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Compensation & Benefits

Appeal to older workers with these 4 health plan ‘Extras’

09/05/2008

Health care coverage becomes increasingly important to employees as they get older. If you’re courting mature, experienced workers to join your team—or if you want to retain the ones you have—you might need to tweak your health benefits so they appeal more to over-50 employees. Here are four health-related perks that could help you seal the deal …

Take these 3 steps to help your employees prevent cancer

09/05/2008

It costs five times more to insure an employee who has cancer than one who doesn’t, a recent survey revealed. But it could cost your organization as little as $2.95 per employee, per month to cover the costs of early detection. Here is what your organization can do to help prevent cancer among your employees and lower the medical and lost-productivity costs associated with the disease …

Disability insurance kicks in on Day 1 at Virginia firm

09/05/2008

A short- and long-term disability-income protection plan kicks in the very day an employee starts work at Snagajob.com in Richmond, Va. The company pays 100% of the insurance, which lets employees receive 60% of their salary while on disability leave …

Budget for lower health cost growth in ’09

09/05/2008

Health care costs are expected to increase on average 10.6% in the next 12 months, the lowest percentage increase since 2001. That’s what Aon Consulting Worldwide found when it surveyed more than 70 health care insurers, representing more than 100 million insured individuals …

This just in: Don’t fire employee for taking FMLA leave

09/05/2008

It seems pretty obvious you can’t legally fire an employee because she took FMLA leave. Every employer knows that, right? Perhaps not. Recently, the 6th Circuit Court of Appeals had to rule on the question when an employer hoped to get a definitive ruling that employees are entitled to leave, but can be fired for using that leave …

Flex Fridays allow employees time to unwind after traveling

09/05/2008

After a business trip, employees of Ann Arbor, Mich.-based Humantech get the following Friday off, just to unwind. The workplace ergonomics consulting firm’s business travelers earn the extra day off when they make extended trips or work odd hours while on the road …

Team-building trips bolster software company’s retention

09/05/2008

Team building is a core value at DAXKO in Birmingham, Ala., where each employee gets $50 per quarter to participate in a group activity with co-workers. Teams have gone white-water rafting, wine tasting or horseback riding …

Does docking pay affect FLSA status?

09/05/2008
Q. I recently docked one of my salaried employees’ pay for damage he caused to his company vehicle. My HR director said that by doing so, we might have made the employee eligible for overtime pay. Is this true? …

Salaries up slightly in ’09, with more pay for performance

09/05/2008

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 …

100% of employees participate in wellness program at tech firm

09/05/2008

At Dynamic Edge in Ann Arbor, Mich., everyone takes part in the company’s wellness program. To keep participation high, the tech support firm lets its 35 employees earn a point for every 15 minutes they spend exercising. An employee who earns 150 points receives a $100 check toward a gym membership …