Tag: benefits

Walmart Raises Starting Pay. Will Others Follow?

The world’s largest private employer has announced it will raise starting pay for all its U.S. workers to $11 per hour. The change, which takes effect with the Feb. 17 pay cycle, is the latest in a series of salary increases, aimed at better wages for associates.

benefits

Talent Retention: Nearly 25% of Workers Say Their Employer Does Not Offer ANY Benefits

Nearly 25% of full-time employees in the U.S. do not receive benefits, such as health insurance, retirement savings plan, or paid vacation, from their employers, according to a new survey by Clutch, a B2B research firm. These findings suggest that by not offering a benefits package, businesses risk losing out on top talent during the […]

farm

Nebraska Supreme Court OK’s Employee’s Vocational Rehabilitation Plan

Nebraska law permits the Nebraska Workers’ Compensation Court to approve vocational rehabilitation plans to facilitate certain injured workers’ return to gainful employment. Read on to learn about the Nebraska Supreme Court’s recent decision on what the law means to “restore” an employee to work in “suitable employment.”

More Employees Expected to Quit This Year Because of Salary

A new survey from job site Glassdoor finds that 35 percent of hiring decision makers expect more employees to quit in 2018. Among those surveyed nearly half (45 percent) indicate that salary is the top reason for employees changing jobs, followed by career advancement opportunities, benefits, and location.

benefits

An Introduction to Cafeteria Plans: Permitted Tax-Exempt and Taxable Benefits

By definition, cafeteria plans allow employees to choose between cash and a variety of employer-provided benefits without having to include the value of their chosen benefits as taxable income. Cafeteria plans are popular because they allow employees to design individualized benefits programs that suit their own special needs.

ACA

Cadillac Tax Pushed Back Again, This Time to 2022

Buried in the January 22 passage of legislation to re-open the federal government was a welcome bit of news for employers: The effective date of the wildly unpopular “Cadillac Tax” has been pushed back yet again. It is now set to take effect in 2022 rather than 2020 (the original implementation date was January 1, […]

Wage Growth Remains Stagnant

According to job site Glassdoor, the annual median base pay in the United States grew 1.1 percent year over year (YOY) in December 2017 to $51,210. Glassdoor Local Pay Reports show pay growth ticked up slightly from a revised 1.0 percent growth last month. Pay growth peaked in January 2017 at a revised 3.5 percent.

Wellness programs

Employers Left in Wellness-Plan Limbo

In recent years, more and more employers have implemented wellness programs—employee participation programs that may include wellness education, health or fitness challenges, and even limited medical testing and preventive care requirements—to promote and encourage employee health and wellbeing. Through these programs, they hope to create a healthier workforce and reduce insurance costs.