Total Rewards | Risk Management | Business Management & Strategy | Employee Relations
In April 2024, the DOL issued a final rule increasing the standard salary level for executive, administrative, and professional (EAP) exemptions under the Fair Labor Standards Act (FLSA). This final rule provides for current and future updates of the salary thresholds, as follows::
Total Rewards | Business Management & Strategy
As we approach 2025, crafting an effective salary strategy involves more than just staying updated with market trends; it also requires aligning compensation with the organization's broader objectives and meeting employee expectations. Over the last few years, employers have experienced unpredictable fluctuations in the market.
At Helios, we are often approached by current and prospective clients to conduct compensation benchmarking for their organizations. Typically, it's because they are losing talent to the competition or having conversations with their employees about salaries they found online.
Total Rewards | Business Management & Strategy | Best Practices | Employee Relations | Talent Acquisition
In the past, professionals used to seek out companies that could offer employment for the whole of their career—the so-called “job for life”. Those days are long gone. Today's average American will now have 12 jobs in their lifetime, and the career ladder has been replaced with the career journey.
For HR professionals, annual open enrollment period is one of the busiest times in your calendar. Getting open enrollment right is an essential part of the overall employee experience. Benefits changes are a big deal for your team, and they need to know they can trust you to care for their needs.
Reviewing your employee benefits can be an arduous process. You’ll spend time working with your broker to explore the market, find the best options, and agree on a reasonable employee/employer premium split.
