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Compensation & Benefits

Hazard pay is back—and so are its risks

Covid-19 cases are spiking again and employers are again beginning to offer hazard pay. In some cases, workers are demanding even higher pay and greater safety protections than before. How employers respond and structure round two of hazard pay may have lasting impact on operations.

Jeff Bezos: Call it work/life harmony

I know if I am energized at work, happy at work, feeling like I’m adding value, part of a team, whatever energizes you, that makes me better at home. Likewise, if I’m happy at home, it makes me a better employee, a better boss.

Employers look to add value to retirement plans

Employers are eyeing a variety of new retirement plan features to enhance employees’ overall financial wellbeing, according to a new survey by Willis Towers Watson.

A shot in the arm is worth two questions, at least

Can you require employees to get vaccinated? And must your group health plan cover the expense cost-free to employees?

More bonuses this year, but probably worth less

Eighty-one percent of employers reported they would offer at least some employees a bonus or holiday gift this year.

DOL: Include covid hazard pay when determining overtime rate

Employers must factor coronavirus-related hazard pay into an employee’s regular rate of pay when calculating how much to pay for overtime hours.

JPMorgan Chase to pay $9.8 mil for pay bias

The U.S. Department of Labor’s Office of Federal Contract Compliance Programs has been at the forefront of confronting pay disparities between men and women. Lately the OFCCP has been on a roll.

W-2 reporting: Some good news and bad news from the IRS

When filing your 2020 W-2 forms, the IRS says the e-filing threshold will stay at 250, meaning organizations filing 250 or more W-2s must file electronically. The bad news: W-2 filing will be complicated this time around.

FFCRA to expire Dec. 31: Will it be extended?

When Congress passed the Families First Coronavirus Response Act in March, it set the law to expire on Dec. 31. The virus is still raging and Congress is now considering extending into 2021 the law.

Employees flock to virtual health care during pandemic

Employee use of virtual health care has surged during the pandemic, with most employees giving the level of care high marks, according to a new survey by the Willis Towers Watson consulting firm.