shrm.org
When employee compensation hasn’t kept up with competitive pay rates, show company leaders that the ‘check engine’ light is flashing red, using data on market-based pay rates and employee turnover.
over 2 years ago
shrm.org
Chief executive officers at the largest U.S. corporations saw their total compensation increase last year at the fastest pace since 2014, a new analysis shows.
over 2 years ago
wsj.com
The shortage of caregivers for the elderly is becoming a crisis.
about 2 years ago
shrm.org
Most U.S. organizations are planning a payroll budget increase of 4 percent or
more this year, and a plurality of organizations are growing their salary
merit-increase budgets by 5 percent or more, new research shows. Those increases
trail inflation.
about 2 years ago
shrm.org
Wages and salaries for private-sector workers rose 5.7% percent for the 12-month period ending in June, up from a 3.5% increase a year earlier, the government reported. The value of “real” inflation-adjusted private wages fell 3.1% for the same period.
about 2 years ago
shrm.org
Many workers misunderstand basic facts about health insurance and are unsure how to select the most appropriate plan during open enrollment. To address these needs, more employers are providing virtual education and online tools.
about 2 years ago
shrm.org
Lower gas prices help reduce the year-over-year Inflation rate as of the end of July 2022, while inflation-adjusted earnings still trail rising prices by a wide margin, the U.S. Bureau of Labor Statistics (BLS) reported.
about 2 years ago
Search by beat, location, outlet & position to find the right journalists for your story.
Sign up for freeshrm.org
Plan sponsors now have three more years to make plan amendments under the Setting Every Community Up for Retirement Enhancement (SECURE) Act and the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
about 2 years ago
shrm.org
The Inflation Reduction Act, while primarily a climate spending and tax package, contains prescription drug and Affordable Care Act marketplace provisions that could affect employers that sponsor group health plans.
about 2 years ago
shrm.org
The rise in costs for 2023 group health plans is forecast to be significantly higher than the increase for 2022 but to still lag overall inflation. Increasing access to quality providers and making prices more transparent are top employer goals.
about 2 years ago
shrm.org
President Joe Biden announced the federal government will repay up to $10,000 of student loan debt for those earning less than $125,000 annually. The administration’s action comes as employers are considering student debt assistance for the coming year.
about 2 years ago
mcall.com
Jared Jenkins spent the spring semester learning the Moravian University campus and getting to know his teammates. He started his first football game with the Greyhounds last week. Saturday will gi…
about 2 years ago
shrm.org
Nearly half of U.S. workers report inflation is making it difficult for them to pay for their benefits. During open enrollment, employers can help employees select the benefits that best fit their needs and budget.
about 2 years ago
shrm.org
Employees’ greater expectations for a supportive organizational culture are being reflected in higher pay for HR professionals. But these positions are susceptible to turnover, forcing employers to pay a premium for certain HR roles and skills.
about 2 years ago
shrm.org
Employers and employees have vastly different perceptions on how equal pay among men, women and underrepresented groups in the workplace is being achieved. They also differ on which executive officer should lead pay equity efforts, new research shows.
about 2 years ago
shrm.org
Hybrid work arrangements are seen by many as laudable examples of flexibility, but some are questioning how flexible these arrangements actually are when employers require all hands to be present on designated days of the week. Workers want autonomy.
about 2 years ago
shrm.org
With inflation outpacing salary gains, employers are feeling more responsible for employees’ financial wellness, a new study shows. Other research shows how retirement expectations differ among the generations.
almost 2 years ago
shrm.org
The IRS raised the top amounts of all seven federal income tax brackets for 2023, which could increase the paychecks of many employees by taxing more of their earnings at lower rates and influence employee decisions on paycheck withholding amounts.
almost 2 years ago
shrm.org
A handy chart showing 2023 benefit plan limits and thresholds: 401(k) plans,
health savings accounts, health and dependent care flexible spending accounts,
transit benefits and more.
almost 2 years ago
shrm.org
As organizations consider disclosing pay information to job candidates, they need to step back and think about better informing their current employees about the pay structure. Job seekers and current employees both want to know that they are being treate
almost 2 years ago
shrm.org
[METADESCRIPTION]
Four-day workweeks come with challenges, and they might not be right for all employers. But in a labor market where open positions still outnumber available workers, the four-day workweek could give companies an advantage in hiring.
almost 2 years ago