When an employee goes on leave under the Family and Medical Leave Act (FMLA), it can pay to double-check that your recordkeeping processes are up to snuff, in case your administration processes are ever called into question. Employment law attorneys recommend periodic internal audits of all recordkeeping practices. That way, if there’s ever a dispute,…
No one has put a brighter spotlight on pay disparity than Caitlin Clark. If you don’t know who that is — and how she’s dominated headlines on everything from college basketball and teamwork to community impact and pay disparity — here’s your quick tutorial: Clark broke pretty much every NCAA basketball record — female and…
After years of paltry wage increases that barely keep pace with inflation, it looks like employees would be willing to take some crazy sacrifices for a 10% raise. Just how much would workers be willing to give up for a fatter paycheck? Who Needs Health Care, SSI or Voting Rights? LendEDU polled 1,238 U.S. workers…
Ever wonder about all the ins and outs of severance pay? If the answer is yes, you’re in the right place. What exactly is severance pay? When – if ever – are employees entitled to it? What’s included in a typical severance package? What are some of the legal issues that can arise? Here’s a…
Despite higher-than-average pay increases in 2023 and budgeted for 2024, many employees are dissatisfied and want more for their work. That’s the upshot from Payscale’s 15th annual report on compensation and benefits. HR’s challenges and priorities in 2024 Top 5 challenges In the 2024 Compensation Best Practices Report, Payscale asked participants to rank their companies’…
Employees shouldn’t be holding their breath for bonuses this year, based on new research from payroll platform Gusto. After a tumultuous year filled with layoffs and return-to-work wars, the end of 2023 saw a decline in bonuses across industries, the research found. But in an economy where employers are pinching pennies wherever they can, retaining…
Heads up, HR: The standard mileage rate for business use is getting a slight bump in 2024, the IRS recently announced. The Service bases the standard mileage rate for business use on an annual study of the fixed and variable costs of operating a vehicle. Here are all the details you need to know from…
Annual raises can be an important piece of the retention puzzle, but new research from BambooHR shows that raises are happening less often and, when they do happen, they’re a quarter smaller. In a world where the cost of living is continuing to rise, that’s a problem. The current economic market is tricky to navigate,…
