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Compensation & Benefits

Get the latest news and trends in total rewards, along with best practices for employers.

Employers are reaching their 2024 salary consensus, and it’s a good one for employees: They will be handing out competitive pay bumps, especially as their workforce continues to grapple with high costs of living.

This handy chart shows the 2024 benefits plan limits and thresholds for 401(k) plans, adoption assistance, health savings accounts, flexible spending accounts and more.

With labor shortages, high burnout, and layoffs affecting many industries, ensuring employee loyalty and mental well-being are more important than ever. Improving employee retention comes down to offering the right support.

Experts say now is the time to ramp up communication about flexible spending account deadlines and remind workers to deplete remaining FSA cash.

Touting available financial and mental health benefits, helping manage workloads and celebrating employees are among strategies HR and other company leaders should consider between now and the end of the year.

The IRS is raising the business standard reimbursement rate per mile to 67 cents, up from 65.5 cents for 2023, beginning Jan. 1.

Most people already know that taking time off work is good for you: It's good for employees' mental health and good for business, with potential boosts to productivity and engagement. But is there a certain sweet spot for the amount of paid time off (PTO) workers should take?

During the holidays, it’s important to continue compliance with wage and hour laws. Here are common areas where violations may occur.

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Member Benefit

Employee Benefits Survey

As one of the longest-running annual research reports covering trends in employee benefits, the SHRM Employee Benefits Survey returns with new insights for 2023. This comprehensive annual survey of HR professionals captures the prevalence of benefits across a wide range of offerings.

Member Resources

Learn how to create compensation grades and salary ranges that control pay expenses, ensure pay equity among employees and align with your organization's compensation philosophy.

Learn how to calculate full-time equivalent (FTE) hours for employees and understand the calculation involved.

Discover whether employers can legally restrict PTO and when employees can use it. Ensure your company's policy is consistent and fair with our helpful guide.

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