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Compensation 

Top Stories

Compensation frontpage image

New-Hire Compensation Remains Under Pressure
The rate of increase for new-hire compensation has been falling for more than a year, and employers reported that they continued to keep wages and benefits packages in check for new hires in October, according to SHRM's latest
Leading Indicators of National Employment (LINE) survey. More

More Companies Plan to Unfreeze Salaries and Restore 401(k) Matches
About half of all large U.S. companies that froze salaries for 2009 plan to unfreeze them for 2010, and over a third of companies that reduced 401(k) matching contributions plan to restore them, according to an October 2009 survey. One reason: More employers think their financial setbacks have bottomed out. More
 

Ruling: Workers Were Employees Covered by FLSA
Two workers who performed repair work steadily for almost a year were employees, not independent contractors, because they were too economically dependent on the companies they worked for to be considered in business for themselves. Thus, they might be entitled to overtime payments under the Fair Labor Standards Act (FLSA), according to the 5th U.S. Circuit Court of Appeals. More

Fortune 500 Executive Comp Peer Groups: How Large?
An important component of setting executive pay is choosing peer firms against which to measure and benchmark compensation. New research looks at peer group composition at American's largest companies. More

Executive Comp Reminder: Amend for Section 162(m) by Year End
Many U.S. companies will need to amend their employment agreements, equity plans and awards, and other incentive plans and agreements by Dec 31, 2009, to preserve the deductibility of performance-based awards under tax code Section 162(m). More

Financial Execs Cite Top Cost Concerns
Employee benefits tops the list, but most still anticipate lower bonuses and raises given the sluggish economy. More

Most Companies Not Ready to Restore Executive Pay Cuts
Most U.S. companies are not planning to restore executive pay cuts or freezes made during the economic crisis anytime soon, and many are focusing on long-term shifts toward better pay-for-performance. More

Salaries Looking Up?
As they prepare salary budgets for 2010, some employers plan to reformulate total rewards packages for positions at every level. Here/’s how—and why. More

But Some Still Slimming Pay
Despite the nascent recovery, many employers are still struggling and looking for ways to keep afloat. But cutting salaries without considering the legal minefields may increase legal costs and jeopardize more jobs, a comp attorney warns. More

Out-of-Cycle Salary Adjustments Can Undercut Pay for Performance
There are repercussions when managers increase an employee's base salary out of cycle without a change in grade or level. Here's why HR should hold the line. More 

Wal-Mart Eliminates Paper Paychecks
Wal-Mart, the world’s largest retailer, has instituted a paperless payroll system for 1.4 million Wal-Mart and Sam’s Club employees in the United States. More

New-Hire Compensation
For 12th straight month, in September the rate of increase in new-hire compensation fell behind the previous year. But in the service sector, more companies actually raised new-hire compensation rather than reduced it. More

Compensation 2010: Answers to Tough Planning Questions
As recession gives way to recovery, the economy is forcing employers to re-examine compensation practices and make difficult decisions—some of which could re-shape compensation strategy in the years ahead. More
 

Sales Pay Mix Varies by Position
When designing a sales compensation plan, it's important to consider differences between types of sales positions and the impact they have on influencing and closing sales. More

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Where are the latest articles on benefits?
Thay are posted in
SHRM Online's Benefits Discipline!

Daily Newswire                        

For full links/summaries to some of the best new comp/benefits stories on the web, click here. Recent compensation postings on the newswire (you may have to scroll down): 

Global Wages Falling This Year, UN Says (MSNBC.com) 

Executive Pensions Rose in ‘08 Even as Stocks Fell: Report (Reuters, Wall Street Journal) 

Wal-Mart Wins Final Approval of Wage Suit Settlement (Bloomberg.com)

• Changes to Expatriate Compensation Packages (Sibson Consulting)

Recently Posted
   News and Features

REGULATION/LITIGATION:

N> Ledbetter Law Leads to Equal Pay Ruling

 9th Circuit Ruling Shows Compensation for Off-Site Work Is Evolving

 Wage and Hour Law Violations to Spur Stricter Enforcement

GENERAL COMPENSATION:

 Avoiding 'Pain for Performance': How to Effectively Design and Implement a Pay for Performance System

 2009/2010 Survey Report on HR Compensation

 U.S. Salary Increase Budgets Up Just 3% for 2010

 Modest Canadian Salary Increases of 2.2% Forecast for 2010

 Starting Salaries, Demand for Graduates Slipping, Study Shows

EXECUTIVE COMPENSATION

Conference Board Issues Model Executive Pay Reforms

Supreme Court Case Has Executive Comp Implications

Advice for the New 'Pay Czar'

Note: SHRM Online's full archive of compensation articles can be accessed via the list of compensation topics on the upper left side of this web page.

SALARY SURVEY RESOURCES

SHRM members may request links to salary survey resources for a wide variety of industries and professions, as well as severance pay practices and salary increase projections, via the Salary Survey Directory.

Also, in collaboration with Watson Wyatt Data Services, SHRM's Compensation Data Center allows SHRM members to create customized reports based on positions, geographic area, industry, organization and revenue size, profit, and other variables.

 Webcasts


Archived Webcasts: Available 'On Demand':

Wage and Hour Issues in the Current Economy
Presenter: Paul DeCamp, partner, Jackson Lewis
June 2009
Today's economic environment, where employers are being forced to adjust pay, salaries and staffing levels on a moment's notice, is creating new wage and hour concerns. Can employers legally cut workers' hours? As employees gain new responsibilities after layoffs, is their exempt/non-exempt designation accurate? As employers become more reliant on contract labor, are they correctly classifying independent contractors correctly? In this program, Paul DeCamp of the law firm Jackson Lewis takes a look at wage and hour issues in the current economy. This program is sponsored by
Kronos.
-- View for this webcast

Making Pay for Performance Pay Off for You
Presenter: Sharon Koss, SPHR, Koss Management Consulting
June 2008

As part of the strategic planning effort, HR must ensure that the compensation philosophy supports the organization’s goals. In this webcast, Sharon Koss, author of Solving the Compensation Puzzle, explores how HR can ensure the success of an organization’s pay-for-performance compensation strategy and prevent serious consequences, such as employee turnover and lawsuits. She’ll explore assessing how an organization’s current compensation plan can link pay with performance on base pay. This webcast is sponsored by Salary.com.
View this webcast

A Guide to Wage and Hour Compliance
Presenters: Tammy D. McCutchen and Lisa Schreter, Littler Mendelson
January 2008

Wage and hour class actions have emerged as one of the most significant employment law trends of this decade. They now outnumber all other employment class actions combined. And with more than 80 percent of employers out of compliance with federal and state laws, this trend will continue. This program explores the most significant wage and hour risks faced by employers today, including meal and rest periods, off-clock work, continuous workday issues, and employee misclassification.
View this webcast

More Webcasts

An Introduction to Compensation

Get an overview of terminology and issues associated with compensation.

E-Newsletter Sign Up

Compensation Newsletter

SHRM publishes a Compensation electronic newsletter covering a wide variety of topics, four times per month.

Sign Up for this Newsletter


 Featured Video

Tie Compensation to Engagement
Executive compensation should be tied to employee engagement, not short-term financial goals, argues Rosie Steeves, principal at The Refinery Leadership Partners.
HR Talk: Discuss Compensation

 SHRMstore Feature

Solving the Compensation Puzzle

Solving the Compensation Puzzle will help you lead senior management through the compensation process, improve employees’ performance and reduce turnover. An effective compensation program recognizes that monetary rewards change employee behavior. Employees want appreciation and a pleasant work environment, but they need to believe that extra effort is noticed and rewarded. It is important to have a variety of reward systems, especially for employees who want to know what is in it for them. A good pay-for-performance plan will help you attract, retain and motivate your top performers. More



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