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Compensation & Benefits

HSA distributions hit an all-time low last year

10/28/2021
The cause: the pandemic, of course.

Employment law: What’s out, what’s in revised reconciliation bill

10/28/2021
The Build Back Better budget reconciliation legislation that has languished in Congress for months has been scaled back to make it more affordable. Some employment-related initiatives have been tweaked, while others remain part of the package.

Biz interruption insurance: Can it cover pandemic losses?

10/28/2021
So far, the answer from the courts is a resounding “no.”

Amazon’s leave fiasco could trigger worker skepticism

10/28/2021
Amazon got lots of public heat last week after a New York Times report detailed major glitches in the company’s handling of employees’ paid and unpaid leave. The result: Paycheck errors shortchanged workers at nearly 180 Amazon locations for years.

Employees want raises soon, or else they’ll jump ship

10/26/2021
Workers believe pay raises are overdue and they want one soon, according to research by the Robert Half employment firm. Its 2022 Salary Guide concludes employers will have to pay more if they want to keep their best workers from seeking new jobs elsewhere.

Pay transparency a hallmark of employer fairness

10/26/2021
Transparency around compensation is a key driver of employees’ perception that they work for an organization that is fair, according to new research by the Society for Human Resource Management.

Boost benefits to convince hourly workers to stay

10/26/2021
A Mercer survey found that comprehensive health and mental health insurance benefits are key to retaining low-level workers. Also valued: dental and vision coverage, access to gyms and attention to work/life balance.

Most employers won’t base teleworkers’ pay on location

10/21/2021
More than two-thirds (69%) of employers say they don’t plan to offer reduced pay for remote workers who live in lower-cost cities, says a new Payscale survey.

Snapshot: 49% of workers feel they are underpaid

10/19/2021
Discontent about compensation is widespread among employees of all ages.

Millennial employees seek new benefits this fall

10/12/2021
Nearly two-thirds of millennials surveyed for a new MetLife report say this year’s open enrollment is more important than last year’s, and two in three say they plan to elect new benefits this year, compared to about one in three baby boomers.