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.

Metrics—How to Know Your Comp System Is OK

How can you know if your comp program is meeting organization goals? You have to maintain metrics, says consultant Terry Pasteris, CCP, GRP. But there are metrics, and then there are metrics. Why Are Compensation Metrics Important? Pasteris, who is president of TLMP Consulting Group, offered her tips at a recent BLR®-sponsored webinar. She says […]

Incentive Pay Isn’t for Nonexempts—Or Is It?

Variable pay is a powerful communicator of values and directions and changing business needs. However, with nonexempt employees, it is particularly important that: The amount of the incentive be market competitive and significant enough to reward in a meaningful way. The amount of incentive (aka pay at risk) is not so large that missing the […]

Stock-drop Ruling Reminds Pension Plan Sponsors Why Participants Can’t Sue

So-called stock drop cases, in which defined contribution plan participants sue employer plan sponsors for breach of fiduciary duty when the market value of company stock or other equity options in 401(k) investment menus declines severely, have become common. But for defined benefit sponsors, this threat is less onerous. A ruling the U.S. District Court […]

Bipolar Medication Side Effects? You Must Accommodate

Medications for Treating Bipolar Disorder It is often challenging to find the right combination of medications and the right dosages, says expert Tom Wootton. Typical medications include: Mood stabilizers Antipsychotics Combination of both Wootton, CEO of Bipolar Advantage, whose remarks came in a recent BLR-sponsored webinar, was joined by Maureen Duffy, PhD, a practicing family […]

Employees with Bipolar Disorder: Great One Day, Nightmare the Next

We have no accurate statistics regarding the prevalence of bipolar disorders in the workplace, especially because it is often hidden due to stigma, says Wootton. However, we do see a prevalence in creative departments, sales, legal, and management. Frustratingly, he adds, it’s often a tough call whether the employee with bipolar is an asset or […]

5 Reasons to Embrace Pay-For-Performance

Pay-for-performance is fast becoming the new normal. We are seeing it in use by more and more companies to get the most out of the reduced compensation budgets we’ve had in recent years. “Everything in our daily lives is more performance-based than it ever has been in the past. In many professions, performance pay has […]

Is Giving Shoes Away a Great Business Strategy?

Giving feels good on its own, says TOMS Shoes founder Blake Mycoskie, but it’s also a great business strategy. TOMS’ one-for-one philosophy (the company gives away a pair of shoes for every pair it sells) has led it to success, he says. Mycoskie announced at the recent SHRM Annual Conference and Exhibition in Chicago that […]

When Can You ‘Clarify’ or ‘Authenticate’ an FMLA Cert?

Authentication and Clarification of Medical Certifications Employers are entitled to authenticate or clarify information received on a medical certification form. It is important to note that the definitions of what constitutes permissible authentication and clarification are very limited. “Authentication” means providing the healthcare provider with a copy of the medical certification and requesting verification that […]

Medical Certs and the FMLA: No One’s Happy

Under FMLA regulations, an employer may utilize DOL certification forms designed for this purpose (and why not use them, since you aren’t permitted to ask for any information not on those forms anyway?): Certification of Health Care Provider for Employee’s Serious Condition (WH-380-E) Certification of Health Care Provider for Family Member’s Serious Health Condition (WH-380-F) […]