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In September, a judge rejected a $33 million settlement between the Securities and Exchange Commission and Bank of America that it deemed unfair to stockholders. The settlement related to bonus payments to Merrill Lynch executives at the time of Bank of America’s acquisition of the firm. The rejection was another indication to Scott Landau that […]
In September, a judge rejected a $33 million settlement between the Securities and Exchange Commission and Bank of America that it deemed unfair to stockholders. The settlement related to bonus payments to Merrill Lynch executives at the time of Bank of America’s acquisition of the firm. The rejection was another indication to Scott Landau that […]
Have you thought about the employees you will hire 10 or 15 years from now? Probably not, but the National Business Group on Health (NBGH) wants you to. The organization works with large employers to develop workplace policies aimed at keeping the population healthy and productive and at the same time save money for their […]
Companies considering a move to a consumer-driven healthcare (CDHC) model to cut costs and keep their health plan budgets under control need to focus on employee needs. If not properly communicated, moving employees to a CDHC model can be perceived as no more than a massive cost-shift, and will damage morale and productivity. But, if […]
Compensation laws are changing, and the changes will likely mean you’ll do things differently. The Ledbetter decision, covered here in recent issues, may have you scrambling to document pay decisions better and keep the records longer (or indefinitely). What you may not know is that these decisions could have an impact on your overall human […]
by Richard Berger, Cammack LaRhette Consulting It seems as if everybody is freezing their pension plans. If your defined benefit (DB) plan is desirable, how can you make it manageable for the long haul and avoid a freeze? What Has Driven Employers to Freeze? Employers have been freezing their pension plans for two main reasons, […]
by Richard Berger, Cammack LaRhette Consulting It seems as if everybody is freezing their pension plans. If your defined benefit (DB) plan is desirable, how can you make it manageable for the long haul and avoid a freeze? What Has Driven Employers to Freeze? Employers have been freezing their pension plans for two main reasons, […]
You’re asked by your company’s board of directors to reexamine your executive compensation. How, they want to know, does the company’s executive pay stack up when compared against other organizations? The first thing to do is to decide which companies should make up your peer group. Should you compare to the companies against whom you […]
You know the drill: spend some extra time and effort to bring down costs for the tiny percentage of participants who spend most of the health claims dollars, and you’ll reduce your insurance expenses. The problem, says Michael McKenna, president of Partners Benefit Group (www.partnersbenefitgroup.com), is that small or mid-sized fully-insured companies may not be […]
In recent years a growing number of companies have invested a lot of time and effort creating a performance-based compensation system. If yours falls into that category, then sales personnel and managers likely feel a strong link between the company’s overall perfor-mance, their departmental performance, their own individual performance, and their paychecks. Good job! But […]