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.
Executive Compensation Checklist General Do you have a plan for executive compensation? Yes□ No□ Is it in writing? Yes□ No□ Does it have stated goals? Yes□ No□ Do those goals include: Increasing productivity? Yes□ No□ Increasing quality? Yes□ No□ Retaining good employees? Yes□ No□ Attracting good employees? Yes□ No□ Rewarding good […]
Employers whose employees use their own vehicles business can now adjust their reimbursement forms and procedures for 2014, since the IRS released the standard mileage rates for the year in Notice 2013-80 on Dec. 6. The IRS also adjusted the reimbursement rate for miles driven for medical purposes or a relocation, also by half a […]
With difficult, loud people, ask, Why is he or she so difficult? Maybe my thought is that this person is insecure, so I change my behavior, things change for the better, and the other person takes the credit. But there’s the beginning of a relationship. Four Ts of Crucial Connections To work on difficult relationships, […]
A third-party claims administrator may not be sued for violating the Mental Health Parity and Addiction Equity Act because the law by its terms applies only to group health plans and their insurers, a federal district court ruled. Related ERISA claims against the TPA were also dismissed because the company was not the “plan administrator” […]
HR Isn’t About Compliance We spend a lot of energy worrying about regulations and compliance, says Schooling, but that’s not HR. We professionals in HR: Pay attention to changing conditions, constantly scanning the environment. Explore and stay tuned in to human dynamics. Understand theories of motivation like push/pull and Maslow. Are empathetic and tuned in […]
Many hoped that the U.S. Supreme Court’s ruling in U.S. v. Windsor would clear up the confusion regarding what employers and plan administrators can and should do if they have employees with same-gender spouses. Alas, that was not to be. As 2014 approaches, employers face as many complications as ever. Rather than simplifying matters, the […]
Earlier this week, President Obama said the Affordable Care Act will not be repealed as long as he is in office, in spite of its turbulent implementation process. No mention was made of the great sacrifices and adjustments employers are being asked to make. For example, large employers will have to toil for thousands of […]
Yesterday’s Advisor featured consultant David Cichelli’s take on how different incentives are required for different levels of sales personnel and different situations. Today, his suggestions for different product mixes, flat growth, and sales retention, plus an introduction to a timely (and free) webinar on tops trends for 2014. Cichelli, senior vice president at the Alexander […]
Oswald, CEO of BLR®, offered these thoughts on increasing company performance by instilling a sense of ownership in a recent edition of The Oswald Letter. If the statement is made out of frustration about an employee who throws his weight around and has a condescending attitude, you might be in trouble. But if it’s said […]
Setting incentives for salespeople is always challenging, says consultant David Cichelli, but it’s a whole lot simpler when you evaluate your selling conditions and then stratify incentives across the three basic sales job types. Cichelli, senior vice president at the Alexander Group, offered his tips at WorldatWork’s Total Rewards 2013 Conference and Exhibition. Here’s how […]