Category: Benefits and Compensation
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.
9 Thinks You MUST NOT Include in Your Documentation Yesterday’s Advisor presented Attorney Franck Wobst’s key things you should include in documentation. Today, 9 things not to include, plus an introduction to Employee Compensation in Your State. Crimson Tide Coach Offers Seven Lessons for Every Manager Some of you might get tired of my use […]
The first man thinks it over for a minute. He then pulls his wallet out of his pocket, withdraws a $100 bill and tosses it into the urinal! The second man stands in amazement at what he has just seen. He asks, “What are you doing? Why would you do that? You just made your […]
Many jobs today – and perhaps some your company has posted – list the pay as "competitive." But what does that mean?
Employee wellness plans have been gaining popularity in recent years, and with good reason: they can benefit both employees and employers. An employee wellness program is simply a program that intends to promote the health and well-being of employees. This can be accomplished in a variety of ways, but the key is that the program […]
Case Study: Company Situation A large high-tech firm was experiencing a significant amount of annual turnover by their sales reps, says DiMisa, who is senior vice president and the head of the Sales Force Effectiveness Practice at Sibson Consulting. Initial analysis showed that the cost associated with the company’s turnover was more than $50 million […]
And it’s not just dollars, adds DiMisa, who is senior vice president and the head of the Sales Force Effectiveness Practice at Sibson Consulting. Your salespeople are the company’s ambassadors, the conduit to the customer, usually the first impression, and maybe the only impression. You don’t want the wrong people in those roles, DiMisa says. […]
The jury’s still out on the impact of health care reform on employment‐based health benefits, but predictions of mass instability are certainly not materializing, reform experts said May 15 at a policy forum sponsored by the Employee Benefits Research Institute in Washington, D.C. The Affordable Care Act will not trigger a rapid exodus from employer-sponsored […]
Casual References Casual references on LinkedIn or other professional social media sites pose legal risks: Defamation (if they are negative and untrue). Misrepresentation (if they are positive and untrue). Evidence of pretext in an EEO claim (if you terminate for poor performance but you’ve written a glowing recommendation on LinkedIn). Segal’s recommendation: Make clear to […]
One of the first things that comes to mind when figuring out how much to pay someone in an executive role is either conducting or purchasing a market study. However, there are several other things that must be completed first.
In yesterday’s Advisor, we featured survey results (from 2032 participants) on standard and nonstandard perks. Today, data on telecommuting and dress codes, plus demographic data concerning survey participants. [For the beginning of the survey report, go here.] Telecommuting Formal telecommuting guidelines are in place and employees are required to sign a formal agreement for 23.8%. […]