Practical HR Tips, News & Advice. Updated Daily.
This infographic via Mercer shows that although US health benefit cost growth slowed again in 2013, employers expect the rate of growth in per-employee cost of coverage to increase in 2014. “The good news is that employers have already taken decisive action to slow cost growth so they will be in a better position to […]
The latest Global Compensation Planning Report from Mercer highlights increases across most regions of the 100 countries studied. View the image below for a summary of the findings. “Employers will remain cautious with pay raises in 2014, but employees, nevertheless, will benefit from a gradually improving relationship between economic growth and inflation,” says Niklaus Kobel, […]
This great infographic via Mercer points to global pay increases for the upcoming year, based on Mercer’s latest Global Compensation Planning Report. View the image below for a summary of the findings.
Among other things, having a manager who cares about them as people is part of being happy at work. So when I heard about Liberty Bottleworks, I figured it must have a pretty satisfied workforce. Here’s the story, from a recent edition of The Oswald Letter. It seems that over the Thanksgiving holiday weekend, the […]
Chou, who is senior practice leader, compensation, at WorldatWork, offered his tips at WorldatWork’s Total Rewards 2013 Conference and Exhibition in Philadelphia. Why Key Talent Leaves Employers are always concerned about retaining top talent, says Chou, and most are getting a little more concerned as the economy brightens. However, the truth is that the job […]
Happy Holidays to all our readers from the Advisor Team: Amanda, Chelsea, Kate, Rafael, and Steve! [Go here for privacy issues 1 to 4.] 5. Social Networking Sites Employees have increasingly been utilizing social networking sites for a variety of uses, both personal and professional. Although these sites can be beneficial, their use can also […]
Only a Reasonable Expectation It is important to remember that employees have only a reasonable expectation of privacy. Employers can lower the threshold of what is considered reasonable by developing a clear policy addressing workplace privacy issues and communicating the policy to their employees. Private Employees Enjoy Relatively Little Freedom Several states have enacted statutory […]
We garnered an impressive 1,379 participants in this year’s survey, which was conducted in November 2013. Here are the detailed survey results. How does your organization measure up? What Recruiting Methods Are Used? When asked which methods are used to recruit for open positions, online recruiting leads the pack at 79.7%, followed closely by employee […]
Incentive Compensation Checklist General Questions Do you have an incentive compensation plan? Yes□ No□ Is it in writing? Yes□ No□ Does your incentive plan support the company’s mission and long-term goals/objectives? Yes□ No□ What levels of the organization will participate in the incentive compensation plan, e.g., top management, salespeople, entire organization? Yes□ […]
Executive Compensation Checklist General Do you have a plan for executive compensation? Yes□ No□ Is it in writing? Yes□ No□ Does it have stated goals? Yes□ No□ Do those goals include: Increasing productivity? Yes□ No□ Increasing quality? Yes□ No□ Retaining good employees? Yes□ No□ Attracting good employees? Yes□ No□ Rewarding good […]