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.
To recap, Jim Thornton, president of the National Athletic Trainers Association (NATA), says that “with the ever-increasing demand on output and return on investment in today’s workplace, employees in the occupational setting remain at risk of acute and overuse on-the-job injuries.” The expertise of athletic trainers in musculoskeletal injuries makes them a strategic choice […]
In most employee groups, a small number of employees with serious diseases accounts for a large share of healthcare costs. Disease management programs can help.
Ever hear of the “industrial athlete”? The concept is that employees, like athletes, perform better when they are properly trained and fit for duty. Proponents say that the right training leads to fewer injuries, quicker return to work, and reduced costs. Keep reading to learn about the benefits of on-site athletic trainers. Says Jim […]
Yesterday’s Advisor featured consultant Karl Ahlrichs’ tips for big savings with disease management programs. Today, he shares more on successful wellness programs.
In yesterday’s Advisor, Clare Novak gave tips on understanding the basics of finance; today, how HR relates to this side of your business and some advice on how to turn financial know-how into funding for your comp plan.
To implement an effective compensation and benefits program, you need to speak the language of the CFO, and it can be daunting. Perceptions sometimes block understanding, says Clare Novak, president of Novak and Associates. We think “I can’t do this” or “This is boring,” and we get in our own way. But you can do […]
The other day, I was driving through a small town and saw a sign on the side of a building that read, “Nobody ever regrets buying quality.” That got me thinking about quality. Did the proprietor of this business have it right? Does no one ever regret paying for a quality product or service?
Happy New Year, readers! Before you celebrate, take a moment to reflect on your accomplishments of 2014.
Two specific types of limited wraparound coverage could qualify as “limited excepted benefits,” under health care reform rules proposed Dec. 19 by the U.S. Departments of Labor, Health and Human Services and the Treasury. “Excepted” status would be available on a temporary “pilot” basis to coverage that: wraps around a Multi-State Plan offered by the U.S. Office […]
2015 is nearly upon us, and for most companies that means reviewing their compensation budgets. Where to start? At the very beginning, says consultant J. Timothy O’Rourke. Understand the organization’s strategic needs, and know your market’s benchmarks.