61% of Workers Didn’t Negotiate Higher Salary on Their Last Job Offer
Many job postings close with a statement indicating salary is negotiable, but how often do job seekers speak up to secure a better package?
Tag: Compensation
$608 in Unpaid Overtime Cost Texas Employer $41,333 in Attorneys’ Fees
By the way, the amount of attorneys’ fees in the headline is not the amount the employer paid its lawyers. Oh, no—that’s the amount it had to pay the employee’s lawyers for suing to recover the $608 in unpaid overtime. To make the disparity even stranger, the employee lost two of his three claims at […]
Economic Boost Gives Employers the Opportunity to Invest in Workforce, Correct Pay Inequities
The recent economic boost has given employers the opportunity to invest in their workforce and take actionable measures to correct pay inequities to remain competitive, finds Randstad US.
Hiring Could Be Even More Difficult in 2018 as Employers Compete for a Shrinking Talent Pool
Employers have high expectations for business and headcount growth in 2018, but a severe skills shortage in the fastest growing sectors could hinder plans, according to the 2018 U.S. Salary Guide from Hays, a specialist recruitment agency.
Tax Law Fueling Changes to Employer Benefits and Compensation Programs
The new tax reform law is fueling changes to corporate America’s employee benefits, compensation, total rewards, and executive pay programs, according to a survey by Willis Towers Watson, a global advisory, broking, and solutions company. The survey of 333 large and midsize employers reveals nearly half (49%) of the respondents are considering making a change […]
Pay Actions: An Introduction for HR Professionals
A few weeks ago, I wrote an article about compensation practices that included a brief look at pay approaches including single-rate pay, step-based pay, and a slew of pay differentials. Taking it a step further, this article is about pay actions and explains the types, why they occur, and how they’re communicated to employees.
10 Tips for Managing Salary Expectations
A recent Glassdoor survey revealed that more employees are expected to quit in the coming year, citing salary as the main reason why. To get ahead of the turnover, Glassdoor offers 10 tips you can use to help manage your employees’ salary expectations.
Can You Accept Volunteer Labor?
The Fair Labor Standards Act (FLSA) is seemingly straightforward on the matter of pay: employers must pay employees for all hours worked. But who is an employee? And can employers accept free work?
Salary Transparency Can Motivate Your Employees
The debate over the value of salary transparency has heated up in recent years, with neither side giving much ground. But Kristin Wong describes some studies that weigh in favor of transparency on New York magazine’s Science of Us blog.
With Employee Pay, Perceptions Often Trump Facts
When you think about compensation policy and practice, do you lean more toward “just the facts” or “how does that make you feel?” Compensation is, of course, based on facts and figures. But some new research has found that employee loyalty is driven much more by feelings than it is by facts.