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Tag: compensation


Development & Evaluation, Employee retention

How Saving for Retirement Will Be Different in 2024

January 17, 2024

Via: HR Hero

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 […]


Development & Evaluation, Employee development

Why It’s Important to Financially Mentor Your Employees

September 28, 2023

Via: HR Hero

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 […]


Workplace wellness

Addressing Employee Mental Health and Wellbeing in Remote Settings

September 26, 2023

Via: HR Hero

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, […]


Development & Evaluation, Employee retention

5 Tips to Survive a Workers’ Compensation Premium Audit

August 23, 2023

Via: Spark

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 […]


Diversity & Inclusion

Lack of equity in compensation, advancement may curtail employers’ DEI strategies

August 22, 2023

Via: HR Dive

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 […]


Development & Evaluation, Employee retention

What Employers Must Know About the Pregnant Workers Fairness Act

July 11, 2023

Via: HR Hero

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, […]


Diversity & Inclusion

Viewpoint: A Reflection on Juneteenth, Transparency in Diversity Reporting

June 16, 2023

Via: SHRM

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 […]


Development & Evaluation, Engagement

Build a Better Benefits Package to Attract Recent College Grads in Uncertain Economic Times

June 6, 2023

Via: HR Hero

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 […]


Workplace wellness

Sabbaticals – A Solution to Burnout  

May 26, 2023

Via: HR Hero

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. […]


Workplace wellness

Why Employee Wellness Should Be a Cornerstone of ESG Strategy

May 24, 2023

Via: HR Hero

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 […]


Research

Communicating SECURE Act 2.0 Retirement Changes to Your Workforce

May 19, 2023

Via: HR Hero

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. […]


Development & Evaluation, Employee retention

What Employers Can Do to Fight Back Against Banking Junk Fees

May 10, 2023

Via: HR Hero

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. […]


Development & Evaluation, Employee retention

How To Keep Compensation Competitive and Fair

May 9, 2023

Via: Spiceworks

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 […]


News

How to Protect Your Payroll in the Aftermath of the Silicon Valley Bank Crisis

March 31, 2023

Via: HR Hero

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 […]


Development & Evaluation, Employee retention

Why Family-Building Benefits are a Necessary Piece of Modern Employer Coverage

March 30, 2023

Via: HR Hero

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 […]


Diversity & Inclusion

The Rising Cost of Pregnancy: What Employers Can Do About It

March 30, 2023

Via: HR Hero

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 […]


Communication, Development & Evaluation

Faces of HR: Francisco Martinez-Garcia Talks Authenticity, Data & Representation

March 30, 2023

Via: HR Hero

Francisco Martinez-Garcia has served in the HR industry for more than two decades. He spent 16 years at Colgate Palmolive working in benefits and compensation and, in 2019, was tapped as Head of Global Compensation at Moody’s Corporation – a […]


Research

Navigating California’s New Pay Data Reporting and Pay Transparency Law

March 22, 2023

Via: HR Hero

California has taken a bold step towards pay equality and fairness with the recent implementation of Senate Bill 1162. This dynamic piece of legislation, which has been dubbed a victory for employees, is set to shake up the employment landscape […]


Development & Evaluation, Employee retention

Managing Alternative Coverage and COBRA Coverage in Uncertain Economic Times

March 13, 2023

Via: HR Hero

We’ve all heard about the “Great Resignation” triggered by the post-COVID environment. Workers are deciding to voluntarily exit the workplace in search of other options. Separately, we have seen the news about a possible economic recession in the near future […]


Development & Evaluation, Engagement

When Recruiting Takes Longer, Costs More, Leaders Must Alter Their Approach

February 28, 2023

Via: HR Hero

“Permacrisis,” Collins Dictionary’s 2022 word of the year, is defined as “an extended period of instability and insecurity” and captures what many business leaders are feeling given the still-high inflation rate, rising interest rates to combat inflation, and forecasts of […]