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.
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 […]
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. […]
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 […]
The scandals were shocking, but at first, they seemed to impact just a few companies. The name Enron became familiar to everyone. The next wave of meltdowns took down some large investment banks, such as Merrill Lynch and Bear Stearns, and more people were affected. The public outcry over how executives at these companies were […]
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 […]
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 […]
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 […]
W.R. Grace & Co. not only promotes the benefits of wellness to its 5,900 employees globally, the company makes it easy for them to maintain a healthful lifestyle. Accessible Treatment Grace (www.grace.com), a global supplier of catalysts and other products, was recently recognized for a third consecutive year as a Platinum-Level Start! Fit-Friendly Company by […]
It’s something we all know is coming, yet somehow, it is nearly always a surprise. We’re speaking here about one of the two inevitabilities of life, and we don’t mean taxes. When you’re setting up systems and processes for your benefits package, you’re usually ready to process retirements, changes at open enrollment time, and the […]
Mention retirement to some people, and you’re likely to see a reaction that can only be described as giddy. They see retirement as a time to relax, travel, spend time with loved ones, or to pursue a long-held dream of a new business or philanthropic pursuit. And if the word retirement brings up these pleasant […]