How to Show Next-Level Appreciation for Your Employees
Industries around the globe are experiencing a labor shortage, and with the rise of remote working, retaining talented employees has become more difficult than ever.
Tag: bonuses
DOL Offers Guidance on Nondiscretionary Bonuses, Per-Project Pay
The U.S. Department of Labor’s (DOL) Wage and Hour Division (WHD) kicked off the new year by releasing two opinion letters providing guidance for dealing with issues arising under the Fair Labor Standards Act (FLSA).
It’s Best to Be Transparent About Bonuses, Says Expert
Perhaps you remember a time when the holiday bonus was a guarantee and when organizations shared their financial success with their workers with surprise bonuses. While that does still occur in some organizations, it is far from ubiquitous.
Types of Bonuses You May Not Be Utilizing
Employee bonuses are often used as tools for motivation and retention. In some cases, they’re used as a means to keep base pay stable while still giving employees recognition. When salaries are increasing but salary budgets are not keeping pace, bonuses can be a way to offer recognition without changing the year-to-year obligations if circumstances […]
Should You Offer a Signing Bonus?
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 […]
Hospitality Industry Rife with Gender Pay Gaps
The 2017 Restaurant Management Salary Survey Report, the third annual report from Gecko Hospitality, the largest hospitality recruiter in the United States, finds the gender pay gap is still widespread, with starting pay and bonuses for men considerably higher than for women.
Going Against the Grain: Worker Fired After Unequal Pay Complaint
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.
Are Contingencies in Commission Agreements Worth the Paper They’re Written On?
Late last year, the Massachusetts Appeals Court ruled that commissions are “due and payable” under the Massachusetts Wage Act at the time an employee resigns or is terminated, even if the employee might not be eligible to receive the payments under the terms of the company’s commission agreement or plan. (See, Commission Structure Doesn’t Justify […]
Unexpected Forms of Employee Recognition
Employees often feel as though their efforts go unrecognized or unappreciated at work. This can lead to resentment and can even prompt employees to begin job hunting.
BLR’s 2017–2018 Pay Budget and Variable Pay Survey
How much of an increase in pay are your employees receiving in 2017? What level of pay raise is your organization projecting for 2018? 2017 Merit Increases This year’s BLR®—Business & Legal Resources Pay Budget and Variable Pay Survey is practically a replay of last year’s survey, with 18.6% (up from 17.9% last year and […]