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Recognition & Rewards

Social responsibility drives Calvert Group benefits

01/01/2008

The Calvert Group encourages people to invest the minute they’re born. The mutual fund company gives employees who become moms and dads a $1,000 baby bonus to invest in a Calvert account. “It certainly makes sense given what we do as a company,” says Kathy Torrence, VP of corporate social responsibility …

Tar Heel tickets a political football for Edwards’ campaign

01/01/2008

When Democratic presidential candidate Sen. John Edwards returned to the University of North Carolina (UNC) to establish a poverty think tank in 2005, his salary was a matter of public record. But what the press really wanted to know was how many Tar Heel athletics tickets did he try to get? …

DeWeese’s ‘Tuesday massacre’ has Democrats cringing

01/01/2008
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Clear policies provide a road map for company cars

11/01/2007

Employees love company cars, especially if they frequently drive to client sites and are allowed to drive the cars home. Whether your organization supplies the sought-after sedans to staffers who drive around for business—such as sales reps and IT repair techs—or as a perk for valued employees, the road will be smoother if you set down clear policies in writing …

How to make reward and recognition programs fun

11/01/2007

The problem with standardized reward and recognition programs is that they are completely impersonal processes. Instead of thinking about the specific people involved, the company provides the same generic awards to everyone. But when an element of fun and play is added, the experience becomes personalized and much more memorable for the award recipient, without additional financial expense …

$100,000 day at Hershey Park: Employee appreciation or excess?

11/01/2007

Preliminary figures from a state audit of the Pennsylvania Higher Education Assistance Agency (PHEAA) revealed extravagant expenditures by the agency, including a $108,000 employee appreciation day at Hershey Park just a month after PHEAA promised to curb spending …

Attract and keep great employees with these 5 ‘Best practices’ benefits

10/23/2007

As the HR profession celebrates National Work and Family Month—you knew October was National Work and Family Month, didn’t you?—it’s time to stock up on innovative benefits ideas from U.S. employers. From wellness incentives to “future leave,” these best practices help attract and retain great workers …

Try these top 5 low or no-Cost benefits

10/16/2007

The unemployment rate is down again, and employees are saying they want more money to stay put. Maybe it’s time to brush off some of the low- or no-cost benefits we used back in the late 1990s to attract and keep good employees.

Pay raises to stay flat in ’08 while bonus plans take off

10/01/2007

If you’re holding the line on pay raises, you’re in good company. Three new surveys agree that most employers will raise salaries between 3.8% and 3.9% for the second year in a row in 2008, halting a steady upward trend in pay raises that began in 2004 …

Raises to remain flat in ’08, but bonuses gain favor

08/21/2007

A trio of closely watched national salary surveys say that employers plan to dole out annual pay raises of about 3.8% in 2008. The biggest trend: Employers are devoting an increasing amount of their salary budgets to bonuses. Here’s how to keep your bonus programs fair and legal…