Practical HR Tips, News & Advice. Updated Daily.
This topic provides guidance on how to handle compensation issues in a way that attracts and retains the best talent and advances the strategic goals of your business. You get news and tips on what’s going on nationally and in the states, and updates on changes in regulations, possible governmental action, and emerging compensation trends.
In order for reference-based pricing to work, health plan sponsors should do it in a way that involves implementing best practices for cost analysis, claim repricing, plan design, patient advocacy (including balance billing protection when necessary), and member education. Ways to Make RBP Succeed Employers, administrators, brokers and courts have begun to realize that determining the value […]
By Bryan Van Noy Yesterday we heard from cofounder of Sonic Boom Wellness, Bryan Van Noy, about some of the major reasons cash compensation isn’t cutting it these days. Today we’ll hear a bit more about that, plus some basic alternative ideas. Cash Compensation Is Coercive and Manipulative For employers hoping to change employee health […]
Monitoring the performance of service providers, making required disclosures to participants and beneficiaries, keeping good records and filing reports with the government are just a few of the important functions a fiduciary must ensure are properly executed, an enforcement official at the U.S. Department of Labor’s Employee Benefits Security Administration unit told a group of […]
By Bryan Van Noy Whenever your company is thinking about giving out some additional compensation, it seems so easy to go with cash. But Bryan Van Noy, a compensation expert and cofounder of Sonic Boom Wellness, says that cash compensation lacks what really matters about compensation: staying power, not to mention originality. When it comes […]
Can you explain how our medical benefits work with disability insurance? When does medical insurance terminate for an employee who is not working due to a short or long term disability? Does disability insurance cover any of the employee’s medical expenses? (We are covered with a private disability insurance, not through SDI).
A newly released survey from Jive Software, Inc. in Palo Alto, California, finds that seven out of ten (72%) employees want to use more technology in the workplace that enables them to work from anywhere. Furthermore, the same percentage state that the freedom to try new tools makes them more effective in their jobs, with […]
According to a recent story by Mark Anderson in the Sacramento Business Journal, The Sacramento Kings basketball team is now offering its full-time employees an unusual perk: genetic testing for ovarian and breast cancer.
A new study shows that working parents are burnt out and they’re not feeling the love at work; leaving them more likely to quit, be less creative, and less energized about their jobs.
How can you help those who reach retirement make smart decisions about how to use their assets to fund the rest of their lives? Employers are ideally situated to make a difference for their exiting retirees.
I came across an article recently that talked about a report on pay equality between genders from the World Economic Forum. I have to say it was a bit of a bubble buster for me.