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.
The Enthusiastic Employee Debunks Generational Characteristics And that’s not just my opinion. In their recently published second edition of The Enthusiastic Employee: How Companies Profit by Giving Workers What They Want (The Enthusiastic Employee), David Sirota and Douglas Klein debunk the popular generational differences theories. They say that descriptions of the various generations in […]
A bipartisan accord to fund the federal government until Jan. 15 and raise the government’s debt ceiling until Feb. 7, was reached by leaders in the U.S. Senate on Oct. 16, but the final agreement did virtually nothing to change the health care reform law. The only part of the compromise affecting health care reform […]
McMullen is Reward Practice Leader for Hay Group in Chicago. He was joined by Dow Scott, Professor of Human Resources in the Quinlan School of Business Administration at Loyola University Chicago and president of Performance Development International, a management consulting firm. Their remarks came at the WorldatWork conference in Philadelphia. McMullen offers the following “equation” […]
Participation in high-deductible health plans and health flexible spending accounts grew at a strong pace, according to the National Center for Health Statistics. The findings in “Health Insurance Coverage: Early Release of Estimates From the National Health Interview Survey, January–March 2013” suggest that employees’ interests in consumer-directed health plans is growing, information employers may find useful in […]
A federal judge issued a temporary restraining order blocking the Tennessee Department of Commerce and Insurance from enforcing part of emergency rules designed to block health law navigators who had not been vetted by the state. As a result, churches, unions and social service organizations can set up computer stations to help the uninsured sign […]
The bad news is that many still find it hard to maintain an effective rewards system. McMullen is Reward Practice Leader for Hay Group in Chicago. He was joined by Dow Scott, Professor of Human Resources in the Quinlan School of Business Administration at Loyola University Chicago and president of Performance Development International, a management […]
Dan Oswald, CEO of BLR®, offered his thoughts on what leaders can learn from Mariano Rivera in a recent edition of The Oswald Letter . Here are his thoughts. Either you love the New York Yankees or you hate them. I’m a hater. I grew up hating them. They were the antithesis of my beloved […]
Earlier this month, health insurance exchanges (also known as marketplaces) under the Affordable Care Act were launched, giving consumers — including COBRA qualified beneficiaries — new coverage options. Because qualified beneficiaries may come to employers with questions about enrolling in COBRA versus exchange coverage, here are some key issues to keep in mind. The key […]
Sales compensation philosophies should be in alignment with company objectives while still motivating the sales team—all without going over budget. This can be a challenge, but there are some tips to help employers get it right. The 5 ‘Rights’ of Sales Compensation “When we’re talking about sales compensation objectives, we define them as the 5 […]
What’s a Mitigating Measure? According to the Job Accommodation Network, a mitigating measure is a treatment, therapy, or device that eliminates or reduces the limitations of a disability. Medications, including widely prescribed depression and anxiety medications Medical supplies, equipment, or appliances, low-vision devices (defined as devices that magnify, enhance, or otherwise augment a visual image, […]