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Compensation 

Top Stories

Compensation frontpage image

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.

 Webcasts


Archived Webcasts: Available 'On Demand':

Wage and Hour Issues in the Current Economy
Presenter: Paul DeCamp, partner, Jackson Lewis
June 2009
Today's economic environment, where employers are being forced to adjust pay, salaries and staffing levels on a moment's notice, is creating new wage and hour concerns. Can employers legally cut workers' hours? As employees gain new responsibilities after layoffs, is their exempt/non-exempt designation accurate? As employers become more reliant on contract labor, are they correctly classifying independent contractors correctly? In this program, Paul DeCamp of the law firm Jackson Lewis takes a look at wage and hour issues in the current economy. This program is sponsored by
Kronos.
-- View for this webcast

Making Pay for Performance Pay Off for You
Presenter: Sharon Koss, SPHR, Koss Management Consulting
June 2008

As part of the strategic planning effort, HR must ensure that the compensation philosophy supports the organization’s goals. In this webcast, Sharon Koss, author of Solving the Compensation Puzzle, explores how HR can ensure the success of an organization’s pay-for-performance compensation strategy and prevent serious consequences, such as employee turnover and lawsuits. She’ll explore assessing how an organization’s current compensation plan can link pay with performance on base pay. This webcast is sponsored by Salary.com.
View this webcast

A Guide to Wage and Hour Compliance
Presenters: Tammy D. McCutchen and Lisa Schreter, Littler Mendelson
January 2008

Wage and hour class actions have emerged as one of the most significant employment law trends of this decade. They now outnumber all other employment class actions combined. And with more than 80 percent of employers out of compliance with federal and state laws, this trend will continue. This program explores the most significant wage and hour risks faced by employers today, including meal and rest periods, off-clock work, continuous workday issues, and employee misclassification.
View this webcast

More Webcasts

An Introduction to Compensation

Get an overview of terminology and issues associated with compensation.

E-Newsletter Sign Up

Compensation Newsletter

SHRM publishes a Compensation electronic newsletter covering a wide variety of topics, four times per month.

Sign Up for this Newsletter


 Featured Video

Prepare for Pay Audits
Consider your options for balancing costs and risks before conducting a pay audit, reports Allen Smith, J.D., SHRM’s manager of workplace law content.
HR Talk: Discuss Compensation

 SHRMstore Feature

Solving the Compensation Puzzle

Solving the Compensation Puzzle will help you lead senior management through the compensation process, improve employees’ performance and reduce turnover. An effective compensation program recognizes that monetary rewards change employee behavior. Employees want appreciation and a pleasant work environment, but they need to believe that extra effort is noticed and rewarded. It is important to have a variety of reward systems, especially for employees who want to know what is in it for them. A good pay-for-performance plan will help you attract, retain and motivate your top performers. More



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