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.
Most experts believe that engagement is not all about money. There are actions you can take that could be effective at retention of high potential and/or key player employees. For example: Talk to the employees and let them know that you value their services and that you have high hopes for their futures at your […]
Yesterday’s Advisor offered success factors for pay for performance. Today, consultant Diana D. Neelman, CCP shows why pay for performance can fail, and we introduce you to a unique 10-minutes-at-a time training system for supervisors. Making Sense of Goals and Objectives Neelman offers the following suggestions for making goals and objectives truly helpful: Make performance […]
If your organization is like most, workers have been patient about compensation for several years of low or no raises. They understood that their organizations were squeezed by economic pressures, and they were also held back by general insecurity about changing jobs in tricky times. But patience is wearing thin, and indications are that as […]
Start with mission and values, and take the time to develop a compensation philosophy, says consultant Mary A. Rizzuti, CCP, PHR. Then you can set an effective pay for performance program. Yes, it’s worth the time and focus on your compensation philosophy, because it is the basis for everything you do in compensation. You need […]
Watch the interview. Here’s a transcript of the interview: HRDA: This is Steve Bruce for the HR Daily Advisor. I’m here with Linda Anguish from the HR Certification Institute. Linda, would you like to tell us a little bit about what you do there? HRCI: I’d be happy to, Steve. I’m the director of certification […]
Jones, who is a partner at Pillsbury Winthrop Shaw Pittman LLP in Los Angeles, offered his wellness guidance at a recent Benefits Bootcamp sponsored by BLR® and HR Hero®. Lawsuit Avoidance Checklist for Your Wellness Program Keep corporate wellness and employment decisions separate. Achievement on a health program shouldn’t be a basis for promotion, for […]
On April 23, a federal district court in Alabama gave final approval to a settlement agreement under which an employer and plan administrator will pay $1.3 million to a group of former employees who alleged they never received COBRA election or premium subsidy information after their involuntary termination of employment. The case is Hornsby v. […]
Jones, who is a partner at Pillsbury Winthrop Shaw Pittman LLP in Los Angeles, offered his wellness guidance at a recent Benefits Bootcamp sponsored by BLR® and HR Hero®. Generally, wellness programs are healthcare options that employers offer to employees to reduce preventable illnesses. They offer obvious benefits to the employee—better health—and benefits to the […]
Employer-sponsored health plans and insurers are required to make two changes to the summary of benefits and coverage, which must be distributed to all health plan participants under health reform. They must add statements of whether their coverage: (1) provides minimum essential coverage; and (2) meets the minimum value requirements. The specific language to be […]
Beyond health insurance and retirement benefits (covered in previous surveys), the number one perk provided by the employers responding to our survey was paid holidays, with 91% percent of them offering it. Other highlights: Flextime is offered by 53% of respondents. About 33% relax their dress code in the summer, at least for some employees. […]