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.
Most employees think of compensation primarily in salary terms, but how aware are they of the total cost of their compensation package? And are employers properly communicating the value of benefits?
With the new year in full swing, many companies may be looking to fill recently allotted roles. Hiring competition is expected to be fierce among employers—just last November, the increase in new jobs added to the market was double the number of people entering the labor force each month.
Relocation assistance is something that not all employers offer but could be worthwhile to consider. Some employers think that the expense is too great to be justified, while others think that it opens many doors and allows them access to candidates they never would have otherwise found.
According to Deloitte research, the corporate wellness market is projected to be worth $11.3 billion by 2021, and two-thirds of organizations inside the United States already claim that well-being programs are a critical part of their employment brand and culture.
So much has been volatile for the American worker since the Great Recession—but one constant has been the size of annual merit increases. For many years, merit increase budgets have continued to hover just under 3%, despite an improving economy, low unemployment, tax reform savings, and fierce competition for talent. Employers face competing cost pressures: […]
According to Deloitte research, the corporate wellness market is projected to be worth $11.3 billion by 2021, and two-thirds of organizations inside the United States already claim that well-being programs are a critical part of their employment brand and culture.
Several troublesome issues faced by Employee Retirement Income Security Act of 1974 (ERISA) plan sponsors, service providers, and attorneys are likely to be resolved in court cases this year. These lawsuits, and the way they are settled, could potentially have widespread effects on plan participants and the retirement plan community for years to come.
We’re well into the start of calendar year 2019, and the to-do list to close out 2018 holds many tedious and time-consuming tasks. It is tempting to put off thinking about what may be coming in this new year.
Enticing jobseekers with competitive salaries and perks is a struggle many small businesses (SMB) owners are facing in the year ahead, finds a new study by Oasis Outsourcing, a professional employer organization.
While there are conflicting reports about what workers want from their employers—whether it’s more flexibility, better workplace perks, access to better health benefits—one thing remains clear: employee compensation is the key to attracting and retaining talent.