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.
21 U.S. CEOs received “golden parachutes” worth more than $100 million each between 2000 and 2011, according to a new report by GovernanceMetrics International.
Q. We’ve concluded that a small group of our employees don’t appreciate their jobs. We’d like to post their jobs and replace employees who won’t take a pay cut with unemployed people who will work for a lower wage. Is this a problem?
When an Arkansas employee tried to get workers’ comp benefits due to a back injury, the administrative law judge found there was no medical evidence to support the claim. One strike against the worker: photos on Facebook that seemed to show him moving fine while drinking and partying.
Fox-Searchlight Pictures faces a class-action lawsuit in New York from unpaid interns who worked on the production of the hit film “Black Swan.” The interns claim Fox-Searchlight failed to pay them for their work in violation of the FLSA and recent DOL guidelines.
How much your organization pays for unemployment insurance is based, in part, on how many former employees have successfully filed claims against you. Understanding who is eligible for unemployment benefits and who isn’t can go a long way toward keeping insurance rates low.
The U.S. Supreme Court case everyone has been waiting for is finally here. The High Court began hearing oral arguments on the constitutionality of the landmark Affordable Care Act on March 26. An unprecedented six hours of arguments will set the stage for a decision—probably in late June—on whether “Obamacare” stays or goes. No matter how the court rules, it will affect HR for years to come.
As businesses make their slow transition from layoff mode to hiring, they may find that job-seekers have changed their expectations of employee benefits. They're beginning to demand everything from more comfortable work spaces to employer practices that nurture the psychological well-being of the workforce.
For most employers, open enrollment for health insurance benefits in 2012 has come and gone. So now's the time for comp and benefits professionals to start planning for the next health insurance renewal go-round. An early start will give you a fighting chance to keep costs under control in 2013.
Employees who work for technology/wireless communications firm BTS enjoy a unique vacation benefit: They can use a company-owned condominium in Florida—and $250 in spending money. That’s just one of the generous benefits that CEO Sean Lane says are important for attracting employees long on ideas and energy.
If your company has established top pay levels for each job classification, you probably end up giving some long-tenured (and, therefore older) employees smaller raises than less-experienced employees. But those older workers won’t be able to successfully claim age discrimination, as long as you can explain that the pay difference is due to your clearly documented wage schedules.