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.
When people are asked to rate other drivers, most won’t hesitate to say that a large percentage of those they share the road with are bad drivers. But when they are asked to rate themselves, the vast majority will say that they consider themselves to be above average drivers. The same phenomenon seems to apply […]
Without 6-month parental leaves after the births of her two children, as well as a flexible work arrangement, attorney Lisa J. Pirozzolo says she wouldn’t have been able to achieve as much as she has in her career at WilmerHale. “From my personal experience, I wouldn’t be here as a partner with the firm, if […]
Employee Assistance Programs (EAPs) have been around for decades, and your company likely has one. You may not pay much attention to it, but if you don’t, you may be missing an opportunity to really reap its maximum value. Recently, the National Business Group on Health (NBGH) (businessgrouphealth.org) created a work group charged with a […]
by Jennifer Benz Social media is the buzz at every corporate communications or HR conference, and the tools are growing more quickly than anything else online. Yet few companies are effectively integrating these tools into their benefits or strategic HR communications. Many companies are paralyzed because they don’t understand the tools, or they assume social […]
In the last few years, the market has seen a shift toward the use of generic drugs. Your prescription drug plan probably encourages it, and so does the local drug store; you can get a 30-day supply of many generic drugs for just $4 at several of the big name pharmacies. Most benefits professionals can […]
Here’s a chance for you to interact with the blog editors from Thompson Publishing Group’s HR and benefits group. If you have a question or comment about flexible benefits cafeteria plan enrollment, send it along! In the meantime, here’s John Iekel, managing editor of the Flex Plan Handbook, responding to just that kind of question. […]
There was a popular song in the 1970s telling listeners that the hardest word to say is “sorry.” You may agree with that, generally speaking. But for those who are less musically inclined, and those whose companies are suffering in the current bleak economy, different words likely come to mind: Words like “layoff,” “furlough,” or […]
The scandals were shocking, but at first, they seemed to impact just a few companies. The name Enron became familiar to everyone. The next wave of meltdowns took down some large investment banks, such as Merrill Lynch and Bear Stearns, and more people were affected. The public outcry over how executives at these companies were […]
At some companies, worthwhile projects fall by the wayside due to lack of sufficient time and resources. Not so at eni, where teams of employees who successfully complete special projects are rewarded with a companywide, all-expenses-paid trip to an exotic location. How It Works The travel incentive program was implemented more than a decade ago […]
by Warren Nelson and Karl Lindegren, Fisher & Phillips, LLP In today’s tough economy, employers worldwide have been forced to shed key personnel in order to minimize costs. Companies large and small have reduced their workforce by drastic numbers, many left with no choice but to lay off valued employees. However, in the wake of […]