Comp & Benefits: Page 19
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GE to pay $61M to settle 401(k) fund mismanagement allegations
The payout represents the “largest ever in an ERISA case alleging a retirement plan improperly offered proprietary funds,” according to the plaintiffs.
By Ryan Golden • Oct. 13, 2023 -
Open enrollment 2024: Best practices for HR
Year after year, surveys reveal that many employees don’t understand their benefits, and many fail to use them. How can HR help?
By Kate Tornone • Oct. 13, 2023 -
Explore the Trendlineâž”
Adeline Kon/HR DiveTrendlineInside 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 -
How the VA closed a 66% pay gap between public and private IT jobs
The agency moved to raise pay using a “people first, mission always” approach, Nathan Tierney, deputy CIO and CPO, told HR Dive.
By Ryan Golden • Oct. 12, 2023 -
California law gives workers 5 days of leave for reproductive loss
“Reproductive loss” includes failed adoption, failed surrogacy, miscarriage, stillbirth and unsuccessful assisted reproduction.
By Ginger Christ • Oct. 11, 2023 -
Most employees say they’re now in office full time — and they aren’t happy about it
Workers report finding ways to skirt in-office requirements, including via the new trend of “coffee badging.”
By Emilie Shumway • Oct. 10, 2023 -
Open enrollment
4 tips for implementing a thoughtful benefits strategy — and getting a strong ROI
From offering pet insurance to fertility care, employers need to be flexible to attract and retain workers, a human capital professional told HR Dive.
By Ginger Christ • Oct. 10, 2023 -
Open enrollment
Managers should tackle benefits education, experts say
Employees say they want to learn about benefits from their managers. Here’s how HR can help.
By Caroline Colvin • Oct. 10, 2023 -
Open enrollment
How Liberty Mutual rethought communications for open enrollment 2024
Employees typically rush through important benefits decisions, but a more holistic, human-centered approach could improve awareness of employers’ offerings.
By Ryan Golden • Updated Oct. 10, 2023 -
Opinion // Open enrollment
Spike in employer-sponsored healthcare enrollment only just beginning
Loss of Medicaid coverage will cause a rush among workers to join employer-sponsored plans, Christopher O'Shea of Sentinel Group writes.
By Christopher O’Shea • Oct. 10, 2023 -
Gender pay gap report earns Nobel Prize
The “E” in DEI is undeniably on the map.
By Caroline Colvin • Oct. 9, 2023 -
How employers can ease the mental load for working parents
Economics professor and parenting writer Emily Oster suggested ways employers can make a real difference for working parents.
By Emilie Shumway • Oct. 6, 2023 -
Photo by cottonbro via Pexels
Employ moms in D.C.? Here are 5 resources to send their way
Companies that employ working moms in D.C. have plenty of resources to supplement their benefits offerings.
By Caroline Colvin • Oct. 5, 2023 -
Employers predict ‘modest’ 3.9% pay increases for 2024
Employers also said they plan to promote 8.7% of their employee population next year — spending part of their compensation budgets on related pay increases.
By Laurel Kalser • Oct. 4, 2023 -
Despite economic uncertainty, most workers still plan to ask for a raise
And employers say they’re willing to pony up.
By Emilie Shumway • Oct. 3, 2023 -
Financial strain is up, yet workers remain cautiously optimistic, Bank of America finds
Financial wellness among employees fell to 42%, the lowest it's been in at least 13 years, the report found.
By Ginger Christ • Oct. 3, 2023 -
Judge rejects employer’s argument that DOL’s FLSA salary test is illegal
An Austin, Texas, restaurant operator claimed the agency lacked statutory authority to set a minimum salary threshold for executive, administrative and professional employees.
By Ryan Golden • Sept. 29, 2023 -
Pandemic-era child care funding runs out Saturday. HR has an opportunity to step in.
At the National Maternal and Infant Health Summit on Sept. 19, advocates, labor professionals and politicians imbued their panels with a sense of urgency.
By Caroline Colvin • Sept. 28, 2023 -
As a ‘child care cliff’ approaches, employers look to boost caregiver benefits
Though full-time remote work is set to go away for some workers, their caregiving needs will not.
By Ryan Golden • Sept. 28, 2023 -
Employers to slow gain in salary budgets to 3.9% in 2024
The increase in inflation-adjusted wages has steadily declined since June, along with many measures of overall price pressures.
By Jim Tyson • Sept. 25, 2023 -
Lactation pods keep nursing moms on the jobsite
The spaces give women privacy for pumping breast milk, an action that is covered by the federal PUMP Act that went into effect late last year.
By Jennifer Goodman • Sept. 25, 2023 -
Deep Dive
Working parents need a village — and employers must be part of it, advocates say
D.C. Mayor Muriel Bowser, local government officials and the DOL women’s bureau chief spoke at the National Maternal & Infant Health Summit.
By Caroline Colvin • Sept. 21, 2023 -
54% of workers didn’t negotiate most recent job salary
Salary negotiation varies by industry but seems similar across genders, according to Glassdoor data.
By Carolyn Crist • Sept. 21, 2023 -
Q&A
How one Goldman Sachs HR pro — and mom of 5 — champions working parents
Shekhinah Bass’ career is a case study for what caregivers can accomplish with the right employer benefits package.
By Caroline Colvin • Sept. 20, 2023 -
Few workers are thriving in their jobs, survey says
Happy workers are nearly twice as likely to prioritize work effectively, solve problems creatively and put a lot of time and energy into tasks, Indeed found.
By Emilie Shumway • Sept. 19, 2023 -
Report: Baby boomers most likely to prefer flexible, remote work
Less than a quarter of baby boomers support in-office work, the study found.
By Ginger Christ • Sept. 19, 2023