Comp & Benefits: Page 16


  • Businessman talking on phone
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    Kerkez via Getty Images
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    Why EAPs go unused despite growing mental health awareness

    Many factors contribute to the historic underutilization of employee assistance programs, despite their value as an access point to quality care.

    By Dec. 1, 2023
  • Kylie Cosmetics displayed at an Ulta beauty store.
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    David Dee Delgado via Getty Images
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    DEI top priority for Coty as it expands global parental leave policy

    The cosmetics and fragrance brand also said it had achieved its 2022 pay equity goal and has a gender pay equity gap of less than 2% across all its global management.

    By Zoya Mirza • Dec. 1, 2023
  • Explore the Trendline
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    Adeline Kon/HR Dive
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    Trendline

    Inside 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
  • A person walks into BNY Mellon's headquarters in New York City.
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    Mario Tama / Staff via Getty Images
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    BNY Mellon to boost minimum hourly wage to $22.50 in March

    The bank is also expanding the mental health resources, to allow for up to 12 no-cost therapy sessions annually, up from five, BNY Mellon said Friday.

    By Dan Ennis • Dec. 1, 2023
  • Nathalie Ogando sits with her adopted cousin, Lean Martinez, after she was adopted during a ceremony.
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    Joe Raedle via Getty Images
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    Adoption benefits on the rise

    More than a third of U.S. companies offer paid adoption leave, per a SHRM benefits survey.

    By Nov. 29, 2023
  • A businessperson hands a colleague a paycheck.
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    AndreyPopov via Getty Images
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    What drives worker fulfillment? Cash, apparently.

    A strained economy has workers going back to the fundamentals.

    By Nov. 28, 2023
  • A birds-eye picture of a stethoscope and piggy bank against a blue background
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    erdikocak via Getty Images
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    Average per-worker cost of health benefits rose by 5.2% in 2023: survey

    Inflation is a contributor to the increase, but rising prescription drug costs are likely to have a longer-term impact, according to a Mercer report.

    By Emily Olsen • Nov. 22, 2023
  • The 2024 Subaru Crosstrek Wilderness SUV.
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    Courtesy of Subaru of America, Inc.
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    Subaru to raise wages after similar moves by nonunionized automakers

    The decision impacts Subaru’s sole U.S. assembly plant in Lafayette, Indiana, which employs over 5,600 workers.

    By Eric Walz • Nov. 20, 2023
  • Walgreens sign seen on January 2023
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    Michael M. Santiago via Getty Images
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    Walgreens to close some stores for Thanksgiving, joining retail trend

    The company’s decision was based in part on employee feedback, an executive said Thursday.

    By Nov. 17, 2023
  • Three toddlers are pictured sitting on the ground, while one is standing. The toddler in the center is looking off to the side and is holding a plastic toy.
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    FatCamera via Getty Images
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    7 stories on child care and the workplace

    The strain on working parents has received new attention recently.

    By Nov. 17, 2023
  • People walk dogs on the National Mall in Washington, DC.
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    Sarah Silbiger via Getty Images
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    Pet insurance is the ‘in vogue’ voluntary employee benefit

    Pet insurance transcends employer groups and industries, said Mercer’s voluntary benefits office leader.

    By Nov. 16, 2023
  • An injection pen containing the drug semaglutide lies on a white plate.
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    Douglas Cliff via Getty Images
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    Employers mull benefits coverage for weight-loss drugs after ‘exciting’ developments

    Recent news about medications Zepbound and Wegovy are promising, but health plans have questions, one consultant told HR Dive.

    By Nov. 16, 2023
  • View of the Massachusetts State House at night
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    Maddie Meyer via Getty Images
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    Massachusetts considers 4-day workweek incentive

    Companies would receive tax credits to offer employees four-day workweeks without a reduction in pay or benefits as part of a pilot program.

    By Nov. 15, 2023
  • Paper personal earnings statement lays on desk next to pen and calculator.
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    GaryPhoto via Getty Images
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    DailyPay wage payments delayed due to Friday snafu

    The early wage access company didn’t immediately make some payments to workers because of a snag related to the Veterans Day holiday.

    By Lynne Marek • Nov. 14, 2023
  • A worker assembles an engine at Hyundai Motor Manufacturing Alabama.
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    Courtesy of Hyundai Motor Group
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    Hyundai is raising wages 25% by 2028 for production workers

    The pay hikes will impact employees at the automaker’s assembly plant in Alabama and its electric vehicle factory in Georgia, which is under construction.

    By Eric Walz • Nov. 14, 2023
  • Adidas employees gather around a screen that says "Feedback."
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    Courtesy of Adidas
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    Student loan debt makes workers more likely to job hunt, ADP researchers find

    Repayment assistance — which gained steam in the years before the pandemic — may be one way employers can help as paused payments resume.

    By Nov. 14, 2023
  • New York City waiter prepares dining room
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    Spencer Platt via Getty Images
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    The public dislikes tip pools, Pew finds

    Tip pools have proved a controversial wage-and-hour topic, especially when back- and front-of-house staff are both included.

    By Nov. 13, 2023
  • Protesters from AFSCME and the AFL-CIO outside the Hotel DuPont in Wilmington, Delaware.
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    William Thomas Cain via Getty Images
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    CEO-worker pay gap rising and ‘bad for business’: report

    Recent research indicates CEO pay practices lead to governance issues as they spur “executive recklessness” such as mass layoffs, tax evasion and more that puts the economy at risk.

    By Zoya Mirza • Nov. 13, 2023
  • Two stuffed ducks wearing Aflac-logo bandanas appear on a table.
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    Justin Ford via Getty Images
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    Aflac CHRO: ‘Be reasonable’ about return to work

    Be prepared to be flexible when implementing RTO policies, said Aflac’s CHRO Jeri Hawthorne.

    By Nov. 9, 2023
  • Full length view of smiling women standing at sunny entrance to family home and helping 8 year old girl with backpack before leaving.
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    xavierarnau via Getty Images
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    Small businesses gain competitive edge from family-friendly benefits, report finds

    Smaller firms increasingly offer health coverage, parental leave and flexible work options, according to The Best Place for Working Parents.

    By Nov. 8, 2023
  • An illustration of a stethoscope in the shape of a dollar sign.
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    dventtr via Getty Images
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    Healthcare financial strain is ‘widespread’ in US, study finds

    The analysis adds to a growing body of research highlighting the burden of healthcare costs in the U.S., even for families with higher incomes. 

    By Emily Olsen • Nov. 8, 2023
  • Sign outside Department of Labor building, Washington, DC
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    Thinkstock via Getty Images
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    Construction groups sue over Davis-Bacon change

    The prevailing wage rule update went into effect Oct. 23, and it could mean higher hourly wages for workers on major federal projects.

    By Zachary Phillips • Nov. 8, 2023
  • A medical professional measures a patient's blood pressure using a sphygmomanometer.
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    nortonrsx via Getty Images
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    ‘Good benefits’ helped with retention this year, Workhuman finds

    While interest in remote work may be waning, employees still say they want flexibility.

    By Nov. 7, 2023
  • a medicaid insurance card on top of a small American flag
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    Kameleon007 via Getty Images
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    Medicaid disenrollments pass 10M as states continue eligibility checks

    States have assessed the eligibility of 28 million Americans to date, and terminated coverage for 35% of them, according to the latest data from KFF.

    By Rebecca Pifer • Nov. 6, 2023
  • A close-up of a paper pay slip with tax and pension information.
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    tattywelshie via Getty Images
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    New fiduciary rule proposal takes aim at retirement plan ‘junk fees’

    The proposed rule would change the existing five-part test under ERISA to clarify when investment advice is considered fiduciary.

    By Nov. 3, 2023
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    fizkes via Getty Images
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    Workers say they’re excluded from hybrid work discussions, yet it remains a must-have benefit

    Employees see certain benefits to being at the office, but nearly half still said they’d consider leaving their jobs if their employer reduced flexibility.

    By Nov. 2, 2023