Reward Strategies Should Target Key Talent
Organizations should revisit their pay structures to support the retention of key talent—not the highest-level executives but those workers who consistently provide the most value to the organization.
Integrating Performance Management and Rewards at Microsoft
Microsoft Corp.'s pay philosophy recognizes that top performers provide the highest value to the firm. With that in mind, the firm integrated its performance management and pay programs to allow for simplified, transparent and differentiated rewards.
CEO Pay Increased Modestly as Profitability Rose
Top U.S. public companies made only modest increases to CEO pay levels in 2011, despite strong company profitability, as companies tread lightly in the era of "say on pay."
When to Consider General Increases Despite Performance Pay
Organizations with a pay-for-performance philosophy might cringe at the thought of an across-the-board pay increase. But there are times to considered it.
Legislation Introduced to Make Merit Pay Amendments to Labor Law
Twin bills making their way through Congress would allow employers to give merit-based bonuses, raises and other increases to an individual employee above the level set by the employee’s union contract.
DOL Ramps Up Wage and Hour Enforcement
The U.S. Department of Labor’s (DOL) wage and hour enforcement has become more hostile toward employers, according to a former administrator of the Wage and Hour Division.
Train Managers on Time Sheet Red Flags
Time sheets that suggest the hours worked are “same old, same old” day in and day out should be a red flag for employers.
Ensure the Strategic Use of Stock-Based Pay
Is it time for employers to rethink stock-based compensation for broad groups of employees? The answer depends on what the company wants to accomplish.
The Evolving Say on Dodd-Frank’s ‘Say on Pay’
The so-called “say-on-pay” provisions in the Dodd-Frank act are making headlines as shareholders vote "no" on pay packages—and sue corporate boards.
Wage Growth Still Reels from 'Great Recession'
While there were signs of modest overall wage improvements in 2011, the depression of wage growth during the recession is likely to impact income inequality and employee engagement for many years to come.
Matching Jobs with Pay
Traditional job evaluations are giving way to market pricing in setting compensation levels.
Confidentiality, Pay Privacy Rules Might Violate NLRA
Rules that prohibit employees from discussing their wages likely violate the National Labor Relations Act (NLRA).
Analyze Compensation Programs to Reveal Risks
Well-managed companies rely on robust compensation risk assessments that review pay decisions with an eye on the organization's performance and sustainability.