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Compensation

 

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Compensation Budgets Favor Variable Over Fixed Pay
The lion’s share of annual pay increases in 2016 will be allocated to variable pay such as incentives, bonuses and cash awards, new survey data shows.

Proposed Overtime Rule Will Result in Fewer Managers
Employers submitting comments to the Department of Labor say proposed overtime rules could shrink the ranks of middle-management and limit hourly workers' opportunities for upward mobility.

Should Salary Discussions Be a One-Way Street?
Some smaller companies have banned haggling over salary, but there may be better ways to close the gender pay gap.

Flat Pay Raises Spur Variable Rewards, New Metrics
Performance based incentives play an increasingly vital role in a low base-salary-increase environment, Hay Group’s Tom McMullen explains.

Wage Secrecy Prohibitions Require Caution
An increasing number of states are passing their own laws to make it illegal for a company to prohibit employees from discussing their pay, filling some of the gaps left by federal regulations.

‘Good Jobs’ Back, but Not Middle-Wage Positions
Both high-level and the low-wage jobs have recovered from the recession, but middle-wage jobs—paying from $32,000 to $53,000—remain 900,000 below their pre-recession level.

Cities, States Increase Minimum Wage, Paid Leave
More cities and states are raising their minimum wages and securing paid sick leave for workers, after Democrats failed to pay federal legislation on these goals.

Short-Term Incentives Play Larger Retention Role
More employees will get annual bonuses as pay raises stall, new data shows. But short-term incentives are just part of effective value propositions.

CEO Pay Ratio Isn’t So Simple
While the Securities and Exchange Commission's new CEO pay ratio disclosure may seem relatively straightforward to determine, digging into the data—and considering the complexity of factors that influence the numbers—reveals it may be difficult to calculate and interpret.

Answers About Paying Employees When Disaster Strikes
When worksites are closed due to natural disasters, employers face obligations mandated by state and federal laws governing how employees will get paid, with serious financial penalties if they’re overlooked.

Overtime Rule Change Bad for Business?
Under proposed regulations, faced with the difficult recalculation of overtime rates, employers may forgo incentive payments to nonexempt employees.

Proposed Overtime Rule Puts Focus on Compliance
The proposed rule to limit white-collar overtime exemptions is likely, when finalized, to add to the explosion of class-action litigation under the wage and hour statute.

 

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Stephen Miller, CEBS, is online editor/manager for compensation and benefits at SHRM. @SHRMsmiller
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