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Compensation & Benefits

Ensure loan repayment perks comply with law

08/04/2022
Repaying workers’ student loans is one of the most valued new perks. Those benefits are about to become even more valuable.

Less than half of HR took their allotted PTO

07/28/2022
New research from Qualtrics shows that, due to an increased workload, less than half (49%) of HR professionals took their allotted PTO time last year. But help is on the way.

Counter ‘Big Quit’ with counteroffer strategy

07/28/2022
Surprisingly, more than 90% of organizations don’t have a policy or strategy on how (or whether) to propose counteroffers, according to Tom McMullen, senior partner at consulting firm Korn Ferry.

Tell candidates about relocation incentives

07/28/2022
For decades, state governments have offered tax credits and other subsidies to lure employers to set up shop. It’s a relatively inexpensive way to diversify a state’s economy and create jobs. But recently, the changing nature of the labor market has forced states to switch gears.

Snapshot: We tend to retire sooner than we expected

07/26/2022
Americans consistently retire at younger ages than they planned to.

Average pregnancy costs $19K, C-sections more

07/26/2022
Health costs associated with pregnancy, childbirth and post-partum care average a total of $18,865 and the average out-of-pocket payments total $2,854 for women enrolled in large group plans, according to a July analysis by the Kaiser Family Foundation.

Tight labor market to drive higher pay in 2023

07/26/2022
Salary budgets for U.S. employees are projected to increase in 2023, mainly influenced by a labor market with more open jobs than people to fill them.

Consider trading telework for lower pay

07/26/2022
Asking employees to take a pay cut in exchange for the flexibility of working remotely could help you attract and retain workers while also reducing payroll costs. It’s a trend that is gathering steam according to a recent report by the National Bureau of Economic Research.

Biden’s White House will be first to pay its interns

07/19/2022
To determine if interns should be paid, the Department of Labor and the courts have used a primary-beneficiary test, which looks at who benefits most—the employer or the intern.

Friday wrap: The ghosts of pandemic relief rise again, DOL wants to know about long covid and more

07/15/2022
Payroll news you can use, from pandemic relief repayment to long covid—to working for the IRS!