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.
Pay transparency in private sectors is a divisive topic. Employers worry that implementing full pay transparency—allowing every employee to view what his or her colleagues earn—in the workplace will foster resentment among team members and limit employers’ bargaining power in recruitment.
When candidates were controlling the hiring landscape, employers were bending over backward to meet jobseekers’ demands. However, that all shifted when the coronavirus pandemic swept the globe. For employers that may be struggling to bring workers back on, may we offer this one suggestion? Try offering a better benefits package.
Although businesses and organizations continue to reopen, some employees remain steadfast in their desire not to return to work.
The initial fallout from the COVID-19 pandemic is putting new urgency on company benefits. As employees look to their benefits offerings, companies are responding in kind by leveraging, expanding, and creating new benefits to answer the needs of their employee populations.
Hazard pay, as the name implies, is extra pay compensating for some form of danger or hazard employees face. Essentially, this extra pay serves as an incentive to knowingly take on these risks while on the job.
When Millennials entered the workforce, employers had to break the mold to get this generation of workers into their organizations. Trendy perks like nap pods and happy hours were touted as a way to stand out among employers looking to compete for the same talent. Now that we’re living in the COVID era, the benefits […]
It’s no secret that the average consumer is confused about how to choose and use his or her healthcare benefits. As far back as 2003, the National Center for Education Statistics found that 9 out of 10 adults lack the skills needed to fully manage their health care and prevent disease.
The revamped Paycheck Protection Program (PPP) is expected to benefit many employers, but it also adds complexity and requires considerable analysis to avoid pitfalls, according to attorneys who focus on employment matters.
The Paycheck Protection Program (PPP)—called a godsend by some and seriously flawed by others—may be in for a bit of an overhaul.
Have you reevaluated your employee benefits package since social distancing was implemented? It’s likely that your pre-pandemic perks, plans, and promises won’t hold up after COVID-19 passes. You’ll need new, creative benefits to retain talented employees and snag new superstars.