The Pros and Cons of Incentive Pay

It’s no secret that top talent expects to be paid top dollar. According to PayScale, 25% of employees said that compensation was their main motivation for quitting a job.  Moreover, compensation is consistently reported as one of the top motivators for employees. That’s where incentive pay can be beneficial. Incentive pay is a type of … Continue reading The Pros and Cons of Incentive Pay

DOL Issues New Salary Limits for Overtime Exemptions

Department of Labor (DOL) announced a new final rule that updates the salary thresholds that some individuals must meet in order to qualify for a minimum wage and overtime exemption under the federal Fair Labor Standards Act (FLSA). The final rule becomes effective on Jan. 1, 2020. 2019 Overtime Final Rule The final rule affects … Continue reading DOL Issues New Salary Limits for Overtime Exemptions

Using Voluntary Benefits to Entice Millennial Talent

Millennials consistently cite elements like work-life balance and benefits packages as huge factors when considering employers. Salary, it seems, comes secondary in many cases. You can capitalize on this market shift by offering more imaginative and comprehensive perks to reel in millennial talent. A good place to start is with voluntary benefits. Here are some … Continue reading Using Voluntary Benefits to Entice Millennial Talent

Summary of the 2019 Employer Health Benefits Annual Survey

Each year, the Kaiser Family Foundation and the Health Research & Educational Trust conduct a survey to examine employer-sponsored health benefit trends. This article summarizes some of its main points. Request a full summary from Emery Benefit Solutions for more details. Plan Enrollment Trends Preferred provider organizations (PPOs)—44% of workers covered HDHP/SOs—30% of workers covered … Continue reading Summary of the 2019 Employer Health Benefits Annual Survey