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The HR Specialist: Compensation and Benefits

If your organization helps older employees plan for their retirement, you’ve probably been asking them how they’re set financially for their golden years. What you might ask instead is: What do you want to do with the next one-third of your life? …

 

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A reader of our weekly e-mail newsletter, The HR Specialist Weekly, recently posed this question: "We allow employees to take paid time off (PTO) in hourly increments, but they often use their PTO when running late in the morning or for unexpected ‘appointments.’ How can we get a rein on our PTO leave?" …

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It’s getting harder to find a good pension consultant: The Securities and Exchange Commission (SEC) is warning employers that some consultants fail to disclose their conflicts of interest, and that can cloud the objectivity of advice they give you and your employees …

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The city of Maple Grove, Minn., found a sure-fire way to convince its employees to adopt healthier lifestyles: It pays them to do it …

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Happy employees translate into low absenteeism and low turnover, says Lisa Conklin, public relations manager for Replacements, the Greensboro, N.C., china replacement warehouse …

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Nepotism doesn’t raise eyebrows at medical-billing service provider MBI Solutions. More than a dozen MBI employees have family members on the staff. The Kettering, Ohio-based company actively recruits employees’ relatives to create a family-friendly atmosphere and improve retention …

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You can look forward to smaller increases in health-plan costs for 2007, even though medical and prescription drug-plan costs are still expected to run at more than twice the rate of general inflation, according to the 2007 Segal Health Plan Cost Trend Survey …

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Want employees to take less sick leave? Consider letting them volunteer on company time …

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If you’re wondering whether a new employee will stick around, look at whether he or she signed up for your retirement plan. A new study confirms that employees who forgo employers’ retirement plans also tend to change jobs frequently …

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If your organization offers a flexible spending account (FSA) plan to employees, consider amending it to authorize payments by debit or credit card. The IRS recently issued new guidance that makes it easier for employers to track and verify employees’ FSA transactions …

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