Archives

Sales Comp Never Easy in Ever-Changing Environment

Sales comp is tricky any time, but it is especially difficult now, when so many things are changing: the economy, the customers, the products, the technology. But you still need a plan. Expert Laura Roach has one. In yesterday’s Advisor, we began expert Laura Roach’s 10 practical steps for aligning sales comp and corporate strategy. […]

Pay Budget Survey Says—Modest Increases for 2012

In last year’s 2011 Pay Budget Survey, employers reported that their average planned merit pay increase for 2011 would be 1.98%, meaning the actual merit increases for 2011 were lower than anticipated for a second year in a row. Although the average planned merit increase for 2012 is an improvement over last year’s survey, expectations […]

How To Avoid Termination-Related Lawsuits

Terminated employees will rarely bow out gracefully and say, “Yes—I completely understand why you’re making this decision.” Best-case scenario, they go quietly. Worst-case scenario, you wind up defending a nightmare lawsuit. Ill-considered and hasty terminations are particularly problematic. They spell lawsuit time and time again. Yet most of those lawsuits are avoidable — if you […]

10 Steps to Align Comp with Strategy

Align your compensation program with your corporate strategies—how many times have we heard that? Now Laura Roach CCP offers 10 practical steps for accomplishing this key mission. Roach, who is General Manager at Varicent Software Incorporated, a provider of incentive compensation and sales performance management (SPM) solutions, offered her suggestions in a recent Varicent white […]

COBRA Coverage—Qualifying Event Determines Length

Length of COBRA coverage varies according to the type of qualifying event. The following events qualify an individual for COBRA continuation coverage if the event causes loss of coverage for a qualified beneficiary: Termination or reduction of hours of a covered employee other than because of the employee’s gross misconduct Death of a covered employee […]

An HR Bonus for Each Dropped EEOC Charge?

In yesterday’s CED, Hunter Lott of Please Sue Me fame offered his lawsuit avoidance tips. Today, his advice on legal exposure in 2011, plus an introduction to an upcoming event you won’t want to miss.   What percent of charges did the EEOC drop last year? Lott asks. More than 64 percent. “That’s us!” Lott […]

Coping with ‘I-Deals’—Managers’ Special Arrangements with Individual Employees

In yesterday’s Advisor, consultant Robert J. Greene offered his take on the state of compensation in the new normal. Today, the particular problem of i-deals—plus an introduction to a new 24/7 leadership training system. I-deals are idiosyncratic “deals” that managers make with individual employees. They’re hard to stop, but it’s worth trying, says Greene, who […]

Not Again: SIIA Refutes ‘Misinformation’ About Self-funding

It’s like the Hollywood movie Groundhog Day all over again. The Self Insurance Institute of America (SIIA) wakes up and has to face the same “anti-self-funding” arguments about adverse selection, insolvency and inferior benefits that it refuted last year … the year before … and the year before that. Again in damage-control mode, this time the […]