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“They help set more objective expectations and align goals with the real capabilities needed to deliver results,” Stella said.

Alan set upon building a better compensation solution by tapping into his 20 years of contacts in the comp space.

It is also ideal for HR generalists or compensation specialists with limited benefits compliance knowledge who wish to expand their skill set.

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However, looking at the full data set, the account manager’s target compensation levels are above the market for pay practices less than the 50th percentile, and less than the market practices above the market 50th percentile.

Some aspects of onboarding should be spread over weeks, so that employees fully understand culture and standards and are set up for long-term success.

Higher paydays for interns could be part of a strategy by some employers to incentivize in-office work for college graduates set to enter the workforce.

“Some employees already had at-home workplaces set up.

Review state laws that may affect budget planning through the transition; for instance, California and New York use higher salary thresholds than those set in the proposed rule, Bare, of Duane Morris, said.

Employers should communicate HSA offerings and contribution structures to employees, in addition to clearly defining how the plans work and how using HSAs can set workers up to cover future medical costs.; Having access to a health insurance plan that is tied to a health savings account (HSA) may lead to more efficient health care spending, according to recent research from the Employee Benefit Research Institute (EBRI).