Practical HR Tips, News & Advice. Updated Daily.
The changes, which take effect July 1, 2012, are big. As a plan sponsor, you will receive new information about fees paid by the plan. You will also need to give participants some new information. For guidance, we turned to a recent BLR publication, the 401(k) Fee Disclosure Compliance Download Report. Your Role As Fiduciary […]
Most companies are looking at around 3 percent for their merit budgets, says consultant Terry Pasteris, but they’re wishing they had 5 percent. In today’s Advisor, how she makes that (appear) to happen, plus an introduction to the all-comp-in-one-place website, Compensation.BLR.com. Salary Increase Budget Surveys Most employers are working with 3 percent for merit, as […]
Yahoo and Best Buy famously eliminated or curbed telecommuting; meanwhile, other companies are embracing it. (Cisco reported it improved employee retention and saved $277 Million by allowing employees to telecommute.) In today’s Advisor, attorneys Deanna Brinkerhoff and Cathleen Yonahara offer ten practical tips for your telecommuting program.
If you reclassify employees after a self-audit, you’ll likely face some tough questions, especially about back pay. Attorneys Allen Kato and Saundra Riley recently offered tips on how to respond. But first, here is Kato’s third option for dealing with reclassification (see yesterday’s issue of the Advisor for the first two). (The attorneys are associated […]
Why track exactly how many hours every employee works?
Mark Adams, editor of Louisiana Employment Law Letter, answers the 10 most common workplace questions.
With a record 4.3 million Americans having quit their jobs in August, industries across the board are facing a dire worker shortage. Chief among these industries is technology, with a staggering 65% of technology leaders agreeing that hiring challenges are hurting the industry. Tech workers know they have leverage, so it’s in the hands of […]
There are seven basic merit allocation strategies, says Consultant Whitney Herrington. Compensation managers should be familiar with them all, including when they are appropriate (and when they are not).
I am wondering how we will change our car sales employees under the new FLSA overtime regs. They currently receive a draw of $18,000 + commissions and they’re exempt. Does this mean our only option is to make them nonexempt and start having them clock in? We cannot provide a base draw of the new […]
Anytime a real-world example can be provided to trainees, companies should try to find a way to leverage it to reinforce training and highlight key principles, policies, or concepts. But mistakes, in particular, can be valuable examples for several reasons.