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.
If domestic partners are unmarried opposite sex but declared as a dependent on IRS tax return, is the cost of the health benefit considered taxable income to the employee? Can domestic partners use a joint HSA account?
Some shoppers heading to the malls on Black Friday for deals on electronics and toys encountered a surprising presence—representatives from the Department of Health and Human Services (HHS) ready to educate them about their health insurance options.
The period between Thanksgiving and New Year’s is full of joy and celebration. But from stress and germs to distraction and overindulgence, it’s also fraught with hazards that can leave your employees ill, injured, or dispirited.
The U.S. Government Accountability Office (GAO) recently released a report on the state of the states’ information technology (IT) projects supporting health insurance marketplaces. It appears that there’s still a ways to go before everything is fully up and running.
By Michael Jordan, MagnaCare Self-insurance has become an essential cost-control strategy for a number of large plan sponsors. Today, a growing number of small and midsize plan sponsors also recognize the opportunity to rein in staggering health coverage costs by switching from a fully funded plan to a self-insured plan.
Employers will have two more years in which to respond to an Affordable Care Act tax on high-cost health plans, which was due to take effect in 2018. On Dec. 18, President Obama signed an omnibus spending package that includes a two-year delay of the Cadillac tax and also reversed the tax’s non-deductible status. The […]
The first of what is expected to be a series of interest rate increases by the U.S. Federal Reserve on Dec. 16 should start to help defined benefit retirement plans recover from years of underfunding, Moody’s Investor Service said in a report Dec. 14. Pension funding levels for about 670 rated U.S. non-financial corporate pension […]
Yesterday’s Advisor provided some holiday wellness tips to keep your employees happy, healthy, and safe during the chaotic weeks of the holiday season. Today, we share a few more tips for our readers.
I am preparing an offer letter for an exempt position who is working at 80%. Can you let me know if this language is OK?: “In this exempt position, you will be working at a reduced capacity of 80% and your compensation will be $XXX,000.00 annually, payable bi-weekly.”
CEOs of privately held companies received a median total compensation package of $360,000 in 2014, including base salary, bonus, benefits, new equity grants, and equity gains, and expect total cash compensation to increase 3.1% this year, according to Chief Executive Research’s latest CEO and Senior Executive Compensation Report for Private Companies.