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How to Comply with the New Overtime Rules in 2020

Mitrefinch

Bureau of Labor and Statistics found that in 2013 fulltime workers averaged 42.5 Lastly, highly compensated employees (HCEs) are also generally exempt from overtime pay. As with any federally regulated, overarching change in employee compensation, there will certainly be challenges for compliance faced by businesses around the country.

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Part I - Malaise in the Employee Rewards: What’s Going On?

Compensation Cafe

Sales compensation has always been a different beast: it has different buyers and economic cycles than employee rewards, and sales incentives constantly evolve to meet new business needs. The Bureau of Labor Statistics reports that between 2008 and 2013, 55% of the Compensation and Benefits Manager positions in the U.S.

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Is Team Chemistry the Next Big Thing in Performance and Rewards?

Compensation Force

As data and analytics bring increasing sophistication to our understanding of employee and organizational performance, will we be able to identify the plus-minus statistics for our teams? Creative Commons image "2013 01 18 McFarland youth Hockey at UW game (3)" by Elliott Connor Photography.

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Lost at Sea or. No Safe Harbor

Compensation Cafe

On October 6 Europe’s highest court struck down an international agreement (Safe Harbor) that has allowed thousands of companies to easily transfer personal data from Europe to the U.S. The ruling highlights the different views towards online data protection. So what should Compensation professionals be doing? since 2000.

ATS 40
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Heed These 5 Performance Management Realities—Before It’s Too Late!

Reviewsnap

Many still hold annual reviews but these meetings are used primarily to address development and career pathing issues—and to discuss compensation (annual pay raises, bonuses, etc.). Yes, we’re all shooting for the same result—to fairly evaluate, compensate and motivate employee performance. Technology is compulsory.

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The Best Employee Retention Articles and Resources from Across the Web

ForUsAll

employees are eligible for bonuses four times a year, with biannual salary reviews. Employee Retention and Turnover Data Resources. The data ranges from 2013-2017. If you have data to match those years, you can also use this to see how you’ve tracked against the average over time. Quote: “Shutterfly Inc.

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BLR’s 2017–2018 Pay Budget and Variable Pay Survey

HR Daily Advisor

A closer look at the data shows that 15% of employers awarded merit increases of up to 2.5% in 2013) of responding employers did not award merit increases in 2016. Myriad other challenges were also noted, including: Administering compensation: 14.5%. Finding usable market data: 12.5%. 2017 Bonuses. in 2015, 35.7%

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