Tag: benefits and compensation

Former Employees Can’t Sue Employers Under Utah’s Mini-COBRA Statute

In Greek mythology, Panacea was the goddess of universal remedy. She supposedly had a potion of herbs to cure almost any ailment. From the fabled goddess, the English language has adopted the word “panacea” to mean a cure-all or solution to all problems. Often, filing a lawsuit is seen as the way to get all […]

Make Sure Your Parental Leave Policy Is Ready for Post-COVID-19 Baby Boom

Early during the COVID-19 pandemic, there was speculation about a baby boom in the coming months because couples were spending virtually all their time at home together, perhaps with too much “downtime.” An immediate boom ended up not occurring, according to a recent study by University of Michigan researchers. But, the slight pause in pregnancy and childbirths […]

Ruling Helps Employers Ending Union Pension Funding

The U.S. 6th Circuit Court of Appeals (which covers Michigan employers) recently issued a long-awaited decision about the appropriateness of interest rate assumptions used by union pension funds to calculate withdrawal liability. The court affirmed a district court’s opinion holding the Ohio Operating Engineers Pension Fund’s use of the “Segal Blend” violated the Employee Retirement […]

benefits

What Perks Are Most Important for Today’s Jobseekers?

In an era of increasing globalization and surging demand for highly skilled workers, recruiting and retaining talent can pose a formidable challenge for employers. This challenge is only amplified by the fact that the needs and expectations of today’s workforce are rapidly evolving. But what perks should you offer today’s jobseekers to ensure your company […]

Examining the Critical Factors Employers Must Understand About Candidate Expectations

As the United States navigates a historic labor shortage, it’s critical for employers to adapt to the changing employee benefits landscape and compensation demands. Employers must understand that today’s jobseekers are evaluating companies differently, and the kinds of benefits and wages that will attract them are changing, as well. According to beqom’s 2021 Employee Expectations […]

10 Things to Look for in a Time and Attendance Software

Time and attendance software is a great management system that all businesses should consider employing to manage their staff’s work hours. There are many different types of time-tracking systems on the market today, but not all of them may be best suited to your business requirements. If you’re in need of a new system, it’s important […]

How HR Managers Can Help Employees with Financial Issues

Human resources is a field dedicated to providing businesses with the tools they need to manage a healthy and happy workforce. Workers face all kinds of challenges that can impact safety and productivity on the job. By being there to help employees navigate the problems they’ll encounter as they work, HR teams have the invaluable […]

Rethinking Your Employee Benefits for Post-COVID-19 World

COVID-19 had an immediate impact on the workplace back in March 2020, shifting employees from the office to the home office. As active numbers continue to be monitored, we’re seeing the pandemic may have a lasting effect on the workplace and how, where, and when people work. The crisis also has opened up new opportunities […]

Hacker

Best Practices to Protect Your Data: Reviewing DOL’s Cybersecurity Instructions

With the recent spike in cybersecurity breaches rippling through all corners of the global business landscape, the surging interest in data protection has caused even the highest departments of state to take note and weigh in.  In April 2021, the U.S. Department of Labor’s (DOL) Employee Benefits Security Administration issued a cybersecurity guidance to help […]

gen z

Focus on Finance When it Comes to Gen Z Benefits Packages

While segmenting employee populations by generation is “old hat” at this point, the rise of the latest cohort, Generation Z, requires a new focus. Gen Z (individuals born after 1997) makes up more than one-fifth (21%) of the world’s working-age population and is expected to grow to 30% of the U.S. workforce by 2030. At […]