Articles tagged '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…

Talent Management

Perks Are Fine, But Here’s How to Help Employees Really Love Their Jobs

© gstudio - Fotolia.com

We’ve all heard about the fun perks that progressive employers like Google and Yahoo offered their employees  — great social activities, play areas, telecommuting options, free bikes to ride around campus, and the opportunity to spend a fair portion of their work time on projects of their own choosing.

This has begun to change as more traditional-minded CEOs come on board, to the apparent chagrin of many. But, there are other ways to make people look forward to coming to work, without risking that complacency can take hold.

Loving a job in a productive way has a lot to do with ownership. Engaged workers own their jobs. They’re willing to give their discretionary time to their work. 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…

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…

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…

Benefits

You Don’t Need to Be Outrageous, Just Creative, With Your Benefits

benefits pic

Job seekers care about the benefits you offer. In fact, 4 out of 5 say that the benefits offered are the deciding factor in taking a new job, according to data from The Guardian 2014 Workplace Benefits Study.

But what does this mean for your company? How can you compete with the outrageous benefits that companies like Google or Facebook are offering?

The answers are simple: get creative and offer candidates what they need, in order to secure the top talent your company needs. Read more…