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January 19, 2015
Compensation Daily Advisor Week in Review - January 5 to January 9

This week's Compensation Daily Advisor covers the basics of finance, funding for comp plans, wellness plans, and finding time to think.

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The Basics of Finance-Speak
To implement an effective compensation and benefits program, you need to speak the language of the CFO, and it can be daunting. Perceptions sometimes block understanding, says Clare Novak, president of Novak and Associates. We think “I can’t do this” or “This is boring,” and we get in our own way. But you can do it.

Finances and Funding—Fit Yourself into the Picture
In yesterday’s Advisor, Clare Novak gave tips on understanding the basics of finance; today, how HR relates to this side of your business and some advice on how to turn financial know-how into funding for your comp plan.

Should Wellness Dollars Go to Disease and Lifestyle Management?
In most employee groups, a small number of employees with serious diseases accounts for a large share of healthcare costs. Disease management programs can help.

What’s Working in Wellness—Current Trends
Yesterday’s Advisor featured consultant Karl Ahlrichs’ tips for big savings with disease management programs. Today, he shares more on successful wellness programs.

Don’t Forget to Find Some Quiet Time This Yea
You don’t spend nearly enough time simply thinking. Before you take offense to that statement, consider how much time you spend talking, responding to e-mail, even reading—my guess is that you spend more time doing any one of them than you do thinking.

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