Tag: Compensation

Supervisory Sin 7: Making Wage/Hour Blunders

[Go here for sins 1 through 6.] Sin #7. Making wagehour blunders We’re out of overtime. Can you clock out and then set up for tomorrow? You’ll be working alongside our regular employees, but you new recruits are all independent contractors. Tracy, make sure you stay close to the phone during lunch. Sandy, keep your […]

10 Sins of Well-Meaning Supervisors

Sin #1. Making Unlawful Preemployment Inquiries That’s an interesting accent you have. Where were you born? Do you have any children? If so, will you have any daycare problems? By the way, we’re all about diversity here. Inappropriate questions during interviews and other preemployment contacts are a primary source for claims of discrimination. The courts […]

How Does ACA Impact Employee Wellness Programs?

Did you know that the Affordable Care Act (ACA) contains provisions related to the implementation of employee wellness programs? The latest information– the final rule that appeared in the Federal Register – defined new parameters for employee wellness programs. It directs how they must be designed and administered to make sure they are equally available […]

VBBD—A Practical Case Study Shows Benefits

In yesterday’s Advisor, consultant Carla McCormick offered tips for moving toward Value-Based Benefits Design (VBBD). Today, she offers a case study in VBBD plus we introduce a timely webinar on your 2014 Affordable Care Act obligations. McCormick, a consultant with Fallon Benefits Group in Atlanta, made her remarks at BLR’s Advanced Employment Issues Symposium, held […]

VBBD—Case Study Shows Real Savings

McCormick, a consultant with Fallon Benefits Group in Atlanta, made her remarks at BLR’s Advanced Employment Issues Symposium, held recently in Las Vegas. Case Study in VBBD Some facts about the client: Global presence with more than 7,000 covered lives Employee population includes office staff, manufacturing, and drivers Average employee age: 45 years Very low […]

VBBD—Where It’s Going in Benefits

What is VBBD? It’s about taking a comprehensive approach to helping employees to be healthier—and helping the company to save money. McCormick, a consultant with Fallon Benefits Group in Atlanta, made her remarks at BLR’s Advanced Employment Issues Symposium, held recently in Las Vegas. What Are the Keys to VBBD? McCormick offers the following necessary […]

Where Are Benefits Headed? VBBD

Where are benefits heading? To Value-Based Benefits Design (VBBD), says consultant Carla McCormick. If you are not evaluating VBBD for your company, you are ignoring large potential savings, she adds. What is VBBD? It’s about taking a comprehensive approach to helping employees be healthier—and helping the company save money. McCormick, a consultant with Fallon Benefits […]

Obamacare—Love It or Loathe It—Offers Lessons for Every Manager

(Dan Oswald, CEO of BLR, offered his thoughts on Obamacare in a recent edition of The Oswald Letter.) It’s not unusual for a talented, newly appointed executive to announce a bold and innovative course of action for the department or company she was just chosen to lead. And with bold plans come risk and detractors. […]

Infographic on Health Care Costs 2014

This infographic via Mercer shows that although US health benefit cost growth slowed again in 2013, employers expect the rate of growth in per-employee cost of coverage to increase in 2014. “The good news is that employers have already taken decisive action to slow cost growth so they will be in a better position to […]

Mercer Infographic Shows Global Pay Increases for 2014

The latest Global Compensation Planning Report from Mercer highlights increases across most regions of the 100 countries studied. View the image below for a summary of the findings. “Employers will remain cautious with pay raises in 2014, but employees, nevertheless, will benefit from a gradually improving relationship between economic growth and inflation,” says Niklaus Kobel, […]