Category: Benefits and Compensation
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.
When buying appliances, electronics, or jewelry, 81% of consumers extensively research and compare prices and financing offers before making their choice. This approach is in stark contrast to how most consumers approach health care—arguably a much more important decision to make. More than half of U.S. workers spend less than 30 minutes signing up for […]
It’s not the fact that you lack an in-office foosball table or smoothie bar—your Millennial applicants may be giving you a pass due to something far more basic: lackluster insurance offerings.
A new CareerBuilder survey finds that 56% of the nation’s workforce believe they are overweight, and 45% believe they’ve gained weight at their present job, on par with last year. Twenty-five percent of all workers said they gained more than 10 pounds at their current job; one in 10 (10%) gained more than 20 pounds.
A U.S. Department of Labor (DOL) investigation of an employer-sponsored retirement plan may originate in a variety of ways.
Wearable devices like activity trackers have shown the potential to enhance employee participation in wellness programs, but getting the most out of a device requires more than simply asking employees to use it, a recent study found.
The Internal Revenue Service (IRS) is seeking to discourage arrangements in which employees can obtain large wellness incentive payments in exchange for a relatively minor after-tax contribution. Contrary to their promoters’ claims, these setups cannot enable employers to finance wellness incentives solely by reducing their employment tax liability, the IRS warned.
The Pension Benefit Guaranty Corporation (PBGC) in early May clarified guidance issued in late 2016 about its Early Warning Program (EWP), explaining that the program had not been expanded and such a review for an employer’s defined benefit (DB) retirement plan would not be triggered solely by a change in credit quality.
Compensation data that employers may have to provide the federal government next year will not help combat pay discrimination as intended, according to the nation’s largest business group.
The Centers for Medicare & Medicaid Services (CMS) has announced a plan to change the way that small businesses enroll in insurance coverage through the federal exchanges.
In Missouri, it has long been settled that for a contract to be valid and enforceable, the essential terms must be definite and mutually agreed upon by both contracting parties. Without certainty in the crucial terms, there can be no mutual understanding between the parties and, therefore, no valid contract. However, a recent decision from […]