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.
In yesterday’s Advisor, expert Lena Bottos offered her 10 Steps to Effective Market Pricing. Today, her take on anti-trust issues and an introduction to a unique 10-minutes-at-atime training system. If I call colleagues in other companies to see what they are paying, am I creating a Sherman Anti-Trust Act violation? It’s likely, but there are […]
Thanks to President Obama’s executive order on revisiting federal regulations, and likely a flood of comments from the employee benefits community, the U.S. Department of Labor (DOL) is scratching its proposed rule on the definition of fiduciary and will be issuing a revised one in early 2012. In what likely could be considered an understatement, […]
Missouri. (He also handles compensation.) His remarks came at the recent SHRM Annual Convention and Exhibition in Las Vegas. Here are his top 9 tasks for compensation: 1. Create a Total Rewards Philosophy or at least some “guidelines” Why do you need this? To share with external applicants & associates To create internal leadership alignment […]
Delivering fair pay has never been an easy task, and today’s economy makes it just that much more difficult. Expert Lena Bottos, CCP, GRP, offers a 10-step approach for getting market pricing right. Bottos, who is Vice President of Compensation at data provider Kenexa, offered her suggestions at a recent webinar sponsored by the company. […]
The warning “Beware of the Dog” is making employers fearful in a new way. One downside of offering telecommuting privileges is injuries that occur while an employee is working from home. If an employee is injured at home while he or she is on a work-related task, he or she may be entitled to workers’ comp benefits. This raises […]
Additional Findings: Over half of all companies (56%) offer child care assistance to employees, most commonly flex time or leaves of absence. However, few companies offer paid leave (14%) or unpaid leave (29%) for childcare, conducted with readers of the HR Daily Advisor. 20% of companies offer paid leave (excluding sick leave) for spouse […]
Bad news for people who think cell phones cause brain cancer, but good news for employers who think IRS’ old substantiation rules on cell phones were causing brain damage and stomach ulcers. The IRS provided some long-anticipated relief to employers that provide cell phones to their employees for business use, as well as to the employees who once […]
Health care reform is still alive and kicking. Employer-sponsored health plans have implemented many of its thorny provisions, but one provision now looks like the biggest thorn of all. We are talking about Section 2715 of the Patient Protection and Affordable Care Act (PPACA). You must, of course, know all about this section … no? […]
The important lesson from yesterday’s Advisor was to view incentive compensation as a way to drive business results. Determine what is important to your customers, and then create incentive goals to support that. Divide your employees into business groups, advises Mark Mitchell, managing director of American’s Customer Experience area. Let the employees have a voice […]
Mark Mitchell, managing director of American’s Customer Experience area, tells the story: “In the middle 2000s, maybe 2003 to 2006, as American worked very diligently to take the right path financially and not go through the bankruptcy courts, we preserved cash and ceased investing in some of our core products. Our customers, our employees— maybe […]