Comp & Benefits: Page 30


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    2023 could be ‘banner year’ for pay increases, survey finds

    Despite the potential for an economic downturn, employers are considering plans to avoid losing their talent investments.

    By Sept. 12, 2022
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    Justin Sullivan via Getty Images
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    Wells Fargo to pay $145M to settle Labor probe into 401(k) plan

    The plan paid between $1,033 and $1,090 per share for Wells Fargo preferred stock that had a set value of $1,000, the DOL found.

    By Dan Ennis • Sept. 12, 2022
  • 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
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    Photo by Marcus Aurelius from Pexels

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    Salary freezes, pay cuts top worker concerns amid a recession

    Workers remain in control of the job market, Workhuman’s research indicates.

    By Sept. 8, 2022
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    Photo by Ketut Subiyanto on Pexels

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    6 ways to support caregiving employees — beyond leave

    There’s a close link between talent retention and caregiving support, panelists at the Disability Management Employer Coalition’s annual conference emphasized last week.

    By Sept. 7, 2022
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    Justin Sullivan via Getty Images
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    Restaurants wonder what’s next as Newsom signs fast food council bill

    The National Restaurant Association vowed to fight against what organized labor heralded as one of the biggest changes to labor law in decades.

    By Aneurin Canham-Clyne • Sept. 6, 2022
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    bunditinay via Getty Images
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    Eagle Hill: Nearly half of US workers are not taking vacation

    Employees cited expense and workload as key factors, and Eagle Hill Consulting’s Melissa Jezior said the trend is concerning.

    By Sept. 2, 2022
  • A cork board displays a list of job postings for various departments.
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    Justin Sullivan via Getty Images
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    Tight labor market is driving job post transparency, iHire survey finds

    To attract applicants, more employers are including salary ranges and contact information in their job postings, the job board said.

    By Sept. 1, 2022
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    Wavebreakmedia via Getty Images
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    Paid leave can reduce mortality rates, research finds

    The study’s authors said state preemption laws could be contributing to a “worrisome” trend.

    By Sept. 1, 2022
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    Stock Photo via Getty Images
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    California strengthens pay transparency, reporting mandates

    Gov. Gavin Newsom signed SB 1162 into law Tuesday.

    By Updated Sept. 28, 2022
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    Photo by Liza Summer from Pexels

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    Lack of mental health care access a ‘wake-up call,’ staffing firm says

    The availability of mental health benefits does not always mean employees will use them.

    By Aug. 31, 2022
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    Photo by Anna Shvets from Pexels

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    Abortion access is influencing the job search, Resume Builder says

    Those seeking work in healthcare, education and life sciences were more likely to report job-searching in states with legal abortion.

    By Aug. 26, 2022
  • SEC Chairman Gary Gensler
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    Brendan Smialowski via Getty Images
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    SEC adopts pay-versus-performance disclosure rules

    The rules, revived from a 2015 proposal, requires companies to include a table tracking both executive compensation and financial performance indicators for a five-year period.

    By Grace Noto • Aug. 26, 2022
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    Vitanovski via Getty Images
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    Why cancer could be 2023’s top threat to employer health plans

    “We have a lot of concern that this situation may actually worsen,” an executive at the Business Group on Health said Tuesday.

    By Aug. 25, 2022
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    shironosov via Getty Images
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    Museum association will require employers to disclose salaries on its job board

    The emergence of pay transparency has been a “welcome change,” one consultant told HR Dive, despite the wrinkles the trend may introduce.

    By Aug. 24, 2022
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    Spencer Platt via Getty Images
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    H-2B visa holders at risk for wage exploitation, EPI says

    Industries that employ the majority of H-2B visa holders have accounted for nearly $1.8 billion in wage and hour violations during the past two decades, the think tank said.

    By Aug. 24, 2022
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    PeopleImages via Getty Images
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    How to write a total compensation statement

    Including things like the value of insurance benefits makes sense. Turning over the couch cushions for every single potential cent does not.

    By Jen A. Miller • Aug. 23, 2022
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    Adobe Stock | Drobot Dean

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    Sponsored by CloudPay

    What is pay on-demand and does your business need it?

    Pay on-demand represents a major shift in how employees are paid. It offers an opportunity to change pay for the better.

    By Judith Lamb, Chief HR Officer, CloudPay • Aug. 22, 2022
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    Drazen Zigic via Getty Images
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    Pay transparency, remote jobs may lower recruitment costs, vendor says

    Transparency is one piece of the larger pay puzzle, which has only become more complex as the Great Resignation drags on.

    By Aug. 19, 2022
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    Photoboyko via Getty Images
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    How to pull off a companywide ‘week of rest’

    The planning starts five months ahead of time, HubSpot’s senior director of culture told HR Dive.

    By Aug. 18, 2022
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    Ethan Miller via Getty Images
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    Taco Bell franchisee to settle arbitration case that went before SCOTUS

    The news may spell the end for one of the Supreme Court’s trio of arbitration cases from its last term.

    By Aug. 16, 2022
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    SDI Productions via Getty Images
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    Mercer: Employers expect increased healthcare costs in 2023

    Years of upheaval wrought by COVID-19 have left their mark on the healthcare ecosystem.

    By Aug. 12, 2022
  • A pregnant person sits smiling on a couch with a set of toys on a table.
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    Tassii via Getty Images
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    Most women say unpaid maternity leave would deplete their savings, survey finds

    Workers in lower-paid roles — those arguably most in need of paid parental leave — are least likely to have access to the benefit.

    By Aug. 12, 2022
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    VioletaStoimenova via Getty Images
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    Indeed: Signing bonuses still prevalent as hiring intensity cools

    A tight talent market and high inflation have reminded employers that cash is still king, at least in some ways.

    By Aug. 12, 2022
  • President Joe Biden stands at a podium under a painting of Abraham Lincoln
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    Anna Moneymaker/Getty Images via Getty Images
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    Employer advocates worry Inflation Reduction Act could increase health plan costs

    The bill would allow Medicare to negotiate drug prices, which could lead pharmaceutical companies to charge employer plans more, a source at the Business Group on Health told HR Dive.

    By Aug. 11, 2022
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    Rrraum via Getty Images
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    Pay boosts and better training are key strategies to tackle talent crunch, WTW says

    Adjusting compensation philosophies to meet long-term concerns is a challenge, especially in a high-inflation market, various studies have shown.

    By Laurel Kalser • Aug. 11, 2022