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.
Many exempt employees are salaried, and many nonexempt employees are hourly. Sometimes, however, an employer may have salaried nonexempt employees. This article explains whether an employer may prorate the salary of a salaried nonexempt employee who works less than 40 hours in a workweek under the federal Fair Labor Standards Act (FLSA).
Nearly half (49%) of working mothers surveyed do not have enough money to cover their health insurance deductible if they needed to do so today, according to a new survey from Aflac, a voluntary insurance provider, and Working Mother magazine.
A privately held commercial bank in San Francisco, California was ordered by a U.S. district court in a fiduciary-breach judgment to pay more than $860,000 to participants in its former employee stock ownership plan (ESOP).
by Kerry Anne Carter, vice president of Sales, and Carl Bergauer, field sales director, Staples Business Advantage It’s in a company’s best interest to ensure their workers are happy and healthy, so they can be more productive and positively impact the bottom line. However, simply putting a wellness program in place isn’t always the answer.
Does your organization suffer from high turnover? Are you constantly looking for ways to retain talent? A new survey, conducted by Paychex, may offer more insight into ways employers can keep their current workforce happy, engaged, and most importantly—keep them around! The Paychex survey report, “Employee Retention: What Makes Employees Stay or Leave,” focuses on […]
by Magali Delafosse, group VP of HR, Crown Worldwide Group In today’s global economy, sending talented employees abroad has not only become a growing trend, but a competitive necessity. It’s projected that between now and 2020, annual international assignments will increase by 50%—having already increased by 25% over the last 10 years. But overseas assignments […]
In light of the devastation following Hurricane Matthew, the U.S. Department of Labor (DOL) has announced an update on compliance with employee benefit plan rules under the Employee Retirement Income Security Act (ERISA) for those adversely impacted.
by Martin J. Regimbal There has been considerable publicity about the “pay gap” between men and women. A recent case from the federal trial court in Hattiesburg dealt with a constructive discharge claim based on a claim of unequal pay. Let’s see how the court ruled.
Just over half of U.S. employees believe they are being paid fairly compared with workers who hold similar jobs either at their own or other companies, according to the 2016 Global Workforce Study by Willis Towers Watson, a leading global advisory, broking, and solutions company. At the same time, a companion survey of U.S. employers […]
by Karen Gustin, executive vice president of Ameritas Group Division We know that when it comes to health benefits, employees want choices. And they expect their employers to help them understand those choices. Studies show that people are more satisfied with their jobs, and less likely to look for other employment opportunities, if they believe […]