Practical HR Tips, News & Advice. Updated Daily.
Salary Increase Budget Surveys Most employers are working with 3 percent for merit, as shown by this chart taken from a recent WorldatWork survey, says Pasteris. (Pasteris, president of TLMP Consulting Group, offered her suggestions during a recent webinar sponsored by HRHero/BLR.) Actual 2010 Mean Median 2.5% 2.7% Actual 2011 Mean […]
In yesterday’s Advisor Attorney Martin Simon offered suggestions for managing 2013’s requirements under the Affordable Care Act (ACA); today, definitions of “affordable” and “minimum value,” plus an introduction to the all-HR-in-one website, HR.BLR.com. Under what circumstances will an employer owe an Employer Shared Responsibility payment? In 2014, says Simon, Senior Legal Editor at BLR, if […]
Where We’ve Been First of all, let’s look at where we’ve been, says Pasteris, who is president of TLMP Consulting Group. She offered her suggestions during a recent webinar sponsored by HRHero/BLR. In the past few years, she says, we’ve seen: Hiring freezes Promotion/relocation freezes Reduced or postponed bonuses Salary freezes Salary cuts Layoffs Survivor […]
Implementation of the Affordable Care Act (ACA) involves a lot of moving parts, says Attorney Martin Simon. As the various pieces of the ACA come into play, we can expect some flexibility, some postponing of deadlines, and a delay of penalties, he adds. In fact, the delays have already started, says Simon, Senior Legal Editor […]
The Obama administration is working to keep its minimum wage hike proposal in the public eye, and simultaneously appears to be pushing back against critics who charge that raising the minimum wage would not help working families. On Feb. 28, the U.S. Department of Labor released a report detailing the demographic characteristics of minimum wage […]
by David S. Fortney and Judith E. Kramer Effective February 28, the U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) is changing its approach to compliance audits and enforcement proceedings related to how contractors pay their workers. The changes effectively open nearly every federal contractor’s actions, policies, and practices on compensation to […]
Oswald’s original column concluded: “Don’t spend your time thinking about how unfair life is because some people seem to be benefiting despite the way they are living their lives. You may never know what price they have paid or will pay for their apparent success, but rest assured there is one because what goes around […]
Lifshey, who is managing director at the New York office of Pearl Meyer & Partners, offered her executive pay tips at a recent webinar sponsored by BLR® and HR Hero®. Overview of New Glass Lewis Protocols Shareholder advisory group Glass Lewis has also made changes in its evaluation process. Effective Date Effective for annual meetings […]
In yesterday’s Advisor, consultant Joseph DiMisa offered real-world metrics for incentive pay; today, reps that make more than their managers, sign-on bonuses, plus practical guidance for all employers who operate in more than one state. Can reps make more than their managers? Yes, it’s fairly common, says DiMisa, and, in most companies, there’s no limit […]
Because ISS reports and positions on executive pay are widely reviewed and considered by investors, comp managers need to be aware of the principal concerns ISS has, says Lifshey, managing director at the New York office of Pearl Meyer & Partners. She offered her executive pay tips at a recent webinar sponsored by BLR® and […]