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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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Bonuses are a great way to show appreciation to employees. They’re also a wonderful retention tactic. So, who gets what? You have four choices.

The Healthcare.gov website may be broken, but that doesn’t mean small business owners who want to buy health insurance for their employees have to wait. They can learn about coverage options, costs and available tax credits by working with an insurance broker who has registered with CMS to facilitate SHOP policy sales.

American Electric Power employees who adopt children get a little help from their employer: 30 hours of paid leave and $3,000 per child. One of the largest utilities in the country, American Electric Power has helped 72 of its employees with adoptions.

Undergrads working in organizations that offer paid internships earn a mean hourly rate of $12.74, according to a SHRM survey.
Paid internships pay off. Unpaid internships, not so much. Here’s how internship experience affects starting salaries:
Consumer-directed health plans (CDHPs) are now the second-most prevalent kind of employer-provided health insurance, according to new research by the Aon Hewitt HR consulting firm. CDHPs could surpass PPOs in the next five years, the researchers predict. What’s driving the CDHP surge?
A former McDonald’s employee is suing a franchise owner, arguing that paying her via a payroll card—with all its attendant fees—meant she earned less than the minimum wage.
A car salesman fired after he cursed and threatened a customer has been denied unemployment benefits.
Some employers have retooled the traditional method of setting paid time off in separate categories by folding vacation, personal or sick leave entitlements into one “bank.”  So-called paid time off (PTO) programs offer benefits for employers and employees alike, but there are some potential pitfalls if you are not careful.
For the third year, Houston-based Swift Worldwide Resources has given all of its employees a day off—the same day—to volunteer in their communities at 23 locations around the world.
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