The new tax reform law is fueling changes to corporate America’s employee benefits, compensation, total rewards, and executive pay programs, according to a survey by Willis Towers Watson, a global advisory, broking, and solutions company. The survey of 333 large and midsize employers reveals nearly half (49%) of the respondents are considering making a change […]
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 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.
The Fair Labor Standards Act (FLSA) is seemingly straightforward on the matter of pay: employers must pay employees for all hours worked. But who is an employee? And can employers accept free work?
The debate over the value of salary transparency has heated up in recent years, with neither side giving much ground. But Kristin Wong describes some studies that weigh in favor of transparency on New York magazine’s Science of Us blog.
When you think about compensation policy and practice, do you lean more toward “just the facts” or “how does that make you feel?” Compensation is, of course, based on facts and figures. But some new research has found that employee loyalty is driven much more by feelings than it is by facts.
Nearly all of us have at least heard of Employee Stock Ownership Plans—also known as ESOPs—but far fewer are sure exactly how they work and why organizations would want to offer them.
Minimum wage increases will affect numerous states across the country in January 2018.
Creating an effective pay program is challenging enough. It’s even more so with the emotion that comes into play when a company makes the decision to part ways with an employee. If your company is facing a reduction in force due to new technology, a merger, or another business reason, severed employees won’t be alone […]
Do prospective employees attempt to negotiate their pay or do they simply accept what they are offered? A recent CareerBuilder survey found that the majority of workers (56%) do not negotiate for better pay when they are offered a job.
The U.S. 8th Circuit Court of Appeals—which covers Arkansas, Iowa, Minnesota, Missouri, Nebraska, North Dakota, and South Dakota—recently reversed an Arkansas district court’s dismissal of a former employee’s retaliation claim against a grain company under Title VII of the Civil Rights Act of 1964, the Equal Pay Act (EPA), and the Arkansas Civil Rights Act.