Tag: Merit Increases

Managing the Severance Meeting—It’s a Business Transaction

Van Parys, who is with Carothers DiSante & Freudenberger LLP in Sacramento, offered his tips at the SHRM Annual Conference and Exposition held recently in Orlando. Challenges by EEOC and NLRB To avoid having your severance agreement challenged by the EEOC or NLRB, says Van Parys, include language to the effect that the former employee […]

2014-2015 Pay Budget Survey Results in; How Do You Compare?

Highlights of the survey: 18.2% of respondents are awarding merit increases (averaged across all employee types) of up to 2.5% in 2014 and 46.1% are awarding increases of more than 2.5% 21% of survey participants awarded an increase of 2.51–3% for “Meets requirements” and 12.9% awarded that amount for “Exceeds requirements.” The biggest challenge for […]

2014 Performance Management Survey Results—What Are Supervisors’ Most Common PA Errors?

Supervisors’ Role in Performance Appraisals Management’s top responsibilities when it comes to performance evaluations are writing evaluations of their direct reports for 85.6% of survey participants, followed closely by setting goals for/with employees for 78.3%, conducting review meetings for 75.3%, and coaching employees for improved performance for 75.3%. Finishing out the field is reviewing evaluations […]

Top 5: Compensation & Benefits Daily Advisor 2013 Year in Review

Featured Post Infographic Explores 2013 Employer Holiday Pay Practices BLR has released the results of the new 2013 Holiday Practices Survey, which examines employer practices for providing paid holidays and paying nonexempt employees during the 2013 holiday season and provides information on planned paid holidays for 2014. Compensation Planning Merit Increases—Performance or Place in Range? […]

BLR’s 2013–2014 Pay Budget Survey Data: How Do You Compare?

What’s in the Survey Report? Here’s what you’ll find in the full survey report below: 2013 Data 2014 Data Breakdowns by Geography and Industry Criteria Used to Determine Rate Range Adjustments Pay Practices Factors That Affect Salary Increases How the Salary Range for a New Position Is Determined Sources of Salary Data HR’s Role in […]

Merit Increases—Performance or Place in Range?

Neelman, who is principal and senior consultant with Compensation Resources, Inc., in Upper Saddle River, New Jersey, shared her tips at a recent webinar sponsored by BLR and HR Hero. Working with Salary Ranges Neelman’s charts below describe the segments of the range and who is typically in each segment. Below Incumbent’s salary falls below […]

Let’s Eliminate Base Pay Merit Increases

Rubino, who is founder and president of Rubino Consulting Services in Pound Ridge, New York, offered his suggestions at the 64th SHRM Annual Conference and Exhibition, held recently in Atlanta, Georgia. Rubino asked his audience of HR managers how many of them had merit increase base salary systems. Most hands went up. Then he asked, […]

Make Smart Post-Recession, Performance-Based, Pay Decisions

How can you make smart decisions on pay budgets, merit budgets, and overall compensation given the economic turmoil of the last few years? Consultant David Wudyka tells us what’s going on and what we can do about it. Wudyka is founder and managing principal of Westminster Associates, a Wrentham, MA based, full-service HR and compensation […]