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.
All across the nation, employers are scrambling to get on “Best Employer” lists—such as, Glassdoor’s annual 10 best places to work list, Fortune’s 100 Best Companies to Work For® list, and others. Not only do these lists showcase the “best of the best,” but they also show other employers what’s working to get talent in […]
Currently, as per federal law, employers are required to pay employees at least $7.25 per hour, although many state laws (and some cities and counties) have different minimum wage requirements. However, many federal lawmakers and citizens want to increase the federal minimum wage to $15 per hour because they claim that workers making less than […]
The original “excessive fees” case—first filed in 2006—finally concluded on March 28 with a $55 million settlement for the plaintiffs, one of the largest ever awarded in 401(k) fee litigation.
Currently, as per federal law, employers are required to pay employees at least $7.25 per hour, although many state laws(and some cities and counties) have different minimum wage requirements. However, many federal lawmakers and citizens want to increase the federal minimum wage to $15 per hour because they claim that workers making less than that are still living in poverty […]
Do your employees and bottom line a favor—think before you dole out those trendy benefits.
Yesterday’s post detailed information about why you should offer postsecondary education benefits to your employees, and today’s post will outline more information on how to do this.
What was once a taboo subject, is now openly discussed in workplaces across the country. That’s right, we’re talking about employee compensation. With websites, like Glassdoor, that openly showcase the average salary for any given role, gone are the days of trying to keep “pay” a secret. While salary isn’t the only reason why people […]
Contributing to employees’ postsecondary education costs can significantly help an organization succeed and remain competitive, which is why 71% of U.S. organizations currently offer some sort of postsecondary education reimbursement benefit, among other postsecondary education benefits like accredited certificate programs and training.
In a challenging labor market that saw the U.S. unemployment rate hover around 3.9% throughout 2018, employers are increasingly looking for ways they can beat the trend and meet their hiring goals. With qualified candidates at a premium, employers must examine how they’re presenting themselves to the interviewee, in order to effectively assess candidates while creating a […]
With mergers and acquisitions (M&A) activity hitting record highs despite recent stock market volatility, companies that may be targets or acquirers must take a second look at their nonqualified retirement benefit plans.