This week, the Compensation Daily Advisor discussed salaries, time and attendance automation, and employee perks. Here’s the Compensation Daily Advisor week in review.
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Get Your Report Now!Can You Terminate Those with the Highest Salaries?—While salary level may be a legitimate factor in determining which employees to lay off, it cannot be the determining factor if it adversely affects older workers, says attorney Robert Tinnin Jr.
‘Thinking About Retirement?’—Danger or Diligence?—Attorney Joan Farrell discusses the delicate issue of asking older employees directly about retirement plans.
Automation—Best of Breed Out, Integration In—Most companies started out their transition to HR automation by going “best of breed”; that is, finding the best time tracking system, the best payroll system, etcetera., but now that’s not the way to go, says Consultant Mollie Lombardi.
Time and Attendance Automation=Efficiency + Engagement—What can be gained with technology and integration? In a word, efficiency and productivity, says Jim Mansfield.
Perks—Do Yours Measure Up? Who’s Offering What?—Employment branding, “Best Place to Work,” retention and engagement—a lot of it comes down to perks. Will the perks you offer help recruit and retain the best and brightest? How do your perks stack up against the competition’s?
BLR’s Compensation Daily Advisor is a free daily source of compensation and benefits tips, news, and advice.