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Human resources (HR) and compensation professionals in Australia were surveyed to determine how they communicate rewards information to employees. The rewards communications survey examined five reward components: organization reward strategy and philosophy, base pay, base-pay increases,...
Employee benefit plans can be an important part of an organization’s employment deal and can help differentiate one employer from another. This article defines employee benefits as an extensive offering of programs that is broader than the conventional definition. Not only does it include...
Automatic enrollment can boost employee participation in a Section 401(k) plan, making it easier for the plan to satisfy nondiscrimination requirements that often prevent highly compensated employees from maximizing deferral contributions. The Pension Protection Act (PPA) and recent IRS...
In 2008, Congress amended the Family and Medical Leave Act (FLMA) by the enactment of the National Defense Authorization Act. Consequently, there are now two more qualifying reasons for protected leave under the FMLA with accompanying definitions and procedures relating to what is now informally...
Responding to the increasing cost of employer-provided health insurance, some employers have instituted a number of cost-savings efforts such as reduced benefits, limited access, increased copayments, differential premiums and wellness programs. Of interest in this article are cost abatement...
In an era of rising health care costs, employers seek cost reduction strategies, with many relying on consumer-driven health plans (CDHP). Utilizing data from a nationally representative survey of firms, this article explores employer experiences with CDHP in two areas. First, it describes those...
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