Comp & Benefits: Page 16
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Investment firm to pay $124M to settle 401(k) plan mismanagement allegations
The U.S. Department of Labor joined other parties in suing Ruane, Cunniff & Goldfarb Inc. in 2019.
By Ryan Golden • July 20, 2023 -
Workers still aren’t using their mental health benefits
The desire for employer-sponsored mental health benefits remains. So does the lack of understanding and access.
By Caroline Colvin • July 20, 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 -
Enrollment in Meijer’s education benefits ‘doubled’ since becoming tuition free
Education benefits strategy has evolved in recent years, experts previously said, with many shifting to a direct billing model to ease access for employees.
By Kathryn Moody • July 20, 2023 -
Employee attraction and retention efforts need more emotional intelligence, study shows
The Integrated Benefits Institute report comes as employers still struggle with expensive turnover.
By Carolyn Crist • July 20, 2023 -
Tyson Foods to subsidize employees’ child care at new facility
The new child care site will offer care to more than 100 children, reflecting ongoing efforts by employers to offer more holistic benefits to workers.
By Ginger Christ • July 19, 2023 -
How incomplete benefits packages ‘rob’ workplaces of talent
A potentially underrated benefits strategy: Employers can identify which factors are driving women from the workforce and seek to retain them accordingly.
By Caroline Colvin • July 18, 2023 -
Overtime rule arrives at White House, set to undergo review
The Department of Labor said last month it was targeting an August publication date for a proposal to update its FLSA overtime regulations.
By Ryan Golden • July 14, 2023 -
Kraft Heinz sues Aetna, says insurer breached ERISA fiduciary duties
Aetna wrongly retained millions in undisclosed fees and paid provider claims “that should have never been paid,” according to the lawsuit filed in a Texas federal court.
By Ryan Golden • July 13, 2023 -
WTW: Despite looming recession, pay raises still on the horizon for 2024
“While we are seeing lower salary increases forecasted for next year, they’re still well above the ones we’ve seen for the past 10 years,” one WTW researcher said.
By Caroline Colvin • July 13, 2023 -
Preventive care is important to workers, but many skip routine checkups, survey finds
Gen Z feels the least control over their health, yet are the most likely to skip annual wellness visits, according to a recent Aflac survey.
By Laurel Kalser • July 13, 2023 -
Amazon settles lawsuit alleging COBRA notices were threatening
A former employee alleged the company’s COBRA notices contained an unnecessary “ominous warning.”
By Ginger Christ • July 12, 2023 -
Workplace stress affects most workers despite employers’ efforts
By some estimates, employers invest tens of thousands of dollars annually in mental health care, but “they may only be applying a band-aid.”
By Ryan Golden • July 12, 2023 -
Maine to implement paid family and medical leave in 2026
Employees will be allowed to take family leave to care for individuals beyond biological or legal family members.
By Ginger Christ • July 11, 2023 -
Sponsored by Pelago
Substance use management: A personalized approach to health and well-being
A sea of support: The unique and pivotal role employers can play in addressing the substance use crisis.
By Yusuf Sherwani, M.D. CEO and Co-founder of Pelago • July 10, 2023 -
Shaky economy drives workers to dip into retirement accounts
Forty-one percent of workers expect future generations to struggle more in retirement, a recent survey found.
By Ginger Christ • July 7, 2023 -
DoorDash, Grubhub, Uber Eats sue NYC over minimum delivery pay hike
The wage rule requires delivery firms to pay workers $19.96 an hour by 2025, the latest development in regulatory battles between aggregators and the city.
By Aneurin Canham-Clyne • July 7, 2023 -
Illinois, Colorado up next in pay transparency law updates
The new laws state that employers must give current employees, not just job seekers, a fair shot at applying for newly posted jobs — with pay ranges.
By Caroline Colvin • July 6, 2023 -
Class action seeks to compel Twitter to arbitrate severance complaints
The company wants former employees to split the cost of arbitration. But under rules Twitter agreed to, it’s responsible for the costs.
By Robert Freedman • July 5, 2023 -
Amid push for family-focused benefits, vendor Tuned enters pediatric market
The company says children with hearing loss may be “overlooked” due to factors such as a lack of screening after birth.
By Ryan Golden • June 29, 2023 -
Pay transparency
Opaque pay, unclear expectations drive candidates to withdraw applications
Gen Z, millennials, Gen X and baby boomers were generally in agreement on deal breakers, a Robert Half study revealed.
By Laurel Kalser • June 29, 2023 -
Chobani ups minimum wage, offers childcare and eldercare stipend
Chobani’s expansion of its total rewards is in line with a move toward broader, more inclusive benefits by companies across the U.S. to attract and retain workers.
By Ginger Christ • June 22, 2023 -
Employers lean into family support benefits
On the other hand, businesses have deprioritized benefits like FSAs and home office stipends in the past year, a SHRM report shows.
By Kate Tornone • June 22, 2023 -
How to implement family-inclusive benefits for LGBTQ+ workers
The ideal package of family inclusive benefits for one company may not be the same for another, according to experts.
By Jen A. Miller • June 21, 2023 -
EEOC: Salary disparities ranging from $3K to $17K showed gender bias
A Wisconsin school district has agreed to pay $450,000 and raise employee salaries to settle the commission’s claims.
By Kate Tornone • June 20, 2023 -
Sponsored by Pelago
The stigma of substance use is hurting employees — and the businesses they work for
The staggering impact of workplace substance use: how employers can address stigma and cut costs.
By Yusuf Sherwani, M.D. CEO and Co-founder of Pelago • June 20, 2023