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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Among the victims of the Great Recession of 2008-2009 were the retirement expectations of many Americans. New research from the nonpartisan Employee Benefit Research Institute has quantified just how much those hopes suffered.
Fewer than 1% of employers plan to drop health insurance benefits in 2015. In many workplaces, however, employers are taking steps to rein in the cost of health benefits. Here are the top five measures.
Q. Our company is handing out bonuses only to those who deserve it. Can we ask them—not demand them—to keep it quiet as we hand them their checks?
Employer-provided health benefits are as common as ever more than a year after the Affordable Care Act began reshaping the health insurance landscape.
The U.S. Supreme Court on Dec. 9  unanimously ruled that workers at a warehouse are not entitled to pay for the time they spend waiting to undergo anti-theft screenings, nor for the time spent actually being screened.
Health spending last year grew at the lowest rate since 1960, according to the federal Centers for Medicare & Medicaid Services.

The Affordable Care Act has precipitated a new appreciation for voluntary benefits. A well-designed package of them will be essential for recruiting and retaining top talent.

Parts of New York were inundated with feet of snow well before Thanksgiving. Buffalo businesses have dug out from under the lake effect by now, but they may still be dealing with lingering pay issues. Will you be similarly affected—and are your pay policies ready?
More evidence that wages have flat-lined: The human capital costs involved in checking off every item on the “12 Days of Christmas” wish list barely budged this year, according to PNC Wealth Management.
Q. My daughter and I are the sole owners of our business. Are we required to obtain workers’ compensation coverage even though we have no employees?
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