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This year’s crop of college graduates will find welcoming conditions as they enter the entry-level job market. According to a new survey from CareerBuilder, 67% of employers say they plan to hire recent college graduates this year, up from 65% last year and the highest outlook since 2007.
Employees are happier with their benefits when a wellness program is offered—and happier still when that wellness program includes a financial wellness component, according to a new survey released by Four Seasons Financial Education (FSFE).
by Jen Carsen, J.D., BLR Legal Editor As you have undoubtedly heard by now, the Department of Labor has issued its long-awaited final regulations relating to the new overtime rules. By the DOL’s reckoning, these changes will extend overtime pay to 4.2 million Americans who don’t currently receive it.
So what’s new in the way your company approaches compensation? As the economic climate continues to evolve, so does the strategy at many of your peer organizations.
Were you surprised at the title to this article? Performance appraisals are usually discussed with an eye toward all of their various benefits, like improved productivity, keeping employees focused on goals, and aligning employees with the organizational vision. Indeed, there are arguments on both sides of this issue, and clearly both advantages and drawbacks abound. […]
As most of us are well aware, there are some upcoming changes to the Fair Labor Standards Act (FLSA) that will have an impact on millions of employers nationwide. Namely, the Department of Labor (DOL) is updating the requirements for employees to qualify for the “white collar” overtime exemptions.
When it comes to pay increases, nearly every organization has its own strategy. Some give only merit-based pay raises. Others give cost-of-living adjustments every year and tie the amount to an external index, like the consumer price index. Others opt for an annual pay raise that is either automatic or automatic but tied to some […]
Randstad US, a staffing and HR services companies, has released its annual salary guides, which reveal that while most 2016 pay raises will average around 3%, certain engineering, information technology, manufacturing and logistics, and office and administration jobs can expect compensation increases of 6% to 9%.
In recent years, the Internal Revenue Service (IRS) has made a big push to get employers to properly classify employees—they’ve stepped up their audits of organizations who may have improperly classified workers as independent contractors (workers who should have been classified as employees all along).
A new report by Glassdoor, Demystifying the Gender Pay Gap, helps to confirm the existence of wage disparities by sex and why they continue. It is based on a unique data set of more than 534,000 salary reports by employees, which includes pay data down to specific job title and company name.