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November 4 - 10, 2007
Vol. 8  Issue
44

 

In This Issue ...

  • Workforce News of the Week

  • Feature: In Defense of CEO Pay

  • Feature: Open Enrollment: 7 Strategies for Success

  • Forum Post: Postings to Baghdad

  • Blogs: HR Still Doesn’t Get It
  • Feature: Cash-Balance Plans May Make a Comeback
  • Work Views: Résumés: Paper, Please

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Workforce News of the Week:

Amid Wildfires, Flex Is Key to Getting Workers Back on Job: The wildfires that ravaged San Diego County proved to be an opportunity and a test for employers competing to retain highly coveted technology workers.
Click to read more. >>>

Plans May Differ, but Politicians Push Health Care Overhaul: Speaking at a recent health care forum in New York, four senators and one congressman agreed that a change in the employer-sponsored health care system is needed, but they differed on the details.
Click to read more. >>>
WellPoint Joins With Zagat for Doctor Ratings: Beginning in January, 1 million of WellPoint’s 35 million members will be able to rate their doctors using a survey developed by Zagat, the company famous for its restaurant guides.
Click to read more. >>>
Kronos Acquires Deploy Solutions in Bid to Expand Services: In a move to establish itself as a dominant force in hourly staffing software, Kronos announces it is acquiring Deploy, a provider of selection and hiring software.
Click to read more. >>>
Workers Crave IRAs, Study Says
Click to read more. >>>

Chrysler to Cut Four Models, Up to 10,000 Hourly Jobs
Click to read more. >>>
Nardelli Wants to Offer Employee Stock Options; Chrysler Chairman Lauds UAW Contract Passage
Click to read more. >>>
Stacking Up the Talent Management Software Suites at HR Tech Show
Click to read more. >>>
HR Software Face-Off Reveals Latest Trends
Click to read more. >>>


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Quick Takes:
Women ‘Becoming Valued’ by Businesses, Think Tank Says

Click to read more. >>>

What a Waist: Employees Want Help Losing Weight
Click to read more. >>>

Black Gold, Golden Opportunities
Click to read more. >>>

Nurses Are Least Satisfied Health Care Workers
Click to read more. >>>

5 Questions
Feature: In Defense of CEO Pay

In a new book, Watson Wyatt executive compensation consultants Ira Kay and Steve Van Putten argue that heightened interest--and outrage--over high executive pay is unfounded.

Read more about CEO pay. >>>

Also:
Companies Using Compensation Consultants Pay CEOs More With No Shareholder Benefit >>>
SEC Has Yet to Deliver Its Final Say on Executive Pay >>>
New Proxy Disclosure Rules Enhance the Pay Role of HR >>>

Benefits season
Open Enrollment: 7 Strategies for Success

Open enrollment is an opportunity to showcase for workers how well the company is taking care of them, according to benefits and health care experts. And it's an opportune time not only to educate workers about how to choose coverage wisely, but also to be sure that they know doing so can preserve their health and perhaps save them (and the company) money.

Read more about strategies for open enrollment season. >>>

Also:

5 Tips for Surviving Open Enrollment >>>
Auditing for the Ineligibles >>>
9 Critical Trends in Benefits>>>
How to Make the Right Voluntary Benefit Choices >>>


Discussion
Postings to Baghdad

Posted in the General Forum:
A reader writes: “I was wondering about the issues thrown up by the latest directive from the diplomatic service which 'insists' that employees be posted to the U.S. Embassy in Baghdad. Can one refuse? Can one be terminated for refusing?”
Join the discussion >>>


Blogs: The Business of Management
Survey Says: HR Still Doesn’t Get It

If I were an HR professional, I’d get awfully tired of feeling like a punching bag. Year after year, almost without exception, research and surveys come forth that show the shortcomings of the human resources profession.
Read the Business of Management blog. >>>
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Contributing blogger
The HR Capitalist
Would Your Company Trade for Kobe Bryant?
Do you like spending a large portion of your comp budget on the best player available, or would you rather have strength at all positions and spread the money around?
Read the HR Capitalist blog>>>
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Workforce Washington
Ways & Means Takes a More Reserved Approach to 401(k) Fees
Read Workforce Washington. >>>
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Global Work Watch
Art Work
Read Global Work Watch. >>>
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Retirement benefits
Feature: Cash-Balance Plans May Make a Comeback

Two years ago, the phrase “cash-balance plan” sent shivers down the spines of benefit managers. In fact, about the only time the term came up was when executives discussed how to get out of the plans. But now, thanks to the Pension Protection Act and a key court decision favoring cash-balance plans, which are a hybrid of defined-benefit and defined-contribution plans, a number of large organizations are considering them as part of their benefit packages.

Read more about the possible resurgence of cash-balance retirement plans. >>>

Also:
Accounting Rules May Put Pensions on Ice >>>
Firms Gauging Impact of Pension Reform Law >>>
IBM Strives for the Security of Defined-Benefit Programs as It Shifts Focus to 401(k)s >>>
 

The Last Word
Résumés: Paper Please

I’m a big fan of technology, but at this time, the pitfalls of video résumés outweigh the benefits.
Read more of John Sullivan’s views on video résumés.
>>>

Also:
Video Résumés: Hot or Not? >>>
When HR Becomes CSI >>>
Not All Turnover Is Equal
>>>
A Step Ahead of Trouble
>>>




 

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