Practical HR Tips, News & Advice. Updated Daily.
Lambert, who offers payroll training as “The Payroll Advisor,”says that you can’t give payroll auditing over to just anyone who’s free. There are three points that are critical for choosing the auditor. 1. Not the Person Who Does the Job First, says Lambert, you want someone other than the one who does the job to […]
Eye on the Election For today’s topic—likely changes to health care reform after the election—we turned to BLR legal editor Jessica Webb-Ayer, J.D., editor of the Benefits Compliance Advisor online newsletter and the benefits manual Benefits Compliance: Strategies for Plans, Programs & Policies. Although health care reform (also known as the Affordable Care Act or […]
Lambert, who offers payroll training as “The Payroll Advisor,” says that if you are doing an audit, might as well audit for fraud as you go. She’s found a lot of fraudulent behavior that way. Auditing for Fraud Payroll fraud is defined as “anything that uses payroll to take money from the company in a […]
Despite the fact that most comp managers are crazy busy, it’s time to add a task to the mix, says Dorf—a thorough compensation program audit. And, yes, in spite of what could be construed as a self-serving suggestion, he wants you to hire someone else to do it. Dorf is managing director of Compensation Resources, […]
While 77 percent of survey respondents indicated that training should be a joint responsibility between employer and employee, more than 33 percent said the current training they receive from their employer is not sufficient to meet their career needs in the future, according to the survey by Kelly Services (www.kellyservices.com), a global workforce solutions firm. […]
People Don’t Understand the Demographics Companies tend to relax about compensation during an economic downturn, but that may be a mistake, says Dorf, who is managing director of Compensation Resources, Inc. in Upper Saddle River, NJ. “I don’t think people understand how demographics fit with this recession,” Dorf says. The number of people who are […]
Metrics for Compensation Programs Compensation costs per dollar of profit Compensation costs per dollar of revenue Analysis of performance and production levels of employees paid in the top 30 percent of their salary range Total compensation costs as a percent of total company operating costs Analysis of compensation levels to the marketplace and key competitors […]
When a painting company got a contract to paint a highway bridge, scaffolds were suspended from the bridge. And because employees would be working 30 feet above the ground, use of fall protection in the form of a personal fall arrest system secured directly to the bridge was required and issued to each scaffold worker. […]
Cynthia Cristilli, founder and director of Life Theatre Services (www.lifetheatre.com), continues guest writing today with step-by-step instructions on creating your own training reality show. This unique training method can be used to great effect as one piece of your overall blended learning training program. How to Stage a Workplace Reality Show and Leave a Lasting […]
A metric is simply a way to quantify, measure, and track key performance indicators. Metrics can support decisions related to: Compensation programs Hiring and retention Succession planning Employee performance Training Allocation of resources Technology purchases Outsourcing A Business Approach Metrics typically describe the current situation, compare current numbers with previous years’ or with a competitor’s […]