Practical HR Tips, News & Advice. Updated Daily.
Salary Increase Budget Surveys Most employers are working with 3 percent for merit, as shown by this chart taken from a recent WorldatWork survey, says Pasteris. (Pasteris, president of TLMP Consulting Group, offered her suggestions during a recent webinar sponsored by HRHero/BLR.) Actual 2010 Mean Median 2.5% 2.7% Actual 2011 Mean […]
by Jane Meacham, Contributing Editor The U.S. Department of Labor (DOL) on March 1 proposed a 60-day delay to June 9 of its so-called fiduciary rule on investment advice conflicts of interest and related exemptions, pushing back the rule’s original effective date of April 10. The DOL also opened two comment periods related to the […]
When businesses begin implementing diversity, equity, and inclusion (DEI) initiatives, they may have a lot of ideas about what those initiatives will look like but not how to measure their success. DEI measurements identify areas of risk of exclusion, prioritize initiatives, set targets and program goals, assign accountability, and measure the ultimate impact of the […]
Question: Is there a deciding factor(s) to unpaid vs. paid interns? Are there specific wage ranges for paid interns? Is there a formula or process to use when deciding the pay for an intern? (We are a public agency in Illinois.)
The world of recruiting has changed. For most employers, gone are the days of the résumé drop box in the lobby, welcoming walk-ins interested in filling out a paper application, or entertaining calls asking to speak to HR about open positions listed in the newspaper.
Question: Is there a statute of limitations regarding when employers must inform employees of an overpayment of wages, and can employees be held legally accountable for paying the overpayment back? Answer: The Federal Labor Standards Act (FLSA) doesn’t address how long an employer has to recover overpaid wages. In the absence of federal law, state […]
McAnally is president of SalesComp America, in Andover, Massachusetts. Killer #7. Design Comp Plans That Don’t Match Company Goals [Go here for mistakes 1 to 6.] Nobody’s going to be happy with the sales force if compensation plans don’t match up with company goals. Say you’re trying to launch a new product that is much […]
Yesterday’s Advisor began our coverage of the incentive Pay Survey; today, more survey results, including how respondents fund incentives, how they communicate their plans, how they evaluate, and how they would improve them.
According to an old Chinese proverb: “A wise man adapts himself to circumstances, as water shapes itself to the vessel that contains it.” And to put it less eloquently—as Business Author Alan Deutschman once said—”Change or die.” As technology continues to advance and improve our daily lives, companies that don’t adapt to the changing times will […]
We’ve all heard the quote, “Choose a job you love, and you will never have to work a day in your life.” I’m a firm believer in this. Life’s too short to toil away in a job you hate. So, I’ve always encouraged my kids to pursue their passions and then figure out how to […]