Lynn Cavanaugh

Here’s some good news for firms that have had to reduce their workforce: The IRS’ 401(k) partial termination rule – and its unexpected costs – may not apply to workers laid off or furloughed due to the pandemic, according to a new IRS ruling. Typically...

Employers have a year to implement a new 401(k) rule, but it’ll take some preparation. The Department of Labor (DOL) is requiring firms to provide employees with lifetime income estimates to help them determine their retirement readiness...

An increasing number (42%) of employers are making changes to their PTO, vacation and sick day policies, as employees are reluctant to take days off during the unstable times of the pandemic. As unused vacation days pile up...

Having trouble hiring? Who isn’t, with the tight job market, being ghosted by candidates and just the complete overhaul in the hiring process the last several years?

And now...

Performance-based pay is likely the most common feature of the compensation structures of U.S. companies, experts say.

And guess what?...

What are your employees’ favorite perks?

If your workforce is anything like the 1,227 participants in a recent Unum survey, the answer is time away from the workplace.