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.
Lacking a system to recruit top talent from outside your industry Hiring salespeople who can sell instead of those who will sell Not knowing how to identify superstar sales candidates Not asking the right questions at the interview Hiring to availability instead of for excellence Not having a great employee referral system in place Advertising […]
A new BLR Holiday Practices Survey examines employer practices for providing paid holidays and paying nonexempt employees during the 2012 holiday season and provides information on planned paid holidays for 2013. A total of 1,936 organizations participated in the survey, conducted in October 2012. The infographic also links to answers on frequently asked questions (FAQs) […]
States will get one more month, until Dec. 14, to notify federal regulators whether they will set up and run their own health insurance exchanges, the U.S. Department of Health and Human Services told two governors in a letter dated Nov. 15. Without the extension, the deadline for signaling intent would have been Friday, Nov. […]
Eliminating a participant option to switch to a defined benefit plan from a defined contribution offering does not violate ERISA anti-cutback provisions, even if participants’ accrued — but unclaimed — benefits are reduced. The recent ruling in Andersen v. DHL Retirement Pension Plan (Case No. 2:12-cv-00439-MJP WL 5389141, U.S. Dist., Western District of Washington Nov. […]
The survey gathered from responses from nearly 500 HR professionals. The infographic below offers insight into recruiting sources, trends in researching candidates on online, including social media, and recruiting challenges HR pros are facing.
Time will soon tell how many states will run health exchanges and expand Medicaid as directed in the federal health reform law. But for employer plans, the waiting game just draws out the inevitable confusion that may occur as those plans anticipate being impacted in different ways on a state-by-state basis, speakers explained at a […]
How much vacation time do employees accrue? According to the survey of 807 organizations, most reported that they provide 2 weeks of vacation time to employees in their first year of employment while most employers provide 3 weeks of vacation to those with 5 years of employment. Nearly all employees with 10 or 15 years […]
The infographic also links to answers on frequently asked questions (FAQs) regarding holiday pay as well as a sample paid holiday policy, and provides information on planned paid holidays for 2013.
When a self-insured health plan adopts value-based purchasing and insurance design, its goal is to persuade workers to adopt a healthy lifestyle and go to the best performing providers. That’s how plan savings occur, by catching cases before they become acute care cases that harm a self-insured health plan. Self-insured health plans that want to […]