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Compensation

From benefits administration to wage and salary levels, HR Daily Advisor gives you specific guidance on how to handle compensation issues in a way that attracts and retains the best talent and advances the strategic goals of your business. You get news and tips on what’s going on nationally and in the states, and updates on changes in regulations, possible governmental action and emerging compensation trends.

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Tips for Preventing Fraud in Workers’ Compensation Claims

Most employers understand the benefits of workers’ compensation insurance. If an employee is injured on the job, the insurance kicks in to pay for the medical bills and at least a portion of the lost wages while the employee recovers. The employee doesn’t have to fear losing his or her livelihood after reporting the injury, so there is less incentive to keep injuries quiet. The employer doesn’t usually have to fear negligence lawsuits (except in extreme cases) for simple work injuries. (In the past, these suits were the only way for an employee to get bills covered, so they were much more common—workers’ compensation is in place to reduce this issue.)

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Minimum Wage Requirements 101

Does your organization pay minimum wage for any roles? What about roles that are paid above minimum wage, but still close to it? Did you know this may not be enough to be legal if you’re taking certain deductions off that pay? Did you know that you may not be able to pay only the federal minimum wage if your local minimum wage regulations differ? Let’s take a closer look at some minimum wage basics.

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More Holiday Survey Results—How Does Your Company Celebrate?

In yesterday’s Advisor, we shared some results from our 2014 Holiday Practices Survey. Today, more findings from this timely study, including what organizations are doing regarding employee gifts, charitable donations, and decorations.

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Survey Says … ’Tis the Season for Paid Days Off

With the holidays right around the corner, it’s the perfect time for our Holiday Practices Survey results. Let’s take a look at how professionals responded—how does your company compare?

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Assessing Salary Competitiveness: Market Survey 101

Do you ever wonder if your employees’ salaries are in line with the market? Perhaps you are finding that applicants are often turning down job offers—and you suspect the salary level might be to blame. How can you know? One of the best ways to get data on competitor salary offerings is to use a market survey.

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Performance Appraisal Basics: Continual Communication

Performance appraisals shouldn’t start and end with one annual meeting, yet this is a common mistake many employers make—a mistake that can leave employees blindsided and frustrated instead of empowered and productive.

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Expert Reveals Variable Pay Program ‘Framework’

In yesterday’s Advisor, we discussed why merit programs don’t work according to consultant John Rubino. Today, his take on variable and step-based pay systems.

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Merit Pay Systems—Do They Work? Not According to This Expert

When asked if merit-based systems are the most effective way of structuring pay, consultant John Rubino says, “No. I have never met a merit increase base salary program that I liked, and that was effective and motivational.”

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Survey says … What Leaves Are Your Competitors Offering?

Yesterday’s Advisor began our presentation with the results of BLR’s 2014 Employee Leave Survey; today, the rest of the results. How does your organization measure up?

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Employee Leave: Survey Says … How Do You Compare?

Highlights of the 2014 Employee Leave Survey:

  • 97% offer some type of vacation pay.
  • 80% allow employees to take sick time for sick relatives.
  • 30% allow some form of sharing leave.
  • As for top challenges regarding employee leave, scheduling workloads around employee leave topped the list at 49.8% followed by recordkeeping and/or tracking leave at 37%, abuse of leave at 36.5%, and FMLA intermittent leave at 33.5%.

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