Build a Philosophical Foundation for Your Compensation Program
Does your compensation program have a solid foundation? It does if you took the time and made the effort to develop a compensation philosophy.
Tag: Compensation
Why Should Employers Support Moonlighting?
With the growth of the gig economy, more and more employers find themselves with employees who have another job on the side. This might be a part-time job, or it might be a side gig or “side hustle” as it’s sometimes called. For example, perhaps some of your employees also drive for Uber or Lyft, […]
How Much ‘Side Work’ Can Employees Do and Still Be Paid Tipped Minimum Wage?
In a recent decision, Florida Federal District Judge James Moody upheld the U.S. Department of Labor’s (DOL) rule that a tipped employee may be paid a direct wage that is less than the Florida minimum wage of $8.10 per hour only if he spends no more than 20% of his time on duties that do […]
Performance Review Alternatives
Performance reviews are often dreaded by employers and employees alike. Managers put them off. Employees get frustrated. Holding only one major meeting about employee performance each year could even mean you’re missing out on valuable opportunities to help your employees perform better all year long.
8th Circuit: ‘Economic Conditions’ Did Not Allow Unequal Pay
The U.S. 8th Circuit Court of Appeals (which covers Arkansas, Iowa, Minnesota, Missouri, Nebraska, North Dakota, and South Dakota) recently affirmed a jury’s decision that a furniture manufacturer was liable for sex-based wage discrimination under the Equal Pay Act (EPA) and Title VII of the Civil Rights Act of 1964.
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.
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 […]