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Annual Salary Increases More Important to New Grads Than Medical Insurance Benefits
December 13, 2012 by Steven RothbergAnnual salary increases are the most preferred benefit among job-seeking new college graduates, according to results of a new study by the National Association of Colleges and Employers (NACE).
Historically, graduating seniors taking part in NACE’s annual student survey have placed medical insurance in the top spot, according to Marilyn Mackes, NACE executive director. Continue Reading
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57% of Employers Offer Tuition Reimbursement
October 05, 2012 by Steven Rothberg
Even as tuition rates continue to escalate, the number of working adults re-entering the classroom to earn college degrees is on the rise. Many employers have picked up on this trend and are seizing the opportunity to offer a valuable benefit to their workforce. TheBenefits USA 2012/2013 survey results found 56.6 percent of employers now offer tuition reimbursement to all employees, which is a significant increase from 34.9 percent reported in 2009.“Enrollment rates are expected to continue rising, and companies offering tuition reimbursement to their employees are putting themselves in a competitive position,” said Amy Kaminski, director of marketing for Compdata Surveys. “Not only are employers creating a stronger workforce, but they are arming themselves with a valuable tool in employee retention, as reimbursement benefits are becoming increasingly important to their employees.” Continue Reading
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Must Interns Be Paid?
March 02, 2012 by Steven Rothberg
Whether an employer must pay an intern for their work depends on the experience they will receive. Although the Fair Labor Standards Act requires employers to pay at least the minimum wage to employees, the U.S. Department of Labor (DOL) has developed six criteria for identifying which learners/trainees may be unpaid. Note that the DOL’s use of “learner/trainee” is equivalent to the commonly used term of “intern.”The six criteria are: Continue Reading

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