Those who believed the Trump administration would scale back the Obama-era Department of Labor’s aggressive enforcement of wage and hour laws may be surprised to learn that the DOL recently announced that it recovered a record $322 million in unpaid wages for fiscal year 2019. This is $18 million more than that recovered in the […]
With 2020 fast approaching, benefits professionals are taking stock of breakthrough trends of this year, even as they think about what employers will most want to offer their employees in the next. “Looking back on 2019 it was definitely a year of innovation in benefits,” says Kate Torgersen, founder of Milk Stork, a breast milk […]
Uber is delving into a new area of the gig economy — scheduling for shift workers. The company, which is most well-known for its ride-sharing app, announced last week that has launched a new app called Uber Works. The tool connects employees with employers who need to fill available shifts. “By providing a reliable pool […]
In recent years, a number of changes have rapidly changed the way HR works, as transformations in society, government, culture, technology, communications and the legal landscape impact employers and the workplace. From the #MeToo movement to a growing emphasis on paid leave and new pay equity laws, HR managers have their hands full. Speaking at […]
Mastercard has teamed up with a voluntary benefit company and banking institution last week to help hourly employees make ends meet by providing easy access to their wages before payday. Minneapolis-based financial wellness benefit company, Branch, was founded as a scheduling platform for part-time jobs. Now they provide early wage access to hourly workers at […]
Forget free meals and flexible scheduling; employees at Chipotle can go to college for free. The Mexican-inspired restaurant chain announced the launch of its newest employee benefit on Tuesday, which will grant its more than 80,000 employees access to 75 business and technology degree programs funded entirely by the company. Employees can earn their associates […]
An alarming number of workers don’t have enough money saved away to carry them through even a short-lived financial emergency, and experts are urging employers to take steps to address that shortfall with changes to their benefits programs. Survey data indicate that while savings rates vary based on a number of factors, substantial portions of […]
Over the last decade employers have begun to understand the importance of offering employees financial wellness benefits. Financial concerns are a chief distraction for workers and in order to attract and retain talent, employers have been investing more in their employees’ overall well-being. Indeed, 53% of employers offer workers a financial wellness program, according to […]
Raising the federal minimum wage to $15 probably won’t fix poverty, and might actually hurt poor people instead. That’s the message of Ryan Young’s Oct. 2 article, published by the Competitive Enterprise Institute. Raising the minimum wage is a top policy issue at the local, state, and now federal level. A current bill, the Raise the […]
Employee benefits are an important part of recruiting and retaining talent and most plan sponsors offer a range of benefits, including medical, pharmacy, behavioral health, dental, vision, disability and life. A common industry practice has been to offer each of these benefits as a standalone product, but this creates a disconnected picture of the whole […]
