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.
Many organizations offer wellness and well-being programs to retain and engage employees. New research shows that 7 out of 10 organizations offer these programs. That research, conducted by Brandon Hall Group, looks at how they are used.
According to a recent report by Kimble Applications, quite a few employees in the United States did not take all of their allotted vacation time. Today we are joined by Kimble Application’s Mark Robinson to discuss the findings. Finally, scroll down to check out an infographic with the results.
Yesterday we began to explore some of the changes that the Bipartisan Budget Act of 2018 has made to the Tax Cuts and Jobs Act, and what it all means. Today we will continue to explore the topic, including the definition of compensation and hardship distributions.
When the Tax Cuts and Jobs Act (TCJA) was signed into law December 22, 2017, several proposed changes to the federal tax code that would have affected tax-qualified retirement plans were dropped. However, some of those changes were brought back as part of the Bipartisan Budget Act of 2018 enacted in early February of this […]
Imagine you had two extra hours today to spend however you pleased. What would you do with that time? Play with your kids? Work out at the gym? Sleep? For many of the nurses in a recent Swedish study, the answer was all of the above. The 23-month experiment followed 68 nurses who were divided […]
Despite the shift toward a more flexible workplace, a new survey finds a majority of U.S. employees prefers going to the office.
More and more companies are adding workplace financial wellness programs – and for good reason. Employees who aren’t worrying about financial problems on the job tend to be more focused, productive workers. A new survey says 83% of employers now offer financial wellness programs (up 20% from two years ago), and 14% plan on offering […]
The Department of Labor (DOL)’s latest pronouncement on factoring in environmental, social, and governance (ESG) elements when making retirement plan investments was interpreted by many in the industry as another in a series of presidential administration swings on the extent to which plan fiduciaries can consider collateral benefits beyond investment returns.
Organizations continue to focus on helping employees improve their overall well-being, which in turn can positively impact productivity and costs. The key to realizing the value of this focus is an engaged population, yet despite best intentions and large investments, many employers still face low benefits utilization.
Ensuring that an employer’s 401(k) plan is being administered in accordance with its terms and applicable law is a fundamental fiduciary responsibility. This includes complying with the Internal Revenue Code, the Employee Retirement Income Security Act (ERISA), and the regulations under both.