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Compensation & Benefits

Help employees achieve financial health

10/04/2022
With inflation at a 40-year high, market volatility and lingering pandemic aftershocks, now is a perfect time for HR leaders to help workers achieve long-term financial security.

DOL proposes revision to form regarding contractor status

10/04/2022
The U.S. Department of Labor announced a proposed revision to its Office of Labor-Management Standards’ Form LM-10. The change would require certain employers already required to file Form LM-10s to report their status as a federal contractor or subcontractor.

How secure is your 401(k) plan?

10/03/2022
We think cyber/cloud/computer security is an everyday concern because bad things usually happen when it’s not. The IRS is so concerned about security, it’s highlighting it all this month in what it declares Cybersecurity Awareness Month.

Last Friday in September: Possible monkey wrench for student loan forgiveness, higher per diems and more

09/30/2022
Two lawsuits have against student loan forgiveness, high-low per diem rates for 2023 and more.

2023 might be a banner year for pay raises

09/29/2022
As Americans try to cope with the highest inflation rate in 40 years, employers plan to offer their workers an annual raise of 4%, according to a recent survey by Salary.com.

About time: Bill for truckers makes progress

09/29/2022
A new bill, Guaranteeing Overtime for Truckers Act, would eliminate the overtime exemption of the FLSA and have truckers beeping their horns in celebration.

DOL awards back pay to hotel employee fired for reporting tip-related allegation

09/29/2022
When a hotel employee complained about the franchise operator’s pay practices, she was fired two days later. But the story didn’t end there.

Oops: Honda overpays bonuses, employees need to return the cash

09/29/2022
Imagine being a worker at the Honda plant in Marysville, Ohio, where some employees were overpaid bonuses, then asked to return the extra cash. This could easily turn into an HR and Payroll nightmare for any company that finds itself in this situation.

Great Resignation equals great time to create a compensation strategy

09/29/2022
Low pay is the top reason employees are leaving companies in record numbers, according to a 2021 Pew Research Center survey. But close behind is the lack of opportunities for advancement. What if you could implement a compensation strategy to address both issues? It’s a win-win.

Paying attention to attendance policies

09/29/2022
Assuring that workers show up for their scheduled shifts is crucial. one popular way is through a no-fault attendance policy that punishes unplanned absences beyond those protected by the FMLA, the ADA and the company’s vacation and sick time policies. But such policies can backfire.