Tag: Compensation

The Importance of Clearly Defining Employee Classifications

Defining employee classifications is one of the most critical compliance tasks for employers. Misclassification can lead to costly legal and financial repercussions. But what exactly do we mean by employee classifications? What Are Employee Classifications? Employee classifications help determine a worker’s rights, benefits, and pay structure under labor laws. Two key distinctions are: Exempt vs. […]

Embracing Weight Care Programs for Holistic Employee Well-Being 

More employers are recognizing the importance of embracing a holistic approach to employee health benefits, understanding that a healthy workforce is essential for both individual well-being and organizational success. As such, weight health coverage and support should be – and is increasingly considered – a non-negotiable aspect of comprehensive benefits packages given its link to […]

It’s Bonus Season: How Companies Use Bonuses to Drive Performance and Alignment

As the year winds down, employees everywhere are looking forward to a familiar end-of-year tradition: annual bonuses. For companies, this is more than just a financial transaction. Bonuses represent an opportunity to reward performance, align employees with organizational goals, and foster a culture of motivation and accountability. But how companies approach bonuses can vary widely, […]

Why 2025 will be a Pivotal Year for Benefits

The relationship between employees and companies is in the middle of a fundamental transformation — and this transformation will only gain momentum in 2025. Employees are demanding to be treated as unique individuals with their own concerns, financial goals, and professional aspirations. They want holistic support that covers everything from work-life balance to financial well-being. […]

How Employers Can Empower Healthier Lives in 2025

Employer-sponsored healthcare has long been a highly valued benefit for over 60% of employees—and with good reason. Healthcare is expensive and can lead to financial hardship in the absence of a comprehensive, affordable health plan. Yet, navigating the U.S. healthcare system has become increasingly challenging for employees, leading to widespread frustration and lack of understanding […]

5 Ways FSAs Can Help Employees Save Money and Start the New Year in Good Health

During the holidays, when stress can run high and finances low, it’s more important than ever that employees understand how to use their flexible spending account (FSA). However, lack of awareness and understanding of what’s eligible can cause employees to leave FSA funds on the table at the end of the year. According to an […]

Best of Faces of HR 2024

HR Daily Advisor‘s Faces of HR column is a weekly series, profiling the amazing work being done by members throughout the HR community. Not only do we take a closer look at the successes, challenges, aspirations, and opinions of HR professionals, but we also share personal experiences providing a bit more insight into each individual. This […]

How to Create a Winning Total Rewards Strategy in 2025

In 2025, companies aiming to stay competitive will need to transition from fragmented compensation and benefits programs to a unified total rewards strategy that aligns employee support and expectations with core business objectives. This strategy should cover every aspect of the employee experience—from employee well-being and compensation to career growth.   By implementing a comprehensive, […]

Emergency Savings: The Unsung Hero of Retirement Security 

In employee benefits and retirement planning, we often focus on 401(k)s and other long-term savings vehicles. However, a critical piece of the financial security puzzle is often overlooked: emergency savings. For HR and benefits professionals, understanding the importance of emergency savings accounts (ESAs) is crucial to developing comprehensive financial wellness programs that truly serve employees.  […]