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.
Winning the war for talent requires a variety of methods to attract jobseekers to your company. One way to attract top talent is through your company’s benefit package. But does your benefits package stand up against the competition?
Winning the war for talent requires a variety of methods to attract jobseekers to your company. One way to attract top talent is through your company’s benefit package. But does your benefits package stand up against the competition?
With Congress considering a couple of bills aimed at preventing wage discrimination—and several states with pay equity laws already on the books—employers may want to take a close look at their compensation practices, according to attorneys who help employers with pay matters.
Employers face two important challenges with their benefit programs: meeting employee demands for personalized coverage and continuing to manage costs. This year, employers are exploring some innovative approaches to achieving both goals. Many of these changes also serve to drive consumerism and healthier behaviors—leading to both short- and long-term wins for employers and employees.
The Government Accountability Office (GAO) released a study recommending three ways the Internal Revenue Service (IRS) and the U.S. Department of Labor (DOL) could clarify the handling of transfers of millions of dollars in unclaimed savings from employer retirement plans to states. While the study and recommendations had a narrow focus, they build on an […]
With Congress considering a couple of bills aimed at preventing wage discrimination—and several states with pay equity laws already on the books—employers may want to take a close look at their compensation practices, according to attorneys who help employers with pay matters.
According to research, 85% of parents say they wish their employer offered childcare benefits; almost two-thirds of parents—and 83% of Millennials—say they’d leave one job for another if it offered better family-care benefits; and two-thirds of parents said childcare costs have influenced their overall career decisions.
With a stated aim of providing clarification on how to determine employees’ regular rate of pay, the U.S. Department of Labor (DOL) has announced a new proposed rule updating what forms of payment employers can include and exclude in the “time and one-half” overtime pay calculation.
Recruiting tech talent continues to remain a challenge in 2019, as many workers are holding out for bigger salaries and better job offers. “If employers are having trouble bringing on technology talent, they may need to take a second look at their salary offers,” suggests staffing firm, Robert Half Technology.
Even in a strong economy, employers often feel the need to be money-conscious. After all, the basic profit equation is pretty simple: The money I earn minus the money I spend equals my profit. For most businesses, particularly in the service sector, salaries make up a huge portion of company costs and overall revenue.