State Minimum Wage Increases for 2019 (Map)
Minimum wage increases will affect numerous locations on July 1, 2019.
Tag: Compensation
Q&A: Does Remote Work for Women Result in Less Pay?
To this day equal pay for equal work is not a reality for many women in the United States. There are many forces at play, but recent research sought to explain what is happening.
The Future of Payroll Has Arrived, and It’s Instant
Today, takeout or groceries can be at your doorstep minutes after ordering. Burger King is delivering food to those caught in L.A. traffic jams. Nearly everything in our lives has adjusted to “Smartphone Time” and can be had instantly with a swipe.
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 […]
Avoiding Pay Compression
Pay compression happens when the pay levels within an organization start to converge, and there’s less and less differentiation for things like years of experience and education levels. This happens far too easily—typically because the pace of raises doesn’t always keep up with the speed of market-level wage increases for new hires.
Why the Wage Gap Solution Is Transparency, Not Legislation
Earlier this year, the U.S. House passed the Paycheck Fairness Act to further the cause of gender wage parity. Now, I’m not against government regulation, but I’m skeptical of change that’s enforced from the top down because lawmakers can’t mandate corporate buy-in. In my experience, businesses do best when solutions come from the bottom up.
What the New Overtime Threshold of $35,000 Means for Your Business
The U.S. Department of Labor (DOL) has released its highly anticipated proposal to change the minimum salary threshold for overtime eligibility. Placing the new threshold at $35,000 per year (or $679 per week), the proposed regulations would make over a million more workers eligible for overtime pay.
Seven Pay Equity Questions Every HR Professional Should Ask
In part 1 of this article we explored problems with pay equity and discussed an approach for getting pay equity right. Today we’ll provide you with 7 questions that every HR professional should ask about pay equity.
Getting Pay Equity Right
Fairness is a major factor that tends to color how employees view the workplace. If a happy, engaged employee learns that another employee doing the same job is getting 15% more than he or she is getting, all the other things that made the job seem great turn to ash.
Pros and Cons of Total Compensation Statements
A total compensation statement is something many employers opt to provide to employees to quantify and communicate the monetary value of their full compensation package. Also known as a total rewards statement or a “hidden paycheck,” a total compensation statement would include base pay plus bonuses/incentives, and also could include the quantified value of benefits […]