Tag: Compensation

secret

The Lingering Impact of Pay Secrecy

Whether at a family holiday or social function, people are sometimes asked: “So, how much do you make?” It’s an awkward question because Americans are private and sensitive about discussing money. The natural instinct for many when faced with such a question is to simply say, “That’s none of your business.”

tips

‘Easy’ Part of Tip Rule Takes Effect, Other Provisions in for More Study

Portions of the U.S. Department of Labor’s (DOL) 2020 tipped worker rule are set to take effect April 30, but the Biden administration intends to delay the effective date and continue studying other parts of the rule, which was a product of the previous administration. The provisions of the rule taking effect April 30 are […]

training

Pre- and Postshift Work Ignites Fire for Sprinkler Company

When employees work on client jobsites or at remote locations, it may be tempting to pay them based on their scheduled hours instead of tracking their specific hours worked. But if they perform work before or after their scheduled shifts, which includes tasks such as loading and unloading tools, then they need to be paid […]

Some HR Professionals Miss the Value of In-Person Interactions

While many jobs can be done remotely, there is a certain je ne sais quoi missing. I compare it to the difference between a digital book and a paper book. They both can be read and comprehended, but something is missing when you read a book without being able to turn the pages. Not being […]

experience

CX Matters, Even in a Pandemic

Recruiting during a pandemic comes with many challenges, but that doesn’t mean the candidate experience (CX) should suffer as a result. CX is even more important now than it was in the candidate-driven market, and your peers agree.

Understanding the FARM Components of Compensation

Have you heard of the acronym FARM as it relates to compensation? I first heard this term from a BLR® webinar run by Paul Dorf, the Managing Director of Compensation Resources, Inc. (CRI). In that webinar, Dorf noted that a compensation strategy has to incorporate all of the objectives of compensation: to direct what you’d […]

compensation

Shift Your Perspective on Compensation

It’s no secret that recruiting is tough these days. And a big issue for many organizations is matching the hefty salaries larger companies in their industry may offer. But there is good news: Offering a flexible total rewards package is easier than you think—it requires some creativity and a shift in perspective.

performers

What Do Workers Really Want? New Survey Explains

A high-performing workforce is essential for any business to be successful. And while most companies strive to keep employees engaged and productive, it’s difficult to know which workplace factors will make a positive and sustainable impact. In order to attract candidates and motivate current employees, companies first need to know: What do workers want?

transparency

Just How Transparent Should Pay Transparency Be?

A recent study by Mercer titled “2019 Global Talent Trends Study” found a large gap between employees’ and HR’s understanding of how many employees would leave for better pay. The study raises important questions about pay transparency.