Comp & Benefits: Page 10
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Most HR pros say RTO is creating a retention problem
The unhappiness wrought by return-to-office policies may be feeding in to a more general cloudiness in employee mood.
By Emilie Shumway • Dec. 8, 2023 -
Pay transparency laws risk colliding with antitrust concerns
HR leaders are being instructed to tread carefully when talking about wage and salary information among peers, even casually.
By Ramona Dzinkowski • Dec. 8, 2023 -
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 -
Want employees to use their benefits? Rebrand them, experts say.
“A lot of it is less in the design of the benefits, it’s more in the communication and marketing of them,” WTW’s Casey Hauch told HR Dive.
By Ginger Christ • Dec. 7, 2023 -
Deep Dive
How employers tackle the social determinants of work
Companies are seeing workers more holistically and looking for ways to meet them where they are.
By Ginger Christ • Dec. 5, 2023 -
WTW: Cost of US healthcare benefits expected to rise 8.9% in 2024
The cost increases are primarily due to medical professionals recommending too many services and insured members’ poor health habits, according to a WTW survey of leading insurers.
By Laurel Kalser • Dec. 3, 2023 -
Why EAPs go unused despite growing mental health awareness
Many factors contribute to the historic underutilization of employee assistance programs, despite their value as an access point to quality care.
By Ryan Golden • Dec. 1, 2023 -
DEI top priority for Coty as it expands global parental leave policy
The cosmetics and fragrance brand also said it had achieved its 2022 pay equity goal and has a gender pay equity gap of less than 2% across all its global management.
By Zoya Mirza • Dec. 1, 2023 -
BNY Mellon to boost minimum hourly wage to $22.50 in March
The bank is also expanding the mental health resources, to allow for up to 12 no-cost therapy sessions annually, up from five, BNY Mellon said Friday.
By Dan Ennis • Dec. 1, 2023 -
Adoption benefits on the rise
More than a third of U.S. companies offer paid adoption leave, per a SHRM benefits survey.
By Ginger Christ • Nov. 29, 2023 -
What drives worker fulfillment? Cash, apparently.
A strained economy has workers going back to the fundamentals.
By Emilie Shumway • Nov. 28, 2023 -
Average per-worker cost of health benefits rose by 5.2% in 2023: survey
Inflation is a contributor to the increase, but rising prescription drug costs are likely to have a longer-term impact, according to a Mercer report.
By Emily Olsen • Nov. 22, 2023 -
Subaru to raise wages after similar moves by nonunionized automakers
The decision impacts Subaru’s sole U.S. assembly plant in Lafayette, Indiana, which employs over 5,600 workers.
By Eric Walz • Nov. 20, 2023 -
Walgreens to close some stores for Thanksgiving, joining retail trend
The company’s decision was based in part on employee feedback, an executive said Thursday.
By Ryan Golden • Nov. 17, 2023 -
7 stories on child care and the workplace
The strain on working parents has received new attention recently.
By Emilie Shumway • Nov. 17, 2023 -
Pet insurance is the ‘in vogue’ voluntary employee benefit
Pet insurance transcends employer groups and industries, said Mercer’s voluntary benefits office leader.
By Ginger Christ • Nov. 16, 2023 -
Employers mull benefits coverage for weight-loss drugs after ‘exciting’ developments
Recent news about medications Zepbound and Wegovy are promising, but health plans have questions, one consultant told HR Dive.
By Ryan Golden • Nov. 16, 2023 -
Massachusetts considers 4-day workweek incentive
Companies would receive tax credits to offer employees four-day workweeks without a reduction in pay or benefits as part of a pilot program.
By Ginger Christ • Nov. 15, 2023 -
DailyPay wage payments delayed due to Friday snafu
The early wage access company didn’t immediately make some payments to workers because of a snag related to the Veterans Day holiday.
By Lynne Marek • Nov. 14, 2023 -
Hyundai is raising wages 25% by 2028 for production workers
The pay hikes will impact employees at the automaker’s assembly plant in Alabama and its electric vehicle factory in Georgia, which is under construction.
By Eric Walz • Nov. 14, 2023 -
Student loan debt makes workers more likely to job hunt, ADP researchers find
Repayment assistance — which gained steam in the years before the pandemic — may be one way employers can help as paused payments resume.
By Emilie Shumway • Nov. 14, 2023 -
The public dislikes tip pools, Pew finds
Tip pools have proved a controversial wage-and-hour topic, especially when back- and front-of-house staff are both included.
By Ryan Golden • Nov. 13, 2023 -
CEO-worker pay gap rising and ‘bad for business’: report
Recent research indicates CEO pay practices lead to governance issues as they spur “executive recklessness” such as mass layoffs, tax evasion and more that puts the economy at risk.
By Zoya Mirza • Nov. 13, 2023 -
Aflac CHRO: ‘Be reasonable’ about return to work
Be prepared to be flexible when implementing RTO policies, said Aflac’s CHRO Jeri Hawthorne.
By Ginger Christ • Nov. 9, 2023 -
Small businesses gain competitive edge from family-friendly benefits, report finds
Smaller firms increasingly offer health coverage, parental leave and flexible work options, according to The Best Place for Working Parents.
By Ryan Golden • Nov. 8, 2023 -
Healthcare financial strain is ‘widespread’ in US, study finds
The analysis adds to a growing body of research highlighting the burden of healthcare costs in the U.S., even for families with higher incomes.
By Emily Olsen • Nov. 8, 2023