I enjoy the Liberty Mutual Insurance advertisements! They have a simple but understandable message which essentially says, “When purchasing insurance, pay only for what you need”. And they say it over and over again and again and again and again… This is not an article about buying insurance; it’s about selecting the best compensation plan…
Another Way to Look at Compensation
Compensation is more than merely wage for work performed. While $$$ to pay the bills is important, an equally important element of compensation is job fulfillment. A few years back, I (Doris) had a memorable conversation with one of the housekeeping staff at the University of Missouri Hospital and Clinics. “Anna” is always smiling. “Anna” loves…
Employee Relations – Inspiring Loyalty
Employees don’t leave organizations; they leave managers. I want to talk about the foundations of loyalty… But first I want to say that inspiring loyalty takes more than being nice to employees… It takes more than paying premium salaries to employees… It takes more than providing excellent benefits and bonuses and special parking and paid…
How to Shrink Your Retail Business
Family-owned consignment business owners often think they’re under the radar. All can be well and good until that business success runs sideways with Uncle Sam. Ask Rhea Riner, who’s been fighting U.S. Dept of Labor laws since 2013 for the ability to keep part of her successful business model. What did she do that’s so…
New DOL Overtime Rule, Salary Threshold Increase
Just a note that, as of 11/22/16, the Federal Court has blocked the Overtime Rule. We firmly believe, even more now than ever, in the importance of understanding and applying overtime rules. This article will be updated! – Doris 11/23/16. Yesterday,(May 18, 2016) the Department of Labor issued a new rule that updates the regulations determining…