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Compensation & Benefits

Stop ‘buddy punching’: Install a biometric time clock

07/01/2005
Issue: You’re paying for time that employees aren’t working because they punch each other’s timecards.
Risk: Such “buddy punching” can cost companies thousands in wasted payroll dollars.
Action: Stop …

No-Cost Employee Benefit: Payroll-Deducted PCs

07/01/2005

Looking to offer employees a feel-good perk that doesn’t cost you anything? Set up a program that lets employees buy home personal computers through payroll deduction …

Employee returning from FMLA? Alter pay only in rare situations

07/01/2005
When employees return from FMLA leave, they’re entitled to their same or equivalent position, pay and working conditions. If you try to place someone in a lower paying or lower-prestige job, …

8 real-life strategies for keeping employees on board

07/01/2005
Issue: As the economy heats up, employees, yes, even yours, are wandering through the want ads and surfing job boards.
Risk: Being caught without an up-to-date retention strategy can disrupt …

Review severance pact for clarity; define ‘for cause’ terminations

06/01/2005
Many employers offer severance to soften the blow of terminations and to buy a little insurance against lawsuits. But for those agreements to be enforceable, it’s important that you define the …

Give employees a ‘grace period’ to spend FSA dollars

06/01/2005
The IRS announced last month that you can give employees an extra 21/2 months to spend money they’ve set aside in their flexible spending accounts (FSAs) for health care and dependent …

Don’t overlook insurance-company freebies

06/01/2005
Many insurers offer free services that can cut your costs or make your business safer. Examples: Some offer free safety inspections and risk-management analysis. Others provide free classes or training materials …

Cut costs by challenging requests for intermittent FMLA leave

06/01/2005

Employees are becoming well versed in the FMLA game, and you’re paying the price.
Proof: Unscheduled intermittent FMLA leave now accounts for a sizable portion of all FMLA leave, says …

Expect employees to use up their vacation time this year

06/01/2005
Unused vacation time is common. In 2004, the average U.S. employee forfeited three vacation days, up from two days in 2003, says an Expedia.com survey.
But the tide may be …

Deduct Vacation Leave if Sick-Leave Bank Is Empty

06/01/2005

Q. If an employee is out sick but has already used up all her sick-leave hours, can we legally subtract from her vacation time instead? —K.P., Michigan