Practical HR Tips, News & Advice. Updated Daily.
Not every company has a formal name for it, but every organization that hires employees has to have an idea of what they’re willing and able to pay those employees. Pay and benefits may be determined ad hoc in many organizations, but there are actually a lot of benefits to creating a more formal structure […]
According to new research conducted by the Employee Benefit Research Institute (EBRI), owners of individual retirement accounts (IRAs) increased their stock equity allocations in 2013—the most recent year for which data are available—as compared with the three years prior.
Despite the healthcare reforms implemented under the federal Patient Protection and Affordable Care Act, 90% of employers are facing increases in the premiums they pay for employee health plans. And nearly 25% of employers are seeing rate increases in the double digits says a new survey by Arthur J. Gallagher & Company.
What are the ERISA Health and Welfare Benefit reporting requirements that apply to a small employer (less than 25 employees) with a fully insured group plan?
“Millennials are becoming the largest demographic in the U.S. Workforce—about one third of all workers—so it’s critical for employers to understand how to attract and retain Millennial talent,” said John Burke, senior vice president and chief culture officer, Staples, Inc. “Our Workplace Index found that contrary to popular belief, salary is important to Millennials, just […]
Question: How can an employer engage employees in the company’s success, give themselves a competitive position in the battle for new and existing employees, and at the same time, facilitate the sale of the company to a group of trusted, motivated people?
Large employers with 200 and more employees will not have to automatically enroll their workforces into health plans, under budget legislation signed by President Obama. This Affordable Care Act provision was repealed because it was a low government priority and because business objected to it. Rules explaining the provision were never issued and it never took […]
By Sharon McKnight, CCP, SPHR Recognition programs award employees for past behavior rather than drive future behavior and, as a general rule, have no predetermined goals or performance levels that employees are required to achieve. Also, they’re usually budgeted at the organizational level instead of being budgeted by individual departments and focus more on recognizing […]
Telecommuting is quickly growing as a viable means to improve flexibility for employees while reducing costs for employers. If your business opts to allow it, it’s important to think through how best to implement it to ensure the success of the program. Here are some best practices to consider when implementing a telecommuting program in […]
By Jeff Corbin, CEO and Founder, theEMPLOYEEapp In Fortune’s most recent 100 Best Companies to Work For list, it was determined that one of the most significant trends among the companies making the cut was a superior culture that each company creates for its employees. Given what we know about the current state of employees […]