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.

parental

Lululemon Expands Full Paid Parental Leave

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.

Attract Working Fathers with Paternity Benefits

In the war for talent, every strategy must be utilized to stand out among your competition. However, you must also know what jobseekers want in order to attract and retain them. In honor of Father’s Day, we’re looking at new Indeed data, which reveals what working fathers want from their employers, and what this demographic […]

Yea, Right! Gen Z College Grads Expect to Earn How Much Money?

Salary negotiations are pretty common among employers and jobseekers. According to a recent Recruiting Daily Advisor survey, over 73% of respondents say they’re open to negotiating a salary, depending on the position and over 17% say they’re open to negotiating a salary for every position. But how about negotiating a salary that’s $10,000 over the […]

Do Jobseekers Want Financial Wellness Benefits?

Student loan debt, rising healthcare costs, and stagnant wages are constantly making headlines in the news, so it should come as no surprise that 80% of employees are stressed about their finances, according to a new Ceridian survey. Should employers be offering financial wellness benefits to help ease these burdens and attract top talent?

The Future of Payroll Has Arrived, and It’s Instant

Today, takeout or groceries can be at your doorstep minutes after ordering. Burger King is delivering food to those caught in L.A. traffic jams. Nearly everything in our lives has adjusted to “Smartphone Time” and can be had instantly with a swipe.

PBGC to Require More Detail in Reportable Events Filings, Introduce New Coverage Determination Form

The Pension Benefit Guaranty Corp. (PBGC) will be changing its reportable events filings to include controlled-group information, company financial statements, and defined benefit (DB) plans’ actuarial valuation reports, adding more detail to five plan or employer events already reportable to the agency that rescues failed pensions.

Defined benefit retirement plan

How to Know When Your Defined Benefit Plan Is Ready to Prepare for Termination

Employer-sponsored private-sector defined benefit (DB) plans have been on the decline for many years as U.S. employers have shifted to defined contribution (DC) retirement plans. Just 17% of private-sector employees had only a DB plan or both a DB and DC plan as of March 2018, according to the Bureau of Labor Statistics (BLS). Meanwhile, […]