Compensation Managers, Get Ready: Here's What's Coming
December 17, 2004Compensation professionals, allow us to peer into your future. Rather than
little cards or crystal balls, though, we?ll attempt to divine current
and future trends in compensation from a more terrestrial source.
Good News: HR Pay Rates on the Rise
December 09, 2004As the economy improved and employers began to focus on growing business and
investing in employees, many human resource (HR) positions commanded strong
increases in pay levels this year.
Get More Bang for Your HR Buck
December 03, 2004Due to a lack of workforce management, large corporations are losing revenue
and market share potential. In its study of 300 Fortune Most Admired
companies, Convergys Corporation found that even companies known for implementing
best practices estimate overspending by at least 10 percent on their workforce,
and that their employees are underperforming by 10 percent.
To Keep Employees Productive and Loyal, Help Them Stay Well
December 03, 2004What would motivate an employer to build an award-winning wellness program? For the Prudential Financial companies, it was genuine concern for employees' health. But lowering workers' compensation claims, disability claims, and health-care costs in general doesn't hurt, either.
Change Management Easier with Financial Education
November 29, 2004Although not much different from recent years, the situation was less than
ideal. Employees were lured away with promises of more pay or better benefits.
The recruitment machine chugged along at full capacity. There was constant training
for new hires.
Renew Outsourcing Contracts: Trim Costs, Improve Service
November 19, 2004Don't be afraid to admit it--things have changed. Much more data and information are available about outsourcing now than when you entered into your initial outsourcing contract.
Benefits for Domestic Partners: The Legal Basics
November 12, 2004If you are considering offering domestic partnership benefits, what are the
legal requirements? How does the Internal Revenue Service (IRS) treat benefits
to a domestic partner and what requirements does the employer have to meet?
Is income subject to withholding for federal FICA (Federal Insurance Contributions
Act) and FUTA (Federal Unemployment Tax Act)? What about health insurance and
the Consolidated Omnibus Budget and Reconciliation Act (COBRA)?
Flexibility in the Workplace: The Benefits Are in the Numbers
November 02, 2004When it comes to the effectiveness of flexible workplaces, opinions have been a lot easier to come by than hard data--until now. A new report documents what happens when employees are given flexibility in such things as their hours and ability to work from home.
New IRS Guidance Liberalizes Code Requirements for Health Savings Accounts
October 26, 2004Health savings accounts (HSAs) allow individuals to accumulate tax-exempt money to pay for medical expenses. Certain requirements have to be met, however. They are found in Section 223 of the Internal Revenue Code. This year, the IRS has issued several notices and rulings clarifying the requirements of Code Section 223.