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.
Saturated with jobs and lacking enough people to fill them, the tight labor market continues to make headlines, and for employers it’s not just a news story. Instead, it is a new reality that will be here for the foreseeable future. Making your organization stand out from the crowd is increasingly important—and more challenging.
Most job candidates and employees think of compensation primarily in salary terms, but how aware are they of the total cost of the compensation package you’re offering? And are employers properly communicating the value of benefits?
Employers today face a variety of challenges related to employee health, ranging from increasing costs, work-related stress, and dissatisfaction to reduced productivity and engagement.
Imagine this: You’ve found your purple squirrel! She has all the right skills, answered the interview questions exactly how you wanted, and would be the last part of the puzzle to make your team whole. You extend an offer of employment … and she declines.
Recent lawsuits alleging the use of “outdated” mortality tables when calculating benefits payable in annuity distributions or at early retirement could be part of a new trend that poses a threat to defined benefit (DB) plans, according to one law firm’s employee benefits practice.
When it comes to buying a home, realtors will tell you that location is the most important factor. However, as an employer, your location may make or break your company’s efforts to recruit top talent. A new Robert Half survey finds that 62% of workers claim they would relocate for a job that offers better […]
Most employees think of compensation primarily in salary terms, but how aware are they of the total cost of their compensation package? And are employers properly communicating the value of benefits?
With the new year in full swing, many companies may be looking to fill recently allotted roles. Hiring competition is expected to be fierce among employers—just last November, the increase in new jobs added to the market was double the number of people entering the labor force each month.
Relocation assistance is something that not all employers offer but could be worthwhile to consider. Some employers think that the expense is too great to be justified, while others think that it opens many doors and allows them access to candidates they never would have otherwise found.
According to Deloitte research, the corporate wellness market is projected to be worth $11.3 billion by 2021, and two-thirds of organizations inside the United States already claim that well-being programs are a critical part of their employment brand and culture.