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.
Health, fitness wellness—whatever you want to call it—is a major focus in the United States, with health-related trends increasing significantly as Americans become passionate about staying fit and eating well.
For 2019, the Internal Revenue Service (IRS) is raising most of the annual threshold and benefit levels that apply to retirement plans, the IRS announced on November 1.
When Millennials first entered the workforce, there was a mad rush to get trendy perks and incentives in place to attract this age group. However, now that Millennials make up a majority of the workforce, potential candidates and employees, alike, are speaking out about what work perks they actually want.
As Generation Z (those generally born between 1995 and 2010) begin to enter the workplace, they’ll truly shine when they’re offered opportunities to give back to their communities and causes they care about. And Millennials also excel at work when they’re offered opportunities to give back and help others.
Most employers know that any employee who qualifies as exempt from overtime under the Fair Labor Standards Act (FLSA) must be paid on a salaried basis. Being paid on a salaried basis means that at least the minimum agreed salary for the week is paid, even if the number of hours worked may fluctuate. And […]
You may have seen the recent Department of Labor (DOL) announcement that the Payroll Audit Independent Determination (PAID) Program has been extended by an additional 6 months. If you saw that and hadn’t already heard of this program, it may have you wondering what it is and whether it might be something your organization would […]
The Strengthening Financial Security Through Short-Term Savings Accounts Act of 2018 is a bill introduced in the Senate in July 2018 (S. 3218). It proposes, in short, to “allow employers to offer short-term savings accounts with automatic contribution arrangements for financial emergencies.”[i] This bill has only been introduced; it has been referred to committee, and […]
Being able to accurately identify employees who suffer from a mental health illness should be a sincere concern for managers and supervisors inside the workplace, especially because one in every five Americans—44.7 million Americans—currently lives with a mental health illness.
A federal appeals court upheld an earlier ruling that 401(k) plan and individual retirement account (IRA) assets acquired by an ex-spouse in a divorce proceeding aren’t retirement funds protected by federal law from bankruptcy creditors. The case is Brian A. Lerbakken, Debtor-Appellant v. Sieloff and Associates, No. 18-6018 (Bankr. 8th Cir., Oct. 16, 2018).
According to the American Kennel Club, about 68% of households in the United States own a pet, with 60.2 million of those pets being dogs. And one poll conducted by the American Pet Products Manufacturers Association revealed that around 17% of working Americans reported that their company permits pets at work. Some of the more […]