Comp & Benefits: Page 32
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Wall Street bonuses could crater up to 40% this year
One consultancy predicted 2022 will prove a challenging year for banks "as employers grapple with negative impact from return to office, high inflation, and lower incentives."
By Robin Bradley • May 6, 2022 -
Bank of America, JPMorgan, Goldman consider abortion travel policies
"With all things like this, we look at what our team needs from us," Bank of America CEO Brian Moynihan told CBS. A leaked Supreme Court draft opinion ignited a political firestorm tied to the possible overturn of Roe v. Wade.
By Anna Hrushka • May 6, 2022 -
Explore the Trendline➔
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 -
Q&A
Why one company is giving its office workers a day off for Mother's Day
Fashion company Kendra Scott also provides an on-site playroom for kids and a grant program to help parents cover the cost of child care.
By Emilie Shumway • May 6, 2022 -
Employers can track financial benefit uptake by race to boost equity: Mercer
Martin Luther King Jr.'s long arc of the moral universe that bends toward justice sometimes needs a hammer, said thinkLaw Founder and CEO Colin Seale.
By Carla Bell • May 4, 2022 -
Q&A
Sittercity CPO talks pay equity audits, total rewards
Erin Yarnall's tips for engagement? "We answer every difficult question that comes our way."
By Caroline Colvin • May 4, 2022 -
Noodles & Company's new employee benefits include immigration reimbursement
The noodle chain is offering six new work perks as part of a larger new brand positioning called "Uncommon Goodness."
By Alicia Kelso • May 4, 2022 -
Amazon joins Yelp, Citigroup in providing abortion travel benefits
Following the leaked SCOTUS opinion, Amazon rolled out coverage for abortion travel.
By Caroline Colvin • May 3, 2022 -
How one employer is helping caregivers, 2 years into the pandemic
Traliant VP of HR Maggie Smith uses employee surveys to build scalable solutions for parents and other caregivers.
By Katie Clarey • May 3, 2022 -
Fidelity debuts 401(k) bitcoin option on the heels of DOL warning
The company said it is seeing growing interest in digital assets from plan sponsors.
By Kate Tornone • April 28, 2022 -
Employers are reevaluating health benefits amid tight labor market, survey finds
Improving affordability, providing virtual care and boosting mental health offerings will be top priorities for U.S. employers over the next two years, according to a Willis Towers Watson report.
By Susan Kelly • April 27, 2022 -
LinkedIn survey: Higher pay, better benefits are key drivers for HR job-changers
Skills gained through this work are malleable, easy to market and transferable to any sector, said Susan Lee, a people operations manager in NYC.
By Carla Bell • April 26, 2022 -
Photo by Alexander Suhorucov from Pexels
Young women out-earn young men in several US cities, Pew says
Men still make more on average than women, but in 22 metro areas, women under 30 are earning more than their male counterparts.
By Laurel Kalser • April 20, 2022 -
For some employers, pay equity is nonnegotiable — literally
When a candidate proposed a lower-than-average salary, one employer was transparent that the role paid more. "The person was very surprised."
By Katie Clarey • April 19, 2022 -
Women shoulder office housework, pay gap, survey shows
Almost half of women surveyed said they feel underpaid compared to male co-workers.
By Caroline Colvin • April 19, 2022 -
Column
Back to Basics: HR's need-to-know guide to ERISA
To learn the ins and outs of the statute, HR Dive chatted with Cassandra Labbees, a member at Epstein Becker Green.
By Katie Clarey • April 19, 2022 -
Pay, health benefits beat flexible work in winning new hires
While employees are swayed most by pay and bonuses, an increasing percentage of workers said healthcare and retirement benefits are key to whether they stay or go, a survey found.
By Maura Webber Sadovi • April 18, 2022 -
Worker expectations push employers to address pay compression, survey finds
During one of the most candidate-friendly job markets in recent memory, few HR conversations have been upended in quite the same fashion as pay.
By Ryan Golden • April 18, 2022 -
Interns see 37% pay bump at a number of top banks: data
Interns at Citi, Bank of America, Goldman Sachs, Morgan Stanley and Capital One receive more than $8,000 a month, according to data from Wall Street Oasis and Glassdoor.
By Robin Bradley • April 18, 2022 -
'The iron is hot' for exploring a 4-day workweek, Qualtrics exec says
But employees are split on whether it would harm sales, revenue and customer relationships.
By Emilie Shumway • April 13, 2022 -
Study: 1 in 6 UK parents feel 'constrained' by managers after requesting parental leave
Parental leave can be a strong tool for both recruiting and retention, research shows.
By Carla Bell • April 11, 2022 -
Walmart will pay up to $110,000 for long-haul drivers
The company also opened a path for supply chain workers in Delaware and Texas to earn CDLs through a training program.
By Colin Campbell • April 8, 2022 -
Chick-fil-A awards $24M in college scholarships to nearly 12,700 employees
The program gives scholarships to recipients upfront without a tuition reimbursement requirement, and without minimums on hours worked or length of service.
By Alicia Kelso • April 7, 2022 -
Citigroup caught in political crosshairs over travel benefit for employees to access abortion
The policy has drawn the ire of some Congressional Republicans, who are insisting Congress drop the company as a financial services provider.
By Emilie Shumway • April 7, 2022 -
Employers will turn to well-being strategies to support reopening plans, survey shows
Employee well-being took a direct hit from the pandemic, and employers have acknowledged shortcomings in their support programs during that time.
By Ryan Golden • April 4, 2022 -
Opinion
Employers can help children experiencing mental health crises
The ongoing national crisis in child and teen mental health requires a thoughtful and robust strategy — and employers have a role to play, writes Dr. Dena Bravata.
By Dena Bravata • March 31, 2022