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.
Looking at a broad swath of U.S. corporations—not just large, publicly traded ones—it turns out that only a handful of CEOs crack the $1 million mark in annual cash compensation.
Some employers are encouraging workers to sleep on the job. The Society for Human Resource Management’s 2014 poll of HR pros says 6% of workplaces have nap rooms where employees can catch up on their Z’s.
Spending on health care rose less than 0.3% this summer, according to the Bureau of Labor Statistics, a strong sign that the health-cost curve may be flattening over the long term.
Over a third of all Americans (36%) have not saved any money for retirement, according to a new Bankrate.com survey.
Most Americans are unaware that the stock market is booming, according to a new Gallup poll. The S&P 500 gained 30% in 2013, yet only 7% of those polled knew that, and only 52% believe now is a good time to invest in stocks.
According to ChildCare Aware of America, a child care advocacy organization, day care takes up a larger share of the family budget than housing in every region except the West.
Large employers’ health care benefit costs are expected to increase 6.5% in 2015, slightly lower than this year’s rate of increase. Most employers, however, say they’re planning changes to their benefits programs that should limit cost growth to 5% or less when all is said and done.
A U.S. Department of Labor Wage and Hour Division investigation has found that the Hibachi Buffet restaurant in Minneapolis owes 18 employees a total of $117,000 in unpaid wages.
Keck Hospital of USC, formerly the USC University Hospital, has ended a labor dispute by agreeing to pay $87,839 to four employees affected by its decision to unilaterally eliminate an extra shift bonus and a mandatory on-call schedule.
Q. One of our work crews needs to drive to a single work site during the day. One employee drives a truck and trailer with tools and equipment from our main facility. We would like to allow other employees to save gas by riding in the company’s truck. Do we need to pay employees for this commute time?