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.
Yesterday’s Advisor offered the first 6 of 9 factors necessary to make pay for performance real. Today, three more factors, plus an introduction to the all-compensation-in-one-place website, Compensation.BLR.com. 7. Make Merit Matter [Go here for factors 1 to 6.] Of course, one of the problems with merit pay has been that we’re mostly working with […]
Beachboard, who is a shareholder in the Los Angeles office of employment law firm Ogletree Deakins, details the risks in today’s Advisor. He made his comments at the SHRM Annual Conference and Exhibition held recently in Atlanta. 1. Leaks of Company Information The risk of unwanted disclosures is at the top of CEOs’ worries, says […]
The U.S. Supreme Court has ordered a federal appeals court to rehear a Christian university’s challenge to the health reform law in Liberty University v. Geithner. Reviving the case creates the possibility that the High Court may rule on the case itself sometime in 2013, which would make it the second challenge to health reform […]
About 30% of organizations we study do pay for performance well, consultant Jim Kochanski says, so it is possible, but it’s not easy. Fortunately, there are nine factors that can help that other 70% do it better, he says. Most employers say they have pay for performance, says Kochanski, but they don’t. Unfortunately, employees spot […]
A recent study published in the Archives of Internal Medicine found that adults who sat for 11 or more hours per day had a 40 percent higher chance of dying prematurely over the next 3 years compared with those who sat for fewer than 4 hours per day. University of Sydney researchers reviewed the habits […]
What skills would a good consultant need to sell turnover? Here are the key four, says Ahlrichs, who is owner of ExpertSpeaks, and a consultant and business developer for Gregory & Appel. Think Strategically Always be looking forward over the horizon to where organization is going, says Ahlrich. Anticipate ways to create value for clients. […]
New reform standards for health plan value and coverage are important for employers, first because they will determine the kind of insured coverage that small employers buy. But grandfathered and self-funded employer health plans also need to know the rules to avoid penalties under health reform. The proposed rules, which HHS announced on Nov. 20, […]
Plan sponsors in areas Hurricane Sandy affected may want to prepare for an increase in loan or hardship withdrawal requests after the IRS on Nov. 16 said it temporarily will relax its rules that apply to such emergency funding for retirement plan participants. The IRS announced the relief in Announcement 2012-44. Hurricane Sandy should be […]
Start with this simple distribution chart, says Ahlrichs, who is owner of ExpertSpeaks, and a consultant and business developer for Gregory & Appel. Distribution of Producers Which ones do you really want to keep? If we agree that we want to keep the top 16%, says Ahlrich, then we need to address turnover. That means […]
To accurately predict whether an individual will succeed in sales, you (and/or your assessment tool) need to extract information in three critical categories, says Anderson, who is president of the Selling Skills Institute, and developer of the proprietary Shift Thinking Selling Methodology. Anderson offered his tips at a recent BLR/HRHero webinar. Here are Anderson’s three […]