Employers to get about $920M in rebates from health insurers | New age of talent management requires updated HR strategies | For creative workers, the writing may be on the walls
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April 27, 2012
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Top Story
Employers to get about $920M in rebates from health insurers
An analysis by the Kaiser Family Foundation finds that employers will receive about $920 million in rebates from insurers. The rebates were prompted by a provision of the federal health care law that says insurers must offer refunds if they don't spend a certain percentage of the premiums they collect on medical expenses and quality-improvement efforts. The rebates are expected to be sent by August. The Wall Street Journal (tiered subscription model) (4/26)
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Recruiting & Retention
New age of talent management requires updated HR strategies
Human resources professionals need to adopt talent-management processes that are based on change instead of stability, writes Edward Lawler III of the University of Southern California. They should stop focusing on retention and instead develop compensation models that encourage employees to learn new skills, Lawler argues. "Overall, the future belongs to organizations that can manage a flexible, motivated work force," he writes. Forbes (4/26)
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For creative workers, the writing may be on the walls
Companies are filling their workplaces with whiteboards, chalkboard-painted walls, writeable glass and tables covered in dry-erase materials. The hope is that allowing workers to scribble on the walls and furniture will facilitate the genesis and sharing of new ideas. The Wall Street Journal (tiered subscription model) (4/24)
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Benefits & Compensation
Recession brought down young workers' pay, researcher says
One of the lingering effects of the recession is that a greater percentage of income goes toward company profits, not employee compensation, says Gad Levanon of The Conference Board, which compared wages before and after the recession. New graduates have been particularly affected by this trend, as median starting pay for new grads is well below what it was before the recession, Levanon says. The Wall Street Journal (tiered subscription model)/Real Time Economics blog (4/26)
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How to use social media to educate workers about benefits
Companies can use social media to maintain a conversation with employees about their benefits, Jennifer Benz writes. For instance, blogs can be used to post benefits updates or messages from company leaders, and social networks can help with on-boarding new employees and setting up wellness events, Benz writes. TLNT.com (4/26)
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Other News
Regulatory & Legal Update
Judge blocks mandatory drug testing for state workers in Fla.
A federal judge ruled Thursday that an executive order to establish mandatory drug tests for Florida state workers is unconstitutional. The judge said the order violated search-and-seizure protections, and that Gov. Rick Scott had not demonstrated sufficient evidence of a drug-use problem at state agencies. Scott said in a statement that the decision will be appealed. Los Angeles Times (tiered subscription model)/Nation Now (4/26)
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Business Tips and Advice
Sponsored Content from American Express
The HR Leader
3 ways to help your organization soar to success
Leaders need three things to keep their organization flying high, says Craig Fuller, CEO of the Aircraft Owners and Pilots Association. First, develop a clear strategy; next, recruit the best people you can find; and finally, make sure that you have the right people in the right roles. "Get these things right, and success will follow," Fuller promises. SmartBrief/SmartBlog on Leadership (4/25)
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Workplace Chatter
Post-Soviet "skywalker" is on top of the world
A young Muscovite named Marat Dupri -- the "skywalker" -- has found fame by dodging police and security guards to free-climb his city's skyscrapers, statues and industrial installations. Dupri always takes a camera along on his expeditions, resulting in some stomach-churning photos of his high-altitude exploits. Spiegel Online (Germany) (4/25)
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SmartQuote
Ideas are like rabbits. You get a couple and learn how to handle them, and pretty soon you have a dozen."
-- John Steinbeck,
American writer
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