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.
In a recent episode of HR Works Podcast, LinkedIn Vice President of Talent Solutions Mark Lobosco sat down to discuss the latest LinkedIn research report, “Global Talent Trends 2019.” In the episode, Lobosco offered insight into the research, as well as information for handling the skills gap and talent shortage.
The Employee Retirement Income Security Act (ERISA) requires that every employer maintain sufficient records for each employee to be able to determine the benefits due to the employees now or in the future. The plan sponsor has responsibility for retaining retirement plan records even when a third-party administrator (TPA) is hired to provide recordkeeping and […]
Two factors have been merging during the last few years to drive companies to bend over backwards in order to attract and retain top talent.
By the year 2025, it’s estimated that Millennials will make up roughly 75% of the American workforce. This means that HR professionals, business owners, hiring managers, and anyone else involved in the recruitment process needs to have a solid understanding of this demographic if they hope to compete in the market.
By the year 2025, it’s estimated that Millennials will make up roughly 75% of the American workforce. This means that HR professionals, business owners, hiring managers, and anyone else involved in the recruitment process needs to have a solid understanding of this demographic if they hope to compete in the market.
Earlier this year, the U.S. House passed the Paycheck Fairness Act to further the cause of gender wage parity. Now, I’m not against government regulation, but I’m skeptical of change that’s enforced from the top down because lawmakers can’t mandate corporate buy-in. In my experience, businesses do best when solutions come from the bottom up.
According to a recent study, 27% of U.S. travelers are planning to volunteer on a trip this year. Volunteerism, thankfully, is becoming a stronger trend, and in the case of potential employees in the Millennial generation, who, as a group, highly value volunteerism, it’s important to recognize this need in a benefits program. In fact, companies […]
Tassels have been flipped, hats have been tossed, diplomas are in hand, and college graduates are ready to enter the “real world.” Do you have what it takes to attract these talented individuals to your company? Let’s find out!
The cannabis industry is becoming one of the fastest growing industries in the United States, which should come as no surprise given that 10 states—and Washington D.C.—have legalized recreational marijuana and 33 states have legalized medical marijuana.
The use of 401(k) plan loans in 2018 fell to a 9-year low of 22.5% of participants and continued a steady 6-year decline of nearly 10 percentage points, investment management firm T. Rowe Price said on May 1, drawing on data gathered from nearly 2 million participants for its annual benchmarking report.