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.
Open enrollment is an opportune time to educate employees on the traditional and voluntary benefits available to them, and a recent survey suggests that this type of education is needed.
The Pension Benefit Guaranty Corporation (PBGC) has reached an agreement with Alcoa Inc. to provide an additional $150 million in pension contributions to the company’s two largest pension plans, which cover more than 83,000 people.
Millennials now represent the largest segment of the U.S. labor force, and they have strong feelings about the compensation and other benefits they expect their employers to offer.
More than half of employers provide employees with premium pay when they work holidays, a recent Society for Human Resource Management (SHRM) survey found.
As the U.S. Department of Labor’s (DOL) benefits portfolio has swollen with the implementation of healthcare reform, wellness rules, and other mandates, the agency’s health plan audits have become more frequent, comprehensive, and fraught with pitfalls for plan sponsors and fiduciaries.
Remember those old Reese’s peanut butter cup commercials? Chocolate and peanut butter … two great tastes that taste great together.
The maximum wage base for Social Security tax will be $127,200 in 2017, up from $118,500 in 2016, the U.S. Social Security Administration (SSA) announced October 18.
The digital age is upon us! And it seems almost anything we come into contact with these days has a digital component to it. Yet, while we’re busy scrolling our social media feeds, shopping online, and livestreaming videos, we never stop to think about the people behind the scenes. A new report released by Paysa—a […]
Question: We are currently evaluating a number of exempt positions with our company in respect to forthcoming FLSA overtime exemption changes. Their salaries range below the new salary threshold and above (all depends on tenure and experience). We are looking at bumping everyone to the minimum amount. How are most companies handling the individuals who […]
Prescription drug benefit cost trends for active populations continue to increase at double-digit rates, according to forecasts by The Segal Group, a private consulting firm.