Practical HR Tips, News & Advice. Updated Daily.
Income inequality is one of the most impactful and persistent sources of broader inequality in the United States, with women, Hispanics, and African Americans earning considerably less than white and Asian men. To address this problem, jurisdictions around the country have turned to pay transparency laws, which require employers to share pay information with job […]
Today’s macroeconomic backdrop is leading candidates to seek employers that truly care about them as people, are willing to invest in their future, and don’t treat them as disposable. This is especially true for recent college graduates, who fill a vital role in the talent pipeline but also have much different expectations of employers than […]
Non-cash incentives are playing an important role in today’s employee attraction and retention strategies. The Great Resignation has started an important conversation, and workers have shown through their actions that they want to be seen as more than a cog in the machine. Employees are looking for more than a standard salary and benefits from […]
In today’s work environment, U.S. employees are experiencing increasing levels of stress and burnout due to longer workweeks, the labor shortage, the return of time-consuming commutes, increased responsibilities post-COVID and other similar issues that can impact mental and physical health. A recent report released by LLC.org ranked the top 30 “Most Stressful Cities to Work […]
Environmental, social and governance (ESG) has become a cornerstone of corporate attitudes. Throughout the last decade, companies have ramped up their sustainability initiatives and concentrated on creating diverse and equitable teams. However, employee well-being tends to get overlooked. Following nearly three years of pandemic pandemonium, employees, companies, and investors view health as integral to the […]
A quick SECURE Act 2.0 summary is nearly impossible to give. Like the original 2019 SECURE Act, the goal of the update was to increase the number of companies offering retirement plans and to increase employees’ participation in those plans. While the original SECURE Act brought forth new changes, SECURE Act 2.0 far exceeds the […]
Getting “back to normal” as the COVID-19 pandemic has eased has not been simple for anyone. In terms of plan administration, the continued tolling of employee benefit plan deadlines, including those related to continuation coverage under the Consolidated Omnibus Budget Reconciliation Act (COBRA), has kept plan administrators firmly planted in a “COVID-19 world,” even as […]
Just about all employers and brokers agree the health plan industry needs an overhaul. That’s one of the clear takeaways from Centivo’s late 2022 Employer & Broker Health Plan Trends Survey. Exactly how to make change happen, however, is where these groups somewhat disconnect: We found that far more employers are open to innovative ideas […]
Student loan borrowers are preparing to either resume payments or start making them for the first time since March 2020. Currently, federal student loan payments are scheduled to resume 60 days after June 30. That can change if the Supreme Court rules on President Joe Biden’s student debt forgiveness plan, in which case payments will […]
Everyone’s talking about junk fees these days. Even the president called them out in his State of the Union Address. One of the worst offenders is the banking industry, which makes money from overdraft, bounced check, and credit card fees. Junk fees cost your employees money and eat into their paychecks, but employers have a […]