Comp & Benefits: Page 21
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CFOs plan to cut staff, increase hiring budgets
Concern about higher wages and a skilled labor shortage are foremost in CFOs minds as they grapple with continued economic headwinds.
By Grace Noto • Jan. 17, 2023 -
Microsoft moves to unlimited PTO, citing flexibility benefits
The benefit is a rare employer offering, according to the Society for Human Resource Management.
By Ryan Golden • Jan. 17, 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 -
Home Depot will pay employees to the minute
The policy change follows a class-action suit alleging workers were underpaid.
By Emilie Shumway • Jan. 13, 2023 -
DOL: Home healthcare firm to pay $3.8M in back wages, damages
“DOL was ruthless and hell-bent on driving TriMED out of business,” owner Beverly Jordan told HR Dive.
By Caroline Colvin • Jan. 12, 2023 -
Employers make 15 corrections per pay period on average, costing thousands annually, EY says
A single type of error — missing or incorrect time punches — costs companies about $78,700 per 1,000 employees per year.
By Emilie Shumway • Jan. 12, 2023 -
Some California tech firms post wide pay ranges in wake of new law
Just shy of 50% of California tech companies are in compliance with the new salary range law, according to a new tracker.
By Ginger Christ • Jan. 11, 2023 -
New website aggregates tech salary ranges in California and New York City
Comprehensive.io was launched in part to help employers “figure out what salary range to use,” a LinkedIn post from the company stated.
By Lindsey Wilkinson • Jan. 10, 2023 -
Some pandemic-era work solutions ‘should be made permanent,’ UN labor report says
Workplace policies implemented during the COVID-19 pandemic could improve workers’ lives if adopted for the long term, the report said.
By Ginger Christ • Jan. 9, 2023 -
Despite rash of layoffs, employees remain confident going into 2023
Monster’s Work Watch Report also found hiring is still strong — suggesting workers may be right to feel assured.
By Emilie Shumway • Jan. 6, 2023 -
Class-action alleges UnitedHealthcare underpaid out-of-network providers
The lawsuit claims the company’s payment scheme violates the terms of members’ plans and ERISA.
By Emilie Shumway • Jan. 5, 2023 -
Employers’ unused PTO problem may be getting even worse
Workers left an estimated 28% of PTO unused in 2019, according to Sorbet. This year, that share jumped to 55%.
By Ryan Golden • Dec. 22, 2022 -
More companies are trying out 4-day workweeks — and not turning back
One advocate says reduced-hour weeks could become the norm in the next decade.
By Ginger Christ • Dec. 21, 2022 -
How employee benefits can boost feelings of belonging
Employee benefits can signal an employer’s DEI values — or work against them.
By Chris Gaetano • Dec. 21, 2022 -
Employers unsatisfied with performance management programs: WTW
But there are actions employers can take, starting with training, enabling and equipping managers to effectively evaluate performance.
By Laurel Kalser • Dec. 21, 2022 -
Sponsored by Accolade
3 reasons HR leaders should look for a strong partner ecosystem
Learn how partner ecosystems can help employers improve the employee experience and drive engagement.
Dec. 19, 2022 -
Stork Club announces trans-inclusive reproductive health benefits
CEO Jeni Mayorskaya highlighted the program as a tool to “enable employers to attract and retain top diverse talent.”
By Caroline Colvin • Dec. 16, 2022 -
Deep Dive
Want to retain new parents? Focus on the return-to-work phase.
“You completely change as a human being … but you also change as an employee,” Melissa Wirt, CEO and founder of Latched Mama, told HR Dive.
By Emilie Shumway • Dec. 15, 2022 -
Mercer: Workers will continue to inform benefit offerings into 2023
In 2022, employer benefit strategy was driven by employee demand and the desire to attract new hires. Next year’s benefits landscape will likely be the same.
By Caroline Colvin • Dec. 12, 2022 -
Hilton’s CHRO on how purpose drives the company’s HR strategy
The company’s leaders see its mission as “holy,” Hilton’s executive VP and CHRO said at the U.S. Chamber of Commerce’s Talent Forward summit.
By Emilie Shumway • Dec. 9, 2022 -
How US maternal mortality is an HR issue
Two Mercer researchers told HR Dive about their findings, including how employers can address disproportionately poor outcomes for Black and Indigenous birthing parents.
By Caroline Colvin • Dec. 8, 2022 -
Inflation prompts workers to cut back on retirement. What can employers do?
As employees struggle financially, it may be time to reassess funding and investment strategies — or whether to terminate plans altogether.
By Ryan Golden • Dec. 8, 2022 -
Zillow expands parental leave to 20 weeks
While many have worried about a recessionary cutback in parental leave benefits, experts have said the panic may be overblown.
By Emilie Shumway • Dec. 7, 2022 -
Salaries aren’t keeping pace with inflation, workers say
Employers’ planned raises for 2023 remain higher than those in recent years, however.
By Kate Tornone • Dec. 2, 2022 -
Workers say they’d take a pay cut to keep their jobs if recession hits
The U.S. may not officially be in a recession, but that may not matter to workers, who say they’re already feeling pinched.
By Kathryn Moody • Dec. 1, 2022 -
A roundup on the state of compensation strategy
While hiring freezes and a rash of layoffs have left employees nervous, research by groups like WTW and Salary.com suggest pay will keep going up.
By Emilie Shumway • Dec. 1, 2022