Cowden View

Communicating Force Reduction

Perhaps the hardest thing for any management team to do is to take a hard look at the economic realities of their business and decide how to bring the company’s workforce in line with revenue. This is a difficult process, and it creates stress for everyone involved.When your company must conduct a reduction in force,

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Identifying Leaders and Top Performers Among Your Employees

Every employer wants to have a workforce of smart, dedicated employees who give their all for the company. But the truth is, some workers offer more, work harder, and excel beyond their peers. They may achieve this through natural talent or plain hard work, but there are some traits that all top performers share. If

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Complying with Pay Equity Law

The Equal Pay Act was signed into law by President John F. Kennedy on June 10, 1963. Kennedy remarked in his speech upon signing the Act that the average woman earned only 60% of the average of a man. Even though that was more than 50 years ago, companies still have trouble complying with the

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Calculating Employee Lifetime Value

Your company’s talent are perhaps its most important and most valuable assets.  Of course, you want to hire the best candidates and train them so that they eventually become even more valuable to your business. But, you can also improve retention by investing in your workers’ well-being, with compensation, as well as health, and retirement

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Faster, Better: Efficiency Through Technology

Throughout human history, people have used innovative tools to make things that were once difficult and complicated easier and simpler. Languages, the printing press, computers, and networks: all were created to make it easier to share, store, and recall information. Today, with so much of our daily business based on managing ever larger amounts of

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Implementing a Compensation Strategy to Attract Top Talent

A job is more than just a paycheck. While the salary range on the job listing will draw a job seeker’s attention, today’s workers are looking for more than just base pay. Insurance, paid time off, retirement: these are things that the top talents want more than a little extra money. Having a diverse compensation

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Why You Need Compensation Benchmarks

When you are looking to hire new talent for an open position, how do you determine the right compensation for the job? Obviously, you must set it within a range that works with your budget. But how do you know if you’re spending too much or offering so little that the best applicants won’t even

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Promoting a Wellness Program to Address Rising Health Plan Costs

While you may not be able to stop health costs from rising, there are ways savvy employers can avoid spending more on health care for their employees. Instead of addressing and paying for health care when expensive problems arise, you and your employees can get ahead with preventative health care programs or strategies. By implementing

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Breathe Easier: Help Your Employees Quit Smoking

The modern American workplace is home to a curious ritual: the smoke break. Is there any other habit that employers indulge that lowers productivity and endangers health more than tobacco use? Smoking costs more than $300 billion each year in the United States. Much of that cost comes in the form of higher medical bills.

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Spectrum of Pension Risk Management Options

One of the most important parts of a compensation strategy are retirement benefits. Your employees want to know that they’ll be financially secure when they stop working. Offering competitive retirement benefits allows your employees to focus on their work and productivity without worrying about the future. With an effective retirement strategy, you can draw in

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