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.
Single and family premiums for employer-sponsored health insurance rose an average of 4% in 2015, according to the recently released Kaiser Family Foundation/Health Research & Educational Trust (HRET) 2015 Employer Health Benefits Survey.
Last month, the U.S. Supreme Court agreed to once again review the contentious issue of the contraceptive mandate under the Affordable Care Act (ACA).
The Internal Revenue Service (IRS) has announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2016.
Employment is now a part of the retirement experience in the United States, and many newly retired Baby Boomers who are in a position to continue working are doing so for reasons beyond money, says a recent study.
Our IT department wants to be able to pay our IT staff for after-hours work or holiday pay other than comp time. These employees are exempt employees. We were wondering what other companies do in a case similar to ours?
By Susan Schoenfeld, JD The Office of Federal Contract Compliance Programs (OFCCP) has made it well known that compensation inequality is at the top of its enforcement agenda. In its fiscal year 2016 budget, the OFCCP says it will continue to focus on systemic compensation cases where agency reviews can have the greatest impact.
In Yesterday’s Advisor we discovered that the majority of American workers would choose better perks and benefits over better pay. Today we’ll discuss how they feel about salary expectations and job security. Where Do You See Your Salary in 1 Year? Glassdoor® asked its participants if they expected a pay raise or a cost of […]
A whopping 79% of employees would rather have better benefits or perks than have better pay, according to a recent survey conducted by Glassdoor®. Today we’ll explore some of the details of that survey.
Can you please advise me on the regulations for providing summary plan descriptions (SPDs) for our employees? Since we don’t have SPDs yet, should there be an urgency in getting them produced for distribution this year or can this be a project for 2016?
If you think that only older workers need to be encouraged to get flu shots, you might want to reconsider. This flu season, the federal Department of Health and Human Services is promoting the flu vaccine to younger adults; for several reasons, you might want to do this as well.