Amazon Offers 'Pay to Quit' Bonuses to Disgruntled Workers
Amazon.com will pay unhappy employees a bonus—up to $5,000—to leave, in a program that the online retail behemoth calls "Pay to Quit." But is $5,000 enough to embolden disengaged employees to depart?
Signing Bonuses Promote Trust, Raise Expectations
Employers that offer a signing bonus expect greater effort from their workers and often get it, a new study finds.
Starting Salaries Inch Up
The average starting salary for college graduates in April was up just 1.2 percent from a year earlier—considerably lower than predicted.
White House Focuses on Pay Equity
President Obama signed an executive order barring federal contractors from retaliating against workers who discuss their pay, and took steps to require additional data from contractors on compensation by sex and race.
Paycheck Fairness Act Stalls in Senate
Opponents have argued that federal laws against pay discrimination already exist and that S. 2199 would increase government interference in the workplace and drastically raise the number of pay-equity lawsuits.
Value of Stock Incentives Overlooked
Because of a lack of understanding, employers risk losing the motivation that equity-based incentives are designed to create.
Employers Award a Wider Variety of Incentive Pay
Private companies rely on an increasingly diverse set of short-term cash incentives, with plan designs similar to their public company counterparts.
Cash Long-Term Incentive Use Rises
Employers also are expanding their use of cash-based long-term incentives as part of employee compensation, although stock-based multiyear incentives still dominate—especially at the executive level.
Who Will Be Entitled to Overtime Under Rule Change?
President Obama's overtime expansion, if implemented, could take away the flexibility built into the "primary duty" test while reintroducing the inflexible percentage-based test used in states like California.
White House: Higher Tipped Minimum Wage Helps Women
Women would benefit from a raised minimum wage more than men, particularly if the tipped minimum wage is increased, says the Obama administration.