Practical HR Tips, News & Advice. Updated Daily.
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.
The United States is still one of the only developed nations that doesn’t federally mandate some sort of paternity leave for new fathers or domestic partners. And where new fathers or domestic partners are eligible for paternity leave, it’s usually only available for around 2 weeks and doesn’t provide eligible employees with their full rate […]
Yesterday we took a look at Internal Revenue Service (IRS) guidance on how to change interest crediting rates in a cash balance (CB) plan. Today we’ll look at the two approaches that the IRS has discussed to address a change in the interest crediting rate.
The Internal Revenue Service (IRS) issued guidance recently on how to change interest crediting rates in a cash balance (CB) plan. The Issue Snapshot posted on the IRS website on May 31 analyzes some of the implications of amending a CB plan to actually or potentially decrease the interest crediting rate.
Here are some additional best practices to adopt or apply if you want your EAP to remain effective—continued from yesterday’s post.
Did you know that nearly 80% of employers offer employee assistance programs (EAPs) now? And as even more employers begin to adopt them, it’s becoming even more critical that your EAP is effective and yields real-world results so that you can continue to attract and retain top talent. Keep reading to learn more about EAPs […]
We’ve said it many times, and we’ll say it again: Company culture is a main staple in the recruiting process. In order to attract the talent you want, you have to make the talent want you, and one way to do this is to have a culture that candidates are searching for.
Continuing from yesterday’s post, here’s more valuable information you’ll want to consider when developing and implementing a financial wellness training program.
With Millennials making up the largest generation of workers, employers must adapt to meet Millennials’ needs in order to attract this group of workers to their companies, say the findings of a new survey report released by Udemy, an online learning platform.
In the war for talent, only the employer with the strongest benefits offerings will survive. Does your company have what it takes to attract great talent based on your current benefits packages?
According to PwC’s 2017 Employee Financial Wellness Survey, 53% of full-time employed adults said that they are stressed about their finances. And nearly one in three employees who were surveyed also claimed that they have been distracted at work on a regular basis because of their personal financial issues—they report spending at least 3 hours […]