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.
By Chris Ceplenski, BLR Managing Editor, News “The pendulum for benefits responsibility has swung back over to the employer.” “We saw a drastic rise in enrollment in our high deductible health plan (HDHP) when we renamed it an HSA plan.” “Benchmarking against your competitors is important, but don’t be a copycat.” “Eliminate the benefits-speak and […]
As older Americans approach retirement, many may be realizing their financial planning isn’t what it should have been. That could mean they need to postpone retirement—or abandon the idea altogether. “Most people don’t spend much time even thinking about retirement,” says Stephen Ng, founder and president of Stephen Ng Financial Group. Ng is also the […]
Payroll and other human resources professionals are accustomed to handling sensitive information. It’s quite literally in their job descriptions. Large organizations often employ sophisticated software designed to avoid security issues, and they may even have a department dedicated to reducing risks. Even so, a quick online search will reveal many, many instances of customer and […]
The federal Pension Benefit Guaranty Corporation (PBGC) has selected five investment management firms to participate in its pilot program for Smaller Asset Managers.
After analyzing the job posting activity of over 40,000 companies in its database, FlexJobs has identified the top 10 states where companies recruited the most state-based telecommuters in 2015. For the second year in a row, California, Texas, and New York lead the states with the highest number of telecommuting job postings. North Carolina and […]
By Jane Meacham, retirement plans editor One of the largest multimillion-dollar settlements yet has been reached between an employer retirement plan sponsor and a class of participants over “excessive fees” paid for plan services.
By Liz Dickinson, founder and CEO of Mio Global Every year, we see more and more fitness trackers finding a home on wrists. The general increase in fitness and healthy living—as our healthcare system is shifting—has positioned wearables as a valuable tool, especially for fitness tracking. According to a recent study from Forrester, one in […]
A new report from #HRWins and Namely—the modern all-in-one HR, payroll, and benefits platform for midmarket companies—reveals that in order to build a healthy company culture, employers should prioritize core benefits and compensation before introducing employee engagement perks like recognition, wellness, or rewards programs.
Can I stop employees from talking about compensation with each other-e.g., discussing how much they are paid? Prohibiting employee discussions about compensation is likely to violate the National Labor Relations Act (NLRA), a federal law that protects both unionized and nonunionized employees. Information about the law is available on HR.BLR under the topics Unions and […]
When he addressed strategy for communicating a compensation plan to a company’s sales force, Joseph DiMisa recognized the irony of selling the plan to the sales force. After all, these folks recognize a sales strategy when they see one.