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.
As U.S. employment mobility has increased, one result of an estimated 9.5 million job changes a year has been a large number of defined contribution retirement accounts left behind at former employers. These often are small in dollar value, but can become a more costly and “insidious” problem than many plan sponsors realize. Small accounts […]
As we reach the end of 2014, we take a look back at some of your favorite articles. Here’s a list of the top 5 posts on the Compensation & Benefits Daily Advisor website this year.
Do you ever wonder if your employees’ salaries are in line with the market? Perhaps you are finding that applicants are often turning down job offers—and you suspect the salary level might be to blame. How can you know? One of the best ways to get data on competitor salary offerings is to use a […]
Attorney Whitney Warner suggests 5 ways to ruin a plaintiff attorney’s day. Avoid claims and other costly legal entanglements in the wake of complaints from employees by using what she calls “claim repellent.”
Performance appraisals shouldn’t start and end with one annual meeting, yet this is a common mistake many employers make—a mistake that can leave employees blindsided and frustrated instead of empowered and productive.
In yesterday’s Advisor we featured critical guidance on handling an active shooter in the workplace from Attorney Edwin G. Foulke Jr. Today, Foulke’s 12-point action plan for handling violence in the workplace.
In yesterday’s Advisor, we discussed why merit programs don’t work according to consultant John Rubino. Today, his take on variable and step-based pay systems. John A. Rubino, who is the founder and president of Rubino Consulting Services in Pound Ridge, New York, offered his tips at a recent BLR®-sponsored webinar. Rubino’s Variable Pay Program […]
The Centers for Medicare & Medicaid Services has extended the deadline for contributing entities (or entities reporting on their behalf) to submit annual enrollment counts on which they will base their contribution amounts under health care reform’s transitional reinsurance program. The deadline is now 11:59 p.m. on Dec. 5, 2014. Reporting on that date also […]
The hope is you’ll never have to face the terrifying situation of an active shooter, but it’s wise to be prepared should the worst happen, says Attorney Edwin G. Foulke Jr. Organizations need a plan for how to respond to reduce the risk of devastating consequences.
When asked if merit-based systems are the most effective way of structuring pay, consultant John Rubino says, “No. I have never met a merit increase base salary program that I liked, and that was effective and motivational.”