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.
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 […]
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 […]