Practical HR Tips, News & Advice. Updated Daily.
Today, in an excerpt from Maine Employment Law Letter, Attorney Connor Beatty of Brann & Isaacson, LLP, discusses the real-life pros and cons of making employees’ salary information public knowledge.
I recently wrote that we shouldn’t overlook the contributions the younger generation can make. In business, we often assume that experience equates with success and therefore conclude it’s unlikely that a 20-something can make a significant contribution. I think that’s complete hogwash, but so is assuming people can’t have a major career breakthrough in the […]
Why Provide Disability Insurance for Employees? Of all the benefits employers routinely provide for employees, disability insurance remains one of the least-discussed options. This is startling, considering the fact that there are millions of Americans who are currently disabled and unable to earn income from employment.
Executive Exemption: Who Qualifies? President Obama made the news recently with a proposal to change the rules on who must be paid overtime. What rule is under consideration here, and what are the implications for employers?
When in doubt about how to set an accurate salary range for a given position, market survey data are crucial. That’s Compensation 101-level stuff. What’s not always so clear, however, is what to do with those data.
Many leaders believe they must have all the answers—that it’s their responsibility to have the answer to every question and the solution to every problem. In my estimation, it’s more important to ask the right questions than it is to always have the answer.
Yesterday, Laraine McKinnon, defined contribution director at investment management company BlackRock, provided some insights on legacy 401(k) plans that may have fallen out of date. Today, her thoughts on forecasting outcomes by groups.
Like an old house that was cutting-edge when it was built but hopelessly archaic today, your 401(k) may have fallen behind the times. Is this true of yours? And, if so, what can you do about it?
Yesterday, we got some important guidance on job descriptions as they relate to your compensation program, courtesy of John Rubino of Rubino Consulting Services. Today, Rubino’s thoughts on salary surveys: the good, the bad, and the potentially illegal.
It’s easy to think of job descriptions as an HR compliance tool—which they are. But it’s also important to remember that they play an important role in your compensation planning as well.