Posts Tagged ‘Compdata Surveys’
Going Beyond the Norm: Some Companies Offering Paid Time-Off for Special Circumstances
Kansas City, Kan.— It’s no secret companies are still recovering from the recession and as a result, employees are putting in longer hours. Some companies, however, are offering additional paid time-off for special circumstances that arise, which may help employees maintain their work-life balance. The Benefits USA 2011/2012 survey results found 33.3 percent of companies…
Read MoreEven as Economy Improves, Post-Employment Practices Important to Employers
Kansas City, Kan. – The Bureau of Labor Statistics recently reported the national unemployment rate dropped to 8.5 percent in December 2011, the lowest it’s been in nearly three years. Although the rate of unemployment continues to slowly trend downward, it remains important for employers to have a defined set of post-employment practices in place.…
Read MoreFewer Companies Offering Perks and Incentives to CEOs
Kansas City, Kan. – Executive compensation packages are being dissected under a microscope these days and companies are finding it more difficult to offer perquisites and incentives to their companies’ leaders, without facing backlash from the public. The Executive Compensation 2011/2012 survey results found the number of companies offering perquisites to CEOs has fallen from…
Read MoreRetiree Health Benefits Causing Financial Strain on Employers
Kansas City, Kan.— It’s no surprise that companies have struggled over the past few years to provide the level of benefit coverage they were offering their employees five years ago. One of the most expensive components of some organizations’ benefits plan is the offering of health coverage to retirees. The Benefits USA 2011/2012 survey results…
Read MorePay Range Adjustments Slowly Trending Upward
Kansas City, Kan. — When it comes to employee pay, it’s no surprise that establishing pay ranges for certain jobs is the most effective strategy to ensuring employees earn a competitive wage, without overcompensating them. The BenchmarkPro 2011 survey results found 79.5 percent of companies have formal pay structures with pay ranges. The average pay…
Read MoreComprehensive Benefits Plans Key to Building a Strong Workforce
Kansas City, Kan.— It’s no surprise that having a well-rounded compensation plan in place is key for employers looking to amp up their workforce. As such, offering medical insurance benefits and paid time-off is often simply not enough. The Benefits USA 2011/2012 survey results found employers are offering a myriad of benefits to keep their…
Read MoreTurnover Rates Dip as Recruiting Rebounds
Kansas City, Kan. — Economists have made no secret of the fact that it will be several years until the United States returns to a healthy unemployment rate of less than six percent. As uncertainty continues to linger in the workforce, turnover rates have continued to slowly decline. The 2011 BenchmarkPro survey results found companies…
Read MoreWorkers Rely on Tuition Reimbursement Programs to Alleviate Education Costs
Kansas City, Kan.— The cost of receiving a college education is escalating and because the out of pocket burden of such an expense is too much for most individuals to afford, alternative sources of capital are often sought to fund educational endeavors. For adults in the workforce looking to return to school, some of that…
Read MoreReward Systems Integral Part of Compensation Planning
The newly released 2011 BenchmarkPro survey results found 70 percent of employers offer bonuses as a reward to employees. FOR IMMEDIATE RELEASE October 11, 2011 For more information, contact: Michelle Willis (800) 300-9570 mwillis@compdatasurveys.com Reward Systems Integral Part of Compensation Planning Kansas City, Kan. – Rewarding employees for their contributions to a company is nothing…
Read MoreExecutive Salaries are Creeping Back Up
Kansas City, Kan. — With protestors marching on Wall Street and the gap between the upper and middle class rapidly increasing, executive salaries continue to be a point of consternation for most Americans. Although most executives were not immune to the effects of the sluggish economic climate, salaries for many executives are now trending back…
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