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When he addressed strategy for communicating a compensation plan to a company’s sales force, Joseph DiMisa recognized the irony of selling the plan to the sales force. After all, these folks recognize a sales strategy when they see one.
The first waves of young people born from 1995 through 2010, aka “Generation Z”, are in the process of leaving school for the labor market. This demographic accounts for 25% of the total population, and with the upcoming influx of Generation Z employees, coupled with Baby Boomers’ retirements, the American workforce is growing demonstrably younger. […]
By Chris Ceplenski, Managing Editor, News ‘Hot jobs’ is a term HR professionals are certainly familiar with, but what does it really mean? And how can you determine whether these hot jobs are a critical to your organization? Finally, what kinds of rewards or compensation should you be giving those employees in hot jobs who […]
With an increased focus on equity in pay across genders as well as a need to ensure the organization is not (even inadvertently) discriminating, more and more organizations are beginning to consider greater payroll transparency.
In an increasingly competitive market for skilled workers, hiring temporary and contract employees can help businesses sidestep talent gaps and remain nimble.
By Susan Schoenfeld, JD If you are a regular reader of hr.blr.com, you know that the Office of Federal Contract Compliance Programs’ (OFCCP’s) final pay transparency rule took effect on January 11, 2016.
This year’s crop of college graduates will find welcoming conditions as they enter the entry-level job market. According to a new survey from CareerBuilder, 67% of employers say they plan to hire recent college graduates this year, up from 65% last year and the highest outlook since 2007.
Employees are happier with their benefits when a wellness program is offered—and happier still when that wellness program includes a financial wellness component, according to a new survey released by Four Seasons Financial Education (FSFE).
by Jen Carsen, J.D., BLR Legal Editor As you have undoubtedly heard by now, the Department of Labor has issued its long-awaited final regulations relating to the new overtime rules. By the DOL’s reckoning, these changes will extend overtime pay to 4.2 million Americans who don’t currently receive it.
So what’s new in the way your company approaches compensation? As the economic climate continues to evolve, so does the strategy at many of your peer organizations.