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.
by David Kates, Lenox Advisors Employee benefits professionals should be aware that while their company’s top executives are well protected via their life insurance coverage and retirement plans, these same executives could be woefully exposed in their disability insurance coverage. Often, a company’s top earners have coverage that isn’t up to the task of protecting […]
As you’ve perused coverage of the new requirements placed on 403(b) plans, you may have experienced mixed feelings. Even though the requirements to maintain a written plan document and to file a Form 5500 are no more burdensome than those placed on sponsors of other qualified plans, 403(b) plan sponsors are starting from a deficit […]
With so much discussion surrounding health care of late, it’s important to know what current options are available to ensure that you as an employer are selecting the best coverage for your business and its employees. With more and more frequency, employers are leaning toward a Consumer-Driven Healthcare Plan (CDHP)—a plan in which employee/consumer behavior […]
For many employees, there’s nothing like a week in the mountains to spend time with their family and recharge—especially when the vacation is on the company’s tab. For nearly half a century, Freese and Nichols, Inc., (www.freese.com) has owned a cabin in Red River, New Mexico, and made it available to employees to use for […]
Turbulence in the economy means that many companies are looking toward their benefits package as a way to save money. But the employee benefits package is a critical tool to attract and keep top-quality employees. It should be designed with those employees firmly in mind, appealing to what is important to them and giving you […]
by Paul Risner, U.S. Preventive Medicine Corporations are flocking to wellness programs, and it appears they will continue to do so for quite some time. According to a 2007 survey of CEOs of global companies, conducted by PricewaterhouseCoopers Health Research in conjunction with the World Economic Forum, more than half of multinational corporations expect to […]
A recent survey by Deloitte & Touche revealed that 4 in 10 executives plan to use the current economic difficulties as an opportunity to recruit top talent for their companies, reports Fran Durekas, founder and chief development officer of national childcare provider Childrens’ Creative Learning Centers (www.cclc.com). It’s no secret that some of that top […]
Ghosts and goblins fill the halls of Lois Paul & Partners (LP&P) for the annual Halloween party, but employees’ children will not be the only ones decked out in costumes. Each year, the Boston-based public relations agency invites employees to bring their children in costume to visit the office, participate in a “Halloween Parade,” and […]
“A lot of folks don’t understand their health benefits and their pharmacy benefits as well as they could,” says Ed Pezalla, M.D., medical director of Aetna’s Pharmacy Management Program. That incomplete understanding impacts employee health much more than you might suspect. And what impacts employee health impacts your company’s healthcare dollars. Pezalla suggests some minor […]
We can give you a rundown on the trends occurring in employee benefits, such as how companies are dealing with increases in the cost of their healthcare plans. We can tell you how they’re shifting costs and changing approaches, and you may find it interesting in a purely academic way. Trends often focus on very […]