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Compensation & Benefits

Give employees a grace period to spend FSA dollars

07/01/2005
If you allow employees to pay for health- and dependent-care expenses through a tax-advantaged flexible spending account (FSA), you can now give them an extra 21/2 months to spend the money. …

Can favoritism amount to a ‘hostile’ work environment?

07/01/2005
As if there weren’t enough complications when co-workers are paramours, here’s another: Those who aren’t part
of the love affair feel slighted when
the bedded ones are promoted, and …

Salary increases to remain below 4 percent in 2006

07/01/2005
Salary increases will average only 3.5 percent this year and are projected to remain at the same level in 2006, says the Conference Board. For the third consecutive year, the Conference …

Maintain ties with laid-off employees

07/01/2005
Don’t just throw those fish back in the water, keep them on a line with smart moves. Examples: A financial firm created a tuition fund for laid-off workers, hoping they would …

Keep staff vacation schedules away from public view

07/01/2005
With summer-vacation season here, you may be tracking employees’ comings and goings using schedules posted on a bulletin board or online. But not everyone thinks so highly of publicly posted …

Jury duty: How to manage leave requests and pay issues

07/01/2005
THE LAW. No one is immune from jury duty. Even Supreme Court Justice Stephen Breyer was called for duty
in his Massachusetts hometown. Al-though Breyer was dismissed from the pool, …

Commissioned finance managers are still exempt from overtime

07/01/2005
Last year’s overtime regulations prompted many retail-industry employers to review their compensation structures. But, as the case below shows, if you’re a retailer and have commissioned employees on staff, it’s likely …

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, …