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Bank of America and Walmart are using stock grants to retain workers

HR Brew

Under the incentive, employees who earn as much as $500,000 a year will receive restricted stock on top of their regular compensation. Since the bank rolled out this program in 2017, it has distributed $4.8 Bank of America will distribute $800 million worth of restricted stock across most of its workforce, according to a Jan.

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How to Become a Human Resources (HR) Manager: The Definitive Guide

Analytics in HR

Compensation and benefits : HR managers oversee compensation and benefits programs, ensuring competitiveness in the market, managing payroll, and administering employee benefits packages. 68,370 per year is from base pay, and $11,693 is through additional compensation such as cash bonuses and/or profit sharing.

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Nuances of Nonprofit Compensation: 2017 Compensation Best Practices

Compensation Today

In a prior life, I did compensation and HR for a nonprofit. As a grantmaking foundation, if we didn’t have cash, not only could we not pay our operating and payroll expenses, we couldn’t do our core work. That said, for their competitive roles, nonprofits are willing to compensate more (42 percent of nonprofits vs. 51 percent of all).

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What is a Certified PEO (CPEO), and Why Does It Matter?

Extensis

Then, on June 1, 2017, the IRS designated around 35 PEO companies as certified professional employer organizations (CPEOs), the first group to be qualified. When dealing with a non-certified PEO, the IRS views that both the PEO and the client have payroll tax responsibility. Note: Only 1% of PEOs hold CPEO, ESAC, and CI certifications!)

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Your 2017 Year-End Payroll Checklist

Paycor

Here are some things to keep in mind prior to your last payroll to help create a successful and accurate end to 2017. Review your payroll data. Are your payroll records accurate? First, analyze employee benefit selections to ensure that deferred compensation plan types and employee contribution amounts are correct.

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When the Answer Is Not the Solution

Compensation Cafe

Take that budget, buy some good surveys and estimate how much you'll increase your 2017 payroll, right? But when I was talking this request over with a growing company recently, I was reminded of a few war stories that I usually share in Compensation 101 classes. So why approve a compensation study?

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Get Me a Compensation Strategy, STAT!

Compensation Today

One intentional decision that too many companies aren’t making: establishing their compensation strategy. PayScale’s 2017 Compensation Best Practices Report (CBPR) found that just 37 percent of all organizations have a comp strategy. What is a compensation strategy? Does your organization have a compensation strategy?