Salary increases have been fairly stagnant lately. That has been a surprise to many analysts due to typically strong correlations between low unemployment and wage growth. A new study shows that stagnation is likely to continue.
This topic provides guidance on how to handle compensation issues in a way that attracts and retains the best talent and advances the strategic goals of your business. You get news and tips on what’s going on nationally and in the states, and updates on changes in regulations, possible governmental action, and emerging compensation trends.
A recent survey by CareerBuilder shows that nearly a third of women do not believe that they are making as much as their male counterparts, even though they have similar experience and qualifications. The same study shows that 12% of men feel that way.
Employers know that they have a legal obligation to have fair pay practices. The pay offered should not be discriminatory and should strive to equally pay employees who do the same work. There will always be allowances for differences in performance and other permissible factors, but pay differences should never be based on discriminatory reasons—not […]
At the recent WorldatWork’s 2018 Total Rewards Conference Pearl Meyer announced three comprehensive surveys aimed at helping HR professionals understand current trends in compensation and hiring. Each of these periodic reports, updated for 2018, includes detailed information that cannot readily be obtained from other data sources.
Whether you call it a hiring bonus, a signing bonus, or a sign-on bonus, the idea is the same: It’s a bonus offered to a job applicant to entice him or her to accept the position. It could be a flat dollar amount, or it may be a percent of the new salary, typically anywhere […]
Providing equal pay for equal work to employees has been an ongoing concern for decades. Employers need to be particularly wary on this point because not only is pay discrimination illegal but also, it’s something that is subject to increased scrutiny right now, both in the media and by regulatory enforcement bodies like the Equal […]
A new report released by Hired, a job search engine, highlights the growing trend of the gender pay disparity among tech workers. Now in its third year, The State of Wage Inequality in the Workplace looks at the gender wage gap across geographies, industries, and roles. It also examines how factors such as negotiation, race, […]
A new appeals court ruling is just the latest sign of the risks associated with basing salary offers on applicants’ pay history.
In 2-1 decision by a three-judge panel, the U.S. 4th Circuit Court of Appeals—which covers Maryland, North Carolina, South Carolina, Virginia, and West Virginia—reversed a decision to grant summary judgment in favor of a governmental entity. The appeals court sent the case back to the trial court for further proceedings based on the majority’s assessment of the application of the Equal Pay Act (EPA) to wages being paid by a state agency.
A new survey confirms there are major changes afoot in severance and separation benefits that will dramatically impact employer brand and talent management.