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.
The other day I heard about a company that provides fake references for job applicants, renters, and others. And from what I understand, the length it goes to in order to “lie” on behalf of its clients is unbelievable—even if the references it provides are believable.
At the end of the day, most employees’ pay and benefits extend far beyond the base salary. Many employers are beginning to present total compensation statements (also known as total reward statements) as a means of showing employees how the organization is investing in them.
In yesterday’s Advisor, business consultant Bridget Miller wrote about some of the options out there for employer-provided retirement plans; today, Miller provides some more retirement choices for employers to consider.
Financial wellness incentives of up to 30 percent of coverage costs would be allowed under the Americans with Disabilities Act, based on rules proposed by the U.S. Equal Employment Opportunity Commission. This long-awaited guidance generally defers to HIPAA’s nondiscrimination rules, as amended by health care reform, in determining whether a wellness program is permitted by […]
The Centers for Medicare and Medicaid Services announced an April 30 deadline for claiming certain overpayments of the transitional reinsurance fee. The announcement covers overpayments due to miscalculating enrollment counts on which the fee is based. Such miscalculations occur for two reasons, CMS said: misapplication of a permitted method for determining the annual enrollment count; […]
When it comes to retirement planning, the options can sometimes seem overwhelming. Individuals may be able to participate in employer-sponsored plans, and they may also have their own separate retirement savings. Today and tomorrow, business consultant and HR Daily Advisor contributor Bridget Miller provides the basics on the various retirement benefit plans that employers may […]
Yesterday, we explored the factors behind the rise of comprehensive variable pay programs—and the types of cost savings you can expect. Today, John A. Rubino of Rubino Consulting Services explains who (and what) can make the difference between variable pay success and failure.
Comprehensive variable pay programs—more “pay at risk” for employees—are a growing trend for 2015 and beyond, notes John A. Rubino of Rubino Consulting Services. Here are some reasons why, and why you could save some serious money by implementing a comprehensive variable pay program at your organization.
Optimism is the faith that leads to achievement. Nothing can be done without hope and confidence. —Helen Keller
The U.S. Department of Labor on April 14 previewed proposed changes to the 40-year-old definition of “fiduciary” that the agency says will increase consumer protection for those seeking advice on retirement investments and 401(k) rollovers. The long-awaited changes will include a new contract for broker-dealers to sign that pledges they will “formally commit to their […]