Ask the Expert: Deductions from Pay of Exempt Employee
Can you deduct from an exempt person’s salary for loss, damage, or unauthorized expenses? All of these deductions would be problematic because the employee is exempt under the FLSA.
Tag: Compensation
Market Pricing and Salary Surveys, Part II
Market-based compensation uses salary survey data to match pay with rates paid in the external market. It’s not a job factor evaluation system but can be used to develop an internal job worth hierarchy. Read more.
High-Paying Nondesk Jobs Don’t Always Require a 4-Year Degree
Millions of Americans earn their living from behind a desk and computer screen, and while that’s a reality only likely to expand over the coming years, hundreds of nondesk jobs continue to grow and thrive, according to a recent analysis of labor market data from CareerBuilder. Read more.
Aging Salary Data: Is Your Data Ready for Retirement?
Is your salary data a toddler, a teenager, or ready for retirement? If you’ve worked in compensation for very long you probably know all there is to know about “aging” data. If you’re new to comp, however, and aging data is a bit of a mystery, read on.
I Have a Question Regarding Compensation for Contractors vs. Employees
There is really no absolute definition of an independent contractor. The important distinction, from the point of view of an employer, is that an independent contractor is an individual who is performing services for the employer but who is not an employee.
7 Signs Your Comp Plan Might Be in Trouble
Don’t make the mistake of thinking that having a compensation plan is the same has having an effective one. There are several warning signs that can alert employers when their compensation plan is not effective.
Salary Surveys and Market Pricing
Market-based compensation utilizes salary survey data to evaluate an organization’s pay levels and can make them more, or less, competitive depending on the organization’s compensation philosophy—a framework within which compensation decisions are made.
A Message to Readers of the Compensation and Benefits Daily Advisor
To the loyal readers of the Compensation and Benefits Daily Advisor: Thanks for reading!
The Role of HR In Compensation Decisions
Today, we’re continuing our coverage of highlights from the results of the BLR® 2015–2016 Pay Budget Survey. Full survey results are available to our Compensation.BLR.com® subscribers on the website.
What Is a Longevity Increase?
Have you heard of giving employees a “longevity increase”?