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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.
Employers and plan administrators with multiple employer welfare arrangements (MEWAs) that had not been required to file a Form 5500 for their MEWA may have to if a proposal by the Department of Labor’s (DOL) Employee Benefits Security Administration (EBSA) is adopted. EBSA on Dec. 6 published a proposed revision to Section 2520 of the […]
Culbert, author of Get Rid of the Performance Review!, is a consultant and professor at UCLA. To achieve the best results for the organization, Culbert recommends that all managers and supervisors: Help subordinates see that the boss understands their perspective. Too many managers, helped along by rigid performance review processes, frame situations on the basis […]
Culbert, a professor of management at UCLA, goes on to say that the performance review is "a pretentious, bogus practice that produces absolutely nothing that any thinking executive should call a corporate plus." In Culbert’s book, Get Rid of the Performance Review!, he advocates instead the performance preview, which he says will actually accomplish what […]
Here is a suggested charting system for tracking multiple leaves, says Southard, who is the founder of leave management firm Work & Well, and is principal of Southard Consulting in Somerville, NJ. Her remarks came at SHRM’s Annual Conference & Exposition, held recently in Las Vegas. FMLA Tracking Scenario #1 The facts: A Wisconsin employee […]
The quest to escape the upward premium spiral has hurt some small employers. Some have been hurt by fly-by-night Multiple Employer Welfare Arrangements (MEWAs) that ended up being unable to pay claims, says the U.S. Department of Labor (DOL). In its quest to stop such MEWAs, DOL is proposing new enforcement and oversight rules. DOL […]
In yesterday’s Advisor, experts Jerome A. (“Jerry”) Colletti and Mary S. Fiss clarified Fast Start Bonuses and Overachievement Incentives for “turbo-charging sales performance. Today, their take on SPIFFS, plus an introduction to a special guide for smaller comp/HR departments. Colletti is Managing partner of consulting firm Colletti-Fiss, LLC; Fiss is a partner. They shared their […]
What’s Happened in Leave Land? The first challenge is the multiplicity of types of leave entitlements—workers’ compensation, short-term disability, FMLA, Military FMLA, state family leave, paid family leave, and the ADA. The result? Potential stacking of up to 5 or more types of leave, says Southard. The second big factor, she adds, is the explosion […]
Three “turbo-charged” sales incentive techniques will accelerate your sales performance, say experts Jerome A. (“Jerry”) Colletti and Mary S. Fiss. They shared their tips at the WorldatWork’s Total Rewards Conference and Exhibition, held recently in San Diego. The three turbocharged techniques Coletti and Fiss suggest are: Fast Start Bonuses, OA incentives, and SPIFFs. Colletti is […]
Employers that sponsor health plans might get rebates from their group health insurers thanks to health reform, but if they do, they are required to pass the proper amount of the rebate on to employees. Under the medical loss ratio (MLR) rule (mandated by the 2010 reform law), health insurers must spend a minimum percentage […]
Here’s Oswald’s take on the “F” Word: According to the article the writer analyzed 50 recent news releases announcing coaching changes in college football and basketball. Of the 50 releases reviewed, not a single one contained the word “fired” — zip, zilch, nada. “How can that be?” Well, while none of the coaches was fired, […]