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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.
Over the past 20 years, employers have increased and decreased benefits strategically in response to the needs of the workplace and employees as well as to economic and technological changes, according to the Society for Human Resource Management (SHRM) 2016 Employee Benefits Survey report.
Employees find 401(k)s and similar group retirement plans are found to be the most difficult benefits to understand, followed by health insurance and HSA/FSAs, according to a new financial wellness survey released by Four Seasons Financial Education (FSFE).
Caught between the Baby Boomers and the Millennials, Generation X is fewer in numbers. They have matured beyond their slacker reputations, and many of them are dealing with young children, elderly parents, and stressful jobs.
According to a recent survey released by Namely, attitudes toward summer vacation are shifting under the demands of the modern workplace and growing Millennial influence. While employees are willing to make big sacrifices for more paid time off (PTO), they are unlikely to use it and look for employers to support time off in different […]
The first waves of young people born from 1995 through 2010, aka “Generation Z”, are in the process of leaving school for the labor market. This demographic accounts for 25% of the total population, and with the upcoming influx of Generation Z employees, coupled with Baby Boomers’ retirements, the American workforce is growing demonstrably younger. […]
By Arris Reddick Murphy, FedEx Corp. The U.S. Department of Labor’s (DOL’s) much-discussed final rule on overtime pay announced in May focuses primarily on updating the salary and compensation levels needed for executive, administrative, and professional (EAP) workers to be classified as exempt. But it may have implications for some of these workers’ 401(k) retirement […]
Wellness programs, even the most robust and well-designed ones, are not likely to change employee behavior unless employees are engaged in the process. Savvy companies make engagement a top priority when it comes to educating their employees about wellness.
More employers are investing in “total well-being” programs that address areas such as financial and emotional health, according to the 7th annual survey on corporate health and well-being from Fidelity Investments Benefits Consulting and the National Business Group on Health (NBGH). The survey revealed employers are adding programs that help their workers manage stress, improve […]
While the discussions continue about healthcare reform, most agree that its primary goal—affordable health care for every American—is a noble one. Even as the law was written, and certainly as implementation has progressed, the reality that emerged was anything but simple. For many, “bogged down” doesn’t even begin to describe the processes and the outcomes.
The Children’s Place Inc. (CPI) may be a fun spot for kids, but it’s apparently a lousy place to be an employee covered under the company health plan.