Internship Compensation Trends
College students taking part in internships are increasingly getting paid for their efforts, according to a report from the National Association of Colleges and Employers (NACE).
Tag: benefits
Helping to Grow a Workforce
Companies often offer education and training, to further the skills of their employees and attract job candidates. A new initiative by home improvement retailer Lowe’s aims to do this, and more.
Sex Sting Creates a Hornet’s Nest for South Dakota Employer
An employee was netted in a sex sting after he arranged for an escort while he was off duty. Instead of finding love, he found himself suspended from his job—and eventually terminated. Was the employee entitled to unemployment benefits?
Fringe Benefits Affected by the TCJA: Meals, Achievement Awards, and Other Expenses
The enactment of the Tax Cuts and Jobs Act (TCJA) on December 22, 2017, brought the most sweeping overhaul of the Internal Revenue Code (IRC) since 1986. Most of the changes took effect January 1, 2018. In part one of this article, we discussed the TCJA’s impact on employer provided fringe benefits, in regard to […]
IRS Clarifies HSA Preventive Care Rule, Provides Transition Relief
Male sterilization and male contraceptives are not considered “preventive care” for health savings account (HSA) purposes, the Internal Revenue Service (IRS) confirmed in Notice 2018-12. However, the March 5 notice also provided transition relief for applicable fully insured plans at least through the end of 2019.
How the Best Places to Work Use Family-Friendly Benefits to Maximize Potential
In a competitive job market, employers are always looking for a leg up on the competition. So it’s no surprise that when Fortune and Great Place to Work release their annual list of the 100 Best Companies to Work For business leaders, people operations pros and job seekers all dive in with great interest.
Supreme Court May Have to Decide Fate of DOL Fiduciary Rule
The future of the Department of Labor’s (DOL) fiduciary rule could land on the docket of the U.S. Supreme Court now that a federal appeals court has vacated the rule, including the expanded definition of “investment advice fiduciary” and associated exemptions.
Fringe Benefits Affected by the TCJA: Moving and Transportation Expenses
The enactment of the Tax Cuts and Jobs Act (TCJA) on December 22, 2017, brought the most sweeping overhaul of the Internal Revenue Code (IRC) since 1986. Most of the changes took effect January 1, 2018. This article discusses the TCJA’s impact on employer provided fringe benefits and our insights, based on conversations with employers […]
16% of Fortune 500 Companies Offer DB Plans to New Hires; Dramatic Decline Over 20 Years
When a new hire joined a U.S. Fortune 500 company in 1998, there was about a 59% chance he or she would be offered a traditional or hybrid defined benefit (DB) pension. As of 2017, that likelihood dropped to 16% in the same group of employers, according to a new Willis Towers Watson (WTW) retrospective […]
Diversity in the Tech Industry
As America’s information technology industry strives to build a more gender and racially diverse workforce, a new report from the Computing Technology Industry Association (CompTIA), one of the IT industry’s top trade associations, finds contradictory viewpoints on the current state and future goals for workplace diversity.