Practical HR Tips, News & Advice. Updated Daily.
Buried in the January 22 passage of legislation to re-open the federal government was a welcome bit of news for employers: The effective date of the wildly unpopular “Cadillac Tax” has been pushed back yet again. It is now set to take effect in 2022 rather than 2020 (the original implementation date was January 1, […]
According to job site Glassdoor, the annual median base pay in the United States grew 1.1 percent year over year (YOY) in December 2017 to $51,210. Glassdoor Local Pay Reports show pay growth ticked up slightly from a revised 1.0 percent growth last month. Pay growth peaked in January 2017 at a revised 3.5 percent.
In recent years, more and more employers have implemented wellness programs—employee participation programs that may include wellness education, health or fitness challenges, and even limited medical testing and preventive care requirements—to promote and encourage employee health and wellbeing. Through these programs, they hope to create a healthier workforce and reduce insurance costs.
Paid “safe time” refers to paid time off used specifically to deal with issues related to domestic abuse. While many employers offer some form of paid time off, not all employers have specific PTO days allotted to deal with domestic abuse. This can be a critical distinction, as it allows victims in these situations to […]
In yesterday’s Advisor, we outlined some of the perceived risks involved for employers who opt to hire ex-convicts. Today, we’re going to be taking a look at some of the potential benefits.
It’s been heralded as the most attractive benefit – and the implication is that if your company were to offer it, you would have job seekers lining up at your door. But is student loan assistance a.k.a. student loan repayment really the next greatest thing?
DB plan sponsors should be aware that while the 2017 calendar year is behind us, they can still generally contribute for the 2017 plan year until September 15, 2108, assuming they operate on a calendar-year plan year.
The Internal Revenue Service (IRS) has released Notice 1036, updating the income-tax withholding tables for 2018. The new tables reflect changes made by the tax reform legislation enacted last month. The updated withholding information shows the new rates for employers to use during 2018.
A recent survey by professional services firm PwC, in partnership with the London School of Economics, finds a significant intergenerational difference of opinion when it comes to fair pay and what constitutes ethical behavior around pay, with the younger population wanting stronger protection for the less well-off, compared to the older generation who are more […]
On October 3, 2017, the Internal Revenue Service (IRS) released Notice 2017-60, finally acknowledging that new mortality assumptions would be required for 2018 in the determination of minimum contributions and, by association, Pension Benefit Guaranty Corporation (PBGC) premiums. (See New IRS Mortality Tables for 2018 Bring Host of Concerns for DB Plan Sponsors.)