Category: Benefits and Compensation

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.

Parental Leave for Lawyers Promotes Work-Life Balance, Retention

Without 6-month parental leaves after the births of her two children, as well as a flexible work arrangement, attorney Lisa J. Pirozzolo says she wouldn’t have been able to achieve as much as she has in her career at WilmerHale. “From my personal experience, I wouldn’t be here as a partner with the firm, if […]

Maximize the Impact of Your Employee Assistance Program

Employee Assistance Programs (EAPs) have been around for decades, and your company likely has one. You may not pay much attention to it, but if you don’t, you may be missing an opportunity to really reap its maximum value. Recently, the National Business Group on Health (NBGH) (businessgrouphealth.org) created a work group charged with a […]

Don’t Be Afraid of Social Media: Smart and Simple Ways To Use These Tools for Benefits Communication

by Jennifer Benz Social media is the buzz at every corporate communications or HR conference, and the tools are growing more quickly than anything else online. Yet few companies are effectively integrating these tools into their benefits or strategic HR communications. Many companies are paralyzed because they don’t understand the tools, or they assume social […]

You Can Save More on Prescription Drugs

In the last few years, the market has seen a shift toward the use of generic drugs. Your prescription drug plan probably encourages it, and so does the local drug store; you can get a 30-day supply of many generic drugs for just $4 at several of the big name pharmacies. Most benefits professionals can […]

Help! I enrolled an employee in an FSA plan erroneously!

Here’s a chance for you to interact with the blog editors from Thompson Publishing Group’s HR and benefits group. If you have a question or comment about flexible benefits cafeteria plan enrollment, send it along! In the meantime, here’s John Iekel, managing editor of the Flex Plan Handbook, responding to just that kind of question. […]

Be Up-Front When Communicating Pay-Cutting Strategies

There was a popular song in the 1970s telling listeners that the hardest word to say is “sorry.” You may agree with that, generally speaking. But for those who are less musically inclined, and those whose companies are suffering in the current bleak economy, different words likely come to mind: Words like “layoff,” “furlough,” or […]

Travel Incentive Competition Boosts Productivity, Retention

At some companies, worthwhile projects fall by the wayside due to lack of sufficient time and resources. Not so at eni, where teams of employees who successfully complete special projects are rewarded with a companywide, all-expenses-paid trip to an exotic location. How It Works The travel incentive program was implemented more than a decade ago […]

Tips for Managing a Reduced Workforce Cutting Corners to ‘Save a Buck’ Can Cost Millions Down the Line

by Warren Nelson and Karl Lindegren, Fisher & Phillips, LLP  In today’s tough economy, employers worldwide have been forced to shed key personnel in order to minimize costs. Companies large and small have reduced their workforce by drastic numbers, many left with no choice but to lay off valued employees. However, in the wake of […]

Outside Compensation Experts and HR: What’s Your Role?

As part of the Human Resources team who has significant compensation expertise, you may be feeling a little, well, left out. The climate around executive compensation is complicated right now, including both increased regulation and increased outrage (not coincidental, by the way). It may have your compensation committee bringing in the big guns—external resources called […]