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The campaign to raise the federal minimum wage to $10.10 an hour fell a step backward in a Senate vote on April 30—a vote that brought cheers from business interests concerned that the increase would be too onerous on employers and jeers from labor groups that claim the current $7.25 minimum is inadequate. Sixty votes […]
In yesterday’s Advisor we discussed straight and hurdle-rate profit-sharing; today, goal-driven profit-sharing plans. [Go here for 1. Straight and 2. Hurdle-Rate Profit Sharing] 3. Goal-Driven Profit-Sharing Plans In a goal-driven profit-sharing plan, profits are used to establish an incentive opportunity, but employees also must earn that opportunity, based on achieving other goals. These other goals […]
by Paul Saito The Hawaii Legislature has passed a bill that will increase the minimum wage from $7.25 to $10.10, with hikes every year from 2015 to 2018. Senate Bill (SB) 2609 also will increase the state’s tip credit from 25 cents to 75 cents over the next two years. The bill will be sent […]
Yesterday, consultant David Cichelli talked about hurdles, modifiers, and multipliers for sales compensation. Today, his take on using matrices, plus an introduction to a new compensation webinar you won’t want to miss.
Age discrimination in the workplace can be subtle. Yes, we’re all aghast when we read about direct evidence of discrimination, like the manager who allegedly said he fired an employee because she was “old and ugly.” But most age discrimination claims are based on circumstantial rather than direct evidence. Take for example the age discrimination […]
The material in today’s e-mail is adapted from BLR’s 7-Minute Safety Trainer session, “Respiratory Protection.” The goals for a training session on respirator safety should include teaching employees to: Understand when to use the different types of respirators. Understand how to fit, inspect, and maintain respirators. The applicable regulations from the Occupational Safety and Health […]
Have you ever been halfway through your workday and thought, “I’m really bored today!” If you have, chances are (we hope) that you kept it to yourself and found some work to tide you over until the next project was ready to go.
Interviews seem to be the source of many HR Strange but True! stories. There were the dance auditions, the preemptive request for leave to pick up a mail-order bride, and even calling a spouse mid-interview to check what’s for dinner, just to name a few.
A noncompete agreement is an agreement between an employer and employee that the employee will agree to not work for a competitor immediately after leaving employment with the current employer.
When you consider a profit-sharing plan, there are three main ways to set it up: straight, hurdle, and goal. A profit-sharing plan is a group incentive plan that includes all employees in an organization and that focuses on overall business unit profit (or a similar bottom-line financial goal). What are the advantages and disadvantages? Advantages […]