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Compensation & Benefits

AARP seeks to revive fiduciary rule

05/01/2018
The Obama-era regulation would have required financial advisors to put their clients’ interests first when offering guidance on retirement plans.

Opioid addiction costs soar for employer-provided plans

05/01/2018
The annual cost of treating opioid addiction and overdose—stemming from both prescription and illicit use—has increased more than eight-fold since 2004, from $0.3 billion to $2.6 billion in 2016.

Genuine fear for safety may justify quitting

04/30/2018
If an employer reassures an applicant that she’s going to be working in a safe environment and that turns out to be incorrect, that worker may be justified in quitting.

3 questions about pregnancy leave in California

04/30/2018
What are California’s rules on pregnancy leave? … How should we handle pay while someone is out on pregnancy disability leave? … How to count pregnancy disability leave?

Study: Paid family leave plan could compromise Social Security

04/24/2018
A Republican-backed plan that would let employees borrow against future Social Security benefits to pay for family leave could wind up reducing their monthly retirement benefits by an average of 3%—and 10% for those with large families.

To improve engagement, detail total rewards

04/24/2018
Don’t wait for employees to bolt before you communicate exactly how much their pay and benefits are really worth. Regularly give employees clear statements that spell out exactly how much their compensation is worth.

Start planning now to stay ahead of tricky summer pay issues

04/19/2018
Before getting lost in daydreams about the lazy days of summer, start working with your colleagues in the payroll department to anticipate some of the headaches that accompany holidays and vacation time off.

The check’s in the mail—or the money’s already in the bank

04/19/2018
Can you steer employees to paycards instead of checks or direct deposit? Yes, but you can’t require them.

Company events still deductible, IRS clarifies

04/19/2018
The deductibility of costs incurred for company events, such as a Christmas party, is covered under tax code Sections 274(e)(1) and (e)(4), which the Tax Cuts and Jobs Act didn’t touch.

More employers paying staff to stay ‘fiscally fit’

04/19/2018
An increasing number of employers are giving money and other incentives to workers to encourage them to fund their emergency savings accounts, reduce their debt and attend financial education classes.