Metrics

Make sure employees understand the value of their benefits

01/05/2009

Boosting your benefits communication during troubled economic times can help your organization retain good employees and ease their worries so they can focus on work. The key: Show employees the value of their benefits.

How to manage pay-for-Performance in today’s harsh new business environment

09/05/2008

If your organization has plenty of employees, but not enough of the skilled workers critical to surviving a down business cycle, you’re going to have to change your compensation plan. Three changes pave the way—finally!—for a pay-for-performance system that works.

Proving the ROI of wellness programs just got easier

08/28/2008

Every employer seems to be jumping on the wellness bandwagon in an effort to curb health care costs. But it’s always been hard for HR to prove its wellness investment is worth it. Reason: the inability to nail down a return on investment (ROI) on wellness programs. Now, a host of new approaches and tools have come to the rescue …

3 Keys to Creating ‘Employee Lifetime Value’

08/12/2008

Savvy business people have long focused on customer lifetime value—the gains to had from cultivating lifelong relationships with customers eager to patronize them again and again. Here are three keys to nurturing those same kinds of relationships with employees—and reaping the same kinds of rewards.

Measure effectiveness to make sure flex plans work for you

08/01/2008

Your organization wouldn’t offer flexible work arrangements like flextime and compressed workweeks if managers didn’t believe the benefits—better employee engagement, recruitment and retention—outweighed the costs. Still, a recent survey by Hewitt Associates found that few organizations have formal and consistent policies in place to manage their flex programs …

It’s time to revamp the way you calculate turnover

07/01/2008

There’s a big difference between losing three slugs versus three stars in your department within a month. Yet, at most organizations, those losses would be calculated the same—as an overall percentage of employees—when figuring turnover rate. The problem: Such a simple metric doesn’t account for performance differences among departing employees …

Backup care: It’s not just for kids anymore

06/06/2008

Unscheduled absences can throw production into a tailspin. Often, those absences occur when an employee’s child care arrangements fall through. But increasingly, workers also must stay home to care for spouses or parents who need help after surgery or because a regular caregiver is unavailable …

Lower health care costs with strategy to change behavior

05/02/2008

Colleges and universities with the lowest health care costs also have the most productive employees, says a new survey by HR consulting firm Sibson. Here are five lessons all businesses can learn from healthy campuses …

Insiders’ secrets for making the ‘Best companies’ lists

05/01/2008

Winning a spot on any of the dozens of coveted “best companies” lists can reap your organization a world of positive publicity and boost your reputation among potential recruits. But to win, you need to know how to play the game. Compensation & Benefits asked the experts to share some tips for placing well on the many “best companies to work for” lists …

Cutting back on health coverage?