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Retirement plan sponsors now have more information than ever before about the fees they are paying for plan services. This helps meet fiduciary obligations to monitor and assess the “reasonableness” of plan fees, but it also can lead to uncertainty about how best to meet these obligations. The large amounts of information provided by the […]
With serious outbreaks in several states, this year’s flu season is shaping up to be one to remember. Especially concerning is the fact that the vaccine may not be a good match for the virus. The Occupational Safety and Health Administration (OSHA) is encouraging employers and employees to maintain a healthy, flu-free workplace this […]
Lots of companies’ EVPs (employee value propositions) have nice-sounding platitudes that are a litany of things that they aren’t, says Consultant Stephanie Tarant, PhD. Take Enron, for example.
Many EVPs (Employee Value Propositions) consist of nice-sounding platitudes that are a litany of things that don’t reflect reality, says consultant Stephanie Tarant, PhD. Take Enron, for example.
You’ve heard of the Internal Revenue Service (IRS) auctioning off celebrity property, such as houses, cars, planes, and yachts, to pay off their tax debts. However, circumstances have resulted in the IRS auctioning off a baseball legend’s contractual rights to a 30-year-old deferred compensation contract to pay off his tax liens.
by Jane Pfeifle On Monday, a federal judge in Sioux Falls ruled that South Dakota’s constitutional and statutory prohibition on same-sex marriage violated the U.S. Constitution. Six same-sex couples filed a lawsuit against the governor, the attorney general, the secretary of the South Dakota Department of Health, and other public officials seeking to overturn the […]
High turnover is a cost most employers seek to avoid. Yet, societal norms have changed such that it’s quite normal for individuals to change jobs every few years. An unhappy employee is more likely to move on, of course, so employers have incentive to do what they can to increase retention levels—reducing their own costs […]
Flu season typically runs from October through May with February as the peak month. Let’s avoid an outbreak in our workplace this year by doing a bit of refresher training on this common yet potentially deadly malady. The Occupational Safety and Health Administration (OSHA) asks employees, “Do you know your flu facts?” Check your […]
The Employee Value Proposition (EVP) is the value one perceives, the employment deal that is derived from the everyday employee experience, says Consultant Stephanie Tarant, PhD. It is the foundation of an organization’s reputation as a place to work.
The Employee Value Proposition (EVP) is the total rewards value an employee or applicant derives from the everyday employee experience, says consultant Stephanie Tarant, PhD. Including compensation and benefits and more, it is the foundation of an organization’s reputation as a place to work.