Practical HR Tips, News & Advice. Updated Daily.
While salary is important when considering a new job offer or whether to stay with a current employer, according to a Care.com Workplace Solutions Better Benefits Survey, better family lifestyle benefits such as family-care assistance, flexible work schedules, and paid parental leave, directly impact an employee’s decision to make that final move.
The overwhelming majority of defined contribution plan participants at retirement age roll their retirement savings over from their employer’s plan to an individual retirement account within five years of leaving the company, according to new research by Vanguard. But most refrain from taking distributions for years afterward. This common decision has implications for the “to […]
Most people understand the notion that public sector employees have made a choice to exchange some financial compensation for noncash rewards, including superlative benefits. E. James Brennan, a compensation expert with decades of experience in the field, says there are nuances that many of us do not truly understand.
Does your organization utilize a human resources information system (HRIS)?
By Missy Jaeger, VP of Client Success at Keas One of the most studied generations ever, Millennials have definite workplace preferences and generational attributes that can guide outreach and communications. According to a US Chamber of Commerce Research Review report, Millennials do value their benefits package: More than half say it’s an important factor in […]
Did you know that the Equal Pay Act (EPA) is actually a component of the Fair Labor Standards Act? The EPA was established in 1963 and signed into law by President Kennedy.
It’s a common misconception that the Affordable Care Act (ACA) mandates that large employers provide health insurance for employees. The regulations actually don’t mandate that; instead, the regulations state that employers make a choice: They can choose to offer coverage that meets at least the minimum standards OR they can choose to pay a penalty. […]
By Gerry Leonard, President, ADP® Benefits Services As employers increase their investment in benefits technology, HR leaders may want to look at workplace benefits and related technology through the prism of the four ‘C’s: Consumerism, Compliance, Cost and Culture.
Health care benefit cost increases at large employers are expected to hold steady in 2016, due in large part to changes employers are making to their benefit programs.
The Pension Benefit Guaranty Corporation (PBGC) announced new final rules for reportable events, focusing on the minority of plans and sponsors that pose the greatest risk of defaulting on their financial obligations.