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.

wage

Employers Likely to Seek Exceptions in $15 Minimum Wage Bill

Employers are getting a look at a bill that would set a $15-an-hour federal minimum wage by 2025. The bill, which is in line with President Joe Biden’s call for an increase in the federal minimum, which has stood at $7.25 since 2009, is likely to spur calls for relief from certain employers, according to […]

wage

Biden’s Call for $15 Federal Worker Minimum Wage Seen as Signal of Things to Come

One of President Joe Biden’s latest executive orders calls for the federal government to begin planning how to move toward instituting a $15-an-hour minimum wage for federal employees and private-sector workers that work on federal contracts. Such a move is in line with recent calls from the labor movement for a nationwide federal $15 minimum […]

H1B

DOL Reverts to Lower Wage Requirements After Courts Block H-1B Rule Changes

Courts again recently thwarted the Trump administration’s efforts to change the H-1B rules and increase the wages U.S. employers are required to pay to foreign workers. Twice in December 2020, a federal court order in California and a preliminary injunction in New Jersey stalled abrupt rule changes that would have dramatically altered the H-1B program […]

Why Healthcare Shopping Deserves the Spotlight Now

For many, January is a time for new beginnings, to create plans for new accomplishments, or to get back on track toward reaching existing goals. And one of the top five New Year’s resolutions—after losing weight, of course—is saving money. January is also the start of a new healthcare plan year for many employees, presenting […]

changes

COVID-19 Layoffs Can Cause Partial Retirement Plan Termination

The COVID-19 pandemic has led to “shelter-at-home” proclamations from state and local governments, causing many nonessential businesses to shut down temporarily. Employers have handled the crisis in varying ways, some by temporarily paying employees to stay home, others by laying off or furloughing workers. In such instances, employers need to be aware of the qualified […]

How HR Can Take Advantage of Its Family-Building Benefits

Family-building benefits are among the most sought-after benefits being offered in 2021. In our new work-from-home climate, COVID has not deterred employees from pursuing family-building but rather has created more demand on employers for this robust benefit. More than ever, the responsibility is on employers to create an environment conducive to the sustainability of  work/life […]

Why More Companies Will Think of Benefit Plans as ‘Health Hubs’ in 2021

There’s no doubt that 2020 was a challenging year. As with other industries, we dealt with ensuring the continued health and safety of our employees and providing the ongoing service and support our customers have come to expect and appreciate during the COVID-19 pandemic. But, 2020 also gave Human Resources professionals a great opportunity to […]

Comment

IRS Seeking Comments on Paperwork Burden of COBRA’s Notice Rules

Have you noticed how much notice issues regarding federal continuation coverage seem to be cropping up everywhere—such as in the news, the courts, and the administrative agencies? Well, the latest matter involves part of the regular evaluation of paperwork requirements conducted by the Internal Revenue Service (IRS).

Tiny Offices Trending to Meet Pandemic Needs

With so many employees working from home full time for the first time, many scrambled to find a place to work. Not everyone had a home office, and the kitchen table only works for so long. Some have turned to a new solution: the tiny office.