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Compensation

 

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STEM Graduates’ Salaries Exceed Others, but Face Slowdown
Top-paying college majors earn $3.4 million more than the lowest-paying majors over a lifetime, research reveals. But wage growth shows signs of slowing for IT, science, and biotech positions this year.

Incentive Pay Lessons from the Hospitality Industry
What can compensation managers responsible for incentive pay learn from the hotel industry? A good deal, according to new findings.

Is a Living Wage All the Rage?
More employers are pushing wages for their lowest-paid employees a bit higher. Some are burnishing their brand image, while others are bowing to the realities of a tighter labor market.

Proposed Overtime Rule Advances to OMB Review
The Labor Department’s proposed rule limiting white-collar overtime exemptions was sent to the Office of Management and Budget for review on May 5, to be made public with a comment period “in the near future.”

FLSA Overtime Regulation Revisions on the Move
SHRM chairs the Partnership to Protect Workplace Opportunity (PPWO), a group of nearly 50 employer organizations and companies that is organizing the employer community’s response to the proposed overtime rule changes.

IT Professionals See Bigger Pay Gains
After several years of slow gains, there are signs of notable compensation increases for information technology tech professionals in a range of positions.

SEC Proposes Pay-Versus-Performance Rule
The Securities and Exchange Commission issued a proposed rule requiring public companies to detail the relationship between executive pay and the organization’s financial performance.

Get Ready to Reclassify Employees as Nonexempt
The U.S. Department of Labor will soon unveil its proposal to limit job positions that can be classified as exempt from overtime. It’s time to prepare for the likely consequences of widespread employee reclassifications.

 

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97 Frequently Asked Questions About Compensation: With Answers from SHRM’s Knowledge Advisors
The most often asked employee compensation questions related to bonuses, paid leave, tax compliance, wage and hour regulations, and much more.

 

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