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.
On Feb. 23, the Centers for Medicare and Medicaid Services put on public display final rules that require employer health plans to cover physician and hospital services in order to meet health care reform’s minimum value requirement. The rules also set the contribution self-insured health plans and insurers must make to a premium-stabilization fund for the individual […]
In yesterday’s Advisor, we heard advice from Barry L. Brown, SPHR, CCP, on navigating three tricky compensation situations; today, Brown’s take on how to pay the truly unique individuals at your company.
Seasoned HR pros know that there are times when compensation is anything but simple. However, there are ways to navigate these tricky waters. Here are three such scenarios, with tips for successfully addressing them from Barry L. Brown, SPHR, CCP.
Over the weekend, I watched a movie with my wife. I won’t say which movie because my guy friends will make fun of me. But in my defense, this past weekend included Valentine’s Day. Anyway, the movie talked a lot about fate and destiny and got me thinking about how much of what happens to […]
Small employers and certain other plan sponsors can continue to reimburse individual premiums until July 1, without the threat of extreme penalties for offering coverage that does not comply with Affordable Care Act insurance mandates, under new guidance from the Internal Revenue Service. IRS Notice 2015-17 reiterates IRS’ previous warning, in Notice 2013-54, that giving employees […]
In yesterday’s Advisor, we announced findings from BLR’s Termination and Exit Interviews Survey. Today, more results from our study, including information regarding best practices and what’s happening with severance pay.
Unfortunately, you can’t retain all employees … termination and turnover are going to happen. The 2014 Termination and Exit Interviews Survey examined how HR pros are handling these challenges. Let’s see how you compare!
In yesterday’s Advisor, we explored five dangers of big data; today, we present distribution dangers, stratification problems, and more.
Big data—it’s touted as HR’s new source for actionable information. In fact, big data analysis does produce some fascinating results. But beware, there are a lot of dangers of big data.
Qualifying lifetime annuity contracts in July 2014 became another option for defined contribution plan sponsors to offer to assist with retirement income security when the U.S. Treasury Department and IRS issued final regulations allowing them. Now, plan sponsors and participants near retirement age face some confusing choices when considering whether QLACs are right for their […]