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.

Make Your Benefits Package Goal-Oriented, Responsive to Individual Employee Needs

Turbulence in the economy means that many companies are looking toward their benefits package as a way to save money. But the employee benefits package is a critical tool to attract and keep top-quality employees. It should be designed with those employees firmly in mind, appealing to what is important to them and giving you […]

Wellness Programs—A Corporate Counsel Perspective

by Paul Risner, U.S. Preventive Medicine Corporations are flocking to wellness programs, and it appears they will continue to do so for quite some time. According to a 2007 survey of CEOs of global companies, conducted by PricewaterhouseCoopers Health Research in conjunction with the World Economic Forum, more than half of multinational corporations expect to […]

Using Child Care as a Recruiting/Retention Strategy

A recent survey by Deloitte & Touche revealed that 4 in 10 executives plan to use the current economic difficulties as an opportunity to recruit top talent for their companies, reports Fran Durekas, founder and chief development officer of national childcare provider Childrens’ Creative Learning Centers (www.cclc.com). It’s no secret that some of that top […]

Culture of Fun, Teamwork, Social Activities Help Employees Feel Connected to Company

Ghosts and goblins fill the halls of Lois Paul & Partners (LP&P) for the annual Halloween party, but employees’ children will not be the only ones decked out in costumes. Each year, the Boston-based public relations agency invites employees to bring their children in costume to visit the office, participate in a “Halloween Parade,” and […]

Small Changes to Health Plan, Big Improvements in Employee Health

 “A lot of folks don’t understand their health benefits and their pharmacy benefits as well as they could,” says Ed Pezalla, M.D., medical director of Aetna’s Pharmacy Management Program. That incomplete understanding impacts employee health much more than you might suspect. And what impacts employee health impacts your company’s healthcare dollars. Pezalla suggests some minor […]

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 […]