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Compensation & Benefits

Preserve flex, work/life benefits during tough economy

07/03/2008

The stormy economy hasn’t dampened employers’ interests in offering work/life benefits to their employees, says a new study. Even as organizations severely cut contributions to health care, disability programs and pension plans, they continue to offer flexible schedules, child and elder care support, and employee assistance with family and personal problems …

Domestic partners, families partake of company benefits

07/03/2008
Like a growing number of organizations, Richmond, Va.-based CarMax includes employees, their domestic partners and their families in its health plan. But the new- and used-car retailer doesn’t stop there. Domestic partners and their families also take advantage of CarMax associate discounts on cars, auto insurance, parts and service …

Covering in vitro could save on high-Cost alternatives

07/03/2008
Most progressive companies help employees who have young children by offering benefits such as child care and parenting advice. But a few are helping employees become parents—with a benefit that helps them pay for in vitro fertilization …

IRS sets 2009 limits for HSAs

07/03/2008
The IRS has announced the new maximum annual Health Savings Account contributions …

Protect frequent business fliers with travel assistance plan

07/03/2008
Your organization’s frequent business travelers know that political unrest, terrorism and natural disasters increase the risk of trekking to foreign destinations. Calm their fears—and keep them safe—by prearranging for medical care should they fall ill or be injured, legal or financial help in case they’re robbed, or evacuation if there’s a disaster …

Domestic violence victims get help from their employer

07/03/2008
Domestic violence victims who work for Phoenix-based marketing communications firm McMurry Inc. have a place to stay. They get unlimited paid leave and support from their managers, who help check them into a free shelter. If they need lawyers, the company pays for them …

Watch what you say about termination

07/03/2008
It’s crucial to prepare accurate notes about any meeting in which managers are discussing whether to terminate someone. Otherwise, a jury might hear a simple question like, “Can we get in legal hot water for firing someone on disability leave?” as “Let’s find a way to get rid of her!” …

Tailor incentives to encourage most important health behaviors

07/03/2008
Half of large employers use incentives to encourage employees to quit smoking, lose weight or otherwise improve their health, and that number will leap to 74% next year, predicts HR consulting firm Watson Wyatt Worldwide …

10 ways to help ease employees’ pain at the pump

07/03/2008
Nearly a third of HR pros in a recent survey reported knowing at least one employee who quit in the past year because the high price of gas made the commute too expensive. Some organizations are addressing the driving dilemma—and revving up their retention programs—by pushing telework and shorter workweeks. But other employers take an even more direct approach: paying for employees’ gas …

By the Numbers: Faking it: Excuses for arriving late

07/03/2008
Twenty-four percent of employees admit they lie when explaining why they’re late for work. Here are their top excuses…