Comp & Benefits
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This week in 5 numbers: Workers are detached and feeling stuck
Here’s a roundup of numbers from the last week of HR news — including more degree-free jobs being offered in California.
By Ginger Christ • Dec. 19, 2024 -
3 in 5 companies plan to award holiday bonuses this year
Employees, however, say they would prefer a shorter workweek or fully covered health insurance over a holiday cash boost, a recent report found.
By Ginger Christ • Dec. 18, 2024 -
Trendline
Inside the rapidly changing world of employee benefits
As employers prioritize retention, benefits remain a crucial piece of business’ employee value propositions.
By HR Dive staff -
3 in 4 employers aren’t prepared for pay transparency laws
By the end of 2026, at least 14 U.S. states, four Canadian provinces and all European Union countries will have pay transparency laws in place.
By Ginger Christ • Dec. 17, 2024 -
Starbucks expands parental leave up to 18 weeks
Improving its benefits and reputation as an employer are key to the brand’s long-term turnaround, CEO Brian Niccol said.
By Aneurin Canham-Clyne • Dec. 17, 2024 -
DOL withdraws tip credit rule
The news comes months after the 5th Circuit vacated the U.S. Department of Labor’s effort to institute an “80/20” framework for dual-job workers.
By Ryan Golden • Updated Dec. 16, 2024 -
Netflix HR exec says ‘we have not pulled back’ parental leave policy despite report
The Wall Street Journal said Thursday that the company rolled back its policy permitting “unlimited” leave to employees for the first year after their child’s birth.
By Ryan Golden • Dec. 13, 2024 -
Election creates uncertainty for employee benefits, WTW analysts say
Some regulatory actions should proceed as planned, but the Trump administration is likely to shift priorities on topics like healthcare, according to the firm’s Dec. 4 virtual event.
By Ryan Golden • Dec. 12, 2024 -
Half of women retirees say retirement is pricier than they expected
The majority say they wish they had started saving sooner.
By Ginger Christ • Dec. 11, 2024 -
Deloitte employees with H-1B visas were paid 10% less than US workers, report finds
Researchers wanted to address a debate over whether U.S. accounting firms hiring H-1B workers were doing so to find needed workers or to save on wages.
By Ginger Christ • Dec. 10, 2024 -
Base pay has grown for restaurant workers, report finds
A steady rise in base wages has shrunk tips as a proportion of compensation, but the median tipped worker still gets $14.48 an hour in tips, per ADP.
By Aneurin Canham-Clyne • Dec. 10, 2024 -
Sponsored by Transcarent
Welcome to marketing, Team HR! Human resources is the new marketing.
When it comes to benefits, HR leaders’ goal of creating awareness and driving utilization is a marketing function.
By Janine Gianfredi, Chief Marketing Officer, Transcarent • Dec. 9, 2024 -
Column // Pay transparency
Back to Basics: What is HR’s role in pay transparency?
Several states have implemented pay disclosure requirements, but HR should go beyond compliance and create overarching pay philosophies, attorneys at a SHRM event said.
By Ryan Golden • Dec. 6, 2024 -
Nearing 2025, almost half of workers expect to leave some vacation time unused
A recent survey contains “mixed messages” about what employees want from their time-off policies, said Eagle Hill Consulting’s Melissa Jezior.
By Ryan Golden • Dec. 5, 2024 -
Ohio State reverses hundreds of workers’ raises after DOL’s overtime rule overturned
Workers who received increased pay in November and December will revert to their original salary in January, the university said.
By Ginger Christ • Dec. 3, 2024 -
Nearly a quarter of Americans are underinsured: report
The vast majority of people who reported being underinsured received their coverage through their employers, according to a survey by the Commonwealth Fund.
By Emily Olsen • Nov. 27, 2024 -
DOL: The cost of child care is more than rent in some U.S. counties
In most counties, child care prices were high relative to family income, potentially pricing many families out of paid child care, the U.S. Department of Labor said.
By Laurel Kalser • Nov. 26, 2024 -
Companies express ‘cautious optimism’ about executive compensation for 2025
Most leaders and HR pros expect to provide the same or higher salary increases as they did in 2024, according to Pearl Meyer.
By Carolyn Crist • Nov. 25, 2024 -
Healthcare costs are going to increase by double digits — again, per WTW
While some factors are out of employers’ control, it’s up to companies to balance rising costs with budget expectations, experts said.
By Caroline Colvin • Nov. 21, 2024 -
1 in 5 workers would turn down a job without unlimited PTO, survey finds
Only 16% of employees reported having unlimited paid time off, the survey said.
By Ginger Christ • Nov. 21, 2024 -
GLP-1 drug coverage for obesity making inroads with large employers: Mercer
In 2024, coverage for obesity drugs increased to 44% among employers with 500 or more workers, compared to 41% last year, a new survey found.
By Ginger Christ • Nov. 20, 2024 -
Feds fine logistics company for failing to include bonuses in workers’ overtime rates
Overtime miscalculations are among the most common violations found in U.S. Department of Labor investigations, an official said Nov. 15.
By Ryan Golden • Nov. 18, 2024 -
Sponsored by Transcarent
The employer’s dilemma solved: Our iPhone moment is here
How benefit leaders can solve for rising healthcare costs and declining outcomes with generative AI.
By Philia Swam, Senior Director, Total Rewards, Transcarent • Nov. 18, 2024 -
No link between telehealth and low-value services in primary care: study
The findings may alleviate concerns that virtual care could increase unnecessary or wasteful services.
By Emily Olsen • Nov. 14, 2024 -
Photoroom’s CEO says training workers on salary negotiation pays off
The training goes a long way toward pay equity because it helps level the playing field for workers, Photoroom’s CEO and co-founder said.
By Ginger Christ • Nov. 14, 2024 -
Wall Street bonuses expected to grow across all sectors, consultant finds
Investment banking debt underwriters could see a surge in annual payouts up to 35% due to revenues booming on debt issuance growth, a report published by Johnson Associates said.
By Rajashree Chakravarty • Nov. 12, 2024