By Kathryn Mayer Social Security benefits will rise by 3.2 percent next year, the Social Security Administration announced Oct. 12. The annual cost-of-living adjustment (COLA) announced for 2024 is far lower than this year’s big 8.7 percent jump or the 5.9 percent boost in 2022, a reflection of moderating inflation. The COLA announcement comes...
By Kathryn Mayer In the total rewards space, employers are already busy preparing for open enrollment, navigating compliance updates and strategizing their 2024 pay increase plans. Now comes another item on the to-do list: encouraging employees to get vaccinated. Flu shots, COVID-19 boosters and even the new respiratory syncytial virus (RSV) vaccine are all on the agenda....
By Beth A. Klahre Connecting managers with employees has always been an important component of employee and, ultimately, company success. Tools that deliver two-way feedback with speed and ease of use are critical in today’s fast-paced organizations. But trust and experience are still the foundation of great employee-manager interactions. Gail Thakarar is a seasoned...
By Allen Smith, J. D. Quiet quitting remains prevalent, but employers should look for underlying causes rather than assuming employees are lazy, said James Reidy, an attorney with Sheehan Phinney in Manchester, N.H. Speaking Feb. 27 at the SHRM Employment Law & Compliance Conference 2023, he noted that the underlying causes for employees who work...
By Kathryn Mayer Starting next year, some workers who make catch-up contributions to employer-sponsored retirement plans, like a 401(k), will have to instead put that money into Roth accounts—news that has big implications for both employees and employers. Earners making $145,000 or more must make catch-up contributions on a Roth basis rather than...
By Leah Shepherd United States Citizenship and Immigration Services (USCIS) announced July 21 a new Form I-9—which has been streamlined and shortened—that employers should use beginning Aug. 1, 2023. Employers may continue to use the older Form I-9 (Rev. 10/21/19) through Oct. 31, 2023. After that date, they will be subject to penalties if they use the older...
By Kathy Gurchiek The acceptance of a less buttoned-up appearance for U.S. senators on the Senate floor is causing a dress code uproar. However, the Senate is simply “joining workplaces across the country that have become more casual since the COVID-19 pandemic,” The Wall Street Journal noted. Majority Leader Chuck Schumer, D-N.Y., this week informed the...
By Arlene S. Hirsch Before he became vice president of process quality operations at Bank of America in Jacksonville, Fla., David Trenholm was an aviator in the United States Navy. After deciding to retire at 42, he was accepted into a competitive two-year rotation program for military veterans in the bank’s global technology and...
By Leah Shepherd HR professionals will need to keep an eye out for new regulations coming soon from federal agencies. Among those expected in the near future are the final rules on the overtime pay exemption, independent contractor status and joint employer standard. Federal officials also may move to clarify the legality of corporate...
By Leah Shepherd Employers will need to think carefully about how to defend some of their corporate policies, such as ones about cameras at a worksite, social media use and appropriate workplace conduct, in light of a recent decision by the National Labor Relations Board (NLRB). Legitimate business interests will need to justify any...
Copyright by People First INC. All rights reserved. 2022
2022 Copyright by People First Inc. All rights reserved.
