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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.
My dictionary defines ‘fad‘ as a temporary fashion, manner, or conduct followed enthusiastically by a group. My life experience tells me that fads come and go—and some fads come back. Not convinced? Remember skinny-leg jeans? They’re back. Actually, they’ve been back for quite a while. Some would say they never went out of fashion but […]
Our business is being acquired and our employees will become eligible for the acquiring company’s benefit plans. What are we required to do in order to terminate our benefit plans including our cafeteria plan? Do we need to file anything or provide official communication to employees?
A new study from financial education and counseling company Financial Finesse highlights the practical implications of the greater retirement savings shortfalls female employees face for numerous reasons, which result in a gender-based financial “confidence gap.” However, the study also shows that women are more likely than men to utilize retirement-planning services offered by employers.
By Benjamin J. Conley, JD Late last year, the Internal Revenue Service (IRS), U.S. Department of Labor (DOL), and the U.S. Department of Health and Human Services (HHS) issued IRS Notice 2015-87, a series of 26 frequently asked questions (FAQs) addressing a range of unanswered questions under the Affordable Care Act’s (ACA’s) employer mandate and […]
Results of Addison Group’s annual survey spotlight what really matters to employees when it comes to perks. While Silicon Valley may have proliferated the “startup culture” of bottomless coffee, game rooms, napping pods, and other extravagant benefits, respondents seemed to choose the “old standards” as their preferred benefits.
by Danna Korn Many companies are turning to wellness programs to boost employee engagement, and wearable technology is helping the initiative. For more information on wearables, we present an article by Danna Korn, cofounder and CEO (Chief Energizing Officer) of Sonic Boom Wellness, a software company specializing in fun, innovative corporate wellness programs that improve […]
By Kevin J. Skelly, JD The U.S. District Court for the District of New Jersey recently heard a former employee’s claim that he wasn’t paid for unused vacation and sick time. This case highlights a common issue faced by many employers.
A new survey that reveals that compensation in the medical C-Suite rose steadily throughout 2015, also found the compensation increases may be attributed to greater demand and expanding responsibilities for these roles within healthcare organizations.
We are looking to redesign our sales commission plan and are wondering if the following is legal? Ex: Commission for Q4 sales is paid out at the beginning of Q2 – While the sales person made their Q4 quota, they didn’t make their Q1 quota. Therefore, the commission they would have received beginning of Q2 […]
By Linda Itskovitz, GuideSpark Today’s hot job market means that companies must find effective methods to entice talented individuals to join their company or risk losing top talent to a competitor. More than ever before, tried-and-true equity compensation programs are proving to be a valuable tool to attract and engage new prospects and employees.