6 Post-Election Workplace Issues You Need to Know

The national election results suggest that the overall political landscape will remain largely unchanged in Washington, for at least the next two years until the 2014 midterm election. As a result, HR professionals should expect similar legal trends to persist at the federal level, with President Obama and split control of Congress between the Republicans and Democrats. Here are six (6) workplace issues you need to know:

Read this article...

Non-Profits Offering Paid-Time-Off Banks

According to the 2012 ERC Non-Profit Benefits Survey, the non-profit sector in Northeast Ohio appears to be a bit ahead of the curve in terms structuring the paid time off offered to employees. The more flexible, all inclusive, “paid-time-off” or “PTO” banks are being used by 45% of the non-profit respondents, while other ERC surveys from earlier in 2012 have reported numbers closer to 30% or even lower. Although there is some variability in the samples from year to year, the Non-Profit Benefits survey shows a clear trend with the use of PTO banks hovering just under the 50% mark from 2009-2012.

Read this article...

Non-Profit Salary and Benefits Data Published

In collaboration with United Way of Greater Cleveland, ERC is pleased to announce the publication of the 2012 Non-Profit and Health & Human Services Compensation and Benefits survey results. By drawing upon both United Way’s strength as a preeminent organization in the non-profit community as well as ERC’s reputation as Northeast Ohio’s leading publisher of local workplace information and salary data, these surveys provide current and reliable compensation and benefits benchmarks to non-profits across the region.

Read this article...

National, Local Health Insurance Premiums Increase

In a report published jointly by The Kaiser Family Foundation and The Health Research & Educational Trust in October of 2012, organizations were asked about a number of practices and metrics related to employer provided health benefits. Participants indicated that their health insurance premiums for 2012 increased by approximately 4% nationally over 2011. More specifically, single coverage cost 3% more than in 2011 and family coverage cost 4% more. The report, 2012 Annual Employer Health Benefits Survey, notes that differences based on company size and geography have the most significant variation in the health insurance premiums reported.

Read this article...

3 Reasons You're Losing Employees Because of Pay

In this article, we explore three current and critical compensation problems that cause employers to lose talented employees. These issues include low salary increases, lack of differentiation in pay by performance, and difficulties finding the actual "going rate" for jobs.

Read this article...

Where Do Pay Adjustments Come From?

As reported in Crain’s Cleveland Business in September of 2012, Northeast Ohio employers both gave and are projecting giving an average of a 3% increase across all job categories in 2012 and 2013, respectively. But how are these increases determined and what do they mean in terms of an overall investment by the organizations offering raises?

While the ERC Salary & Wage Adjustment Survey itself does not report on these specifics, it does specify that that this 3% increase accounts for any pay adjustment given during a 12 month period and could include any adjustments from general across-the-board or cost-of-living adjustments to merit based raises. Some additional insights can be drawn from another ERC survey published in early summer of 2012, i.e., the 2012 Pay Adjustment & Incentives Practices Survey. According to this survey, merit based increases are by far the most common method of determining increases here in Northeast Ohio, approximately 80% of respondents. Of those organizations providing merit based increases, a wide majority do so on an annual basis regardless of organizational size or industry type. Interestingly, cost-of-living raises were the least popular type of adjustment, coming in at just under 7%.

Based on ERC’s historical data trends for the Pay Adjustment & Incentive Practices survey, this strong preference for merit based pay adjustments is far from surprising. However, a steady decrease in cost-of-living pay adjustments over the past several years accompanied by a corresponding increase in the frequency of merit-based raises offers a clear illustration of the continued move towards pay-for-performance.

View ERC's Wage & Salary Adjustment Survey Results

The survey reports data from Northeast Ohio organizations regarding their actual and projected wage and salary adjustments.

View the Results

2012/2013 Salary & Benefits Budgeting Guide

We’ve compiled a brief compensation and benefits budgeting guide to help your organization make important pay and health care decisions for fall 2012. The guide summarizes the latest and most important trends as of September, 2012 related to administering compensation and health care benefits, which affect your organization as it plans for 2013. 

Read this article...

Raises Hit 3%, Projections Remain Strong

In an economy fraught with ongoing uncertainty, Northeast Ohio employers hit a once seemingly insignificant milestone in terms of salary and wage adjustments for 2012 and 2013, 3% raises. The overall average actual and projected raises reported in ERC’s annual Wage and Salary Adjustment Survey both hit 3%, the first time both figures have reached the 3% mark together since 2008. Further optimism for 2012 can be found in projections for 2013, which indicate that of those organizations projecting raises for 2013, more than half are predicting at least 3% raises.

Read this article...

Receive email updates

Never miss an update. Sign up to receive weekly emails with our latest posts.

Subscribe

RSS Feed

Recent Posts

Tag Cloud

See all