The HR Specialist: Compensation and Benefits

The Container Store has an entirely paperless payroll department. The transition to a paperless system began five years ago when the Texas-based company adopted new payroll software that allows employees to change their information online …

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You know turnover is expensive; it forces your organization to recruit and train new employees. And while not all turnover is undesirable, a growing number of organizations are starting to focus on the management of turnover as a strategic business issue, both in terms of controlling bottom-line costs and driving top-line results …

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Verizon is doing it, and interest among other U.S. organizations is growing as excessive executive compensation gets more negative publicity. But don’t look for an overnight change in the way executive pay is determined …

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By Jan. 1, 2009, you will have to file an electronic version of Form 5500, the annual report of your employee benefits plan. The original deadline was Jan. 1, 2008, but employers complained they didn’t have enough time to comply with the new rule …

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Coaching and mentoring are among the top new ways to retain high-potential employees, says a survey by ClearRock, a Boston-based executive coaching firm …

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Fish ponds and Weight Watchers are just two of the benefits Acuity offers its employees. The insurance company’s Sheboygan, WI, headquarters has four ponds on its 115-acre campus, all stocked with bluegill, perch and bass …

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Long hours at work can leave little time to prepare dinner, so First National Bank delivers frozen, home-cooked meals right to their desks …

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Few organizations can boast that 90% of their employees use flexible work arrangements. Yet the majority of employees at AstraZeneca’s Wilmington, DE, headquarters use flexible work options ranging from compressed workweeks and part-time schedules to telecommuting and job sharing …

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f you work for a large organization, get ready to fight with small ones for your employees. If you work for a small organization, get ready to spend more on the pay and benefits that will lure big-company stars over to your shop …

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Your organization might offer (or have considered) a concierge service to help employees buy gifts, run errands and plan parties. The newest player in that field can help them plan funerals …

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