Practical HR Tips, News & Advice. Updated Daily.
“Employers regularly fail to include everything they’re supposed to include in final pay.” Barrie Gross pointed out in a recent CER webinar. But it’s not always obvious what must be included in the final paycheck that is due upon termination. What must be paid immediately? What can be paid at a later date?
Pension liabilities of the 100 largest U.S. corporate defined benefit pension plans decreased by $28 billion in November, while assets increased by $5 billion, bringing the Milliman 100 Pension Funding Index funded status deficit to $466 billion and the funded ratio of 74 percent. The November ratio still lags the year-end 2011 value of 78.7 percent, […]
By Stephen D. Bruce, PHR Editor, HR Daily Advisor You know good customer service when you see it, says business and leadership blogger Dan Oswald. That’s a statement in which I firmly believe. But it also means you know horrendous customer service when you see it. Do I have a story for you! Oswald, CEO […]
Headquartered in Windsor Locks, Connecticut, Hamilton Sundstrand (www.hamiltonsundstrand.com) is among the world’s largest suppliers of technologically advanced aerospace and industrial products. A subsidiary of United Technologies Corp. (www.utc.com), the company designs, manufactures, and services aerospace systems and provides integrated system solutions for commercial, corporate, and military aircraft. In addition, Hamilton Sundstrand is a major supplier […]
Employers may transfer of employees on intermittent or reduced schedule FMLA leave under limited circumstances, says attorney Drew Alexis, but there is one common mistake that should be avoided. Alexis, Of Counsel at the Kinaga Law Firm in Los Angeles, offered his FMLA tips at BLR’s Advanced Employment Issues Symposium held recently in Las Vegas. […]
Headquartered in Windsor Locks, Connecticut, Hamilton Sundstrand (www.hamiltonsundstrand.com) is among the world’s largest suppliers of technologically advanced aerospace and industrial products. A subsidiary of United Technologies Corp. (www.utc.com), the company designs, manufactures, and services aerospace systems and provides integrated system solutions for commercial, corporate, and military aircraft. In addition, Hamilton Sundstrand is a major supplier […]
One thing’s sure—when things go South, you’re going to catch the heat. Some of the most common problems: Performance Appraisals and Compensation Since performance appraisals are tied to compensation in most organizations, there’s a strong temptation for managers to “game the system.” They want certain people to get certain raises, so they manipulate the ratings […]
Calculating overtime in California is extra complex because state and federal rules differ. Additionally, base rate calculations get complicated with commissions, bonuses, and other payments. What pay can be excluded when calculating the regular rate? How can employers be sure to be legally compliant in the calculations?
By the time you’ve left the house for work, you’ve probably already done a fair amount of cleaning. You’ve wiped down the kitchen counter, thrown in a load of laundry, and washed your hands a couple of times. Then you get to work where, unfortunately, the cleaning stops and you spend 8 to 12 hours […]
Pay Budgets 2.5 to 3 Percent Our survey revealed that most employers offered modest pay increases in 2012 and will do so again in 2013. In 2011 the average “planned” merit increase for 2012 was 2.1%. Actual merit increases for 2012,s however, were higher than anticipated for the first time in at least two years, […]