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.
Many people were surprised to enter the new year with a higher price tag attached to their prescription medication. And It’s no wonder why: Between January and July 2019, prescription prices increased by more than 10% across more than 3,000 different drugs.1
If your company has ever relocated employees or new hires, you know it is one of the trickiest tasks an HR department can undertake. Relocating workers comes with a raft of concerns: onboarding employees into their new office; integrating them into the office culture; and, in some cases, taking on their moving expenses. However, during […]
In health care, acronyms abound—ACA, FSA, FMLA, CDHP, HSA, etc. It can be a bit overwhelming.
Perhaps you remember a time when the holiday bonus was a guarantee and when organizations shared their financial success with their workers with surprise bonuses. While that does still occur in some organizations, it is far from ubiquitous.
We’ve talked in the past about the idea that not all benefits are utilized equally by employees and how this may inadvertently create a situation in which benefits seem to help some employees much more than others. This is often the case for benefits that target those who are married or those with children. The […]
In the world of recruiting and retaining top talent, compensation will drive all your efforts this year. According to Monster.com’s 2020 State of the Candidate Survey report, compensation is a recurring theme among all jobseekers in every aspect of the hiring process and an employee’s tenure; because of this, employers that take an active approach […]
Student loan debt casts a wide net and draws in a lot of people: students burdened with financial stress; workers who must reskill and upskill; and employers that must fill skills gaps and are seeking to increase diversity in their companies. People in each of these groups face financial constraints caused by student loan debt.
Sixteen states and at least 10 large cities have increased their minimum wages substantially in 2020, with a majority of them going into effect on January 1. The minimum wage increases are happening in many markets already at or near historic lows in unemployment, which could have a significant impact on employers looking to recruit […]
Economic empowerment is the principle of financial independence for women. Coupon Chief tackled this issue with an infographic that covers the current state of women’s finances and how women can leverage employer benefits to improve their financial status. Check it out below!
The high-tech industry is famous for its efforts to attract top talent. In addition to impressive salaries, companies like Google are known for over-the-top employee perks and inviting campuses—and for good reason. High tech has high competition.