Comp & Benefits: Page 7
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Column // Happy Hour
Unique work perks are the name of the game
From tuition reimbursement to fertility benefits to flexible work arrangements, companies are trying to create attractive total rewards packages.
By Ginger Christ • March 29, 2024 -
CHROs eye new well-being benefits for 2024 amid declining engagement
Well-being budgets are largely stable this year as well, The Conference Board’s CHRO Confidence Index found.
By Ryan Golden • March 28, 2024 -
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 -
The economy may be in flux, but workers still expect competitive pay, report shows
Transparent pay practices and meaningful raises are now essential to retaining talent, but many organizations aren’t keeping up, Payscale’s CPO noted.
By Laurel Kalser • March 28, 2024 -
Healthcare companies expand perks to recruit talent: report
The increase stands in contrast to other industries, which have cut back on extra offerings year over year.
By Susanna Vogel • March 27, 2024 -
New Jersey healthcare company introduces upfront tuition coverage for employees
Healthcare organizations are offering new L&D opportunities to attract and retain workers after post-pandemic turnover rates rocked the industry.
By Carolyn Crist • March 26, 2024 -
Sponsored by Motus
Workers are changing. Here are 5 things your company should know about what your mobile workers want out of their reimbursements
Finding the right vehicle program partner—one that meets business needs and keeps employees happy—isn't easy. Learn what to look for in a vendor and how the right one makes all the difference.
March 26, 2024 -
Deep Dive
Cars are king of the commute. But employers may have a once-in-a-generation chance to change that.
A perhaps overlooked element of the return-to-office conversation: How employees get to work in the first place.
By Ryan Golden , Shaun Lucas , Julia Himmel • Updated March 26, 2024 -
Gartner: 71% of finance leaders plan for raises to outpace inflation in 2024
CFOs’ plans indicate “how tight the labor market is right now and how important it is to find and retain top talent,” a Gartner chief researcher said.
By Ginger Christ • March 22, 2024 -
Employees want more benefits support amid ‘permacrisis,’ MetLife survey finds
Employees who felt supported at work were 60% more likely to say they intended to stay at the company, per the survey.
By Ginger Christ • March 20, 2024 -
How menopausal and other reproductive health benefits can help retain women
Data shows that fertility treatments are extremely valuable to workers who need them. Here’s why one people officer is working on integrating them.
By Caroline Colvin • March 20, 2024 -
40% of US workers with employer-sponsored insurance say they delay healthcare over cost
Healthcare insurance no longer guarantees access to care, the CEO and founder of Paytient said.
By Ginger Christ • March 19, 2024 -
In the US, companies may lead the ‘right to disconnect’ movement, leaders say
Ultimately, “right to disconnect” laws are about company culture, said Alan King, president and CEO of Workplace Options.
By Ginger Christ • March 18, 2024 -
Cornell University employees ask SCOTUS to address retirement plan circuit split
The case concerns whether ERISA plaintiffs must “plead and prove additional elements and facts not contained” in the law’s text.
By Ryan Golden • March 15, 2024 -
Pay transparency
Emerging from a ‘black box’: How salary transparency affects every state
National Women’s Law Center researchers said it was “notable” that states without disclosure laws showed an increase in transparency, as well.
By Caroline Colvin • March 15, 2024 -
Extra cash for in-office work? HR should think more broadly about pay, experts say
What an employee contributes is more often a factor in compensation plans than where work is done.
By Ryan Golden • March 14, 2024 -
Requests for paid time off hit 4-year high, but approvals lag
The data shows the workforce isn’t shy about asking for PTO, a trend that’s likely to continue, one BambooHR executive said.
By Laurel Kalser • March 14, 2024 -
What is the ‘magic trifecta’ of employee benefits?
Fifty-nine percent of U.S. workers said they have “benefits envy” of friends’ and family members’ coverage, a Perceptyx survey found.
By Ginger Christ • March 11, 2024 -
Subway franchisees pay $218K for allegedly pocketing employees’ tips
A DOL investigation found managers and owners illegally participated in employee tip pools and manually adjusted hours to avoid paying overtime.
By Ginger Christ • March 8, 2024 -
Biden calls for paid leave, minimum wage hike in State of the Union
The president also focused on job creation in manufacturing and infrastructure, noting that some such jobs don’t require college degrees.
By Kate Tornone • March 8, 2024 -
Insured workers report thousands of dollars in medical debt
Survey findings highlight a need for employers to focus on physical and financial wellness, a report says.
By Caroline Colvin • March 7, 2024 -
Few employers change abortion coverage after Dobbs v. Jackson
Of the large firms that provide health benefits, 10% don’t cover abortions under any circumstance in their largest plan, and 18% only cover abortions in limited circumstances.
By Ginger Christ • March 5, 2024 -
Some employers consider offering help with housing payments
One in four employees say they would switch jobs to gain this benefit.
By Mary Salmonsen • March 5, 2024 -
Deep Dive
Johnson & Johnson drug benefits suit ‘absolutely’ a wake-up call for employers, exec says
Employer health plans are being held to account for drug costs, but they may lack key information when negotiating with pharmacy benefit managers and similar intermediaries.
By Ryan Golden • Feb. 29, 2024 -
Survey: More than half of workers say their paychecks aren’t keeping up with inflation
Many of those surveyed also said they’re in a more stressful financial position than they were a year ago.
By Ginger Christ • Feb. 28, 2024 -
Deep Dive
Why giving birth is so dangerous for Black people — and how employers can help
Connecting pregnant workers with supporters who fiercely advocate for their health and interests may improve outcomes and allow employees to focus on what matters.
By Emilie Shumway • Feb. 28, 2024