Practical HR Tips, News & Advice. Updated Daily.
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.
Setting appropriate employee goals is an important component of keeping the workforce productive and motivated. It can also affect retention since clear expectations are a critical component of employee satisfaction levels. And organizations that opt to implement pay-for-performance programs have an added layer of accountability by putting a piece of the employee’s compensation on the […]
Whether you’re just starting out or you’ve been handling payroll for years, Joe Sharpe urges you to heed this warning: Be careful. It isn’t that Sharpe, who prefers the title “Payroll Czar” at his firm Sharp Payroll, Inc., doesn’t trust your abilities, your education, or your dedication to the job. Rather, it’s just that people […]
In yesterday’s Advisor, we took a look at survey results that suggest employers should take more steps to personalize their wellness programs. Today we reveal more results, including how wellness also extends into the realm of personal finance.
The cost of employee healthcare benefits around the globe is trending higher, driven largely by the higher cost of hospital and inpatient services, medical technology, and the overuse of services, according to a survey of medical insurers by Willis Towers Watson, a global advisory, broking, and solutions company. The Willis Towers Watson Global Medical Trends […]
By Gwen Cofield The 2017 contribution limits for health savings accounts (HSAs), recently announced by the Internal revenue Service (IRS), include a slight adjustment for self-only coverage.
The University of Mississippi Medical Center (UMMC) has agreed to pay $2.75 million to settle multiple alleged violations of the Health Insurance Portability and Accountability Act (HIPAA), following an investigation by the U.S. Department of Health and Human Services, Office for Civil Rights (OCR).
By Jeffrey Hemker, national manager, Retirement Division, Invesco Plan sponsors spend a significant amount of time crafting and deploying employee benefit communications, with 73% using e-mail to get the word out. Despite these efforts, 80% of participants do not open and read materials and, of those who do open, almost half don’t fully understand the […]
Wellness programs have become a popular way for employers to encourage engagement and productivity among employees, but they are still evolving. Personalization, providing rewards, and understanding what employees want are key to maximizing value in employer-sponsored health and wellness programs.
Even the most robust wellness programs are not likely to change employee behavior unless employees are engaged in the process. That’s why savvy companies make engagement a top priority when it comes to educating their employees about wellness.
Seventy percent of U.S. office workers and managers report working more than 40 hours a week, and the majority consider the office the most productive place to get work done. But employers need to take action to ensure it remains an inspiring, motivating environment. This, according to the second annual Workplace Index conducted by Staples […]