Practical HR Tips, News & Advice. Updated Daily.
Benefits can make your company look more attractive to recruits program, not to mention increase the value of your compensation package. However, costs are always a factor. Read on to see the results of our Perks and Insurance Survey—and see how your practices stack up to what’s happening out there.
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.
Unfortunately, since employees can bring a suit for just about anything, no amount of training can guarantee eliminating employee lawsuits. However, if you implement effective management training, you can greatly mitigate the risk.
A valued employee is a retained employee. You can show your workers just how much they’re being compensated for their efforts—beyond their base pay—through total reward statements. Expert John Rubino has a few tips for crafting and communicating these compensation reports.
Maybe it’s 20 inches of snow. Maybe it’s an impending hurricane. It could be wildfires, an ice storm that caused a power outage, or flooding. Whatever the specifics, Mother Nature has a whole lot of ways to create havoc and cause businesses to shut down temporarily.
The Pew Research Center estimates that 10,000 Baby Boomers will reach age 65 every day until the year 2030. While the Boomers in your organization may not be planning on retiring anytime soon, now’s the time to begin preparing for this labor exodus.
Does your company have a set number of vacation days and a separate number of sick days that employees may take without losing pay? Or have you implemented a more catch-all system of paid time off (PTO), in which all vacation days, sick days, and personal days are lumped together?
As we reach the end of 2014, we take a look back at some of your favorite articles. Here’s a list of the top 10 posts on the Compensation & Benefits Daily Advisor website this year.
As we reach the end of 2014, we take a look back at some of your favorite articles. Here’s a list of the top 5 posts on the Compensation & Benefits Daily Advisor website this year.