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Work / Life Issues

Employers adjusting comp, perks to meet labor shortage

08/09/2022
Employers are paying employees more, giving increases at more frequent intervals, enhancing workplace flexibility and boosting training opportunities.

60% of employers helping staff manage financial stress

08/09/2022
Six in 10 employers have taken action to help employees weather today’s turbulent economy, according to a July study of 401(k) participants by the Charles Schwab brokerage.

Better benefits emerge as keys to retention

08/09/2022
The number of employees willing to pay for more generous benefits has rebounded following a dip during the pandemic. Those are among the key findings of a recent survey of more than 9,600 U.S. employees by the Willis Towers Watson consulting firm.

Ensure loan repayment perks comply with law

08/04/2022
Repaying workers’ student loans is one of the most valued new perks. Those benefits are about to become even more valuable.

Tell candidates about relocation incentives

07/28/2022
For decades, state governments have offered tax credits and other subsidies to lure employers to set up shop. It’s a relatively inexpensive way to diversify a state’s economy and create jobs. But recently, the changing nature of the labor market has forced states to switch gears.

More employers covering abortion travel costs

06/27/2022
In the wake of the U.S. Supreme Court’s June 24 landmark opinion in Dobbs v. Jackson Women’s Health—which overturned the 1973 Roe v. Wade decision that made abortion a constitutional right nationwide—dozens of large employers nationwide have announced plans to cover employees’ expenses if they need to travel to receive health care.

Snapshot: Telemedicine takes off

06/21/2022
Almost all employer-sponsored health plans now cover telemedicine, a dramatic increase since before the pandemic.

Survey: Pandemic has had lasting effects on benefits

06/14/2022
The lingering effects of the coronavirus pandemic continue to influence the benefits employers offer, according to the latest annual survey on the topic by the Society for Human Resource Management.

Benefits get more vital in recruiting, retention

05/26/2022
While pay continues to be the number one reason that Americans decide to remain with or join an employer, people are looking at health and retirement benefits as a more significant factor in recent years. As a result, employers are boosting those benefits to compete.

Remind employees: Don’t panic about market losses

05/24/2022
U.S. stocks have lost nearly 20% of their value this year, with the S&P 500 flirting with bear-market territory and the Dow Jones Average down nearly 15%. Employees invested in your retirement plan are undoubtedly nervous.