Using Market Data to Determine Salary Range & Calculate Range Spread
By Sharon McKnight, CCP SPHR
Tag: Compensation
What Should Be Included in a Total Compensation Statement?
Total compensation statements are a way to help employees understand how much the employer is investing in them. This goes far beyond the paycheck. As part of your compensation administration, it’s a great idea to include total compensation statements so that employees can understand the full extent of the organization’s investment. This leads to greater […]
Employers Can’t ‘Bank’ on Unlimited Authority to Deny Discretionary Bonuses
By Kelly Smith-Haley, JD
Study: Daughters Benefit in Their Careers from Having a Working Mother
Contrary to conventional wisdom, growing up with a working mother is unlikely to harm children socially and economically when they become adults, according to new research by a Harvard Business School.
Ask the Expert: Can you Lower Employee’s Pay for Poor Performance?
The short answer to your question is “Yes, it is generally legal to reduce an employee’s pay in order to account for unsatisfactory performance.” Just as employers may increase employee wages for exemplary performance, an employee’s paycheck can also be a viable method for deterring or improving poor performance.
Economy Is Improving, So Are Salaries … Just Not as Fast as CEOs
By Andy Marken
U.S. Employers Not Planning to Fully Fund Annual Bonuses
A new survey has found that U.S. employers aren’t expecting to fully fund their annual employee bonuses in 2015.
Ask the Expert: Are All Gift Cards Taxable Income?
Can we give gift cards to employees without them being considered taxable income? Is there a minimum amount that would not be considered taxable income?
Measures of Central Tendency (a.k.a. Mean, Mode, & Median)
By Sharon McKnight, CCP, SPHR Finding the middle ground is important for a lot of things, and for a lot of reasons, including salary data. For example, when researching salary data, it’s important to know whether you’re looking at the mean, the mode, or the median. All three are measures of central tendency but they’re […]
Pay Transparency Rule: What ELSE Must Contractors Do?
By Susan Schoenfeld, JD In earlier articles, we’ve told you about the final pay transparency rule implementing Executive Order (EO) 13665, Non-Retaliation for Disclosure of Compensation Information. The final rule and the EO prohibit federal contractors from discharging or discriminating in any way against employees or applicants who inquire about, discuss, or disclose their own […]