Tag: Compensation

OFCCP toughens rules on compensation audits

by David S. Fortney and Judith E. Kramer Effective February 28, the U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) is changing its approach to compliance audits and enforcement proceedings related to how contractors pay their workers. The changes effectively open nearly every federal contractor’s actions, policies, and practices on compensation to […]

Karma in the C-Suite? Readers Respond

Oswald’s original column concluded: “Don’t spend your time thinking about how unfair life is because some people seem to be benefiting despite the way they are living their lives. You may never know what price they have paid or will pay for their apparent success, but rest assured there is one because what goes around […]

6 Keys for Living with ISS and Glass Lewis

Lifshey, who is managing director at the New York office of Pearl Meyer & Partners, offered her executive pay tips at a recent webinar sponsored by BLR® and HR Hero®. Overview of New Glass Lewis Protocols Shareholder advisory group Glass Lewis has also made changes in its evaluation process. Effective Date Effective for annual meetings […]

Is It OK for Reps to Make More than Their Managers?

In yesterday’s Advisor, consultant Joseph DiMisa offered real-world metrics for incentive pay; today, reps that make more than their managers, sign-on bonuses, plus practical guidance for all employers who operate in more than one state. Can reps make more than their managers? Yes, it’s fairly common, says DiMisa, and, in most companies, there’s no limit […]

5 Pay Practices that Trigger ISS Attention

Because ISS reports and positions on executive pay are widely reviewed and considered by investors, comp managers need to be aware of the principal concerns ISS has, says Lifshey, managing director at the New York office of Pearl Meyer & Partners. She offered her executive pay tips at a recent webinar sponsored by BLR® and […]

5 Field-Tested Sales Comp Metrics

Sometimes it’s hard to see whether sales incentive programs are working, but there are several metrics that will clearly illuminate problems for you. Consultant Joseph DiMisa offers five real-world metrics that will help you spot problems early. DiMisa, who is senior vice president, Sales Force Effectiveness, at Sibson Consulting, is author of the best-selling business […]

18 Questions for Comp Managers in 2013

Here are the questions Neelman asks clients to help them complete their planning for 2013. Neelman is a principal and senior consultant with Compensation Resources, Inc. in Upper Saddle River, New Jersey. Who are your best employees? Which employees truly impact your success? What employees can you least afford to lose? What are your strategies […]

Merit Increases—Performance or Place in Range?

Neelman, who is principal and senior consultant with Compensation Resources, Inc., in Upper Saddle River, New Jersey, shared her tips at a recent webinar sponsored by BLR and HR Hero. Working with Salary Ranges Neelman’s charts below describe the segments of the range and who is typically in each segment. Below Incumbent’s salary falls below […]

Health Care Survey Results in; How Do You Compare?

Wide range of costs per employee ranging from under $3,000 to over $10,000 per year 22 percent still cover 100% of insurance costs; an additional 46% cover at least 75 percent of costs 25% have considered dropping health benefits as a result of Affordable Care Act Here are the detailed survey results. How does your […]

Compensation Update: Tips, Trends, and Tactics for 2013

Negative staffing and salary actions will decrease in 2013, says a recent Compensation Resources, Inc. survey. Neelman is a principal and senior consultant with the firm, which is located in Upper Saddle River, New Jersey. Salary Action Outlook Strategy Change (up or down) from 2012 to 2013 (Projected) Layoffs ↓ Hiring Freezes ↓ Staffing Increases […]