Practical HR Tips, News & Advice. Updated Daily.
This topic provides guidance on how to handle compensation issues in a way that attracts and retains the best talent and advances the strategic goals of your business. You get news and tips on what’s going on nationally and in the states, and updates on changes in regulations, possible governmental action, and emerging compensation trends.
A privately held commercial bank in San Francisco, California was ordered by a U.S. district court in a fiduciary-breach judgment to pay more than $860,000 to participants in its former employee stock ownership plan (ESOP).
by Kerry Anne Carter, vice president of Sales, and Carl Bergauer, field sales director, Staples Business Advantage It’s in a company’s best interest to ensure their workers are happy and healthy, so they can be more productive and positively impact the bottom line. However, simply putting a wellness program in place isn’t always the answer.
Does your organization suffer from high turnover? Are you constantly looking for ways to retain talent? A new survey, conducted by Paychex, may offer more insight into ways employers can keep their current workforce happy, engaged, and most importantly—keep them around! The Paychex survey report, “Employee Retention: What Makes Employees Stay or Leave,” focuses on […]
by Magali Delafosse, group VP of HR, Crown Worldwide Group In today’s global economy, sending talented employees abroad has not only become a growing trend, but a competitive necessity. It’s projected that between now and 2020, annual international assignments will increase by 50%—having already increased by 25% over the last 10 years. But overseas assignments […]
In light of the devastation following Hurricane Matthew, the U.S. Department of Labor (DOL) has announced an update on compliance with employee benefit plan rules under the Employee Retirement Income Security Act (ERISA) for those adversely impacted.
by Martin J. Regimbal There has been considerable publicity about the “pay gap” between men and women. A recent case from the federal trial court in Hattiesburg dealt with a constructive discharge claim based on a claim of unequal pay. Let’s see how the court ruled.
Just over half of U.S. employees believe they are being paid fairly compared with workers who hold similar jobs either at their own or other companies, according to the 2016 Global Workforce Study by Willis Towers Watson, a leading global advisory, broking, and solutions company. At the same time, a companion survey of U.S. employers […]
by Karen Gustin, executive vice president of Ameritas Group Division We know that when it comes to health benefits, employees want choices. And they expect their employers to help them understand those choices. Studies show that people are more satisfied with their jobs, and less likely to look for other employment opportunities, if they believe […]
by John Ristuccia, vice president, Professional Services, Optymyze An incentive compensation plan, in which salespeople are compensated based on their ability to meet established performance goals, is key to building an engaged sales force aligned with the overall goals of the organization. Done well, these plans are highly effective, in terms of driving positive selling […]
The U.S. Department of Health and Human Services (HHS) has announced a commitment from 17 companies to support enrollment in the Health Insurance Marketplace. These companies will connect freelance professionals, entrepreneurs, and customers with information and resources to encourage enrollment in affordable coverage throughout the Open Enrollment period beginning November 1 and ending on January […]