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.
You may be asking yourself: ‘How can I, as a business owner or HR professional during this crisis, reduce my insurance expenses right now?’ Managing cash flow is at the top of people’s minds right now, and yes, there is an opportunity to lower your insurance expenses immediately.
Q. Because of the coronavirus, we have reduced everyone’s hours to 30 per week. An employee wants to take his paid time off (PTO) but be paid for his normal 40-hour workweek. Can the company pay for only 30 hours since that is what the entire staff has been moved to?
Pay transparency has been the gold standard for fighting all kinds of pay inequity. Recent research by PayScale claims that pay transparency does, in fact, solve the gender wage gap. I spoke with an expert about the findings, as well as some of her own research, and she believes pay transparency must be part of […]
Congress passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) on March 27, 2020, to assist employers coping with the COVID-19 pandemic. It is chock-full of provisions that impact employers, including the rollout of robust unemployment compensation benefits, payroll tax credits and deferral, and various forms of economic assistance to incentivize employers to […]
The U.S. Department of Labor (DOL) continues to issue guidance related to the various actions the government has taken intended to ease the blow COVID-19 has struck against the nation’s workforce.
Has your organization considered offering employee loans as a benefit? Given the number of people in the United States who live paycheck to paycheck, there are a lot of employees out there who are one emergency away from needing financial assistance in some form.
The coronavirus public health emergency has created a number of issues affecting employee benefit plans. Employers are asking numerous questions: What does our health plan have to cover as it relates to coronavirus testing and treatment? Can our employees take a distribution from their retirement plan penalty free to deal with the coronavirus and its […]
Earned wage access (EWA), as the name implies, means giving access to wages earned—in this case, before they would typically be paid out on payday. In other words, it is a way to shorten the gap between the time an employee earns his or her money and the time it is actually in his or […]
According to one expert, 80%–90% of care any adult is ever going to need can and should be delivered through primary care and family medicine. Yet, medical facilities are designed to delegate primary care patients to networks of specialists where they can charge insurance companies and patients much more. Those costs lead directly to high […]
In this time of uncertainty, many employers are forced to make difficult staffing decisions. Already, thousands of employers have had to let employees go, as they find themselves without enough income to support their previous staffing levels.