Comp & Benefits: Page 11
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Survey: Underrepresented employees show higher interest in actionable financial benefits
The financial benefits typically offered by employers don’t enable employees to take immediate action on their financial pain points.
June 10, 2024 -
Walmart store employees can now earn up to $1K per year in bonuses
Part- and full-time hourly associates have the potential to earn more the longer they stay with the company, the retailer said Wednesday.
By Ryan Golden • June 7, 2024 -
Explore the Trendline➔
Adeline Kon/HR DiveTrendlineInside the rapidly changing world of employee benefits
Healthcare costs are climbing and employee needs are changing. How can HR professionals adapt?
By HR Dive staff -
Survey: Pay structures are changing to suit equity, transparency needs
Organizations have become more transparent about pay, according to Payscale, but generally only disclose data to individual employees and only when required to do so.
By Ryan Golden • June 6, 2024 -
Citi boosts paid leave to 24 weeks for birth parents
The additional eight weeks of recovery time matches policies recently launched by other banks.
By Dan Ennis • June 5, 2024 -
Employers say they plan to maintain or increase well-being benefits in coming years
Roughly 6 in 10 employers said their well-being strategy is consistent globally, and 18% plan to develop one soon, according to a new survey.
By Ginger Christ • June 4, 2024 -
Love’s rolls out free education perks for workers
The “Fuel Your Growth” initiative offers degree programs, certifications and more.
By Jessica Loder • June 4, 2024 -
LGBTQ+ workers face a substantial pay gap, Glassdoor says
Unadjusted, the gap is similar to the pay gap between men and women, though LGBTQ+ workers are disproportionately represented in some industries.
By Kathryn Moody • June 4, 2024 -
Column
Back to Basics: What to do when salaried employees fall below the new overtime threshold
There is more to the decision-making process than employers may realize, especially with future increases and litigation on the horizon, attorneys said.
By Ryan Golden • June 3, 2024 -
Worker location factors into pay decisions at roughly half of employers, Payscale report shows
Among the strategies, nearly a quarter of survey respondents told Payscale they use geographic differentials or pay zones to manage pay by location.
By Laurel Kalser • June 3, 2024 -
5 stories on supporting workers financially — beyond salary
Pay can only go so far in keeping talent on board amid a “permacrisis,” one survey noted.
By Kathryn Moody • May 29, 2024 -
Retrieved from Wikimedia Commons.
South Carolina embraces new EWA law
South Carolina became the fifth state to enact a law regulating earned wage access providers on May 21, but it doesn’t subject them to lending laws.
By Lynne Marek • May 28, 2024 -
4-day workweek is the top additional benefit employees want, Bank of America report finds
Respondents to a survey from BofA also said better compensation was the top reason they’d consider leaving their company.
By Emilie Shumway • May 28, 2024 -
US workers say they’re satisfied with their PTO but still don’t exhaust it
Heavy workload is one of the most common reasons behind unused time off in recent research.
By Ryan Golden • May 24, 2024 -
‘Almost no’ remote or hybrid jobs exist for top earners, research shows
Job listings allowing high-earning employees to work remotely fell 60% in the past year, and ones permitting hybrid work plunged 95%, job site Ladders found.
By Ginger Christ • May 22, 2024 -
Kroger cuts CEO’s pay as company’s performance weakens
Rodney McMullen’s compensation in fiscal year 2023 fell by $3.5 million, to $15.7 million, largely due to a sharply lower bonus.
By Sam Silverstein • May 22, 2024 -
Rocket Mortgage inks $3.5M overtime pay settlement with bankers
Plaintiffs alleged in their 2023 lawsuit that the lender improperly calculated their regular rate of pay.
By Ryan Golden • May 22, 2024 -
6 stories on how DEI leaders are holding organizations accountable
While compensation plays a big role, it is not the only lever that organizations can pull to keep leaders accountable for DEI progress.
By Kathryn Moody • May 22, 2024 -
QBE North America launches 12 weeks’ paid parental leave, available to workers from their first day on the job
The program offers leave for various circumstances around family growth, whether adoption, birth, fostering or surrogacy.
By Carolyn Crist • May 17, 2024 -
How 6 chains are reacting to California’s minimum wage law
Brands like Jack in the Box, Shake Shack and Chipotle have raised prices to help offset labor costs incurred following the $20 hourly wage.
By Julie Littman • May 16, 2024 -
Employer health plans paid hospitals 254% of what Medicare paid in 2022, report finds
Several factors may explain the gap, according to Rand Corp., such as provider consolidation and the type of facility in which care is provided.
By Ryan Golden • May 16, 2024 -
On-demand pay could create wage violations, Connecticut cautions employers
The warning comes as states and the federal government weigh options for regulating earned wage access products.
By Kate Tornone • May 15, 2024 -
Feds boost HSA contribution caps for 2025
The IRS published its annual inflation adjustments for high-deductible health plan regulations Thursday.
By Ryan Golden • May 10, 2024 -
Building, facilities workers mobilize nationwide for better wages, benefits
From New York City to Los Angeles, workers are rallying for higher wages and improved conditions, threatening strikes if demands aren’t met.
By Nish Amarnath • May 10, 2024 -
Garden leave could add value as noncompete alternative
Paying outgoing employees to remain as a resource while a replacement gets up to speed could gain currency as companies seek new ways to protect their interests.
By Robert Freedman • May 9, 2024 -
Meijer expands military leave benefits
The company’s new offerings mirror steps other employers have taken to specialize benefits for military personnel and veterans.
By Ginger Christ • May 9, 2024