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.
For the first time since the pre-recession year of 2007, U.S. employees say compensation is now their No. 1 contributor to their job satisfaction, according to an annual Society for Human Resource Management survey.
State bans on same-sex marriage continue to be challenged in court. Here's a chart to help you make sense of where states currently stand in this fast-changing area of the law.
Make sure you set one standard for determining how late “tardy“ is and how it’s measured. The best bet: Use a time clock.
Q: A recently divorced employee refiled her Form W-4 to claim fewer withholding allowances. She included her name and address, but only the last four digits of her Social Security number (SSN). Payroll requested that she complete another form with her full SSN, but she balked, saying that wasn’t necessary, since the W-4 is an internal form only. Is this a valid form?
A recent Gallup poll drew lots of media attention with the news that younger workers were so battle-scarred by the Great Recession that they no longer trust stocks as a safe place to park their retirement investments. Wait a minute, said Fidelity Investments, the nation’s largest 401(k) provider.
June brides who take their husbands’ names and newly married couples who hyphenate their names must get new Social Security cards reflecting their new names. Reminder: Don’t change your payroll records until newlyweds show you their new Social Security cards.
Here’s a case that illustrates at least one advantage for employers to a union workplace. If your collective bargaining agreement spells out how pay is calculated and excludes time spent donning and doffing work clothes and safety equipment, a contrary state wage-and-hour law doesn’t apply.
Premiums for health plans offered on state exchanges under the ACA this year are comparable to those of employer-provided plans offering similar coverage—and in some cases they’re much lower.
Americans’ confidence in their 401(k) plans took a big hit in the economic collapse of 2008. Then, 54% thought they could fund retirement via their 401(k)s. Now, less than half do.
The incentive to misclassify employees as independent contractors to get under the ACA's 50-employee cap may seem tempting. The real incentive is to ensure that your workforce is properly classified in the first place.