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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.
The digital age is upon us! And it seems almost anything we come into contact with these days has a digital component to it. Yet, while we’re busy scrolling our social media feeds, shopping online, and livestreaming videos, we never stop to think about the people behind the scenes. A new report released by Paysa—a […]
Question: We are currently evaluating a number of exempt positions with our company in respect to forthcoming FLSA overtime exemption changes. Their salaries range below the new salary threshold and above (all depends on tenure and experience). We are looking at bumping everyone to the minimum amount. How are most companies handling the individuals who […]
Prescription drug benefit cost trends for active populations continue to increase at double-digit rates, according to forecasts by The Segal Group, a private consulting firm.
The U.S. Department of Labor (DOL) has filed a lawsuit against the fiduciaries of a Virginia-based employee stock ownership plan (ESOP), alleging the defendants failed to protect the assets of the plan as it purchased nearly $21 million in company shares from the president of Sentry Equipment Erectors Inc., who was also a trustee of […]
Repealing the Affordable Care Act (ACA), long a Republican priority, is unsurprisingly at the center of President-elect Trump’s healthcare agenda. But don’t throw out those 1095-C’s just yet.
While student loans can be a drain on short-term finances, a new survey from Aon Hewitt, the global talent, retirement, and health solutions business of Aon plc, reveals that workers with student loans can also potentially feel the strain into their retirement years.
By Bryan O’Malley, workplace expert at Care@Work and general manager of payments at Care.com Open enrollment season is upon us, which means HR leaders everywhere are striving to make sure their employees are well informed enough to make the best choices about their benefits.
Lockton—a consulting services company—has released its third annual “Human Resources Trends: A Spotlight on Absence Management” survey. The survey highlights the many challenges—and opportunities—facing employers across the United States.
Question: While an employee is out on an approved FMLA leave, can the employee use their medical and/or dependent care FSA money while on leave? If not, what if they are still contributing to the plan?
Every employer covered by the Fair Labor Standards Act (FLSA) must keep certain records for each covered, nonexempt worker. Under the federal Department of Labor’s (DOL) final overtime regulations, employees who currently earn more than $455 per week ($23,660 annually), but less than $913 per week ($47,476 annually), need to be reclassified as nonexempt by […]