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Compensation & Benefits

Survey: HR pros concerned about effects of inflation

07/14/2022
Inflation and its effect on employees and their organizations’ compensation strategies is a significant concern for 73% of HR professionals polled earlier this month by the Society for Human Resource Management.

Consistent participation key to retirement fund growth

07/13/2022
Remind employees that the recent stock market downturn isn’t a sign to curtail investing in their retirement funds. Smart investors take the long view, confident that markets rebound and lead to wealth growth.

More of your employees can now use Labor Department’s Timesheet App

07/05/2022
The U.S. Department of Labor’s Wage and Hour Division on June 30 launched an Android-compatible app to help employees track work hours, break time and overtime hours and calculate how much they should be paid.

Learn from Google’s $118 million pay-equity lesson

06/30/2022
Many employers regularly conduct equity studies to make sure their pay policies don’t discriminate based on gender, race or other protected characteristics. It’s considered a best practice to outsource those studies in order to blunt criticism that an internal review wasn’t thorough or accurate.

New overtime rules due in October, likely raising salary threshold to $50K

06/28/2022
According to the Biden administration’s regulatory agenda, released June 21, the DOL’s Wage and Hour Division plans to float a notice of proposed rulemaking concerning executive, administrative and professional exemptions from the Fair Labor Standards Act’s minimum wage and overtime requirements.

70% of retirees have regrets about retirement savings

06/28/2022
Seven out of 10 retirees wish they had saved more for retirement during their working years and would advise their younger selves to sock away more and seek expert financial advice, according to a new survey by the Employee Benefit Research Institute.

After Dobbs: OK, now what?

06/28/2022
In the wake of the Supreme Court’s Dobbs decision, employers considering covering employee travel to receive medical care have decisions to make about benefits.

More employers covering abortion travel costs

06/27/2022
In the wake of the U.S. Supreme Court’s June 24 landmark opinion in Dobbs v. Jackson Women’s Health—which overturned the 1973 Roe v. Wade decision that made abortion a constitutional right nationwide—dozens of large employers nationwide have announced plans to cover employees’ expenses if they need to travel to receive health care.

Tell bosses: Don’t pester teleworkers after hours

06/24/2022
If you have hourly employees working from home, make sure their supervisors understand their role in preventing surprise wage-and-hour claims.

State, local minimum wages set to increase on July 1

06/24/2022
Be prepared for these changes.