Tag: Compensation

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, […]

’Tis the Season … to Do Right by Employees and Customers

Among other things, having a manager who cares about them as people is part of being happy at work. So when I heard about Liberty Bottleworks, I figured it must have a pretty satisfied workforce. Here’s the story, from a recent edition of The Oswald Letter. It seems that over the Thanksgiving holiday weekend, the […]

4 Reasons Your Top Talent Is Thinking About Leaving

Chou, who is senior practice leader, compensation, at WorldatWork, offered his tips at WorldatWork’s Total Rewards 2013 Conference and Exhibition in Philadelphia. Why Key Talent Leaves Employers are always concerned about retaining top talent, says Chou, and most are getting a little more concerned as the economy brightens. However, the truth is that the job […]

Worksite Privacy from Social Networking to Social Security

Happy Holidays to all our readers from the Advisor Team: Amanda, Chelsea, Kate, Rafael, and Steve! [Go here for privacy issues 1 to 4.] 5. Social Networking Sites Employees have increasingly been utilizing social networking sites for a variety of uses, both personal and professional. Although these sites can be beneficial, their use can also […]