Pay-for-performance and higher employee health care contributions look like they’ll remain fixtures of the post-recession comp and benefits landscape. Here are 11 other trends that could take a firm hold in 2011:
1. Employee self-service. HR staffs that thinned out during the recession may stay small for good. That leaves fewer specialists—that’s you—to handle routine chores such as vacation tracking.
Tip: Let employees handle such tasks themselves, using automated, web-based systems. Many benefits providers offer online processes so employees can manage their own affairs, leaving more time for you to focus on strategic activities.
2. Penny-pinching on pension plans. Employers remain worried about their long-term pension obligations. Some strategies for cutting defined benefit pension costs: higher retirement ages, more years of service before vesting and greater employee contributions. And businesses will continue to get ou...(register to read more)
- How to Fire an Employee the Legal Way: 6 Termination Guidelines
- 10 Secrets to an Effective Performance Review
- 14 Tips on Business Etiquette
- Make sure your accommodations are on par with Casey Martin ruling
- What to do when worker refuses to sign disciplinary memo
- Matrix workers clean up with EEOC bias settlement
- New Jersey Wage Payment Law