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.
Here are recommended items to check to see if your HRIS is up to the mark. (It’s just as useful for those considering HRIS). Records Maintained Does your system maintain the following personnel records: Employee personal data? Marital status? Number of dependents? Spouses and dependents covered by other health plans? Part-time/fulltime? Leased employees? Employees’ skills? […]
In June 2012, BLR’s HRIS expert, Holly Jones, surveyed BLR customers on their HRIS use. An audio conference download was offered as premium for survey completion. Just under 600 HR Daily Advisor and HR Hero Line readers responded. According to Jones, important findings included: About half of respondents use an HRIS system and about half […]
A former senior account manager has filed a gender discrimination lawsuit against the National Basketball Association, Inc., alleging that the NBA “pays lip service to gender equality” and is “openly hostile to working mothers.” In the lawsuit, Brynn Cohn claims that the NBA instituted a change in work schedule while she was on maternity leave […]
Health plans and insurers long have been thinking of ways to compensate providers not for volume of care, but for value of care, as an important tool in curbing runaway health inflation. Research over the last two decades recently compiled and reviewed by the Agency of Healthcare Research and Quality shows consistent reductions in what […]
With an ever-increasing number of private-sector retirement plan participants relying on automatic enrollment and the investment choices their employers select, the best way for plan sponsors to help these workers achieve a secure retirement is to choose and manage their default options well, a new survey suggests. The defined contribution investments unit of money manager […]
SPIFs are also a little like heroin, Dimisa says: The more you get the more you want, and it’s difficult to kick the habit. It’s hard to take the SPIFFs away. DiMisa is Senior Vice President, Sales Effectiveness Practice Leader for Sibson Consulting, and author of best-selling business book “The Fisherman’s Guide to Selling.” What’s […]
You have to be careful of SPIFs, says consultant Joseph DiMisa, CSCP. It’s like whale watching, he adds. (“There’s a whale on the left” and everyone runs to left; “There’s a whale on the right” and everyone runs to the right). Reps start chasing the SPIF programs and forget about the basic plan. SPIFs are […]
DiMisa, Senior Vice President, Sales Effectiveness Practice Leader for Sibson Consulting, is author of the best-selling business book, “The Fisherman’s Guide to Selling.” He offered his tips in a recent webinar sponsored by BLR/HRhero. Use the chart below, DiMisa says, to evaluate the job factors in the middle column and decide on the appropriate mix […]
Organizations are putting more emphasis on incentive compensation, says consultant Joseph DiMisa, CSCP, but not every job is equally suited for more incentive pay. DiMisa offers 13 job factors that effect the pay mix. DiMisa, Senior Vice President, Sales Effectiveness Practice Leader for Sibson Consulting, is author of the best-selling business book, “The Fisherman’s Guide […]