Tag: Compensation

Step It Up with Step Rate Pay Scales

Sharon McKnight, CCP SPHR In a previous position as an HR director, I was tasked with developing a sustainable pay system for a large hourly workforce within a production-oriented environment—lots off manual labor at multiple positions, many requiring similar experience and skill sets.

10 Principles to Make Your Sales Compensation Plan Effective

Creating an effective sales compensation plan is a key component of a company’s overall compensation administration. The goal is to craft a sales compensation plan that motivates team members to perform strongly. Here are 10 principles to make sure your sales compensation plan is effective. Creating an effective sales compensation plan is a key component […]

Public Sector Pay: Reasons and Rationale

Most people understand the notion that public sector employees have made a choice to exchange some financial compensation for noncash rewards, including superlative benefits. E. James Brennan, a compensation expert with decades of experience in the field, says there are nuances that many of us do not truly understand.

What Is the Equal Pay Act?

Did you know that the Equal Pay Act (EPA) is actually a component of the Fair Labor Standards Act? The EPA was established in 1963 and signed into law by President Kennedy.

NCAA rules limiting payments to college athletes may violate antitrust laws

by Nancy Williams Certain NCAA rules designed to ensure “amateur status” of student athletes may violate federal antitrust laws, according to a decision of the U.S. 9th Circuit Court of Appeals. The ruling came in a case filed by Ed O’Bannon, a former All-American basketball player at UCLA. O’Bannon discovered that his name, likeness, and […]

Ask the Expert: ‘Claw back’ of Former Employee’s Bonus

An employee got a signing bonus last year, but has left the organization. We want to ‘claw back’ the bonus. How do we do this? Signing bonuses can be a helpful tool when hiring employees in difficult job markets or to fill jobs requiring very specific skill sets. The biggest issue with a signing bonus […]

Pay Transparency Final Rule Published: Who Is Impacted and When

By Susan Schoenfeld, JD The U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) has released its final rule implementing Executive Order (EO) 13665, Non-Retaliation for Disclosure of Compensation Information. The EO prohibits federal contractors from discharging or discriminating against employees or applicants who inquire about, discuss, or disclose their own compensation or […]

Pay Compression—The Reality of Relativity

The idea of raising low wage earners’ pay to provide them with a livable wage is a viable concept, if handled in an effective manner. Unless pay at higher levels of the organization is also adjusted up, increasing only the lower pay levels compresses some of the higher levels into what essentially becomes a new […]