Tag: Compensation

payroll

Pros and Cons of Payroll Transparency

With an increased focus on equity in pay across genders as well as a need to ensure the organization is not (even inadvertently) discriminating, more and more organizations are beginning to consider greater payroll transparency.

college

College Hiring Outlook Highest in Nearly 10 Years

This year’s crop of college graduates will find welcoming conditions as they enter the entry-level job market. According to a new survey from CareerBuilder, 67% of employers say they plan to hire recent college graduates this year, up from 65% last year and the highest outlook since 2007.

It’s Never Just About the Money

by Jen Carsen, J.D., BLR Legal Editor As you have undoubtedly heard by now, the Department of Labor has issued its long-awaited final regulations relating to the new overtime rules. By the DOL’s reckoning, these changes will extend overtime pay to 4.2 million Americans who don’t currently receive it.

Problems with Performance Appraisals

Were you surprised at the title to this article? Performance appraisals are usually discussed with an eye toward all of their various benefits, like improved productivity, keeping employees focused on goals, and aligning employees with the organizational vision. Indeed, there are arguments on both sides of this issue, and clearly both advantages and drawbacks abound. […]

Prepare Now for Upcoming FLSA Exemption Changes

As most of us are well aware, there are some upcoming changes to the Fair Labor Standards Act (FLSA) that will have an impact on millions of employers nationwide. Namely, the Department of Labor (DOL) is updating the requirements for employees to qualify for the “white collar” overtime exemptions.

Automatic Pay Increase Pros and Cons

When it comes to pay increases, nearly every organization has its own strategy. Some give only merit-based pay raises. Others give cost-of-living adjustments every year and tie the amount to an external index, like the consumer price index. Others opt for an annual pay raise that is either automatic or automatic but tied to some […]