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January 12, 2012
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News for the HR Professional

  Top Story 
  • W-2 change offers a chance to educate employees about benefits
    Now is the time for employers to start collecting data on the value of their employees' health benefits. Companies will need to include the numbers on their workers' W-2 forms beginning in 2013. The change is designed to give employees more information about the value of their company's health coverage. The disclosure also will provide a starting point for educating workers on the full value of their benefits, including retirement plans and other perks. Business Finance (1/9) LinkedInFacebookTwitterEmail this Story
  Total Rewards Update 
  • New compensation models arise for on-call physicians
    Hospitals are looking reduce the costs of employing on-call physicians by experimenting with compensation agreements that, for instance, establish minimum uncompensated call coverage, according to a report from Integrated HealthCare Strategies. To avoid regulatory scrutiny, hospitals need to continue offering pay that matches fair market value, said physician services executive Mary Heymans. (1/10) LinkedInFacebookTwitterEmail this Story
  • Other News
  Government & Policy 
  • Employers should prep for federal focus on worker classification
    Companies concerned that they might have misclassified workers should take advantage of the Voluntary Classification Settlement Program, which offers employers reduced tax penalties and a chance to reclassify workers, Stephanie R. Thomas writes. With the increased emphasis by the Labor Department and the Internal Revenue Service on rooting out violators of worker-classification regulations, it's a good idea to "proactively address the issue," Thomas writes. Compensation Cafe blog (1/3) LinkedInFacebookTwitterEmail this Story
  • Obama announces summer-job program for young workers
    President Barack Obama said his Summer Jobs Plus program seeks to create 250,000 jobs for young people. "A summer job isn't just a paycheck for a young person -- it's a chance to learn skills that are crucial to their professional development," said Michael Saltsman of the Employment Policies Institute. Obama asked businesses to hire teenagers and help them learn work skills. (1/5) LinkedInFacebookTwitterEmail this Story
  • Other News
  The Workplace 
  • Aging workforce means companies need to adapt, experts say
    Companies are finding that older workers can be valuable assets, and are looking for ways to accommodate their health needs, experts say. For example, CVS Caremark reportedly has found that its customers prefer to get the advice of older pharmacists, and it has launched a "snowbird" program that allows older employees to work in warmer climates for the winter and head north during the summer. the Future blog (1/9) LinkedInFacebookTwitterEmail this Story
  • Other News
Each morning when I open my eyes I say to myself: I, not events, have the power to make me happy or unhappy today."
--Groucho Marx,
American comedian

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