The HR Specialist: Compensation and Benefits

No animals live at the “petting zoo” at Booz Allen Hamilton’s McLean, VA, headquarters. Instead, the main attraction is “hot-off-the-presses” technology. Employees of the technology consulting firm can sneak a peek at—and try out—high-tech products before they hit the market …

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Georgia-based insurance firm Aflac is helping its employees buy their first homes through a program with a local agency. Aflac works with NeighborWorks, which teaches employees how to purchase a home and offers sessions on financial and debt management …

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Employees at Xerox can buy extra vacation time through a payroll deduction. Instead of paying for the extra vacation time all at once, employees can make weekly or monthly fixed-rate installments through payroll deductions …

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Employees love company cars, especially if they frequently drive to client sites and are allowed to drive the cars home. Whether your organization supplies the sought-after sedans to staffers who drive around for business—such as sales reps and IT repair techs—or as a perk for valued employees, the road will be smoother if you set down clear policies in writing …

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More than 60% of employees are counting on a defined-benefit pension plan to fund retirement, even though they acknowledge that the system is moving away from that traditional savings system. Among workers whose employers have reduced their retirement benefits, nearly 40% say they haven’t done anything to pick up the slack. Your organization can help employees build their nest eggs. Here are six ways …

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A new survey by the U.S. Labor Department Bureau of Labor Statistics (BLS) offers a great chance for HR pros to help employees understand the true value of their benefits. The key finding of the BLS’s National Compensation Survey  will come as no surprise: About half of the nation’s employees get health and retirement benefits through their employers. But other survey findings may provide a valuable opportunity to enlighten employees …

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Executives at Alexandria, Va.-based The Motley Fool expect the web-based financial advising firm’s 180 employees to get their work done. Once they do, they can take as much time off as they want—with pay …

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Despite the economic gloom dominating the headlines, three new national salary surveys predict that U.S. employers will generally hold salary increases steady in 2009. The surveys show employers plan to award average pay increases at or near 3.8% next year, nearly identical to raises given in 2008 and 2007. But smart employers aren’t handing out 3.8% across the board …

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Employees of

Copanion

in Andover, Mass., rarely go out for lunch. Instead, they enjoy catered meals every day—right at work. Employees eat and talk together in the company’s two lunchrooms … 

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The U.S. Department of Labor (DOL) last month debuted the FirstStep Recordkeeping, Reporting and Notices Advisor, an online tool that helps employers determine which federal laws, record-keeping requirements and poster rules apply to them …

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