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 Affordable Care Act (ACA) will be plaguing employers for many years, but there are a few things that require immediate attention, says attorney Ashley Gillihan: women’s health preventive care, W-2 reporting, and PCORI fees. Gillihan, who is Counsel in the Atlanta office of Alston & Bird LLP, made his suggestions at a recent webinar […]
A former employee argued that her former employer, which employed fewer than 20 employees (and thus was exempt from COBRA) for eight months of the year, formed an affiliated service group with another employer and thus employed more than 20 employees for four months of that year. Thus, she contended the employer became subject to […]
It’s so easy to get wrapped up in the day-to-day activities of managing and lose sight of the bigger picture. The beginning of a new year provides a natural break for you to take a deep breath and consider how to make 2013 a success, says Oswald, CEO of BLR, who offered his thoughts in […]
Many plan sponsors are still having a hard time improving the funding status of their plans, according to indexes measuring the December funding levels of U.S. corporate pension plans. Statistics show plans’ funding rose slightly from November 2012 to December 2012, keeping the month’s funded ratios above the lowest monthly figures for 2012; however, they […]
In a recent case, the 4th U.S. Circuit Court of Appeals declined to decide whether small companies that are extensions of larger entities must comply with the Americans with Disabilities Act. The court in Reynolds v. American National Red Cross (No. 11-2278, 11-2280 (Dec. 7, 2012)) said it would not address the matter in a […]
Federal agencies will accept alternate definitions of full-time employee for purposes of health reform’s play-or-pay mandate, to allow for industry-specific labor norms and seasonal workers. Some business owners and workers requested special methods of calculating hours for employees: (1) whose compensation is not based on hours, such as salespeople on commission; and (2) whose work […]
Fichthorn, who is vice president in the Philadelphia office of Hay Group, offers the following chart to clarify what employers want and how it compares to what the public wants. Topic Area What Makes Business Sense? What Do Shareholders Want? Where’s Their Breaking Point? Pay Philoso-phy Pay positioning that maps to competitive positioning Pay positioning […]
To understand the importance of a total remuneration perspective, look at this table that reflects information about your CEO’s compensation, says Fichthorn, vice president in the Philadelphia office of Hay Group. CEO Compensation Comparison—Total Direct Compensation Marketplace Median President, XYZ Corp % of Median Base Salary $642,600 $949,000 148% Total Target Cash $1,099,100 $1,328,600 […]
Participate in this brief survey and see how your health benefits stack up against those of other successful companies. The survey takes only a few minutes to complete. Complete the Survey Now To show our appreciation we’ll send a PDF of the survey results to all participants. (Be sure to include your contact information where […]
About 30% of the organizations Sibson Consulting studies do pay for performance well, consultant Jim Kochanski says. That means it is possible, but it’s not easy. Fortunately, there are nine factors that can help the other 70%, he says. Most employers say they have pay for performance, says Kochanski, but they don’t. Unfortunately, employees spot […]