Published on Business Finance (http://businessfinancemag.com)
A Look Ahead to the Coming Year
by Joanne Sammer
01/03/2012 - 12:22
Excerpts:
For CFOs, the coming year is full of critical HR-related issues that will demand their attention... three key issues loom particularly large for many companies.
1. Health care reform's witching hour.. With less than 24 months before the law's key provisions take hold—mandated individual coverage, the advent of the state health insurance exchanges, and, most importantly, the all-important “play-or-pay” decision of whether to continue offering employees health insurance (play) or accept the financial penalties under the law (pay)
2. Productivity and incentives. Coming out of a difficult economic environment, companies are still getting their bearings when it comes to employee pay and maximizing productivity. With less money to go around, companies have faced the difficult challenge of allocating enough money to keep their stars happy without alienating the rest of the workforce.
3. Finding and keeping talent. Companies are worried about keeping their current roster of stars and promising employees with critical skills happy, while also burnishing their reputation as a good place to work for new talent.
Access Article: http://businessfinancemag.com/article/look-ahead-coming-year-0103
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