Enron’s EVP Was Great … Except for One Thing
Many EVPs (Employee Value Propositions) consist of nice-sounding platitudes that are a litany of things that don’t reflect reality, says consultant Stephanie Tarant, PhD. Take Enron, for example.
Category: Benefits and Compensation
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.
Are You Training Employees to Prevent a Flu Outbreak in Your Workplace?
Flu season typically runs from October through May with February as the peak month. Let’s avoid an outbreak in our workplace this year by doing a bit of refresher training on this common yet potentially deadly malady. The Occupational Safety and Health Administration (OSHA) asks employees, “Do you know your flu facts?” Check your […]
Your EVP—Defining Total Rewards
The Employee Value Proposition (EVP) is the total rewards value an employee or applicant derives from the everyday employee experience, says consultant Stephanie Tarant, PhD. Including compensation and benefits and more, it is the foundation of an organization’s reputation as a place to work.
Pros and Cons of Using a PTO Bank Instead of Vacation and Sick Time
Does your company have a set number of vacation days and a separate number of sick days that employees may take without losing pay? Or have you implemented a more catch-all system of paid time off (PTO), in which all vacation days, sick days, and personal days are lumped together?
A Lesson from Google in Fostering “Smart Creatives”
I often talk about the characteristics of the people with whom I want to work. In their book How Google Works, Eric Schmidt and Jonathan Rosenberg talk about the type of people they had at Google. And the two of them should know—Schmidt is the executive chairman and ex-CEO, and Rosenberg is a former SVP […]
Employees Not Helped by Slow Health Premium Growth
Employers have been shifting more premium costs to workers and increasing their deductibles. That, in addition to the fact that price growth in the health sector outpaces growth for the rest of the economy, has resulted in a disproportionate increase in employee out-of-pocket costs, a new Commonwealth Fund report says. Growth in health plan costs […]
Q&A: Lori Kleiman on HR Assessments
In yesterday’s Advisor, the 7 steps to a strategic HR assessment were presented by Lori Kleiman, SPHR; today, she elaborates on the challenges of the HR function and presents a couple of frequently asked questions and their answers.
Don’t Forget to Find Some Quiet Time This Year
You don’t spend nearly enough time simply thinking. Before you take offense to that statement, consider how much time you spend talking, responding to e-mail, even reading—my guess is that you spend more time doing any one of them than you do thinking.
Your Strategic HR Assessment—Follow These 7 Steps
In an article on HR.BLR.com®, Lori Kleiman, SPHR, emphasizes the importance of managers regularly reviewing their programs and processes. Identifying weaknesses and confirming compliance with relevant laws and policies is a top priority of evaluation.
Rules Attempt to Streamline ACA Benefits Summary
Proposed changes to the Summary of Benefits and Coverage rules under health care reform include additions and subtractions to the SBC template, as well as clarifications on how plan sponsors and insurers may apportion the responsibility to furnish the SBC to participants. A third example would be added to the cost-sharing examples required in the […]