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Strategic Planning

Light a fire under execs to perform an ‘energy audit’

02/01/2004
Issue: Some utilities and government groups offer businesses free energy audits. Benefit: By suggesting such audits, you position yourself as a strategic thinker looking out for the organization’s bottom line. …

Your cost-saving plan of the year: Health Savings Accounts

01/01/2004
Issue: The new Medicare law allows employees to set up tax-free savings accounts to cover uninsured medical costs. Benefit: Setting up HSAs for employees could allow you to offer them …

Act quickly to bring back injured employees

01/01/2004
Issue: The longer an employee stays out on workers’ comp, the less likely he or she is to return to work. Risk: Higher workers’ comp and associated medical costs; plus …

4 Tips for Choosing a Long-Term Care Insurance Plan

01/01/2004

Long-term care (LTC) insurance can offer a low-cost way to upgrade employee benefits. The benefits: reduced absenteeism due to employee caregiving duties and  tax benefits for some employers. Use these four strategies to decide whether sponsoring an LTC insurance plan makes sense for your organization …

Back problems top workplace disability claim

01/01/2004

Want to know where to focus your health-prevention dollars? Concentrate on the ailments that are costing your organization the most money in employee absences, decreased productivity and increased health care costs …

Consider retaining just part of a lawyer

12/01/2003
Your organization may not need, or be able to afford, a corporate lawyer down the hall, or even one on retainer. Solution: Obtain the right amount of occasional legal service by using a new breed of so-called “fractional general counsels.”

How to measure the return on your training costs

11/01/2003
Issue: A solid return-on-investment (ROI) analysis helps your organization buy more for its training dollar. Benefit: ROI can help you prove, or disprove, that training is improving the bottom line. …

Your ideas: When to hold ’em, when to fold ’em

11/01/2003
Issue: Weigh and incorporate feedback on your ideas before “going public” with them.
Benefit: See the flaws in your plan, and spot opposition early on, so it, and your …

How to conduct positive, valuable assessments

11/01/2003
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Outsource strategically; don’t follow the crowd

11/01/2003
Issue: More organizations are jumping into outsourcing, but many aren’t impressed with the results. Risk: Farming out the wrong functions can actually lower HR efficiency. Action: Determine which functions …