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.
With benefits accounting for 30% of compensation spending for most organizations, employers want to make sure their ROI is as high as possible, and want employees to understand–and appreciate–the value of their benefits. Carla McCormick, Vice President of Health Management Solutions for Fallon Benefits Group, provides practical, low-cost solutions to make your employee benefits communications […]
Last August, the OFCCP announced a final rule that makes significant changes to the regulations implementing the Vietnam Era Veterans’ Readjustment Assistance Act, or VEVRAA. VEVRAA prohibits employment discrimination against specified categories of veterans by federal government contractors and subcontractors. For a closer look at the new regulations and the implications for federal contractors, we […]
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Goal Setting Goal setting is the most important and challenging aspect of annual and long-term incentive design, says Harris, who is Managing Director at Frederic W. Cook & Co. Harris was joined by Ron Miller, Head of Global Rewards, Mobility, M&A, E.I. du Pont de Nemours and Company, in a presentation at the WorldatWork Total […]
In apologizing for the failed launch of the healthcare.gov website, U.S. Health and Human Services Secretary Kathleen Sebelius conceded to a House committee panel that accessing the site has been a “miserably frustrating experience for way too many Americans.” She expressed frustration regarding the flawed launch of the site, to be used to purchase affordable […]
Employers must soon decide whether they are going to ‘play or pay’ under the Affordable Care Act (known as ACA or health care reform). Under this particular provision, employers with 50 or more employees face penalties if they don’t offer health insurance coverage or if the coverage they offer is insufficient. The penalty for not […]
Harris, who is Managing Director at Frederic W. Cook & Co., was joined by Ron Miller, Head of Global Rewards, Mobility, M&A, E.I. du Pont de Nemours and Company, in a presentation at the WorldatWork Total Rewards Conference and Exhibition in Philadelphia. Elements of an Executive Compensation Program Element Importance Comment Compensation Strategy Medium Reflects […]
Self-funded plans that are also self-administered will be made exempt from paying reinsurance contributions under the health care reform law for the 2015 and 2016 benefit years, the Centers of Medicare and Medicaid Services said in final program integrity rules. The promised relief will occur in future rulemaking, according to the preamble of the program […]
If your retirement plan committee is satisfied with the automatic enrollment policy in place but has expressed concerns about the rising cost of the employer match that a growing participant base can bring, new research may provide a window into how other employer plan sponsors are handling this dilemma. Automatically enrolling employees in company retirement […]
The Southern Baptist Convention’s health and financial benefits entity has filed a putative class-action lawsuit against the health care reform law’s contraceptive mandate on behalf of church plans. The suit contends the religious liberty of the organizations covered by GuideStone Financial Resources (which arranges health coverage and retirement benefits for clergy and others) is violated […]