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.
So much has been volatile for the American worker since the Great Recession—but one constant has been the size of annual merit increases. For many years, merit increase budgets have continued to hover just under 3%, despite an improving economy, low unemployment, tax reform savings, and fierce competition for talent. Employers face competing cost pressures: […]
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.
Several troublesome issues faced by Employee Retirement Income Security Act of 1974 (ERISA) plan sponsors, service providers, and attorneys are likely to be resolved in court cases this year. These lawsuits, and the way they are settled, could potentially have widespread effects on plan participants and the retirement plan community for years to come.
We’re well into the start of calendar year 2019, and the to-do list to close out 2018 holds many tedious and time-consuming tasks. It is tempting to put off thinking about what may be coming in this new year.
Enticing jobseekers with competitive salaries and perks is a struggle many small businesses (SMB) owners are facing in the year ahead, finds a new study by Oasis Outsourcing, a professional employer organization.
While there are conflicting reports about what workers want from their employers—whether it’s more flexibility, better workplace perks, access to better health benefits—one thing remains clear: employee compensation is the key to attracting and retaining talent.
In a previous post, we discussed recent survey findings, which showed that one in three managers are unable to handle high-stress, high-stakes situations in the workplace. The result of this inability can be poor team performance, which can be manifested in a number of ways.
Each year we conduct a nationwide survey to learn about pay practices throughout the country. We are pleased to release the results of our 2018 survey.
Pension plan sponsors lately have come to expect an increase in their bill for Pension Benefit Guaranty Corporation (PBGC) premiums as each new plan year begins, and 2019 is no different.
We’ve been talking for some time about the tight job market faced by employers across the company. With the unemployment rate at a historic low, many jobseekers are having an easier-than-usual time finding a new job, or a first job, as employers struggle to find qualified employees.