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HR.com Compensation eBulletin for the Week of June 21, 2010

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Dear HR Professional,


Do you receive a holiday cash bonus?  If so, consider yourself lucky! Check out the study that shows why 81% of companies are saying no.

The Payroll Options and Solutions VIEW virtual event is this Wednesday June 23rd. Take advantage of FREE registration to the event now!

Have something to share with your HR community. Visit http://tinyurl.com/ylxx6te and tell us about it!


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"The conventional view serves to protect us from the painful job of thinking."

~ John Kenneth Galbraith (1908 - 2006)

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- Direct Compensation Breakdown



Services Pay Increase Budgets Decrease in 2010
Although many economists have predicted the U.S. may see a very modest economic improvement in 2010, pay increase budgets have continued to decline over the past year. The newly released 2010 Compensation Data Services survey results show pay increase budgets have fallen to 2.2 percent, down from 2.5 percent in 2009.
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Holiday cash bonus? 81% of Companies Say No
Everyone appreciates a little appreciation at the endof the year. Historically, companies have shown their appreciation with holiday cash bonuses. However, a study released today by Hewitt Associates finds that 81% of companies are not offering holiday bonuses this year. One of the main reasons is that while employees appreciate a year-end holiday cash bonus; it’s the first thing to go in a tough economy.
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Bonuses ‘should be delayed for a decade’
Investment bankers should be forced to wait ten years to cash in their bonuses in full, under radical proposals tabled by a cross-party commission set up in the wake of the banking crisis.
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Save 5% by July 30! Sign Up Now Steps2Give European!

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Virtual HR Conferences


We invite you to attend one or more of the great conferences lined up for 2010. Watch live webcasts, earn credits, and browse virtual trade show booths. Registration is free for members.

Payroll Options and Solutions
- June 23, 2010.
Click here for more info.


Workforce Management - Why You Should Adopt It
- June 30, 2010.
Click here for more info.


Web 2.0 and the Staffing Process
- July 14, 2010.
Click here for more info.




For more Info on our upcoming virtual events, click here.


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It won't cost a penny for these thoughts ... enjoy these blog submissions currently featured on HR.com.

> How to Identify Your Personality, Strengths & Weaknesses in 15 Seconds and Make It Work For You

I bet you that in 15 seconds, I can read your personality and tell you what your skills, strengths and weaknesses are - and how to make it work for you in business. Once you're able to identify your own personality with an exercise I'm about to reveal, you'll be able to read your prospects', customers' and co-workers' personality and connect with them in a way you never thought possible.

Read all blogs:
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Sponsor
 

Sponsored by Virgin HealthMiles

Download the Virgin HealthMiles white paper “Insurance Alone Doesn’t Make for a Healthier America: The Role of Personal Responsibility in Health Reform”. You’ll discover how employers are taking a more proactive approach in encouraging personal responsibility on the part of employees to improve their health. With real-life organizations success stories, you’ll see how rewards-based programs can benefit your company and how to fund them at a net-zero impact to your budget.

 
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Maximizing Your Lump Sum Relocation Program
Is your organization considering adding tiered, lump sum or direct reimbursement options to its relocation program? Is your organization getting the most value from its current relocation program? During ...
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Date: June 22, 2010
Time: 11:00 - 12:00 PM ET



Trends and Forecasts from Salary.com's 2010 Economic Downturn Survey
In this session, Salary.com compensation expert Athar Siddiqee will review the results of Salary.com's 2010 Economic Downturn Survey, which focused on the ways in which HR practitioners are changing ...
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Date: July 7, 2010
Time: 3:00 - 4:00 PM ET




Future Webcasts | Past Webcasts | MP3 Downloads


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Participate in this week's research initiative to find out what your peers are doing. Please make sure that you're logged in.

Feature Polls and Surveys:

> Financial Advisement

> Pay For Performance

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> The Secrets of CEOs - Summary

Being a CEO is without a doubt a difficult job. Effective company leaders strive to deal with ever-changing business realities while attempting to find a work-life balance. Steve Tappin and Andrew Cave interviewed over 150 top chief executives in both the Western and developing worlds. In the book, The Secrets of CEOs, these CEOs explain in their own words what it is really like to be a business leader, how to win in the face of five evolving business trends, and how to become a future business leader.
Read more...


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