Compensation

Compensation

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  • There is a lot riding on the Supreme Court’s health reform decision for all stakeholders. Brokers and consultants need to be prepared to advise their clients, says EBA Advisory Board member Mark Gaunya, who highlights what you should be thinking about while we wait for the decision.

    June 25
  • As if the Patient Protection and Affordable Care Act didn’t give employers enough to worry about, a PPACA-related regulatory headache may be taking hold for small firms.

    June 21
  • Investors could be excused for avoiding health insurance and hospital stocks as a U.S. Supreme Court decision nears on President Barack Obama's health care overhaul law — an outcome that could send the companies' shares down 10% or more.

    June 20
  • The first day of summer presents a good opportunity to reflect on whether employees are taking enough vacation time and, as such, recharging their batteries to a point where they are on track for becoming healthier, happier and more productive. It’s also worth revisiting a familiar U.S. public-policy debate on the link between paid time off and worker engagement, productivity and performance relative to other nations, especially during austere times when stress is heightened.

    June 20
  • Companies that measure corporate culture have more engaged and committed employees, according to the results of a study from Critical Metrics, LLC. The findings also revealed that although most employees and senior leaders think that measuring corporate culture is important, few companies measure it, and even fewer do it well.

    June 20
  • While the vast majority of companies involved in mergers and acquisitions use retention agreements to retain key talent, a new survey by global professional services company Towers Watson shows companies that are more successful at retention begin the process early — identifying people and tactics — and don’t rely solely on money.

    June 19
  • In its annual review of employer attitudes toward health plans, J.D. Power and Associates finds that although fewer than 15% will drop health coverage altogether, close to half of companies are likely to shift health benefits to a private exchange model.

    June 19
  • Republican Mitt Romney last week laid out his vision for a "consumer market" health care approach to replace President Barack Obama's sweeping reform law, whether or not the U.S. Supreme Court overturns the legislation this month.

    June 19
  • In its annual review of employer attitudes toward health plans, J.D. Power and Associates finds that although fewer than 15% will drop health coverage altogether, close to half of companies are likely to shift health benefits to a private exchange model.

    June 19
  • The lines of demarcation between work and life beyond office walls may have largely disappeared in many organizations, but that’s not to say employees are always accessible when they’re out of the office. With summer officially kicking off on Wednesday, there could be mounting anxiety about reaching vacationing coworkers.

    June 18
  • Although employers should proactively strive to create and maintain a safe work environment, no amount of preparation is guaranteed to prevent conflicts. In the unfortunate event that a credible threat of violence arises, established protocols and awareness can help address the issues promptly in an effort to protect everyone's safety. …

  • Between 2003 and 2006, Standard Textile - a company that manufactures textiles and apparel for a variety of industries, including health care and hospitality - watched its benefits costs per employee jump by 60%. That got the attention of the CEO, and the company embarked on a more aggressive health and wellness journey.

    June 15
  • The preliminary results of a pilot project involving a large, self-funded employer and a new mobile application, myDrugCosts, show that 42% of employees who used the voluntary benefit reported saving money on their prescription drug costs.

    June 15
  • Building a culture of health at any organization can be challenging, but doing so reaps valuable rewards in curbing health care costs and engaging employees in making healthy decisions. In a recent webinar series sponsored by the International Foundation of Employee Benefit Plans, the health director from Dow Chemical and the compensation and benefits manager at Pinellas County, Fla., shared the building blocks for creating a culture of health - and how employers in both the public and private sector can find the reasons and resources needed to make such an effort successful.

    June 15
  • Zone had grown weedy. As the corporate intranet for Quintiles - a biopharmaceutical services company headquartered in North Carolina - QZone had remained virtually unchanged for eight years. It was a fairly traditional intranet containing corporate news, links to various applications and calendars, along with benefits information. But it had stopped growing and evolving with the rest of the company's digital strategy. It was time for a change.

    June 15
  • Later this month, employers will know - based on the Supreme Court ruling whether to uphold the Patient Protection and Affordable Care Act - if their employees must have health insurance. Should the law and all of its provisions be ruled constitutional, the cost of offering health benefits may prove too much for some employers, allowing employees to seek coverage from state-run insurance exchanges.

    June 15
  • As a (very) busy mom and wife, I sometimes find myself regarding circus performers with unadulterated scorn, thinking to myself, "Look at him, juggling his knives like it's hard or something. Pfft! Try juggling a full-time job, a husband, two (almost three) kids, one dog, four schedules, a house, and bills - and then ask me how tough juggling just plain knives is!"

    June 15
  • When you know better, you do better, so the saying goes. For Brocade, a Silicon Valley-based high-tech company, the knowing came in the form of a trust survey the organization conducted in 2009 as part of its participation in the Great Place to Work Institute surveys. That trust index survey revealed that women ranked Brocade lower than their male counterparts in 95% of categories. And even though Brocade ranked high overall - achieving a spot on the nation's Great Place to Work list in 2009 - CEO Mike Klayko wanted to dig deeper into what was going on.

    June 15
  • Ever wonder what makes successful advisers successful? Independence and technology are the leading factors, according to four advisers at TD Ameritrade Institutional’s Elite Summit, but some of the other factors were even more surprising.

    June 14
  • Despite taking proactive steps to keep their finances in check, only a third of American workers (34%) believe they are saving enough money in order to live comfortably in retirement, according to new research from the Principal Financial Well-Being Index.

    June 14