Tag: Compensation

What do employees want? Money ranks right up there

Employers spend a lot of time and energy striving for engaged workers, the kind of employees who are happy, productive, and devoted to their jobs. But finding ways to recruit and retain those employees takes understanding what workers value most from an employer, and that gets complicated. Some employers emphasize their commitment to flexibility and […]

Now Is a Good Time for an Exemption Audit

Back in 2014, President Obama tasked the Secretary of Labor with updating the overtime regulations as they relate to overtime pay exemptions. The intent was to get the regulation details back in alignment with the original intent of the Fair Labor Standards Act (FLSA).

diversity

America’s Most Needed Occupations and What They Pay

Not every job in America is as lavish as the C-suite. Some jobs force workers to get down and dirty, or even put employees lives at risk. These jobs are the backbone of the United States, and as Mike Rowe—of the hit televisions show Dirty Jobs—would say, “Someone has to do it!” In honor of […]

Employee Goal-Setting Tips

Setting appropriate employee goals is an important component of keeping the workforce productive and motivated. It can also affect retention since clear expectations are a critical component of employee satisfaction levels. And organizations that opt to implement pay-for-performance programs have an added layer of accountability by putting a piece of the employee’s compensation on the […]

Payroll Errors Cost Time, Money, Morale

Whether you’re just starting out or you’ve been handling payroll for years, Joe Sharpe urges you to heed this warning: Be careful. It isn’t that Sharpe, who prefers the title “Payroll Czar” at his firm Sharp Payroll, Inc., doesn’t trust your abilities, your education, or your dedication to the job. Rather, it’s just that people […]

Landmark Equal Pay Law Enacted in Massachusetts

By Joan Farrell, JD, Senior Legal Editor The governor of Massachusetts recently signed significant new equal pay legislation into law. Like the equal pay laws recently enacted in other states, the Massachusetts law provides a definition for “comparable work” and protects employees who discuss their compensation with coworkers. But the new law differs from the […]

End of 2016 Hiring Expected to Mimic 2015, But with Better Wages

The U.S. hiring outlook for the next 5 months is expected to mirror the same period in 2015—but paychecks will likely become a little bigger—according to CareerBuilder’s Midyear Job Forecast. More than half of employers will raise wages for current employees while two in five will offer higher starting salaries on job offers in the […]

Highlights of BLR’s 2016-2017 Pay Budget Survey

Conducted in May, BLR’s 2016-2017 Pay Budget Survey provides data from 555 participants on 2016 increase amounts for senior management, management, exempt non-management, hourly office, and hourly non-office employees, as well as the increase amounts being budgeted for next year and the most common increase amount by performance level.