Recruiting and Retention—What’s Really Happening?
Recruiting and retention—nothing is more important for any company. What’s happening with recruiting and retention in the real world? What are your competitors up to? Help us find out!
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.
Third EEOC Wellness Lawsuit Draws Industry Ire
An employer group criticized the latest legal challenge to an employee wellness program filed by the U.S. Equal Employment Opportunity Commission. The commission alleges that Honeywell International, Inc.’s biometric testing incentive for employees and their spouses violates the Americans with Disabilities Act and Genetic Information Nondiscrimination Act. “This is an outrageous development, and one that […]
Recruiting for Those Critical, Hard-to-Fill Jobs
Yesterday’s Advisor helped managers understand the factors that are making certain jobs hard to fill. Compensation and benefits are important factors. (Duh.) Today, what employers can do about it.
It’s PPA Restatement Time! … Wait, What’s That?
By Brandy Cross, Milliman Have you heard about PPA restatements but aren’t sure what’s required? Let’s start with some background on the process, and then describe steps that retirement plan sponsors should take to implement it. All plans that use a preapproved plan document must be restated before April 30, 2016. Failure to amend by this date will […]
Important Positions Going Unfilled? Is It Comp’s Fault?
Today, even as the economy improves and unemployment decreases, companies find themselves in the perplexing and frustrating position of being unable to fill roles with qualified individuals, despite large numbers of available applicants. Is it a simple compensation problem?
Aging Market Data and Determining Market Consensus
Yesterday’s Advisor featured consultant Diana Neelman’s five approaches to job evaluation. Today, her colleague, Sarah Schmidt, on data aging and market consensus.
The 5 Job Evaluation Methods: Analyzing to Price Competitively
Job evaluation is a systematic method of determining a job’s relative worth within an organization. There are five commonly used approaches, says consultant Diana Neelman. Which is best for you?
Health Care Reform Mandates: Impending Dates
The next three months are crunch time. Employers have to get moving on several deadlines, most of them required under health care reform. Some reform rules should have taken effect in 2014, but were subject to the year-long delay instituted by the Obama administration. Health Plan Identifiers Nov. 5, 2014 is the deadline for large group […]
Will City Slickers Give You Your Next Big Idea?
Among my favorite movies is the 1991 film City Slickers. Billy Crystal plays radio ad salesman Mitch Robbins, who is having a bit of a midlife crisis. Mitch and his two best friends decide to leave New York City to spend 2 weeks on a cattle drive in the Southwest. It’s there that Mitch meets […]
Incentive Plans: Funding, Improvements, Evaluation (Survey Results)
In yesterday’s Advisor, we initiated our coverage of the Incentive Pay Survey; today, we feature more survey results, including how respondents fund incentives, how they communicate their plans, how they evaluate them, and how they would improve them.