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.
A recent report from the Bureau of Labor Statistics (BLS) examined average hourly compensation rates from March 2019 for private industry employers among the four regions of the United States. The findings show that the Northeast pays the most for its workers. Within the Northeast, New England had the highest costs and the second highest […]
Minimum wage increases will affect numerous locations on July 1, 2019.
Having children is a momentous occasion for anyone and often means big changes in one’s personal life. But for those of us in the working world, our personal lives are often inexorably intertwined with our work lives.
To this day equal pay for equal work is not a reality for many women in the United States. There are many forces at play, but recent research sought to explain what is happening.
It’s been in the news frequently enough that most of us are at least vaguely aware that healthcare costs have been rising over the last several years. Anyone paying for health insurance is certainly more than vaguely aware of this. While employees are seeing higher deductibles and more expensive premiums, the impact on businesses is […]
The Internal Revenue Service (IRS) has released a draft Form W-4 for use in tax year 2020, which includes significant changes designed to further implement the Tax Cuts and Jobs Act (TCJA) passed in December 2017.
At one point or another, most of us have probably felt burned out.
The U.S. economy is the strongest it’s been in decades, but American small business employees are facing a dilemma when it comes to saving for their futures.
Minimum wage continues to climb for many states throughout the country and Congress is expected to vote later this summer on increasing the federal minimum wage to $15 per hour. More states and municipalities have already begun the process of instituting a $15 minimum wage, could this be hurting small business owners in the quest for talent?
Although the Equal Pay Act of 1963 technically prohibits employers from paying women less money than men, research continues to show that women earn less money in the workplace (especially women of color), and that women aren’t in as many executive-level roles as men.