Tag: compensation

May 30, 2024

For many, merit increase season is coming to a close. Often, pay equity related increases are coordinated with the merit cycle. But reviewing pay equity after merit increases are finalized provides opportunities to: Counter any potential bias that might occur […]

May 23, 2024

In human resources, recognizing employee achievements extends far beyond the fleeting moment of applause—it is a pivotal element in bolstering employee engagement and morale over an extended period. This discourse aims to unravel the mechanisms through which sustained recognition endeavors […]

May 14, 2024

There’s no denying that all the upheaval over the last few years has had an outsized effect on the workforce. Among other things, employees weathered a worldwide health crisis and its resulting economic disruption along with the rise of artificial […]

April 25, 2024

The lifeline of any company is attracting and retaining top-notch talent. High-performing employees serve as the building blocks for setting the foundation for organizational success. In a competitive workforce with a limited talent pool, recruitment and retention strategies have become […]

January 17, 2024

Planning for retirement can be a daunting task, especially with the introduction of new regulations. The SECURE 2.0 Act of 2022, which goes into effect on January 1, 2024, is the latest major overhaul of retirement planning laws in the […]

September 28, 2023

Some of your employees dream of being financially independent entrepreneurs, and others fantasize about retiring early, but all of them need financial wellness. Research tells us that 63% of U.S. employees are weighed down by financial stress. Their anxiety makes […]

September 26, 2023

The ability to work remotely has been a big boon for both employees and organizations. COVID-19 accelerated experiences in working virtually for a significant portion of the workforce. But, while the digital age has powered the ability to work remotely, […]

August 23, 2023

Workers’ compensation premiums are typically based on estimates of your company’s payroll and employee data (i.e., job classifications), or projected gross sales over the course of your policy term. When an insurer conducts a premium audit, they’re trying to calculate […]

August 22, 2023

Within a company’s overall DEI strategy, equity may be the missing link, particularly in three main areas — compensation, advancement opportunities and educational requirements — according to the 2023 Equity in Hiring Research Report from HireVue. Only half of employees […]

July 11, 2023

The Pregnant Workers Fairness Act (PWFA), which was signed into law in late 2022 and went into effect June 27, 2023, requires employers to provide “reasonable accommodations” for an employee’s known limitations related to pregnancy, childbirth, or related medical conditions, […]

June 16, 2023

Juneteenth, the federal holiday commemorating the end of slavery in the U.S., is an annual reminder of our collective journey toward equality. The commemoration offers a moment for organizations to reflect on the progress that has been made toward racial […]

June 6, 2023

Today’s macroeconomic backdrop is leading candidates to seek employers that truly care about them as people, are willing to invest in their future, and don’t treat them as disposable. This is especially true for recent college graduates, who fill a […]

May 26, 2023

In today’s work environment, U.S. employees are experiencing increasing levels of stress and burnout due to longer workweeks, the labor shortage, the return of time-consuming commutes, increased responsibilities post-COVID and other similar issues that can impact mental and physical health. […]

May 24, 2023

Environmental, social and governance (ESG) has become a cornerstone of corporate attitudes. Throughout the last decade, companies have ramped up their sustainability initiatives and concentrated on creating diverse and equitable teams. However, employee well-being tends to get overlooked. Following nearly […]

May 19, 2023

A quick SECURE Act 2.0 summary is nearly impossible to give. Like the original 2019 SECURE Act, the goal of the update was to increase the number of companies offering retirement plans and to increase employees’ participation in those plans. […]

May 10, 2023

Everyone’s talking about junk fees these days. Even the president called them out in his State of the Union Address. One of the worst offenders is the banking industry, which makes money from overdraft, bounced check, and credit card fees. […]

May 9, 2023

Compensation is one of today’s hottest HR topics, as pay transparency laws, inflation, and talent shortages impact employers nationwide. Lisa Shuster from iHire, explains how to offer competitive, equitable salaries while proactively preventing pay compression. What recession? A recent iHire […]

March 31, 2023

This month’s Silicon Valley Bank (SVB) crisis has quickly become the second-largest bank failure in US history. With business leaders having haunting flashbacks to the 2008 financial crisis, the collapse of SVB was undoubtedly alarming and confusing as everyone moved […]

March 30, 2023

Family-building benefits were once synonymous with essential but limited parental offerings like maternity leave. But modern families have grown and changed significantly over the past few decades. In addition to maternity leave solutions, top employees are now requesting benefits like […]

March 30, 2023

The cost of childbirth in the United States is rising – leaving many patients with overwhelming out-of-pocket expenses for even traditional deliveries with zero complications. Additionally, depending on which state the birth takes place in, the cost of childbirth can […]