Comp & Benefits: Page 26
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Inflation prompts workers to cut back on retirement. What can employers do?
As employees struggle financially, it may be time to reassess funding and investment strategies — or whether to terminate plans altogether.
By Ryan Golden • Dec. 8, 2022 -
Zillow expands parental leave to 20 weeks
While many have worried about a recessionary cutback in parental leave benefits, experts have said the panic may be overblown.
By Emilie Shumway • Dec. 7, 2022 -
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 -
Salaries aren’t keeping pace with inflation, workers say
Employers’ planned raises for 2023 remain higher than those in recent years, however.
By Kate Tornone • Dec. 2, 2022 -
Workers say they’d take a pay cut to keep their jobs if recession hits
The U.S. may not officially be in a recession, but that may not matter to workers, who say they’re already feeling pinched.
By Kathryn Moody • Dec. 1, 2022 -
A roundup on the state of compensation strategy
While hiring freezes and a rash of layoffs have left employees nervous, research by groups like WTW and Salary.com suggest pay will keep going up.
By Emilie Shumway • Dec. 1, 2022 -
Gartner: Fewer than one-third of employees believe their pay is fair
Despite employees’ perceptions, most organizations have reported to Gartner that they prioritize pay equity.
By Emilie Shumway • Nov. 29, 2022 -
MIT: Automation has tanked wages in manufacturing, clerical work
The findings come as organizations continue to build in pay increases for 2023.
By Ryan Golden • Nov. 29, 2022 -
Retirement benefits nearly as important as salary, survey finds
The COVID-19 pandemic thrust retirement savings into the limelight as workers looked for ways to secure financial stability during uncertain times.
By Ginger Christ • Nov. 28, 2022 -
DOL final rule allows ESG to factor in employer-sponsored retirement plans
The regs amend a 2020 rule issued by the Trump administration that DOL officials criticized for having a “chilling effect” on investors.
By Ryan Golden • Updated Dec. 1, 2022 -
HR largely complying with NYC pay transparency laws
Labor experts are highlighting all kinds of unintended consequences of salary disclosure.
By Caroline Colvin • Nov. 28, 2022 -
Job posts with pay transparency may save employers money
Including salary in a job posting is “one of the easiest ways to tweak your recruiting strategy,” said Andrew Flowers, a lead labor economist at Appcast.
By Ginger Christ • Nov. 22, 2022 -
Cigna to double its paid caregiver leave to 8 weeks
Even employees with access to caregiving benefits may struggle to take care of themselves, posing a challenge for HR pros tasked with prioritizing employee well-being.
By Kate Tornone • Nov. 22, 2022 -
How the pay ranges of 3 software engineering positions line up
At least for companies in locations where pay ranges are required, it's clear just how high those salaries can go.
By Lindsey Wilkinson • Nov. 21, 2022 -
Ed Brown. (2005). "Francis Perkins Building" [Photo]. Retrieved from Wikimedia Commons.
A ‘welcome development’: DOL proposes self-correction for retirement contribution mistakes
Some limits would apply; among other things, businesses could only use the program for lost earnings under $1,000.
By Kate Tornone • Nov. 21, 2022 -
WTW: Pay increases expected to hit 4.6%, despite recessionary woes
Even with high-profile layoffs many employers tightening their belts, the demand for talent remains strong.
By Emilie Shumway • Nov. 18, 2022 -
Remote work levels the playing field for caregivers, survey finds
“If we can get more men to lean into care at home, we have a better chance of closing that gender equity gap faster,” said Blessing Adesiyan, founder and CEO of Mother Honestly.
By Ginger Christ • Nov. 17, 2022 -
NYC proposes $23.82 hourly delivery worker wage by 2025
A proposed app-based delivery worker wage would initially rise to $17.87 in January from a reported hourly average of $7.09, excluding tips.
By Aneurin Canham-Clyne • Nov. 17, 2022 -
Why everyone is talking about transparency right now
Thanks to state legislation, potential federal regulation and employee pressure, “transparency” is this season’s watchword.
By Kathryn Moody • Nov. 15, 2022 -
Employees may be retiring later, but transition to ‘pre-retirement’ is a big factor
Nearly three-quarters of employees who had a very difficult time during the pandemic said they now plan to retire later in life, according to one survey.
By Laurel Kalser • Nov. 10, 2022 -
Salary transparency laws drive employers to address pay parity
Equity goals seemingly have new urgency in the age of compensation disclosures.
By Ginger Christ • Nov. 10, 2022 -
Midterms result in marijuana, minimum wage and right-to-work changes
While most eyes focused on congressional and gubernatorial races, a number of state and local ballot initiatives touched upon hot-button workplace issues.
By Ryan Golden • Nov. 9, 2022 -
Given pay transparency, 7 in 10 workers say they’d likely demand top of salary range
More than half of respondents to a ResumeBuilder survey also said they worried pay transparency would cause problems between co-workers.
By Emilie Shumway • Nov. 9, 2022 -
Paid sick leave reduces vaccine disparities, report finds
Vaccination rates are higher among workers in cities with paid sick leave policies.
By Ginger Christ • Nov. 8, 2022 -
DoorDash offers operators access to discounted learning, mental health benefits
DoorDash’s program is expected to help operators with recruitment, retention and staff development — issues that are among the top challenges for restaurateurs.
By Julie Littman • Nov. 8, 2022 -
Overtime rule heads into OT: DOL misses October goal for salary threshold update
The agency is still developing its proposal after a series of listening sessions earlier this year, a spokesperson told HR Dive Thursday.
By Ryan Golden • Nov. 7, 2022