“Healthcare costs continue to rise.” This is true not only for individuals but also for companies, whose employees’ well-being directly impacts productivity, output, and cost.
Everyday there is a risk of an accident happening or an employee getting sick. Hence, the need for insurance. Workers Compensation Insurance (WCI) and Employee Benefits (EB). But what if we can reduce that risk? Reducing risk translates to lower cost and a better RoI.
The question then is – how do we reduce that risk? Continue reading
One in four workers plan to quit their jobs in 2014, according to a survey by Career Builder. Is your company vulnerable? Continue reading
Medical coverage has been a standard benefit offering by most large companies, as far as I recall, but this is quickly changing. Only one in four large companies recently surveyed by Towers Watson and the National Business Group on Health is confident it will provide medical coverage in a decade. That’s 1 in 4…25%. Three years ago (2010) the number was 38%, down from 73% in 2007. Continue reading
I recently attended an HR presentation delivered by Selina Wong from the Department of Fair Employment and Housing (DFEH).
In the state of California, about 20,000 of these cases are filed per year, with about half of them having to do with employment terminations. The most common causes of discrimination filings have to do with disability or retaliatory moves on the part of the employer. Continue reading
If employers drop medical insurance coverage on 12/31/2013, then their employees will become eligible for the highly subsidized Obamacare. Will employees be better off receiving Obamacare subsidies than if they stayed with their company health plan contributions? The answer is yes in some cases. Continue reading
Having worked in the HR field for 34 years, I enjoy observing HR trends. The trends always move in a spiral pattern. So, what is being presented as new today actually has elements of what was popular in the past. Let me share some memories of what was popular in the past in the area of performance appraisal and then describe the latest trend of today. Continue reading
The next Obamacare implementation step is distributing notices to employees of the existence of the new Health Insurance Marketplace (coming January 1, 2014). The notice must be given no later than October 1, 2013 and within 14 days of hiring a new employee. This notice is not simple! Continue reading
GINA (Genetic Information Nondiscrimination Act – passed in 2008) prohibits discrimination against employees based on genetic information. But only recently has the EEOC filed its first class action lawsuit under GINA, making it apparent how GINA can affect day-to-day HR practices. Continue reading
About 13 years ago I wrote an article on Corporate Culture. That article has had well over 100,000 page views. Lately new articles on corporate culture are appearing, two of which are described below. So, what has changed? Continue reading