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.
Eligibility for medical services at an Indian Health Service (IHS) facility does not disqualify an individual from being able to establish a health savings account (HSA) — but actually receiving such services can. That is what the IRS said in Notice 2012-14, which it issued on Feb. 1. The IRS said that individuals who are […]
The “first ever transparency standards for disclosure of fees and services in the public school 403(b) marketplace,” were launched Feb. 1 by partners of the 403(b) Transparency Taskforce, which include the National Education Association (NEA), the National Tax Sheltered Accounts Association (NTSAA) and The American Society of Pension Professionals & Actuaries (ASPPA). The issue of […]
We’ve talked about the advisability of doing social media background checks before. Briefly, the negative of doing such checks is that you’re guaranteed to find out things you didn’t want to know about race, religion, etc. Once you have that information, it’s easy to suggest that it played a part in your decision-making. On the […]
A plan participant’s disregard of health plan requests to verify dependent eligibility was a proper basis of a plan’s action to remove his dependents from coverage and garnish wages to recover about $23,000 in benefits overpayments, a federal court ruled in Muhammad v. Ford Motor Co., 2012 WL 95298 (E.D. Mich., Jan. 12, 2012). The […]
Legislation is wending its way through both chambers of the Washington State legislature that if enacted would make Washington the seventh state where same-sex marriage is legal. It could happen: a sufficient number of Senators for passage in that chamber have said they would vote for it if it reaches the Senate floor, and Gov. […]
Stevens is Vice President of R&D at Chally Group Worldwide, a global leadership, sales potential, and performance measurement firm. [Go here for Mistakes 1 to 6] MISTAKE 7: Being a Do-Gooder Since most sales managers enjoy influencing other people, they tend to pride themselves on improvements they see in their sales forces. They have a […]
Even with the best of intentions, you can incentivize your best people to leave, says Stevens. Chally Group Worldwide is a global leadership, sales potential, and performance measurement firm. Here are Stevens’ top 10 mistakes in incentive contest design that drive the best salespeople away: MISTAKE 1: Trying to Keep Everybody Happy Poor performers needn’t […]
Wasylyshyn. a licensed psychologist and executive advisor, is founder of the Leadership Development Forum, which provides practical guidance for improving your work experience. I Have a Remarkable Boss Remarkable bosses are well-attuned to the concerns and aspirations of others, blend both facts and people considerations in their decision-making, and have healthy egos focused on business […]
The good news: Important drugs are going generic — a savings opportunity for employer-sponsored health plans, which should do what’s reasonable and what’s allowed to switch employees over to generics. The bad news: Health plans may still have to ensure they are getting the maximum cost savings. A case in point: Several health plans are […]
In yesterday’s Advisor, we featured expert Sally Stevens’ first six mistakes that incent the best salespeople to leave. Today, the rest of her top 10, including being a “DoGooder,” plus an introduction to the “audit-before-the-feds-do” system for preventing expensive pay mistakes. Stevens is Vice President of R&D at Chally Group Worldwide, a global leadership, sales […]