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.
A recent survey conducted online by Harris Poll on behalf of Nationwide found that 29% of SMBs with less than 300 employees who offer 401(k) retirement plans and plan to increase contributions say that they are doing so because the ACA has made health benefits less attractive to employees. Additionally, 43% of SMBs who plan […]
Aflac, a provider of voluntary insurance, announced results from the 2016 Aflac WorkForces Report, revealing how Millennials are more likely to embrace a nontraditional approach to pay their medical expenses compared to older generations. They also are more likely than non-Millennial generations to regularly underestimate the total cost of healthcare issues.
By Kerry Anne Carter, vice president, Staples Business Advantage It’s probably no surprise that surveys show employees are overworked, burned out, and just plain stressed. While it may be an accepted reality, this burnout is bad news for organizations’ recruitment and retention goals. Staples Business Advantage’s 2016 Workplace Index found nearly half of employees acknowledge […]
The 32nd National Healthcare Trend Survey from Xerox HR Services reveals that while increases in healthcare costs are slowing, they continue to outpace inflation by a wide margin.
A new report from PayScale, “CEO Salaries: How Much Do CEOs Make Compared to Their Employees?” examines CEO-to-worker pay ratios in light of the recent adoption of a final rule, mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd Frank Act), that requires a public company to disclose the ratio of its […]
A new survey from business professionals, released by Express Employment Professionals, reveals the hurdles that stop applicants from accepting jobs, as well as the top reasons employees leave their current jobs.
By Kate McGovern Tornone, Editor Beginning in March 2018, employers will have to include compensation information on their EEO-1 filings. While the report was previously used by the U.S. Equal Employment Opportunity Commission (EEOC) to look for various types of discrimination, it now also will be used to look for pay discrimination.
Newly released 2017 Salary Guides from Robert Half show that national average starting salaries for U.S. professional occupations are expected to increase 3.6% next year. “With skilled professionals in high demand and short supply, more employers are willing to negotiate compensation with potential hires,” Paul McDonald, senior executive director at Robert Half, said in a […]
Does your organization routinely ask applicant salary history during the recruiting process? If so, you’ll want to pay close attention to some upcoming legislation that could change all of that. There’s a proposed bill coming before Congress that would make asking salary history illegal.
Personalization, providing rewards, and understanding what employees want are key to maximizing value in employer-sponsored health and wellness programs according to results from a new national survey released by Welltok, Inc., developer of the CaféWell Health Optimization Platform ™ and the National Business Group on Health (NBGH), a nonprofit organization that leads initiatives to address […]