Comp & Benefits: Page 57
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AP: Median CEO pay rose to $12M in 2018
Compensation for CEOs at S&P 500 companies rose 7% last year, while median pay for workers at those companies rose 3%, according to a report.
By Lisa Burden • June 7, 2019 -
Women see their wages peak earlier and lower than men
PayScale observed a particularly negative impact on black women, whose average wage peak of $61,100 was the lowest of all measured groups.
By Valerie Bolden-Barrett • June 6, 2019 -
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 -
Walmart CEO backs higher federal minimum wage
"$7.25 is too low," Doug McMillon said in remarks delivered at the company's annual shareholder meeting Wednesday.
By Ryan Golden • June 6, 2019 -
Upping workers' comp payouts only mildly impacts health outcomes
A WCRI study found little relationship between increasing workers' comp and employee recovery and return-to-work speed.
By Jennifer Carsen • June 5, 2019 -
3D graphics skills emerge as key credential
Skills in the space are highly sought-after and command higher pay as employers struggle to fill roles, according to a recent report.
By Valerie Bolden-Barrett • June 5, 2019 -
Employee-owned firm tops Fairygodboss 'Best Companies for Women 2019' list
No. 1-ranked Pariveda Solutions created an Employee Stock Ownership Plan that it said now owns 34% of the company.
By Valerie Bolden-Barrett , Morgan Fecto • June 5, 2019 -
Bloomberg extends primary caregiver paid leave to 26 weeks
The policy also permits a phase-in period of one day off a week for 10 consecutive weeks immediately following the employee's return to work.
By Lisa Burden • June 4, 2019 -
Microsoft, Cigna and Intel get high marks for promoting community, family health
Employers that create a culture of health and well-being are in a good position to attract quality talent and retain existing workers.
By Valerie Bolden-Barrett • June 4, 2019 -
JPMorgan Chase pays $5M to settle dads' parental leave suit
Paid leave may be viewed as a leading-edge benefit offering in the U.S., but such policies can still create potential compliance problems.
By Ryan Golden • June 4, 2019 -
Employer alliance to tackle skyrocketing health care costs
Medicare-for-all is sometimes touted as a solution, but many employers say they're happy with their role in the system.
By Jennifer Carsen • June 4, 2019 -
EY says its female turnover dropped — thanks in part to equal leave for dads
Turnover for women 15 years ago was 15% higher than men's at EY; the difference is now between 0% to 2%, the company said.
By Valerie Bolden-Barrett • June 3, 2019 -
Maine mandates paid leave for any purpose
An attorney told HR Dive that Maine's "for any purpose" approach is the "next iteration of paid sick leave laws."
By Ryan Golden • June 3, 2019 -
Attracting qualified candidates is managers' top hiring hurdle
Hiring managers responding to a Robert Half poll also reported difficulty devising interview questions and negotiating salaries.
By Valerie Bolden-Barrett • May 31, 2019 -
Poor work-life balance, unrealistic demands stress out 60% of workers, study says
More than 33% of respondents said emails, text messages and social media updates helped make them mentally unproductive at work.
By Valerie Bolden-Barrett • May 30, 2019 -
Nearly one-fifth of small businesses would be affected by overtime rule change
An estimated 3.6% of workers employed by small business clients of Paychex would be newly eligible for overtime pay under the rule.
By Valerie Bolden-Barrett • May 30, 2019 -
SHRM backs overtime rule threshold with a few caveats
Among other asks, the organization requested DOL reconsider the proposed increase for the highly compensated employee exemption.
By Jennifer Carsen • May 29, 2019 -
PwC pays $25M to cut employees' student debt
PwC's repayment may only be a drop in the bucket for in-debt workers — especially for those with advanced degrees.
By Valerie Bolden-Barrett • May 29, 2019 -
Hourly workers want work-life balance over pay, survey shows
For employers, this desire may mean giving employees more control over their work schedules.
By Valerie Bolden-Barrett • May 29, 2019 -
Survey: Employers say workers value benefits, but they really prize pay
Research has confirmed workers' preference for pay — but they still value career development, flexible work schedules and company branding.
By Valerie Bolden-Barrett • May 28, 2019 -
Are employers' health and family-friendly benefits up to par?
A survey by Fairygodboss found that certain benefits can prompt women to have a more positive image of a company.
By Valerie Bolden-Barrett • May 28, 2019 -
US businesses plan to expand remote work options
But the nation's employers lagged behind global counterparts in offering flextime, according to a Condeco study.
By Valerie Bolden-Barrett • May 23, 2019 -
Good base pay, strong managers key to millennial retention
Millennials are far less apt to quit if they report to a highly rated supervisor or a female boss, a Mercer analysis showed.
By Valerie Bolden-Barrett • May 23, 2019 -
Connecticut to raise minimum wage to $15 an hour by 2023
In a statement, Gov. Ned Lamont said he intended to sign the bill into law.
By Valerie Bolden-Barrett • May 22, 2019 -
Big tech firms pay interns as much as $8K per month
As employers continue to shift their priorities to align with today's market conditions, students may be in more demand than ever.
By Riia O'Donnell • May 21, 2019 -
On average, employees spend 18 minutes enrolling in benefits
A report by PlanSource also found employees tend to wait until the end of open enrollment to sign up.
By Lisa Burden • May 20, 2019