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.
Employers in North Carolina will not face the complications their counterparts in states where same-sex marriage is legal or recognized do, but local and municipal governments that provide domestic partner benefits may have to change their policies. Tar Heel State voters on May 8 approved an amendment to the state constitution that defines marriage as […]
Strand, owner of consultancy HR Dynamics Inc., offered his comments on the three methods at a recent webinar hosted by BLR/HRhero. Ranking Method This is non-quantifiable and subjective, but is a basic simple approach, says Strand. You arrange all jobs in rank order of their relative duties, responsibilities, qualification requirements, that is, their “importance” to […]
[Go here for Considerations 1 and 2.] Consideration #3—Employer Limited Supervisor’s Discretion This considers the extent to which the employer limited supervisors’ discretion to assess employees subjectively, particularly where the criteria that the supervisors were asked to evaluate are known to be subject to negative age-based stereotypes. EEOC recognizes that in many cases to it […]
EEOC released its Final Rule on Disparate Impact and “Reasonable Factors Other Than Age” Under the Age Discrimination in Employment Act of 1967 in March and it became effective April 30. EEOC also published an informative Q&A on which this article is based. ADEA and Disparate Impact ADEA prohibits two types of discrimination against workers […]
Wudyka is managing principal of Westminster Associates in Wrentham, MA. His tips came at a recent BLR/HRhero-sponsored webinar. Perquisites Perquisites are benefits unique to executives, says Wudyka. As some may be taxable, always clarify that issue before finalizing your plan. Some examples of perquisites: Country club memberships Cars Financial or legal planning Computers Phones Assistants […]
There are different types of incentives for executives, and taxation becomes increasingly important in compensation planning, says Wudyka, who is managing principal of Westminster Associates in Wrentham, MA. His tips came at a recent BLR/HRhero-sponsored webinar. Motivating Executives Is a Challenge Motivating executives is a challenge, says Wudyka, because their level of base compensation is […]
Pritikin, founder of Proactive Lawsuit Prevention, made her comments at SHRM’s Employment Law and Legislative Conference, held recently in Washington, DC. Retaliation Policy Must-Haves Pritikin suggest that employers include the following in their anti-retaliation policies: Make a standalone commitment against retaliation—it’s the number one EEOC claim! Define retaliation Give a specific examples including “zone of […]
For example: About 38 percent offer wellness programs About one third offer flextime, only about one fifth offer telecommuting, and nearly 64 percent offer a flexible spending account About 21 percent think their benefits are more generous than their competitor’s and about 42 percent think their benefits are about the same (although 30 percent don’t […]
The federal government seems to be fishing around for evidence showing that self-insured health health plans will siphon off healthy lives from state-run insurance exchanges (a cornerstone of reform). On April 26, the U.S. Departments of Labor (DOL), Health and Human Services (HHS) and IRS/Treasury issued a set of questions about the use of stop-loss […]