Tag: Compensation

PTO Plans vs. Traditional: Plusses and Pitfalls

Absences, like terminations, can be voluntary or involuntary; however, unlike terminations the distinction between voluntary and involuntary absences is not typically determined by who initiates the absence, says Hagan, who is a partner in the Dallas office of Sarles & Ouimet, LLP. He made his suggestions at a recent BLR webinar. Involuntary absences are employee […]

Paterno Responses Range from ‘Despicable’ to ‘Very Well Written’

There was, however, one resounding commonality. Overwhelmingly, readers showed distain for the manner of Paterno’s termination—over the phone after 61 years of service. There’s a sampling of the comments below; readers may also want to read the original article or read all the comments in their entirety. A Sampling of Comments Your article—and all the […]

10 Keys to Market Pricing in Tough Times

Everyone’s talking market pricing, but many are not doing it well. Even with limited resources, you can take the steps to align your pay structure with the market, says consultant Mary A. Rizzuti CCP, PHR. In today’s Advisor, Rizzuti, who is a principal at PHR Compensation Resources, Inc. in Upper Saddle River, NJ, shares her […]

Managing Base Compensation with Pay Grade Planning

The economic environment presents comp managers with many challenges, but base pay management is at the head of juggling act, says compensation consultant Mary A. Rizzuti, CCP, PHR. How can we remain competitive with smaller budgets? In today’s Advisor, Rizzuti, who is a principal at PHR Compensation Resources, Inc. in Upper Saddle River, NJ, shares […]

Releases for ADEA Claims

In yesterday’s Advisor, attorneys Chris Anderson and Sarah C. Maxwell provided guidance on Early Retirement Incentive Programs (ERIP); today. their tips for employee releases, plus an introduction to the all-in-one site for HR managers, HR.BLR.com. Releases of claims under the Age Discrimination in Employment Act (ADEA) are typically part of ERIPs, but they have to […]

Early Retirement Plans: Win-Win IF You Follow Rules

ERIPs are a win-win, the attorneys say, because: Employers benefit from reducing wages and other costs associated with senior workers, and avoid the negativity associated with a RIF Employees benefit because a portion of that cost savings is passed to retiring workers who can retire earlier than they otherwise might. Anderson, a member of Miller […]

Invalid Releases Mean Employees Keep Money and Still Sue

Releases of claims under the Age Discrimination in Employment Act (ADEA) are typically part of ERIPs, but they have to be carefully drafted and managed say the attorneys. If they are not, employees probably can keep the money and still sue you. Anderson, a member of Miller & Martin PLLC in Nashville, Tennessee, and Maxwell, […]

10 Keys to Market Pricing

In today’s Advisor, Rizzuti, who is a principal at PHR Compensation Resources, Inc. in Upper Saddle River, NJ, shares her 10 keys for effective market pricing. 1. Collect Good Job Information Ensure that job descriptions accurately portray the job duties and responsibilities. Many jobs have changed in the past few years. Pay special attention to […]

How To Effectively Manage Base Compensation with Pay Grades

In today’s Advisor, Rizzuti, who is a principal at PHR Compensation Resources, Inc. in Upper Saddle River, NJ, shares her tips for managing base pay in low budget times. Here are the current compensation mindset issues we’re seeing, says Rizzuti: Coming out of it. All of us have been dealing with a difficult environment, Rizzuti […]