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.
Surveys show workers greatly underestimate your cost of providing their benefits … and that there’s one “bennie” they won’t give up, whatever the cost to you or them. Health insurance … life insurance … disability … vision care … dental … the list goes on. Did you ever wonder where the idea of having employers […]
Because of interactions with state law, the federal minimum wage increase, which takes effect July 24, will have different effects on the various states. BLR Editor Sean Dean prepared the following state-by-state analysis for the subscription website, HR.BLR.com. We’re happy to bring it to HRDA readers as well. After years of debate, President Bush finally […]
Will the day come when you either join your company’s workplace wellness program or be disciplined or terminated? A new report says Yes. Make a list of your company’s assets. It will certainly include your facilities and equipment, your in-house talent and proprietary knowledge, and your goodwill. And these days, there is likely to be […]
When the boss asks for “a quick summary” on compensation or benefits, here’s the tool to research the answers … instantly. Try it for 2 weeks … on us. OK, let’s say your boss read yesterday’s Daily Advisor article on sabbaticals. And now he or she thinks a sabbatical program may be the best idea […]
Unless you know what other companies like yours pay in benefits, you truly don’t know what to pay. Research like BLR’ s 2007 Survey of Employee Benefits will tell you. A recent Daily Advisor noted the cost of paid time off to business had risen to equal that of healthcare, and that each of these […]
A survey of HR pros about their own profession found them well paid, but under-respected, empowered but challenged, and frustrated, drained, and tired even as they start the day. HR Daily Advisor goes out to about 100,000 HR professionals each morning. Now, thanks to a survey by the opinion research consulting company, Discovery Surveys, Inc. […]
Paid-time-off (PTO) expenses can be as high as healthcare costs. Let a special May 2nd audio conference tell you ways to manage them better. What’s the biggest benefits cost you’ve got? Easy answer, right? It’s health care. Easy but also wrong. According to recent surveys, the costs of PTO, in the form of vacations, sick […]
A surprising survey shows that many companies simply don’t track their paid-time-off (PTO) programs, even though the cost may be as high as health care. Potential savings from better management: millions. Employee: “Boss. I don’t feel well. I’d like to stay home but I’m not sure I’ve got any sick days left.” Employer: “Hey, who’s […]
BLR’s annual survey of benefits shows a slowing in healthcare cost increases, rising deductibles, and a quarter of employers paying their workers serving in the military. The results of BLR’s annual survey of benefits paid by U.S. companies are in. Here’s what they show. And here’s how to get the report sent to you every […]
As companies compete for talent, housing assistance and free medications head a list of alternatives to traditional benefits. Looking for an employee benefit that will dazzle potential recruits and silence the siren song of competitors trying to steal your stars? Forget about bonuses, or a company car or credit card. The hot ticket in this […]