Comp & Benefits: Page 2

  • A person in front of shopping cart scanners in a store
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    Courtesy of Sam's Club
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    Sam’s Club bumps starting wage to $16, accelerates increases for front-line workers

    As employers focus on retention, compensation is a crucial piece of that puzzle.

    By • Sept. 17, 2024
  • A nurse is seen caring for a patient just out of view.
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    Brandon Bell / Staff via Getty Images
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    Mercer: Healthcare costs expected to climb more than 5% for third straight year

    An imbalance between the number of healthcare workers and the demand for services is driving prices up, a Mercer actuary said.

    By • Sept. 16, 2024
  • Explore the Trendline➔
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    Adeline Kon/HR Dive
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    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
  • Team of business people working at the office
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    Hispanolistic via Getty Images
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    Sponsored by VSP® Vision Care

    4 ways vision benefits are a recruitment and retention tool

    One in every two employees struggles with at least one eye issue.

    Sept. 16, 2024
  • A person walks toward the door of the U.S. Department of Labor building.
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    Kate Tornone/HR Dive
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    5th Circuit signs off on DOL’s overtime salary basis test

    The court’s decision may not be the last word on the issue, however, one attorney told HR Dive.

    By • Sept. 13, 2024
  • The exterior of the Labor Department building, with a sign that says "United States Department of Labor"
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    Alex Wong via Getty Images
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    3rd Circuit revives lawsuit against DOL’s home care wage-and-hour final rule

    The agency argued that a lawsuit filed by several home care companies was barred by a federal statute of limitations, but the court disagreed, overturning a district court decision.

    By • Sept. 12, 2024
  • Back view of female colleagues in formal wear standing near window looking at modern exterior of skyscrapers in business center.
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    GaudiLab via Getty Images
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    Executive benefits key to retaining leaders, report finds

    NFP’s data showed that only 29% of respondents said they fully understood their benefits, however.

    By • Sept. 12, 2024
  • money
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    Toshe_O via Getty Images
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    Salary budgets could grow at near-record pace for 2025

    Despite a drop in hiring, employers told The Conference Board that elevated salaries will continue.

    By Carolyn Crist • Sept. 12, 2024
  • Bank of America CEO Brian Moynihan speaks during a Congressional hearing, with people in the background behind him
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    Win McNamee / Staff via Getty Images
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    Bank of America boosts minimum hourly wage to $24

    The move puts the Charlotte, North Carolina-based lender presumably one raise away from its long-held goal of lifting its pay floor to $25 per hour by next year.

    By Dan Ennis • Sept. 11, 2024
  • The White House in Washington DC at summer day.
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    lucky-photographer via Getty Images
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    Biden administration finalizes rule raising mental health coverage standards for private plans

    The rule gives additional teeth to an almost 16-year-old law meant to force health insurers to cover mental health and substance use benefits at the same level as physical healthcare.

    By Rebecca Pifer • Sept. 10, 2024
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    Scott Olson / Staff via Getty Images
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    Pay increases at small businesses dip below 3% for the first time in years

    The small business labor market — which can be a leading indicator for the broader market — shows signs of cooling, according to Paychex.

    By • Sept. 10, 2024
  • swimmers swimming in opposite directions
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    Thomas Barwick via Getty Images
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    Sponsored by Aon

    Empowering employees to make better health plan decisions

    As U.S. employers balance costs with providing employees more value from their benefits, creating an open healthcare enrollment process that includes more choice and guidance can accomplish both goals. 

    By Amy Robbins, Benefit Experience Strategy Leader, Health Solutions, Aon and Alexandra Stirling, Benefit Experience Product Development Leader, Health Solutions, Aon • Sept. 9, 2024
  • Consumer Financial Protection Bureau Director Rohit Chopra testifies before the Senate Banking, Housing and Urban Affairs Committee April 26, 2022 in Washington, DC.
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    Win McNamee via Getty Images
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    CFPB slammed with earned wage access commentary

    The Consumer Financial Protection Bureau asked for public feedback on its earned wage access rule proposal, and it got an earful.

    By Lynne Marek • Sept. 6, 2024
  • Exterior of grocery store
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    Sam Silverstein/HR Dive
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    Aldi plans to raise pay, hire more than 13K new employees

    The fast-growing discount grocer will raise its national average hourly pay for associates with starting wages for store and warehouse roles being raised to $18 and $23 per hour, respectively.

    By Peyton Bigora • Sept. 5, 2024
  • A close-up of an investment portfolio document is pictured.
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    jondpatton via Getty Images
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    Middle class workers fear outliving their retirement savings, report finds

    Those surveyed said they faced competing financial priorities, including paying off debt and covering basic living expenses.

    By • Sept. 5, 2024
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    Permission granted by Commute with Enterprise
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    Sponsored by Commute with Enterprise

    From pain to perk: How to change the conversation on commuting to the workplace

    Mike Mangan, VP of Commute with Enterprise, discusses how to influence the conversation on commuting.

    By Mike Mangan, Vice President of Commute with Enterprise • Sept. 3, 2024
  • Surgeon General Vivek Murthy speaks at Congressional hearing
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    Anna Moneymaker via Getty Images
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    Stressed US parents need help from their employers, surgeon general says

    Dr. Vivek Murthy published an advisory Wednesday calling on organizations to offer paid leave, managerial training and mental healthcare access.

    By • Aug. 29, 2024
  • Hands holding a paycheck with a laptop in the background.
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    AndreyPopov via Getty Images
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    3 in 5 US workers report living paycheck to paycheck, survey finds

    Similarly, 78% of employers said their workers are financially stressed, the report found.

    By • Aug. 28, 2024
  • A Black pregnant woman rests in a living room while holding her belly.
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    Ridofranz via Getty Images
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    Fertility benefits are on the rise: report

    Stakeholders have long emphasized the positive impact of such benefits on recruiting and retention.

    By • Aug. 27, 2024
  • An exterior shot of the U.S. Department of Labor's headquarters.
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    Kate Tornone/HR Dive
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    5th Circuit tosses DOL’s tip credit final rule

    The department’s “80/20” guidance for dual job workers is inconsistent with the Fair Labor Standards Act, the court held.

    By , Aneurin Canham-Clyne • Aug. 26, 2024
  • A person pets a dog as they sit at lawn table and do work on a laptop. They are in the yard of a Mediterranean villa.
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    Ross Helen via Getty Images
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    Quiet vacations are making a splash — and may signal work-life imbalance

    “The biggest problem for employers … is that their most engaged employees are more likely to work on vacation,” one expert said.

    By • Aug. 26, 2024
  • Consultation with the nutritionist
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    andreswd via Getty Images
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    Sponsored by Calibrate

    Beyond diet and exercise: How effective weight loss management helps save on healthcare costs

    Effective weight management is more than just medication. Learn how a comprehensive weight management solution can benefit your employees and your bottom line.

    Aug. 26, 2024
  • Senators Debbie Stabenow, Chuck Schumer and Ron Wyden hold press conference on 401(k) plans.
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    Drew Angerer via Getty Images
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    ERISA turns 50 soon. Experts say its evolution isn’t over yet.

    Originally aimed at securing private pension plans, the 1974 law has expanded to encompass other retirement plans as well as healthcare benefits.

    By • Aug. 26, 2024
  • Consumer Financial Protection Bureau Director Rohit Chopra
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    Anna Moneymaker / Staff via Getty Images
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    EWA providers crusade against CFPB rule proposal

    Earned wage access providers that backed state laws friendly to the industry are preparing for a fight over the Consumer Financial Protection Bureau’s plan to treat such payments like loans.

    By Lynne Marek • Aug. 22, 2024
  • Boxes bearing the brand name Wegovy are arranged on a table.
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    Scott Olson via Getty Images
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    Weight loss drugs fuel large employers’ healthcare cost concerns for 2025, survey finds

    More than half of employers in the Business Group on Health’s annual survey said GLP-1 drugs were impacting costs to a “very great” or “great” extent.

    By • Aug. 22, 2024
  • Two moms greet their kids and walk with them home from the school bus stop in their rural neighborhood.
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    Fly View Productions via Getty Images
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    44% of single parents miss out on job interviews because of scheduling conflicts, survey finds

    Anticipated problems with scheduling have led nearly two-thirds of single parents to question if they should apply for jobs, a recent survey found.

    By • Aug. 21, 2024