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 Employee Retirement Income Security Act of 1974 (ERISA) generally requires private employers offering pension plans to adhere to a lengthy list of rules designed to ensure plan solvency and protect plan participants. Church plans, however, are exempt from those requirements.
The law on whether the time nonexempt employees spend traveling is compensable is confusing and often trips up employers. This article is designed to explain the rules and provide guidance on how to pay for a nonexempt employee’s travel time under federal law.
Summer is upon us, and you know what that means: soon 2018 planning will begin. Perhaps you’ve been considering providing employees with a total compensation statement. These can be a way of giving employees a more complete picture of the benefits you provide, which may lead them to appreciate you more as their employer. At […]
All the talk about stagnant wages may have employers thinking they can keep position salary ranges the same. Unfortunately, that thinking will make it difficult to hire and retain workers.
This week, the HR Daily Advisor’s editorial staff is attending SHRM’s 2017 Annual Conference & Exposition at the Earnest N. Morial Convention Center in New Orleans. Today I attended a session by Mykkah Herner, the Compensation Evangelist at Payscale, entitled Effective Incentive Plan Design. The focus of his talk was on variable pay plans and […]
If it becomes law, the American Health Care Act (AHCA), as passed by the U.S. House of Representatives, could cause an estimated 924,000 jobs to disappear by 2026 and trigger an economic downturn in nearly every state, according to a new report published by researchers at George Washington University’s Milken Institute School of Public Health […]
A brewery employee suffering from a medical condition was placed on additional work restrictions by his new treating physician. Accommodating the new restrictions put the employer in a position where it had to either invest in expensive equipment or let the employee walk.
Employers need to plan for more change affecting their compensation and benefit programs as competition for talent intensifies across global borders and the U.S. Congress continues to take steps toward healthcare reform.
The Centers for Medicare and Medicaid Services (CMS) is seeking input on how it can reduce the economic and regulatory burdens of the Affordable Care Act (ACA). The request for information (RFI), published June 12 in the Federal Register (82 Fed. Reg. 26885), calls for recommendations on streamlining the ACA’s regulation of the individual and small-group […]
Single-premium pension buyout sales as part of the “derisking” of defined benefit (DB) retirement plans for the first quarter rose 31% from the same period in 2016, totaling $1.4 billion—the highest first-quarter results in 15 years, according to the LIMRA Secure Retirement Institute.