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Total Rewards News from WorldatWork

Total Rewards News

Newsline

Workers at Small Companies Pay Larger Share of Health Costs
November 20, 2008
A new analysis of employer-provided health insurance finds that firms with fewer than 200 employees are less likely to offer health insurance (62%) to workers than are larger firms (99%).
Annual Bonus and Stock-Based Awards Expected to be Down in 2009
November 20, 2008
A new survey finds that companies expect annual bonus and stock-based awards for executives to decline.
Tetra Pak Moves to Defined Contribution; Takes Advantage of 'Tax Neutral' Location
November 19, 2008
When Tetra Pak decided to transition from a defined benefits pension plan to a defined contribution plan, the company faced enormous challenges.
Royal Bank of Scotland Improves Employee Engagement With New Flexible Benefits Tool
November 19, 2008
The Royal Bank of Scotland (RBS) developed a strategy for driving employee engagement as a means to improve productivity and the bottom line.
Sales Comp Pros Tell Conference: Dont Think ShortTerm; Paradigm is Changing
November 19, 2008
At the Canadian Total Rewards Conference, sales compensation mavens David Johnston and Vivian Jennings said cutting back, laying off workers and freezing spending is a shortsighted view of doing business during an economic slowdown.
Report Combines Benefits and Compensation Data
November 19, 2008
A new total rewards survey combines benefits and compensation data in an effort to help organizations evaluate their marketplace effectiveness to plan for the future.
Canada Conference Keynote Provides Career Insight for HR Pros
November 18, 2008
International organizational career management expert and author Barbara Moses, Ph.D., told more than 300 attendees that people work to find or design work, which speaks to our unique values and talents, makes us feel good about ourselves and allows time for a life.
Senate Finance Committee Chair Releases Health Care Proposal
November 17, 2008
Sen. Max Baucus (D- Mont.) has laid out a plan for ensuring that all Americans have access to health care, whether it's through employer-sponsored plans or private insurers ...
Employers Want To Keep Work-Sponsored Insurance
November 17, 2008
According to a new survey, 64% of employers surveyed believe that employer-based health care should continue to be the primary mechanism for benefits delivery ...
New FMLA Regulations Released
November 14, 2008
The Department of Labor (DOL) has released new, final regulations to the Family Medical Leave Act (FMLA) of 1993. The regulations were updated to address new military family leave provisions ...
WorldatWork Urges Congress to Pass Technical Corrections to the Pension Protection Act
November 14, 2008
WorldatWork joined almost 300 other organizations in issuing a comment letter to Congress regarding the funding provisions in the Pension Protection Act of 2006 (PPA) scheduled to come into effect this year.
Workers Consider Changing Jobs for Technology, Training
November 14, 2008
Nearly half of workers surveyed said they would consider changing jobs to work for an organization that is more committed to providing access to and training for the latest technology.
U.K. Workers To Get More Paid Leave, Still Lowest Amount in Europe
November 13, 2008
By April 2009 the minimum number of paid leave days in the United Kingdom (U.K.) will increase from 24 to 28 days ...
Employer-Sponsored Child Care Can Be Instrumental in Attraction and Retention
November 13, 2008
One-quarter of working couples who have children enrolled in a company-sponsored day care center have walked away from other job offers because of the lack of onsite day care.
Young Workers Demand Access to Mobile Technology
November 12, 2008
Younger employees are increasingly choosing where they will work based on how accommodating companies are to their personal technology preferences.
Telecommunications Workers See Sizable Compensation Increases
November 12, 2008
While many organizations are considering or conducting layoffs and scaling back on their anticipated salary increases, employees in the telecommunications industry saw sizeable increases in pay in the last year.
Employers Pay More For The Best Candidate in Sour Economy
November 12, 2008
Hiring is down, layoffs are up. But firms are spending more money to ensure they have the right candidate when they do hire.
Economic Turmoil Effecting Pension Funding and Expense
November 11, 2008
Nearly half of pension fund sponsors who reviewed their pension plans said the current economic climate will have at least some impact on plan funding and expense.
Holiday Parties Important to Employee Morale During Economic Downturn
November 10, 2008
While the economic slowdown is affecting businesses in all aspects of their organization, 60% of surveyed companies in the United Kingdom (U.K.) say they still intend to provide a holiday party for their staff.
DOL Issues Request for Information
November 10, 2008
The Department of Labor has issued a request for information in regards to the Genetic Information Nondiscrimination Act of 2008 (GINA), which amends Employee Retirement Income Security Act of 1974 (ERISA), the Public Health Service Act ...
Obama Wins U.S Presidential Election; Total Rewards Issues Likely on Agenda
November 5, 2008
Democratic President-Elect Barack Obama has been confirmed the winner of the U.S. Presidential election. Obama will be the first black U.S. President in history.
U.K. Considering Delaying Implementation of Flexible Work Extension
November 4, 2008
The Department for Business, Enterprise and Regulatory Reform (BERR) in the United Kingdom has announced that it may delay the implementation of legislation that extends the right to request flexible working from parents.
Small and Medium Businesses Expect Growth in 2009 Despite Financial Chaos
November 4, 2008
More than 37% of owners and managers of small and medium-sized businesses say they expect to grow in 2009, and 38% anticipate the same level of growth as in 2008.
Employers Want to Provide Health Insurance, Don't Want a Mandate
November 4, 2008
U.S.-based employers want to continue to provide health coverage to their employees, but dont want to be mandated to do so, according to results of a new survey.
Historic Election Day May Bring Full-Day Time Off Requests
November 3, 2008
Voters have already turned out in record numbers to vote early and theres no indication that will change tomorrow, especially with the high level of interest in this election.


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