Practical HR Tips, News & Advice. Updated Daily.
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.
A metric is simply a way to quantify, measure, and track key performance indicators. Metrics can support decisions related to: Compensation programs Hiring and retention Succession planning Employee performance Training Allocation of resources Technology purchases Outsourcing A Business Approach Metrics typically describe the current situation, compare current numbers with previous years’ or with a competitor’s […]
Corporate retirement plans in the United States are much less likely to employ socially responsible investing strategies in their portfolio investments than are public pension plans, according to a new report by global financial services company BNY Mellon. Concerns about ERISA and fiduciary roles, along with “lack of interest” and “performance tradeoff,” were most often […]
The latest annual survey of Fortune 100 companies’ retirement plan types confirms the familiar shift to defined contribution plans by most of the largest U.S. firms. As of 2012, 70 of the Fortune 100 companies offered only DC plans to new, salaried employees. Just 11 still offer a traditional defined benefit pension plan to new […]
When it comes to health reform’s new Summary of Benefits and Coverage, the feds will give some compliance leeway in cases where plan sponsors cannot fit data into the narrow spaces prescribed in the law, a prominent federal official told benefits attorneys in Washington, D.C. Many in the industry say the health reform law was […]
Employee abuse of leave is a problem for 10% and consistent application is an issue for 7%. A lucky 4% have no or very few issues when it comes to managing employee leave. Survey Highlights As expected, paid vacation time, separately or as PTO, is available to over 95% of those responding to our survey, […]
Fellows, founder and president of WorkLife Performance, Inc. divides flex/telecommuting into three “flavors.” She offered her tips at a recent webinar sponsored by BLR and HR Hero. Flavor #1—Flexible Hours This is the opportunity to begin and end each workday at an approved time outside the standard (or “core”) working hours while still completing the […]
One of the advantages to telecommuting that many organizations are finding is that it forces managers to manage by results rather than by presence, says Fellows, founder and president of WorkLife Performance, Inc. Fellows offered her flex/telecommuting tips at a recent webinar sponsored by BLR and HR Hero. Flex Program Evolution Flex started in early […]
By Compensation.BLR.com Editor Robert Brady For years, BLR® has surveyed HR and compensation/benefits professionals to find trends in policy and practice. We appreciate your participation in our series of brief, targeted surveys. Today’s survey topic: Holiday Practices. We’ll publish the results in a future issue, and we’ll also send you a PDF report. (Be sure […]
Corporate pensions’ September funding levels continued to recover, gaining ground on rising interest rates that reduced the funds’ liabilities. Three benchmark measures of the funded status of typical corporate retirement plans all showed improvement from August and record-low levels recorded earlier this year. Pension liabilities, or benefit obligations, of the 100 largest corporate defined benefit […]
Retirement plans’ fortunes are tied to the financial markets — and how the federal government regulates them — and there has been no bigger development in that arena than the Dodd-Frank Wall Street Reform Act of 2010. The law made news Oct. 3, when presidential candidate Mitt Romney criticized Dodd-Frank’s “too big to fail” provision, […]