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Compensation and Benefits

Compensation and benefits topics – whether it’s minimum wage, workers’ compensation laws, or employee pay – if properly handled, can help you retain workers and recruit new ones.

Use our advice to craft independent contractor agreements that keep independent contractors – and your bosses – happy.

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If an employer reassures an applicant that she’s going to be working in a safe environment and that turns out to be incorrect, that worker may be justified in quitting.
Advice: Draw a clear line between the activity and your organization’s involvement.
Since Minneapolis’s Safe and Sick Time Ordinance took effect last July, the city has been working with employers to help them comply with the law. For almost a year, the city has levied no fines. That will all end on July 1.
Though the economy is improving, many U.S. workers are still pumping the brakes on their retirement plans.
Say your marketing director breaks his leg during an after-hours employee softball game against a crosstown company. Who’s responsible? You might be surprised.
The New York Workers Compensation Board has changed its interpretation of regulations governing collection of employee contributions to the state’s paid family leave fund.
Kaiser Permanente, the California-based managed care giant, is by far the nation’s largest group health insurance carrier, according to a new analysis by Employee Benefit News and data analytics firm miEdge.
Only 52% of employees say they understand their health benefits, according to a new survey by the Employee Benefit Research Institute.
The Obama-era regulation would have required financial advisors to put their clients’ interests first when offering guidance on retirement plans.
The annual cost of treating opioid addiction and overdose—stemming from both prescription and illicit use—has increased more than eight-fold since 2004, from $0.3 billion to $2.6 billion in 2016.
Don’t wait for employees to bolt before you communicate exactly how much their pay and benefits are really worth. Regularly give employees clear statements that spell out exactly how much their compensation is worth.
A federal court has granted a temporary injunction in a case involving continued health insurance coverage. The court concluded that a group of retired workers would likely succeed on the merits of their case.
Answers to four reader questions about the new law.
A Republican-backed plan that would let employees borrow against future Social Security benefits to pay for family leave could wind up reducing their monthly retirement benefits by an average of 3%—and 10% for those with large families.
An increasing number of employers are giving money and other incentives to workers to encourage them to fund their emergency savings accounts, reduce their debt and attend financial education classes.
Employers that featured five or more wellness best practices had average turnover of 18%, compared to 29% for employers that had implemented two or fewer.
When an employee is injured on the job, what you do—and when you do it—can determine not only how quickly the employee will return to work but also whether he or she will return at all.
As telework’s popularity grows, so do legal concerns for employers. To lower your risks, devise a telecommuting policy that protects you on these fronts.
Thirty-seven percent of workers expect to work past age 70, an increase from 30% two years ago.

Be sure employees know your rules for leaving work early. That way, an employee who violates the rules will have committed willful misconduct, disqualifying him from receiving unemployment compensation benefits.

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