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.

Get the Right Benefits Guidance When Leaving Your PEO

Whether you were into Metallica, Nirvana or My Chemical Romance, you can be sure of one thing: your favorite high school band probably started in somebody’s garage. But they didn’t stay there. In fact, each of these bands and many others provided the soundtrack to their own generation of fans. They started small, emerged from […]

Attracting—and Signing—the Best Candidates Starts With the Right Compensation Program

By Stacey Hawley, The Credo Company Companies endeavor to hire the right candidates, with the right skills, right qualifications and right cultural fit, for their organizations. Finding the right candidates is critical. Recruitment is costly. Turnover is even more costly (typically two times the annual salary and benefits of a role).

IRS Clarifies Midyear Changes to ‘Safe Harbor’ 401(k) Plans

The IRS on Jan. 29 provided some long-awaited guidance on which midyear amendments to “safe harbor” 401(k) retirement plans it will allow — and which remain prohibited. The guidance, effective immediately, should put to rest years of confusion among practitioners over when they can adjust plans to reflect short-term changes without putting their plan’s qualification […]