A new survey confirms there are major changes afoot in severance and separation benefits that will dramatically impact employer brand and talent management.
Category: Compensation Planning
Planning compensation packages, strategies, and frequencies require the latest information in compensation trends and practices. That is what this topic is all about.
Following the lead of several other courts of appeals and the long-held position of the U.S. Department of Labor (DOL), the U.S. 9th Circuit Court of Appeals—which covers Alaska, Arizona, California, Hawaii, Idaho, Montana, Nevada, Oregon, and Washington—recently concluded that minimum wage compliance under the Fair Labor Standards Act (FLSA) is determined by dividing the […]
With government shutdowns periodically looming, hundreds of thousands of federal employees face losing work time and pay. When Congress fails to appropriate funds during the budget process, nonessential federal programs and agencies close and many workers are furloughed. In such a situation, there are a number of different pay scenarios and categories of employees.
Many job postings close with a statement indicating salary is negotiable, but how often do job seekers speak up to secure a better package?
The recent economic boost has given employers the opportunity to invest in their workforce and take actionable measures to correct pay inequities to remain competitive, finds Randstad US.
A recent Glassdoor survey revealed that more employees are expected to quit in the coming year, citing salary as the main reason why. To get ahead of the turnover, Glassdoor offers 10 tips you can use to help manage your employees’ salary expectations.
Millennials employees are no longer a novel concept. As Scott T. Rollin notes in the Minneapolis Star Tribune, they’ve begun to move into middle management and other key employee roles. Coupled with employers’ worries about hiring and retaining qualified workers, the result is a mounting concern about how to compensate key Millennials.
Compensation planning can be a very time consuming task. It’s vital to attracting and retaining qualified talent, but can be a bit less cumbersome when managed with a practical approach.
A new Mercer survey has found that pay budget increases remain about the same as last year—at 2.8%. However, according to a press release on the findings of its 2017/2018 US Compensation Planning Survey, base pay for certain jobs with in-demand skillsets is advancing at a far greater pace, Mercer has found.
One half of U.S. companies say their biggest challenge in complying with the forthcoming pay ratio disclosure rule is forecasting how their employees will react, according to a poll by Willis Towers Watson, a leading global advisory, broking, and solutions company. The poll also found nearly half of respondents haven’t considered how, or if, they […]