Sales Compensation Strategy 101
Setting the compensation strategy for the entire organization is no small task, especially when certain groups may warrant their own separate compensation strategy, as they have differing goals and objectives.
Tag: Compensation
Managing Pay Equity in the Workplace
Pay equity is getting more attention in the media, and as the public becomes more aware of the pay gap issue, employees are raising questions internally with employers, according to Joseph Beachboard and Lara de Leon of Ogletree, Deakins, Nash, Smoak & Stewart, P.C. Some large companies have responded to the increased attention by publishing […]
Severance Pay Basics and Policy Considerations
Severance benefits are payments made to employees upon termination of employment caused by events that are beyond their control, such as workforce reductions, plant closings, company takeovers, and mergers. Severance benefits are sometimes offered to encourage early retirement or voluntary resignation, or to discourage terminated employees from suing an employer.
Understanding CEO pay is a matter of perspective
by Dan Oswald You hear a lot today about CEO pay and how something needs to be done about it. That CEO compensation is out of hand. It’s spoken about as if it’s a wild, living creature that must somehow be tamed. I agree that executive pay seems completely unreasonable when you look at the […]
Nevada Legislation Would Create New Sick Leave, Minimum Wage Requirements
It would seem as though the Nevada Legislature has declared war on small employers this legislative session with proposals to raise the minimum wage, require equal pay for equal work, and force Nevada employers with 50 or more employees that have operated in the state for at least one year to provide 24 hours (equivalent […]
SHRM Session: 5 Easy Business Practices For Getting Sued
Getting sued is easy. It’s avoiding lawsuits that is the real challenge. The HR Daily Advisor was recently at the SHRM’s 2017 Annual Conference & Exposition in New Orleans. Here we attended a session entitled From the Boardroom to the Courtroom: Top 10 Business Practices That Will Get You Sued, presented by Pavneet Singh Uppal […]
Don’t Get Tripped Up: Learn Rules of the Road on Compensability of Travel Time
The law on whether the time nonexempt employees spend traveling is compensable is confusing and often trips up employers. This article is designed to explain the rules and provide guidance on how to pay for a nonexempt employee’s travel time under federal law.
The Benefits of Total Compensation Statements (And Pitfalls To Avoid)
Summer is upon us, and you know what that means: soon 2018 planning will begin. Perhaps you’ve been considering providing employees with a total compensation statement. These can be a way of giving employees a more complete picture of the benefits you provide, which may lead them to appreciate you more as their employer. At […]
SHRM 2017: Mykkah Herner and Pay Incentives
This week, the HR Daily Advisor’s editorial staff is attending SHRM’s 2017 Annual Conference & Exposition at the Earnest N. Morial Convention Center in New Orleans. Today I attended a session by Mykkah Herner, the Compensation Evangelist at Payscale, entitled Effective Incentive Plan Design. The focus of his talk was on variable pay plans and […]
New Report Offers Perspectives on 21 Topics to Help Organizations Become Destination Employers
Employers need to plan for more change affecting their compensation and benefit programs as competition for talent intensifies across global borders and the U.S. Congress continues to take steps toward healthcare reform.