Flexible work arrangements are work programs that enable flexibility in work schedules or the place of work. These arrangements are hugely popular among employees, mainly because they promote work-life balance. FWAs are critical to retention, … Read More
Before the pandemic, about half of American workers were working from home — more than double the fraction who worked from home at least occasionally in 2017-18. While some jobs just can’t be done at … Read More
Below are some especially unusual benefits. Of course, no company offers all of these, and only a few may be practical for your company. The idea is to get you thinking about what you can … Read More
Telecommuting is a work arrangement that enables employees to perform their job duties at an approved alternative work site — typically, from home. Though telecommuting has made huge strides over the past decade, its adoption … Read More
Compensation management is a specialized HR discipline that involves the planning, development and implementation of monetary (e.g., wages) and nonmonetary (e.g., benefits) pay strategies. The goal is to enact consistent policies that promote equitable compensation … Read More
Do you have employees who live in one state and work in another? You may run into this if: Your company is located near a state border. You have employees who travel to job sites … Read More
Unemployment benefits are provided through a federal-state unemployment program, which is funded largely by federal and state taxes imposed on employers. The Internal Revenue Service enforces federal unemployment tax laws. The state unemployment agency oversees … Read More
You might decide to move an employee from hourly to salary because he or she has been promoted or given more responsibilities. Or maybe you want to simplify payroll-cost estimation, as salaried employees are usually … Read More
Every year, the IRS takes a fresh look at 401(k) contribution limits and makes changes as necessary. Below are some of the more significant changes for 2020: Contribution limits for employees who participate in 401(k) plans, … Read More
Can Employees Discuss Their Salaries at Work? To prevent this outcome, you might consider developing a policy that prohibits employees from discussing their pay with their co-workers. But before you do that, remember that you may run afoul of federal law.
Commuter benefits are fringe benefits that allow employees to set aside pretax money to pay for work-related transportation costs. Generally, for employees to use the benefit, their employer must set up a commuter, or transportation, benefits plan that meets the requirements of Section 132(f) of the Internal Revenue Code.
Smart companies are always taking a fresh look at the employee benefits they’re offering. Here is what employee perks are trending – and what you might want to consider adding to your company’s benefits package. … Read More