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 Affordable Care Act (ACA) requires applicable large employers (ALEs) to offer 95% of their full-time employees healthcare coverage that meets minimum essential coverage requirements, provides minimum value (at least 60% actuarial value) and qualifies as affordable.
As employers reevaluate employee benefits following the labor shock of 2020’s COVID-19 pandemic, they must look at ways to both shore up financial health and help reduce potential future stressors.
If your organization is growing right now as the economy comes back to life, you may be considering expanding your sales force. Some organizations are looking to hire more sales people and may not already be familiar with the outside sales exemption that is part of the suite of exemptions to overtime pay regulations within […]
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.