Tag: Compensation

OFCCP Demands Detailed Compensation Analysis in Virtually

Remember, says Desmond, who is a partner in the New Orleans office of national employment law firm Jackson Lewis, OFCCP (Office of Federal Contract Compliance Programs) does not enforce a law but an executive order. So, if you don’t want to do business with the government, you don’t have to comply. Desmond’s comments came at […]

Ten Years Ago They Told Me, ‘Figure Out Compensation’

By Sharon McKnight SPHR, BLR Compensation Specialist If you’ve been assigned to “figure out compensation” then you probably feel like I did about a decade ago. I didn’t even know where to begin, much less what needed to be done. Luckily, I worked for a subsidiary of a large corporation with a very knowledgeable compensation […]

Can’t We Use the ‘Faltering Company’ Exception for Layoffs?

Well, we’re faltering, you may think, so we don’t have to worry about WARN, but it’s not as simple as that. Exceptions to the WARN Act Notice Requirements The WARN Act’s notice requirements do not apply if the conditions of one of the following exceptions are met: Temporary facility Completion of a particular project when […]

The Constant Battle of Collaboration vs. Control

Oswald, who is CEO of BLR, offered his thoughts on collaboration and control in a recent edition of The Oswald Letter. The definition of control is, “the power to influence or direct people’s behavior or the course of events.” Think about those words for a minute. Let’s start with the first four words of the […]

Layoff, Furlough, or Pay Cut: Which Is Best?

When you’ve trimmed all the fat you can trim from operations and marketing and the budget still isn’t balanced, companies have to turn to labor costs. But what’s the best option? There are advantages and disadvantages to each. Hiring Freeze Instituting a hiring freeze is an almost knee-jerk reaction in many organizations. But there are […]

SCOTUS to Review Affirmative Action, OFCCP Wants Disability ‘Goals

Supreme Court Review While the case the Supreme Court will hear involves public colleges and universities, the ruling could eventually impact other courts’ decisions on affirmative action programs outside of higher education, notes BLR Legal Editor Susan Schoenfeld. In 2003, the Supreme Court ruled in Grutter v. Bollinger that public colleges and universities could not […]

Should Incentive Plans Be a Component of Your Compensation Program?

In a BLR webinar titled “Smart Compensation Strategies for Small Employers: How to Maximize Your Budget and Reduce Legal Risks,” David J. Wudyka outlined some tips on implementing effective incentive plans. Why Implement an Incentive Plan? Incentive plans can be an effective part of a company’s compensation strategy. However, it is important to analyze whether […]

Paired Comparison: Simple, Inexpensive, & It Works

In yesterday’s Advisor, compensation expert David Wudyka helped smaller employers to maintain a “big company” compensation system. Today, his suggestions about an inexpensive way to evaluate and rank jobs, plus an introduction to an all-in-one compensation supersite. Big companies use complex quantitative job evaluation systems, says Wudyka, who is managing principal of Westminster Associates in […]

Smart Comp Strategies for Small Employers: How to Maximize Your Budget

Smaller businesses often can’t afford the resources that larger competitors can, says compensation expert David Wudyka, but that doesn’t mean they can’t have an effective compensation program. What’s Different About “Small Business”? When it comes to running compensation, small business have several challenges, says Wudyka, who is managing principal of Westminster Associates in Wrentham, Massachusetts. […]

Executive Compensation 101: Key Terminology

This will help you understand the key elements that every good executive compensation program includes, and ensure you’re knowledgeable about the broad strategies and concepts involved with designing (or re-designing) and administering a successful executive compensation program. In a BLR webinar titled “Executive Compensation: How to Design an Attractive and Cost-Effective Plan for Your Organization,” […]