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401k

401(k) 101: A Benefit for Employers and Employees Alike

In this article, we’ll look at some of the key benefits 401(k)s provide to both employees and employers, as well as some important practical considerations. Many thanks to Arris Murphy, J.D., Contributing Editor to BLR’s The 401(k) Handbook, from which the material for this piece originated.

gender gap

Managing Pay Equity in the Workplace

Pay equity is getting more attention in the media, and as the public becomes more aware of the pay gap issue, employees are raising questions internally with employers, according to Joseph Beachboard and Lara de Leon of Ogletree, Deakins, Nash, Smoak & Stewart, P.C.   Some large companies have responded to the increased attention by publishing […]

Why Pet Insurance Is Gaining Popularity as an Employee Benefit

The open enrollment period for 2024 health insurance coverage has commenced, and employers are presented with a unique opportunity to enhance their benefits packages. While health insurance remains a cornerstone of these packages, a rapidly growing trend is emerging: the inclusion of pet insurance. The rise of pet insurance, one of the fastest-growing insurance segments […]

overtime

Prorating Nonexempt Employees’ Salaries: Tips for Employers

Many exempt employees are salaried, and many nonexempt employees are hourly. Sometimes, however, an employer may have salaried nonexempt employees. This article explains whether an employer may prorate the salary of a salaried nonexempt employee who works less than 40 hours in a workweek under the federal Fair Labor Standards Act (FLSA).

USERRA: What You Need to Know (Part 1 of 2)

When U.S. troops return from Iraq and other battlegrounds, USERRA guarantees their reemployment and benefits. Here’s what you need to know about this Act. Next week brings September and with it an expected major report on the war in Iraq by the commanding general of U.S. armed forces there. Many leaders have said this report […]

Innovation Inside and Out

By Craig Haydamack, SPHR If you want to systematically deliver innovations that culminate in an inflection point, you cannot ignore your foundation. Without a proper base, your highest hopes, years of work and millions of dollars can be reduced to a cloud of dirt and debris so fast you won’t know what happened. Like many […]

Where to Start with Your Job Descriptions? Use Our Questionnaire

In Yesterday’s Advisor, we covered the basic pitfalls in job description writing. Today, a handy job analysis questionnaire you can use, plus good news—there’s a checklist-based audit system for you to use to evaluate all your HR practices. Here’s a basic questionnaire that you can use to write new job descriptions (or to review existing […]

Remote

Key Management Skills for the Age of Remote Work

The COVID-19 pandemic has dramatically shifted the nature of daily work for millions of Americans. While working remotely was a privilege enjoyed by relatively few pre-pandemic, Gallup has reported that just over half of Americans were “always” working remotely in April 2020 during the height of COVID workplace restrictions. That proportion has fallen to about […]

High Salary + RIF = Age Discrimination Claim

By Robert P. Tinnin, Jr. Q As a result of the economic downturn, we must lay off approximately half of our workforce. In considering whom we should select, it occurs to me that we could save the most money by laying off higher-salaried, nonmanagement employees. However, our higher-salaried employees tend to have the most seniority […]