Adapting Compensation Strategy in an Economic Crisis
As we weather the impact to the global economy, significant disruption to business and weakening of many sectors, one thing is sure: businesses still need to retain key talent – not just the top performers, but workers who perform critical jobs.
Developing a Strategy for Moving from Pension to 401(k) Benefits
Budgeting for next year’s cost of employer-provided benefits can seem daunting, especially when an organization sponsors both a defined benefit pension plan and a 401(k) defined contribution plan. Is it time to consider moving away from the defined benefit pension plan to avoid the volatility and risk?
Compensation and Retention Strategies for Healthcare Executives
To thrive today, healthcare organizations must provide competitive compensation and implement short and long-term strategies to recruit and retain talented executives.
Across the country, states are easing coronavirus-related restrictions, and now hosts of new workplace issues are emerging – along with the over-arching question of what the work environment will look like as businesses strive to protect the health of employees and customers.
When Duty Calls Your Employees: USERRA and COVID-19
As companies across the country continue to adapt their operations to respond to the COVID-19 pandemic, nearly one million employees may be pulled from their employers to serve the federal government in its efforts to battle the disease.
Managing your Sales Incentive Plans through a Global Crisis
The impact and magnitude of the coronavirus crisis on the economy has created great uncertainty. A question many companies are struggling with today is how to handle their sales force, especially since the majority of these employees earn their living through incentives and commissions.
Will the COVID-19 Pandemic Give Employee eLearning a Boost?
As organizations adjust to a new normal caused by the COVID-19 pandemic, a spotlight is shining on the benefits of eLearning and online training for employees.
Coronavirus Crisis Workforce Reduction Can Adversely Affect Retirement Programs
Many organizations face several unprecedented, difficult decisions surrounding their workforce, including payroll-reducing strategies that may present costs or hurdles in the company’s pension, retiree medical, and retiree life insurance programs
More than ever, every company needs to assess their short-term and long-term plans for retaining key employees and maintaining the necessary talent base to weather the crisis
Rethinking Human Capital Workforce Planning Post Pandemic
Workforce planning will be a critical area of concentration for businesses as employees return to work. However, workforce planning at this time likely will be different than in past periods of economic downturn as the current focus of the activity will be short-term.
This is published by Findley to provide general information about recent developments and current topics in employee benefits and HR. The information provided is a summary and should not be relied upon in lieu of the full text of a particular law, regulation, notice, opinion, legislative proposal or other pertinent information, and the advice of your legal counsel. Findley does not practice law or accounting, and this publication is not legal or tax advice. Legal issues should be discussed with your legal counsel.
