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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.
A new compensation survey by Comparably examines salary negotiation in the tech industry. Over 5,000 tech employees were asked about whether they negotiated their salary for their current position. Comparably provides accurate and comprehensive compensation and culture data, to understand employees’ true value and needs to make work better. The infographic below shows their salary […]
After decades of job hopping—by necessity or design—some people have accumulated several retirement accounts, making it a confusing chore to keep track of what’s happening with their money.
By Jane Meacham Retirement plan service providers likely will face the most need to change business models among those affected by the U.S. Department of Labor’s (DOL) final fiduciary rule issued in early April. Although adoption of the regulation is more than a year away, many respondents to an industry survey quickly registered confusion, and […]
Working families and workers under 30 years old are the least comfortable in their personal knowledge and skills when it comes to navigating medical benefits and healthcare systems, according to a new survey. While these workers want more healthcare resources, they aren’t utilizing the tools and programs available to them due to a perceived lack […]
By Gwen Cofield Bills expanding access to account-based healthcare arrangements in various respects were approved June 15 by the U.S. House of Representatives’ Committee on Ways and Means.
By Kristine Mullen, segment vice president of Wellness, Humana Many employers are still struggling with low employee engagement in their wellness programs. Too often, employees either do the bare minimum requirements of their wellness program, or they get engaged initially but then interest tapers off. According to one finding, 63 percent of employers cited “low […]
In a letter dated July 11, Starbucks founder and CEO Howard Schultz announced that the international coffee purveyor would be raising base pay for its U.S. employees this fall:
If an employee was approved to take an unpaid month long leave of absence, are we required to extend her health benefits during that month? If we are obligated to provide them, is she responsible for the entire premium for that month? Do we treat this like a continuation of coverage, even though she is […]
If you have employees who travel for work—particularly women of childbearing age—the Zika virus may be much on your mind (and theirs) these days. Fortunately, the federal government is expediting efforts to develop a vaccine.
By David Slaughter, JD, BLR Senior Legal Editor The recently released Republican blueprint for replacing the Affordable Care Act (ACA), while generally well received by plan sponsor groups, elicited concern for its proposal to tax employer-provided health benefits above a certain threshold.