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Compensation & Benefits

Don’t want a 401(k) plan? Beware state auto-enrollment laws

10/04/2023
If you don’t offer a 401(k) plan now, SECURE 2.0’s requirements may be enough to dissuade you from ever offering one. But this doesn’t mean you’re totally off the hook.

As bills come due, consider adding student-loan assistance benefits

10/02/2023
Many of your employees are about to face significant financial stress. After a three-year pause triggered by the pandemic, 43 million Americans must resume making payments on federal student loans this month.

November 2023: Employer’s business tax calendar

09/30/2023
Here’s your monthly guide to critical payroll due dates.

Take every opportunity to deliver positive feedback

09/27/2023
For some employees, hearing words of praise is better than a cash bonus—and such praise is a key reason people want to stay in their jobs. Yet many managers can muster up such phrases only during annual reviews … if at all. Here are 10 key ideas managers should consider when offering positive feedback to employees.

Consider addressing menopause care with your company’s portfolio of benefits

09/27/2023
According to a new study by the Mayo Clinic, employees going through menopause are more likely to miss work, cut back to part-time status or even quit. That can mean losing employees at an age when their experience and talent are at their peak.

Is your best benefits move cutting benefits?

09/27/2023
Are you still having trouble attracting enough qualified candidates for crucial open positions? If that’s the case, beware cutting back on benefits—especially those that show you are a desirable place to work.

Legal arguments take shape as business groups oppose new overtime rule

09/25/2023
The Department of Labor’s proposed rule to raise the white-collar overtime salary threshold to $55,068—up from the current $35,568—will almost certainly face legal challenges in coming months. Business advocacy groups and some conservative politicians have vowed to sue to prevent the rule from taking effect.

Walmart reverses course on pay, offering some new hires $1 less per hour

09/25/2023
New warehouse employees now earn about $1 less per hour than co-workers who were hired just a few months ago. Now their pay ranges from $13 to $19 per hour, depending on location.

Pre-autumn Friday wrap: MFA applies to EFTPS; the more MOUs, the merrier; e-filing updates; and more

09/22/2023
MFA for EFTPS deposits, new DOL MOUs and more acronyms to end the week.

Betting on a bonus? Not if you wagered on who’d get COVID

09/20/2023
In late 2020, Tyson Foods fired seven of its pork processing plant managers after they were caught betting on which of their employees would next get sick with COVID. Not content with leaving well enough alone, five of the seven fired managers sued Tyson Foods claiming that the company owed them a bonus payment.