Give Your Health & Retirement Benefits a Check-Up Many companies find summer to be a good time to review the performance of their insurance benefits and retirement plans. When assessing these critical components of your total rewards program, you would be wise to look at three major performance areas – employee satisfaction, cost effectiveness and [...]
Category: Compensation Trends
Final Seattle Paid Sick & Safe Time Rules The Seattle Office of Civil Rights released the final administrative rules for the new Paid Sick and Safe Time Ordinance, which goes into effect on September 1, 2012. The final rules include a few substantive changes (listed below, courtesy of the Daily Journal of Commerce). Cash outs [...]
Summer is Salary Survey Season The results of many salary surveys are released during the summer. Do you plan to buy any? We hope so! We’re advocates of high quality, reputable surveys because they offer critical information for compensation planning purposes. Why should you purchase salary surveys? Salary survey data helps an organization to pin-point [...]
How to identify the right survey sources for different employee groups is reviewed. Catherine discusses how to validate salary surveys and how to develop a realistic salary survey budget. Salary survey anti-trust guidelines are reviewed. Benchmark jobs and how to match your jobs to the survey jobs is covered. October 2010
Labor costs are the biggest overall expense for most businesses yet few spend the time and money necessary to ensure that this ANNUAL expense is aligned with organizational values.