Human Resources News & Insights

Pay & Benefits

For decades, U.S. employers have offered competitive salaries and employee benefits in order
to attract top performers – and keep them. In the post-recession economy, the world of salaries
and benefits has shifted, and the changes have raised serious new challenges in maintaining
compensation levels and top-level retirement and health benefits.

Generation Z’s plan for a comfy retirement? Inherit the cash

Just how grim are the retirement prospects for the generation that’s now entering the workplace for the first time? So grim, that many believe the only way to secure a stable retirement is by inheriting it.

Landmark Supreme Court ruling gives HR a powerful tool to prevent pay lawsuits

Employers everywhere will likely rush to get their employees to sign the type of employment agreement the High Court just ruled has great power to protect businesses from costly wage-and-hour lawsuits.

Need to attract millennials? Offer student loan benefits

If you want to attract and retain millennials, it’s all about the benefits. And no perks are more sought after among this group than student loan benefits. In this post, guest author Alyssa Schaefer, the chief marketing officer of Laurel Road, a national online lender, explains why employers can’t wait to roll out student loan benefits […] [MORE]

New overtime rule and more: DOL’s to-do list includes some surprising news

  When the DOL released its 2018 Spring Regulatory Agenda, it not only offered some insight on its progress in creating a new salary threshold for overtime eligibility, it also suggested it may alter the methods in which employees’ pay is calculated altogether.

The $600 payroll mistake that cost this company almost $45K

Here’s a cautionary tale about the importance of double-checking for minor mistakes in your company’s overtime calculations.

Health costs: How to combat the sneaky increases of generic drugs

While the spotlight is on the skyrocketing cost of specialty drugs right now, the price tag on generics is quietly trending upward. And if employers don’t take some necessary precautions right now, it could lead to some major headaches down the road.

Court: This common pay practice equals discrimination

One of the most common pay-determining techniques could now put your company in legal danger.

Ex-DOL admin’s warning about new OT rule: ‘Don’t throw away your old pay plans’

While the majority of industry experts expect the DOL to create a new overtime rule that sets the salary threshold somewhere in the $33K ballpark, there’s at least one person who sees a scenario where employers will have to comply with the originally proposed $47K threshold. And there’s good reason to take what she says […] [MORE]

Workflex in the 21st Century Act: Paid leave on the federal level … with a catch

Following an array of state and local paid leave laws and loud calls from employers and prominent business groups, Congress has introduced a bill to make paid leave on a federal level a reality. But the legislation probably isn’t what HR pros were expecting.

Nearly a third of companies will pass tax law savings to staffers: Here’s how

HR pros have seen plenty of news stories about giant corporations that are passing along the savings from the new tax law to their employees. But until now, it’s been tough to get a picture of just how many employers, percentage wise, are actually going to make such a move.