Compensation

Understanding Holiday Pay Rules: Compliance and Legal Obligations
Benefits & Compensation Understanding Holiday Pay Rules: Compliance and Legal Obligations

Navigating the complexities of holiday pay can be a challenging task for employers, particularly when considering compliance with state and federal laws. One commonly asked question is whether requiring employees to work the day before and the day after a holiday to receive holiday pay is

How Can You Create a Winning Compensation Plan to Attract Talent?
Benefits & Compensation How Can You Create a Winning Compensation Plan to Attract Talent?

Crafting a compelling compensation plan is essential for attracting and retaining high-potential professionals. In today's competitive job market, a well-thought-out compensation package goes beyond just adjusting salary figures. It aligns with employee aspirations and the company’s strategic

HR Lessons from Lyft's $2.1M FTC Fine Over Deceptive Practices
Regulatory & Compliance HR Lessons from Lyft's $2.1M FTC Fine Over Deceptive Practices

The recent $2.1 million fine imposed on Lyft by the Federal Trade Commission (FTC) has sent shockwaves through the gig economy. This penalty stems from deceptive recruiting practices that misled potential drivers about their earnings. The fine underscores the significant consequences of misleading

Will Increased Employer NICs Spark a Crackdown on Salary Sacrifice?
Benefits & Compensation Will Increased Employer NICs Spark a Crackdown on Salary Sacrifice?

Upcoming changes to employer National Insurance Contributions (NICs) in the Budget could lead to a significant shift in how companies approach salary sacrifice schemes. The government plans to increase employer NICs by up to two percentage points, potentially hiking them from the current 13.8% to

University of Rochester Prepares for HR Modernization Launch in December
Benefits & Compensation University of Rochester Prepares for HR Modernization Launch in December

With a significant transformation on the horizon, the University of Rochester is gearing up for the launch of the myURHR system on December 16. This monumental shift marks one of the most extensive system transitions in the University's history, impacting every faculty and staff member. The myURHR

Transforming Employee Rewards: From Transactional to Transformational Systems
Benefits & Compensation Transforming Employee Rewards: From Transactional to Transformational Systems

Over the past few decades, the landscape of employee rewards has undergone a significant transformation. Traditionally, reward systems have been largely transactional, focusing on financial compensation in return for work performed. However, modern organizations are increasingly embracing

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