Tag: benefits

How Estate Planning Benefits Promote Recruitment, Retention, and Satisfaction

As the modern workforce becomes more financially savvy and forward-thinking, employers are recognizing the value of offering comprehensive benefit packages that extend beyond traditional healthcare and retirement plans. Estate planning is one such benefit that’s gaining popularity among both employers and employees alike. Keep reading to explore why estate planning is a cutting-edge strategy that […]

The Big Squeeze Known as Salary Compression

Imagine you’ve been working at the same employer for the past 8 years. You’ve received a couple of promotions, and now as a supervisor, you’re earning $16.50 per hour, or $34,320 annually before overtime. It’s the most you’ve ever earned! The average pay for the staff who report to you is $13.88 per hour, which […]

Faces of HR: Sharifa Parker on AI and Symbiotic Relationships

Meet Sharifa Parker, Vice President of People at Moogsoft, an AIOps software company dedicated to helping people and machines work in harmony. They have 20 years of experience as a senior people leader in high-growth tech start-ups, helping to create and sustain high-performing organizations. For the last decade, Parker has been a key asset in […]

Workplace Protections for the Working Mother

Many working mothers strive to attain some form of work/life balance but may find their jobs don’t provide the flexibility and autonomy they need to reach this goal. As women, we often feel like we’re spinning one plate too fast and one plate too slow and will eventually drop them all. While many employers voluntarily […]

Summer Hours: Pros and Cons for Businesses

As the United States moves further into summer, the weather and long days can bring a welcome mental health boost but can also be distracting for some employees. Instead of focusing diligently on work, they may spend their Friday afternoons mentally packing for that weekend cabin trip or sneaking out a bit early to play […]

A Guide to Developing PTO Packages for New Small Business Owners

Starting a small business is an exciting and rewarding experience. However, it also requires a lot of work and preparation to ensure you’re compliant with all laws and regulations. One important aspect of running a small business is creating an effective paid-time-off (PTO) policy for your employees. Choose the Kind of PTO You’ll Provide The […]

Faces of HR: Robert Boersma on Trust, Listening Deeply and Living to Work

HR Daily Advisor’s 2023 Employee Benefits Week is well underway and it doesn’t stop with our latest Faces column. Despite high-profile layoffs and an increased unemployment rate, the current job market may be tight but still robust, as candidates continue to seek new opportunities. Benefits and compensation continue to be not only a hot topic but […]

What the New HSA Contribution Limits Mean for Employers and Employees

Higher health savings account (HSA) contribution limits can have a number of positive implications for both employers and employees. Healthcare costs, along with the cost of nearly everything else, have continued to rise, so these new limits should be a welcome relief to individuals and families. For Employees Employees are wise to contribute as much […]

What Employers Need to Know About Insurance Plan Restrictions in Cancer Care

The health insurance industry is very complicated and getting more so every year. There are many different players, as well as numerous policies and practices insurance companies and their partners use that can delay or deny the care your employees need. According to a Business Group on Health survey1, cancer is the top driver of […]

What Benefits Matter More to Employees Than Salary?

During an economic downturn, job hunters usually search for the highest-paying position, but when deciding between offers with comparable pay, they might overlook salary and choose the role with the best benefits. The full range of benefits—health insurance, retirement plans, career advancement, and parental leave, among others—may be of the utmost importance. Do these perks […]