Practical HR Tips, News & Advice. Updated Daily.
This topic provides 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.
In response to health reform, some employers may stop offering health coverage and opt instead to pay a fine, give workers a raise and send them to state-run health insurance exchanges. Compensating for that , the individual mandate may drive about 4 million workers into employer plans, according to research from various sources compiled by […]
Four signs of bad turnover are: Your turnover rate is high compared to industry norms Your turnover rate is high compared those with whom you compete for employees A significant number of employees leave to work for competing employers You are losing many of your top performing employees. In these cases, begin to seek out […]
In spite of significant changes now in progress for the fee disclosures required from retirement fund service providers, a study of plan sponsors’ loyalty to these vendors shows increased satisfaction with them. The survey’s results may indicate that new fee transparency rules alone may not sway many plan sponsors to switch providers. The annual study […]
Turnover Makes Us happy When the people leaving the organization are exactly those you wished would leave, you can applaud turnover. Unfortunately, that’s not likely to happen. The employees you wish would leave usually hang on doggedly. (Who else would want them?) And of course, some degree of turnover is to be expected and is, […]
Lawmakers on Capitol Hill have put transit parity — that is, the equalization of mass transit and qualified parking benefits under tax Code Section 132 — back in play, after watching it fail earlier in the session. The legislation would extend a temporary parity provision that expired Dec. 31, 2011, for another two years. Sen. […]
Here, for example, is a (brief?) summary of what you and your organization will face in 2013: Health Insurance Administration Simplification During 2013 and on to 2016, HHS is to develop uniform standards to reduce the clerical burden on patients, healthcare providers, and health plans. A health plan must comply with the new requirements by […]
Beachboard, who is a shareholder in the Los Angeles and Torrence, California offices of national employment law firm Ogletree, Deakins, Nash, Smoak & Stewart, P.C., shared his model computer usage policy at the SHRM Annual Conference and Exposition held recently in Atlanta, Georgia. Model Computer Usage Policy This policy applies to all Company employees, contractors, […]
A proposal to raise specific attachment points in a stop-loss model act to a level that proponents of self-funding say would restrict smaller firms’ ability to self-insure health benefits was delayed after an Aug. 11 debate hosted by the National Association of Insurance Commissioner’s ERISA working group. The working group cited the need to study […]
By Jane Meacham An appellate court sided with a plan administrator’s decision that a deceased plan participant’s stepsons are not entitled to his pension benefits, a ruling that may set the direction for similar plan interpretations under ERISA law. In the case, Herring v. Campbell , Case 11-40953 (Aug. 7, 2012), John Wayne Hunter, a retiree […]
Branches of the federal government have taken divergent actions affecting same-sex partners. A federal district court upheld a state law defining marriage as occurring between a man and a woman; meanwhile, the U.S. Office of Personnel Management has issued final and proposed regulations to expand federal employees’ benefits coverage to their same-sex partners and those […]