costs are not only hitting consumers hard but also affecting employers, requiring them to pay higher and higher premiums every year. As a result, HR leaders have to make a difficult decision: Either they eat these costs […]
One of the silver linings of the COVID-19 pandemic has been the way it has served as a catalyst for businesses to experiment with and embrace forms of workplace flexibility that millions of workers have been craving for decades. While many are celebrating what they see as the most significant change in workplace norms in […]
The employee retention credit (ERC) is a fully refundable tax credit against payroll taxes originally enacted as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Its purpose was to encourage employers to continue paying employees despite financial hardship caused by the COVID-19 pandemic. Even if your quarterly Forms 941 (the federal tax […]
As millions of Americans continue to retire or otherwise opt out of participating in the workforce, companies are scrambling to secure a share of the best and brightest of those who remain. Clearly, continuing to offer the same compensation and perks in the midst of a fundamental realignment of the labor force won’t cut it. […]