Practical HR Tips, News & Advice. Updated Daily.
The BlueSteps Executive Compensation Report, recently released by the Association of Executive Search Consultants (AESC), reveals that almost half (44%) of executives at the CEO/president level experienced a rise in total compensation in the last fiscal year.
Remember the old Eveready® battery commercial with Robert Conrad in a muscle shirt playing the tough guy? He had an Eveready battery sitting on his shoulder while he muttered the line, “I dare you to knock this off.” I’m not sure why he was daring anyone to knock the battery off his shoulder or what […]
Yesterday, we started to look at some of Payscale’s compensation recommendations for workers at all stages of their careers, taken from their report Compensation Challenges for a Multi-Generational Workforce. Today, the rest of the list.
While many of us continue to think of Millennials as the young whippersnappers of the office, the oldest of them are now 35 (and, no, this is no April Fools’ joke!). This may come as something of a shock—even setting aside the issue of how old this makes the rest of us feel. It also […]
Yesterday, we looked at the factors that comprise a total rewards framework—which goes well beyond the actual dollars and cents you pay your employees. Today, a nontraditional reward assessment checklist.
A total rewards framework is a comprehensive way of looking at how employers pay their employees. It is now finding its way into the thinking of compensation and human resources professionals at more and more companies.
March is Women’s History Month. Let’s face it, the business world has been dominated by men for too long. Episodes of Mad Men come to mind, where just 50 years ago the majority of women served as assistants or secretaries. Sure, we’ve made progress, but has it been fast enough?
ERISA stands for the Employee Retirement Income Security Act of 1974. In short, this is the federal law that creates standards for retirement, health, and pension plans. Even though such plans are typically set up privately, employers that opt to offer them have an obligation to meet the requirements under ERISA when implementing their plans. […]
In yesterday’s Advisor, attorney Ted Boehm explained the rules governing deductions in pay for nonexempt employees (and how to avoid the pitfalls); today, he presents the facts regarding deductions and exempt workers.
Existing sex discrimination guidelines (found at 41 C.F.R. part 60-20) have not been significantly updated since 1970. Since employer policies and practices—and the workplace itself—have changed dramatically since then, the U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) has started action to update its guidelines.