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.
In yesterday’s Advisor, WorldatWork’s Kerry Chou offered the four top reasons that key talent leaves organizations. Today, what strategies are working, plus an introduction to a highly practical collection of prewritten, ready-to-use HR policies. What Strategies Are Working? WorldatWork surveys have shown the following percentages of respondents who said the tactic was “very effective” or […]
Click through this slideshow to learn what wage and hour myths your managers might be falling for right now.
The job market is always hot for key talent, says WorldatWork’s Kerry Chou, and with the economy improving, it’s just going to get worse. Chou, who is Senior Practice Leader, Compensation, at WorldatWork, offered his tips at WorldatWork’s Total Rewards 2013 Conference and Exhibition, held recently in Philadelphia. Why Key Talent Leaves Employers are always […]
Creditors of retirement plan participants sometimes try to tap into a participant’s supplementary benefits under various legal arrangements, including garnishment and domestic relations orders. If a plan administrator or adviser is faced with the prospect of a participant’s deferred compensation being assigned to a creditor, the administrator must be familiar with a number of complicated […]
Concerns about the effect of lump-sum retiree distributions on the funded status of defined benefit pension plans with ongoing obligations to future beneficiaries were prominent as members of the ERISA Advisory Council tackled issues of “derisking” at a June 5 open meeting at the U.S. Department of Labor. There was high interest in the topic […]
Oswald, CEO of BLR®, offered his thoughts on leadership and employee engagement in a recent edition of The Oswald Letter: If you read the Harvard Business Review, you might have noticed a recent article proclaiming “The New Employer-Employee Compact.” The article, like all the other articles and books written on the subject, reminds us that […]
Starting July 31, 2013, the IRS will start collecting, and employers will start paying, a new excise tax authorized by the health reform law. This annual fee will be imposed on most insured and self-insured group health plans for the next seven years. The feds have amended the April 2013 IRS Form 720 (Quarterly Federal […]
Postol, who is a partner in the Washington, D.C., office of Seyfarth Shaw, LLP, offered his ADA tips at SHRM’s Employment Law and Legislative Conference, held recently in Washington, D.C. What Defenses Are Left Employers still have some cards to play in the ADA game. Postol suggest employers take note of the following: 1. Employer […]
Here’s a basic questionnaire (We got it from the SmartJobs CD.) that you can use to begin the job description process (or to review existing job descriptions): Job Description Questionnaire Instructions: Distribute copies of this questionnaire to supervisors, human resources staff members, job analysts, and others who may be involved in writing job descriptions. Ask […]