I may be guilty of doing what many other leaders do (making excuses as to why I don't reward and recognize the contributions of our profession and my own team), but this year, I'm on it!
May 21, 2012 -- Orlando, FL -- We last did a Census of the total rewards professions in 2007. We've updated it for 2012, and added some interesting twists, like the differentiators of high performing professionals in the total rewards field.
Next week will be my 11th WorldatWork Annual Conference and Exhibition. In all of those trips and perhaps a hundred or more workshops attended, I've learned a thing or two. Here is my list of can't-fail sessions and presenters this year.
Whether your organization is managing a defined benefit or a defined contribution plan, retirement plan governance consists of a "dance," one that requires a balancing act of minimizing risk, optimizing performance, and delivering cost-effective benefits that attract, motivate, and engage the right individuals.
I've been getting all of my travel supplies together early, just so I'm not scrambling on Friday this week, and it occurs to me that readers, regardless of whether you'll be in Orlando, may benefit from a top 5 list of things you've got to do before next week.
May 11, 2012 -- I haven't yet seen what is apparently the biggest superhero movie of all time, but there is another good guy out there that you probably haven't heard of. He's a CEO, and he's a superhero to his employees.
According to several reports, the growth of health-care spending has slowed in the last few years, surprising many health economists and other experts, due to the fact that the slow rate of growth cannot entirely be explained by the recession.
On Tuesday, Health and Human Services Secretary Kathleen Sebelius, Transportation Secretary Ray LaHood, Homeland Security Secretary Janet Napolitano and GSA acting Administrator Dan Tangherlini spoke at a Public Service Town Hall, an event marking Public Service Recognition Week.
Change is the only constant, right? Well, the answer may depend on what you're looking at and when. If you're reading the history of the "What Your Colleagues Are Reading" posts, you'll see that the type, timing and format of information continues to evolve; change really is constant.
On Feb. 9, 2012, the U.S. Departments of Labor, Treasury and Health and Human Services issued their final regulations relating to the Summary of Benefits and Coverage (SBC) for group health plans and health insurance issuers offering group or individual health insurance coverage. Due to the tight timeframe for implementation, practitioners will need to act quickly.
According to EBRI's 2012 Retirement Confidence Survey (RCS), 56% report they and/or their spouse have not tried to calculate how much money they will need to live comfortably in retirement. With all the financial education that employers continue to invest in, what else can they do to encourage employees to calculate their desired retirement income replacement amount?
Two recent surveys seem to indicate that younger generations' attitudes and expectations toward employee benefits may not be what was originally thought, or has begun to change. Survey results indicate that both Gen X and Gen Y workers seem to be taking a greater interest in financial security and their workplace benefits. Could the Great Recession be a cause for this?
This week womens' groups and the Administration marked the passage of Equal Pay Day, the day advocates say is when the earnings of female workers equal the earnings of male workers from the previous year based on the gap between the wages of men and women. In recognition of the day, the Administration released a variety of update reports, statements, and new resources.
The Benefits Advisory Council met in Washington, D.C. for its annual face-to-face meeting, and continued our discussion around the evolving landscape of the benefits profession, the changing role of the benefits practitioner, the impact of benefits on total rewards and the employee-value proposition, and discussed current and anticipated future challenges and emerging issues around employee benefits.
From storytelling on Day 1 to research and thought-provoking dialogue around three weighty work-life issues, attendees on Day 2 of the work-life forum tackled the day with gusto.
April 17, 2012 -- Working elbow to elbow in the dirt was a great way to get to know other attendees, and as some attendees agreed, a great education on the beauty of desert plants.
Communication is one item I frequently blog about since it is an item that HR and total rewards professionals struggle with as they seek innovative, impactful, and cost-effective approaches to reach their employees. Organizations continually search for ways to improve their communications efforts, especially in regards to the large financial investment and commitment they make to various rewards programs.
It's hard to believe that it's that time of the year again. It's time to start planning for the 2012 Total Rewards conference being held in sunny Orlando. It's a time of fierce debate within the public policy team; the main point of argument being what to include in our annual presentation. What would you like to see covered in "A Capitol Perspective: Total Rewards U.S. Legislative and Regulatory Update"?
The NYSE Euronext celebrated Financial Literacy Week with a week-long series of partnership events and bell ringing ceremonies globally that highlight initiatives to help improve consumers financial capability. Representatives from NYSE Euronext (NYX), WorldatWork, and other winners of the inaugural Workplace Leader in Financial Education (WLIFE) award helped ring the New York Stock Exchange Opening Bell on Monday, April 9th.
Using metrics and analytics to tie together a company's business amd benefits objectives is a journey, along a continuum, with organizations being at various stages of that path. When using metrics to achieve your company's business objectives, remember these three questions: What's up? So what? Now what?
We often talk about how total rewards programs can overlap and work together and, in doing so, actually create an opportunity to enhance the employer-employee value proposition. In some cases, though, this isn't the only accomplishment. With some programs, there's also an opportunity to do some good in the community.
Say on pay has had some positive effect, especially in getting company management and boards to engage more with their major shareholders. Arguably, though, their time is better spent by more directly trying to grow a sustainable and profitable enterprise.
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For inquiries, comments or complaints about WorldatWork employee blogs, please contact Kip Kipley at kip.kipley@worldatwork.org or 877-951-9191.
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