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.
Over the weekend, I watched a movie with my wife. I won’t say which movie because my guy friends will make fun of me. But in my defense, this past weekend included Valentine’s Day. Anyway, the movie talked a lot about fate and destiny and got me thinking about how much of what happens to […]
Small employers and certain other plan sponsors can continue to reimburse individual premiums until July 1, without the threat of extreme penalties for offering coverage that does not comply with Affordable Care Act insurance mandates, under new guidance from the Internal Revenue Service. IRS Notice 2015-17 reiterates IRS’ previous warning, in Notice 2013-54, that giving employees […]
In yesterday’s Advisor, we announced findings from BLR’s Termination and Exit Interviews Survey. Today, more results from our study, including information regarding best practices and what’s happening with severance pay.
Unfortunately, you can’t retain all employees … termination and turnover are going to happen. The 2014 Termination and Exit Interviews Survey examined how HR pros are handling these challenges. Let’s see how you compare!
In yesterday’s Advisor, we explored five dangers of big data; today, we present distribution dangers, stratification problems, and more.
Big data—it’s touted as HR’s new source for actionable information. In fact, big data analysis does produce some fascinating results. But beware, there are a lot of dangers of big data.
Qualifying lifetime annuity contracts in July 2014 became another option for defined contribution plan sponsors to offer to assist with retirement income security when the U.S. Treasury Department and IRS issued final regulations allowing them. Now, plan sponsors and participants near retirement age face some confusing choices when considering whether QLACs are right for their […]
A bill to restore parity between mass transit and qualified parking benefits will be introduced in the U.S. House of Representatives by Del. Eleanor Holmes Norton, D-D.C., she announced Feb. 10. The limits, dictated by tax Code Section 132, have been unequal since that part of the tax Code was written, although Congress several times […]
The federal government lowered the rates used by employers to calculate how much to add to the taxable wages of employees who use a corporate jet for non-business use, for the first half of 2015. The rates — known as the standard industry fare level, or SIFL rates — get an inflation adjustment every six […]
If you are like me and are interested in politics, you know Ronald Reagan was considered the “Great Communicator.” His effectiveness as a communicator was often credited to his career in radio, television, and movies. His detractors often said of his oratory skills, “He’s just up there acting.” But to me, Reagan’s effectiveness as a […]