Compensation & Benefits

Voters deliver mixed messages on state wage hikes

11/18/2024

On Nov. 5, voters in Alaska and Missouri approved ballot measures calling for higher minimum wages. Here’s what will happen in those states.

3 more states mandate paid sick leave

11/18/2024

Voters in Alaska, Missouri and Nebraska on Nov. 5 overwhelmingly approved ballot measures requiring employers to provide paid sick leave. Those states will join 15 others and the District of Columbia that already mandate paid sick leave.

Building a unique benefits package for your employees

11/13/2024

When employee benefits advisor Patrick Morrison addressed the 2024 HR Specialist Summit audience, he didn’t start with health-care plans or 401(k) matches. Instead, he posed a deceptively simple question: “What do you consider employee benefits?” It’s a question that challenges HR professionals to expand their definition beyond traditional offerings.

Cover costs when employees use their own cars for business

11/11/2024

If your employees use their personal vehicles to conduct business on your behalf, here’s a warning: If you don’t reimburse them for the associated costs, you could be liable for violations of the Fair Labor Standards Act.

Employer-sponsored health premiums rose 7% in 2024

11/11/2024

Family premiums for employer-sponsored health insurance rose 7% this year to reach an average of $25,572 annually, KFF’s 2024 benchmark Employer Health Survey finds. On average, employers contributed $19,276 to family-coverage premiums, while workers contributed $6,296.

Prepare for questions on Trump’s HR-related promises

11/08/2024

After President-elect Trump takes office on Jan. 20, 2025, expect a flurry of new policy proposals affecting HR and employment law—and efforts to roll back many of the Biden administration’s policies.

Happy holidays! 8 essential rules for seasonal pay and hiring

11/08/2024

Questions regarding overtime, holiday pay and seasonal hiring often arise this time of year. Here are the eight simple rules you need to know to make this holiday season run smoothly.

IRS announces 2025 401(k) contribution limits, other pension plan limitations

11/04/2024

The IRS has finally released the 2025 inflation adjustments to 401(k) plans, as well as adjustments to other popular benefits.

Employees satisfied with benefits, would like help with financial wellness

11/04/2024

Half of employees surveyed expressed at least moderate concern about their financial well-being. Three-quarters of workers said their current level of debt is a problem.

December 2024: Employer’s business tax calendar

10/31/2024

Here’s your monthly guide to critical payroll due dates.