Miami Jobseekers Most Likely to Negotiate Salary
As the labor market continues to sway in jobseekers’ favor, it should come as no surprise that candidates also feel more inclined to negotiate their salaries before accepting a job offer.
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.
Vermont Minimum Wage to Increase Following Override of Governor’s Veto
Vermont’s minimum wage bill (S.23) has gone through the ringer over the last few weeks, but in 2021, it will finally become law. Learn more about the course this bill has taken.
ESPP 101
If you’re seeing the headline and asking, “What is ESPP?” you’re not alone. “ESPP” stands for employee stock purchase plan or employee stock purchase program.
Healthcare Literacy Among Employees Still a Struggle
A recent survey found that approximately one-third of adults find ordinary health-related tasks, like correctly taking prescription drugs, challenging. This general challenge is often exacerbated by poor employee benefits communications. When employers fail to properly educate their employees on their employee benefits, those employees are much more likely not to take advantage of them.
Ever Wonder If the Gender Pay Gap Is Bogus? You’re Not Alone
Believe it or not, there is no shortage of cynics when it comes to the view that men and women are paid differently, even when they’re producing work that is equal in both quality and impact.
Increase in Caregiving Benefits Beyond the Requirements of the Law
Caregiving benefits are on the rise. A recent survey shows that the majority of employers in the United States are increasing paid leave benefits. That includes expanding existing benefits, adding new benefits, broadening eligibility, and more.
Professional Development and Education Emerge as Top Trends for Channel Partners in 2020
Employees continue to have the upper hand in the war for talent, as unemployment continues to hover at record-low rates. Moreover, benefits are being battle-tested—and deservedly so. They’re a meaningful conduit to enhanced employee engagement and even loyalty.
Countering the Child Care Crisis
As an HR professional, you are likely keenly aware of the child care crisis. Parents spend exorbitant amounts of money on child care, if they can even find child care in their area. Costs and constraints lead to large percentages of new mothers not returning to work, not because they don’t want to but because […]
Understanding the FARM Components of Compensation
Have you heard of the acronym FARM as it relates to compensation? I first heard this term from a BLR® webinar run by Paul Dorf, the Managing Director of Compensation Resources, Inc. (CRI). In that webinar, Dorf noted that a compensation strategy has to incorporate all of the objectives of compensation: to direct what you’d […]
3 Ways Caregiving Is Impacting Recruiting and Retention
Did you know that 42% of employed Americans (more than 54 million people) have provided eldercare in the last 5 years? Or that 69% of working caregivers had to rearrange their work schedule, decrease hours, or take a leave because of these responsibilities? Or that the estimated cost of caregiving in terms of lost productivity […]