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Workers gaining clout in salary discussions? Doesn’t look like it

HR Morning

in 2017, although those are smaller than the average increase executives received this year and in 2015. Performance incentives: Holding steady or declining. Exempt employees are projected to receive bonuses that average 11.6% Discretionary bonuses for exempt employees are projected to average 5.6%

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Cafe Classic: Excessively Successful Incentives

Compensation Cafe

Editor's Note: In this Classic cautionary tale, Jim Brennan (using the 2016 Wells Fargo incentive disaster as his beginning "case in point") reminds us of how easily even reward plans designed with the best intentions can misfire. The only thing worse than an incentive that doesn’t work is one that works all too well.

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Total CEO Pay Rose 6% in 2016, Willis Towers Watson Study Finds

HR Daily Advisor

The analysis found total pay for CEOs increased 6% in 2016, up from the 4% median increase in 2015. The analysis, based on 365 S&P 1500 companies with consistent CEOs that filed proxies disclosing 2016 pay by the end of March, found that CEO salaries increased 2% in 2016, following a 2% increase in 2015.

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Signing Bonuses: A Useful Talent Acquisition Tool in Today’s Labor Market?

Astron Solutions

A 2016 WorldatWork survey found that 76% of employers were using signing bonuses to attract key employees. Signing bonuses are described as “a lump sum of money that an employer provides to a prospective employee. It is the employer’s hope that the extra money will be an incentive for the prospect to accept the job offer.

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FLSA: The song (no longer) remains the same…

i4cp

Proposed regulations were released in June 2015, accepting comments until September of that year. The DOL will finalize and release final regulations in July 2016 with a 60-day grace period allowing employers to comply. hospitals, schools, government agencies, etc.).

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It’s Back – New Federal Overtime Rule Proposed

HRWatchdog

In March 2014, then-President Barack Obama directed the Secretary of Labor to begin creating new federal overtime rules, and by June 2015, the DOL announced their proposed rule. The final overtime rule was set to go into effect on December 1, 2016. The proposed rule does not include: Changes to the job duties test; and.

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From Now to December: Transitioning to the New Overtime Rules

FingerCheck

The rule comes with an implementation period of eight months – employers have until December 1, 2016 to implement the new rule, leaving them with plenty of time to strategize and possibly re-organize in order to comply with the new law. Compliance. Rollout period . Assessing salary .