Top 10 Compensation Stories in Last 90 Days
September 24, 2007The following 10 articles are the most popular among Compensation.BLR.com readers in the last 90 days. The articles are available to both subscribers and non-subscribers.
Most HR Pros Don't Expect Raise Over 4 Percent
September 24, 2007More than 6 in 10 of human resource professionals do not expect to receive a raise higher than 4 percent in 2008, according to a recent Compensation.blr.com poll.
Wages Rise as Inflation Eases
September 24, 2007Inflation-adjusted, or real, average weekly earnings rose by 0.5 percent from July to August after seasonal adjustment, according to preliminary data released by the Bureau of Labor Statistics of the U.S. Department of Labor.
Senate OKs Mental Health Parity Bill
September 21, 2007The Senate has unanimously approved legislation that would require parity when group health plans provide benefits for both phsyical health and mental health.
Wage & Hour Complaints and InvestigationsNewsFederal
Firms to Pay Nearly $1M to Hurricane Katrina Workers
September 20, 2007L & R Security Inc. and HKA Enterprises Inc. have agreed to pay a total of $941,537 in back wages to 382 current and former security guards and debris removal workers.
IRS Extends Compliance Deadline for Deferred Comp Documentation
September 19, 2007The Treasury Department and the Internal Revenue Service (IRS) have announced that taxpayers will have until December 31, 2008, to bring documents into compliance with the final nonqualified deferred compensation regulations under section 409A of the Internal Revenue Code.
Value-Based Health Benefits Payoff for P&G
September 19, 2007Since the early 1990s, employees at Proctor & Gamble had paid percentage co-insurance for their drug benefits. The company's goal was to maintain a 75%company/25% employee cost share. But things changed in 2003. That year brought the arrival of many specialty drugs along which were marketed directly to consumers (via television and other ads), and P&G began struggling to maintain the desired cost share.
Comp Time or OT Pay? HR Pros Would Take Comp Time
September 18, 2007If given the choice between receiving compensatory time off or overtime pay, a majority of human resource professionals would take the former, according to a recent Compensation.BLR.com poll.
The Key to Medical Cost Reduction: Partnering with Employees
September 17, 2007How would you like your company to make headlines for saving one million dollars in medical costs while improving employee benefits? It happened to Dynamic Dies, Inc., as explained Monday at the 20th Annual Benefits Management Forum & Expo by Jill Kopanis, the company's Corporate Human Resource Director.