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.

Lack of Salary Negotiations May Cost Jobseekers in the Long Run

When it comes to employee compensation and pay practices, a new survey finds that potential candidates aren’t negotiating salaries, and this is leaving a lot of money left on the table for future earnings. According to online employment marketplace ZipRecruiter®, the majority of jobseekers are not negotiating for more salary when starting a new job.

January 1, 2019, a Big Day for Oregon’s Equal Pay Act

Key parts of the Oregon Equal Pay Act of 2017 will become effective on January 1, 2019. Part of the law took effect in October 2017, and another section won’t take effect until 2024, but most of the law takes effect with the coming of 2019.

Return-to-Work Benefits Are Not One Size Fits All

Today, most companies are prioritizing benefits, such as flexibility and paid leave, as they become increasingly aware that their ability to attract and retain talent often hinges on company culture. But with so many organizations now offering employees these somewhat “standard” benefits—albeit important and appreciated—a common misconception can occur: If given enough maternity/paternity leave, new […]

The Best Health Benefits Will Keep the Best Employees in Your Ranks

With a tightening labor force and the unemployment rate at a mere 3.7%, employers are chasing the talent—not the other way around. Not only that, but it’s getting more difficult to keep the most capable workers around. Since 2015, there have been more job openings than new hires, which means unhappy employees have more opportunities […]

benefits

PBGC Single-Employer Program Shows Improvement; Multi-Employer Program Faces Insolvency

The balance sheet for the Pension Benefit Guaranty Corporation’s (PBGC) single-employer plan moved into the black in the latest fiscal year (FY) to continue a trend of better results, but the multiemployer plan remains in deficit and at risk of insolvency in as few as 7 years, according to the agency’s FY 2018 Annual Report.

training

Behavioral Intervention in the Workplace and its Benefits

Stress in the workplace is now a widespread epidemic. According to extensive research conducted by The American Institute of Stress, 40% of workers reported their job was “very” or “extremely” stressful, and 80% of workers feel stress on the job. And it costs U.S. businesses $190 billion in annual healthcare costs alone—$300 billion in total. […]