Comp & Benefits: Page 15

  • A "now hiring" sign is posted in a restaurant window, advertising an hourly pay rate of $20 to $30 per hour.
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    Pay transparency can narrow the gender pay gap — but may not close it

    “Some people still deny that gender even matters in negotiations,” one researcher said. And while it apparently does, “it’s not the end all, be all.”

    By Carolyn Crist • Aug. 23, 2023
  • A red stop-work order is taped to a Boston Market door.
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    Kate Tornone/HR Dive
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    New Jersey orders 27 Boston Market locations closed for wage violations

    The state’s department of labor said it issued a stop-work order after receiving nearly three dozen complaints.

    By • Aug. 21, 2023
  • A businesswoman calculating finances in an office Explore the Trendline➔
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    PeopleImages via Getty Images
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    Trendline

    Top trends in compensation

    Between employee expectations and legislative mandates, compensation professionals have their work cut out for them.

    By HR Dive staff
  • Deira Ward (L) and Lisa Bates (R) work at a computer near a large PCR analysis machine at a Quest Diagnostics testing lab in Indianapolis, Indiana. The lab is capable of processing up to 3700 tests pe
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    Jon Cherry via Getty Images
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    More than half of healthcare employees consider themselves inadequately compensated, report finds

    The divide between professionals who felt fairly compensated and those who didn't was less than 5%, but almost half of healthcare workers surveyed said they had less than $1,000 in savings.

    By Brian T. Horowitz • Aug. 21, 2023
  • A close-up of the creamy exterior of the Department of Labor building.
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    Caroline Colvin/HR Dive
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    Labor Department to host compliance seminars for Davis-Bacon rule change

    The agency’s updated prevailing wage regulation takes effect Oct. 23.

    By Zachary Phillips • Aug. 17, 2023
  • A woman references the information on her laptop to fill out a job application at the coffee shop.
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    SDI Productions via Getty Images
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    As 401(k) hardship withdrawals spike, employers weigh emergency savings benefits

    Employees are prioritizing short-term expenses over long-term saving at the moment, a Bank of America executive said.

    By • Aug. 17, 2023
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    Opinion

    How to avoid FLSA violations when requiring workers to use PTO

    A recent court ruling may contain lessons for employers that would like to use workers’ PTO to cover hours not worked, writes Linda Bond Edwards, of counsel with RumbergerKirk.

    By Linda Bond Edwards • Aug. 16, 2023
  • Illinois Governor J.B. Pritzker speaks at podium
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    Scott Olson via Getty Images
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    Pay transparency

    Illinois pay transparency law mandates pay scale, benefits in job postings

    The expanded pay transparency law will go into effect Jan. 1, 2025.

    By • Aug. 15, 2023
  • Hand with a stack of hundred US dollars bills, close up
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    Vadym Petrochenko via Getty Images
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    CEOs plan to raise wages at least 3%, Conference Board says

    U.S. companies across a range of industries seek to gain an edge in an unusually tight labor market by increasing pay.

    By Jim Tyson • Aug. 15, 2023
  • A sign is seen outside of an Amazon Go store at the Amazon.com Inc. headquarters on May 20, 2021 in Seattle, Washington.
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    David Ryder via Getty Images
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    Amazon expands fertility benefit to workers in 50 countries

    Fertility benefits have gathered steam as a new frontier for large employers, with various providers making it easier for companies to offer access to all employees.

    By • Aug. 14, 2023
  • Exterior of Google HQ
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    Justin Sullivan via Getty Images
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    Google to pay $8.4 million in overtime settlement

    The employer allegedly calculated overtime pay rates incorrectly for workers, thereby shorting staff of wages. In 2018, it paid $5.5 million to settle a different overtime suit.

    By • Aug. 10, 2023
  • A Kroger associate wear the grocer's apron and heart logo.
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    Courtesy of Kroger
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    Kroger pledges expanded employee resources if Albertsons merger gets approved

    The grocer said it would extend its continuing education reimbursement and financial coaching programs to the combined companies’ more than 700,000 workers.

    By Peyton Bigora • Aug. 10, 2023
  • Construction workers talking
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    kali9 via Getty Images
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    North Carolina construction company pays $1.6M following DOL misclassification lawsuit

    R&R Construction Maintenance of North Carolina misclassified the employees as independent contractors, violating the FLSA, the agency said.

    By • Aug. 9, 2023
  • Dark-skinned hand moves chess pieces across a board
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    Africa Images via Getty Images
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    Estate planning benefits remain mysterious for most workers

    Workers reported that employer-sponsored legal services would make the process more accessible.

    By • Aug. 8, 2023
  • A Black person holds flowers and looks at the camera
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    Photo by Dziana Hasanbekava from Pexels

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    As Gen Z grows up, benefits strategy should be mindful

    The reality of a multigenerational workforce challenges “the historical one-size-fits-most approach to benefits design,” EY and Limra researchers said.

    By • Aug. 7, 2023
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    EAH FLORES/Stocksy via Getty Images
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    Sponsored by Pelago

    Addressing substance misuse in the workplace: A real-world case study

    By implementing an effective substance use management program, this top 10 health technology company decreased alcohol use, improved mental health and generated a powerful return on investment.

    Aug. 7, 2023
  • A pair of baseball players walks past third base on the infield, with another player and second base in the background.
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    fredrocko via Getty Images
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    MLB pays $185M to settle minor leaguers’ FLSA minimum wage, OT claims

    In the suit, which dates back to 2014, a group of former and current minor leaguers alleged MLB’s clubs did not pay them for all hours worked.

    By • Aug. 3, 2023
  • A Woman in Plaid Blazer Using Her Laptop
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    Photo by Tima Miroshnichenko from Pexels

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    To retire, workers believe they need $1.27M saved

    While readiness is improving, a disparity still exists between what workers think they will need to retire and what they’ve actually saved, according to Northwest Mutual.

    By • Aug. 3, 2023
  • Header image for "GDP Contracts 0.9%, Fed Raises Rates 0.75% As Tightening Cycle Continues"
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    Getty Images via Getty Images
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    Payscale: Most companies plan 3.8% employee raises for 2024

    The new normal in compensation increases could be 3.5%-4%, a Payscale pay strategist said.

    By • July 27, 2023
  • Walmart storefront.
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    Kaarin Vembar/HR Dive
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    Walmart partners with Khan Academy on financial literacy course for employees

    The free virtual course includes training on personal finance skills and financial wellness, which have been in demand by employees generally.

    By Carolyn Crist • July 27, 2023
  • U.S. Government Accountability Office
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    "Government Accountability Office Building" by kafka4prez is licensed under CC BY-SA 2.0
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    Government watchdog calls out DOL on 403(b) guidance

    The U.S. Government Accountability Office “found that DOL's website contains little educational material specific to 403(b) plans.”

    By • July 25, 2023
  • Biden stands behind a podium wearing a navy suit.
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    Win McNamee via Getty Images
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    Biden administration cracks down on payers over mental health coverage

    The HHS and Treasury and Labor departments announced a new proposed rule on Tuesday that requires health insurers to analyze patient outcomes to ensure their benefits are administered equally.

    By Rebecca Pifer • July 25, 2023
  • Workers demonstrate outside a Los Angeles McDonald's as part of Fight for $15's November 2016 day of action.
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    David McNew via Getty Images
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    Payscale: Most US employers support a federal minimum wage hike

    Minimum wage discussions may come to the forefront again during next year’s presidential campaign.

    By Carolyn Crist • July 25, 2023
  • A photo of the exterior of a Buc-ee's location.
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    Courtesy of Buc-ee's
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    Buc-ee’s has been advertising how much it pays its staff. It’s a lot.

    In numerous social media posts in recent months, customers and employees of the popular retailer have shared its salaries and hourly wages.

    By Brett Dworski • July 24, 2023
  • An African-American person is using a wrench to repair a broken car
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    RealPeopleGroup via Getty Images
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    DOL continues crackdown on overtime violations, illegal deductions

    The Wage and Hour Division ruled that Bellinger Parts Group will pay 20 workers at six South Carolina Napa Auto Parts stores $66,322 in back wages.

    By • July 24, 2023
  • A Yellow Corp. truck on the road.
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    Courtesy of Yellow
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    Teamsters call off Yellow strike at 11th hour

    The Central States Pension Fund granted the LTL carrier another 30 days to make $50 million in pension and benefit payments.

    By Colin Campbell • July 24, 2023