Tag: SALARY

Key Factors in Determining Salary Increases

Once you’ve got a salary increase matrix (see below), determining increases should be simple—but it’s not. Several approaches are commonly used for determining salary increases. Performance/merit systems are the most common. Across-the-board or general increases are often tied to increases in the cost-of-living index. For unionized employees, the collective bargaining agreement will include a negotiated […]

6 Reasons to Conduct an Employee Engagement Survey

Benowitz, who is the vice president of Growth and Development at The Employee Engagement Group, offered his expert tips on engagement surveys in a recent webcast offered by BLR. Six Reasons to Conduct an Employee Engagement Survey Demonstrate your concern about employee issues. Find out what’s stressing your workforce (gives you an opportunity to act). […]

10 Most Common Errors in Performance Rating

Pay for performance is the order of the day, but you can’t have pay for performance if you can’t measure performance in a meaningful way. Unfortunately,  there are significant pitfalls to avoid when conducting your performance reviews. In today’s Advisor, we’ll get tips from expert Armstrong on how to make performance appraisals more meaningful for […]

Great Incentive Plan + Poor Communication = Poor Incentive Plan

Communicating the Sales Incentive Plan Sometimes Pasteris sees the situation in which there was a great sales plan design but it failed because it was not well understood and appreciated by the salespeople. To avoid that situation, make sure that you: Send an announcement letter, particularly with the new plan that spells out its features. […]

HRIS Records Checklist: How Do You Stand?

HRIS Personnel Records Checklist The more questions to which you answer “yes,” the better your computer system is able to handle personnel records. Records maintained Do you have a computer system for the following personnel records:   Yes No Beneficiaries of benefits plan? ❒ ❒ Cost of benefits plan? ❒ ❒ Date employees admitted into […]

Your Rep’s ‘Perceived Symbols of Wealth’ Derail Mediations

Marcus offered her tips on succeeding with mediation at a recent meeting of the Employers’ Counsel Network (ECN) in Springfield, Massachusetts. The Employers’ Counsel Network includes the attorneys from each state who write BLR’s state employment law newsletters. Marcus is one of the EEOC mediators based in the Boston office of the EEOC. Sometimes it’s […]

VBBD—Case Study Shows Real Savings

McCormick, a consultant with Fallon Benefits Group in Atlanta, made her remarks at BLR’s Advanced Employment Issues Symposium, held recently in Las Vegas. Case Study in VBBD Some facts about the client: Global presence with more than 7,000 covered lives Employee population includes office staff, manufacturing, and drivers Average employee age: 45 years Very low […]

Worksite Privacy from Social Networking to Social Security

Happy Holidays to all our readers from the Advisor Team: Amanda, Chelsea, Kate, Rafael, and Steve! [Go here for privacy issues 1 to 4.] 5. Social Networking Sites Employees have increasingly been utilizing social networking sites for a variety of uses, both personal and professional. Although these sites can be beneficial, their use can also […]

Voluntary Benefits Offer Employees Guaranteed Insurability

Employees may think that they can’t afford a big policy, but it’s often a good idea to join the plan at the lowest level and cost, even if the policy is not large, says consultant Mike Miles. That gets your foot in the door and often ensures that you can “buy up” in the future […]

What’s the Real Cost of EE Healthcare? (Hint: More than You Think)

How Big Is the Number? Most HR managers underestimate the full costs of employee health (or lack thereof), says Ahlrichs. He refers to a study involving auto manufacturers and 171,250 employees. The study recorded basic medical costs for the measured period—the metric most wellness plans look at—at $509 million. But add pharmacy and the number […]