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.
[Go here for sins 1 through 6.] Sin #7. Making wagehour blunders We’re out of overtime. Can you clock out and then set up for tomorrow? You’ll be working alongside our regular employees, but you new recruits are all independent contractors. Tracy, make sure you stay close to the phone during lunch. Sandy, keep your […]
Sin #1. Making Unlawful Preemployment Inquiries That’s an interesting accent you have. Where were you born? Do you have any children? If so, will you have any daycare problems? By the way, we’re all about diversity here. Inappropriate questions during interviews and other preemployment contacts are a primary source for claims of discrimination. The courts […]
Did you know that the Affordable Care Act (ACA) contains provisions related to the implementation of employee wellness programs? The latest information– the final rule that appeared in the Federal Register – defined new parameters for employee wellness programs. It directs how they must be designed and administered to make sure they are equally available […]
In yesterday’s Advisor, consultant Carla McCormick offered tips for moving toward Value-Based Benefits Design (VBBD). Today, she offers a case study in VBBD plus we introduce a timely webinar on your 2014 Affordable Care Act obligations. McCormick, a consultant with Fallon Benefits Group in Atlanta, made her remarks at BLR’s Advanced Employment Issues Symposium, held […]
McCormick, a consultant with Fallon Benefits Group in Atlanta, made her remarks at BLR’s Advanced Employment Issues Symposium, held recently in Las Vegas. Case Study in VBBD Some facts about the client: Global presence with more than 7,000 covered lives Employee population includes office staff, manufacturing, and drivers Average employee age: 45 years Very low […]
What is VBBD? It’s about taking a comprehensive approach to helping employees to be healthier—and helping the company to save money. McCormick, a consultant with Fallon Benefits Group in Atlanta, made her remarks at BLR’s Advanced Employment Issues Symposium, held recently in Las Vegas. What Are the Keys to VBBD? McCormick offers the following necessary […]
Where are benefits heading? To Value-Based Benefits Design (VBBD), says consultant Carla McCormick. If you are not evaluating VBBD for your company, you are ignoring large potential savings, she adds. What is VBBD? It’s about taking a comprehensive approach to helping employees be healthier—and helping the company save money. McCormick, a consultant with Fallon Benefits […]
(Dan Oswald, CEO of BLR, offered his thoughts on Obamacare in a recent edition of The Oswald Letter.) It’s not unusual for a talented, newly appointed executive to announce a bold and innovative course of action for the department or company she was just chosen to lead. And with bold plans come risk and detractors. […]
Employee assistance programs and certain “limited wraparound coverage” would be added to the set of “limited excepted benefits” exempt from most of the requirements of the Affordable Care Act, under proposed rules in the Dec. 24 Federal Register (78 Fed. Reg. 77632). The proposal also would make it easier for dental and vision benefits to […]
The act that gained her the most notoriety was her rule that all employees must report to work at the physical office—no more telecommuting. The move was met with disapproval in many quarters (although Donald Trump reportedly approved). Some called it a step backwards for flexibility in the workplace, especially for women, who often count […]