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.
By Larry Karle, Longfellow Benefits While the market crash of 2008 is in the rearview mirror for many participants and plan sponsors alike, the bitter taste that was left due to many people suffering significant hits to the values of their retirement savings and their 401(k) balances remains to this day. In some instances, participants […]
For Holly Monroe, open enrollment and an increase in cardiovascular activity came at the same time each year. When she spotted the representatives from her employer’s voluntary insurance plans, she says, she always took to her heels. “I was one of those people who would run from the insurance people,” she freely admits. Monroe has […]
Recent economic conditions may be compared to torrential rains. It seemed at some points like the downpour just kept coming, and that companies and individuals got more and more panicky as the water kept rising. All of us have been affected in one way or another, but perhaps none more so than the retired population. […]
Who: W.R. Grace & Co. What: Offers on-site medical offices and promotes wellness Results: Lower absenteeism and lower incidence of seasonal flu. Lower turnover and lower heath insurance costs. Increased personal and team productivity. W.R. Grace & Co. not only promotes the benefits of wellness to its 5,900 employees globally, the company makes it easy […]
Myron Ullman III, CEO and Chairman of J.C. Penney, received a total compensation package worth $12.3 million dollars in 2010, a 48% increase from last year, according to the Associated Press. Bloomberg Businessweek reports that while Ullman’s base salary of $1.5 million remained unchanged from 2009, his other benefits far outweighed those of last year. […]
Microsoft has announced plans to shift stock awards into the base salaries for its most valuable workers, proving more cash up front, says Bloomberg. This comes amid news of increasingly competitive compensation practices in the technology sector, with Google, Twitter, and and Facebook camps looking to attract…and keep the best engineers and computer scientists. Some […]
There’s a gap between the amount companies and employees pay in employment taxes, and the amount they should be paying. And guess what? The Internal Revenue Service (IRS) is determined to narrow that gap. Much like going on a diet, the way they plan to shrink it will probably be uncomfortable for many American companies. […]
We’ve scoured the blogosphere to find the best resources in Compensation and Benefits. Below are the top 10 blogs that we’re following. Although some offer a wealth of information on general compensation topics, others are more niche, offering tips and news on executive compensation or FLSA. If you haven’t checked out the blogs below, take […]
The HR Daily Advisor announced today the results of a survey on Cash Compensation conducted in March 2011. The survey asked employers to report on the use of cash incentives at their companies, either in the form of individual or team awards, spot bonuses, or similar payments. According to the results, nearly one-third of employers […]
In yesterday’s Advisor, we presented non-healthcare survey results from M Lee Smith Publishers. Today, more survey results and an introduction to a special program just for smaller or even one-person HR departments. About 500 employers participate in the survey. Here are the detailed results. (Go here for yesterday’s survey results.) If your organization has a […]