Practical HR Tips, News & Advice. Updated Daily.
By The Young Entrepreneur Council There isn’t any one reason an employee should get a raise. Factors like company success, starting salary, and recent accomplishments all play a role. That’s why we asked 10 entrepreneurs the following question: “What method or process do you use to determine employee pay raises?” (Source: Small Business Trends) Click […]
Effective employee compensation plans can set the stage for effective recruiting as well as employee retention. This is because the employee compensation plan should articulate a distinctive value proposition that will inspire and guide the team in the right direction. “Properly developed, this makes a powerful statement internally to your employees as well as externally […]
While Title VII of the Civil Rights Act already prohibits gender-based discrimination, including pay discrimination, there was an unfortunate problem created by a court interpretation back in 2007. Namely, the courts decided that the original pay decision was what started the statute of limitations to bring a claim—not the ongoing unfair pay. This all came […]
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.
Turnover costs for businesses are high and can significantly affect the financial performance of an organization or business. It has been estimated that, on average, it costs a company one-third of a new hire’s annual salary to replace an employee. What causes turnover? Click here to read more.
If you make an offer to a candidate that is contingent on passing your training classes, can you make those training classes unpaid?
While retirement savings rates among women are catching up to those of men, the average salary deferral rate for women still lags behind those of their male counterparts. Click here to read more.
By Susan Prince, JD, Legal Editor The public comment period for the Department of Labor’s (DOL) proposed changes to the overtime regulations ended on September 4th, 2015. Almost 250,000 comments were received, which represent the diverse views on the proposed changes—particularly the steep increase to the salary level required for exemption.
Jasmin Rojas, JD, Legal Editor Many consumers appreciate the simplicity and the usually significantly lower cost of using Uber as a means of transportation. However, the line between Uber’s services and those of a traditional taxi (where the driver is usually an employee) is one that is incredibly blurred.
After raising the minimum wage for its lowest compensated workers, Walmart is now cutting some workers’ hours to try to trim costs. Click here to read more.