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.
Additional Findings: Over half of all companies (56%) offer child care assistance to employees, most commonly flex time or leaves of absence. However, few companies offer paid leave (14%) or unpaid leave (29%) for childcare, conducted with readers of the HR Daily Advisor. 20% of companies offer paid leave (excluding sick leave) for spouse […]
Bad news for people who think cell phones cause brain cancer, but good news for employers who think IRS’ old substantiation rules on cell phones were causing brain damage and stomach ulcers. The IRS provided some long-anticipated relief to employers that provide cell phones to their employees for business use, as well as to the employees who once […]
Health care reform is still alive and kicking. Employer-sponsored health plans have implemented many of its thorny provisions, but one provision now looks like the biggest thorn of all. We are talking about Section 2715 of the Patient Protection and Affordable Care Act (PPACA). You must, of course, know all about this section … no? […]
The important lesson from yesterday’s Advisor was to view incentive compensation as a way to drive business results. Determine what is important to your customers, and then create incentive goals to support that. Divide your employees into business groups, advises Mark Mitchell, managing director of American’s Customer Experience area. Let the employees have a voice […]
Mark Mitchell, managing director of American’s Customer Experience area, tells the story: “In the middle 2000s, maybe 2003 to 2006, as American worked very diligently to take the right path financially and not go through the bankruptcy courts, we preserved cash and ceased investing in some of our core products. Our customers, our employees— maybe […]
Benefits administrators can be forgiven if their response to the IRS’ latest plan to issue guidance on cafeteria plans is “Promises, Promises!” Finalizing cafeteria plan regulations is the most far-reaching benefits-related item on the IRS 2011-2012 Priority Guidance Plan. The agency proposed café plan regs in 2007 and has been saying that it will finalize […]
What holidays are offered to employees in 2011? Number Percent Saturday January 1, 2011 (New Year’s Day) 777 88% Martin Luther King, Jr. Day 235 27% Lincoln‘s Birthday 9 1% Washington’s Birthday/President’s Day 267 30% Good Friday 212 24% Memorial Day 836 95% Independence Day 840 95% Labor Day 825 94% Rosh Hashana 7 1% […]
The rise in acceptance of domestic partnerships, both by law and choice has led to a lot of tricky challenges for HR managers who have to administer benefits programs. Who gets benefits and what benefits do they get? Let’s find out. Please participate in this brief survey and we’ll determine just what employers are offering […]
The IRS has just given you a hand in better enabling your employees to establish health savings accounts (HSAs). The IRS on Aug. 30 issued Announcement 2011-59, which includes a list of entities the IRS has approved to serve as nonbank trustees and custodians of HSAs. Under Code Section 223, which sets the rules for […]
The IRS’ “to do” list includes writing up a notice on cell phone substantiation and finalizing guidance on debit cards used with qualified transportation fringe benefits (QTFBs), according to its 2011-2012 priority guidance plan published Sept. 2. Smart Cards The IRS lists 29 items under the heading, “executive compensation, health care and other benefits and […]