Compensation & Benefits

Are retirement incentives in lieu of health benefits reportable?

12/16/2013

Question: Employees have three retirement incentives from which to choose: The company picks up their health benefit contributions for three years, they can take a lump-sum payment that equals our single premium rate for up to three years or they can keep their current health benefits and get a prorated cash payout. What’s reportable on their W-2s?

Where do we get health insurance?

12/13/2013

More than half of Americans are insured through an employer-provided health plan, according to a Kaiser Health Tracking Poll.

Wish list: 10 alternatives to Christmas cash

12/12/2013

Are you putting anything extra in employees’ stockings this holiday? While most employees say they’d prefer cash, padding paychecks isn’t the only way your organization can say “Happy Holidays!” Consider these wise alternatives:

USERRA

12/12/2013

HR Law 101: USERRA requires employers to re-employ persons returning from duty in the uniformed services if they meet five cirtieria. Employers must provide to service members a notice of their rights, benefits and obligations …

30 employers band together in surgical benefits consortium

12/11/2013

A group of more than 30 employers—including Boeing, Chevron, GE, Target and Wells Fargo—have formed the national Employers Center of Excellence Network to negotiate lower prices so they can offer hip and knee replacement surgeries at no cost to employees.

Is there anything special about issuing early W-2s?

12/11/2013

Question: An employee who was let go last month requested an early 2013 W-2. I know we have 30 days to comply with his request. What notation should we put on the form to show that it’s not an “official form”?

Memo to the Payroll Santa: Please make W-2s easy this year

12/09/2013

Holiday catalogs have been piling up on your entry hall table for quite some time now. So it must be getting down to W-2 crunch time for Payroll. Here’s the scoop on what you need to know to ensure a smooth W-2 process.

In the wake of the recession, where wages grew the most

12/06/2013

Washington, D.C., and Seattle top the list of metropolitan areas experiencing the highest annual wage growth since the recession ended. (The national average was $2,330.)

Strike down the hidden tyranny of pay for performance

12/05/2013

Rewarding your company’s star employees with the heftiest pay raises might not be enough to keep them from looking to jump ship if you expect them to take up the slack of associates who do the bare minimum.

You: Payroll’s elf on a shelf

12/04/2013

Since you don’t have an elf to take care of all the December year-end payroll details, you have to do it yourself. Here’s help getting started.