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Compensation & Benefits

12 Real-Life Employee Appreciation Strategies That Work

03/01/2006

March 10 is Employee Appreciation Day, but you can show your gratitude throughout the year. Studies show that employees who feel valued are more likely to stay … Choose your favorite ideas from among these real-life suggestions …

Steer Clear of ‘Take It or Leave It’ Early-Retirement Offers

03/01/2006

If you plan to lay off employees, structure early-retirement offers carefully to avoid age-discrimination lawsuits. In particular, avoid making "take-it or leave-it" offers that force employees to choose between resigning with a severance package or being terminated …

Mandatory Off-Site Counseling Sessions May Be Paid ‘Work Time’

03/01/2006

If you require hourly employees to attend counseling or training workshops outside normal working hours as a condition of employment, you may need to pay employees for those hours. You may also need to pay the employees’ travel time, too …

Strong new economic numbers signal upward pressure on wages

03/01/2006

Several important economic indicators released last month suggest that wage growth and a tighter labor market are just around the corner …

Cutting hours is legal, but anticipate bias claims

03/01/2006

Q. Can we legally reduce the hours of full-time employees in one of our divisions because this division needs to cut overhead? —J.B., Massachusetts

Plan Ahead for Take-the-Kids-to-Work Day: April 27

03/01/2006

Annually, the fourth Thursday in April (April 27 this year) is Take Our Daughters and Sons to Work Day, hosted by the Ms. Foundation for Women. To head off requests and confusion about whether/when the kids can come, establish some ground rules …

Beware false promises in handbooks; explain ‘what,’ not ‘why’

02/01/2006

Just the facts, ma’am. Your employee handbooks should clearly state your organization’s rules and benefits without including any excess or superfluous language. If you embellish the document with needless explanations, you may end up eating your words …

Study multiple reviews to identify best HR tech products

02/01/2006

Each year, several respected organizations rate the top HR technology, software and Web-based products. But it’s difficult to know which products are best because no two rating systems are the same, and they’re often contradictory …

Look to states, not Congress, for radical health care changes

02/01/2006

Employers and consumers alike have been wrestling with skyrocketing health care costs, with no end in sight. And while Congress has talked much about reforming the system, it’s been spinning its wheels for years. The same can’t be said for state legislatures, where lawmakers are actively passing laws to make coverage more affordable …

Use ‘Mini-Med’ Benefits to Cut Costs, Help Retain Staff

02/01/2006

Soaring health costs are forcing many small firms to shift more cost burden to employees or drop coverage. But be aware that many companies are taking a third option: offering a limited medical health insurance plan (or "mini med") that provides bare-bones health coverage …