Recognition & Rewards

Cash is still king for performance incentives

06/26/2018

Short-term, cash incentives continue to dominate the incentive-pay landscape among American employers, according to new research released last month by the WorldatWork total rewards association.

More employers offering promotions without raises

06/19/2018

Nearly two in five HR managers (39%) said it’s common for their company to offer employees promotions without salary increases. That’s a 17-point jump from a similar 2011 survey.

Employees remain in the dark about benefits

05/08/2018

Only 52% of employees say they understand their health benefits, according to a new survey by the Employee Benefit Research Institute.

To improve engagement, detail total rewards

04/24/2018

Don’t wait for employees to bolt before you communicate exactly how much their pay and benefits are really worth. Regularly give employees clear statements that spell out exactly how much their compensation is worth.

Company events still deductible, IRS clarifies

04/19/2018

The deductibility of costs incurred for company events, such as a Christmas party, is covered under tax code Sections 274(e)(1) and (e)(4), which the Tax Cuts and Jobs Act didn’t touch.

More employers paying staff to stay ‘fiscally fit’

04/19/2018

An increasing number of employers are giving money and other incentives to workers to encourage them to fund their emergency savings accounts, reduce their debt and attend financial education classes.

Blasé millennials require a different mix of employee benefits

03/13/2018

Millennial employees grew used to taking “just for now” jobs with little hope of long-term stability. Their experience should inform your benefits strategy.

Bonuses or pay raises: Which works best?

02/22/2018

In December, some high-profile businesses announced they planned to give bonuses to their employees. Other companies said they would raise the minimum wage entry-level employees receive, with corresponding increases for higher-paid staff. Both strategies recognize a tightening job market. Which one is right for your organization?

Tax reform fueling changes to benefits and comp programs

02/21/2018

Tax reform legislation enacted late last year is already fueling changes to corporate America’s employee compensation and benefits programs, according to a new survey by the Willis Towers Watson consulting firm.

Do gift cards count as employee income?

01/02/2018

Q. We gave our employees gift cards as holiday gifts. Must these gift cards be reported as taxable income?