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.
Q. Our company is going to lay off several employees. Are we required to provide severance pay to those employees? If we provide severance pay, can we demand that employees sign a severance agreement stating that they will not sue the company?
Employees of Washington, D.C.-area companies that made The Washington Post’s inaugural list of the area’s top workplaces are apparently very well fed. Amid the medical, vacation and flex benefits cited by employees of the top firms are a huge number of perks involving company-supplied food.
Your lowest-paid older workers can look forward to retirements defined by even poorer income prospects, according to economists who study wage and financial-planning data.
They’re not guaranteed jobs and they don’t have to promise to work for Allstate Insurance Co., but military veterans get a small salary, free meals and a place to live during a month-long training program designed by the company to prepare them for careers in insurance and financial services.
Your benefits program might be an even bigger retention tool than you thought. A new survey says that 40% of employees appear to be experiencing “job lock” because of health benefits.
Almost all workers have access to someplace to microwave their lunches. A lucky handful can dine in on-site cafeterias. Here’s how U.S. employers offer various culinary benefits.
Speaking at an Employee Benefit Research Institute symposium on the future of benefits, Arnold Brown posed an intriguing—some might say disturbing—question.
Q. A departing employee has failed to return certain company equipment. Can we deduct the value of this equipment from her final expense reimbursement check?
A Who’s Who of U.S. companies have embraced tuition assistance as a core component of their benefits packages.
The road to recovery from the economic downturn may be rocky, but employers aren’t cutting benefits to stay solvent.