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Findley Davies' Best Practices for HR - Release #4
CLEVELAND, Nov. 20 /PRNewswire/ -- Throughout 2009, Findley Davies has released information on Best Practices to help organizations survive the recession. We look at the long road to recovery as an opportunity to implement new ways of thinking and doing business.
Best Practices for HR are critical for success, regardless of the state of the economy. Findley Davies has updated existing Best Practices and recommended new Best Practices for consideration. Visit Findley Davies' website (www.findleydavies.com) to access the supporting materials.
Updated Best Practice #1 - Develop a Compliance Checklist and Monitor Changes in Legislation
Compliance issues and legislative updates continue to be of extreme importance. As we await decisions on the national health care overhaul, other regulations must not be overlooked. Health and group benefits have been affected by many of these new regulations. Staying current with these legislative changes will help you mitigate the risk your organization faces:
- American Recovery and Reinvestment Act Changes to HIPAA Rules - Bruce Davis
- GINA Updates: DOL and HHS Rules Impact Health Risk Assessments - Bruce Davis
- Health Benefits Excise Tax Calculator - Tod Tillman
Here are additional legislative updates to keep in mind as you prepare for 2010:
- Intermediate Sanctions (Client Advisory Bulletin) - Hunter Guice
- Compensation Related Proxy Disclosure Enhancements - Eric Chapman
- Employee Benefit Plan Limits for 2010 - Scott Hamner
Updated Best Practice #6 - Design a Senior Leadership Communication Strategy
Employers have responded to squeezed budgets differently, depending on their needs and objectives. The following materials provide insight on some employee communication options:
- Retirement Communications - Kimberlie England
- Acquisition Analysis and Communications - Kimberlie England
In addition, workforce health and safety has been a key issue with flu season in full swing. Communicating healthy guidelines and your organization's policies can promote safety and prevent the spread of illness:
- Safety Communications - Carrie Alexander
- Is Your Organization Ready for the H1N1 Virus? - Denise Reynolds
New Best Practice #10 - Evaluate Compensation, Benefits, and Perquisite Programs to Determine Their Value in Recruiting, Motivating, and Retaining Productive Employees
As the economy improves and companies start hiring again, organizations must consider their own workforce and develop ways to retain their key employees:
- Dental Benefits Paradigm Shift - Tod Tillman
- Long-Term Incentive Plan Design and Implementation - Hank Federal
- Benefits Toolkit: Online Decision Support Tool - Tedd Long
New Best Practice #11 - Identify High Risk, Low Reward Processes and Evaluate Resources That Can Be Streamlined and Standardized to Maximize HR Effectiveness
While investments in HR technology may seem like a challenge right now, there are tools and resources available that can positively affect your bottom line. Below are case studies that describe some of the many tools Findley Davies has created for our clients:
- Human Resources Cost-Benefit Analysis and Vendor Selection - Carrie Alexander
- Impetro.com: Supplier Selection - Tedd Long
- MyShiftPlus: Shift Bidding and Scheduling System - Tedd Long
Learn more about Findley Davies and Best Practices for HR at www.findleydavies.com.
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