Comp & Benefits: Page 31


  • A woman on a home laptop works on a budget.
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    Compensation budgets to rise slightly, but won't keep pace with inflation, Mercer says

    While most employers aren't adjusting their typical approach, some have shifted their plans in the wake of inflation and the Great Resignation.

    By Dec. 14, 2021
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    Courtesy of Taco Bell
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    Taco Bell to raise average minimum wage to $15 an hour by 2024

    The chain's wage boost will only impact employees at corporate-owned stores, and these workers will also receive complimentary therapy. 

    By Aneurin Canham-Clyne • Dec. 14, 2021
  • 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
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    skynesher via Getty Images
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    Survey: Employers turn to bonuses for critical, hard-to-fill roles

    "Only 2% of organizations offer a higher referral bonus for candidates from under-represented groups," according to WorldatWork, but more are considering the practice.

    By Carla Bell • Dec. 13, 2021
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    Justin Sullivan via Getty Images
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    Big brands' wage hikes drive up pay elsewhere, with 'small' job losses

    A research paper co-authored by a former WHD administrator found that employers adjust their minimum wages to match the larger brands around them.

    By Dec. 10, 2021
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    Courtesy of Shawmut Design and Construction
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    Q&A

    How one construction firm reached 100% pay equity, used tech to combat unconscious bias

    A focus on diversity and inclusion has resulted in a 35% female workforce. 

    By Joe Bousquin • Dec. 9, 2021
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    FatCamera via Getty Images
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    Opinion

    Fertility benefits can help retain talent, lower healthcare costs

    Such benefits can have positive outcomes for both employers and employees, writes Barbara Collura, president and CEO of RESOLVE: The National Infertility Association.

    By Barbara Collura • Dec. 8, 2021
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    Justin Sullivan via Getty Images
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    Pinterest to roll out paid time off for NICU parents

    The policy is part of a slate of parental benefits that includes adoption assistance, IVF support and time off for miscarriage.

    By Dec. 8, 2021
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    Justin Sullivan via Getty Images
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    DOL proposal may encourage retirement plan investors to consider environmental, social factors

    It's part of a broader federal initiative to "advance environmental justice" and address climate change, as well as a direct response to a Trump administration change.

    By Dec. 8, 2021
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    SDI Productions via Getty Images
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    Restaurant Law Center files suit against Biden administration's tip credit policy

    The National Restaurant Association's Restaurant Law Center and the Texas Restaurant Association allege the Department of Labor's changes to tipping regulation are arbitrary and capricious.

    By Alicia Kelso • Dec. 7, 2021
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    George Frey via Getty Images
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    Big company CEOs outearn employees by an average $1.2M, study says

    Despite criticism, the pay disparity between CEOs and other workers doesn't appear to be going anywhere.   

    By Dec. 7, 2021
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    iStock.com/v_rybakov

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    Sponsored by Nava

    The new policy that's (finally) bringing transparency to the benefits broker-employer relationship

    A full view into the true incentives that guide brokers' decision-making — the good, the bad and the costly.

    By Joe Donovan, Chief Revenue Officer and Benefits Consulting Lead at Nava • Dec. 6, 2021
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    SDI Productions via Getty Images
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    Small businesses raise wages at record pace

    As inflation rises and "help wanted" signs go unanswered, CFOs are raising wages at the fastest rate in many years.

    By Jim Tyson • Dec. 1, 2021
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    Photo by Canva Studio from Pexels

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    Unum: Workers to pay more attention during open enrollment this year

    Concern over finances and mental health will drive their choices, the benefits provider revealed.

    By Nov. 30, 2021
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    Rob Kim via Getty Images
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    MLB takes a swing at back-up child care, elder care benefits

    A key driver of employee turnover during the pandemic, caregiving has been the subject of numerous employer benefits initiatives in recent months.

    By Nov. 29, 2021
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    shapecharge via Getty Images
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    Opinion

    Paid leave is needed, but is it enough?

    Concerted efforts around long-term flexible work options may be just as important, writes one exec from Financial Health Network.

    By Matt Bahl • Nov. 29, 2021
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    Joe Raedle via Getty Images
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    Workers doubt employers' commitments to closing pay gaps

    Pay equity has come into the spotlight in recent years, prompting more organizations to say they conduct pay parity reviews.

    By Nov. 23, 2021
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    Alex Wong/Getty Images via Getty Images
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    DOL finalizes Jan. 30 deadline for $15 federal contractor minimum wage

    It has been nearly four months since DOL published its proposed rule.

    By Nov. 22, 2021
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    Mark Wilson via Getty Images
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    US tech salaries down slightly, but the market favors candidates

    A 1.1% decrease in average salaries comes down to demand, as companies need to hire junior candidates to fill senior roles. 

    By Brian Eastwood • Nov. 22, 2021
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    Yaroslav Astakhov/Shutterstock.com

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    Sponsored by Torchlight

    Cutting through the noise: 3 ways to make a big impact on employee wellbeing in 2022

    With burnout at an all-time high, how can HR leaders find the right solutions for their workforce?

    By Aimee Gindin, Head of Marketing and Strategy at Torchlight • Nov. 22, 2021
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    Brian Tucker/HR Dive
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    Mailbag: How do I handle salary ranges in job postings across state lines?

    Several states now require certain forms of pay range disclosure, but broader concerns about transparency need to be considered, attorneys told HR Dive.

    By Nov. 19, 2021
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    Opinion

    Mental health at work: How to turn awareness into action

    Business leaders have an obligation to prioritize mental health, writes Yahoo's head of global business partnering, talent and people operations.

    By Lisa Moore • Nov. 19, 2021
  • A woman on a home laptop works on a budget.
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    fizkes via Getty Images
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    Employers predict 3% increase for 2022 salary budgets

    The projection demonstrates a business-as-usual approach to salary budgeting despite employee demands for greater compensation.

    By Nov. 18, 2021
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    PeopleImages via Getty Images
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    What do employees say would reduce burnout? Less work

    "Both employers and employees are near the breaking point," according to Eagle Hill Consulting's CEO.

    By Nov. 18, 2021
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    Alex Wong via Getty Images
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    KPMG swaps 401(k) match for automatic, firm-funded contributions

    Employers — particularly large, visible employers — are showing more interest in employees' financial health.

    By Nov. 10, 2021
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    Zach Gibson via Getty Images
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    IRS bumps up workers' 401(k) contribution limit to $20,500

    Employers may be more interested in worker financial health, but they still struggle to encourage workers to save for retirement.

    By Nov. 10, 2021