Workers Want Flexibility
Forget the trendy perks and flashy benefits. One of the things job seekers want most is flexibility.
Tag: benefits
How Will a Minimum Wage Increase Impact You? CFOs Weigh In (Survey)
Nearly 75% of minimum-wage paying firms in the United States say they would reduce current or future employment if the minimum wage is raised to $15 per hour, according to a recent survey of senior finance executives.
U.S. Supreme Court: ‘Church Plan’ Need Not Be Established by a Church to Qualify for ERISA Exemption
The Employee Retirement Income Security Act of 1974 (ERISA) generally requires private employers offering pension plans to adhere to a lengthy list of rules designed to ensure plan solvency and protect plan participants. Church plans, however, are exempt from those requirements.
The Benefits of Total Compensation Statements (And Pitfalls To Avoid)
Summer is upon us, and you know what that means: soon 2018 planning will begin. Perhaps you’ve been considering providing employees with a total compensation statement. These can be a way of giving employees a more complete picture of the benefits you provide, which may lead them to appreciate you more as their employer. At […]
Employers, Your Salary Ranges May Be Outdated
All the talk about stagnant wages may have employers thinking they can keep position salary ranges the same. Unfortunately, that thinking will make it difficult to hire and retain workers.
Study: AHCA Could Kill Nearly a Million U.S. Jobs By 2026
If it becomes law, the American Health Care Act (AHCA), as passed by the U.S. House of Representatives, could cause an estimated 924,000 jobs to disappear by 2026 and trigger an economic downturn in nearly every state, according to a new report published by researchers at George Washington University’s Milken Institute School of Public Health […]
South Dakota Brewery Worker’s Employment Tanked by Medical Restrictions
A brewery employee suffering from a medical condition was placed on additional work restrictions by his new treating physician. Accommodating the new restrictions put the employer in a position where it had to either invest in expensive equipment or let the employee walk.
New Report Offers Perspectives on 21 Topics to Help Organizations Become Destination Employers
Employers need to plan for more change affecting their compensation and benefit programs as competition for talent intensifies across global borders and the U.S. Congress continues to take steps toward healthcare reform.
CMS Seeks Input on Easing ACA Burdens
The Centers for Medicare and Medicaid Services (CMS) is seeking input on how it can reduce the economic and regulatory burdens of the Affordable Care Act (ACA). The request for information (RFI), published June 12 in the Federal Register (82 Fed. Reg. 26885), calls for recommendations on streamlining the ACA’s regulation of the individual and small-group […]
LIMRA Data: Pension Buyouts at Highest Q1 Level in 15 Years
Single-premium pension buyout sales as part of the “derisking” of defined benefit (DB) retirement plans for the first quarter rose 31% from the same period in 2016, totaling $1.4 billion—the highest first-quarter results in 15 years, according to the LIMRA Secure Retirement Institute.