Comp & Benefits: Page 6
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Garden leave could add value as noncompete alternative
Paying outgoing employees to remain as a resource while a replacement gets up to speed could gain currency as companies seek new ways to protect their interests.
By Robert Freedman • May 9, 2024 -
Courtesy of Meijer
Meijer expands military leave benefits
The company’s new offerings mirror steps other employers have taken to specialize benefits for military personnel and veterans.
By Ginger Christ • May 9, 2024 -
Explore the Trendline➔
Adeline Kon/HR Dive
TrendlineInside 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 -
Max Kegfire via Getty Images
More companies are tying ESG metrics to executive compensation: WTW
Despite political blowback in the U.S., companies are increasingly incorporating ESG metrics into performance measures, according to the insurance services provider.
By Suman Bhattacharyya • May 9, 2024 -
Warren Little via Getty Images
Employees say they expect employers to invest in their well-being
But as employee well-being rates stagnate, employers may need a new approach to boost productivity and retention, The Conference Board said.
By Carolyn Crist • May 6, 2024 -
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Sponsored by FinFit3 benefits driving ‘material change’ in workers’ finances this year
Workplace financial benefits evolve in 2024, expanding beyond education to meet employees' demands for greater support.
May 6, 2024 -
Adeline Kon/HR Dive
Identity of HR 2024Why ‘nontraditional’ benefits are on the rise and how HR can make them work
Finding perks employees value is a top priority, sources said, but HR teams have to rely on several parts of the organization to find what sticks.
By Ryan Golden • May 2, 2024 -
AndreyPopov via Getty Images
Companies cut salary budget increases to 3.6%, trim promotions: Mercer
Employers’ plans to reduce salary increases align with data showing economic growth slowed to just 1.6% last quarter, far less than expected.
By Jim Tyson • April 29, 2024 -
Cleveland Clinic
Offering housing assistance is more than a benefit, employers say
Housing assistance programs not only help strengthen the community around the workplace, but can also serve as an attraction and retention tool.
By Ginger Christ • April 25, 2024 -
David Dee Delgado via Getty Images
Delta Air Lines raises starting wage to $19 per hour, increases pay by 5%
The pay raise comes amid a union-organizing campaign among the company’s flight attendants.
By Emilie Shumway • April 24, 2024 -
Caroline Colvin/HR Dive
DOL’s ‘unprecedented,’ two-pronged overtime rule adds new HR wrinkles
Employers must decide whether to incrementally comply with the rule’s salary threshold updates or move straight to compliance with the higher 2025 threshold, attorneys told HR Dive.
By Ryan Golden • April 24, 2024 -
Alex Wong via Getty Images
New retirement security final rule will protect workers from improper advice and investments, DOL says
The rule updates the definition of investment advice fiduciary that was adopted in 1975 and will go into effect Sept. 23.
By Ginger Christ • April 23, 2024 -
Caroline Colvin/HR Dive
DOL will raise overtime salary threshold to $44K in July, $59K next year
The final rule expands overtime pay eligibility to millions of U.S. workers, the department said.
By Ryan Golden • April 23, 2024 -
Caroline Colvin/HR Dive
Employer groups ask court to vacate DOL independent contractor rule
The department’s rule “injects new inconsistencies and incoherence into the analysis of independent contractor status,” the groups said in a lawsuit filed Wednesday.
By Ryan Golden • April 19, 2024 -
Kevin Dietsch via Getty Images
Most workers not confident they’ll retire by their mid-60s, survey finds
The spectrum of research on retirement benefits has revealed growing financial anxiety in recent years that is felt unevenly across demographic groups.
By Ryan Golden • April 19, 2024 -
Michael M. Santiago / Staff via Getty Images
Chipotle agrees to nearly $3M settlement over alleged paid leave and scheduling violations in Seattle
The settlement is the largest since the Secure Scheduling Ordinance went into effect in July 2017, the Seattle Office of Labor Standards said.
By Ginger Christ • April 18, 2024 -
Ray Tan via Getty Images
Earned wage access providers seek to steer state legislation
Payactiv, DailyPay and other earned wage access providers teamed up in calling on the governor of Kansas to pass legislation similar to laws recently enacted in three other states.
By Lynne Marek • April 15, 2024 -
Mario Tama / Getty via Getty Images
Employers take ‘wait-and-see’ approach on expanding GLP-1 drug coverage
Drugs like Zepbound and Wegovy have demonstrated some health benefits, but plans are unsure about employee interest and long-term benefit, experts said.
By Ryan Golden • April 11, 2024 -
Kate Tornone/HR Dive
Final overtime rule clears White House review
DOL’s proposed rule, if adopted, would increase the minimum annual salary threshold that determines overtime pay eligibility under the Fair Labor Standards Act from $35,568 to $55,068.
By Ryan Golden • Updated April 11, 2024 -
gorodenkoff via Getty Images
Cybersecurity jobs pay well, ISC2 says, but gender disparities persist
Apart from the pay gap, women remain vastly underrepresented in cybersecurity, other reports show.
By Matt Kapko • April 11, 2024 -
Delmaine Donson via Getty Images
Job flexibility, security may promote work-related mental health, study says
Certain workplace changes may reduce work stress and encourage workers to seek services when needed.
By Carolyn Crist • April 9, 2024 -
Chip Somodevilla via Getty Images
Virginia governor vetoes state’s paid family, medical leave bill
SB 373 would have covered 80% of eligible employees’ weekly wages for up to eight weeks over a 12-month period.
By Ryan Golden • April 8, 2024 -
SDI Productions via Getty Images
Sponsored by FinFitWhen employees are financially unstable, quality and safety suffer
Extensive financial hardships are even impacting workers at work, which should alarm employers.
April 8, 2024 -
Permission granted by Fuel Transport
Fuel Transport rolls out 35-hour workweek for some employees
Shortened workweeks may have once been a fringe idea in the U.S., but they’re gaining traction — even in the political world.
By Ryan Golden • April 4, 2024 -
Getty Archive Photos via Getty Images
Why more than 50 environmental justice organizations are conducting pay audits
National Parks Conservation Association, Sierra Club and World Wildlife Fund are among the big names who have signed onto the Green 2.0 pledge.
By Caroline Colvin • April 3, 2024 -
Edgar BJ via Getty Images
Child care benefits ‘pay for themselves,’ analysis finds
A study of five companies found that child care benefits improved retention, reduced absences and bolstered morale.
By Emilie Shumway • March 29, 2024
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