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.
Salespeople need incentives, but it’s all too easy to “incent” your top performers out the door. Today, more common mistakes and an introduction to a compensation management program that can answer all your comp questions. Yesterday’s Advisor detailed 6 sales force compensation strategies that actually work against your company’s best interests, according to Alan McAnally, […]
Sales compensation should be easy, but it’s often done wrong, says Alan McAnally, president of SalesComp America. He highlights the compensation mistakes that actually encourage the best salespeople to leave. Is your sales compensation program actually sabotaging your results? It probably is, if it’s guilty of the frequently committed faux pas detailed below. They’re recounted […]
A recent Gallup study shows the higher the compensation, the happier the employee. Happy employees build business success. But where’s the limit? A classic resource may help you find it. Everyone wants happy employees, right? Happy employees are productive, inventive, and supportive of all you do. Yesterday, we gave you one tool to make them […]
When the CEO asks “How will the Pension Protection Act of 2006 affect us?”, you need to know the answer. A special November 1 BLR audio conference will help you answer. Yesterday’s Advisor laid out some of the positive benefits of the Pension Protection Act of 2006 (PPA). We discussed how the law made provisions […]
Massive revisions in the Pension Protection Act have opened the door to automatically enroll every employee or to pay retirement benefits even as senior members of your team keep working. Here’s what you need to know about these new PPA-driven opportunities. Employers are generally leery of anything coming out of Washington that affects them. But […]
BLR’s exclusive survey says that once again, the byword will be “no more than four.” And if you want more detail, we’ve got that, too. Fall is traditionally when organizations plan next year’s budget. A key component—in many cases, the key component—is how small or large a wage increase to plan for your people. One […]
More and more companies are finding that the way to cut their health insurance costs is to develop wellness plans to keep employees from getting sick in the first place. A new BLR book and audio conference will inform you about these programs … or help you set one up. Yesterday’s Advisor informed you of […]
If traditional health insurance plan costs have skyrocketed out of sight but you still want to help your workers, mini-med plans may be the answer. Here’s what you need to know about them. Perhaps you’ve seen the TV ad where the actor on-screen says, “I’m thinking of a number. Can you guess what it is?” […]
The rules on paying nonexempt employees for travel time can get pretty convoluted. BLR’s Employee Compensation in [Your State] explains them. Yesterday’s article on topics relating to summer HR issues talked about the government’s rules relating to paying nonexempt employees on-call. We answered the question of whether you really have to pay an employee sitting […]
HR salaries are rising, but how much does that mean in dollar terms at companies like yours in your area? Here’s a program to find out. Yesterday’s Advisor reported that HR salaries have risen sharply in recent years for those who have the skill sets companies are now looking for. Those skills go beyond the […]