Comp & Benefits: Page 12
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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 Ginger Christ • Nov. 16, 2023 -
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 Ryan Golden • Nov. 16, 2023 -
Trendline
Top trends in compensation
Between employee expectations and legislative mandates, compensation professionals have their work cut out for them.
By HR Dive staff -
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 Ginger Christ • Nov. 15, 2023 -
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 -
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 -
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 Emilie Shumway • Nov. 14, 2023 -
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 Ryan Golden • Nov. 13, 2023 -
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 -
Aflac CHRO: ‘Be reasonable’ about return to work
Be prepared to be flexible when implementing RTO policies, said Aflac’s CHRO Jeri Hawthorne.
By Ginger Christ • Nov. 9, 2023 -
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 Ryan Golden • Nov. 8, 2023 -
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 -
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 -
‘Good benefits’ helped with retention this year, Workhuman finds
While interest in remote work may be waning, employees still say they want flexibility.
By Emilie Shumway • Nov. 7, 2023 -
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 -
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 Ryan Golden • Nov. 3, 2023 -
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 Emilie Shumway • Nov. 2, 2023 -
IRS bumps 401(k) contribution limit to $23K for 2024
The $500 increase comes amid widely felt inflation and rampant financial anxiety.
By Caroline Colvin • Nov. 1, 2023 -
4-day workweek postings are increasing but still rare, Indeed says
Most job ads with a 4-day workweek are growing in in-person fields instead of remote-focused areas, according to the report.
By Carolyn Crist • Nov. 1, 2023 -
Is the 4% raise the new normal?
The worker shortage brought on by the pandemic hasn’t completely gone away, leaving compensation still something of a Wild West, experts said.
By Jen A. Miller • Oct. 31, 2023 -
Can my sick days be used for my kids?
It comes down to employer policy and state law, an employment attorney told HR Dive.
By Caroline Colvin • Oct. 30, 2023 -
Walmart’s doula benefits go nationwide
Since Roe v. Wade’s reversal, many employers have been more active in championing workers’ reproductive health.
By Caroline Colvin • Oct. 26, 2023 -
Working moms report child care difficulties 3 days per month, creating a retention problem
Employers can mitigate retention and inclusion concerns, however, with child care benefits and flexibility, research indicates.
By Kate Tornone • Oct. 26, 2023 -
Column
Pregnancy’s 1st trimester can be hell — but employers are rarely privy to it. Here are 4 ways to help.
Imagine working through a heinous stomach flu. In secret. For months straight.
By Emilie Shumway • Oct. 26, 2023 -
Employers say they’re working to balance employee needs against predicted 6.4% increase in healthcare costs
Navigating that tension won't be simple, Courtney Stubblefield of WTW said.
By Ginger Christ • Oct. 25, 2023 -
Pfizer to pay $2M to resolve allegations that the company underpaid women
Federal regulators alleged that the company discriminated against 86 employees by paying them less than comparable workers who are men.
By Ryan Golden • Oct. 23, 2023