Although the Paycheck Fairness Act has passed the U.S. House, its fate in the Senate is doubtful. But employers are being advised to examine their pay practices anyway. The Act passed the House on a 217-210 vote on April 15, with one Republican joining the Democratic majority in voting for the bill. The purpose of […]
Tag: Employee Compensation
Yesterday, we shared some insights on executive compensation committees from Robin A. Ferracone, chief executive officer and founder of Farient Advisors. Today, her views on why compensation can be extremely emotional—and why this shouldn’t be overlooked when you’re managing executive compensation.
Most of us will work our entire lives without ever being present at—let alone participating in—a Board of Directors’ meeting. However, Robin A. Ferracone, chief executive officer and founder of Farient Advisors, has been in more compensation committee meetings than she can count over the course of her career.
Yesterday, we looked at telecommuting—aka “the benefit that keeps on giving” to both employees and employers. Today, our take on another low-cost yet highly beneficial activity you’re probably not spending enough time on: updating your job descriptions.
Telecommuting continues to grow year after year, despite some high-profile stories to the contrary (such as Yahoo!’s decision a couple of years ago to eliminate telecommuting options). In fact, some experts predict that a whopping 30 percent of workers in industrialized countries will be telecommuting by 2019!
Yesterday, attorney Kathryn Grigg of Axley Brynelson, LLP, explained employers’ obligations to offer health insurance continuation and conversion benefits to an employee’s former spouse and dependents following a divorce. Today, she’ll discuss how the election to continue coverage works—and the circumstances under which that coverage may be terminated early.
Yesterday, we looked at new executive compensation disclosure rules proposed by the Securities and Exchange Commission (SEC). Today: who’s covered by the rules, and how to calculate executive compensation that was actually paid out over a given time period.
The Securities and Exchange Commission (SEC) recently proposed rules that would require companies to disclose the relationship between executive compensation and the company’s financial performance. Today and tomorrow, we’ll look at what these rules mean for employers.
Fernández-Aráoz says that potential is the fourth era of talent spotting. Here are the previous three: Physical attributes. For thousands of years, people looked for the biggest, strongest, and healthiest people who could handle the physical aspects that most jobs required. Intelligence, experience, and past performance. For much of the 20th century, education and experience […]
Do not include the following in your documentation, says Wobst: Personal opinions. Rumors or speculation about the employee’s personal life. Theories about why the employee behaves a certain way. (Don’t practice psychiatry without a license.) For example, don’t call an employee “crazy.” Instead, document behaviors. Legal conclusions. (Don’t practice law without a license.) For example, […]