Guess Who Works For Free (Or Maybe Just a Dollar)?
Guess who is working for free? No, we don’t mean volunteers at nonprofits. We mean corporate CEOs!
Archives
New Pay Strategies Needed to Incentivize a New Generation of Executives
In the upper reaches of corporate America, the largest generation on record is retiring—and a new generation is getting set to take over. And Gen Xers aren’t looking for the same things, compensation-wise, their Baby Boomer predecessors were.
Special Report from CareerBuilder—Changes in Workforce Composition, 2001–2014
Major demographic shifts in the United States since 2001 have led to a workforce that looks quite different today, according to a new report from CareerBuilder. Men are in a broader array of career fields, the number of occupations heavily represented by workers 55 and older has more than doubled, and white workers lost a […]
Proposed FLSA overtime regs go to OMB for review
by Susan Prince The U.S. Department of Labor (DOL) has submitted proposed changes to the Fair Labor Standards Act’s (FLSA) overtime regulations to the Office of Management and Budget (OMB) for review. The new regulations will increase the number of employees nationwide who qualify for overtime. Employers, get ready because the changes will likely have […]
CareerBuilder Notes Major Changes in Jobs Composition Since 2001
Demographic shifts in the United States over the past 14 years have led to a significantly different workforce, according to a special report from CareerBuilder. Men are in a wider array of career fields; the number of occupations heavily represented by workers 55 and older has more than doubled; and in each of the 50 […]
To fire or not to fire: Remember arrested employee may not be guilty
Learning that a trusted employee has been arrested and accused of theft is always alarming, but the question of what to do—suspend, terminate, or wait and see how the case plays out—adds even more stress. Recently, several attorneys who represent employers were asked what to do in such a situation. Their advice: Suspension or termination […]
How Apprenticeships Work in the Modern World
In yesterday’s Advisor, we received a brief history lesson on apprenticeships from author Jeff Goins. Today, we learn about apprenticeships in the modern world in another excerpt from his book, The Art of Work.
Economists Say 401(k) Plan Loan Policy Shapes Borrowing
Decades into reviewing the pluses and minuses of 401(k) defined contribution retirement plans, most employer plan sponsors have chosen to offer plan loans, which on the one hand give participants early partial access to their retirement funds but also threaten to erode those savings. A new paper suggests that plans’ loan policy can shape participant borrowing, […]
More Results from the Perks and Insurance Survey—What’s Happening with Plans and Costs?
Yesterday’s Advisor presented some results from the 2015 Perks and Insurance Survey. Today, we share more findings from the study, including plan options, cost containment, and how healthcare reform is affecting businesses.
Factors to Consider in Calculating Raises
Yesterday, we looked at the wage increases recently announced by behemoths Walmart and McDonald’s®. Today: How to prepare for compensation increases at your own organization.