Comp & Benefits: Page 31
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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 Emilie Shumway • Dec. 14, 2021 -
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 -
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 -
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 -
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 Katie Clarey • Dec. 10, 2021 -
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 -
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 -
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 Emilie Shumway • Dec. 8, 2021 -
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 Ryan Golden • Dec. 8, 2021 -
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 -
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 Emilie Shumway • Dec. 7, 2021 -
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 -
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 -
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 Katie Clarey • Nov. 30, 2021 -
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 Ryan Golden • Nov. 29, 2021 -
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 -
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 Kathryn Moody • Nov. 23, 2021 -
DOL finalizes Jan. 30 deadline for $15 federal contractor minimum wage
It has been nearly four months since DOL published its proposed rule.
By Ryan Golden • Nov. 22, 2021 -
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 -
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 -
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 Ryan Golden • Nov. 19, 2021 -
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 -
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 Emilie Shumway • Nov. 18, 2021 -
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 Emilie Shumway • Nov. 18, 2021 -
KPMG swaps 401(k) match for automatic, firm-funded contributions
Employers — particularly large, visible employers — are showing more interest in employees' financial health.
By Katie Clarey • Nov. 10, 2021 -
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 Katie Clarey • Nov. 10, 2021