Compensation & Benefits

Stress Goes Down When Your Employees Don’t Bottle It Up

Every employer has their own idea of a dream team, but most will agree it would consist of employees who are passionate about their careers, put forth extreme effort, and hit their goals every month. While this deep passion creates driven employees, what happens when the pressure becomes too much to handle? In…

What You Don’t Know About Your Retirement Plan Could Sink You

The U.S. Department of Labor in August significantly increased its penalties for retirement plan sponsors who get caught making compliance errors before they correct them on their own. What previously might have only been a fine of a few hundred dollars through the DOL’s Voluntary Fiduciary Correction Program can instead result in penalties…

Jobs Grow by 156K in December; Wages Take Jump

Ending the year much as it began, employers hired a modest 156,000 new workers in December, bringing the total for 2016 to 2.16 million new jobs. In 2015, employers added 2.74 million. While this morning’s jobs estimate from the Labor Department came in lower than the 180,000 analysts in a Bloomberg survey were…

Wages Jump As Jobs Grew Modestly In December

Ending the year much as it began, employers hired a modest 156,000 new workers in December, bringing the total for 2016 to 2.16 million new jobs. In 2015, employers added 2.74 million. While this morning’s jobs estimate from the Labor Department came in lower than the 180,000 analysts in a Bloomberg survey were…

DOL Sues to Get Google Comp Info

Google is being sued by the U.S. Department of Labor for allegedly failing to turnover documents relating to compensation of employees at its Silicon Valley headquarters. The suit announced today charges that Google provided a September 1,  2015 “compensation snapshot,” but has refused to turnover other data the government wants, including job and…

How Changing the Compensation Conversation in Interviews Solves More than the Pay Gap

A few months ago, Massachusetts pushed pay transparency forward when Governor Charlie Baker signed a law prohibiting employers from asking candidates about their salary history. The law, which also forbids companies from telling employees not to discuss their salaries, is designed to support equal pay for equal work — specifically targeting the pay gap between…

5 Ways Compensation Will Change in 2017

As the economy continued to rebound in 2016, there was intense competition in many talent markets across a number of jobs and industries. All indicators show the financial landscape is poised to continue growing in 2017, so employers are now more focused than ever on retaining and attracting key people at their organizations…

With the New Overtime Rule In Limbo, What Should You Do?

The Department of Labor’s (DOL) new overtime rule didn’t take effect on December 1 as many thought it would. Instead, it was temporarily blocked by a federal judge and subsequently appealed by the DOL. With the rule’s fate uncertain, employers find themselves asking, “Now what?” While some implemented salary changes and reclassified employees…

How HR Should Manage an Employee Going Through a Divorce

Approximately 90% of people in western cultures get married by the time they turn 50. In the U.S., nearly half of the couples end up getting a divorce. Yikes! If your company has a hundred employees, there’s a very good chance that you will deal with multiple employees that will go through a…

HR and the Desk-less Revolution

Today’s top talent doesn’t place much value on the traditional workplace status symbols, like a corner office. Instead, skilled members of the modern workforce demand flexibility. According to a recent FlexJobs survey, only 7% of professionals cited their office as the best location for tackling work-related projects. Respondents named everything from distracting colleagues…

Healthcare Costs and the Collision With Employee Rights

Observing that the U.S. healthcare has been rising at almost twice the rate of the national economy, Tim Coan told an audience of HR professionals, “This is simply not sustainable.” But the question is, ‘What have we done about it’.” Speaking at a DisruptHR meeting in Denver last year, Coan said it is…

What HR Will Be Dealing With In 2017

The end of 2016 is near, and for some of us, thank goodness! While we count down the seconds until the crystal ball drops, we can plan for the trends about to hit human resources departments. Keeping an eye on compliance will certainly be important over the next year. What happens with immigration,…

Unemployment, Hourly Pay Decline In November; Employers Add 178,000 Jobs

U.S. employers added 178,000 new non-farm jobs during November, according to a government employment report that’s only surprise was a sharp decline in the unemployment rate to 4.6 percent. Today’s monthly report from the U.S. Department of Labor showed private-sector employers added 156,000 jobs. The service sector accounted for 139,000. Goods producers accounted…

How to Tell Workers They Won’t Be Getting Overtime

This spring, an estimated four million Americans became eligible for overtime pay, with a new overtime rule doubling the salary threshold to automatic time-and-a-half compensation from $23,660 to $47,476. Yet this rule is now in jeopardy, thanks to a federal judge ruling before Thanksgiving that the Department of Labor did not have the…