What Good Is Comp Time If You Can't Take It?
January 14, 2005Cleveland police officers complained that after accepting compensatory time off instead of overtime pay, they were barred from actually using the time. What did the courts say?
In 2005, Less Emphasis on Raises, More on Bonuses
January 07, 2005Bonuses are growing in popularity with organizations for a variety of reasons.
In this relatively slow economy, employers are not yet driven to raise salaries to meet competitive challenges, and employees are not yet likely to jump from company to company. In addition, bonuses are financially attractive to employers because the bottom line cost is flexible, varying according to performance and annual adjustments.
Job Pricing: What Are You Worth?
December 27, 2004Here's how to determine whether your organization is pricing jobs (including your own) correctly and competitively.
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.