Tag: Compensation

Report Highlights Salary Gap Plaguing the Technology Industry

The digital age is upon us! And it seems almost anything we come into contact with these days has a digital component to it. Yet, while we’re busy scrolling our social media feeds, shopping online, and livestreaming videos, we never stop to think about the people behind the scenes. A new report released by Paysa—a […]

Q&A: FLSA Overtime Exemption Regs Create Pay Compression

Question: We are currently evaluating a number of exempt positions with our company in respect to forthcoming FLSA overtime exemption changes.  Their salaries range below the new salary threshold and above (all depends on tenure and experience). We are looking at bumping everyone to the minimum amount.  How are most companies handling the individuals who […]

Discharged employees must prove lack of comparable jobs

by Keri Bennett Where an employee has been dismissed from a job without sufficient notice, he or she may look to his or her former employer for compensation for any losses suffered. However, the employee has a corresponding duty to try to limit any such losses by looking for comparable employment. A failure to act […]

salaried

Recordkeeping for the Newly Nonexempt Effective December 1, 2016

Every employer covered by the Fair Labor Standards Act (FLSA) must keep certain records for each covered, nonexempt worker. Under the federal Department of Labor’s (DOL) final overtime regulations, employees who currently earn more than $455 per week ($23,660 annually), but less than $913 per week ($47,476 annually), need to be reclassified as nonexempt by […]

housing

Where Do Technology Salaries Go the Furthest?

Technology jobs are in high demand and, as a result, they pay higher-than-average salaries. But what good is a big paycheck if it is all going to sky-high rents or mortgages? Indeed’s global research institute, the Hiring Lab, mined salary and cost of living data to figure out where technology jobs pay the most—in real […]

Infographic: Survey Reveals Employment and Compensation Satisfaction

A new survey released by American Consumer Credit Counseling (ACCC) shows a correlation between employment status and personal dissatisfaction with respondents’ income. Over 70% of respondents are employed and only 7% of those employed are actively looking for a different job. Of the unemployed respondents, 55% are not currently looking for work. Of the respondents, […]

banking

COLA and CPI: What’s the Difference?

By Sharon McKnight, CCP, SPHR, BLR Senior Editor I can remember when a candy bar cost a nickel. Now, it’s a challenge to find one under a dollar. The cost of placating my sweet tooth, however, didn’t just leap from five cents to nearly a hundred pennies all at once. It crept up in itty-bitty […]

Infographic: How Do SMBs Evaluate their Current Payroll Systems?

Even though most payroll administrators at small and medium businesses (SMBs) indicate they are satisfied with their current provider, nearly 40% of those same managers say they are likely to switch payroll solutions within the next 12 months, according to a recent survey by Clutch, a leading B2B ratings and reviews site. Although 85% of […]