Employee benefits: A guide on common and best benefits


Employee benefits have become an essential part of any competitive compensation package. From law-mandated insurance to free snacks, benefits and perks can play a big role in talent attraction and employee retention. Why do employers offer benefits to employees?

Ways to reward and recognize your employees this Labor Day


Let’s look at some of the ways you can get this initiative started and how doing so can help you improve employee engagement and productivity. Understanding the formula for successful employee recognition programs.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Astron’s Yearly Compensation Review Part III: Non-Profit Executive Compensation Planning for 2019

Astron Solutions

The second most impactful change is the clarifications from the Internal Revenue Service on the use on “incentive” and “bonus” programs for non-profit executives. There also will be a tax on certain employee benefits. Target benefit plans.

Salary Cut-Off Raised to $35,568 in New Overtime Ruling


 Compliance | Employee Benefits. A new overtime policy from the Department of Labor (DOL) states that employees making less than $35,568 per year are now eligible for overtime pay. If employees are paid less or do not meet the set standards, they must be paid 1.5

Equity for the Gig Economy?

Compensation Cafe

Gig (On-Demand, Entrepreneurial) workers may finally be able to get equity awards like those received by employees. The service economy did not do wonders for employee retirement savings. I await other writers to address things like market data, retirement, pay equity and so much more.

How to Retain Young Talent in a Job-Hopping Culture

ACI Specialty Benefits

There used to be an unspoken social contract between employers and employees. These changing values are reflected in the job-hopping culture of Generation Z (Gen Z) employees. This kind of turnover comes with a cost: Companies lose time, money, and business with each lost employee.

Lost at Sea or. No Safe Harbor

Compensation Cafe

On October 6 Europe’s highest court struck down an international agreement (Safe Harbor) that has allowed thousands of companies to easily transfer personal data from Europe to the U.S. This lawsuit appeared to be the “final straw” in a string of incidents involving data privacy beginning in 2013 with the revelation that American intelligence agencies had access to people’s online activities. The ruling highlights the different views towards online data protection.

Shrinking the Student Loan Debt: Let’s Start at Work

HR Daily Advisor

Employees in every industry are burdened with student loan debt. According to the latest Federal Reserve data, Americans carry over $1.5 There are many other factors involved with economic growth, but giving employees more financial security and consumption power is within our control.

Millennials vs. Generation Z: Key Recruiting Differences


While it might be easy to assume that Generation Z and millennial employees are similar, recent research shows that these two generations are markedly different when it comes to their expectations for the job search process. Offering the right benefits. Most popular employee benefits.

Compensation Management is Important in Every Company

NGA Human Resources

Compensation management is vital for employee motivation. Everyone should be recognized for the value they bring to organizational success; not just those in companies with 1,000s of employees, and millions of dollars a year in salaries. Benefits of Compensation Management.

3 Practical Tips to Prepare for Salary Planning


To make precise pay decisions, you’ll need to put that information into context, filtering data by industry, geography, and increase type. Many employers have shifted to variable pay for a greater percentage of their employee population in recent years.

The Best Features of a High-Performance Engagement and Retention Strategy


At the same time, businesses of all kinds have started to struggle with employee engagement. The reality, however, is that poor employee engagement is a common problem in every industry, despite the many attempts made to improve it. Employee health. Focus on Employee Recognition.

#6Things: Louboutins, Intelligent TA & Sackett To Me!

marenated HR

Seems like common sense, but many companies squander the opportunity to make their employee benefits (and all other workforce) surveys awesome. Attendance Incentives. When you pay for attendance, you take a work habit issue and turn it into a paid incentive. BONUS LINKS!

Five Corporate Workplace Well-Being Trends to Watch in 2018


Research from the Society for Human Resource Management (SHRM) has called the standing desk the fastest growing employee benefit in the United States. So, standing desks are poised to solve that problem by allowing employees to get just a little movement in their busy days.

Pros and Cons of Surprise Raises

HR Daily Advisor

Employers today are facing these risks and trying to determine how to keep employees happy and motivated—and keep them from job searching in their spare time. Recent data indicate that a lot of employers are planning on giving pay raises. Pros of Giving Employees an Unexpected Raise.

Questions for Budgeting Season

Compensation Today

Market Adjustments – do you have some jobs that are moving fast in the market, and if so will you do a semi-permanent change (pay range) or a more temporary fix (market premium bonus)? Range Penetration is how far an employee has progressed through the pay range.

Benefits and Rewards – Why Employees Want More

NGA Human Resources

This is the openness of younger employees when it comes to discussing salaries. The worst scenario is that one employee thinks another is earning more than they are when in fact this is not the case. Benefits are good for cashflow and retention. Employees want more!

Benefits and Rewards – Why Employees Want More

NGA Human Resources

This is the openness of younger employees when it comes to discussing salaries. The worst scenario is that one employee thinks another is earning more than they are when in fact this is not the case. Benefits are good for cashflow and retention. Employees want more!

How Healthcare Employers Can Overcome Unprecedented Turnover


And while those numbers apply to all healthcare employees, the stakes get even higher when you look at care providers. The problem is that employees feel they can readily go elsewhere. Improve Employee Engagement. Johnson recommends soliciting feedback often from employees.

Selecting Components and Categories for Your Total Rewards Strategy 


It’s important to choose these carefully, because depending on your company values and culture, some elements may resonate better with employees than others. In addition, breaking the TR Communication into logical sections will make the presentation easier for your employees.

The Top 40 Corporate Wellness Companies That Are Transforming Workplace Health and Happiness


More and more companies are finding that healthier employees are also happier and more productive. In no particular order, below are the top 40 corporate wellness companies who make it easy for employees to live healthier lifestyles and make working at your company even more fun.

15 Revolutionary Ways To Educate Employees On Benefits


How well educated are your employees on current company benefits? How are employee benefits communicated? Do you have an employee benefits communication strategy? So, what do employees actually want ? Data via accessperks.com.

Video 52

A Quick-Start Guide to Creating a Salary Structure for Your Company


Not to mention, it can help you retain your current employees, as well as make your recruiting, hiring and promoting efforts more focused and easier to execute. You can extract the market rate data and analyze it based on simple comparisons – the dollar and percentage differences between what employees are paid at your company and what the market rates are for similar positions – and more advanced statistical procedures. Get your current employees up to par.

An Overview of the New FLSA Overtime Rules

Ultimate Software

These changes stand to impact millions of employees across the country, and it’s important for organizations to understand the rules, as well as the proactive measures they can take today to remain competitive and compliant. Other classes of employees (e.g. The U.S.