Tag: Compensation

Stop Measuring Satisfaction—Start Focusing on Engagement

Benowitz, who is the vice president of Growth and Development at The Employee Engagement Group, offered his expert tips on engagement surveys in a recent webcast offered by BLR. Engagement is about mutual commitment, says Benowitz. Companies help employees reach their potential and employees help their companies perform better. This combination results in engagement—“the capture […]

Perks—Do Yours Measure Up? Who’s Offering What?

Help us find out! Please participate in our brief survey and see how what you are doing stacks up against what other successful companies are doing. Who’s offering what perks out in the real world? Wellness Life, Accident, Pet Insurance? Flex, Child care, Telecommuting? Financial Planning, Legal Assistance, EAP? Tuition Reimbursement? What else? Participate in […]

Time and Attendance Automation=Efficiency + Engagement

What can be gained with technology and integration? In a word, efficiency and productivity, says Mansfield. An employee asks for a day off. The request is logged, and the manager is alerted and reviews the request. If approved, the information gets onto the schedule and to payroll. If necessary, qualified substitutes are found. Time Management […]

Automation—Best of Breed Out, Integration In

Best of Breed Out Most companies started out their transition to HR automation by going “best of breed”; that is, finding the best time tracking system, the best payroll system, and so on, but now that’s not the way to go, says Lombardi. Now employers want integration of all these processes plus integration with business […]

‘Thinking About Retirement?’—Danger or Diligence?

Can You Ask About Retirement Plans? Can you ask older employees about their retirement plans? Yes, if you are careful, says BLR® Senior Legal Editor Joan Farrell. But push too hard and it starts to look like age discrimination. If an employer has a legitimate reason, like workforce planning or succession planning, it’s not a […]

‘Thinking About Retirement?’—Danger or Diligence?

Can You Ask About Retirement Plans? Can you ask older employees about their retirement plans? Yes, if you are careful, says BLR® Senior Legal Editor Joan Farrell. But push too hard and it starts to look like age discrimination. If an employer has a legitimate reason, like workforce planning or succession planning, it’s not a […]

Can You Terminate Those with the Highest Salaries?

While salary level may be a legitimate factor in determining which employees to lay off, it cannot be the determining factor if it adversely affects older workers, says Tinnin, who is a partner with Tinnin Law Firm in Albuquerque, New Mexico, and editor of New Mexico Employment Law Letter. In 2005, he adds, the U.S. […]

And the Oscar for Employee Excellence Goes to …

    Oswald, CEO of BLR®, offered his thoughts on recognizing excellence in a recent edition of The Oswald Letter. Now let me put that in perspective for a moment. The Academy was formed in 1927, with the state of California granting its charter as a nonprofit organization on May 11 of that year. Films […]

Key Questions for Compensation Audits

What Is Written? Start with the written documents, says Kleinman. What written documents relate to compensation? Who has them? Who wrote what and when?  What do they say? For example: Plan documents Structures Policies Pay parameters Hiring/Bonus boundaries (approval levels, etc.) How’s Turnover? What turnover levels is the organization experiencing? Functional turnover is created “intentionally,” […]

Compensation Audits: Align Philosophy with Strategy

Why Do an Audit? For the same reason we do financial audits—to fulfill a fundamental obligation, that is, to discover vulnerability. Remember, says Kleinman, who is principal of California-based Dan Kleinman Consulting, someone is always watching, internal and external, and they are evaluating what is going on. Five Reasons for a Compensation Audit There are […]