Practical HR Tips, News & Advice. Updated Daily.
Travel by non-exempts outside the normal area brings two different sets of rules into play. (As we mentioned yesterday, exempt employees are expected to work as and when the job requires.) Special Assignment in a Different Location When an employee who regularly works at a fixed location in one city is given a special one-day […]
Pay compression is particularly difficult to address in times of economic hardship, says Wudyka, but there are steps you can take to eliminate it. Wudyka is managing principal of Westminster Associates in Wrentham, Massachusetts. His tips came during a recent webinar sponsored by BLR. 1) Revisit/rebuild “grade structure.” The first thing we can do is […]
Peer Group ‘Arms Race’ Boyd, a researcher at Boston-based compensation consultant Equilar, says that pay ratcheting is a concern when companies compare themselves to their peer group. “For instance, you decide to set your CEO’s pay above the median of the peer group. Then other companies see that figure and want to set their CEO […]