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With Congress considering a couple of bills aimed at preventing wage discrimination—and several states with pay equity laws already on the books—employers may want to take a close look at their compensation practices, according to attorneys who help employers with pay matters.
By Chris Ceplenski, Managing Editor, News ‘Hot jobs’ is a term HR professionals are certainly familiar with, but what does it really mean? And how can you determine whether these hot jobs are a critical to your organization? Finally, what kinds of rewards or compensation should you be giving those employees in hot jobs who […]
There are seven basic merit allocation strategies, says Consultant Whitney Herrington. Compensation managers should be familiar with them all, including when they are appropriate (and when they are not).
[Go here for 2014 data and the rest of the survey results] 2015 Merit Increases A mere 13.8% (down from 14.1% in 2013) of survey participants have decided and/or approved their pay budgets for 2015, leaving 86.3% undecided as of the end of June. Of those who have decided, on average across all employee types, […]
Yesterday’s Advisor began our coverage of BLR’s 2014–2015 Pay Budget Survey results. Today, the rest of the results, including 2015 compensation planning. [Go here for 2014 data and the rest of the survey results] 2015 Merit Increases A mere 13.8% (down from 14.1% in 2013) of survey participants have decided and/or approved their pay budgets […]