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.
In yesterday’s Advisor, advice on planning your 2015 compensation budget from consultant J. Timothy O’Rourke; today, O’Rourke presents a strategy for when money is tight, and what to do if your company can’t afford increases at all this year.
As we reach the end of 2014, we take a look back at some of your favorite articles. Here’s a list of the top 10 posts on the Compensation & Benefits Daily Advisor website this year.
Most employers understand the benefits of workers’ compensation insurance. If an employee is injured on the job, the insurance kicks in to pay for the medical bills and at least a portion of the lost wages while the employee recovers. The employee doesn’t have to fear losing his or her livelihood after reporting the injury, […]
More than two years into the regulation’s implementation, the U.S. Department of Labor wants industry and plan sponsor comment on its regulation that requires retirement plan service providers to disclose fee information to fiduciaries. ERISA Section 408(b)(2) requires covered service providers to give fiduciaries information they need to assess the “reasonableness” of the administrators’ total compensation, […]
Your top talent won’t tolerate managers who tell them, “You should be Happy to Have a Job.” That mindset isn’t going to do it, says Consultant Ron Katz. An HTHJ attitude will send your best people packing.
Leading employee benefits attorneys recently discussed rules on calculating workforces and identifying to whom the employer must make an offer of coverage. Vanessa Scott, a partner with Sutherland Asbill & Brennan, Washington, D.C., and Malcolm Slee, of Counsel at the Groom Law Group, Washington, D.C.,discussed the counting and measuring rules spawned by health care reform during […]
Does your organization pay minimum wage for any roles? What about roles that are paid above minimum wage, but still close to it? Did you know this may not be enough to be legal if you’re taking certain deductions off that pay? Did you know that you may not be able to pay only the […]
The latest StressPulse report by ComPsych, a provider of employee assistance programs, found that 64 percent of employees report high levels of stress. Noted ComPsych CEO Richard A. Chaifetz, Psy.D, “Sustained, high levels of stress have a deleterious effect on work product as well as physical health.” He said proactively addressing the issue is […]
“What would you attempt to do if you knew you could not fail?” I came across that question in a book the other day, and it really got me thinking. I firmly believe there are many things we don’t try because we’re convinced we won’t succeed. The thinking goes, “Why even go down that road […]
In yesterday’s Advisor, the latest in research along with tips on talent acquisition from consultant Josh Bersin; today, Bersin’s thoughts on engagement, the benefits of corporate “soul,” and The Simply Irresistible Organization®.