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.
As employers evaluate their benefits packages for the coming year, the past 2 years are going to play a significant role in that conversation. Before the pandemic, setting health insurance rates followed a formulaic pattern. But, with COVID-19 throwing healthcare costs for a 2-year loop, finding a relevant comparable year on which to set premiums […]
Guest: Nikki Salenetri, Vice President of People, Gympass. In episode 167 of the HR Works Podcast, we continue our conversation around corporate culture and the impact that the COVID-19 pandemic has had on the modern workforce. Previously, we shared how corporate culture could be supported and cultivated through teamwork activities, such as improvisational comedy, that […]
In the Information Age, companies’ most valuable asset is their human capital. Organizations compete aggressively to hire the best and brightest employees because those employees help their company outperform competitors through their ability to innovate and strategize. Therefore, it’s not surprising that companies try to get as much value as they can from these employees, […]
The pandemic has disrupted lives, communities, and businesses around the world. It has also laid bare some severe economic and social issues, including mental health. Research shows that the pandemic increased adverse mental health conditions for many. In fact, a new Conference Board survey shows that 57% of workers say their mental health has declined […]
As the United States navigates a historic labor shortage, it’s critical for employers to adapt to the changing employee benefits landscape and compensation demands. Employers must understand that today’s jobseekers are evaluating companies differently, and the kinds of benefits and wages that will attract them are changing, as well. According to beqom’s 2021 Employee Expectations […]
The COVID-19 pandemic has forced many companies to accept widespread remote work. With well over a year of experience with this staffing model, companies are finding their fears of reduced productivity are largely unfounded. At the same time, employees have developed a taste for working from home, and many would prefer to do so permanently […]
Hourly workers across the nation are fed up, and they’ve made it known. Millions have quit their jobs in a mass movement that’s been dubbed “The Great Resignation,” contributing to the current labor shortage for employers reliant on hourly employees. As a result, many of these businesses are shortening operating hours, closing their doors and […]
I recently read an interesting article by Kelly Anderson exploring the surge in salary increases for entry-level professionals as top companies try to retain their young talent. Elite law firms and Wall Street companies are paying entry-level associates premium salaries and raises as they attempt to keep people in the fold. At the same time, employees […]
At the current rate of progress, the gender pay gap will take around 200 years to close. This is not hyperbole from social justice activists; this is according to the World Economic Forum (WEF). The WEF was once criticized for fortifying that pay gap, so when the same group begins warning of the severity of […]
Pay equity has become an important issue in California employment law. It is now a concept of both general fairness and discrimination. For example, employers may not ask about prior salary history because it has been linked to discriminatory factors and reliance on it perpetuates that discrimination. Similarly, the California Equal Pay Act (EPA) requires […]