‘Cutting’ Benefits Make Workers Happy
In the Silicon Valley, “cutting” benefits makes workers happy. Why? Well, these bennies are for hair care—not health care—and they are on-site!
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Why Employment Branding Rocks
In yesterday’s Advisor Dr. John Sullivan—professor, author, corporate speaker, and advisor—gave advice concerning employment branding. Today we hear more from him.
Ask the Expert: ‘Claw back’ of Former Employee’s Bonus
An employee got a signing bonus last year, but has left the organization. We want to ‘claw back’ the bonus. How do we do this? Signing bonuses can be a helpful tool when hiring employees in difficult job markets or to fill jobs requiring very specific skill sets. The biggest issue with a signing bonus […]
Pay Transparency Final Rule Published: Who Is Impacted and When
By Susan Schoenfeld, JD The U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) has released its final rule implementing Executive Order (EO) 13665, Non-Retaliation for Disclosure of Compensation Information. The EO prohibits federal contractors from discharging or discriminating against employees or applicants who inquire about, discuss, or disclose their own compensation or […]
Pay Compression—The Reality of Relativity
The idea of raising low wage earners’ pay to provide them with a livable wage is a viable concept, if handled in an effective manner. Unless pay at higher levels of the organization is also adjusted up, increasing only the lower pay levels compresses some of the higher levels into what essentially becomes a new […]
10 Simple Ways to Determine Employee Pay Raises
By The Young Entrepreneur Council There isn’t any one reason an employee should get a raise. Factors like company success, starting salary, and recent accomplishments all play a role. That’s why we asked 10 entrepreneurs the following question: “What method or process do you use to determine employee pay raises?” (Source: Small Business Trends) Click […]
8 Components of an Effective Employee Compensation Plan
Effective employee compensation plans can set the stage for effective recruiting as well as employee retention. This is because the employee compensation plan should articulate a distinctive value proposition that will inspire and guide the team in the right direction. “Properly developed, this makes a powerful statement internally to your employees as well as externally […]
The 3 essential behaviors I look for in my team members
by Dan Oswald A few weeks ago, our company held its annual strategic planning session. In a meeting of our executive team, a consultant we work with shared an insight that I want to pass along. What did he say that I found so profound? He told us that successful leaders “make it clear which […]
Franchisee group calls ruling on Seattle wage law discriminatory
Franchisers in Seattle are faced with phasing in the city’s $15-an-hour minimum wage more quickly than they had hoped now that the U.S. 9th Circuit Court of Appeals has rejected their bid to be classified as small businesses, a decision the franchisers call discriminatory. In 2014, Seattle passed a minimum wage law that requires employers […]
Changing the Game with Employment Branding
BLR® recently asked Dr. John Sullivan—professor, author, corporate speaker, and advisor—about employment branding best practices. Let’s take a look at some of his information.