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.
By The Young Entrepreneur Council There isn’t any one reason an employee should get a raise. Factors like company success, starting salary, and recent accomplishments all play a role. That’s why we asked 10 entrepreneurs the following question: “What method or process do you use to determine employee pay raises?” (Source: Small Business Trends) Click […]
The idea of raising low wage earners’ pay to provide them with a livable wage is a viable concept, if handled in an effective manner. Unless pay at higher levels of the organization is also adjusted up, increasing only the lower pay levels compresses some of the higher levels into what essentially becomes a new […]
Effective employee compensation plans can set the stage for effective recruiting as well as employee retention. This is because the employee compensation plan should articulate a distinctive value proposition that will inspire and guide the team in the right direction. “Properly developed, this makes a powerful statement internally to your employees as well as externally […]
The U.S. House of Representatives in a voice vote on Sept. 28 unanimously approved H.R. 1624, the Protecting Affordable Coverage for Employees Act, which would redefine small employer as having 50 or fewer employees and give states the option of expanding the definition to include employers with up to 100 employees. The previous definition had been groups […]
The Health Insurance Portability and Accountability Act (HIPAA) imposes requirements to protect and help consumers maintain both their health insurance and their privacy. Some of the main provisions include:
While Title VII of the Civil Rights Act already prohibits gender-based discrimination, including pay discrimination, there was an unfortunate problem created by a court interpretation back in 2007. Namely, the courts decided that the original pay decision was what started the statute of limitations to bring a claim—not the ongoing unfair pay. This all came […]
Information reporting of minimum essential coverage under the Affordable Care Act is like being stuck between a rock and a hard place. On the one hand, insurers and many employer plan sponsors must keep records about their coverage and lives covered for every month of 2015. Details include Social Security numbers (for self-insured plans) and […]
Contrary to popular belief, work-life balance and work flexibility issues aren’t primarily women’s issues. In fact, in some cases it is men who use work-life benefits more frequently and are more likely to say that their work is interrupted for personal or family reasons. Click here to read more.
Can we ask an employee to pay their monthly portion for their health insurance while they are on disability? Thank you for your inquiry regarding employee health benefits while the employee is out on leave for a disability. The term “on disability” is a broad one that may encompass a variety of leave scenarios. For […]
Limeade, an employee health and wellness platform, has announced the winners of its 2015 Limelight Awards. The annual awards recognize employers who are leading the industry in employee wellness strategy with engaging programs that inspire change. Click here to read more.