Category: Benefits and Compensation

This topic provides guidance on how to handle compensation issues in a way that attracts and retains the best talent and advances the strategic goals of your business. You get news and tips on what’s going on nationally and in the states, and updates on changes in regulations, possible governmental action, and emerging compensation trends.

Fixing Benefits Programs Increases Engagement

Organizations continue to focus on helping employees improve their overall well-being, which in turn can positively impact productivity and costs. The key to realizing the value of this focus is an engaged population, yet despite best intentions and large investments, many employers still face low benefits utilization.

An Internal Plan Audit Team Essential for Anticipating Changes

Ensuring that an employer’s 401(k) plan is being administered in accordance with its terms and applicable law is a fundamental fiduciary responsibility. This includes complying with the Internal Revenue Code, the Employee Retirement Income Security Act (ERISA), and the regulations under both.

Are Midcareer Crises Hitting Your Midlife Employees?

We’ve all heard of the midlife crisis, during which middle-aged adults struggle with their mortality, identity, and self-confidence. It should be no surprise—considering how much time most of us spend focused on our careers—that many individuals struggle with a midcareer crisis, as well.

college

Entry-Level Jobs Expected to Net College Grads Over $53,000 in Annual Salaries

According to iCIMS Chief Marketing Officer, Susan Vitale—in a recent RecruitCon 2018 session—81% of college seniors said they would be willing to accept a full‐time job in a field unrelated to their college major. With salary expectations for entry-level positions on the rise, college graduates may have to end up settling for a position outside […]

HSA

IRS Raises HSA, HDHP Dollar Limits for 2019

The annual contribution limits for health savings accounts (HSAs) are going up in 2019, the Internal Revenue Service (IRS) announced May 10. The maximum out-of-pocket limits for an HSA-eligible high-deductible health plan (HDHP) also will be increased for inflation, according to Revenue Procedure 2018-30.

ESPP

Results from Three New Comprehensive Surveys on Compensation

At the recent WorldatWork’s 2018 Total Rewards Conference Pearl Meyer announced three comprehensive surveys aimed at helping HR professionals understand current trends in compensation and hiring. Each of these periodic reports, updated for 2018, includes detailed information that cannot readily be obtained from other data sources.

enqual

Unequal Pay, Unequal Opportunity

A recent survey finds that although employers believe there should be pay equality in the United States, women often remain skeptical about their own careers.