EverythingPeople gives valuable insight into the developments both inside and outside the HR position.
27 February 2024
Employee Appreciation Day is this Friday, March 1st. Do you know what makes your employees feel appreciated? It might differ by generation according to a new report by Talent LMS.
20 February 2024
Companies often face the challenging task of workforce optimization, which may involve layoffs or downsizing. While these decisions are never easy, offering outplacement services can provide many benefits for both employers and employees. There are advantages of embracing outplacement services as a beneficial approach to employee transition during layoffs.
15 February 2024
Troy, MI – February 14, 2024 --- ASE, one of the nation’s oldest and largest employer associations, has released its Severance Pay, Policies, & Practices Survey. This survey provides a comprehensive look at the various aspects of severance policies and programs, including severance benefits, outplacement assistance, and executive severance plans.
6 February 2024
30 January 2024
Some organizations are changing from a 401k plan to RBA. IBM is one such organization that is changing its traditional 401K plan to a new approach. IBM currently matches the first 5% of salary that employees contribute to their 401(k) accounts, dollar for dollar, and provides an automatic 1% contribution for a total of 6%. Instead, it will offer a secondary plan.
9 January 2024
Employers with employees in Colorado must comply with recent amendments to Colorado’s Equal Pay for Equal Work Act (EPEWA) that became effective January 1, 2024. While offering benefits such as cut off dates for applications, it creates more work for HR because it may not be able to standardize completely the new regulations’ requirements.
19 December 2023
Labor contracts of large employers can significantly impact smaller related employers through a series of economic forces. One primary mechanism is the influence of wage and benefit standards set by major corporations within a specific industry. When large companies establish high standards in their labor contracts, it creates a benchmark that smaller employers often feel compelled to meet to attract and retain skilled and experienced workers.
5 December 2023
While we were all enjoying the Friday after Thanksgiving the Department of Treasury and the Internal Revenue Service issued a set of rules that could benefit a small (probably) number of employees by making them eligible to participate in an employer’s 401K defined contribution plan.
The use of forfeitures to offset employer contributions is well established and is explicitly permitted under treasury regulations and is consistent with Department of Labor guidance. So why is this approach an issue now?
28 November 2023
Shaun Fain, UAW President, is not only taking a victory lap around the recent contract settlements with the Detroit Three, but he has also repeatedly vowed to organize the other non-union auto manufacturers and their suppliers so that in 2028 he will be bargaining against the Big Five or Six.
21 November 2023
7 November 2023
The Sixth Circuit Court of Appeals is looking at an employer’s delivery driver expense plan. Under federal law a business can reimburse delivery drivers through a reasonable approximation of their expenses rather than using a mileage expense method, as long as the total reimbursement, along with any wages does not reduce the driver’s take home pay below minimum wage.
In short, yes, employees who telework are eligible for Family Medical Leave Act/ FMLA leave on the same basis as employees who report to any other worksite to perform their job. An employee who has worked for an employer for at least 12 months, has at least 1,250 hours of service for the employer during the 12-month period immediately preceding the leave, and works at a location where the employer has at least 50 employees within 75 miles is eligible for FMLA leave.
17 October 2023
Research from Payscale revealed that the health of an organization in terms of its prospects has emerged as the foremost motivator driving employees to seek new job opportunities. Payscale’s Retention Report delves into the primary reasons behind employee attrition and the influence of pay transparency. The research findings reveal intriguing insights into the dynamics of the modern workforce.
26 September 2023
Striking a balance between work and personal life has become increasingly challenging. As employers strive to be more inclusive and flexible, the concept of floating holidays has emerged as a valuable tool to help employees maintain a balance.
5 September 2023
As reported last week, on August 30, 2023, the U.S. Department of Labor (DOL) announced it is proposing a revised rule that will increase its Salary Level Test by revising part of the Exemption Tests in its regulations. To be classified as an exempt employee under the DOL regulations, the job must meet three tests as outlined by the FLSA regulations:
15 August 2023
Paid parental leave is a critical policy that provides employees with the opportunity to take time off work to care for their newborn or newly adopted child while receiving a portion of their regular pay. While many countries around the world have implemented paid parental leave policies, the United States has been slow to catch up.
25 July 2023
Growing inflation has been the source of much conversation in the past three years. Much of the conversation revolves around how inflation impacts wages. A recent article in Forbes provides some good analysis around why salary increases do not always align with inflation.
18 July 2023
30 June 2023
As organizations plan for the future, one important aspect that requires careful consideration is salary budgets. Anticipating and forecasting salary trends is essential for attracting and retaining top talent, maintaining competitiveness in the job market, and ensuring the financial health of businesses.
13 June 2023
Earlier this month, ASE released the results of the 2023 Compensation Survey. What makes our survey unique is the employer-reported benchmarked data – with a 65% constant sample (companies who report year after year.) This year’s results show larger than normal wage growth due to inflation and other economic factors.
7 June 2023
ASE, Michigan’s largest employer association supporting its members with Everything HR, has released the findings of its 2023 ASE Compensation Survey. The full results were presented at the Michigan Pay & Economic Briefing that took place June 6th in Troy.
5 June 2023
Voluntary benefits are services or products offered by employers, often at discounted rates, as a perk of employment. Employers can provide benefits that employees want, while employees will have a variety of insurance options available in one convenient place and as the name implies, it is optional to purchase.