We find ourselves again at the end of another year! Can you believe the 4th quarter of 2016 is coming to a close?
Compensation
FLSA Overtime Rules Delayed
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.
2017 Compensation Budgeting Outlook
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.
The Fissured Workplace and Employee Misclassification
Overtime Out of Control? Effective Cost Management Strategies
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.
Living Wages in 2016 – How Do Employers Respond?
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.
CEO Pay Controversy
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.
Compensation 106: Variable Pay
The final feature in our Astronology® six part series is here! In this issue of Astronology®, we will discuss variable pay.
Compensation 105: Pay Communications
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.
Compensation 104: Pay For Performance
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.