today’s top stories
May 1, 2013
Compensation Myths Skew Views on Executive Pay
Some of the most prevalent executive-pay myths come from questionable sources, including companies that have an agenda or that have proven to be examples of greed. Dispelling some of these common compensation misconceptions can yield valuable insights.
May 1, 2013
A Strong Rewards Program Improves Performance, Engagement
Business results are better and employees are more engaged in their work at companies with formal, developed rewards programs than at companies with less-developed rewards programs.
May 1, 2013
When Providing Benefits Information, Keep It Simple
In benefits communications, a simple story can convey a powerful message, especially
when accompanied by humor.
May 1, 2013
Expedia Drops Ratings to Improve Performance Culture
Expedia Inc. eliminated performance ratings for most
of its employees as the company focused on feedback and coaching to create a
new performance culture.
May 1, 2013
From Research to Rewards Practice: Making Connections
More sophisticated tools are needed to justify decisionmaking
in compensation and benefits.
May 1, 2013
Consistency, Clarity Are Keys in Peer-Group Selection
No credible alternative to the use of peer groups exist, so companies are unlikely to soon stop using the research tool.
April 30, 2013
Companies Mine Big Data for Buried Treasure
“Big data” is
not just a trending catch phrase but a potential goldmine for human resources professionals
and reward systems.
April 30, 2013
Pay Programs Need Consistency at All Levels, Executives Say
To ensure success, pay programs should be applied
consistently on a global basis.
April 30, 2013
Compensation Tops List of Employee Concerns at Global Level
Career development and decision-making are typical employee-engagement
drivers, but compensation tops the list at the global level.
April 30, 2013
Retention Plan Adjustments Are Needed for Top Employees
Companies that viewed the recession as a way to retain
top workers need to switch gears if they expect to hold on to valued talent.
April 30, 2013
Nokia Shifts to New Pay-for-Performance Plan
Nokia Corp. successfully
implemented a new corporate-wide compensation plan last year in just a matter
of months, thanks to intensive planning and communication.
April 30, 2013
Analyzing ACA Costs, Benefits for Hourly Workers
A key requirements under the Affordable Care Act (Pub. L.
111-148) is that employees working at least 30 hour have access to an
affordable health care plan that offers a certain threshold of value or
benefits.
April 30, 2013
Pay-for-Performance Policy Often Comes Up Short
Although many employers promote a pay-for-performance strategy
among employees, few employers achieve greater rewards for significantly
greater contributions.
April 30, 2013
Defining Long-Term Incentives in a Global Context
Costs, share usage, and internal issues need to be
considered in managing long-term incentive programs globally.
April 30, 2013
Proposed Bill Could Alter Work-Life Issues, Speakers Say
A
bill that would allow employers to offer employees compensatory time instead of
overtime wages to employees has started a conversation in Congress that deals
with work-life issues.
April 29, 2013
Modernizing Pay Practices on a Reduced Budget
In a struggling economy, the BBC succeeded in
modernizing its reward programs while cutting budgets primarily through increased
transparency in pay practices.
April 29, 2013
Companies Search for New Rewards Strategies
The recession and the
subsequent sluggish recovery changed the way companies approach reward programs,
particularly at high-performing firms.
April 29, 2013
Attracting Talent in Emerging Markets With Cross-Market Approach
PepsiCo's compensation and benefits team develops
a talent-recruitment program that can generally be applied across international markets.
April 29, 2013
CEOs Seek Rewards Programs With Corporate Returns
Chief executive officers
want human resources professionals to focus on rewards programs with direct business results and not
be concerned with best practices.
April 29, 2013
Conference Opens With Theme of Connection
Six words sum up the work experiences of total rewards
and compensation and benefits professionals, said Anne Ruddy, president of WorldatWork:
celebration, careers, commitment, conversation, communication, and connections.
April 26, 2013
Welcome to Philadelphia
Bloomberg BNA
welcomes you to the 2013 WorldatWork Total Rewards Conference and Exhibition. Live daily reports from the
conference, which takes place in Philadelphia from April 29 to May 1, will
highlight general sessions along with key workshops.