09/07/2010
As premiums continue to rise and reforms have added new complexity (and looming new costs), the C-Suite is pushing HR for solutions. With insurance plan renewals fast approaching for many employers, there’s even more urgency. Reducing employers’ health insurance burden requires balancing three strategies: cost shifting, cost reduction and plan changes.
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08/24/2010
When President Obama signed health care reform legislation in March, the clock started ticking on a series of changes that HR professionals will be dealing with for at least the next eight years. Here’s your timeline of what to expect.
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08/24/2010
Most organizations believe they do pay for performance. They don’t. Here's how to get real about a compensation system that truly pays employees according to what they contribute to organizational success.
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08/05/2010
When reviewing salary surveys to determine fair pay rates for your employees, follow these tips from Beverly Dance, founder of Dance Consultancy, who spoke at the recent SHRM annual conference in San Diego:
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08/03/2010
As the economy turns the corner, more employees are looking over the fence to see if the grass is greener elsewhere. “For the first time since 2008, we’re seeing more people quitting than being laid off,” Jamie Miner, president of The Right Thing recruiting firm, says. “Employers need to be thinking now about how to create a strategy to recruit.”
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07/27/2010
Employers are warming up to wellness programs to help reduce health care costs. And it works! But choosing the wrong pieces of the wellness puzzle can lower your ROI dramatically. For the most bang for your wellness buck, focus on these five efforts that drive the greatest cost savings.
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07/20/2010
If the unsteady economy doesn’t improve during the next six months, one in four HR professionals say their organizations are “very likely” to respond with wage freezes, according to a new poll. What's your Plan B if the recession double-dips?
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07/20/2010
A recession has a way of changing the way businesses do business. HR is no exception. Here are three effective strategies for HR pros to consider as the economy recovers and their organizations permanently adopt the cost- and time-effective strategies they have embraced out of necessity over the past couple of years:
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07/08/2010
“Now is the time for all of you with plan-year start dates on or near Jan. 1 to start thinking about ways to control health plan costs,” says insurance expert Nancy L. Newell. Lowering employers’ health insurance burden requires balancing three strategies: shifting more costs to employees, implementing cost savings and making plan changes.
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06/22/2010
When times get tough, tough organizations get transparent. The more connected employees are with the financial big picture, the better they can generate revenue-boosting ideas. Is your C-suite boss seeking new ways to engage front-line employees by keeping them informed? Here’s how you can support his efforts.
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06/15/2010
When it's time to present next year's HR budget, get the C-Suite's attention with these six talking points. They'll show you mean business.
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04/30/2010
I get nervous when HR professionals use benchmarks as their primary criteria to determine how much to pay employees or spend on benefits. My proposal: Put less stock in external benchmarks, and figure out what your company needs to attract and retain high-quality employees. Then devise a strategy to get what you need. Here are five ideas to consider:
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04/27/2010
Innovative employers are applying five new principles when they talk to employees about health and health insurance. As you look for ways to encourage employees to be active, informed consumers of the health benefits you offer, see how many you can incorporate into your own communication plans.
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03/31/2010
After two years of painful payroll reductions, there’s enough light at the end of the recessionary tunnel for some employers to begin considering pay raises. In many organizations, pay hikes will come in the form of variable compensation plans. Experts say two tactics can help HR pros create variable pay plans that strike a balance between risk, reward and fiscal stability.
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03/19/2010
When researchers at HR consulting giant Towers Watson were compiling new stats on 2010 employer health care costs, they uncovered some fascinating findings from the world of behavioral economics that innovative employers are applying to their health communication efforts. As you look for ways to encourage employees to be active, informed consumers of the health benefits you offer, see how many you can incorporate into your own communication plans.
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