Practical HR Tips, News & Advice. Updated Daily.
Because ISS reports and positions on executive pay are widely reviewed and considered by investors, comp managers need to be aware of the principal concerns ISS has, says Lifshey, managing director at the New York office of Pearl Meyer & Partners. She offered her executive pay tips at a recent webinar sponsored by BLR® and […]
Neelman, who is principal and senior consultant with Compensation Resources, Inc., in Upper Saddle River, New Jersey, shared her tips at a recent webinar sponsored by BLR and HR Hero. Working with Salary Ranges Neelman’s charts below describe the segments of the range and who is typically in each segment. Below Incumbent’s salary falls below […]
Furthermore, Morris adds, your wellness program may get way more important under the Affordable Care Act. Morris, who specializes in benefits, is a member of the firm Epstein Becker Green in its Washington, D.C., office. Wellness Is Popular, But Hard to Define A recent survey found that 70.3 percent of 539 employer respondents reported offering […]
Here’s what’s on comp managers’ minds, says Neelman: Evaluating market competitiveness, especially if pay has been stagnant at your organization Keeping on track with your strategic plan, typically refocusing on growth Increasing attention on incentive pay and pay to performance Using compensation dollars more effectively Differentiating pay based on performance, even if differentiation is modest […]
Haas, who is vice president of Wells Fargo Pharmacy Consulting, spoke to BLR about the problem of generic drug pricing. To attack the problem, Haas and his team at Wells Fargo created a unique procurement strategy. “About 4 years ago, we listed every generic drug—and there are about 2,750 of them—by their specific identifying codes. […]
Who Has Access to Flex Options? In the financial services companies questioned, professional-level and non-exempt staff usually have access to the same array of both regular flexible work arrangements (including flextime, telework, compressed workweeks, and part time) and occasional flexibility (shifting work hours on a daily basis or just occasionally, occasional work at home, and […]
Haas and his colleagues sought a way to get drug costs down for clients. They peered beneath the surface and didn’t like what they found. From Purely Transactional to Cost Management Pharmacy Benefits Management programs (PBMs) started out in a purely administrative role, Haas says, helping to process retail pharmacy transactions and manage prices of […]
Daniels, Senior Consultant at Keating Advisors, LLC, offered her suggestions at a recent webinar sponsored by BLR and HR Hero. Getting Market Pricing Right Market Pricing is the process of analyzing external salary survey data to establish the worth of jobs as represented by market data, based upon the “scope” of the organization (geography, industry, […]
Daniels, Senior Consultant at Keating Advisors, LLC, offered her suggestions at a recent webinar sponsored by BLR and HR Hero. How to Conduct a Base Pay Structure Review Daniels says a well-designed and effective base pay system should be: Supported by an agreed-upon organizational compensation philosophy Supported by clear compensation administration policies Driven by up-to-date […]
An example of a potential ADA violation would be an employee who is being treated for post-traumatic stress disorder (PTSD) resulting from incest who requests reasonable accommodation. Her supervisor then tells the employee’s co-workers about her medical condition. The employee tells the supervisor she intends to complain to HR about his unlawful disclosure of confidential […]