Benefits

Benefits, Legal Issues

EEOC Unveils Its Proposed New Rules For Wellness Programs

From the HR blog on TLNT: workplace wellness

By Eric B. Meyer

More eagerly anticipated that the premiere of Paul Blart: Mall Cop 2, the Equal Employment Opportunity Commission yesterday released its proposed new rules on wellness programs.

If you want to have an employee wellness program that complies with the Americans with Disabilities Act, here are five (5) things the EEOC wants you to do:  Read more…

Compensation, Rewards & Recognition

Can You Make a Case For “Unfair” Pay in Your Organization?

123RF Stock Photo

Laszlo Bock, Senior VP of People Operations at Google, has a new book titled Work Rules! hitting the market this month.

As to be expected, there’s been a good deal of news coverage, excerpts and blogs about it, including this one in Fortune with Mr. Bock’s 10 Things to Transform Your Team and Your Workplace.

Today, I’d like to call your attention to two of these. Read more…

Benefits, Talent Management

Good Managers Are Your Best Employee Wellness Strategy

workplacewellness

Relying on a corporate wellness program as the main strategy for improving employee health is like throwing a drowning person a DVD on how to do the backstroke.

In both cases, the focus is on the wrong stage of the problem.

Most company executives recognize that addressing workplace stress, the direct and indirect cause of many health problems, must be part of any strategy to improve employee health and reduce health care cost. Read more…

Compensation, HR Insights

Excessive Pay Is STILL Excessive – and the Boss Still Needs Skin in the Game

overpayment

In 1991, Bud Crystal released the book In Search of Excess, a scathing commentary on executive pay.

I was a newly minted Compensation Consultant in a large financial institution at the time, and nowhere near as cynical as I am now. I read the book, but it didn’t really resonate, probably because I worked primarily with non-executive pay.

Then I was asked to complete a market analysis on the total compensation of the Chief Financial Officer. I did all my research and analysis as I would do for any other position, and shared it with my boss. Read more…

Compensation, Rewards & Recognition

A Paycheck Is Not Enough Recognition for a Job Well Done

From istockphoto.com

One statement sure to raise my ire when discussing the Power of Thanks in the workplace is: “They get paid to do their job. That’s recognition enough.”

It’s a patently false statement. Pay and recognition serve very different needs, but they are in a symbiotic relationship when it comes to fulfilling those employee needs.

All the recognition in the world won’t help resolve an underpaid employee’s base needs in terms of Maslow’s Hierarchy. And pay raises, consistently and appropriately given, won’t meet the higher-order employee needs, either. Read more…

Benefits, HR Management

High-Deductible Health Plans: Savings Now, But Problems For Workers Later?

High deductible health plan

Got a high-deductible health plan? The kind that doesn’t pay most medical bills until they exceed several thousand dollars?

If so, you or your employees are foot soldiers who have been drafted in the war against high health costs.

Companies that switch workers into high-deductible plans can reap enormous savings, consultants will tell you — and not just by making employees pay more. Total costs paid by everybody — employer, employee and insurance company — tend to fall in the first year or rise more slowly when consumers have more at stake at the health-care checkout counter whether or not they’re making medically wise choices. Read more…

Benefits, HR News & Trends

Study: Obamacare Has Little Impact on Employer-Sponsored Health Coverage

Illustration by istockphoto.com

There has been much hand wringing over the health law requirement that large employers this year offer insurance to workers who put in 30 or more hours a week or face penalties for not doing so.

The new rules would cost employers a bundle, some fretted, as part-timers clamored for company coverage previously unavailable to them. Others worried that employers would cut workers’ hours to get under the cap.

A new study found that so far there’s little cause for concern: Average enrollment in company plans was essentially unchanged between 2014 and 2015 at 74 percent of all workers. Read more…

Compensation, Talent Management

Money is the Best Excuse (Even If It Isn’t True) for Your Employees Quitting

Illustration by Dreamstime

Citing money can be the best excuse for leaving an employer, even if it is untrue.

One survey blamed voluntary turnover on income. But when an employment agency surveys financial types on why people leave their jobs, it should come as no surprise that they chose money as the principal motivation for quitting.

Of course! These are groups who obsess about money. Read more…

Benefits

It Makes No Sense to Have Employees Come to Work Sick

Photo by Dreamstime

How much sense does this make: Retail and restaurant workers, who come into more direct contact with the average customer than any other job, are the least likely to have paid sick leave as a benefit.

Having to choose between showing up to work ill and getting paid for the day is a regular dilemma for the people who handle most of the nation’s food and products.

That’s the kind of thing that makes me sick. Read more…