Compensation

Compensation

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  • Just as HR/benefits professionals have evolved over the last 20 years from personnel to HR to strategic partner, diversity and inclusion also has experienced an evolution over the last two decades.

    November 1
  • While many employees obtain benefits information from their employers, another source of information, at least for Gen Y (ages 18 to 34), is family members and friends, according to survey results from Colonial Life.

    November 1
  • The long term care market continues to be in turmoil for group benefits and voluntary producers. You probably noticed the federal government couldn’t figure it out and has punted as of a recent announcement by HHS Secretary Kathleen Sebelius. “Health officials said that after 19 months of analysis, they could not come up with a model for the so-called CLASS Act that keeps it voluntary and budget-neutral.” …

    November 1
  • Everyday services that help strike a better work-life balance have become an increasingly valuable part of the benefits package - even if employees are the ones who pick up the tab. But what is the best way to deliver this assistance to the workplace to ensure satisfaction and boost program utilization?

    November 1
  • We know that HR directors, benefits managers and C-suite executives are horribly frustrated with employee benefits - not simply with the high cost of the medical, but perhaps most with their lack of control over the process.

    November 1
  • You now have a strong advocate, retirement advisers. Read in the November issue of EBA as contributor Fred Barstein talks about the recent launch of the National Association of Plan Advisors, a sister organization of the ASPPA.

    November 1
  • It's not surprising that the youngest generation of workers has saved the least toward retirement. But what is startling-and worrisome-is the fact that the savings rate for this group has fallen significantly in the past decade.

    November 1
  • Nationwide Better Health, part of Nationwide Mutual Insurance Company, closed its doors Sept. 1 after five years in the wellness and productivity business. The company announced on May 25 that Nationwide would sell its productivity services to Sedgwick Claims Management Services Inc. and wind down disease management and wellness programs.

    November 1
  • For executives and other high net worth individuals, an emerging voluntary benefit addition is survivorship life insurance - an area benefits professionals may want to explore when crafting executive benefits packages.

    November 1
  • Predicting an employee's future success at a company has traditionally stumped experts, and relying on metrics, such as IQ level, only tells 25% of the story. What makes up the other 75%, according to Shawn Achor, Harvard researcher and positive psychology expert, is the belief that your behavior matters, a positive social support system, and whether you view a challenge as a stress or an impetus to improve.

    November 1
  • At its peak in the early 1990s, there were over 2,000 recordkeepers serving retirement plans - today there are fewer than 60. In light of service-provider profit pressures from declining margins, sponsor fee sensitivity caused by litigation and Department of Labor's fee-disclosure regulations, finding the right plan vendor for the right price can be a challenge.

    November 1
  • By 2014, the under-30 population will become the majority of the workforce, a title once held by baby boomers. During this transition, employers must revisit their strategies for engaging younger populations in health care decision-making and lifestyle improvement.

    November 1
  • Like a lot of companies, Veridian Credit Union wants its employees to be healthier. In January, the Waterloo, Iowa-company rolled out a wellness program and voluntary screenings.

    October 31
  • New research released Thursday from Guardian Life shows that 62% of workers now enroll online for their employee benefits, compared to only 29% in 2005. In the past year alone, the use of online benefits enrollment increased by 8 percentage points, which represents a significant shift in how employees learn about, evaluate and interact with their benefits programs.

    October 27
  • The younger the customer, the more they will want a guaranteed income after retirement is the first takeaway for insurers from a Prudential survey about retirement planning.

    October 27
  • With responsibility comes opportunity . . . when we take on more responsibility for the way we live our lives and the health care choices we make, we earn opportunities for a better life. How? Choose to live a healthy lifestyle. Eat righ, check out Dr. Gundry on Google for some good advice. Get enough sleep, always easier said than done, but so worth the effort. Workout, find a cardio routine that you enjoy and do…

    October 27
  • The culmination of years of consolidation among health insurers is restricting competition in four out of five metropolitan areas in the United States, new analysis from the American Medical Association finds.

    October 26
  • Universities struggle with diversity just as much as the corporate world, admitted Dr. Freeman A. Hrabowski, president of The University of Maryland, Baltimore County, speaking Tuesday at the 2011 SHRM Diversity and Inclusion Conference in Washington, D.C. However, the two universes have a common link — education — and that link can help both worlds overcome diversity obstacles.

    October 26
  • Budget woes are hitting public sector employers hard — and the effects are going to be felt in their employee benefits programs, reveal recent survey results from Colonial Life & Accident Insurance Company. Eighty percent of HR managers responding to the survey say their organization is looking at ways to reduce the cost of employee benefits plans. In fact, more than half (58%) report controlling costs is the benefits program’s top priority. The ability to retain…

    October 26
  • Budget woes are hitting public sector employers hard — and the effects are going to be felt in their employee benefits programs. That's according to a new survey conducted by Colonial Life & Accident Insurance Company with members of the International Public Management Association for Human Resources last month.

    October 25