Compensation & Benefits

Driven by new requirements and regulations—as well as growing calls from employees—most North American organizations have put pay transparency strategies in place, according to WTW.

Roughly 5% of U.S. employers offer menopause-specific benefits in 2024, up just slightly from the 4% that offered them last year, according to new data from NFP.

Although the inflation data was in line with most economists’ expectations, it’s still significant that it ticked up in October, especially as many employees are still feeling the sting of higher costs.

Employers aiming to be more inclusive to employees and their needs may want to consider an often-overlooked but important part of the family: pets.

Employer wellness programs are often exclusionary, said one expert at SHRM INCLUSION 2024. Here are six ways employers can ensure programs serve people of all abilities.

Starting in 2025, employees can contribute up to $23,500 into their 401(k) and 403(b) plans, most 457 plans, and the Thrift Savings Plan for federal employees, the IRS announced Nov. 1.

The Employment Cost Index increased 0.8% in the third quarter of the year, new data finds, after rising 0.9% last quarter, according to Bureau of Labor Statistics data released Oct. 31

As open enrollment season gets underway, even more data reveals that HR may want to increase education around benefits for their employees.