Tag: Compensation

Does Employee Ownership Work?

By Upendra Chivukula and Veny W. Musum Today, almost 50% of Americans own zero capital wealth. With the already manifest discontent all over the country, this fact is an ominous recipe for even wider, much more serious future levels of unrest. However, there is a solution. Shared employee ownership via Employee Stock Ownership Plans (ESOPs) […]

How Will a Minimum Wage Increase Impact You? CFOs Weigh In (Survey)

Nearly 75% of minimum-wage paying firms in the United States say they would reduce current or future employment if the minimum wage is raised to $15 per hour, according to a recent survey of senior finance executives. The Duke University/CFO Global Business Outlook survey has been conducted each quarter for two decades. The latest survey […]

Think You Have Joint Employment Licked? Think Again.

In early 2016, the Wage and Hour Division of the U.S. Department of Labor (DOL) released an Administrator’s Interpretation addressing joint employment under the Fair Labor Standards Act (FLSA) and Migrant and Seasonal Agricultural Worker Protection Act (MSPA). In conjunction with this release, the DOL also issued a new fact sheet on the Family and […]

Employers Give Pay-For-Performance Programs Low Marks

Despite embracing the concept of pay-for-performance, a surprisingly large number of North American employers say their pay-for-performance programs are not doing what they are designed to do—drive and reward individual performance—according to a new survey released by Willis Towers Watson.