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.
What Is Written? Start with the written documents, says Kleinman. What written documents relate to compensation? Who has them? Who wrote what and when? What do they say? For example: Plan documents Structures Policies Pay parameters Hiring/Bonus boundaries (approval levels, etc.) How’s Turnover? What turnover levels is the organization experiencing? Functional turnover is created “intentionally,” […]
The 7th Circuit in a 2-1 ruling refused to grant a preliminary injunction to Notre Dame University, which would have freed the university from participating in reform’s requirement to provide contraceptives at no cost to all women. In so doing the court criticized the university’s argument that signing an EBSA Form 700 — expressing objections to the contraceptive […]
Why Do an Audit? For the same reason we do financial audits—to fulfill a fundamental obligation, that is, to discover vulnerability. Remember, says Kleinman, who is principal of California-based Dan Kleinman Consulting, someone is always watching, internal and external, and they are evaluating what is going on. Five Reasons for a Compensation Audit There are […]
[Go here for S’s 1 and 2] S #3. Surveillance or “Snooping” What’s the Risk? When you monitor employee’s social media activity, you run two risks, says Yip: Damage to morale. The company may call it surveillance, but the employees will view it as snooping, and they won’t like it. The vast majority of employees […]
The 4 S’s of Social Media Risk Yip, who is litigation partner at the Honolulu office of law firm Cades Schutte LLP, offered his four S’s at the Advanced Employment Issues Symposium held recently in Las Vegas. S #1. Searches What’s the Risk? The biggest risk in searches is that you might learn information that […]
Generally, waiting periods to enroll in health coverage cannot exceed 90 days, and eligibility conditions based solely on the lapse of a time period are permissible for no more than 90 days, under new final rules issued by the U.S. Departments of Labor Health and Human Services and the Treasury. In addition, the employer has […]
Oswald, CEO of BLR, offered his thoughts on mental toughness in a recent edition of The Oswald Letter. So as each skier attacked the course, NBC’s cameras would show Miller watching the competition to see if they eclipsed his time. I could only imagine what it was like for him to watch competitor after competitor […]
[ go here for the first three T’s] Training Training is a reward. Top people want to keep their skills up and you need them to believe that the organization cares about keeping employee skills up to date. Development is both a management responsibility and an employee reward. What If We Train and They Leave? […]
“Voluntarily Give Their Discretionary Effort” Some employees do just enough not to get fired; that’s not going to do it for you, says Katz. You want employees to “voluntarily give their discretionary effort.” Katz, who is with Penguin Human Resource Consulting, LLC, offered his tips in a recent BLR-sponsored webinar. The Unlimited Rewards Budget Who […]
Pay for performance is the order of the day, but you can’t have pay for performance if you can’t measure performance in a meaningful way. Unfortunately, there are significant pitfalls to avoid when conducting your performance reviews. In today’s Advisor, we’ll get tips from expert Armstrong on how to make performance appraisals more meaningful for […]