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.
2017 saw job satisfaction among U.S. employees fall. However, the American workforce might be out of its funk! According to new research, there is strong evidence that both workers and their employers have renewed feelings of workplace optimism and satisfaction.
The Internal Revenue Service (IRS) updated its special per diem rates for the transportation industry, incidental expenses and the “high-low” substantiation method. These rates, announced September 26 in Notice 2018-77, apply to allowances paid to employees on or after October 1 for travel on or after that date.
Payscale released their Q3 2018 PayScale Index yesterday. The aim of the research is to identify and track quarterly and annual compensation trends (as well as forecast the next quarter).
A recent survey of 1,000 office workers by Adler Business Gifts found that 97% of employees expect company perks as part of their employment package. We all know how much recruitment can cost, so retaining your staff is more important than ever. If your business isn’t already offering a benefits package alongside your basic salary, […]
The Internal Revenue Service (IRS) in late September announced two updates to procedures that plan sponsors and their service providers should note.
A struggle many employers face is deriving the most value from their benefits investments and encouraging employee participation in company health and wellness programs. At a fundamental level, most employers offer similar benefits and, when put side by side, they can often add up to as many as 67 individual services or programs for employees […]
According to a Nielsen study parsed by CNN, American adults spend nearly 11 hours a day on average staring at a screen, and most of that screen time occurs while they’re at work. And yes, this can cause many problems for employees, their health and wellness, and their overall work performance. Continue reading to learn […]
We recently reported that employer-sponsored 401(k) plans with above-average performance criteria are likely to be offered by companies that have 20-percent to 80-percent higher corporate profitability than companies with average-rated plans. This was all according to new T. Rowe Price research. Today we have new analysis of that report by our Benefits Editor, Jane Meacham.
More companies are quickly realizing that candidates and employees, alike, are looking for a better work/life balance. One way to do this is by offering flexible schedules and according to one survey, flexible scheduling leads to more productive workers. A win-win for all!
While wages remain the primary factor for most employees in determining whether to stay at their current job or look elsewhere for employment opportunities, other factors strongly impact employee satisfaction as well. Flexible hours, vacation time, and company culture can all impact an employer’s desirability in the minds of employees and potential employees.