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.
The quest to escape the upward premium spiral has hurt some small employers. Some have been hurt by fly-by-night Multiple Employer Welfare Arrangements (MEWAs) that ended up being unable to pay claims, says the U.S. Department of Labor (DOL). In its quest to stop such MEWAs, DOL is proposing new enforcement and oversight rules. DOL […]
In yesterday’s Advisor, experts Jerome A. (“Jerry”) Colletti and Mary S. Fiss clarified Fast Start Bonuses and Overachievement Incentives for “turbo-charging sales performance. Today, their take on SPIFFS, plus an introduction to a special guide for smaller comp/HR departments. Colletti is Managing partner of consulting firm Colletti-Fiss, LLC; Fiss is a partner. They shared their […]
What’s Happened in Leave Land? The first challenge is the multiplicity of types of leave entitlements—workers’ compensation, short-term disability, FMLA, Military FMLA, state family leave, paid family leave, and the ADA. The result? Potential stacking of up to 5 or more types of leave, says Southard. The second big factor, she adds, is the explosion […]
Three “turbo-charged” sales incentive techniques will accelerate your sales performance, say experts Jerome A. (“Jerry”) Colletti and Mary S. Fiss. They shared their tips at the WorldatWork’s Total Rewards Conference and Exhibition, held recently in San Diego. The three turbocharged techniques Coletti and Fiss suggest are: Fast Start Bonuses, OA incentives, and SPIFFs. Colletti is […]
Employers that sponsor health plans might get rebates from their group health insurers thanks to health reform, but if they do, they are required to pass the proper amount of the rebate on to employees. Under the medical loss ratio (MLR) rule (mandated by the 2010 reform law), health insurers must spend a minimum percentage […]
Here’s Oswald’s take on the “F” Word: According to the article the writer analyzed 50 recent news releases announcing coaching changes in college football and basketball. Of the 50 releases reviewed, not a single one contained the word “fired” — zip, zilch, nada. “How can that be?” Well, while none of the coaches was fired, […]
On Jan. 1, employers in San Francisco will have to make sure that employee health reimbursement accounts the city requires them to fund are available to employees for two years, not just one. Amendments to the Health Care Security Ordinance (HCSO) add to the requirements the city already has in place to establish access to universal […]
Senner and Johansen, obviously proud of their accomplishment, shared the outcomes of their work and some of the raves from employee, recruiters, and candidates. Senner is Division VP, Compensation, and Johansen, CBP, CCP, is Director International Compensation & Global Programs. They offered their tips at WorldatWork”s Total Rewards Conference and Exhibition, held recently in San […]
The pair laid out the approach Abbott used to develop a highly successful on-line portal that offers candidates and employees one-stop total compensation information. Senner is Division VP, Compensation, and Johansen, CBP, CCP, is Director International Compensation & Global Programs. They offered their tips at WorldatWork”s Total Rewards Conference and Exhibition, held recently in San […]
The other day a colleague passed along an article on leadership written by Michael Hyatt. The piece was titled, “The Five Characteristics of Weak Leaders” and focused on the leadership of General George B. McClellan, the first general-in-chief of the Union Army. It detailed the weaknesses McClellan exhibited as a leader and how they ultimately […]