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Compensation

End of 2016, Beginning of 2017 – Astronology® Looks Back on an Exciting Year in HR

December 20, 2016 by Cassandra Carver Leave a Comment

We find ourselves again at the end of another year! Can you believe the 4th quarter of 2016 is coming to a close?

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Filed Under: Compensation, Employee Relations, Employee Retention, FLSA, General, HR Strategy, HR Technology, Legislation, New Year Projections Tagged With: Compensation, Congress, FLSA, HR, HR Compensation, Lockout, Minimum Wage, Work Stoppage

FLSA Overtime Rules Delayed

December 6, 2016 by Cassandra Carver Leave a Comment

Prior to November 22, 2016, many in the Human Resources field had been abuzz about the enactment of the Fair Labor Standards Act (FLSA) Final Rule.

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Filed Under: FLSA, Legal Compliance, Legislation, Uncategorized Tagged With: Compensation, FLSA, HR, HR Compensation

2017 Compensation Budgeting Outlook

August 30, 2016 by Cassandra Carver Leave a Comment

Election years bring about a certain level of anxiety and unpredictability in terms of the results’ impact on the U.S. economy and compensation budget planning. 

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Filed Under: Compensation, Employee Retention, Uncategorized Tagged With: Compensation, HR, HR Budgeting, HR Compensation, Yearly Compensation Budget

The Fissured Workplace and Employee Misclassification

August 16, 2016 by Cassandra Carver Leave a Comment

In recent times, companies such as Uber and Handy have been faced with lawsuits challenging whether the individuals working for them should truly be considered “contractors.”  Are their “staff” in reality employees being denied rights reserved to those in the proper classification?  

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Filed Under: Compensation, Employee Relations, Employee Retention, Legal Compliance, Legislation Tagged With: Alternative Work, Compensation, Fissured Workplace, Fissuring, HR, HR Compensation

Overtime

Overtime Out of Control? Effective Cost Management Strategies

August 2, 2016 by Cassandra Carver Leave a Comment

Following the release of the May 18, 2016 final rule regarding adjustments to the overtime threshold for the Fair Labor Standards Act (FLSA), organizations are working to make changes to meet the new requirements.

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Filed Under: Compensation, Employee Retention, HR Strategy Tagged With: Compensation, HR, HR Compensation, Overtime

Wage Resize

Living Wages in 2016 – How Do Employers Respond?

July 19, 2016 by Cassandra Carver Leave a Comment

Seven months have passed since New York State’s minimum wage increased to $9.00 per hour, while the “fast food” minimum wage increased to $9.75 across most of the state, and to $10.50 in New York City.

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Filed Under: Compensation, Employee Retention Tagged With: Compensation, HR, HR Compensation, Human Resources, Living Wage

CEO Pay Controversy

July 7, 2015 by Cassandra Carver Leave a Comment

In the last few months, there’s been a lot of conversation on executive pay. CNBC news reported that in 2014, “the average S&P 500 company CEO made 373 times the salary of the average production and non-supervisory worker in 2014.” This is an increase from the 331 times the salary average in 2013.

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Filed Under: Compensation Tagged With: CEO Pay, Compensation, Executive Compensation, Executive Pay

Compensation 106: Variable Pay

April 2, 2013 by Cassandra Carver Leave a Comment

The final feature in our Astronology® six part series is here! In this issue of Astronology®, we will discuss variable pay.

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Filed Under: Compensation, Compensation 106, Incentive Pay Plans Tagged With: Compensation, Variable Compensation

Compensation 105: Pay Communications

March 19, 2013 by Cassandra Carver Leave a Comment

Compensation Programs and Practices 2012, conducted by WorldatWork, found that 80 percent of organizations relay pay information to their employees via brief written or oral communications.

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Filed Under: Communication, Compensation, Compensation 105 Tagged With: Compensation, Pay Communication, Pay Increase

Compensation 104: Pay For Performance

March 5, 2013 by Cassandra Carver Leave a Comment

Continuing our series of compensation topics, this week’s Astronology will review the basics of Pay for Performance programs. About 71% of organizations have a formal employee performance appraisal system.

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Filed Under: Compensation, Compensation 104, Merit Pay Tagged With: Compensation, Pay for Performance

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