Tag: Compensation

Infographic: 2013 employer holiday pay practices

BLR has released the results of the new 2013 Holiday Practices Survey, which examines employer practices for providing paid holidays and paying nonexempt employees during the 2013 holiday season and provides information on planned paid holidays for 2014. The infographic below highlights survey findings and links to an article by BLR Legal Editor Susan Prince, […]

What’s the Real Cost of EE Healthcare? (Hint: More than You Think)

How Big Is the Number? Most HR managers underestimate the full costs of employee health (or lack thereof), says Ahlrichs. He refers to a study involving auto manufacturers and 171,250 employees. The study recorded basic medical costs for the measured period—the metric most wellness plans look at—at $509 million. But add pharmacy and the number […]

Why Wellness Fails, Why One Program Really Works

First, says Ahlrichs, a consultant and business developer with Gregory & Appel in Indianapolis, Indiana, here’s just one example of why wellness is failing: Getting more serious, Ahlrichs describes a wellness program that’s really working well. Case Study—A New Approach to Wellness Here was Ahlrichs’ client’s situation: County government 3,500 employees Mix of white and […]

Live Generously: Being in Business to Help Others

Oswald, CEO of BLR, shared his thoughts about the article in a recent edition of The Oswald Letter: The article caught my attention for a number of reasons. I love the “Live Generously” lead. I just think it’s a great concept. Add to it the teen and business angles, and I was hooked. The article […]

Selecting Your Outsourcing Vendor

Letke, who is founder and CEO of Integrity HR, Inc., in Louisville, Kentucky, offered her tips at BLR’s Strategic HR Leadership Summit in Scottsdale, Arizona. How Do You Identify Providers/Partners/Vendors? There are a number of helpful sources for finding outsourcing options, says Letke, including: Referrals, networking, colleagues Newspapers and magazines (HRO Today) Internet Mailings Professional […]

Outsourcing, Offshoring: Bane or Benefit?

What Is Outsourcing? Outsourcing is the contracting of an internal business process to a third party organization, says Letke, who is founder and CEO of Integrity HR, Inc., in Louisville, Kentucky. She offered her tips at BLR’s Strategic HR Leadership Summit in Scottsdale, Arizona. What’s the Difference Between Outsourcing and Offshoring? The two terms are […]

Engagement and Enablement—Keys to Comp Effectiveness

Yesterday’s Advisor featured consultant Tom McMullen’s take on the new total rewards; today, he lays out the drivers that get your employees to engagement. McMullen is Reward Practice Leader for Hay Group in Chicago. He was joined by Dow Scott, professor of Human Resources in the Quinlan School of Business Administration at Loyola University Chicago […]

A Sophisticated Merit Increase Grid

Morning says her grid takes into account three factors (market and business performance, individual performance, and position in range), plus there’s a lump sum option. Pay increases are based on three main factors, says Morning, president of Teri Morning Enterprises in Carmel, Indiana, who made her suggestions during a recent webinar sponsored by BLR®. In […]

What’s Happening to Total Rewards? New Landscape

The current global economic environment means executives are thinking about reward program management in new ways, says consultant Tom McMullen. The good news is that Hay Group studies show human capital concerns rank number one. What’s the Deal with the ‘Regular Rate’? FThe bad news is that many organizations still find it hard to maintain […]

Why the Trend Toward Variable Performance Pay?

Increasingly, employers are less averse to withholding merit increases for poor performers so they can afford to grant meaningful increases to better performers, says Morning, who is president of Teri Morning Enterprises in Carmel, Indiana. Morning made her suggestions during a recent webinar sponsored by BLR®. What is Variable Performance Pay? Variable performance pay aligns […]