Five Reasons to Focus on Pay Equity in 2010
The Lilly Ledbetter Fair Pay Act, signed into law last year, put renewed focus on rewards fairness. As employers consider their rewards programs in the post-Ledbetter era, it's important that pay equity continue to be emphasized. More
Early Report Shows Lower Average Salary for College Class of 2010
Among employers responding to a recent survey, just 29 percent said they would increase their starting salary offers for the Class of 2010. But computer science and engineering grads will see somewhat higher offers compared to those extended to the Class of 2009. More
Beyond MSAs: Determining How U.S. Pay Varies by Geographic Location
Using the Census Bureau's Metropolitan Statistical Areas (MSAs) can produce misleading results, according to a survey of wage levels in various U.S. cities, regions and geographic areas. More
New-Hire Pay Ticks Up
The SHRM LINE Employment Expectations Report shows that for the first time since July 2007 the rate of new-hire compensation rose on an annual basis in February, for both manufacturing and service sectors. More
Five Reasons to Focus on Pay Equity in 2010
The Lilly Ledbetter Fair Pay Act, signed into law last year, put renewed focus on rewards fairness. As employers consider their rewards programs in the post-Ledbetter era, it's important that pay equity continue to be emphasized. More
Women Still Trail Men Globally in Pay and Promotions, Report Finds
As soon as women leave business school they lag behind men by job level and compensation—and never catch up, a new study shows. More
Companies Worldwide Rewarding High Performance with Variable Pay
Companies continue to shift a greater portion of their compensation budgets toward variable pay programs that reward and retain high-performing workers. More
Multinationals Must Keep Watch on Local Pay Laws
Some multinational companies overlook pay-related discrimination laws in the countries in which they operate. That would be a mistake. More
U.S. Salary Increase Budgets Barely Matching Inflation
With total salary increase budgets in the U.S. barely exceeding inflation, even top performers might be disappointed to discover that their 2010 raises—in many cases following a year of frozen compensation—are only keeping up with cost-of-living increases. More
Employees Hesitant to Discuss Salaries with Boss, HR
Even as employees and job seekers struggle to evaluate their current worth, they’ve become increasingly uncomfortable about discussing their compensation—especially with their boss or HR. More
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Where are the latest articles on benefits?
Thay are posted in SHRM Online's Benefits Discipline!
Daily Newswire
For full links/summaries to some of the best new comp/benefits stories on the web, click here. Recent compensation postings on the newswire (please scroll down through benefits posts):
• Some Execs Got ‘Pity’ Bonus (CNNMoney.com)
• Federal Pay Ahead of Private Industry (USA Today)
• Firms Move Gingerly to Rescind Salary Cuts (Wall Street Journal)
• Wages Likely to Stay Sluggish for Years to Come (NPR.org)
Recently Posted News and Features
REGULATION/LITIGATION:
• Sales Rep FLSA-Exempt
• IRS: Employer-Provided Clothing Excludable from Wages Under Some Circumstances
• IRS Releases Section 409A Correction Program for Nonqualified Plan Document Failures
FORECASTS/SURVEYS
• Employers Take Wait and See Stance with Pay
• Small Increases Seen in Pay, Benefit Budgets
• Still Cautious, Employers to Hold the Line on Pay, Benefits in 2010
GENERAL COMPENSATION:
• Handling Bonus Season: Frustrated Employees, Nervous Managers
• Geographic Pay Differential Practices
• Salary Range Structure Practices
INCENTIVE COMPENSATION
• Financial Firms Jettison Short-Term Incentives, Adopt Performance 'Scorecards'
• Companies Enhancing Stock Plan Offerings to Employees at All Levels
• Employee Equity Plans Likely to Survive Slow Economy
• IRS Issues Final Employee Stock Purchase Plan Regulations
EXECUTIVE COMPENSATION
• Diminishing Luster in 'Golden Parachutes'
• For 2010, SEC Adopts Revised Executive Comp Disclosure Amendments
• For 2010, Matching Executive Pay to Performance—for Real
Note: SHRM Online's full archive of compensation articles can be accessed via the list of compensation topics on the upper left side of this web page.
SALARY SURVEY RESOURCES
SHRM members may request links to salary survey resources for a wide variety of industries and professions, as well as severance pay practices and salary increase projections, via the Salary Survey Directory.
Also, in collaboration with Watson Wyatt Data Services, SHRM's Compensation Data Center allows SHRM members to create customized reports based on positions, geographic area, industry, organization and revenue size, profit, and other variables.