HR Roundup: Compensation Costs Continue to Rise

  • Last month, Ohio’s unemployment rate fell to 3.6%, the lowest level since tracking began in 1976. Manufacturing lost 300 jobs during May.
  • U.S. employers continued to spend more on employees’ overall compensation in Q1 (up 1.4% from three months earlier), according to new federal data.
    • As of March, U.S. manufacturers were paying an average of $43.37 an hour in total compensation costs per employee, with an average $28.78 in wages and salaries, and $14.59 in benefits.
  • Ohio is No. 24 in this WalletHub comparison of states in which employers are struggling the most to fill jobs.
  • To ensure compliance with pay transparency ordinances in cities like Toledo and Cincinnati, OMA Connections Partner Frantz Ward has published this guidance.
  • OMA Connections Partner Fisher Phillips reports there are seven reasons why employers need an effective records retention program.
  • Employers that rely on contract labor should be aware their workers will now be subject to more NLRB scrutiny, writes OMA Connections Partner Calfee.
  • OMA Connections Partner Plante Moran has published these four takeaways from a recent national conference on employee benefit plans.

In other news, a federal court has ruled that music with offensive and/or violent lyrics played in the workplace can be a form of unlawful harassment. 6/22/2023