A well-crafted total compensation statement should include key parts of the organization's EVP (employee value proposition) in addition to the core elements of total rewards.
January 10, 2012
New requirements on reporting healthcare costs on employees' W-2 forms may cause some employers to think of the W-2 as a replacement for a total compensation statement. Doing so, however, would be a mistake.
November 28, 2011
Choosing well during open enrollment is one important way to maximize your total compensation package.
August 2, 2011
Three news items caught my attention today. The first comes from economist Jared Bernstein’s blog where he notes that real compensation – i.e., wages and benefits, adjusted for inflation – continues to fall. The second tidbit, from CNNMoney, discusses a recent Mercer compensation survey which found that the average increase in base pay in 2012 […]
May 18, 2011
In anticipation of the coming open enrollment season, here are several articles that benefits and HR professionals should find helpful as they prepare for the big event: From Employee Benefit News: Covering all bases: Preparing for open enrollment, part 1 Two from Workforce Management: Employers Ending the Paper Chase by Communicating Benefits Online Four Creative, […]
May 26, 2010
The owner of a California landscaping company provides free veggies to all his workers.
March 16, 2010
A new study finds that organizations are looking to control the costs of total rewards programs in 2010 while still ensuring that those programs have a positive strategic impact.
February 24, 2010
With wages expected to remain flat for an extended period - but overall total compensation costs expected to increase - communicating the total compensation message to employees is critical.
January 17, 2012
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