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.
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.
Free Special Report: Top 10 Best Practices in HR Management
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?
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%.
Yesterday’s Advisor began our coverage of the incentive Pay Survey; today, more survey results, including how respondents fund incentives, how they communicate their plans, how they evaluate, and how they would improve them.
Retirement saving rightfully gets a lot of press, since it affects all of us. One of the most widely talked about retirement vehicles is the 401(k) plan, in which employees can make tax-deferred contributions to plans administered through their employer. It’s become the default retirement savings scheme for most people, replacing pensions, and there are actually a lot of options out there when it comes to 401(k) administration. One option that has come up a lot in recent years is the opt-out 401(k) plan.