Compensation & Benefits
Get the latest news and trends in total rewards, along with best practices for employers.
Employees are spending less time and less money on open enrollment. Industry experts sound off on why that’s a problem—and how employers can remedy it.
Now’s the time to tout available benefits offerings that can help during this stressful time of year, from flexibility to after-school care and other child care benefits.
Two new surveys find that employers expect health care costs to jump significantly next year. However, experts said organizations can hold down increases if they utilize strategies such as requiring prior authorization and sharing costs with employees.
The 2024 SHRM Employee Benefits Survey now lists 216 benefits, up from 175 just two years ago. How are employers deciding which of these many benefits they should offer their employees? For the most part, it comes down to a simple notion: finding out what employees want—and need.
On Labor Day 50 years ago, President Gerald Ford signed the Employee Retirement Income Security Act (ERISA) into law. ERISA, a long time in the making, has had notable successes, but it also has led to much litigation and perhaps even contributed to the decline of pension plans.
The IRS on Aug. 19 released long-awaited interim guidelines regarding the provision under SECURE ACT 2.0 that allows employers with 401(k), 403(b), governmental 457(b), or SIMPLE IRA plans to match employees’ student loan payments like they would for traditional retirement contributions.
The Midland, Mich.-based chemical company announced this month that it has added a child care assistance program and two new partnerships that provide its 19,000 North American employees with caregiver support.
Member Resources
Learn how to create compensation grades and salary ranges that control pay expenses, ensure pay equity among employees and align with your organization's compensation philosophy.
Learn how to calculate full-time equivalent (FTE) hours for employees and understand the calculation involved.
Discover whether employers can legally restrict PTO and when employees can use it. Ensure your company's policy is consistent and fair with our helpful guide.
An overview of the topic of employer-provided benefits.