In-depth strategic advice for designing, developing and maintaining compensation and benefit programs that attract and retain talent and make our readers’ organizations the employer of choice. HR Specialist: Compensation and Benefits guides professionals through their often-confusing and shifting legal and regulatory responsibilities while contributing to – rather than detracting from – the organization’s financial goals. Learn more about HR Specialist: Compensation and Benefits and the six free reports you'll get when you subscribe...
At least 15 percent of Americans are so stressed out about money that it affects their work, and about half say they spend more than 20 hours a week dealing with financial matters, says a Virginia Tech study. One solution: Ease employees’ financial pains—and bolster your organization’s retirement plan participation rates—by teaching employees how to better manage their money …
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While some Baltimore residents suffer through a one- or two-hour commute every morning, employees at Johns Hopkins University are sleeping a little later. Since the university began participating in Baltimore’s "Live Near Your Work" program in 1998, about 220 employees have received $2,000 grants to buy homes close to the university’s three campuses …
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Detroit-based music company, Handleman Co., hosts impromptu concerts in the lobby and gives free CDs to employees. Such perks landed the firm on a list of 60 "Cool Places to Work" in Michigan. But cool wasn’t cutting it for the company’s working moms, who wanted more flexibility after having babies …
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Starting this year, Kent, Wash.-based Recreational Equipment Inc. (REI) began offering some full-time benefits to their part-time employees. That’s no small change because the retailer employs nearly 4,000 employees who work fewer than 20 hours a week at 82 stores. But it gives the company a competitive advantage in recruitment and retention, says Jeff Johnson, director of compensation and benefits …
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Four million employees at more than 3,000 companies now collect plastic instead of paper on payday (a debit card look-alike that allows users to withdraw cash at ATMs or pay for goods at retail outlets) …
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In their zeal to attract good candidates, HR people and hiring managers often show job candidates only a shiny, happy picture of the organization. That’s not smart …
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Employees of 1-800-Contacts in Salt Lake City can feast on prime rib with Yukon Gold potatoes and a vegetable for just $2.50 in the company restaurant, a treat from their employer …
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Flexibility isn’t a program at accounting firm Jefferson Wells International, says Nadine Guirl, vice president of HR. It’s part of the company’s “fundamental structure” …
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If your organization refuses to reimburse tuition for employees who enroll in online college courses, it might be time to reconsider …
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Managers traditionally use employee development plans to give employees a say in the direction of their careers and to assess the organization’s future talent pool. Instead of using the tool just to focus on what an employee’s career would look like over the next one to five years, what if you used it to focus on what the person’s life would look like during that period? …
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