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. We are still getting requests from students to work for free. We know we have to pay them minimum wage, but do we have to do more? Do we have to pay benefits or give paid holidays?
The job market is opening up, increasing opportunities for employees to change jobs if they want to. The bad news for employers: The workers most likely to look for new jobs are those that organizations would most like to keep. The secret weapon for retaining valued, high-performing employees with wandering eyes: better benefits.
Nonroster employees of the New York Jets might not work out side by side with Tim Tebow and Mark Sanchez, but they use the same gym—when the team’s not in it.
If you are contemplating changing your compensation structure to reflect today’s lean job market, do so carefully—especially if you suspect you may be overpaying some employees for the work they do. The problem: Older, more experienced workers may be at the top of your pay scales.
When employers offer severance packages, they often ask employees to waive their rights to sue the employer. That’s a smart strategy, but small discrepancies in the agreement’s wording can make the difference between a successful severance package and a call from the EEOC.
Health care costs are expected to grow at about 7.5% next year, reflecting the sluggish economy and employer efforts to hold down expenses, says a new study by Pricewaterhouse-Coopers.
The federal FMLA doesn’t cover employees who take time off for school visits or to care for kids who aren’t seriously ill but who must stay home from school. Some state laws do. The chart below summarizes state short-term leave laws.
At Chicago-based PortionPac, plenty of siblings work side by side, and parents often have their adult children as colleagues. Management at the cleaning-fluids manufacturer makes sure those family members have plenty of time to spend with the ones who don’t work there.
Now that the Supreme Court has upheld the Affordable Care Act, it’s time to weigh the strategic impact on your organization. Take these five steps to clarify decisions you need to make between now and 2014.
Deloitte has adjusted the salaries of employees who include domestic partners on their medical or dental plans to help offset the taxes they have to pay on the benefit. The perk is available to employees living with same- or opposite-sex registered domestic partners.