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 Pension Benefit Guaranty Corporation (PBGC) has released a statement on the reorganization plan of Avaya, a multinational communications solutions company. The plan includes a proposal to maintain its pension plan for hourly employees but end its pension plan for salaried employees.
As the population ages, more and more employees are finding themselves part of what is often called the “sandwich generation.” This group, unlike the traditional generations, is not defined by what year you were born but rather by a stage of life—the stage in which you find yourself sandwiched between caregiving responsibilities for both dependents […]
When considering what training to provide to employees, usually the focus is on employee development. But one area more and more employers are considering is how to ensure employees are able to react appropriately if a medical emergency occurs on the job.
In yesterday’s Advisor, Alan Kohll, founder and president of corporate health and wellness service provider TotalWellness®, discussed the rising influence of wellness programs and some ways to improve these programs at your company. Today, Kohll shares more on how to redefine wellness to make initiatives appealing to workers.
Transparency is a corporate value to strive for, but not all companies are ready to be completely transparent about pay. While some employers feel the benefits of open salary policies outweigh the risks, others are understandably concerned about the potential challenges they can create.
Wellness initiatives are on the rise, but it can be a challenge to craft a program that will actually engage employees. To help, we present an article by Alan Kohll, founder and president of corporate health and wellness service provider TotalWellness®, with ways you can improve wellness programs at your company in the coming year.
The insurance program for multiemployer pension plans, which covers more than 10 million Americans, is likely to run out of money by the end of 2025, according to the Pension Benefit Guaranty Corporation’s FY 2016 Projections Report and a recent PBCG press release.
The apparent demise of a full-scale Affordable Care Act (ACA) repeal may be followed by more incremental efforts to tweak ACA requirements. For now, however, the lack of dramatic changes means that some employers may need to refocus on the reporting and other requirements of the law.
The U.S. Labor Secretary on August 9 disclosed in a short court filing that the Department of Labor (DOL) has submitted to the federal Office of Management and Budget (OMB) requests to amend three key aspects of the agency’s fiduciary rule and postpone its applicability to July 1, 2019.
As the U.S. unemployment rate has dropped, the battle to recruit and retain top talent has intensified. Accordingly, employers are turning to benefits as a way to differentiate themselves from the competition.