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.
The article claims it’s very likely that I’m not excited about my work, I don’t feel appreciated while there, I find it difficult to get my most important tasks accomplished, and I really don’t feel like what I do makes a difference. How dare these people tell me what I’m thinking and feeling?! They don’t […]
The ruling in Penn. Chiropractic Ass’n v. BCBSA threatens to make recoveries more difficult for all insurers and may complicate the claims administration of self-funded plans. It also may necessitate self-insured plan sponsors reviewing network contracts with providers. Here’s what happened: a federal district court gave providers ERISA beneficiary status instead of following the language in […]
For example: If salespeople don’t view your program as competitive, your best salespeople will seek greener pastures. If salespeople don’t view your program as fair, there will be morale issues. (For example, if plans aren’t carefully thought through, some territories may experience a high volume of easy sales, while other territories have little opportunity to […]
Honor Flight Sir, the event you no doubt witnessed was one of the several “Honor Flights” that are being done to pay homage to our World War II veterans. If anyone knows of a soldier who participated in WWII who wishes to be a part of this one-day trip to D.C. with special honors, please […]
A study by Fidelity Investments of 13 million 401(k) investors across U.S. metropolitan regions pinpointed the cities where plan loans are most heavily used. The analysis found the greatest percentage of participants with outstanding plan loans, at 33 percent, in the McAllen, Texas, area. The second-largest proportions of borrowers were in the Riverside and Bakersfield, […]
In Leading with Honor: Leadership Lessons from the Hanoi Hilton, Ellis shares what he learned about leadership from his time as a POW. It’s a powerful read, as Ellis relays stories from his days in the Hanoi Hilton and how the leadership demonstrated by his fellow prisoners often meant the difference between life and death. […]
Avoiding Costly Workarounds that Can Lead You Astray Some companies try to cut corners by using contractor agreements to replace local employees, thus doing away with Social Security costs and payroll systems. Yet regulators in places such as Argentina and Brazil require contractors to provide information about their engagements with an overseas company in an […]
While the FLSA allows some very specific pay deductions for exempt employees, such as taxes and wage garnishments, it's typically quite strict about the fact that exempt employee pay shouldn't be reduced for exempt employee absences in most cases. It's important for employers to understand when certain payroll deductions may be perfectly legal, and when […]
Here is Buglass’s helpful advice for how to avoid the costliest mistakes when growing your company in foreign countries. (Buglass, Vice President of Human Capital Consulting for Radius, is an expert on global employment law compensation and benefits, stock options, expatriate tax, and immigration-related issues.) Getting HR Right in a Global Expansion There is no […]
Designing your executive pay plan can be daunting—you need to consider a whole host of factors, such as the company's goals and the competitive environment. Let's take a look at some design considerations for effective executive pay plans.