Comp & Benefits: Page 12
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More companies are tying ESG metrics to executive compensation: WTW
Despite political blowback in the U.S., companies are increasingly incorporating ESG metrics into performance measures, according to the insurance services provider.
By Suman Bhattacharyya • May 9, 2024 -
Employees say they expect employers to invest in their well-being
But as employee well-being rates stagnate, employers may need a new approach to boost productivity and retention, The Conference Board said.
By Carolyn Crist • May 6, 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 -
Sponsored by FinFit
3 benefits driving ‘material change’ in workers’ finances this year
Workplace financial benefits evolve in 2024, expanding beyond education to meet employees' demands for greater support.
May 6, 2024 -
Identity of HR 2024
Why ‘nontraditional’ benefits are on the rise and how HR can make them work
Finding perks employees value is a top priority, sources said, but HR teams have to rely on several parts of the organization to find what sticks.
By Ryan Golden • May 2, 2024 -
Companies cut salary budget increases to 3.6%, trim promotions: Mercer
Employers’ plans to reduce salary increases align with data showing economic growth slowed to just 1.6% last quarter, far less than expected.
By Jim Tyson • April 29, 2024 -
Offering housing assistance is more than a benefit, employers say
Housing assistance programs not only help strengthen the community around the workplace, but can also serve as an attraction and retention tool.
By Ginger Christ • April 25, 2024 -
Delta Air Lines raises starting wage to $19 per hour, increases pay by 5%
The pay raise comes amid a union-organizing campaign among the company’s flight attendants.
By Emilie Shumway • April 24, 2024 -
DOL’s ‘unprecedented,’ two-pronged overtime rule adds new HR wrinkles
Employers must decide whether to incrementally comply with the rule’s salary threshold updates or move straight to compliance with the higher 2025 threshold, attorneys told HR Dive.
By Ryan Golden • April 24, 2024 -
New retirement security final rule will protect workers from improper advice and investments, DOL says
The rule updates the definition of investment advice fiduciary that was adopted in 1975 and will go into effect Sept. 23.
By Ginger Christ • April 23, 2024 -
DOL will raise overtime salary threshold to $44K in July, $59K next year
The final rule expands overtime pay eligibility to millions of U.S. workers, the department said.
By Ryan Golden • April 23, 2024 -
Employer groups ask court to vacate DOL independent contractor rule
The department’s rule “injects new inconsistencies and incoherence into the analysis of independent contractor status,” the groups said in a lawsuit filed Wednesday.
By Ryan Golden • April 19, 2024 -
Most workers not confident they’ll retire by their mid-60s, survey finds
The spectrum of research on retirement benefits has revealed growing financial anxiety in recent years that is felt unevenly across demographic groups.
By Ryan Golden • April 19, 2024 -
Chipotle agrees to nearly $3M settlement over alleged paid leave and scheduling violations in Seattle
The settlement is the largest since the Secure Scheduling Ordinance went into effect in July 2017, the Seattle Office of Labor Standards said.
By Ginger Christ • April 18, 2024 -
Earned wage access providers seek to steer state legislation
Payactiv, DailyPay and other earned wage access providers teamed up in calling on the governor of Kansas to pass legislation similar to laws recently enacted in three other states.
By Lynne Marek • April 15, 2024 -
Employers take ‘wait-and-see’ approach on expanding GLP-1 drug coverage
Drugs like Zepbound and Wegovy have demonstrated some health benefits, but plans are unsure about employee interest and long-term benefit, experts said.
By Ryan Golden • April 11, 2024 -
Final overtime rule clears White House review
DOL’s proposed rule, if adopted, would increase the minimum annual salary threshold that determines overtime pay eligibility under the Fair Labor Standards Act from $35,568 to $55,068.
By Ryan Golden • Updated April 11, 2024 -
Cybersecurity jobs pay well, ISC2 says, but gender disparities persist
Apart from the pay gap, women remain vastly underrepresented in cybersecurity, other reports show.
By Matt Kapko • April 11, 2024 -
Job flexibility, security may promote work-related mental health, study says
Certain workplace changes may reduce work stress and encourage workers to seek services when needed.
By Carolyn Crist • April 9, 2024 -
Virginia governor vetoes state’s paid family, medical leave bill
SB 373 would have covered 80% of eligible employees’ weekly wages for up to eight weeks over a 12-month period.
By Ryan Golden • April 8, 2024 -
Sponsored by FinFit
When employees are financially unstable, quality and safety suffer
Extensive financial hardships are even impacting workers at work, which should alarm employers.
April 8, 2024 -
Fuel Transport rolls out 35-hour workweek for some employees
Shortened workweeks may have once been a fringe idea in the U.S., but they’re gaining traction — even in the political world.
By Ryan Golden • April 4, 2024 -
Why more than 50 environmental justice organizations are conducting pay audits
National Parks Conservation Association, Sierra Club and World Wildlife Fund are among the big names who have signed onto the Green 2.0 pledge.
By Caroline Colvin • April 3, 2024 -
Child care benefits ‘pay for themselves,’ analysis finds
A study of five companies found that child care benefits improved retention, reduced absences and bolstered morale.
By Emilie Shumway • March 29, 2024 -
Column // Happy Hour
Unique work perks are the name of the game
From tuition reimbursement to fertility benefits to flexible work arrangements, companies are trying to create attractive total rewards packages.
By Ginger Christ • March 29, 2024 -
CHROs eye new well-being benefits for 2024 amid declining engagement
Well-being budgets are largely stable this year as well, The Conference Board’s CHRO Confidence Index found.
By Ryan Golden • March 28, 2024