Practical HR Tips, News & Advice. Updated Daily.
Is your salary data a toddler, a teenager, or ready for retirement? If you’ve worked in compensation for very long you probably know all there is to know about “aging” data. If you’re new to comp, however, and aging data is a bit of a mystery, read on.
There is really no absolute definition of an independent contractor. The important distinction, from the point of view of an employer, is that an independent contractor is an individual who is performing services for the employer but who is not an employee.
Don’t make the mistake of thinking that having a compensation plan is the same has having an effective one. There are several warning signs that can alert employers when their compensation plan is not effective.
Market-based compensation utilizes salary survey data to evaluate an organization’s pay levels and can make them more, or less, competitive depending on the organization’s compensation philosophy—a framework within which compensation decisions are made.
To the loyal readers of the Compensation and Benefits Daily Advisor: Thanks for reading!
Today, we’re continuing our coverage of highlights from the results of the BLR® 2015–2016 Pay Budget Survey. Full survey results are available to our Compensation.BLR.com® subscribers on the website.
Have you heard of giving employees a “longevity increase”?
How much have your pay rates increased in 2015? What will they be in 2016? Are they tied to the market or internally driven? What’s going on with your peer companies around the country?
Audit is such a dreaded word. Who wants to be audited? Pretty much no one. But if you get audited, wouldn’t it be better if you were prepared and had a reasonable belief that no issues would be found?
Employers struggle to provide a balanced and fair leave package for their employees. What’s happening with employee leave in the real world? What are your competitors up to? Help us find out!