Tag: benefits

Could Guaranteed Employment Improve Your ROI?

Guaranteeing a job may be a cringe-worthy proposition for most HR execs. How about you – woud you sign a new hire with a contract for 24 months of protected employment? How about if we told you that it could improve your ROI? According to HR Pro Tim Sackett, there is a scenario where guaranteed […]

Nuns Challenge Goldman Sachs Pay Policies

Last year Goldman Sachs paid its five most senior employees a collective $69.5 million dollars. Chief Executive Lloyd Blankfein may have claimed that he was doing “God’s work,” but four orders of nuns beg to differ. The Sisters of Saint Joseph of Boston, Sisters of Notre Dame de Namur, the Sisters of St Francis of […]

Employees Collectively Lose Nearly 20,000 Pounds in Health Challenge

By challenging employees to achieve a healthy weight or become more physically active, CIGNA raised employees’ awareness of their own health and their company-sponsored benefits. How It Worked Last fall, CIGNA introduced a new incentive for employees to maintain a healthy weight, says Marilyn Paluba, senior consultant with the Healthy Life program—a $15 per pay […]

CEO of Penny’s Receives 48% Pay Increase in 2010

Myron Ullman III, CEO and Chairman of J.C. Penney, received a total compensation package worth $12.3 million dollars in 2010, a 48% increase from last year, according to the Associated Press.   Bloomberg Businessweek reports that while Ullman’s base salary of $1.5 million remained unchanged from 2009, his other benefits far outweighed those of last year. […]

Benefits for Older Employees: Can They Be Excluded?

By Lindsey Taylor As we have discussed in previous editions, mandatory retirement across Canada is becoming a relic of the past. And employers are beginning to face the ripple effects. One of those ripple effects is benefits entitlement: Can Canadian employees over 65 be excluded from benefits? The answer isn’t clear. As a handful of […]