Recruiting & Personnel

Magazine articles on recruiting and retaining employees, benefit plans, and compensation.

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Registered Rep. February 9, 2006 John Churchill	Pro Or Hourly Wage Earner? UBS Pays $89 Million to Settle Overtime Suits The settlement resolves claims that UBS incorrectly classified financial advisors and financial advisor trainees as exempt from overtime pay under federal and U.S. state laws.
Registered Rep. February 8, 2006 Kevin Burke	Merrill Brokers to Get Less Money Now, More Later--If They Stay Merrill Lynch has changed the way it pays its brokers to include more deferred compensation and less cash. The new package rewards brokers who stay a long time, while penalizing those that don't. Its aim is reducing turnover, but may also improve the firm's earnings.
Registered Rep. February 1, 2006 Anne Field	Hire Right Hiring employees at financial firms is a tough task no matter how much help an employer has. But, say advocates of testing, which is a $400 million business, finding good people who'll stay can be made a lot easier using a personality test.
CRM February 1, 2006	Secret of My Success: Getting Call Center Ducks in a Row A large insurance provider turns to a state government and a local college to train agents before they come to the call center.
Financial Planning February 1, 2006 David J. Drucker	Outsourcing HR Financial advisory firms are growing and staffs are burgeoning. Now there's a way to buy out of your personnel headaches: professional employer organizations (PEOs).
Financial Advisor February 2006 David J. Drucker	An Index For Team-Building Here's a tool that may help your new employees fit with your old ones.
Financial Advisor February 2006 Bruce W. Fraser	Outsourcing: Does It Help? As financial planning becomes more comprehensive and demands from clients grow, more financial advisors are creating virtual office practices by outsourcing tasks they used to do themselves.
Managed Care January 2006 John A. Marcille	Will Tinkering With Premiums Make Beneficiaries Happier? Some companies in the Philadelphia area have begun to link how much an employee contributes to the benefits package to how much an employee takes home.
Managed Care January 2006 John Carroll	It's To Plans' Benefit To Spell Out Authority Claims administrators have been put on notice by the Seventh U.S. Circuit Court of Appeals that employee benefit plans will need to spell out in precise detail their prerogative in making benefit decisions - or risk losing it.
Managed Care January 2006	Videos of Actual Surgeries May Give Patients Pause Graphic Surgery and WorldDoc claim that companies will save as a result of employees adjusting their lifestyles because of watching videos of actual surgeries.
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